Low cost and high efficiency: the key to the true popularization of Blockchain.

The blockchain industry has developed for more than ten years, during which we have witnessed countless technological innovations and experienced multiple market cycles. However, despite the continuous expansion of application scenarios, blockchain still has not truly entered the lives of the public. Why?

If we compare the vision of blockchain to a magnificent building, then the two cornerstone issues that hinder its construction are: efficiency and cost.

The contradiction of transaction efficiency

On many public blockchains, transferring a transaction may take dozens of seconds or even minutes, which can be frustrating during congestion. This experience is almost unacceptable for high-frequency applications such as daily payments, cross-border settlements, and interactive gaming.

A question is presented before us: If Blockchain is slower than traditional payments, how will it become mainstream?

Pain points of cost issues

Another barrier to widespread adoption is the high transaction fees. On some networks, a regular transfer fee can be as high as several dozen dollars, which almost shuts out ordinary users.

When a transaction fee is equivalent to a lunch, the blockchain is hard to be seen as a true "inclusive technology."

Thoughts and Answers of IDN Network

The emergence of IDN Network is to break this predicament.

We believe that only high efficiency + low cost is the key to the true popularization of Blockchain.

On the IDN network, the transaction confirmation time is less than 15 seconds;

Gas fees below 0.3% are low enough to support large-scale usage;

At the same time, combining quantum-safe encryption keeps these transactions balanced between efficiency and security.

In other words, IDN aims to make Blockchain no longer a tool for a few, but rather an infrastructure that every user and every business can easily use.

From technology to ecological expansion

When efficiency and cost issues are resolved, the prosperity of the ecosystem becomes possible.

DeFi can accommodate more small and frequent interactions;

NFT minting and trading are no longer constrained by costs;

GameFi players will not lose interest because of high Gas fees;

Cross-border payments in the real economy can also be completed faster and cheaper.

These are the true manifestations of Blockchain entering our lives.

Conclusion

On the road of Blockchain, we have seen too much noise of "concepts". But what truly determines the direction of the future is not the concept, but the experience.

Low cost and high efficiency may seem ordinary, but they are the key factors for the blockchain to move towards the mainstream. And the IDN Network is gradually unlocking this password with action.