What is Cascadia Foundation? Cascadia Foundation is a Layer 1 built to be a hybrid blockchain that incentivizes incentives for distributed networks.
To understand more about Casacadia, people can read some of the articles below:
- What is Blockchain Layer 1? The Importance of Layer 1 in the Crypto Market
- Overview of the entire Layer 1 for the Next Cycle 2024 – 2028
- Podcast #8 | Why Do I Spend So Much Time On Ethereum And Layer 1
What is Cascadia Foundation?
Overview of the Cascadia Foundation
Cascadia Foundation is a Layer 1 blockchain built to incentivize incentives for distributed networks. Incentive design is one of the most important fundamental components of the network.
Additionally, Cascadia Foundation is compatible with EVM optimized for fairness, speed, and security. With the mechanism of applying the Tendermint DPoS consensus algorithm, the flexibility and ease of customization of this algorithm. Cascadia seeks to create a unique value proposition by diving deeper than the consensus layer, to explore emerging behaviors and incentive alignment in complex adaptive systems.
Cascadia Foundation’s operating mechanism
Cascadia Foundation’s network structure includes the following:
- Cybernetics (Cybernetics): Cascadia will implement two types of feedback loops. A loop will make adjustments based on observations of the system’s output. The other will recognize environmental changes and replace outdated information in the system with new data. The purpose of a cybernetic system is not to maintain the status quo but to be adaptable to new data.
- Governance: CProvides an overview of Cascadia’s on-chain governance system, focusing on vote escrow as the determinant of each account’s voting power. This section covers various aspects of the governance system, such as proposal submissions, voting times, quorum requirements.
- Validators:
Cascadia is built on Tendermint, which depends on a group of validators that add new blocks to the blockchain. Validators and their delegators receive tokens from transaction fees as block rewards.
The Cascadia Foundation difference
The biggest difference of Cascadia Foundation is using the veTokens model, introduced by CurveDAO. The project’s native token is CC, and the veToken form is bCC.
Development roadmap
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Investors
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Core Team
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Tokenomics
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Exchanges
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Project Information Channel
- Twitter: https://twitter.com/CascadiaSystems
- Telegram: https://t.me/CascadiaFoundation
- Discord: https://discord.com/invite/cascadia
- Github: https://github.com/CascadiaFoundation
Summary
Cascadia Foundation is an EVM-compatible Layer 1 blockchain network through key products to optimize protocol speed and security for a smooth user experience. At Cascadia Foundation, we can also participate in validators with many different mechanisms.
Through this article, you probably have some basic information about the Cascadia Foundation project to make your own investment decisions, and leave comments and suggestions for yourself in the next articles. Please!