Draken Price(DRK)

Draken is a distinctive cryptocurrency project that aspires to enhance both the efficiency and security of blockchain transactions. By moving beyond the traditional Proof-of-Stake (PoS) consensus mechanism utilized by established platforms like Ethereum 2.0, Draken introduces an innovative model called Proof-of-Honor (PoH). This new consensus protocol is designed to encourage developers to engage with more users actively and generate heightened transaction volumes.

A core feature of Draken is its privacy protocol, DaRK, which offers what can be termed as “privacy on demand.” This functionality is significant, as it enables smart contracts to operate with a level of confidentiality that is generally not attainable with conventional privacy-focused systems. DaRK leverages a blend of leading privacy technologies, making Draken a potentially versatile player in the burgeoning web3 space.