Saga (SAGA) is a Layer 1 protocol enabling developers to effortlessly create and scale dedicated, interoperable chains, known as Chainlets. More
Fully Diluted Valuation | $245.59M |
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24H Trading Volume | $10.27M |
24H Low / High | $0.23 / $ 0.24 |
Circulating Supply | 294.29M |
Total Supply | 1.08B |
Max Supply | ∞ |
Categories | Infrastructure 7 more |
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Founder | Rebecca Liao (CEO) |
Website | saga.xyz |
Socials | 3 more |
Chains | Saga Ecosystem |
Explorer | Sagaexplorer |
Contracts |
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Name | Pair | OG Score |
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Saga Protocol is a cutting-edge platform designed to empower developers and enhance the capabilities of blockchain applications. Here’s a clear breakdown of what Saga Protocol (SAGA) offers and why it stands out:
1. Scalability: Saga Protocol introduces Chainlets, which are dedicated chains that replicate the Saga Mainnet. These Chainlets allow applications to scale infinitely, adapting to varying performance needs seamlessly.
2. Cost Efficiency: Developers benefit from cost-effective transactions and predictable fees. Saga Protocol uses a competitive pricing model, ensuring fair rates through a daily auction among validators.
3. Easy Deployment: With the Saga WebApp, developers can deploy Chainlets effortlessly. This automation streamlines the process of creating and managing dedicated blockchains.
4. Interoperability: Saga Protocol enables smooth interaction between different chains and ecosystems. Users can transfer assets quickly and securely across Chainlets and other supported networks.
5. Security: Built on a decentralized proof-of-stake consensus mechanism using Tendermint, Saga Protocol ensures robust security for all Chainlets.
6. Leadership: Saga Protocol is led by experienced professionals in blockchain and technology, driving innovation and adoption in the blockchain space.
7. Future Outlook: Saga Protocol aims to support diverse applications, including gaming and entertainment, through its scalable infrastructure and flexible Realm framework.
Conclusion:
Saga Protocol offers a user-friendly platform for building scalable and interoperable blockchain applications. With its focus on simplicity, security, and scalability, Saga Protocol is poised to play a pivotal role in the future of decentralized technologies.
Saga Protocol stands out for its innovative Chainlets, dedicated chains that replicate the mainnet for infinite scalability and cost-effective transactions, empowering developers to create interoperable blockchain applications effortlessly.
Saga Protocol was founded by Rebecca Liao (CEO), Jin Kwon (CSO), Jacob Mcdorman (CTO), and Bogdan Alexandrescu (VP of Engineering), each bringing extensive experience in blockchain, AI, and large-scale computing.
You can buy Saga (SAGA) on Binance, MEXCBitgetGate.ioKraken cryptocurrency exchanges.
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