Reef Description

Reef Chain combines the most beneficial elements of widely used blockchains while ensuring full compatibility with smart contracts. As an EVM-compatible blockchain designed for decentralized finance (DeFi), Reef Chain boasts impressive speed, scalability, and low transaction fees, all while eliminating unnecessary mining processes. Constructed using the Substrate Framework, it incorporates on-chain governance features. Users can seamlessly transfer their existing applications from Ethereum to Reef Chain without the need for any modifications to their Solidity code. Additionally, it allows for the deployment of established ERC-20 assets and facilitates liquidity transfers between Ethereum and Reef Chain. With a focus on upgradability and sustainable governance, Reef Chain employs advanced blockchain technology, including Nominated Proof of Stake consensus, EVM extensions, on-chain upgradability, libp2p networking, and cutting-edge cryptography. Furthermore, its community-elected Technical Council ensures that Reef Chain remains self-upgradable, adapting to future needs and challenges. This dynamic ecosystem positions Reef Chain as a leading choice for developers and users in the DeFi space.

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Integrations

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Reviews - 1 Verified Review

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Company Details

Company:
Reef Finance
Year Founded:
2019
Headquarters:
United Kingdom
Website:
reef.finance/

Media

Reef Screenshot 1
Reef Screenshot 1
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support

Reef Features and Options

Reef Lists

Reef User Reviews

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  • Name: Anonymous (Verified)
    Job Title: Software Engineer
    Length of product use: 2+ Years
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Incredible technology

    Date: Aug 08 2022

    Summary: Capable 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.

    Positive: Intricate staking protocol with a very capable interchangeable chain able to sustain entire game ecosystems.

    Negative: Bad marketing and no mobile on-boarding access available.

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