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Ramestta- Powerful Platform for building dApps and decentralized exchange

 2 years ago
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Ramestta- Powerful Platform for building dApps and decentralized exchange

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Crypto platforms and smart contract platforms have acquired various eyeballs in the past but most investors have held their nerves because of the volatility and risks in scalability.

Further, mass adoption is not possible for smart platforms. 

However, there are various smart contract platforms that focus on improving the transaction speeds but they compromise on transaction throughput. 

Thus, the Ramestta network has been created to solve this problem. 

Introducing Ramestta Network 

Ramestta is a POS, EVM-based blockchain framework for creating EVM-compatible blockchain networks. It is specifically built and crafted by blockchain developers around the world. 

In order to achieve faster block times while maintaining a high level of decentralization, the Ramestta Network employs a dual strategy of Proof of Stake at the checkpointing layer and Block Producers at the block producer layer.

This is done by achieving finality on the main chains using checkpoints and fraud-proof mechanisms.

Ramestta is a platform for problem-solving that connects several EVM-compatible blockchain networks. It solves multiple problems at once by providing services such as:

  • Quick 1-click deployment of blockchain networks.  
  • Interoperability protocol that supports the exchange of arbitrary messages with Ethereum and other blockchain networks. 
  • Additional modular support with ‘security as a service. 
  • More modules for developing custom networks for exchange. 

To help with faster transactions and a lower fee, they have also created two layers- Layer 1 (PoW) and Layer 2 (PoS). 

Here are other reasons to choose Ramestta: 

  • Create faster transactions 
  • Get higher transaction output
  • Larger blockchain size 
  • Higher scalability. 

Speed up transactions

Most Blockchain systems have a Pow (Proof-of-work) structure, which is a slow process that requires time to build a block. 

As a result, blockchains based on PoS (Proof-of-Stake) serve to accelerate the process and reduce confirmation processes.

Build your decentralized app 

Ramestta answers the blockchain ecosystem’s challenge by developing decentralised apps. 

Their development team and contributors are primarily focused on creating user-friendly mobile apps, desktop wallets, and extensions that provide a consistent user experience.

Make Decentralized Exchange 

Ramestta has all the features that an exchange platform should have. It should be faster and cheaper trades. Thus, Ramestta helps with a decentralized exchange and enables reliable crypto trades. 

To ease the coin exchange, Ramestta has also built the RAMA Setu. It bridges the gap between the Ramestta mainchain (PoW) and Ramestta Sidechain (PoS). 

The transaction happens on the sidechain and is then added to the mainchain by checkpoint validation.  

Block Producers 

The Block producers are present at the base level. This layer will produce the blocks at a faster speed and with negligible transaction fees. Thus, Ramestta also consists of a checkpointing layer. 

This layer is the basis of all the PoS mechanisms, Through the block layer, the Ramestta network produces a higher speed for transactions and a high degree of decentralization. 

Ramascan 

The RAMA Token is intended to be a utility token that serves as the medium of exchange for payments and settlements between users interacting with the Ramestta Network’s ecosystem.

The RAMA token provides various incentives that encourage participants to contribute and maintain the Ramestta network ecosystem. When computing costs are calculated and paid for, RAMA Token is the unit of exchange that will be employed.

RAMA tokens would also be used in the consensus process for Ramestta network. Thus, RAMA token also serves as a deterrent for punishing stakers for various offenses.  

Conclusion

Ramestta Network is devoted to offering a scalable and user-friendly infrastructure for the success of third-party decentralised applications. That said, users can seamlessly transact crypto under a secured ecosystem. 

Check out the complete features of Ramestta Blockchain network here. 

Follow us to get updated:-

https://www.ramestta.com/

https://www.facebook.com/Ramestta/

https://twitter.com/ramestta

https://www.instagram.com/ramestta/

https://t.me/ramestta_blockchain

https://www.linkedin.com/company/ramestta

CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions: [email protected] None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.


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