Future proofing the NEO ecosystem? Trinity Protocol review.

TNC seeks to assist the NEO ecosystem with offchain transactions.

START WITH THE ‘WHY’.

We create roads to provide a path from a point of origin to a destination. The more traffic that travels along the road the more congestion that happens. The more congestion, the slower the travel and the longer the journey.

The NEO platform currently offers speeds of 1,000 transactions per second, more than capable to handle the current volume of traffic. However, as NEO continues its ascent to the top of the blockchain platforms, that traffic will increase and result in heavier congestion.

Introducing the Trinity Protocol. Trinity offers the solution to congestion on the NEO blockchain by offering an off-chain transaction system, allowing more transactions via state channel technology. This works similarly to the lightning network for bitcoin or the raiden network for Ethereum.

The result is real-time payments, low transaction fees, scalability and privacy protection for NEO assets.

Trinity Network Credit (TNC), review.

HOW IT WORKS.

Trinity aims to provide safe and convenient blockchain services to its users through its fast and secure off-chain payment channels, and only settling the final balance on the Neo mainnet.

As experienced on other platforms such as Etherium, apps are likely to cause network congestion or even crash. Trinity believes app instructions shouldn’t consume computing resources of the mainnet, therefore transaction records of a whole day only need to be written onchain once.

Trinity has its own utility token called Trinity Network Credit or TNC, a standard NEP-5 token. TNC fuels the network and provides incentives for the token holder. Users only need to pay a small amount of fuel fees to conclude complicated transactions.

All operation instructions are implemented in the form of transactions.

“A curved road surrounded by forest land near blue oceanic water.” by Scott Taylor on Unsplash

TL;DR.

The trinity team’s innovative thinking results in a project that significantly enhances user experience in the blockchain community, with NEO’s entire ecosystem to be fully supported.

Trinity provides solutions to tomorrow’s problems today.

To join with Trinity, visit trinity.tech.