PROTON: the third generational blockchain with zero gas fees.
Did I just say only zero gas fees? Well, that’s just a tip of the iceberg.
Globally, the tech industry and finance experienced a new era in the evolution of blockchain. Starting from the first generation of blockchain which is the bitcoin blockchain. Here users can spend some time waiting on a transaction to complete, including the use of fees which makes it rarely unaffordable thus not universal.
The second generation of blockchain which is Ethereum also known as the world’s programmable blockchain; capable of processing more than just transactions, it can actually run program and applications that everyone can use and no one can take down. Though this is limited to just 15 transactions per second with fees as high as $200 per transaction/service.
Awful right? Don’t worry, Proton solves all that.
A deep down to the zero gas fee, third generation blockchain: PROTON(XPR).
Proton (XPR) emerges as the latest public blockchain with a smart contract enabled platform built around consumer applications i.e No barrier for developers and at same time accommodate many actions, with excellent peer-peer payments.
PROTON presents a verified Financial settlement layer.
With Proton, consumers can pull funds from wherever, and buy crypto, as it is built on a secured identity layer that enables users to directly link their real identity and fiat accounts, pull funds and buy crypto and use the crypto consistently in apps with relief. All of this happens, without exposing any of the user’s private or delicate information.
How does Proton claim to achieve this?
Simply, by removing the idea of sharing private keys directly with merchants. Users are self assured of their private keys, while granting permission to protocols that wish to authenticate the user. This verification process confirms the proton user’s identity, without releasing the user’s keys. Hence, there’s no need for a permission-less layer that exists on top of the traditional card system and bank networks.
Proton bridging the gap between fiat and crypto.
In an aim to achieve consistent buying, using and swapping of cryptocurrencies, Proton is bringing Fintech to your crypto wallets, no need for bank accounts.
With Proton no need to give out your credit or private information ever again, as it is a wallet to store all your crypto and your fiat, Indeed this is the future.
Proton Naming Service(PNS): a decentralised naming service for financial institutions at large.
Just as Ethereum created a decentralized naming service, which serves as a foundational layer for web3, proton community members are already everywhere displaying their proton names with a “.xpr” domain, just like “.eth’.
Unlike the case of Ethereum, Proton domains can serve as a payment structure for every other blockchain and token, including NFTS.
Do you know that, Proton domains allow payment and transfer of fiat and digital assets between banks and financial institutions? I told you all PROTON is the future!!!
Proton as the future of free and fair franchise.
With several years of Blockchain technology adoption and use cases, it has claimed to be a reliable means for a free and fair election. However, most blockchain projects neglect this massive use case which can equally shape the future of the economy by creating an easy, free and fair franchise process. Good news, proton embraces this concept, with a perfect example of how this can work.
With Proton blockchain, users can easily cast their votes from home or any convenient place of the moment and votes can be received and their choice counted instantly. During this whole instant process, the blockchain simultaneously verifies that no user votes twice, no fraud or ballot-stuffing.
Learn more about this here.
Here’s a video showing this easy steps with Proton:
More progress has been happening on the platform, you can keep updated here.
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