Prasaga DataGrid - bringing improvements in the Worlds infrastructures and general human environments

in #prasaga • 4 years ago (edited)

Prasaga is an organization that developed a DataGrid Blockchain platform. It is a platform that encompasses miners, developers and token holders with a native chain and their own currency. Prasaga has developed a DataGrid Blockchain to change the game in the global blockchain ecosystem. Prasaga has built a community of supporters, i.e. miners, developers, and token holders globally on various social media platforms.

The Prasaga LLC Foundation has built a great community consisting of entrepreneurs, collaborators, Developers with great knowledge in different fields of life. The platform has launched its extensible blockchain testnet which is available at XBOM.io

Prasaga DatGrid Blockchain is a new blockchain project that will revolutionize the blockchain system. It is composed of some advanced features that make it more scalable with high resources. DataGrid blockchain combines Proof of Stake (PoS), Proof of Work (PoW), Parallels Chains (Sharding), Open Source Code, Stake and more. It is highly scalable, with higher resources and a very fast transfer speed. Blockchain has been developed to address some challenges in existing blockchain networks, such as the fragmentation and scalability issues of smart contract architecture.

The distributed proof-of-work feature of blockchain known as D-POW that ensures scalability alongside the (XBOM), which is the extensible blockchain object model that was established for network parallelization. DataGrid Blockchain is a very good approach to smart contracts that guarantees high speed, high quality, and great evidence of infrastructure development.

DataGrid focuses on doing everything possible and solving the general problems of exchanging data between machines. Blockchain was conceived to carry out transactions between humans with a high level of speed, security and ease. The DataGrid blockchain is focused on improving the global economy and bringing quality of life to all in the nearest future. The blockchain ecosystem will improve the identification system, the financial system, the voting system, and improve the prevailing challenges in the supply chain and logistics.

DataGrid Blockchain focuses on disrupting the following sectors:

  • Supply chain and logistics
  • Identity
  • Decentralized Finance (DeFi)
  • RegTech
  • government

DataGrid Token (DGT)

The DataGrid Token (DGT) is a cryptocurrency used in the Blockchain Marketplace for transaction fees, for validation rewards, and for DataGrid data transactions. The following DGT flows are predefined as part of the DataGrid architecture. Since the Blockchain Marketplace supports smart contracts, the amount and types of token streams are not limited. The DataGrid provider, which operates the DataGrid message server, acquires DGT through normal operations to buy data from data producers and sell data to data consumers. The primary mission of the Prasaga Foundation is to drive growth and support DataGrid globally. Therefore, the previous treasury was financed according to the tokenomics. The strengths and incentives of the blockchain validator market The incentives for the blockchain validator market are outlined below. The Blockchain market will use a "stakes" consensus model rather than a "Proof of work" consensus model to validate blocks. P Blockchain Marketplace accepts general smart contract transactions and DataGrid smart contract transactions that include one or more trusts. To incentivize the validator to accept trusted transactions, the block producer's reward is increased by a percentage of the number of trusted transactions in a given block out of the total number of block transactions.

What characteristics will DataGrid have?
DGB has features that make it the most advanced crypto platform in the financial world. These features include;

Speed ​​and efficiency of transactions: One feature that makes DGB unique is that it is the first blockchain to introduce a hybrid consensus algorithm. DGB leverages a double-chain consensus algorithm, combining the Proof of Work and Proof of Stake algorithms in its operation. The combination of functions makes the DGB super efficient and reliable, with the characteristics of maximum transaction speeds and the launch of new blocks.

Fragmentation and Scalability: Currently, all blockchains in the crypto space lack transaction scalability. Due to its growth in adoption, long periods of time are required to complete verification of transactions. However, DGB implements sharding to strengthen its scalability. Fragmentation is a technology that divides the database into small partitions called shards, which are operationally independent, so they can provide space to increase the supply of resources on the blockchain.

Execution of Parallel Transactions: DGB institutes a system that allows you to execute multiple transactions simultaneously. Parallel execution of transactions will increase the speed of service delivery.

