Re: [ANN] Totem - platform for trading of DeFi and derivatives
Hello. 👋🏻 In this post, we will describe the Totem Network distinctive features and advantages.
✔️ Heterogeneity - Each chain in the Totem Network can be optimized for a particular scene rather than mandatorily adapting one unified model.
✔️ Scalability - Totem allows for the parallel processing of multiple transactions by bridging multiple dedicated chains to a sliced network.
✔️ Upgradability - Upgrading is made without forks in Totem’s transparent on-chain governance system.
✔️ Transparent governance - All TOT holders can propose changes to protocols or vote on existing proposals, and can also elect board members in the Totem governance system.
✔️ Cross-chain composability - Totem's cross-chain composability and messaging mechanism allow for communication, exchange of value, and sharing functions in a sliced network.
🏆 The Unique Totem Multi-Chain Architecture consists of:
🔹 Standard Chain - guarantees security, consensus, and cross-chain
operability.
🔹 Business Chain - meets specific financial business demands of various kinds. Such chains can have their own tokens and optimize functions for specific application scenarios.
🔹 EthBridge - allows Totem to be sliced to connect and communicate
with external networks such as Ethereum and Bitcoin.
✔️ Exceptional consensus mechanism. Totem Chain’s consensus mechanism realizes decoupled consensus and also increases reliability and consensus consistency across the entire network by separating the process of generating blocks on the chain from confirming the end state.
✔️ Open Protocols. The decentralized and peer-to-peer open financial system is user-friendly, secure, and open, as opposed to traditional financial service providers. Even low-income communities that have traditionally been excluded from the financial system can participate in and benefit from it.
✅ Totem Chain also offers a variety of readily available modules for consensus, P2P network governance (voting system), staking, authentication, etc.
Learn more about Totem features and advantages here: http://totprotocol.com
✔️ Heterogeneity - Each chain in the Totem Network can be optimized for a particular scene rather than mandatorily adapting one unified model.
✔️ Scalability - Totem allows for the parallel processing of multiple transactions by bridging multiple dedicated chains to a sliced network.
✔️ Upgradability - Upgrading is made without forks in Totem’s transparent on-chain governance system.
✔️ Transparent governance - All TOT holders can propose changes to protocols or vote on existing proposals, and can also elect board members in the Totem governance system.
✔️ Cross-chain composability - Totem's cross-chain composability and messaging mechanism allow for communication, exchange of value, and sharing functions in a sliced network.
🏆 The Unique Totem Multi-Chain Architecture consists of:
🔹 Standard Chain - guarantees security, consensus, and cross-chain
operability.
🔹 Business Chain - meets specific financial business demands of various kinds. Such chains can have their own tokens and optimize functions for specific application scenarios.
🔹 EthBridge - allows Totem to be sliced to connect and communicate
with external networks such as Ethereum and Bitcoin.
✔️ Exceptional consensus mechanism. Totem Chain’s consensus mechanism realizes decoupled consensus and also increases reliability and consensus consistency across the entire network by separating the process of generating blocks on the chain from confirming the end state.
✔️ Open Protocols. The decentralized and peer-to-peer open financial system is user-friendly, secure, and open, as opposed to traditional financial service providers. Even low-income communities that have traditionally been excluded from the financial system can participate in and benefit from it.
✅ Totem Chain also offers a variety of readily available modules for consensus, P2P network governance (voting system), staking, authentication, etc.
Learn more about Totem features and advantages here: http://totprotocol.com