As a researcher with a background in blockchain technology and a strong interest in interoperability solutions, I am thrilled to see Entangle’s official mainnet launch. After two long years of development and testing, it’s exciting to witness the fruits of their labor come to fruition.
As a crypto investor, I’m excited to announce that Entangle, a well-known data infrastructure player, has taken a major step forward in the blockchain industry. After two challenging years of development and rigorous testing in our testnet phase, it’s finally time for us to launch our mainnet. All the hard work we’ve put in behind closed doors is now coming to fruition.
This significant achievement in Entangle’s development positions it as a key player in the omnichain sector, paving the way for future advancements through interoperability technologies. The key components of the launch include:
The Entangle Blockchain introduces an advanced layer structure, including the Application Layer, Modules Layer, and Tendermint Consensus Layer. These components collaborate to achieve an average block generation time of under 2.8 seconds, which is roughly five times quicker than Ethereum‘s block generation time.
One notable aspect of this platform is the Photon Messaging feature, which enables seamless development of omnichain projects that span 16 EVM and non-EVM blockchains, such as Solana. This capability enhances Entangle’s adaptable interoperability approach and broadens its influence within the blockchain ecosystem.
Introducing the Entangle mainnet brings new possibilities for NGL token owners. They can now participate in staking, which includes earning returns, reinforcing the Entangle blockchain, and partaking in upcoming promotional events within the Entangle Ecosystem. The act of staking is essential to maintaining the Photon Messaging system’s security. This is accomplished by transferring tokens to the Entangle validators and agent network.
Up to now, a total of 71 validators have been confirmed, including well-known figures in the industry such as Hashkey Cloud, Rhino, Nodefi, and DaiC. Notably, approximately 25 million NGL tokens have already been assigned or pledged by the community, demonstrating their belief and enthusiasm for Entangle’s future possibilities.
Moving forward, Entangle intends to bring more agents into its network who are open to handling delegations and stakes from users. Users can choose their designated agent or validator for token delegation via the Entangle Explorer. Through these actions, Entangle aims to significantly broaden its range of services in the future.
Read More
- DEXE PREDICTION. DEXE cryptocurrency
- EUR INR PREDICTION
- ZIG PREDICTION. ZIG cryptocurrency
- Shilpa Shetty’s Mumbai restaurant under radar after BMW car worth Rs 80 lakh gets stolen from parking; REPORT
- Is Red One a Box-Office Success?
- BICO PREDICTION. BICO cryptocurrency
- TikTok’s Appeal to Overturn Ban Bill Denied by Federal Court
- EXCLUSIVE: Decoding the importance of suspense around cameos in cinematic universe films
- RSR PREDICTION. RSR cryptocurrency
- GBP MYR PREDICTION
2024-05-16 15:11