THE RAZOR NETWORK RECENT ACHIEVEMENTS

INTRODUCTION

Data and information are one of the essential factors that is necessary in the global world especially in Blockchain system network. Over the years, Blockchain enthusiastic have recorded significant loss in financial resources due to data loss which has impacted the financial backers in entrusting their resources into the network system. This has led to designing and creating of a system platform know as Razor Networkwhich implements certain properties in performing the required functions like providing censorship resistant from security partition attacks thereby offering safety and scalability to users token in the administrative system.

The system implements the integration of Validators service that locks their token in form of Stake to ensure the provision of the data network to the community members in the ecosystem.

CONCEPT OF RAZOR NETWORK

Razor network is a decentralized platform system that is configured with smart chain contract and oracle solution with an essential aim to obstruct any weaknesses of any threat and attack that can influence transactional exercises of stackers during stacking pool activity among the financial backers and to protect blockchain data in the administrative system. The essential objective in planning this step is to guarantee maximum level strength and security of the two stackers and customer’s tokens from various attacks that may affect the cycle control in cooperation with the network administrator. Razor network is a decentralized system that implements frictionless design protocol network control and cycles the valuable and reliable arrangements that can be feed into the blockchains that offer security and safety of tokens in their network.

ACHIEVEMENTS OF RAZOR NEWTWORK

Razor team has implemented the integration and deployment of contracts to remove the mint method and fixed the security issues users experienced on the Matic Testnet Network with the init function to set up users’ addresses on the system platform.

The Razor teams have improved their Technology update from an old version to a complex version which has an incentive to increase the bump glob-parent from 5.1.1 to 5.1.2 and bump normalization URL from 4.5.0 to 4.5.1. In addition to this, the platform system has added some restrictions to Schelling Coin add minter and remove minter on the network system which will effectively minimize loss of financial rewards token holders experienced during staking.

The system platform has implemented some changes on the network system like replacing of Gorli address to Matic Address, exported and added commit StateCheck in unstake & withdraw, dissolving of constant library & creation of a new version of separated parameters contract for token holders and increasing the state length to 75 while reducing the set limit to Matic Block time as some of the essential perquisites in providing further transparency, accountability and improving the network service for the benefits of users and token holders in the ecosystem at large.

CONCLUSION

Razor network is a centralized system in a commercial market that offers more noteworthy scalability and security in the transaction and staking pool. Additionally, this platform system provides the users and token holder’s rest of mind as far as the wellbeing and safety of their tokens are concerned due to the complex design of the security network that the platform offers in protecting and ensuring maximum security of investors’ tokens.

For more information, kindly visit https://razor.network

Article Written By : Adasofunjo Michael Oluseye