Crypto News

What is N1? N1, also known as N1 Protocol or N1 Coin, is a blockchain platform designed to enable fast and secure transactions. It was created with the goal of overcoming the scalability issues faced by many popular cryptocurrencies, such as Bitcoin and Ethereum. N1 aims to provide a solution for the growing demand for faster and more efficient blockchain technology. How does N1 work? N1 utilizes a unique consensus mechanism known as the Proof-of-Credit (PoC) algorithm. This algorithm allows for high transaction speeds by using a combination of credit scores and transaction validation. The PoC algorithm also ensures decentralization and security by requiring a large number of validators to approve each transaction. Why is N1 gaining popularity? N1 has been gaining attention and popularity in the crypto community due to its impressive transaction speeds and innovative consensus mechanism. With the ability to process 100,000 transactions per second, N1...