Name : Reef (REEF)
REEF Price : $0.00000 -0.28%
Consensus Mechanism : Nominated Proof-of-Stake (NPoS)
Volume: 791,070
Market Cap: 3,517,330
Shariah Judgement
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Shariah Status :
Last Screening: Q4 2024
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Overview
Reef is a reliable, extensible, efficient, and fast Layer-1 blockchain designed for DeFi, NFTs, and gaming. Built on the Substrate Framework, it offers high scalability with almost instant, low-cost transactions and supports Solidity and EVM, enabling easy migration of DApps from Ethereum. As the most advanced EVM-compatible blockchain, Reef features self-upgradability, on-chain governance, and innovative capabilities like EVM extensions for token bridging and smart contract upgrades. Utilizing a Nominated Proof-of-Stake (NPoS) consensus mechanism, it combines the best aspects of leading blockchains while ensuring full smart contract compatibility and low fees. Reef has already been audited by CertiK, confirming its security and performance.
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