What is Bitindi Chain ($BNI) ?
Bitindi Chain (Bitindi) is a decentralized, high-efficiency, and energy-saving layer-1 public chain. It is compatible with smart contracts and supports high-performance transactions. The endogenous token of Bitindi is $BNI and it adopts the PoS consensus mechanism. Bitindi will continue to onboard billions of users with ultra-fast transactions, tiny fees, easy-to-use apps, and environmentally friendliness.
Framework
Bitindi consists of an architectural framework with strong guarantees:
Sustainability
Bitindi Chain's main goal is to create a user-centric sustainability-driven ecosystem, and it is able to achieve this by having sustainability embedded inside the Bitindi Chain consensus mechanism and runtime logic. Thus, making sure that sustainable participation in the network or in the real world is highly incentivized.
Security
The cutting-edge technology that is used to build Bitindi Chain plus the BPoS allows Bitindi Chain to have strong security guarantees that other older blockchains lack.
Scalability
Bitindi Chain is able to achieve high transactional by shading and it enables the migration of real-world use cases that need high scalability promises on-chain.
Democracy
Older blockchains have no governance procedures and this has led to chain maximalism. Bitindi Chain's sophisticated and transparent governance mechanism allows everyone to democratically participate in the network and propose changes.
Interoperability
Bitindi Chain has the ability to interoperate with a variety of blockchains, enabling cross-blockchain transfers of any type of data through bridges.
Problems Bitindi is Solving:
Problem
Fragmentation of liquidity due to lack of interoperability.
Solution
Bitindi will use the technology we have developed to be cross blockchain interoperability.
Problem
Lack of mass adoption due to a high knowledge barrier for non-crypto-native end-users.
Solution
Bitindi will feature a mobile application & web application layer designed to bring non-crypto-users into the Bitindi ecosystem. Creating this mobile app & web application will allow Bitindi to tap into the demographic that mainly uses smartphones and smartphone applications. It will also allow us to create a simplified UI to bring in new users.
Problem
New projects cannot tap into cross-chain liquidity and multi-chain user base immediately to grow their projects from the start.
Solution
Bitindi technology and inherent interoperability will allow new projects to list their tokens on all blockchains supported by Bitindi by listing on Bitindi Dex.