YGGDRASH is a trust-based multi-dimensional blockchains (branches) platform, built to connect everything and any blockchain networks.. YGGDRASH ICO rating – not rated.
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Ended ICO : 12/03/18 – 23/03/18
About YGGDRASH ICO (token sale)
YGGDRASH acknowledges such difference in thinking and is pursuing a platform which will enable different methods to solve these issues together.
The ideology of blockchain has changed. There are still difficulties in how each blockchain project resolves issues and problems in reality. Users who use the network are concentrated on one blockchain, so all transaction data is concentrated in one block, causing negative effects on applications in the real world. This might cause another centralization of the decentralized information of networks, showing the limits of blockchain performance. If too many people try to register in a block at the same time, a bottleneck will occur which is an essential task for the P2P network to tackle, no matter how fast the speed of a blockchain connection is made.
Many blockchain projects are still trying to resolve these problems. The YGGDRASH ICO project will contribute to solve them and subsequently make the blockchain ecosystem much healthier. Our future will become more complex, and more transaction and data will be created. As it has been and always will be, the data management is one of the most important factors.
YGGDRASH ICO will develop a DPOA (Delegated Proof of Authority), a self-consensus algorithm, to ensure faster performance than any other consensus algorithm by selecting the node with the highest reputation score as a representative through the reputation evaluation chain. You might have a question on the delegated representative. This node is verified through a high reputation score from the Reputation Evaluation Chain through its activity to benefit and to contribute to the blockchain network. Since YGGDRASH is a multidimensional structure separating the Stem Chain from the Currency Chain, any direct financial incentive is not awarded to the representative. The block validation in YGGDRASH creates blocks according to a specified algorithm (Round Robin method or Time Series method, etc.), and block creation takes 10 seconds.
YGGDRASH is designed to provide economic incentives to all participants in the blockchain ecosystem. It aims to create a transparent, fair, and reasonable blockchain ecosystem for all network participants, rather than to create a monopoly environment through someone with wealth and power.