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💥What is INIT token? Layer 1 on Cosmos Initia
🎊 Initia is a new generation project focusing on implementing a highly interactive modular rollups system on Cosmos. Initia marks the first integration of the Move smart contract language compatible with Cosmos' IBC (Inter-Blockchain Communication) protocol.
⏰Initia promises to open a new space for developers to build Dapps and blockchain ecosystems on Cosmos. The project successfully raised 7.5 million USD.
x The project announces the deployment of Initia's Public Testnet for the community to experience the platform's features. Initia's testnet is an eight-week adventure before the mainnet launch later in the year.
🎉 Initia is built focusing on the modular blockchain model with advantages such as:
✔️Enhanced execution ability
✔️Ensure data availability and security
✔️Maintain security and decentralization
✔️Easy to expand the ecosystem
☀️Some key products the project is developing include:
🔝Minitia: Layer 2 of Initia.
🔝Omnitia Shared Security: Secure and scale Minitia through fraud proof verification system Omnitia Shared Security.
🔝Ultra Performance: Block time at 500ms and transaction capacity of more than 10,000 TPS, increasing the power of applications.
🔝Multi-VM: Apply supported virtual machines such as Move, Solidity, CosmWasm to create an operating environment for smart contracts.
#Coinbay#INIT #Initia
🎊 Initia is a new generation project focusing on implementing a highly interactive modular rollups system on Cosmos. Initia marks the first integration of the Move smart contract language compatible with Cosmos' IBC (Inter-Blockchain Communication) protocol.
⏰Initia promises to open a new space for developers to build Dapps and blockchain ecosystems on Cosmos. The project successfully raised 7.5 million USD.
x The project announces the deployment of Initia's Public Testnet for the community to experience the platform's features. Initia's testnet is an eight-week adventure before the mainnet launch later in the year.
🎉 Initia is built focusing on the modular blockchain model with advantages such as:
✔️Enhanced execution ability
✔️Ensure data availability and security
✔️Maintain security and decentralization
✔️Easy to expand the ecosystem
☀️Some key products the project is developing include:
🔝Minitia: Layer 2 of Initia.
🔝Omnitia Shared Security: Secure and scale Minitia through fraud proof verification system Omnitia Shared Security.
🔝Ultra Performance: Block time at 500ms and transaction capacity of more than 10,000 TPS, increasing the power of applications.
🔝Multi-VM: Apply supported virtual machines such as Move, Solidity, CosmWasm to create an operating environment for smart contracts.
#Coinbay#INIT #Initia
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