What is a DAO and why do we need one? Wikipedia defines DAO (Decentralized Autonomous Organization) as an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. As the rules are embedded into the code, no managers are needed, thus removing any bureaucracy or hierarchy hurdles. Some…

The consensus mechanism is the soul of the blockchain. It is the rules and laws that maintain the proper functioning of the blockchain world, and it makes it possible for strangers to make transactions in an environment where there is no third party as credit support. …

What is IBAX Eco-Token Payment Method

In the process of human civilization development, both nature and society will progress and change with the principle of superiority and inferiority. …

Creating a DAO in the IBAX network is very easy, creating an ecosystem means building a DAO organization. DAO is a decentralized autonomous organization, this organization is not governed by individuals and management, the rules and governance of each DAO are autonomously written and encoded in a smart contract on…

Dear users First of all, thank you very much for the support and attention of our early loyal users who gave us many insightful comments during the product preparation phase. Since the IBAX Network launched beta network this year, users and community attention has been escalating, our telegram group from…

IBAX Network is an integrated blockchain infrastructure with extreme compatibility that adopts micro-services. It is a practical enterprise-level service product based on a blockchain network and launched after years of experience in core fields like distributed parallel computing, PaaS, BaaS, data management,and secure encryption. IBAX has been preparing for a…

Blockchain terminology can be a feat to figure out, especially if you’re in the early stages of exploration. Here’s a blockchain lingo guide to help you navigate the exciting frontier of Web3. A Address (Wallet Address) Used to send and receive transactions on a blockchain network. An address is an alphanumeric…

Blockchain technology is not only a backup network for encrypted currencies, but also provides more functions. So, what are the key features of blockchain that make it so irresistible? Why is it so popular? Let the following six elements tell you. Immutability There are some exciting blockchain features but among them…