The Root Network Description
The Root Network is more than just a Blockchain. It enables seamless interoperability of assets and user experience across the open metaverse. Our Layer 1 blockchain, which is responsible for validating transactions, maintaining the integrity of ledgers, and executing smart contracts, is designed to provide a seamless experience for metaverse applications. Scalable L2 tech futureproofs the network for its continued success and growth. The Root Network uses a network-of-networks architecture that leverages our Layer 1 chain's security. Create digital assets and tokens that can be exchanged and used across different applications, experiences, and destinations in the metaverse.
The Root Network Alternatives
Somnia
Somnia is a high performance, EVM compatible Layer 1 blockchain that supports real-time mass-consumer apps such as gaming, social platform, and metaverses. IceDB and its novel multistream consensus system, which allows for over 400,000 transactions to be processed per second, with a sub-second finality. This ensures ultra-low transaction costs. Somnia's architecture enables developers to use existing EVM codebases and tools, facilitating rapid development and seamless integration. Somnia introduces reactive primitives into Solidity to enable the creation of on-chain applications which can respond in real time to data changes and events. This creates a new category of decentralized applications. The platform's focus is on scalability, affordability, and user sovereignty. It can be used to build complex on-chain game, social networks, or fully on-chain Metaverses.
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Umee
The easiest way to get started with DeFi. Umee is a layer 1 blockchain for cross-chain communication. It was built on the Cosmos SDK, powered by Tendermint Consensus, and includes a self-sovereign validater network. Inter-Blockchain Communication protocol, Gravity bridge, as well as decentralized infrastructure are used to achieve interoperability. This is a way to create a universal cross-chain DeFi hub. A DeFi platform that integrates with money legos allows for open finance innovation, including cross-chain staking and interchain leverage. Umee can be used as a base blockchain to build applications and money lego primitives. This will allow you to access liquidity and cross-chain leverage.
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Meter
Meter is a high-performance infrastructure that allows smart contract to scale and travel seamlessly across heterogeneous blockchain networks. Meter is a Layer 1 or Layer 2 blockchain protocol. The Meter system consists two tokens: MTRG (the governance token; eMTRG is an ERC20 version) and MTR (the low-volatility currency to token).
Financial assets should be able to flow freely between blockchains. Meter's HotStuff-based consensus permits 1000s of validator nosdes, making it the most decentralized Layer 2 Ethereum. Meter processes thousands upon thousands of transactions per second, and transactions are confirmed almost immediately. Meter Passport allows assets, smart contracts and smart contracts to travel and communicate across heterogeneous Blockchains for the best price and liquidity. Meter is an Ethereum compatible with unique enhancements. Meter is a Layer 2 DEX that is front-running/MEV resistant and fast.
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Elastos
Elastos is the leading provider of open-source solutions in the world. It uses not only blockchain technology but also a peer to peer network for communication, decentralized data storage and a decentralized ID system that allows all users to access their digital assets. The official Elastos essentials super-wallet application offers full management support for your digital identity and contacts, decentralized storage as well as token spending, voting, smart contract operations, and token spending. RPC Crypto wallet with interoperability and swapping. Smart contract operations are associated with the Elastos Smart Contract Chain. Our platform is called the Elastos SmartWeb. Although we are located all over the world, we share the belief that the Elastos SmartWeb can change the world. Each platform component offers unique features and services that attract developers and users to Elastos.
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Company Details
Company:
The Root Network
Website:
www.therootnetwork.com
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Product Details
Platforms
SaaS
Type of Training
Documentation
Customer Support
Online
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