Yggdrash is a trust-based multi-dimensional blockchain network that aims to "digitalize everything" and connect every blockchain, developed by a Korea-based team. YEED is an ERC-20 Ethereum compliant token.
Each dApp in the Yggdrash's network has an independent blockchain. It uses a reputation scoring system to adjust the current fees for each blockchain, using the YEED token as a criterion to evaluate reputation. It introduces the Akashic Records & Block Box technologies, able to downsizeShow more [+] block data and allow faster transaction rates.
Yggdrash employs a consensus algorithm called "Delegated Proof Of Authority", allowing only users with high reputation to participate in block validation and governance.