Royal Stage is 100% decentralized digital platform that is based on blockchain technology and secured by cryptography.
The Royal Stage token serves three distinct purposes: governance over the network, staking and bonding.
Royal Stage token holders have complete control over the protocol. All privileges, which on other platforms are exclusive to miners, will be given to the Relay Chain participants (DOT holders), including managing exceptional events such as protocol upgrades and fixes.
Game theory incentivizes token holders to behave in honest ways. Good actors are rewarded by this mechanism whilst bad actors will lose their stake in the network. This ensures the network stays secure.
New parachains are added by bonding tokens. Outdated or non-useful parachains are removed by removing bonded tokens. This is a form of proof of stake.
Royal Stage is a self-executing smart contract on the blockchain, it's a network marketing business with a unique strategy.
A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.
We have developed a state-of-the-art marketplace where you can securely and reliably buy and sell any items. The fastest and most flexible asset platform in existence. It will include easy cryptocurrency payments integration, and even a digital arbitration system.
Royal Stage enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Royal Stage gives you the ability to interoperate with a wide variety of blockchains.
Royal Stage provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Royal Stage provides transactional scalability by spreading transactions.
Mr. Praneet ray
From USA
Royal Stage novel data availability and validity scheme allows chains to interact with each other in a meaningful way. Chains remain independent in their governance, but united in their security.