
REI Network REIPrice $ 0.0258
Rank: 805
REI Price
REI Network (REI) Chart
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What is REI Network (REI)?
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.
REI Network Price Today
REI Network's current price is $ 0.0258, it has dropped -5.15% over the past 24 hours.
REI Network's All Time High (ATH) of $ 0.359 was reached on 29 Mar 2024, and is currently -92.8% down.
The current circulating supply of REI Network is 977.01 Million coins, and the maximum supply of REI Network is 1.00 Billion.
REI Network’s 24 hour trading volume is $ 1.70 Million.
REI Network (REI) operates on its own blockchain.
REI Network's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 25.24 Million.
You can find more details about REI Network on its official website and on the block explorer.
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