What is Saga?
Saga (SAGA) is a Layer-1 blockchain protocol designed for developers to create customised blockchains specifically for Web3 applications, with a strong emphasis on gaming. Unlike traditional blockchain protocols, developers do not launch directly on the Saga Mainnet. Instead, they create their own interoperable chains known as chainlets.
Understanding Chainlets
Chainlets are a key innovation within the Saga ecosystem, allowing multiple chains to operate in parallel. This capability powers decentralised applications (dApps) and supports apps on various chainlets within the Saga network, facilitating horizontal scaling. The flexibility provided by chainlets is particularly beneficial for developers looking to optimise performance and scalability for their projects.
Technical Foundation
Built on the Cosmos ecosystem, Saga utilises the interchain web development standards of Cosmos. These protocols enable seamless communication between a diverse range of blockchains, which enhances the functionality and interoperability of the Saga network. This integration supports the goal of making blockchain development smoother and more flexible for developers.
The SAGA Token
SAGA serves as the native utility token of the Saga ecosystem. It plays several critical roles, including:
- Chainlet Payments: The SAGA token is used for transactions within chainlets.
- Protocol Governance: Token holders can participate in governing decisions that shape the direction of the protocol.
- Staking Rewards: Users can stake SAGA tokens to earn rewards either in SAGA or other cryptocurrencies available in the Saga network.
Mission and Vision
Saga aims to make blockchain development accessible, scalable, and user-friendly. By providing developers and builders with essential tools and a supportive platform, Saga seeks to empower them to achieve their Web3 ambitions and drive innovation in the blockchain space.
Official Resources and Community Links
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