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What is NTRN

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1. What is ntrn ?

NTRN (Neutron) is a cryptocurrency based on reliable blockchain technology, utilizing the POS (Proof of Stake) consensus algorithm, and featuring the Nucleus Node system. Neutron aims to assist investors in earning incentives through staking, providing a trustworthy platform for stake-based currency.

2. Who founded ntrn ?

According to the information provided, the founder of NTRN (Neutron) is Avril. However, specific personal information and background details are not elaborately provided in these search results.

3. Which venture capitalists invested in ntrn ?

As per the information provided, Binance Labs is one of the venture capitalists that invested in Neutron (NTRN). In June 2023, Binance Labs announced to lead a $10 million investment in Neutron.

4. How does ntrn operate ?

Neutron (NTRN) is a cryptocurrency based on the Cosmos series blockchain, utilizing CosmWasm for smart contract execution, and integrated with the IBC (Inter-Blockchain Communication) protocol network. Here are key points about how it operates:

  1. Smart Contract Execution: Neutron utilizes CosmWasm to execute smart contracts on the Cosmos series blockchain, enabling support for complex decentralized applications.

  2. IBC Protocol Integration: Neutron is integrated with the IBC protocol network, allowing communication and asset transfers between different blockchains, enhancing cross-chain interoperability.

  3. Dynamic Reward Reduction: Neutron employs a "dynamic reward reduction" mechanism, avoiding traditional "halving" events. The generation rate of new Neutron tokens gradually decreases after every one million blocks, aimed at maintaining network stability and sustainability.

  4. Decentralized Operation: Neutron is maintained by a decentralized network, rather than issued or controlled by central government entities, giving it higher autonomy and censorship resistance.

In conclusion, Neutron (NTRN) offers a flexible, scalable, and decentralized cryptocurrency solution through its unique design and technological implementation.

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