What is Entangle?
Entangle is a digital currency built on blockchain technology that utilizes a Proof of Stake consensus mechanism and smart contract functionality. It is engineered to deliver secure, fast, and low-cost transactions in a decentralized environment. The project is designed to empower developers and users with a reliable and efficient network for modern decentralized applications.
Entangle goals
The primary aim of Entangle is to overcome the limitations found in traditional blockchain systems by addressing issues such as scalability, security, and high transaction costs. It seeks to offer an energy-efficient platform that enhances transaction speeds and reduces fees. Additionally, Entangle is intended to support a range of use cases, including decentralized finance, cross-chain interoperability, and automated smart contract execution.
Entangle fondamentals
Entangle operates under a structured tokenomics model where the total supply of tokens is 843000000000 NTGL and the market capitalization is valued at $271075431. The design of the tokenomics is focused on securing the network and incentivizing active participation. The native token is pivotal for staking, transaction fees, and governance, reinforcing the overall health of the ecosystem.
Marketcap
$0.27107543B
Total number of Entangle
843000000000 NTGL
Entangle technology
Entangle's technology is founded on a blockchain framework that initially leverages the Ethereum platform while also expanding into its own proprietary layer1 blockchain built using modern frameworks. Its technology employs a Proof of Stake consensus mechanism to ensure security and efficiency, complemented by smart contracts and in-house oracle solutions. This multifaceted approach not only enhances transaction speed and reduces costs but also promotes interoperability across diverse blockchain networks.
Entangle competitors
Entangle differentiates itself by integrating advanced features such as smart contracts, distributed oracle solutions, and interoperability protocols that allow seamless communication with both EVM and non-EVM networks. Its efficient Proof of Stake mechanism and energy-friendly operations give it a competitive edge over traditional Proof of Work systems. The project's focus on developer-friendly tools and scalable transaction frameworks also positions it favorably against other blockchain initiatives in a crowded market.
Entangle price history
Frequently asked questions
Entangle is unique because it combines a secure Proof of Stake protocol with sophisticated smart contract technology to offer fast and cost-efficient transactions. Its architecture is designed to foster interoperability across various blockchain ecosystems. This integration of advanced technologies positions Entangle as a promising platform for a wide range of decentralized applications.
Security within Entangle is maintained through robust encryption methods and a rigorous Proof of Stake consensus mechanism. The integration of smart contracts and distributed oracle solutions further bolsters its security framework. Together, these measures ensure that transactions on the network remain secure, reliable, and resistant to potential breaches.
The native token is central to the functioning of the Entangle ecosystem, serving as the medium for transaction fees, staking, and participation in governance. It incentivizes network security by rewarding participants for their contributions to maintaining the system. Additionally, the token supports revenue sharing and other ecosystem functions that drive long-term growth and stability.
Entangle’s technology is versatile, supporting various decentralized applications such as decentralized finance, cross-chain asset transfers, and automated smart contract operations. Its infrastructure is built to enable seamless communication between different blockchain networks, enhancing liquidity and interoperability. This flexibility paves the way for innovative applications in sectors like finance, supply chain management, and digital identity.
The tokenomics of Entangle are structured around a fixed total supply of 843000000000 NTGL tokens and a market capitalization valued at $271075431. The token design is focused on supporting network security and incentivizing user participation. This structure underpins essential functions such as staking, transaction fee payments, and governance within the ecosystem.
Entangle facilitates interoperability by integrating a universal communication protocol that bridges both EVM and non-EVM blockchain networks. Its architecture includes a dedicated layer1 blockchain alongside its deployment on Ethereum, ensuring efficient cross-chain communication. This design enhances liquidity management and provides a robust foundation for diverse decentralized applications across multiple platforms.
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