What is Reef?
Reef Chain uniquely integrates the most advantageous features of popular blockchains while maintaining complete compatibility with smart contracts. Tailored as an EVM-compatible platform for decentralized finance (DeFi), it offers remarkable speed, scalability, and minimal transaction costs, all while doing away with redundant mining activities. Built on the Substrate Framework, Reef Chain includes robust on-chain governance capabilities. Users can effortlessly migrate their existing Ethereum applications to Reef Chain without altering their Solidity code. It also supports the deployment of existing ERC-20 tokens and enables smooth liquidity transfers between Ethereum and Reef Chain. With a commitment to upgradability and sustainable governance, Reef Chain leverages cutting-edge blockchain technologies such as Nominated Proof of Stake consensus, EVM extensions, on-chain upgradability, libp2p networking, and advanced cryptographic techniques. Moreover, its Technical Council, elected by the community, guarantees that Reef Chain remains capable of self-upgrades, allowing it to evolve in response to future demands and challenges. As a result, this innovative ecosystem positions Reef Chain as a premier option for developers and users alike in the ever-evolving DeFi landscape. In addition to these features, Reef Chain is dedicated to fostering a vibrant community that encourages collaboration and knowledge sharing among its users.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Incredible technology
Date: Aug 08 2022SummaryCapable blockchain not well known without enough users to test features often. A good chance it will be in the top 10 chains within a few years.
PositiveIntricate staking protocol with a very capable interchangeable chain able to sustain entire game ecosystems.
NegativeBad marketing and no mobile on-boarding access available.
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