|
|
|
|
|
NEW YORK, Apr 22, 2021 - (ACN Newswire) - Recently, Insider Protocol has announced that they go to Binance Launchpad with Hedge funds partnerships. The Insider Protocol project is developing very rapidly with their unique ecosystem modules. Now, the team has unveiled more core technical details about the cross-chain itself.
The project's entire ecosystem is rigged on the main index - the IPRO token. However, there are a lot of very important elements for the crypto community in addition to it. This is the speed of transaction confirmation and the commission paid by the user for this operation.
It isn't a secret that at the time this article was published, the cost of gas to pay for ETH transactions is huge and amounts to about $90, and in some cases more than $100. With such huge fees for many users, the commission very often exceeds the size of the transfer itself. As a result, people must wait until the commission becomes less or completely abandon the transfer and look for alternative ways. This is terrible and totally unacceptable in the current matter of time.
The project has achieved amazing results for several years of hard work, solving these and other very important fundamental issues for the whole crypto market.
The Insider Protocol ecosystem is a huge cross-chain project in which users can transfer their funds between many different networks without any restrictions. For example, from the ETH network, users can easily transfer the funds to the Polkadot network and vice versa. And they won't be limited to just these two networks. There will be supported next networks: Binance, Polkadot, Cosmos, Ethereum, etc.
The Insider Protocol integration modules allow developers of any projects on any networks to easily integrate amazing transaction speed of less than 1 second into their projects and apps. Along with instant transfers, the Insider Protocol team also achieved multiple reductions in the cost of commissions with less than $0.02. Moreover, the team continues to work in this direction and already understands how to further reduce the transaction cost by the time the main network is launched.
Any third-party developer can write the code itself for development in a convenient language, because the project has support for Rust, Move, C, and C ++. Leave the concept of sharding in the past. Networks can be scaled without sharding and layer 2 solutions.
Insider Protocol are now looking at Alphabit, Andreessen Horowitz, and Alameda Research for partnerships & collaboration as some of the first steps ahead of going to Binance Launchpad, where BNB coin holders will be able to receive IPRO coins.
And a little about the approach to data privacy, a new zero-knowledge-proof methodology will solve many of the existing data privacy issues quite simply as well as scalability issues. The point is that the team figured out how to change it and understood how to radically improve the entire methodology during transaction verification in the blockchain. Thanks to this, confidentiality will change significantly in the direction of privacy.
The main idea of that is to use new parameters, with the help of which any network participant can programmatically prove a particular transaction was carried out correctly and without errors. Moreover, all data of the transaction itself remains hidden. This is only possible using the zero-knowledge proof that provides excellent scalability and confidentiality. The application of this method is very wide and could turn the entire cryptocurrency market upside down. After all, while saving user data from prying eyes, endless prospects are simultaneously possible for creating any applications in the field of banking, retail, etc.
At the moment, the IPRO team is preparing to launch the mainnet which will tentatively happen in the next few months. More details about the specific dates can be found in the News section on the project's website and on the Telegram channel.
Media contact
Company: Insider Protocol
Contact: Media Team
E-mail: pr@insiderprotocol.com
Telegram Support: @ipro_support
Telegram: https://t.me/insiderprotocol
Twitter: https://twitter.com/InsiderProtocol
Website: https://insiderprotocol.com
YouTube: https://www.youtube.com/channel/UCmlbF0cq4Mul4EyDB5Na9JA
SOURCE: Insider Protocol
Topic: Press release summary
Source: Insider Protocol
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
Latest Press Releases
Paying Off Debt but Still Want to Save? Here's How to Manage Both
May 18, 2026 23:30 HKT/SGT
|
|
|
DK88 Launches New Online iGaming App for Malaysia and Singapore 
May 18, 2026 22:40 HKT/SGT
|
|
|
'Hong Kong Cinema @ CANNES 2026': Hong Kong's role as a bridge between global and Asian film markets
May 18, 2026 21:52 HKT/SGT
|
|
|
Carbonverse Pioneers a New Ecosystem of "Carbon Assets + Digital Wallet + Use-to-Earn"
May 18, 2026 21:45 HKT/SGT
|
|
|
Tyson Fury, The Gypsy King, Joins Datavault AI as International Spokesperson to Champion Athlete Data Monetization
May 18, 2026 20:37 HKT/SGT
|
|
|
Ashikaga Bank launches Fujitsu's service supporting digitalization of Inheritance Procedure
Monday, May 18, 2026 5:13:00 PM
|
|
|
Sharp to Exhibit at The 3rd SPEXA - Space Business Expo
Monday, May 18, 2026 4:34:00 PM
|
|
|
Your Go-To Travel Checklist for Smarter, Reward-Focused Travel Planning
May 18, 2026 16:32 HKT/SGT
|
|
|
Tabor Redefines Anti-Drone Testing with Software-Defined SDR Platform
May 18, 2026 16:30 HKT/SGT
|
|
|
MHIEC Receives Waste Treatment Technology Verification Report from JESC for Its Fluidized Bed-type Gasification and Reforming System
Monday, May 18, 2026 4:17:00 PM
|
|
|
|
|
More Press release >> |
|
 |
|
|
|
|
 |
|
