PugglitInu offers blockchain solutions together with Solana and Chainlink
Cryptocurrency is based on blockchain technology and the growing power of these two industries has reached places that once ignored the importance of cryptocurrency and the inevitable adoption that is taking over globally.
With both feet planted in decentralization, many expectations are hung on how well the crypto industry performs. Unfortunately, there have been a number of shortcomings related to stable and new crypto projects that need to be addressed.
Pugglit Inu (PUGT) is a dedicated blockchain solution platform. The platform will relieve users of lax customer service, relatively lower transaction fees, high security and advanced tools embedded in trading activities.
What is Pugglit Inu (PUGT)?
Not a funny name or a silly made-up idea – Pugglit Inu (PUGT) is a portmanteau of puggle and piglet. The coin is modeled after the best qualities of both animals – community friendliness, great attention to safety and security, and environmental conscientiousness.
The Pugglit Inu (PUGT) platform offers crypto users a better place to trade with a charting tool, an aggregator and up-to-date network statistics. It also has trading robots that relieve the on-hand job trading has forced crypto traders to have if they intend to stay on top of prevailing trends.
In addition, the Pugglit Inu (PUGT) protocol is built on the Binance Smart Chain (BSC) network, inheriting a system designed to maximize user profits in both short and long-term use. Building on BSC also gives Pugglit Inu (PUGT) room to grow in DeFi and run smart contract-based applications down the line.
Not only them, but Pugglit Inu (PUGT) will embrace interoperability for cross-chain communication between other chains. As a critical solution for scalability, achieving scalability as the number of transactions increases is expected to be an easy feat.
Pugglit (PUGT) DAO
Decentralized Autonomous Organizations (DAOs) are a very necessary phenomenon in the crypto industry as they imply that members and not a central body control the governance.
Pugglit Inu (PUGT) states that its DAO will be to “bring governance to the community members of the platform and empower the holders.” The DAO will operate on a system optimized for growth and value creation. With protocol-controlled liquidity and high-stakes rewards, the DAO will regulate and control supply expansion.
Essentially, Pugglit Inu (PUGT) will work for users and the project’s growth through a flatter hierarchy and structuring for Pugglit user incentivization.
Pugglit Inu (PUGT) blockchain solution
As mentioned, Pugglit Inu (PUGT) intends to bring solutions to blockchain problems that continue to plague crypto projects. The main issues are the blockchain trilemma scalability, security and decentralization.
Scalability comes with interoperability as Pugglit Inu (PUGT) will allow the exchange of assets and data across multiple chains. The white paper explains it as follows, “launching Pugglit Inu on BSC ensures dual-chain interoperability, allows cross-chain communication and the sale of high-performance dApps to provide a fast transaction speed and smooth user experience.”
High security will be by Pugglit Inu (PUGT) to protect users’ data and funds, aided by Binance Smart Chain’s (BSC) impressive security system. BSC uses a proof-of-stake relay chain that maintains network integrity and will be a valuable addition to Pugglit Inu (PUGT).
Decentralization in Pugglit Inu (PUGT) begins with DAO governance, which gives holders a say in policies to be implemented on the platform. After all, the idea of being a DeFi token and a meme tool is for the community.
Pugglit Inu (PUGT) solutions do not stop with the blockchain trilemma, and go beyond improving the ecosystem. The platform uses a unique proof-of-work algorithm to secure transactions and reduce fees. And where everything happens – the mobile wallet – will be optimized for easy access and use.
Pugglit Inu (PUGT) pre-sale offer
Pugglit Inu (PUGT) offers a bonus offer system that allows buyers to enjoy an additional percentage of PUGT when they become holders.
Buying PUGT with either Ethereum (ETH) or Binance Coins on Binance Smart Chain (BNB) will give up to 20% extra on whatever number of tokens you have purchased. Each of the three presale stages have bonuses and you also get a 65% bonus on PUGT tokens for your second purchase.
You can buy PUGT through the website using Ethereum (ETH), Bitcoin (BTC), Binance coin (BNB) and Tether options on both TRON and Ethereum networks.
Step 1
Get a PUGT-friendly wallet that is also compatible with your purchase option.
Step 2
Configure (connect) the wallet to prepare it for someone
PUG.
Step 3
Buy yourself some PUGT tokens and you’re good to go.
What is Solana (SOL)?
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 as one of the best according to market value.
While Ethereum (ETH) is the central hub for decentralized applications, NFTs and DeFi, the costs of engaging in transaction operations are heavy-monetary and speed-wise. Developers and users have found Solana’s (SOL) alternative with higher throughput and lower fees as an incentive to switch chains.
Solana (SOL) provides scalability using the method of rival speed without giving up decentralization and censorship resistance. It is worth noting that the architecture of Solana (SOL) is based on eight key technologies that continue to evolve to produce optimal performance.
As a result, it has become a lightning fast blockchain with over 50,000 TPS that continues without being hindered by the nodes migrating to the base.
SOL, the cryptocurrency on the network, is used to pay transaction fees and stakes. It is also listed on exchanges such as Binance and Coinbase for compatibility with any wallet.
Enter pre-sale:
Explore Blockchain Technology with Chainlink (LINK)
Chainlink (LINK) provides real-world information to smart contracts on blockchains, allowing them to accurately interpret agreements and securely interact with off-chain data. The oracle network was launched in 2017, by the profit-oriented 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 limitations. As a decentralized oracle network, Chainlink (LINK) bridges the gap and feeds them the necessary data.
Due to its fall from the top twenty cryptocurrencies and heavy value loss, Chainlink (LINK) has remained undervalued for its contribution to blockchain solutions and price potential. However, the adoption level remains higher than many cryptocurrencies in the market and there is a high chance of longevity.
LINK may not make a good investment for the price, but the underlying technology is something worth paying attention to. The network’s invaluable work in securing smart contracts for chains to remain stable has no limitations.
Conclusion
Without solving problems, the cryptocurrency industry cannot reach the heights it intends to achieve. Fortunately, these blockchain platforms have taken it upon themselves to fill these loopholes – and have done well so far.
They want to be ahead of everything that lies in the positive future of crypto, and so will holders in their ecosystem. You will find more information here.