The Neutro Protocol solves the trilemma of scalability, security and decentralization, allows for anonymous transactions and eradicates the need for centralized oracles.
The Neutro Protocol solves the trilemma of scalability, security and decentralization, allows for anonymous transactions and eradicates the need for centralized oracles. Neutro users can create a decentralized version of almost any real-world market that exists now only in a centralized system that we all use currently. Scalability, Security, Decentralization Neutro uses sharding to increase network capacity along with a novel protocol that merges proof of work with validation tokens to ensure security and decentralization in an energy-efficient way. The protocol is designed to ensure that the incentive to preserve overall health of the network is aligned with the needs of all network participants, giving the first blockchain to scale without nominating central nodes. This backbone is the first step in making Neutro a technology for mass adoption. Anonymity Anonymous transactions are part of every banking system, so they should be part of any economy, including cryptoeconomy. Neutro uses part encryption of the message to ensure that transactions are anonymous but can still be visible on the blockchain and validated. Security measures are also taken to protect transactors and ensure only honest actors prevail in validating and securing the privacy of the transactions. Decentralized Oracles Oracles centralize blockchains, but without them, the blockchain is introspective only. Neutro uses Schelling Point Schemes to bring external data into the blockchain. Any value can be arrived at using the schemes, so "stable" coins and "risk" coins can be created, assets can be invested in without the need to own them, and almost any aspect of the real world economy can be replicated and put onto Neutro's scalable, anonymous blockchain.