The pioneer of EMIT ecology: EMIT CROSS
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"EMIT CROSS" is not one of the three major EMIT systems, but CROSS has played a vital role in the development of the EMIT ecosystem, and the fact that it is called a pioneer reflects the irreplaceable role CROSS plays in the EMIT ecosystem.
What makes CROSS different from the "EMIT Core Protocol Network", "EPOCH Ecosystem" and "GDP Financial Market", and what makes it an essential part of the EMIT ecosystem?
In the EMIT decentralized world, all kinds of encrypted blockchain assets will be the cornerstone of the EPOCH ecosystem, so Cross is a basic capability of the EMIT Core Protocol and a driving force of EPOCH.
According to "The EMIT Parchment Paper" plan, the EMIT Core Protocol will be officially launched during the Clan Period.
Although the EMIT Core protocol itself has the features of Cross and Oracle, the EPOCH ecosystem will start in the Chaotic Period. The ecosystem at this stage requires support from the cross-chain function.
Thus, we will first build a decentralized cross-chain protocol as required for the EPOCH ecosystem, named Cross. In this chapter, we will choose the most reasonable technical solution for Cross, which will migrate to the EMIT Core Protocol after its completion.
So it makes sense and is inevitable that CROSS will be the first to be released.
To learn more about EMIT, to become a "Founder" of the EMIT world, and to create real wealth in the virtual world, please contact:
Email: foundation@emit.technology
Telegram: https://t.me/EMITCommunityYou can get more information through the following channels.
Official Site: https://emit.technology
Parchment Paper: https://emit.technology/doc/parchment_v3_en.pdf
White Paper: https://emit.technology/doc/whitepaper_v1_en.pdf -
UPGRADE BLOCKCHAIN INFRASTRUCTURE
Emit is an amazing new idea. Blockchain, since its first appearance in 2009 by Satoshi Nakamoto, has made major changes to the world economic system. Therefore, since the emergence of Bitcoin, today it has been followed by the birth of many crypto assets that are traded globally, without the boundaries of ethnicity, nation and state. all have the right to own and store crypto assets in their own wallets. However, technology is always evolving. The current blockchain needs to be upgraded, especially with the entry of the DeFi phase which demands cross-chain, fast, and low-cost transactions. Ethereum has become a very popular blockchain platform, but it is currently constrained by increasing gas costs, as well as very high computing power. therefore, I believe and believe EMIT is the solution for the global economy of the future.
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Thank you for the summary, hope to pay more attention to E.M.I.T .
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As a complet decentralized world, the material base of EMIT is a contiouously developing
information system on three different levels constructed by "Electronical Material Information
Technology". In the EMIT’s decentralized world, the economic structure and cycle transcend
those in the real world. -
@triadji thanks
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@luca The EMIT Core Network is a consensus
network comprised of decentralized nodes, and it
is the infrastructure that supports the operation
of the entire EMIT system. It has the
characteristics of the cutting-edge blockchain
network, including: consensus protocols that
naturally support sharding and cross-chain,
infinitely scalable TPS, convenience in developing
complex decentralized applications, low-cost
application deployment and operation, supporting complex asset structure, privacy protection and
confidential transactions, and no native fungible tokens. -
@dindaayu thanks
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I highly recommend the EMIT project because the security system they offer will be very interesting and amazing if this project can be successful
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In my opinion, this is a very unique project because it creates a token and web with a thread like Bitcointalk , if this project goes well, I am sure that this project will become a trend as well as a pioneer for other projects to create bold innovations
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@luca EMITdevelopment of the decentralized world economy wil inevitably be faced wit the above-
mentioned limitations. How t break through
these limitations? EMIT believes that this
mainly depends on two aspects: firstly
improving the infrastructure capabilit and
secondly improving the diversification of
economic behaviors of the decentralized world.
The former is the physical support for the
latter, and the latter is a prerequisit t build
a decentralized world economy wit value
support.Nice and great for emit
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@luca this is the next future in the blockchain , low fees security auditable , have their own wallet.
it is highly recommended to make it in the future -
EMIT is Decentralized World
As a complete decentralized world, the material base of EMIT is a contiouously developing information system on three different levels constructed by "Electronical Material Information Technology". In the EMIT's decentralized world, the economic structure and cycle transcend those in the real worldNext future blockchain
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@luca EMIT is a new emerged concept, but it contains some key technologies from the web2.0 era until now, as well as innovations and converges on these technologies, including some key technological innovations in centralized information technology and decentralized information technology.
new breakthrough! -
@luca There are three major systems in the architecture of EMIT, namely, "EMIT Protocol Network", "EPOCH Ecosystem" and "GDP financial market", one of which is the basis for the other.
Emit is the best
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EPOCH is a decentralized ecosystem cluster, composed of components of various scales and dimensions. The initial ecosystem is provided by EMIT Foundation, which will also cultivate and popularize the community to initiate ecosystem projects
and in EMIT you will be able to feel the ecosystem of epoch -
@luca with EMIT Used as an asset maintain and stabilize the decentralized world, it is
issued by decentralization and is generally a native token of a certain blockchain network. The
pursuit of the value of such assets can maintain and stabilize the decentralized world. Generally, -
EMIT believes that this
mainly depends on two aspects: firstly
improving the infrastructure capabilit and
secondly improving the diversification of
economic behaviors of the decentralized world.
The former is the physical support for the
latter, and the latter is a prerequisit t build
a decentralized world economy wit value
support. -
@luca EMIT provides the "GDP Financial Marketplace". As the most crucial decentralized
application of EPOCH, which wil serve as the hub for the diversified assets and economic
behaviors in the EPOCH ecosystem. By virtue of the diversit of EPOCH ecological cluster, the
GDP financial marketplace can remedy the lack of credit mechanism in the decentralized world
and wil no longer be limited t simple financial behaviors including arbitrage, risk aversion,
investment and excess lending. Similar t the central bank of the decentralized world, GDP
financial marketplace wil allocat resources t the decentralized world wit high efficiency and
coordinating conflicts between various ecosystems. -
@luca EMIT A reasonably developed decentralized ecosystem should be complex and abundant, and
Ethereum's smart contract mechanism is a pioneer in this goal. However, limited by the high
costs of storage and computing resources and other problems such as computing complexity, it wil
be difficult for virtual machines integrated inside native consensus t satisf the extremely
complicated demand for decentralization, and various kinds of loopholes occur easily, so it is not
suitable t build an extremely complex ecology. Then, another technological solution is inevitably
required t resolve this problem. To achieve this objective, Cosmos and Polkadot have done a lot of
explorations, and they resorted t blockchain applications t resolve this problem. However, the
development and operation threshold for application sub-chains is not a low barrier. -
One of the advantages of EMIT is that it uses a relatively low fee for transfers to fellow EUSDT, this makes users more comfortable in making transactions because besides getting convenience, They get security too
