Multichain Functionality
One of the most significant advantages of NerveFlux project is its ability to support and run on multiple blockchains. By using multiple blockchain NerveFlux marketplace will provide a simplified and secure gateway to real estate investment. It makes NerveFlux and its Baby Nerve(BNRV) tokens accessible to almost every crypto user around the globe.
NerveFlux will initially use Polygon, Ethereum, Binance, and Solana blockchains. Down the line, there will be more blockchain networks available in the NerveFlux ecosystem. Using multichain functionality allows easy communication and interaction between the blockchains so that users can utilize the project across different networks. It creates a sort of internet of blockchains that allows users to transact across multiple chains at the same time without needing to move their assets from one network to the another.
Benefits of Ethereum Network: Ethereum blockchain was launched back in July 2015. Today it is the largest and most well-established, open-ended decentralized software platform. Ethereum enables building and deploying smart contracts and decentralized applications (dApps) without downtime, fraud, control, or interference from a third party. To accomplish this, Ethereum comes complete with its own programming language that runs on a blockchain. A maximum of 4 million BNRV tokens will be circulating in the Ethereum blockchain network. In other words, there will be 4 million Nerve ERC-20 tokens available for consumers, which means that BNRV is compatible with other Ethereum-based digital currencies.
Benefits of Polygon: The Polygon platform functions using the Ethereum blockchain. Its main operation is to connect Ethereum-based projects. By using the Polygon platform, NerveFlux increases the flexibility, scalability, and sovereignty of the project while still affording the security, interoperability, and structural benefits of the Ethereum blockchain. Although Ethereum is one of the most used blockchain networks, there are some limitations. That is why NerveFlux also introduces the Polygon blockchain despite using the same foundation. Ethereum blockchain gas fee is a bit higher, and it can roughly process only 17 transactions per second. Polygon solves those issues by processing transactions on side chains. It allows Polygon to handle up to 65,000 transactions per second while maintaining a low gas fee. For all those added benefits of Polygon Blockchain, there will be a maximum of 4 million BNRV tokens available for the users in Polygon blockchain.
Benefits of Binance Smart Chain: As of now, Binance smart chain is one of the world’s fastest blockchains. It is well known for its lightning-fast transactions. In a Binance smart chain (BSC), individual blocks are made every 3 seconds, unlike Ethereum, which takes 13 seconds. Moreover, the exchange vetting of every validator on the network, which ensures the security and reliability of the blockchain development, participates in the PoSA consensus. Binance Smart Chain uses a consensus algorithm known as Proof of Staked Authority (PoSA), where 21 validators stake BNB, the native token for the Binance ecosystem, to secure the network. NerveFlux will utilize the Binance Smart Chain (BSC) network to circulate a maximum of 4 million BNRV tokens.
Benefits of Solana: Solana blockchain ensures composability between projects without having to deal with multiple shards or layer-2 systems. This makes it easy for the average consumer. Besides, Solana can process up to 50,000 transactions per second with extremely low gas fees (less than 0.01 USD). All things considered; it is a no-brainer not to utilize the Solana blockchain in favour of the NerveFlux project. There will be a maximum of 2 million BNRV tokens obtainable in the Solana blockchain.