What is Paragon Network?
Last updated
Last updated
Welcome to the Paragon Network! We're changing the game in decentralized computing with our unique mix of offerings: a Modular EVM-compatible Layer 1 infrastructure, powering a decentralized Cloud computing platform with a Delegated Proof-of-Stake Consensus.
Our mission? To make decentralized tech available to everyone, focusing on security through DePIN features and providing an All-in-one Infrastructure for all things Cloud computing related. With Paragon Network, we also aim to tokenize decentralized GPU network as RWA, providing ease of access between miners/user. Paragon Network supports Optimistic rollups and ZK rollups, and provides them a low-cost data availability service that is censorship resistant.
Paragon's Layer 1 infrastructure lays the groundwork for innovative features and functionalities that extend beyond Ethereum's capabilities.
This includes the integration of the decentralized GPU network and cloud computing services, which leverage the power of Paragon's infrastructure to deliver enhanced computational capabilities and scalability to users.
But what sets Paragon apart is our RWA Integration and incorporates both Optimistic rollups and ZK rollups.
By integrating Real-World Assets with Optimistic Rollups and ZK Rollups directly at the Layer 1 level, the Paragon Network creates a synergistic ecosystem.
Users can tokenize Real-World Assets and engage in transactions with confidence, knowing that their transactions are processed efficiently and securely within the Layer 1.
This seamless integration enhances liquidity, accessibility, and trust within the Paragon Network, driving innovation and growth and use cases.
In essence, the compatibility of Paragon's infrastructure with Real-World Assets (RWA) support aligns seamlessly with its Modular, EVM-compatible Layer 1 design, decentralized Cloud computing network, DPoS consensus mechanism, and incorporation of rollup technologies. Together, these features create a robust and versatile platform for tokenizing, trading, and managing Real-World Assets in a decentralized and efficient manner.
