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Rank #2172
COGI COGI
COGI Price
$0.00210
-0.36% Market Cap
$129.58K
24H Volume
$121
Circ Supply
61.59M
COGI Explorer & Contracts
COGI Info
COGI stands for Cryptocurrency Online Gateway Infrastructure. The goal of the project is to create a gateway to connect traditional services and users to Blockchain and Cryptocurrency. To accomplish said goal, it is crucial that COGI have an independent Blockchain Ecosystem, fully equipped with basic components. Within the current Blockchain technologies, limitation and shortcomings remain existent, by utilizing the current technologies, difficulties users often face will not be solved. That is the reason why COGI Chain was born. COGI Chain is a Layer 1 Proof of Authority (PoA) blockchain. PoA is a consensus mechanism that upholds the identity and reputation of the participants who validate transactions and add new blocks to the blockchain.
The advantages of POA are:
- Fast transactional speed and large network scalability
- High security
- Integration of zero-knowledge proof (ZKP) technology, which can quickly process 10000 transactions per second
- Friendly user experience when approaching Blockchain and Blockchain integration services” (especially traditional users).
COGI Features
- Transactional processing fees for all COGI Chain operations and data storage.
- Running validator nodes on the network through COGI tokens staking.
- Used for governance voting to determine how ecosystem resources are allocated.
- Get Governance Rewards Through Staking Activities, Provide Ecosystem Liquidity.
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