3.5. Data Privacy in NAXION Block Chain Network
The NAXION mainnet establishes a private network within the GoEthereum-based Ethereum Virtual Machine (EVM). Its core framework is designed to support a robust service ecosystem, optimized for incentivized coin mechanisms and seamless smart contract execution.
With full decentralization, NAXION enables the deployment of diverse applications that evolve alongside the global commercial ecosystem. Its grid computing-powered infrastructure facilitates high-volume transaction processing, ensuring efficiency and scalability. Smart contracts on NAXION incorporate an incentive-driven model, allowing the network to function autonomously through transaction fees.
By introducing a decentralized automated application methodology, NAXION not only enhances transaction processing for financial and other services but also fosters a self-sustaining, data-driven economic model—a viable alternative to traditional centralized server structures.
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