Introducing IBAX, A Decentralized Blockchain Infrastructural Network.

[edmundo]

IBAX Network is an integrated blockchain infrastructure with extreme compatibility that adopts microservices. Having researched the basic blockchain features that unite Bitcoin, Ethereum, Grin, and other cryptocurrencies, IBAX commits to decentralized organization.
IBAX recognizes the foundation of value and sustainable development possibilities. These root not only in consensus but also in the patience and costs of all participants.

Based on the above, to design a self-governance network that integrates all the ecosystem participants, we use a nested consensus mechanism and a low-consumption mining model to decentralize hash power and return data ownership and monetization benefits to the ecosystem co-builders. All eligible co-builders can enjoy rights and interests such as governance, allocated hash power, storage, etc., without affecting the compatibility and efficient operation of the ecosystem.

IBAX Network is a practical enterprise-level service product based on a blockchain network and launched after years of experience in core fields like distributed parallel computing, PaaS, BaaS, data management, and secure encryption.
Facing the changing market conditions, it is normal to have various demands to accommodate. The dilemma of traditional blockchain structures has been affecting their commercialization. Centralization is the core foundation for the operation of social and commercial ecosystems, while decentralization and transparency are beyond the operational and social demands. It is time to break away from the obsession with
decentralization and jointly improve data verification and structure, virtual currency economy, smart contract structure, and trusted computing models. This is the consensus the industry players have been increasingly willing to reach. Only this will allow for a consensus with the real world (traditional commercial organizations, governments, developers, node operators, community followers, etc.) and a true increase of the blockchain technology power.

The technology layer is naturally isolated, just like the Internet at the very beginning. First, it needs to break all potential technical barriers and customer habits and reduce or eliminate the inconvenience resulting from isolation. Only then, it is possible to establish a standardized scalable scenario and integrate it into distributed commercial applications,
allowing quick access to traditional commercial applications. If the default smart contract of the ecosystem cannot meet your own needs, you may code a new one using the programming interface integrating smart contracts and consensus mechanisms and release it in the IBAX ecosystem. This creates a cyclic incremental open-source model for
the commercial ecosystem.

🎤IBAX is a decentralized blockchain infrastructural network which focused on commerical cross-chain🔥🔥🔥
 
Compared to other projects, we have:

🌟 Great reduction of application cost

🌟 An independently build physical ecosystem

🌟 Quick deployment of distributed servers, development and application environments

🌟 A diversified DApp Store and BaaS functionality

🌟 Actual service response in seconds

🌟 Cross-chain and cross-system data interaction

🌟 A new infrastructure network integrating public, alliance, and private chains

Website: https://ibax.io/

Twitter: https://twitter.com/IbaxNetwork

Telegram: https://t.me/ibaxcommercialNetwork

Linkedin: https://www.linkedin.com/company/68016504/

Medium: https://medium.com/@ibaxnetwork