Dragonchain (DRGN) price

Dragonchain (DRGN) was originally created at Disney in 2014. The system was focused on solving business problems at an enterprise scale. In 2016, Disney released the platform under an open source license. The original team from Disney commercialized the platform in 2017.

The goal of Dragonchain

Dragonchain is an affordable hybrid blockchain software development platform, offering secure and fast deployment of blockchain powered business solutions written in any programming language, interoperable with any external blockchain, legacy system, and application, hosted in any cloud or on-premise environment.

The architecture of Dragonchain

Dragonchain established Context Based Verification as its consensus model. Every transaction is immediately usable on a trust basis, and in time is provable to an increasing level of decentralized consensus. A transaction will have a level of decentralization to independently owned and deployed Dragonchain nodes (~700 nodes) within seconds, and full decentralization to BTC and ETH within minutes or hours. Level 5 nodes (Interchain nodes) function to secure all transactions to public or otherwise external chains such as Bitcoin and Ethereum. These nodes scale the system by aggregating multiple blocks into a single Interchain transaction on a cadence. This timing is configurable based upon average fees for each respective chain.