🆕VagaChain Network
The VagaChain Network is built upon a set of open protocols, ensuring a decentralized, scalable, and secure environment for its users. It's designed to be the foundation for a new era of decentralized applications (dApps), offering unparalleled speed, security, and flexibility.
Core Components
Tendermint BFT: VagaChain utilizes the Tendermint consensus, a Byzantine Fault-Tolerant (BFT) consensus algorithm, ensuring rapid finality and high transaction throughput of over 7855 transactions per second.
Inter-blockchain Communication (IBC): VagaChain incorporates the IBC protocol, enabling seamless communication and asset transfer with other blockchains.
Security and Decentralization: Validators uphold network security through the Proof-of-Stake (PoS) consensus mechanism, ensuring decentralization and resistance against malicious threats.
On-Chain Governance: VagaChain features a decentralized governance mechanism, allowing stakers and delegators to have voting rights in network governance proposals.
Modularity: VagaChain's architecture is modular, allowing for enhanced scalability and upgradability without altering the core structure of the blockchain.
Distinctive Features
Regulatory Compliance: VagaChain integrates on-chain data protocols for ESG, Sustainability, and Carbon Footprint reporting, along with predefined Life Cycle and Digital Product Passport protocols.
Asset Tokenization: VagaChain supports a diverse range of assets, from NFTs to Cryptocurrency (Tokens), and Fiat Stable Coins.
Economic Efficiency: VagaChain offers extremely low transaction (gas) fees, ensuring cost-effective operations.
Sustainability: Designed for low emissions, VagaChain aims for a Net-Zero carbon footprint.
VagaChain Block Explorer
The VagaChain Block Explorer provides a detailed and transparent overview of all on-chain activities. Users can access real-time data on transactions, blocks, and other network-specific metrics, ensuring comprehensive insight into the VagaChain Network's operations.
Access the VagaChain Block Explorer
VAGA Software Development Kit (SDK)
The VAGA SDK is an open-source framework that provides developers with the tools and abstractions necessary to build and interact with applications on the VagaChain blockchain. It simplifies the complexities of blockchain development, allowing for a focus on application logic. Designed for compatibility, applications built using the SDK can seamlessly integrate with other systems, EVM-based blockchains, and chains within the Cosmos ecosystem through the IBC protocol.
The toolkit is set for release in 2024, furthering Vagabond's commitment to a robust developer ecosystem.
WASM Smart Contracts
VagaChain uses WebAssembly (WASM) to process smart contracts. Rust is the preferred programming language for writing smart contracts on VagaChain, although JavaScript and Typescript may be used as well.
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