NUGENESIS AND NUCOIN
After a long period of research and development, NuGenesis introduced its native blockchain on 1st July 2021. NuGenesis aims to provide a completely new future for blockchain communities.
NuGenesis is a decentralized blockchain system that incorporates artificial intelligence.
The main objective behind the development of NuGenesis is to develop a system that can break the barriers in the adoption of the cryptocurrency ecosystem globally. It also addresses the limitations associated with blockchain technology. Some features and innovations of the NuGenesis network are briefly discussed below.
The quad cross chain configuration of the NuGenesis network is composed of the Ledger X, the main NuGenesis blockchain, the bitcoin chain, and the Ethereum chain. This cross-chain network maximizes efficacy for social and commercial applications. Since there is no limit on the number of chains that can be crossed, parallel processing is the main feature that creates a directly proportional relationship between the number of users and transaction speed.
Since there is no middleman involved in transactions, all information is in the hands of the user. Users can sell their services without any fear of scams. The main advantage is avoiding middlemen costs, without the leakage that currently is drained by exchange costs and liquidity pools. Implementing “zero knowledge proof” has maximized data privacy and made offline processing possible through satellite technology.