FOIL Network

FOIL Network is a PoS/LPoS/DPoS blockchain built on Java. It is a scalable, interoperable and multifunctional blockchain network protocol, which serves as a platform for creating unique decentralized economies within a multi-tier distributed, autonomous, and circular ecosystem. FOIL as a Blockchain-as-a-Service technology, is designed to improve the integration of blockchain for real world applications.

We made a choice in favor of PoS because of the technology, environmental friendliness and safety of this algorithm. Working on it, the Foil Network will be simultaneously protected from 51%+ attacks and will not affect the environment. Our blockchain also provides sufficient infrastructure for the development of DeFi, GameFi and other applications.

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Digital ID is our technology that makes it possible to verify users directly in the blockchain. Those who wish to pass it’ll have the opportunity to choose between a public confirmation of identity and a closed one. In the case of passing the first, your real name will be open to all users, and in the second — you’ll be under a pseudonym. At the same time, everyone will have the opportunity to create accounts with both types of Digital ID.

Digital ID isn’t necessary for every Foil Network user. Only those who want to create their own NFTs, conduct IDO and show other business activity will have to pass it. You can buy tokens, hold and transfer them without passing a Digital ID.

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FOIL Network

FOIL Network

FOIL Network is a new breed of interoperable, high speed, and elastic blockchains.