Maximum security: As an option to complete the payment, DGB is instituting security protocols that ensure that the platform has maximum security against hackers and attackers. DGB instills security that can parallel Bitcoin while providing decentralization and speed. There is a critical system for security that allows private, secure and interoperable networks. It will have wide applications in the provision of industrial Internet, messaging networks, fintech and Dapps. The PoW-PoS system offers even more security by protecting the system from 51% attack cases. By design, DCB will have maximum transparency but still maintain the highest level of integrity for global data storage. The goal is to create an open source, truly distributed and decentralized network leveraging the best principles of the system.

Fulldecentralization:To strengthen blockchain decentralization, DGB uses XBOM. XBOM is an extensible blockchain object model that provides the best infrastructure for faster Dapp development, better market performance, and the generation of a decentralized and scalable network. You can completely control your account. Market transactions are decentralized in the sense that all economic benefits are autonomy and security if they are centered on the participants. A system similar to code inheritance that provides an opportunity for exponential improvement All on-chain executions follow a smart asset approach that encourages privacy, regulatory compliance and better monetary policy.

Prasaga real-time data markets

Prasaga provides a marketplace for exchanging data between IoT device owners and data consumers in a decentralized, frictionless, free and secure manner. The platform allows all entities to build their data market and sell it to data consumers. Unlike other markets that offer older data, the Prasaga marketplace allows entities to provide real-time data. Many smart IoT devices are easy to integrate, providing tremendous data liquidity. It is up to consumers to select their data sources. At Prasaga, there is the ultimate innovation in the social world, especially with real-time data streams. The center of all these markets will be the DataGrid blockchain, and innovators will be able to use DGB with ease.

Token Detail

Token name: DGT
Contract address: 0x17101F0fF8F42Bc1AcF9A85aE0Ec2ee4166A6496
Decimals: 18
Maximum total supply: 53,278,888,889 DGT

This DataGrid Token sale is for erc20 tokens that will be exchanged 1: 1 when the DataGrid Blockchain mainnet is launched. Details of the entire pre-sale can be found at https://www.dgblabs.io, where interested token buyers can start the WhiteList process.

DataGrid Blockchain (DGB) will offer scaling beyond other blockchains, which is achieved through our Extensible Blockchain Object Model (XBOM). XBOM will provide full parallelization by allowing us to store state in accounts and move accounts between shards, so that more nodes are added, performance increases in speed up to the maximum transaction rate allowed by internet bandwidth.

"The DataGrid Blockchain will be as easy to develop as creating a mobile application, allowing for a great user experience found on the blockchain," said Michael Holdmann, Founder and CEO. "DGB will make application development 100 times faster and more manageable."

DataGrid Blockchain designed with efficiently distributed hybrid consensus PoW / PoS will provide the highest resistance to attacks.

"If you have the fastest, easiest to develop and most secure blockchain powered by a stablecoin, wouldn't you expect it to deliver high returns?" asked Jay Moore, co-founder and chief marketing officer.

Team

Conclusion

The DataGrid blockchain is designed to solve several common problems related to the exchange of data between machines. The design goal is to enable secure low latency, high transaction throughput rates, scalability with increased resource availability. and There are various areas of the global economy that will be disrupted by the Datagrid blockchain. Among these sectors include: Identity, Supply Chain and logistics, Decentralized Financial Ecosystem commonly known as "DeFi", Government and RegTech. The platform is expected to offer a better and qualitative life to all by integrating its use and blockchain into human life, making it easier to use for various purposes.

For more information

Website: https://www.prasaga.com/
WhitePaper: https://www.prasaga.com/ecosystem-whitepaper/
Token Presale Page: https://www.dgblabs.io/
Telegram: https://t.me/prasagaofficial
Twitter: https://twitter.com/PrasagaOfficial
FaceBook: https://www.facebook.com/prasagaofficial
LinkedIn: https://www.linkedin.com/company/prasaga

author : thefroly
wallet : 0x0F3100B2Bd2ABB80A49B16E5e234debbFeae2436

#dgblabs #defi #ethereum #blockchain
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