Introduction

SIX Protocol : UNLEASH THE TRUE POWER OF DIGITAL ASSETS

Origin Story

SIX Protocol emerged from the need to adopt blockchain technology for the business industry as the adoption rate of the blockchain has been continuously increasing.

The core idea for the Protocol is to help businesses that want to create or migrate their current business to the blockchain by providing valuable toolkits and channels to communicate between the application and the SIX Protocol Chain with a collection of APIs that can help the developers integrate their applications to SIX Protocol.

What is SIX Protocol?

SIX Protocol is a blockchain platform that aims to provide a secure and efficient infrastructure for businesses to build and deploy decentralized applications (dApps) and services. It is designed to be scalable and flexible, making it suitable for a wide range of use cases.

One of the key features of SIX Protocol is its cross-chain capabilities, allowing tokens and other assets to be easily transferred between different blockchain networks. This enables businesses to access a larger user base and leverage the benefits of different blockchain ecosystems.

SIX Protocol uses a proof-of-stake consensus mechanism, where validators are rewarded for securing the network and verifying transactions. The platform also offers staking opportunities for Business and individual users, allowing them to earn rewards for participating in the network's operation.

'SIX Protocol' - Infrastructure Blockchain for Business Development

SIX Protocol is an infrastructure blockchain layer built to facilitate enterprises from all industries to build, create, or migrate their business onto the blockchain.

Why SIX Protocol?

As SIX Network's first-ever public blockchain, SIX Protocol aims to provide interoperable smart contract deployment space. The network is a decentralized and innovational playground for developers to efficiently and securely launch smart contracts using proven frameworks.

SIX Protocol also utilizes the contract module, "CosmWasm," which allows decentralized applications (dApps) built on secure multi-chain smart contracts.

EVM Compatible

SIX Protocol is a blockchain infrastructure that has been designed for real-world businesses built on Cosmos and has been upgraded to support the Ethereum Virtual Machine (EVM), offering new opportunities for users to create decentralized applications (dApps).

Cosmos SDK

The SIX Protocol Chain is built using the Cosmos SDK framework, a blockchain framework that utilizes Inter-Blockchain Communication (IBC) to enable cross-chain utilities. The Cosmos SDK framework is also a generalized framework that simplifies building secure blockchain applications on top of Ignite (formerly known as 'Tendermint').

SIX Protocol Chain also built additional modules specifically for our protocol, including Protocol Admin and Token Manager.

Inter Blockchain Communication (IBC)

The Cosmos ecosystem's core is the Inter Blockchain Communication Protocol (IBC), which sets the avenue for an interoperable base layer 0 to transfer data across many independent networks supporting IBC.

This marks our first step for the SIX Protocol to enable cross-network smart contracts as the IBC Protocol is a standard we use to connect SIX Protocol to other chains in the Cosmos ecosystem such as Osmosis Cosmos, Juno, etc.

Ignite

Agreement on the SIX Protocol network is reached via Ignite BFT consensus (formerly known as 'Tendermint')

Ignite BFT is a solution that packages the networking and consensus layers of a blockchain into a generic engine, allowing developers to focus on application development instead of the complex underlying protocol. As a result, Ignite saves hundreds of hours of development time.