Reef will host an AMA at X on January 15th
Reef, in collaboration with The Dapp List, will host a Q&A session at X on January 15th at 14:00 UTC. The discussion will focus on developing the Reef ecosystem in collaboration with The Dapp List.
You can find more detailed information in the official REEF tweet
Reef is a layer 1 blockchain built on Parity's Substrate technology. Launched in 2019 by Denko Mancheski, it was originally developed as a platform for decentralized financial services (DeFi) but has since evolved into a full-fledged blockchain network.
To confirm the validity of transaction blocks, the Reef network uses the Nominated Proof of Stake (NPoS) protocol. Validators and nominators who stake their REEF tokens work together to create and validate new blocks. After successful block validation, the reward is distributed between the validator and nominators. The entire network and its modernization are controlled by a technical council selected through the Proof of Commitment (PoC) consensus mechanism.
