Introduction
SIX Protocol : UNLEASH THE TRUE POWER OF DIGITAL ASSETS
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.
'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.
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.
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.
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.
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.
Last modified 9mo ago