Redlight Chain

1. Summary

Ranks

Liquidity

-

Developer

-

Social

81

Momentum (beta)

0

Stack Rank™

-

Price

$0.08 0.0%

Market Cap

$0.00 (#10689)

Supply

/

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Price
52W High price	$8.08
52W High date	30th Sep 2022 (2 years ago)
All Time High (ATH) Date	26th Oct 2024 (3 months ago)
All Time Low (ATL) Date	26th Oct 2024 (3 months ago)

Supply & Trading Volume
Trading Volume (24h)	$10.00

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Description

Redlight Chain

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Redlight Chain

Redlight Chain is a Layer 1 EVM (Ethereum Virtual Machine) compatible blockchain. Designed to resolve the Blockchain Trilemma by optimizing scalability, decentralization, and security. This is achieved through a gasless blockchain, which removes the need for gas fees for transactions, smart contracts, and other interactions.

The blockchain introduces revolutionary changes compared to traditional EVM compatible blockchains. By being completely gasless, it provides an accessible and cost-effective platform for integrating blockchain technology into various industries. This feature makes it particularly suitable for large-scale applications, such as the multi-billion-dollar gaming industry, where high gas fees can limit adoption.

The project utilizes a "Pocket System" to mitigate congestion by splitting transactions, which helps to recognize and isolate network attacks. Additionally, it employs Proof of Authority to ensure security through decentralized validation and minimize potential risks from single entities.

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