Sunday, September 24, 2023
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • en English
    ar Arabicbg Bulgarianzh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
Crypto Miracles
Advertisement
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Dogecoin
    • Litecoin
    • Ripple
    • Altcoin
    • Press Release
  • Blockchain
  • People
    • Opinion
    • Interview
  • Business
  • Technology
  • Market
  • Analysis
  • Live Price
  • Regulation
  • Guide
No Result
View All Result
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Dogecoin
    • Litecoin
    • Ripple
    • Altcoin
    • Press Release
  • Blockchain
  • People
    • Opinion
    • Interview
  • Business
  • Technology
  • Market
  • Analysis
  • Live Price
  • Regulation
  • Guide
No Result
View All Result
Crypto Miracles
No Result
View All Result
Home Press Release

Unlocking the Future with Entropy Mainnet: A Gateway to Experience and Earnings (X&E) | NewsBTC

September 6, 2023
in Press Release
Reading Time: 4 mins read
0
Unlocking the Future with Entropy Mainnet: A Gateway to Experience and Earnings (X&E) | NewsBTC
Share on FacebookShare on TwitterPinShare on Reddit


Are you planning to integrate your existing business into a blockchain network? Introducing Entropy Network, now officially live for the general public. This groundbreaking new network is designed to make your integration process easier than ever before.

At its core, Entropy is dedicated to reducing the barriers for WEB2-based services to seamlessly access blockchain services, all while providing service-specific private blockchains that ensure reliability.

It serves as a comprehensive platform where users can both Experience & Earn (X&E), and explore the blockchain services that hold the promise of significant returns.

Entropy Introduction: Navigating the Convergence

Entropy’s journey begins with a vision to bring the decentralized world closer to the masses. The primary goal is to facilitate easy access to blockchain services for traditional web-based businesses, unlocking a treasure trove of opportunities.

As users dive into this blockchain ecosystem, they can explore a range of services, including Play-to-Earn (P2E), Move-to-Earn (M2E), and Learn-to-Earn (L2E), with the potential to generate profits that were once beyond reach.

But it doesn’t stop there.

Entropy is committed to continually expanding its ecosystem, forming connections between diverse services and digital assets within its network. The platform’s compatibility with the Ethereum Virtual Machine (EVM) and support for Multichain through bridge chains ensure a seamless connection to the broader blockchain universe, opening doors to new possibilities.

Entropy Architecture: The Foundation of Trust

The network operates collectively, with multiple companies serving as validators under the supervision of the Entropy Foundation. Approval to join this foundation is granted through a rigorous deliberation process, ensuring that only the most dependable entities become part of the network.

With a total of 21 Node Validators, Entropy employs a permission-based Proof of Authority (POA) consensus algorithm. This choice leads to shorter block generation cycles, lightning-fast transaction speeds, and cost-effective network operation. Blocks are generated every 3 seconds, accommodating an average capacity of 62.4 transactions per second (TPS) within a single block.

What sets Entropy apart? Its commitment to fairness.

Block validation and rewards follow a round-robin approach, eschewing competition in favour of sequential payments to validators. Block rewards are a combination of 0.2 ENT per node plus 10% of the Block Transaction Fee. Validators have the potential to mine ENT for a maximum of 25 years, promoting long-term engagement. Furthermore, 90% of transaction fees are allocated to self-burning, a strategy designed to preserve the value of Entropy Coin.

Entropy Services: Powering the Future

Within the Entropy ecosystem, a suite of services empowers users and businesses alike:

  1. Entropy Bridge: This feature seamlessly connects external public chains using bridge chains, ensuring interoperability and expanding the network’s reach.
  2. Entropy Scan: Real-time verification of all transactions and executed smart contracts, offering transparency and trust in the blockchain’s operations.
  3. Entropy Wallet: A secure haven for digital assets from all services integrated into the Entropy network, making asset management a breeze.
  4. Marketplace: Streamlining asset trading, this marketplace goes beyond traditional assets to encompass the exciting world of NFTs (Non-Fungible Tokens) and more.

Future Plans: A Glimpse into Tomorrow

The journey of Entropy is just beginning, and the roadmap ahead is laden with promises:

Entropy SDK Release (Scheduled): An upcoming release that will empower WEB2 developers unfamiliar with blockchain to transition their services to WEB3 effortlessly using the Entropy SDK.

Entropy Launcher Opening Soon: For gamers, the Entropy platform is set to offer seamless gameplay experiences within integrated games, creating a world of interactive possibilities.

Upcoming Game/Service Onboarding: Exciting negotiations are underway to onboard various games, including the eagerly anticipated Frutti Dino Series game, slated for release in the latter half of 2023. This signals just the beginning of Entropy’s journey to reshape the future of blockchain-based gaming and services.

In conclusion, Entropy Mainnet is a visionary gateway to Experience and Earnings (X&E) in the digital age. With a robust architecture, a commitment to fairness, and a roadmap teeming with innovation, Entropy is poised to redefine the way we engage with blockchain technology, making it accessible, profitable, and exciting for all.

