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Ethereum

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ETH/USD:

[exchange-rates_badge amount="1" base_currency="ETH" flag_type="none" decimals="2" id="1690700525" currency_list="USD"]

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[exchange-rates_badge amount="1" base_currency="BTC" flag_type="none" decimals="2" id="1690700525" currency_list="USD"]

LTC/USD:

[exchange-rates_badge amount="1" base_currency="BTC" flag_type="none" decimals="2" id="1690700525" currency_list="USD"]

CryptoUnits - 1539+ Best Cryptocurrency Websites & Bitcoin Sites List of 2023!

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entropynetwork.io

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Their official site text

Introduction

Welcome to Entropy!

This lightpaper is written to help understandings of Entropy’s general and technical information. Details of some information may not be expressed due to technical details or confidentiality restrictions. To fully understand the purpose, status, and limitations of this lightpaper, please read to the end of the document.

Disclaimer

Entropy blockchain is developed based on BSC (Binance Smart Chain) technology and was customized with our technology to fit the purpose and direction of our project. In addition, to complete the high-performance blockchain configuration, we actively utilized the latest library and technology/add-ons from open sources and EIP from Ethereum during development.

As explained above, Entropy is an independent product from our own project. Therefore, any individuals or parties using systems related to Entropy blockchain network are licensed only within the scope set by us and are considered to have agreed to the terms.

Abstract

In the early days of the blockchain's competitive coin/token market with differentiated algorithms, the Ethereum-oriented Defi market, NFT trading activation, and P2E games with tokenomics-based ecosystems have shown meaningful results, creating another competitive structure to create a practically usable form of service on the Application Layer.

This atmosphere is increasing the development of a customized blockchain mainnet so that dapps can be served in an optimized distributed network environment, unlike dapps created based on the characteristics of a blockchain network. This trend is present because, despite the advantages of large communities, massive assets, high-security levels, and long-validated network reliability, there are many variables that can affect service quality in situations where transaction processing speed, high fees, and volatility due to mainnet upgrades are inevitably accepted. In addition, the need for more autonomous mainnets that are easier to expand vertically and horizontally is increasing due to attempts to construct the ecosystem itself and create various value cycles within it from simply configuring services based on coin or token use.

These diverse needs will lead to faster service optimization, faster transaction processing, higher capacity processing, lower fee base, and reliable distributed verification systems in blockchain.

The key to blockchain growth will also be created by implementing various real-world services using blockchain technology rather than the value of the blockchain itself. In other words, in the process of completing a service with high utilization value, blockchain will play a role as a medium or tool, and it will prove the true value of blockchain.

We want to build a high-performance blockchain custom foundation and expand a new ecosystem where network constancy and stability can be secured so that Dapp or NFT games that want to build services within the blockchain can significantly reduce process difficulties and focus on content development.

Entropy Development Plan

As mentioned earlier, our final goal is to become a blockchain platform holder that allows the entire blockchain value chain to be a virtuous cycle through the completion of a blockchain network optimized for Dapp or NFT games with an ecosystem. To complete a blockchain distributed network specialized in Dapp and NFT game services, we have defined several target items.

1. Ethereum, BSC Chain Compatible Independent Executable Private Blockchain

2. Permission-based POA consensus algorithm

3. Provide a public chain swappable bridge chain

4. Token burning system paired with a reward system that is paid uniformly per block

5. Constantly creating blocks at a constant speed and reaching fast finality

6. Lowest network fees for fast transaction processing

7. Building a Public Operating System with Entropy Foundation

Entropy Design

Goal

Entropy aims at two main goals.

The first is to complete a blockchain network optimized for Dapp or NFT games that require similar security levels while minimizing internal and external variability to maintain network constancy so that services can operate reliably.

Second, entropy is aimed at the X&E On Chain Network. It helps to easily build an independent ecosystem and expand services so that on-board Dapp or NFT games can focus on their own content as well as blockchain networking. It also creates and expands the value link of various digital assets on the network.

Entropy Architecture

Entropy Modular Architecture

The entropy blockchain network consists of a blockchain framework, an API framework layer, and a business service under a stable designed technology stack, thereby quickly processing all intra-block transaction verification generated within the Entropy and achieving accurate finality.

Entropy System Architecture

The following is the structure of the basic system that constitutes Entropy, which is divided into three layers: application layer, service layer, and blockchain layer.

Consensus

POA

As discussed earlier, entropy adopts a Proof of Authority (POA) consensus algorithm to reduce the verification time of transactions and ensure fast end. We operate on a fixed basis, not added or reduced, based on 21 nodes. This reduces the number of nodes to reduce the time required for validation and shortens the block generation cycle to enable fast transaction processing, thereby improving the throughput of the network. POA can handle transactions with minimal fees, and processing speed is also very fast. Transaction creation in the POA-based 'quorum' blockchain protocol has improved transparency, giving publishers access to data in near-real-time

Validator Permission

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