PugglitInu Is Offering Blockchain Solutions Alongside Solana and Chainlink – Tekedia
Cryptocurrency resides on blockchain technology, and the growing power of these two industries has reached places that once ignored the importance of cryptocurrency and the unavoidable adoption that is taking over globally.
With both feet planted in decentralisation, many expectations are hinged on how well the crypto industry performs. Sadly, there has been a slew of shortcomings attached to stable and new crypto projects that need to be addressed.
Pugglit Inu (PUGT) is a blockchain solution-dedicated platform. The platform will relieve users of lax customer service, comparatively lower transaction fees, high security, and advanced tools embedded in trading activities.
Not a funny name or some silly made-up idea- Pugglit Inu (PUGT) is a portmanteau of puggle and piglet. The coin is modelled after the best qualities of both animals- community-friendliness, keen attention to security and safety, and environmental conscientiousness.
The Pugglit Inu (PUGT) platform offers crypto users a better place for trading with a charting tool, an aggregator, and updated network statistics. It also has trading bots that relieve the on-hand job trading has forced crypto traders to have if they intend to stay on top of prevailing trends.
Additionally, the Pugglit Inu (PUGT) protocol is built on the Binance Smart Chain network (BSC), inheriting a system designed to maximise the user’s profits in both short and long-term usage. Building on BSC also gives Pugglit Inu (PUGT) room to grow in DeFi and run smart contract-based applications along the line.
Not only those, but Pugglit Inu (PUGT) will embrace interoperability for cross-chain communication between other chains. As a critical solution for scalability, it is expected that achieving scalability as the number of transactions increases will be an easy feat to pull.
Decentralised Autonomous Organisations (DAO) are a highly needed phenomenon in the crypto industry as they imply that members and not a central body control governance.
Pugglit Inu (PUGT) states that its DAO will be to “bring governance to the community members of the platform and empower its holders.” The DAO will operate on a system optimised for growth and wealth creation. With protocol-controlled liquidity and high-staking reward, the DAO will regulate and control supply expansion.
Essentially, Pugglit Inu (PUGT) will work for users and the project’s growth through a flattened hierarchy and structuring for Pugglit user incentivization.
As mentioned, Pugglit Inu (PUGT) intends to bring solutions to blockchain issues that still plague crypto projects. The main problems are the blockchain trilemma- scalability, security, and decentralisation.
Scalability will come with interoperability as Pugglit Inu (PUGT) will allow the exchange of assets and data across several chains. The whitepaper explains it as follows, “launching Pugglit Inu on BSC ensures dual chain interoperability, allowing cross-chain communication and selling high-performance dApps to yield a fast transaction rate and smooth user experience.”
High security will be on the part of Pugglit Inu (PUGT) to safeguard users’ data and funds, aided by Binance Smart Chain’s (BSC) impressive security system. BSC uses a proof-of-stake relay chain that maintains the network’s integrity and will be a valuable addition to Pugglit Inu (PUGT).
Decentralisation in Pugglit Inu (PUGT) begins with DAO governance, giving holders a say in policies to be implemented on the platform. After all, the idea of being a DeFi token and a meme utility is for the community.
Pugglit Inu (PUGT) solutions do not stop with the blockchain trilemma, going beyond to better its ecosystem. The platform employs a unique proof-of-work algorithm to secure transactions and reduce fees. And where everything happens- the mobile wallet- will be optimised for easy access and use.
Pugglit Inu (PUGT) offers a bonus offering system that allows buyers to enjoy an additional percentage of PUGT when they become holders.
Buying PUGT with either Ethereum (ETH) or Binance coin on Binance Smart Chain (BNB) will give up to 20% extra on whatever amount of tokens you have purchased. Each of the three presale stages has bonuses, and you also get a 65% bonus on PUGT tokens for your second purchase.
You can buy PUGT via the website, using the options of Ethereum (ETH), Bitcoin (BTC), Binance coin (BNB), and Tether on both TRON and Ethereum networks.
Get a PUGT-friendly wallet that is also compatible with your purchase option.
Configure (connect) your wallet to prepare it for some
Buy yourself some PUGT tokens, and you’re good to go.
Solana (SOL) is an open, programmable blockchain for smart contract applications. Solana (SOL) is one of the thriving blockchains in the cryptosphere, with solutions needed to combat rampant problems. It is ranked one of the best according to market capitalization.
While Ethereum (ETH) is the central hub for decentralised applications, NFTs, and DeFi, the cost of engaging in transactional operations is heavy- monetary and speed-wise. Developers and users have found Solana’s (SOL) alternative of higher throughput and lower fees as the incentive to switch chains.
Solana (SOL) provides scalability using its method of rivalling speed without giving up decentralisation and censorship resistance. It is worth noting that the architecture of Solana (SOL) is founded on eight key technologies that keep evolving to produce optimal performance.
As a result, it has become a lightning-fast blockchain with over 50,000 TPS that keeps going without getting hindered by the nodes migrating to its base.
SOL, the cryptocurrency on the network, is used to pay transaction fees and stake. It is also listed on exchanges like Binance and Coinbase for compatibility with any wallet.
Enter Presale: https://pugglitinu.com/
Chainlink (LINK) provides real-world information to smart contracts on blockchains, allowing them to interpret agreements and securely interact with off-chain data accurately. The oracle network was launched in 2017, by the for-profit company- SmartContract.
The introduction of smart contracts brought transparency, speed, and cost reduction to crypto-related activities. This removed the need for external agents and intermediary fees.
The problem is that while smart contracts are codes that inspire a trustless system, they cannot read real-time data due to blockchain restrictions. As a decentralised oracle network, Chainlink (LINK) bridges the gap and feeds them the needed data.
Due to its fall from the top twenty cryptocurrencies and heavy loss in value, Chainlink (LINK) has remained undervalued for its contribution to blockchain solutions and price potential. However, its level of adoption remains higher than many cryptocurrencies in the market, and there is a high chance for longevity.
LINK might not make a good investment for the price, but the underlying technology is something worth paying attention to. The network’s invaluable work on securing smart contracts for chains to remain stable has no limitations.
Without solving issues, the cryptocurrency industry cannot reach the heights it intends to attain. Thankfully, these blockchain platforms have taken it upon themselves to fill these loopholes- and have done well so far.
They will be ahead of whatever lies in the positive future of crypto, and so will holders within their ecosystem.
TI Partners represents articles from our partners, including NGOs, governments and companies, and some are paid for.
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