Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Name : Saga (SAGA)
SAGA Price : $0.08800 +0.75%
Consensus Mechanism : Proof of Stake
Volume: 13,984,102
Market Cap: 28,056,660
Shariah Judgement
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Shariah Status :
Last Screening: Q3 2024
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Overview
Saga specializes in simplifying the deployment of application-specific blockchains, or "Chainlets". It streamlines this process, allowing developers to create and manage Chainlets as easily as deploying a smart contract. Saga uses Cosmos Interchain Security (ICS) to provide shared security across all Chainlets without needing individual staking tokens. Validators ensure compliance with service-level agreements and handle both the Saga Mainnet and Chainlets, with violations reported and penalized through slashing. Saga's model is cost-efficient, with developers paying in SAGA tokens and end users facing no network fees.
Whitepaper & Documents
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