Rangers Protocol: What You Should Understand about the Crypto Platform

If you are interested in a virtual (and digital) world where you can enjoy all the greatest profits and enjoyment, then Rangers Protocol would be an ideal place for you. You can say that it is a virtual (world of) blockchain infrastructure that isn’t only good for your saving, but also for your investment. The platform is able to realize a blockchain group (the high-performance type) with the (cross-chain) contract interoperability, especially among multiple blockchains’ EVM systems. For your information, EVM stands for Ethereum Virtual Machine.

Understanding the Concept

So, what’s so special about EVM, anyway? It is a software platform with blockchain basis that enables developers to create DApps (Decentralized Applications). The technology is appreciated (and also valued) by programmers because they can create objects and make them safe from any modifying attempts. Plus, they don’t have to deal with downtimes either. The EVM is the machine that drives Rangers Protocol to function as a blockchain infrastructure. Thanks to it, the platform is compatible with Ethereum fully, and it can support complex applications and NFTs (Non-Fungible Tokens).

Rangers Protocol is also designed to bridge public chains and blockchain assets, providing versatility and flexibility. Whereas most crypto platforms are exclusive to one environment only, this one isn’t. With better versatility and wider coverage, it is expected that wider adoption of blockchain system can be generated – even boosted. If today crypto platforms and blockchain technology is still exclusive to several people only, hopefully, bigger adoption can be made in the future, where blockchain technology will become a mainstream (and common) use.

About the Protocol

As it was mentioned before, Rangers Protocol is designed as a platform that can integrate EVM, cross-chain, NFT, and also distributed (network) protocols. The platform serves pioneer developers as well as entrepreneurs, where they have the freedom to try cross-chain usage and operation, application development, and also try content creation out within the ecosystem; without being bothered or fussed by permission.

From technical view, the platform consists of two major parts of Rangers Connector and Rangers Engine. The engine, as you can guess, would be the core part of the platform. The high performance chain is highly scalable, and it would be responsible for supporting complex applications. It consists various complex mechanism and consensus, such as the VRF+BLS (with RPOS-based) consensus mechanism, the NFT protocol (containing NFT life cycle’s historical data), the REVM (which is a virtual machine that is compatible with EVM), the node module (whose function is block generation), and storage module (for data and assets storage).

Meanwhile, the Connector has the function to complete interconnection between this platform with other public chains. Its main function is to provide interoperability (the cross-chain) services for users and developers. It consists of modules (for cross-chain transactions), full nodes of both target and origin chain (for trusted data service provision), and also a consensus mechanism (which is based on TSS+VRF).

The Token Economy

A platform would be useless without the native token. In the meanwhile, token economy should have values for the users. Every user must feel that the token is valuable and the platform has its worth and significance. It will encourage them to boost productivity, including in saving and investment. That’s why the platform has the so-called Transparency Principle as well as Protocol Principle.

In Protocol Principle, the (excellent) economic system depends on the economic incentives and protocol behavior, instead of the excessively long procedures and the coercive measures. In Transparency Principle, the platform believes that a system is able to have its own centralized design, but it should eliminate the black box as much as it can.

The Token Circulation

In this platform, token would be used (and circulated) among ecological nodes, investors, developers, and users. Ranger Protocol is connected to major (other) platforms, encouraging developers to create, distribute, develop, and operate their DApps based on Rangers Protocol. Moreover, the platform has created and planned token buying and staking mechanism. It means that developers must buy and then stake tokens if they want to use the platform. When users want to use the apps (which are deployed) on this platform, they must also buy the tokens and consume them. With such a scenario, ecosystem expansion would be made possible. It also enables the token to increase (and grow) in value. The more token holders are active, the more ecological nodes would be generated, making it possible to create a virtuous (economic) cycle.

Final Words

Be advised that this may not be a platform for everyone. You should bear in mind that each crypto platform has a unique characteristics in them. It makes each of them special for different users. If you are interested in this platform, make sure that you have done your own extensive and thorough research, so you really understand the concept. If your purpose is to invest in Rangers Protocol, you don’t want to regret the decision later on.

Website: https://rangersprotocol.com/
Whitepaper: https://www.rangersprotocol.com/pdf/RangersProtocolWhitepaper.pdf

Social Media:

Twitter: https://twitter.com/rangersprotocol
Facebook: https://www.facebook.com/Rangers.Protocol
Medium: https://medium.com/rangersprotocol
Telegram Channel: https://t.me/RangersProtocolAnnouncement
Telegram Group: https://t.me/RangersProtocol
Discord: https://discord.gg/2VtwvqDKUF
GitBook: https://rangersprotocol.gitbook.io/rangersprotocol/

Posted by kurniawan05
Profile Link: https://bitcointalk.org/index.php?action=profile%3Bu%3D1187741
BEP20 address: 0x3946bc29197BF793CB796243109b39b019c3fC00