Problem solving is one of the most common features of any top tier cryptocurrency. Cryptocurrencies with this property can disrupt the cryptocurrency market. From Bitcoin (BTC) to Ethereum (ETH) and from Binance Coin (BNB) to Ripple (XRP), each of these giant cryptocurrencies ranks high in problem-solving capabilities. Logarithmic finance (LOG) Is a recently launched cryptocurrency aimed at overturning the crypto world. It has all the features that will eventually become the next big thing in the crypto market.
Logarithmic finance (LOG)
Logarithmic Finance (LOG) aims for the next generation of decentralized financial and trading protocols, enabling seamless connectivity and interaction between early blockchain innovators and investors. Raising funds in a decentralized world has always been seen as a daunting task, and some models designed for this purpose have been criticized for flaws. These disadvantages include the high cost of time to market, lack of financial security, and low-budget innovators.
Taking advantage of these shortcomings, Logarithmic Finance (LOG) delved into this market and addressed the issues that existed at both ends. It proposes the idea of a liquidity pool that fills the gap and acts as a bridge. This idea of liquidity pools enhances the purchasing power of innovators seeking first market access across open blockchain networks. The basic idea behind the creation of this cryptocurrency is the true wonder of interactive communities, the development of advanced features for project innovators and liquidity providers, and DeFi innovation at a secure and scalable cost. Dive deeper into that attribute to identify its true potential and see if you can compete with the crypto industry giants.
Full homomorphic encryption
The goal is to provide strong security for the switching mechanism available to the end user through full homomorphic encryption, eliminating the need to decrypt packets while the computational process is taking place behind the scenes. The possibility can be understood from the fact that fully homomorphic encryption allows arbitrary computation of encrypted data.
On-chain data
In addition to waterfall project management, DevOps best practices, and implementation of fully homomorphic encryption, the platform collects feedback on on-chain data from time to time. Logarithmic Finance (LOG) is critical because it helps engineering and UI / UX design teams make the necessary changes to the interface and other features to provide a seamless experience for users on the platform.
Multi-chain
Logarithmic Finance (LOG) is becoming a fully decentralized Layer 3 exchange protocol. In this regard, it is important to combine interoperability between heterogeneous blockchains with interchain communication. Due to this complex implementation, these integrations must be performed in a multi-step deployment before replacing the pseudo-centralized bridge with a fully distributed consensus mechanism.
Cross chain
Cross-chain integration facilitates multiple use cases and expands the reach of innovators and investors on the platform. For example, innovators will be able to auction Ethereum (ETH) tokens to the NEO network to take advantage of low transaction fees and scalability. In addition, cross-chain integration also supports P2P transactions between different blockchains.
Cheap gas charges
Its experienced development team followed a minimal approach, including a clean modular code structure, to design the platform’s robust code architecture. In addition, the platform ensures that only critical data is pinned to the blockchain, optimizing the resources deployed. By combining all these practices, you can balance all transactions that take place in journal finance and reduce gas charges.
NFT integration
Introduced NFT auction function to the platform dedicated to LOG token owners. Various cryptocurrencies or stable coins can be exchanged for irreplaceable tokens by project innovators. After the deployment of cross-chain integration is complete, more stable coins and networks will be introduced, ultimately improving the NFT exchange experience.
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