Market Problem:
Currently, we have more than 800 blockchains, and 1 HUGE problem
Lack of infrastructure solutions for the interaction of blockchains with each other.
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No blockchains and protocols communicate with each other.
All countries, regions, banks, corporations, and people can communicate with each other, and all of us understand that communication is only one way to run the world and bring all our minds into every house.
YAR solution:
Establish high-level communication standards (protocol, layer) which take support all types of existing private and public blockchains and protocols. The protocol should have an automation center that can create links between connected entities and of course it should be yet another blockchain. Of course, this blockchain should support smart contracts with end-to-end security states and should have a featured interface for communication person-2-person, person-2-many-persons, many-persons-2-many-persons, and many-persons-2-person. This blockchain should be established like a fully decentralized issuer. That is why we choose EVM as the root of the new blockchain and PoS as the dominant consensus. The new blockchain will be managed like DAO by node-validators. It means that all discussed changes in blockchain logic and mechanic will become reality only after the node-validators vote. It means that the transaction fee will always cost less than 0.01$ no matter what will YARcoin price is. It means that all needed updates will be implemented just after voting will be done.
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It's so cool. But I want to know what's the difference between YAR and other cross-chain bridge protocol? such as Layer Zero.
@jensen_chen Hey, Jensen, thank you for the question.
Based on the description, COSMOS and PolkaDOT are Layer 0 solutions for creating new blockchains that can communicate with each other.
YAR is betting on the unification of all existing blockchains and systems into a single communications network. YAR is not a replacement for any other blockchain or platform. We are positioning YAR as a blockchain interconnector. Our team is creating a new product in which we will unite the entire blockchain world, allowing developers to use the necessary technological solution of one or another system, accelerating the development and integration process into the real world.
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This product, in my opinion, is very high-tech, and today it is very relevant in the development of the blockchain technology industry. Undoubtedly, YAR will take a high place in the digital world!
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Yar is future of Blockchain!
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Благодаря Yar, технологии и продукты blockchain прочно и глубоко войдут в повседневную жизнедеятельность человечества, причем во всех сферах жизни
YAR
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