In 2019, Denko Mancheski launched Reef Blockchain, a Layer 1 blockchain built using Parity's Substrate technology. Initially designed as a DeFi protocol, Reef has evolved into a fully functioning blockchain, supporting various use cases like NFTs, DeFi, smart contract development, and GameFi. Reef uses the Nominated Proof of Stake (NPoS) consensus mechanism, allowing users to participate in on-chain governance using the REEF coin.

Reef's ecosystem offers a range of tools and services, including the Reef Web Wallet, ReefScan, and ReefSwap. The REEF coin is the main network asset, used to pay transaction fees and participate in governance. Initially minted as ERC-20 and BEP-20 tokens, REEF can now be converted at a 1:1 ratio on the Reef network.

For Turkish investors, Binance TR is the go-to cryptocurrency exchange to buy Reef (REEF). With over 100 cryptocurrencies available, including REEF, creating an account on Binance TR is quick and easy. To buy REEF with TRY, follow these simple steps: open an account on Binance TR, verify your account, deposit TL, and buy REEF coin with TL.

Reef's governance model differs from Bitcoin's Proof of Work (PoW) miners, instead using a Technical Council and Validators to implement changes. The Technical Council oversees network updates, while Validators process transactions and run nodes. Both Validators and nominators must stake REEF coins to participate in the NPoS consensus mechanism.

In conclusion, Reef Blockchain offers a unique set of features and tools, making it an attractive option for those looking to explore the world of cryptocurrency. With its Layer 1 blockchain and NPoS consensus mechanism, Reef provides a secure and efficient way to perform transactions and participate in governance. By following the simple steps outlined above, Turkish investors can buy REEF with TRY on Binance TR and unlock the potential of Reef Blockchain.