Saga (SAGA) is a Layer-1 blockchain protocol that offers scalability and automation for decentralized applications (dApps). It utilizes a unique blockchain architecture called Chainlet, where developers can create dedicated chains for specific applications, reducing the load on the main network and providing tailored solutions. Saga achieves infinite horizontal scalability by parallelizing the creation of Chainlets, all maintaining the same security model and a set of shared validators with the Saga mainnet. The native crypto of the protocol is the SAGA token, which is used for transactions, network governance, and purchasing services and tools. The project has experienced a positive trend in the market, with increasing interest in its scalability and interoperability solutions. Saga is listed on popular centralized crypto exchange platforms, including Binance. The project was launched in April 2024 and has a team of experienced leaders. Saga aims to revolutionize the blockchain sector by making scalability accessible to all developers and focuses on sectors like gaming and entertainment. The protocol is designed to be flexible and adaptable, ensuring high performance for applications with intensive traffic demands. The Saga ecosystem is based on the SAGA token, which serves as a means of exchange and participation in network governance. Saga represents an opportunity for those interested in modular blockchains and the scalability of dApps, but it is important to consider the volatility and risks associated with crypto investments.
- Content Editor ( en.cryptonomist.ch )
- 2024-11-10
Saga (SAGA): a complete guide to the blockchain multiverse