Cross-Chain Hub: QNG Network

The QNG Network stands as the latest evolutionary network within Qitmeer Network, serving as a cross-chain hub that bridges different networks. It integrates the MeerDAG consensus protocol and is compatible with the smart contract ecosystem, aiming to offer a more superior performance, reliable security, and broader scalability in network infrastructure.

EVM compatibility:

• Developers are allowed to construct smart contract applications compatible with the Ethereum Virtual Machine (EVM).

• This enables developers to seamlessly migrate their decentralized applications to the Qitmeer Network.

Cross-chain transaction handling:

• The Meer Network, serving as a high-performance base network, connects the smart contract ecosystem through the L1 cross-chain protocol—the Meerlink protocol.

• This connection allows the data flow of the QNG Network to merge with the transaction flow of the underlying MeerDAG consensus, enabling cross-chain synchronous transaction processing.

• This functionality aids in meeting transaction demands in high-concurrency business scenarios, fully utilizing the performance advantages of the BlockDAG structure.

UTXO model compatibility:

• By optimizing the signature scripts and sequence fields within the transaction structure of the MeerDAG protocol, the UTXO data structure is redefined.

• This achieves compatibility between the transaction data structures of the UTXO model and Account model, enabling asset transfers between different network layers and facilitating the 1:1 atomic swap of Meer Coins.