NEC (New Era) is a Layer-2 on-chain aggregator based on the core concept of Ethereum expansion, which does not affect decentralization and utilizes the existing developer community and ecosystem.
what is NEC
NEC is committed to building a modular, universal, and highly flexible expansion framework for Ethereum. Its core component is the SDK, a modular and flexible development framework that supports the construction and connection of two mainstream expansion paths: Secured chains, the second-layer chain, which can rely on the security of the Ethereum network without having to establish its own verification mechanism. In addition to the currently completed main chain, other Layer 2 expansion solutions will be supported in the future, such as Optimistic Rollups, zk Rollups, Validium, etc. This will make NEC truly become a Layer 2 aggregator on the Ethereum chain.
NEC proposes a decentralized, configurable two-layer on-demand side chain network that provides storage functions and supports high-throughput, low-cost, and low-latency transactions. This system provides a subscription-based decentralized network for the configuration and deployment of a Byzantine fault-tolerant side chain with high throughput, compatibility with the Ethereum virtual machine, storage support, and provable security. The sidechain of each equity proof is highly configurable and consists of nodes that pledge NEC tokens on the Ethereum mainnet. At the same time, its consensus mechanism utilizes the asynchronous Byzantine fault-tolerant protocol.
Ours Services
Based on the consensus mechanism of proof of rights and interests, making it a blockchain network with extremely fast processing speed; with strong scalability, it can shorten the network congestion time ~ 5S ADN 1,0000 + TPS; support WEB3 types Technology can increase its throughput rate.
It is fully compatible with Ethereum's web3js interface API. This means that the website or service interacts with the Ethereum network. Web3 tries to empower users and regain the value they create. Fully compatible with EVM, DAO and smart contracts, it provides developers with comprehensive options to experiment and build clear distributed applications. One-click DApp migration tools can exchange and utilize information extensively in the ecosystem.
In NEC's network, end users are also provided with the option of participating and passively earning considerable income. ETL pledge shows just such a feature, it allows users to pledge tokens and get rewards to maintain the stability of the NEC network, NEC provides users with APY (Year Return) as high as 18%.
In the wallet application planned by NEC, it can provide good services for those who want to easily hold, send or receive funds. It can easily connect to hardware wallets and provide a seamless experience.
applications
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Use NEC to make payments quickly and efficiently. With EtherLite, sending money can become fast, cheap and easy. Peer-to-peer (P2P) payment blockchain can replace the current expensive, slow, bank-driven process.
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NFT is a unique, non-fungible asset cast on the chain. NFT is creating interesting use cases in the fields of digital art, collectibles, ticketing, games, digital ownership and more. Each NFT has its own unique attributes that are trackable and immutable.
On-chain voting and management of decentralized autonomous organizations. EtherLite, which reached a consensus with POSDAO, is a type of DAO. The verifier is a distributed autonomous group that provides benefits and obtains benefits based on the benefits of participation. DeFi projects can use the platform to run DAO governance mechanisms, such as proposal and voting systems, community fund collection, etc.
Token
plan
Support solidity language and compiler
Develop an asset cross-chain bridge based on the second layer of the Ethereum protocol. Developers can use New Era to make a seamless cross-chain experience as part of their dApp.
① Fast entry and exit between Ethereum and L2 system;
② L2-L2 exchange, completely bypassing Ethereum;
③ Arbitrage between defi applications on different chains;
④ Build a cross-chain DEX aggregator;
⑤ More general cross-chain smart contract calls.
The New Era cross-chain protocol simplifies the handling of fees, and users can transfer money without holding a specific token.
Decentralized NFT streaming media platform is online, supporting NFT transactions
Go online on mainstream exchanges and start public trading
Start pos mining
Deploying Spacefold, a real-time cross-chain communication function compatible with the second layer of Ethereum, can be "folded" to the second layer of Ethereum solutions xDai, Optimism, Matic, SKALE and Arbitrum.
The New Era cross-chain wallet is online, through state channel technology, allowing assets to be freely transferred between Ethereum's second-tier network (including zkRollup) and ETH 2 shards, or even other public chains (compatible with EVM), without waiting for comparison. Long exit time.
