REI Network Partners With ROBURNA
REI Network has announced a partnership with the next-generation, carbon-neutral blockchain, ROBURNA. This collaboration aims to work on development initiatives, explore interoperability solutions, and promote adoption across various industries.
Refer to the official tweet by REI:
REI Network｜From #GXChain!@GXChainGlobalFeb 15, 2024ROBURNA @Roburnaofficial, the next-gen carbon neutral blockchain powered by green energy now joins hands with REI Network.🤝
Together, we'll collaborate on development initiatives, explore interoperability solutions & drive adoption across diverse industries. https://t.co/XjJDoi3JRY pic.twitter.com/RjQCtsaHT7
REI Info
REI Network, previously known as GXChain, is a restructured EVM-compatible blockchain. With its focus on lightweight structure and optimal performance, it aspires to provide a no-fee blockchain infrastructure, while retaining compatibility with the Ethereum Virtual Machine (EVM).
The operational foundation of REI Network is built on a DPoS+BFT consensus algorithm, which accentuates efficiency and energy conservation. The network comprises System Contracts, a suite of intrinsic contracts that facilitate essential functionalities such as staking, inter-blockchain communication (IBC), and resource allocation.
REI, the proprietary token of the network, serves multiple crucial roles within the ecosystem. It is a medium for transaction gas fees, enabling smooth transaction verification. REI also empowers its holders with governance capabilities, allowing them to actively participate in REI DAO’s decision-making process. Additionally, individuals aiming to validate transactions within the REI Network can stake REI tokens to pledge their commitment as network validators.