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About Dragonchain
Dragonchain, born at Disney in 2014, is a hybrid blockchain integrating private and public operations, enhancing data security, and leveraging networks like Bitcoin for transaction integrity. Its innovative Dragon Net system decentralizes transaction validations, boosting security, while rewarding participants with Dragons, thus underscoring the importance of its cryptocurrency, DRGN. Dragonchain simplifies blockchain engagement and protects data privacy, uniquely separating business data from blockchain proof. Its cutting-edge Interchain technology facilitates secure, diverse transactions across multiple blockchains, extending its reach to conventional sectors. The platform introduces a stringent five-level consensus model for transaction verifications, providing an added security layer. Dragonchain Foundation, a non-profit, steers its development, headed by Joe Roets, a prominent figure in blockchain innovation.
Dragonchain is a blockchain platform initially developed at Disney in 2014. It's a hybrid blockchain, meaning it accommodates both private (business) and public (external) operations. Uniquely, Dragonchain separates business data from the actual proof on the blockchain, ensuring enterprise data privacy and securing transactions through combined networks like Bitcoin and Ethereum.
Dragonchain's foundational structure, Dragon Net, epitomizes a revolutionary "blockchain of blockchains" approach, decentralizing transaction verifications to enhance block security and ensure the integrity of the data they contain. Network participants receive Dragons, credits within the ecosystem, as rewards, underscoring the central role of its native cryptocurrency, Dragon (DRGN), in influencing smart contract functionalities and incentivizing engagement. The platform's unique "TIME" concept encourages DRGN retention by offering transaction fee reductions, fostering continuous involvement and ecosystem investment. Dragonchain excels in its versatility, engineered specifically for effortless integration with existing enterprise applications, thereby simplifying blockchain adoption irrespective of individuals’ expertise in cryptography or distributed systems. It prioritizes data security and confidentiality by uniquely separating validation proof from actual data, ensuring business information remains protected during external interactions. Its advanced Interchain technology promotes secure, versatile transactions and communications across multiple blockchains, not only facilitating asset transfers but also harnessing each chain’s unique security protocols and functions. Beyond its blockchain compatibility, Dragonchain extends its reach into traditional infrastructures, injecting enhanced security and functionality into sectors like accounting, human resources, and healthcare. This holistic approach significantly amplifies the breadth and security of digital operations across various industries.