#点个关注↗️不迷路 $REI
The full English name of REI coin is REl Network. In fact, this REl
Network is an EVM compatible with Ethereum. It is a network that is very friendly to supporting enterprises and developers. It is a lightweight and free new application-level public chain. REl
Network has the characteristics of enhanced lightweight and free, and it can be infinitely extended to become an innovative public chain. REl
Network is committed to solving the collective dilemmas faced by current public chains. It also provides complete solutions for the transformation of public chains and the new paradigm of cross-chains. Many investors want to know in detail what REI currency is? Let Xiaodie take you through an article to understand REI currency.
The full English name of REI coin is REI Network
The brand name of REI Public Trust Chain stems from its historical mission since its establishment in 2017 - to build a value network for trusted data - and the updated Public Trust Chain has a broader scope. To this end, it is EVM compatible, introduces significant reduction modules, creates a free development platform, and will also have a new brand name - REI Network.
REI Network (REI) is derived from the replacement and increment of GXChain (GXC) mainnet currency. The conversion of the mainnet native currency GXC to REI will follow the 1:10 split rule. The maximum supply of REI is 1 billion.
REI Network test network (formerly GXChain 2.0) has been launched. After more than 6 months of stable operation, Public Trust Chain launched a comprehensive transformation proposal to the community in December. Block height 46630793 was approved, and Public Trust Chain 2.0 was officially renamed REINetwork.
KING
Network is GXChain
Compared with the new EVM-compatible public chain, 2.0 is development-friendly, lightweight, and free, and can fully support the development of dApps on various chains such as DeFiGamefi and Metaverse. In addition, REl Network will build a new economic model through token splitting, establishing ecological funds, adding new governance functions, etc., establish community consensus, and fundamentally capture the value of REI. In short, REl
Network mainnet will bring new consensus, token economics, governance and ecosystem. There is no doubt that this mainnet is a landmark event since the birth of the REI Network (formerly GXChain) in 2016. Click on the main leaf to follow the public account: Bifangshe, free skirt ban.
Technical characteristics of REI network
Features of REI Coin
Completely decentralized: REI coin is built based on blockchain technology and adopts a decentralized operation method. This means that there is no central agency or central bank that controls the issuance and trading of REI coins, making them immune to government intervention and manipulation.
Transparency and security: REI coin transaction records are saved on the blockchain, which ensures the transparency and security of transactions. Every transaction is verified and recorded in an immutable block, making REI coin transaction information publicly viewable, thereby increasing transparency and preventing potential fraud.
Real Estate Investment Opportunities: The goal of REI Coin is to provide investors with real estate investment opportunities. By holding REI coins, investors can obtain the rights to participate in various real estate projects. This model helps to break the various restrictions faced by traditional real estate investment, allowing more people to participate in the real estate market.
Global transactions: Due to the existence of REI coins, investors can realize global real estate investment through blockchain technology. REI coins have fast transmission speeds, low fees, and can be traded around the world, making it easy for investors to make cross-border real estate investments.
The potential value of REI coins
REl Network is undertaking a blockchain architecture reconstruction project from the ground up. The project takes a more standardized and lightweight approach by being completely refactored using node.js to meet the needs of fast cross-platform installation and use. At the same time, REl Network maintains compatibility with the Ethereum Virtual Machine (EVM) and Ethereum RPC, allowing dApps to be migrated seamlessly. In terms of consensus mechanism, REl
Network is upgrading from POA (Proof of Stake) to DPoS+BFT (Delegated Proof of Stake + Byzantine Fault Tolerance) to improve efficiency, decentralization, and eco-friendliness. On-chain governance is crucial to the development of public chains, so REl
Network needs leading representatives in the global community, that is, nodes of REl Network. REl
Network announced the node election plan. Candidate nodes need to pledge 100,000 REL, and users will ultimately vote to select 21 REI network nodes. These nodes will participate in on-chain governance and node rewards. In the future, REI Network's mainnet upgrade will include consensus mechanism and EVM compatibility upgrades, as well as the introduction of node election functions. In order to ensure the security and adaptability of the network, the REI developer community has launched a Bug Bounty Program, inviting global developers to review and test the mainnet code, smart contracts and on-chain applications. According to REl Network’s roadmap, REI V1.0 is just the beginning, and more features will be launched in the future.
Once the REI mainnet is online and running for a period of time, the development team will upgrade the nodes and introduce the Freestake smart contract module, where users can stake REI tokens to obtain Free Gas. The new on-chain governance module will allow each currency holder to directly participate in voting, unlike the existing voting model of board and node members. Conclusion REI coin is a digital currency related to real estate investment and has great potential and advantages.
Its decentralized features and application of blockchain technology make real estate investment more transparent, secure and global. The emergence of REI coins provides investors with more investment opportunities and flexibility, helping to increase the overall return on investment. With the continuous development of blockchain technology and the expansion of the digital currency market, REI coins are expected to become an important player in the field of real estate investment.
REI currency, as a digital currency related to the real estate market, has considerable potential value.
Providing Liquidity: Traditional real estate investments often take a long time to realize the flow of funds. However, with REI Coin, investors can convert their investments into cash within a short period of time. This provides investors with greater flexibility and liquidity.
Diversification of risks: The existence of REI coins enables investors to spread their funds across multiple real estate projects. In this way, even if there is a problem with a certain project, investors' risks can be diversified, reducing the overall investment risk.
Make full use of blockchain technology: The adoption of REI coins makes transactions more efficient, transparent and secure. The use of blockchain technology can reduce the involvement of intermediaries, reduce transaction costs, increase transaction speed, and increase the transparency of information preservation and verification.
Attract more investors: Traditional real estate investments often have certain thresholds for investment amounts. However, through REI coins, more people can participate in the real estate market with small amounts of money, expanding the potential investor base.