About Entropy Network:

Entropy is a dedicated private blockchain designed to seamlessly handle transactions and contracts for a range of blockchain-based services, including DApps and NFT games.

As a fast, secure, and decentralized community blockchain network, Entropy (ENT) is committed to establishing genuine ownership and facilitating transactions of digital assets. Our ecosystem offers a myriad of features, including X&E (Experience and Earn), NFT games, a marketplace, a secure wallet, and more.

Connect with us via the official website, Discord, Medium, Twitter, and Telegram channels.

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.





Source link

Related articles

NFT Support for Polygon Stopped by Binance; Polkadot and Borroe.Finance Get Whale Attention | NewsBTC

NFT Support for Polygon Stopped by Binance; Polkadot and Borroe.Finance Get Whale Attention | NewsBTC

September 23, 2023
As SEC Deadlines For Bitcoin Spot ETFs Slide By, This Altcoin ICO Is Looking Attractive | NewsBTC

As SEC Deadlines For Bitcoin Spot ETFs Slide By, This Altcoin ICO Is Looking Attractive | NewsBTC

September 23, 2023
Share2Tweet1PinShare
Previous Post

The Top 10 Meme Coins To Buy In 2023

Next Post

Reef Labs $10M Accelerator Program COHORT 1 Begins, Paving the Way for Web3 Innovators | NewsBTC

Related Posts

NFT Support for Polygon Stopped by Binance; Polkadot and Borroe.Finance Get Whale Attention | NewsBTC

NFT Support for Polygon Stopped by Binance; Polkadot and Borroe.Finance Get Whale Attention | NewsBTC

by
September 23, 2023

Binance, one of the largest cryptocurrency exchanges globally, has decided to pull the plug on its support for Polygon-based NFTs....

As SEC Deadlines For Bitcoin Spot ETFs Slide By, This Altcoin ICO Is Looking Attractive | NewsBTC

As SEC Deadlines For Bitcoin Spot ETFs Slide By, This Altcoin ICO Is Looking Attractive | NewsBTC

by
September 23, 2023

As the SEC’s deadlines for Bitcoin spot ETFs remain elusive, investors are looking for alternative options, with the Bitcoin Spark...

SWIFT Begins CBDC Trials With Three Banks, $BTC Whales Accumulating $QUBE As Presale Crosses $3 Million | NewsBTC

SWIFT Begins CBDC Trials With Three Banks, $BTC Whales Accumulating $QUBE As Presale Crosses $3 Million | NewsBTC

by
September 23, 2023

A growing number of Bitcoin ($BTC) whales are buying up InQubeta ($QUBE) tokens, taking its presale past the $3.1 million...

Arbitrum (ARB), Toncoin (TON), and Tradecurve Markets (TCRV) – Whales Gravitate to These Top 3 Tokens for Q4 of 2023 | NewsBTC

Arbitrum (ARB), Toncoin (TON), and Tradecurve Markets (TCRV) – Whales Gravitate to These Top 3 Tokens for Q4 of 2023 | NewsBTC

by
September 22, 2023

As we approach the final quarter of 2023, whales are honing in on their top picks. Among these, three tokens...

Top Meme and Utility Tokens to Watch Out For in 2023: Dogecoin (DOGE), Ethereum (ETH), and Pomerdoge (POMD) | NewsBTC

Top Meme and Utility Tokens to Watch Out For in 2023: Dogecoin (DOGE), Ethereum (ETH), and Pomerdoge (POMD) | NewsBTC

by
September 22, 2023

Since the inception of memecoins, they have formed an integral part of the crypto landscape, with Dogecoin (DOGE) at the...

Load More
Next Post
Reef Labs $10M Accelerator Program COHORT 1 Begins, Paving the Way for Web3 Innovators | NewsBTC

Reef Labs $10M Accelerator Program COHORT 1 Begins, Paving the Way for Web3 Innovators | NewsBTC

Bloomberg: 75% Approval Rate Expected for Bitcoin (BTC) ETFs; Crypto AI Presale Nears $3M | NewsBTC

Bloomberg: 75% Approval Rate Expected for Bitcoin (BTC) ETFs; Crypto AI Presale Nears $3M | NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions.

5 × 2 =

Crypto Miracles

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics, and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Business
  • Dogecoin
  • Ethereum
  • Guide
  • Interview
  • Litecoin
  • Market
  • Opinion
  • Press Release
  • Regulation
  • Ripple
  • Technology
  • Uncategorized

Recent Posts

  • The 5 best crypto to buy now for under $5
  • Litecoin price prediction: LTC to dip below $60; QUBE to observe a 6,000% surge
  • Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

Newsletter

    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions

    cryptomiracles.com © 2021 All rights reserved.

    No Result
    View All Result
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Dogecoin
      • Litecoin
      • Ripple
      • Altcoin
      • Press Release
    • Blockchain
    • People
      • Opinion
      • Interview
    • Business
    • Technology
    • Market
    • Analysis
    • Live Price
    • Regulation
    • Guide

    cryptomiracles.com © 2021 All rights reserved.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.