Evgen_by | Injective

發布於 2023-06-22到 Mirror 閱讀

What is Injective and why do market leaders choose it?

Many users still do not understand how Injective works, what it can give and what great opportunities it opens for developers, as well as ordinary users. That is why I would like to take a closer look at the structure of this network.

Here we learn:

  • What is Injective?

  • Why choose Injective and what are its key features?

  • What can you create together with the Injective team?

  • Released Injective-based applications

  • Conclusion

What is Injective?

Injective is the fastest Tier 1 blockchain, built on Cosmos SDK and using Proof-of-Stake consensus mechanism, which provides throughput of 25000 tps (transactions per second) with transaction completion rate of 0.01 seconds, which is many times faster than other networks and with zero commission. And for example everybody's favorite Ethereum (ETH) has bandwidth of 14 tps, whereas its commissions... sorry, I don't even want to say, but I think you can see it yourself. Injective was created to simplify and speed up many times the process of creating DeFIs (decentralized financial services) and dApps (decentralized applications using smart contracts). Security is also very important and that is why Injective and all its partners have enormous development potential and have already contributed indescribably to the development of Web3 infrastructure.

Why choose Injective and what are its key features?

High degree of safety

Injective is powered by Tendermint in a Proof-of-Stake network. It is protected by a group of well-known validators around the world and is trusted by leading institutions.

Dynamic smart contracts

The new generation of CosmWasm smart contracts are used, capable of working offline while respecting all principles. With the flexible Rust-based development package, you can create decentralized applications.

The latest Web3 modules

You'll be able to access Web3's leading plug-and-play modules to create revolutionary dApps in the fastest and most reliable way, because they involve interaction with financial applications such as trading, credit, savings and more.

High adaptability to DeFI

Injective is the first MEV-resistant L1 protocol with lightning-fast transaction speeds, instant completion, and virtually zero fees. You can use this to build your DeFI applications that can reach a billion users in the Web3 ecosystem.

Unprecedented compatibility

Injective is one of the most compatible networks that supports connectivity to leading blockchains such as Ethereum, Cosmos and Solana, as well as supporting IBC. This is why you can create dApps that will access all the most popular assets, bridges, oracles and wallets.

High liquidity

Injective has extensive liquidity support from day one to maximize capital efficiency. It offers a common liquidity environment that is supported by a highly proactive and rapidly developing community and integrated with the most prominent financial institutions

What can you create together with the Injective team?

  • Exchanges

  • Lending protocols

  • Derivatives

  • Savings

  • Insurance

  • Options

Conclusion

Now we understand what Injective is, why the market leaders choose it and have high expectations of it, and we have learned all the key features of this network.

I hope I was able to convey at least a little bit the contribution to the development of the entire Web3 infrastructure and the new branch of the entire crypto-industry development, which Injective project has provided, is still providing and will continue to provide many times faster, because do not forget that recently they also opened the Ambassador program, which will introduce this project to a growing number of people and companies. So I would not be at all surprised if soon it will start to be talked about on every corner.

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