ANT EAGLE is not just a random name, It is an amazing amalgamation of immeasurable qualities of hidden gems of nature and those are an ant and an eagle that further defines our vision.

We at the AntEagle ecosystem majorly works on the technology of cryptocurrency blockchain which is very well represented by an ant because an ant might look tiny but can achieve bigger goals by its quality of working collectively. This is what a blockchain does, It believes in the fundamentals of collectivity. Before knowing the blockchain technology we use let us introduce to you three kinds of tokens that Ant Eagle offers, with services.

But the significance of our name is not only limited to the ant, it also engulfs an eagle in it which represents the further goal of the company, which is to achieve greater heights and have a clear and sharp vision like an eagle.

Eagle ant is our first cryptocurrency and the best of it is that it offers a one of its kind service that is decentralized video rendering.

Decentralized video rendering is a life-saving feature for people who struggles with the huge amount of time involved in video rendering. It might take even more than five hours at a time, resulting in sheer wastage of time and efficiency. With decentralized video rendering, you can now transfer the burden of rendering your video to us which will ultimately save a lot of your time as your system will be free while we render your videos by sending it to various servers that complete the task in no time. It is a safe and secure process where even the uploader has no idea of the content of the video and only you have the right to access it.

The fun part is that in return for the services we need to pay eagle ant cryptocurrencies despite INR.

Ant eagle is another cryptocurrency of ours that comes with a revolutionary idea of cryptocurrency insurance which ensures your portfolio of cryptocurrency in case it goes below the face value.

This insurance is valid for three months in which for example you have a portfolio of 10000 USD and at any time when the market becomes volatile and the value of your portfolio comes down to for example 6000usd (can be any value below 10000usd), then you will be paid the remaining amount, that is 4000usd, in ant eagle.

Then the third cryptocurrency is Eagle Token which works on yield farming.

Yield farming is the practice of staking or lending crypto assets to generate high returns or rewards in the form of additional cryptocurrency

At its core, yield farming is a process that allows cryptocurrency holders to earn rewards on their holdings. With yield farming, an investor deposits units of a cryptocurrency into a lending protocol to earn interest from trading fees.

With Eagle token, the interest that you earn from yield farming comes in the form of an eagle token which can be further redeemed in our crypto exchange ant eagle. You can lend us your cryptocurrency and permit us to generate returns as high as 291% -311% on your crypto assets without you facing any hassles of regular research of the market to invest your money.

These rewards will be provided to you in our cryptocurrency ( name) by using a secured and safe process of yield farming.

WHAT IS THE BLOCKCHAIN TECHNOLOGY?

Blockchain which is sometimes also referred to as Distributed Ledger Technology (DLT), makes an on-chain global ledger of any data in the form of a digital asset that is unalterable and transparent using decentralization and cryptographic hashing.

Blockchain consists of three important concepts: blocks, nodes, and miners.

Blocks

Every chain consists of multiple blocks and each block has few basic elements:

· The data that is stored in the block.

· A 32-bit whole number called a nonce. To understand nonce we first need to understand that to add any new block to the already existing block we first need to check its uniqueness and in this process, a 32-bit whole number is generated and that is called the nonce.

· The hash is a 256-bit number which is unique and can also be called an information identity. wedded to the nonce. Hash is generated as per the information that is contained in a block and is always unique.

·

Miners

They create new blocks in the already existing chain through a process called mining.

In a blockchain, every block has its unique nonce and hash and it is also linked to the previous block and it is not very simple to add a new block to the chain. It requires a set of steps and approvals and the entire process is called mining

Miners use special software to crack the math behind finding a nonce that generates a unique hash. As we go to know earlier that the nonce is 32 bits and the hash is 256, so there are billions of possible probabilities of nonce and hash combination and miners need to find the right combination before mining a block. It is when the right combination is formed that the miners add the block to the chain.

Making a change in any block is not just altering a number, it will change the block that follows and can break the chain. So to alter any block miners every time need to follow the entire process of mining. This is what makes the BlockChain technology so secure and difficult to manipulate. When a block is successfully mined, the change is accepted by all of the nodes on the network and the miner is rewarded financially.

Nodes

One of the most revolutionary concepts in blockchain technology is decentralization. It is because it divides the authority and no one person or computer or organization can ever own a chain

. Instead, it is a distributed global ledger that is connected to the chain via nodes. Nodes are something that maintains a copy of the blockchain and keeps it functioning.

WHAT KIND OF BLOCKCHAIN DO WE CREATE AT ANTEAGLE

We at AntEagle use Parachains . Prachains can be called customized blockchain and are specific to the type of projects it is used for

The benefit of using para chain is that it allows users to perform transactions faster and at lower costs.

In para chain, the user data is not disclosed in public and they do not need to process a large number of transactions. It can be optimized according to the use case it is used for. It means that every para chain has its parameters concerning block timings, transaction fees, and mining rewards.

We at AntEagle will soon bring out our para chains and provide services.