REI Network REI Price $ 0.0876

REI Network (GXChain2.0) is an EVM-compatible public blockchain. As an Ethereum para chain, it owns the features of lightweight, free and dev-friendly. REI Network is to effectively solve the current high cost and low-efficiency problems of public chains. Therefore, REI Network can achieve free, low-cost development, and rapid migration of applications, and can be shared and symbiotic with the EVM ecosystem, also supporting the development of Defi, GameFi, and NFT.

REI Network is not a new project, but an upgraded version of GXChain. REI was developed to better adapt to the development trend of the blockchain, and to achieve a lightweight, Ethereum compatible, higher performance, and no fee blockchain framework. New Features:

• Compatible with EVM
• Compatible with Ethereum's RPC and Websocket interfaces, and can support GRPC in the future
• Rewrite the network module and use Libp2p instead of Devp2p (current Ethereum client solution), because we believe that Libp2p has better standards and can achieve better versatility and scalability
• Realize lower resource consumption through the design of tokenomics (Gas Free)
• Realize Systems contracts that can be soft-forked and upgraded. These contracts include: Staking/Slashing, ResourceManager and IBC contracts, etc.
• Achieve a more efficient and more random consensus: DPoS+BFT, to ensure decentralization and be more green power
• Realize the abstract consensus module, so that the code of REI Network can be easily combined and become a chain-making tool.

REI DAO is a decentralized governance community, a manifestation of the REI Network blockchain spirit of being more decentralized, open and transparent in its governance model, and returning on-chain governance to each REI holder.