Gunna is a cryptocurrency project that was first proposed in 2020. Its goal is to provide an easy-to-use digital payment system with low fees and fast transaction times. It uses a unique consensus mechanism called Delegated Byzantine Fault Tolerance (dBFT) to ensure security of transactions on the network.
The Gunna network has its own native currency, GUNNA, which can be used for payments and transfers between users on the platform. The currency also serves as an incentive for maintaining the distributed ledger and validating transactions through mining or staking rewards. Users are able to purchase GUNNA tokens from exchanges or by participating in Initial Coin Offerings (ICOs).
Gunna provides a secure environment for users to store their funds using private keys and wallet addresses generated by the platform’s software wallets or hardware wallets such as Ledger Nano S and Trezor One. These wallets are designed to keep your funds safe from malicious attacks by encrypting all data stored on them, providing two-factor authentication, and allowing users to back up their wallet information if needed.
In addition, Gunna offers smart contract functionality that allows developers to create decentralized applications (dApps) using Solidity programming language which is similar to JavaScript but specifically tailored towards blockchain development projects like Gunna’s dBFT consensus protocol based blockchain technology stack . This feature allows developers to easily deploy dApps onto the Gunna network where they can be used securely without worrying about potential interference from outside sources or malicious actors trying to tamper with code execution results within applications running on top of it..
Finally, Gunna has recently launched its own Decentralized Exchange (DEX), allowing users access global liquidity pools while trading cryptocurrencies directly off-chain without going through any centralized exchange platforms like Coinbase Pro or Binance etc.. With features such as atomic swaps built into it , traders will now have more control over their trades since DEXs do not require KYC/AML verifications unlike centralized ones thus making them more attractive options than traditional exchanges especially when dealing with large volumes of funds being transferred across various jurisdictions .
