The Plug Chain is a revolutionary crypto network launched in August 2021 by a team of developers based in China. As an extensible intelligent contract platform, it facilitates the development of Non-Fungible Tokens (NFTs) on the main network, as well as the construction of Decentralized Exchanges (DEX) on the secondary network. The team has plans to further simplify the token generation process and create standard contracts at the click of a button. Future development endeavors will primarily focus on the Oracle network protocol. The Oracle protocol is set to host large amounts of data in 2023, seamlessly blending blockchain data with real-world information. This integration intends to allow developers to construct decentralized applications with increased efficiency and reduced effort on the Plug chain.
Extensible Intelligent Contract Platform
The Plug Chain Network serves as a versatile platform that enables the development of various applications. Notably, it facilitates the creation of NFTs on the main network, a significant aspect of the current cryptosphere. Additionally, it promotes the construction of DEX on the secondary network, further enhancing its utility in the field of decentralized finance (DeFi).
One-Click Token Generation and Standard Contracts
The team behind Plug Chain plans to introduce one-click token generation, a critical step in the tokenization process. This feature, coupled with the capacity to create standard contracts at a mere touch, drastically simplifies the overall process, thereby promoting adoption and utilization of the platform.
Future Focus: The Oracle Network Protocol
Future developments on the Plug Chain Network will be largely focused on the Oracle network protocol. This protocol is anticipated to host extensive data volumes by 2023, providing an effective solution for integrating blockchain data with real-world information. This innovative approach is expected to make it considerably easier for developers to build decentralized applications on the Plug Chain with greater efficiency and lesser effort.
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