The Network Coin Ai Blockchain
Network Overview and Key Metrics
Network Coin Ai is the decentralized EVM-compatible public blockchain that powers the Network Coin Ai platform and ecosystem. It is fully compatible with Ethereum meaning that any smart contract that can be deployed on the latter can also run on top of Network Coin Ai.
The Network Coin Ai blockchain uses a variant of delegated Proof of Stake (dPoS) for achieving consensus. The consensus is secured by a significant number of independent validators, only one of which is run by the Network Coin Ai core team.
Validators are also responsible for the most important type of governance on Network Coin Ai, namely, adopting the network protocol changes via Network Coin Ai Improvement Proposals (FIPs).
The native token of the network is called Network Coin Ai. New Network Coin Ai tokens are issued with every added block and are also use to pay for gas, just like ETH on Ethereum.
The Network Coin Ai blockchain is designed to ensure fast block confirmation times and a low cost of transactions. The average block interval on Network Coin Ai is around 3 seconds, and it currently costs much less than $0.01 to get a transaction confirmed.
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