![]() The token, slated to launch via partner DEX, ArcherSwap, on March 24 will be a community-focused Meme token that forms part of the expanding Core DAO ecosystem. ![]() The official token of the Ignore Fud project is “4”. Additionally, investors gain exposure to a vast and robust user community from across the globe. Ignore Fud boasts a community-centric meme ecosystem and a distinctive hold-to-earn feature, which enables investors to earn rewards by holding its native token “4 Token”. Its objective is to facilitate the onboarding of more cryptocurrency users into Core DAO and the wider crypto industry. Ignore Fud is a novel meme token on the Core chain that supports decentralized finance and blockchain innovations. More information is available on the official Redlight Finance website and on the $REDLC whitepaper. On top of this, with no gas fee on transactions, Redlight Finance believes this will allow traditional businesses that require large databases of private information (e.g., hospitals, financial institutions) to transition into web3 securely.Ĭheck and test the $REDLC gasless Blockchain on Testnet Redlight Scan. The gasless Blockchain they have developed allows users to provide a use case for the traditional cryptocurrency investor by integrating smart contracts. They aim to achieve this mission via their fully gasless Blockchain. Redlight Finance is a technology company aiming to provide a full crypto platform that acts as a bridge between the real world and web3 through blockchain technology. The Pocket System can automatically recognize network attacks and reroute them to a separate pocket to be validated without affecting the rest of the network. The Pocket System is an intelligent queuing mechanism that allows the split of transactions to alleviate congestion. Moreover, $REDLC is introducing the Pocket System. $REDLC employs these elements by keeping a dedicated security team on hand to monitor network and server activity. Instead of needing to stake monetary value, the "identity" of a validator replaces this and serves as a stake.īesides security - upgradability and flexibility are critical factors for any technology to maintain maximum security. $REDLC is categorized as POA, a more advanced form of POS. Most EVM-1 compatible Blockchains operate in this manner using various methods such as Proof of Work (POW), Proof of Stake (POS), and Proof of Authority (POA). Also, $REDLC is fully gasless, not 0.000001, not staking a coin to get another token to use for gas, but truly gasless as in 0.ĭecentralization on $REDLC is achieved through validators (nodes) governing the information on the Blockchain rather than a centralized entity controlling it. For this, $REDLC allows the Blockchain to be integrated into industries that rely on passing or using information from one point to another transaction.īeing a gasless Blockchain will enable us to target industries that may otherwise never have given Blockchain Integration a second thought. Scalability refers to the Blockchain maintaining its transaction/block speeds & output while growing and expanding in users/industries. The project takes this issue as its primary purpose, in addition to its mission to develop an EVM-compatible blockchain that targets scalability, decentralization, and security. $REDLC wants to solve traditional Blockchains' problems because most real-world industries/companies do not want to pay gas to perform transactions. The platform also showcases the proper abilities and benefits of Smart Contracts and NFTs. It is also an ecosystem that opens the world of crypto to anyone and everyone wanting to find a secure, decentralized, and scalable solution to their problem. Redlight Chain is a Layer 1 EVM (Ethereum Virtual Machine) compatible Blockchain ND, introducing revolutionary changes to the traditional EVM-compatible blockchains. ![]() About $REDLC and the Gasless Blockchain ![]()
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