Neutron (NTRN) is an intelligent contract platform developed using Tendermint and Cosmos SDK, designed to facilitate cross-chain smart contract distribution.
Neutron allows developers to easily build cross-chain applications over Inter-Blockchain Communication Protocol (IBC) and provides DeFi dApps with the full economic security of the Cosmos Hub. Neutron is the first blockchain secured by Interchain Security (RS), a feature that secures communication between chains in the Cosmos ecosystem.
Neutron's features:
- Security: Neutron provides applications with a higher degree of security at a lower cost through Interchain Security. CosmWasm, its virtual machine, prevents most attack vectors commonly used against Solidity smart-contracts.
- Cross-chain interoperability: smart-contracts applications can trustlessly and securely own accounts on other blockchains, execute transactions, receive acknowledgements and execute callbacks, as well as retrieve data from other blockchains.
- Reduced overhead: CosmWasm developers benefit from standardized tooling, an established compiler and numerous libraries for Rust, a secure and high performance programming language widely used outside of web3.
NTRN is a native coin of the Neutron ecosystem, operating on Cosmos and can be used to:
- Network Fees: Pay for transaction fees on the network.
- Governance: NTRN token holders control the network parameters and treasury through governance.
- DeFi: NTRN can be used throughout its DeFi ecosystem as liquidity, collateral and reward token.
Specifications
- Name: Neutron
- Symbol: NTRN
- Platform: Cosmos
- Type: Utility, Governance
- Total supply: 1,000,000,000 NTRN