Cherry Network provides a trustless data repository for smart contracts. It uses a peer-to-peer file storage component to store and share large volumes of data, while aiming to keep that content private and secure-powered by IPFS. It also serves as a smart contract platform for creating and operating decentralized applications.

Within the Cherry Ecosystem, decentralized applications make use of the network’s built-in capabilities to support advanced projects that are intended to be stable, scalable, and inexpensive to run.

Key features of Cherry:

Cherry removes much of the complexity of building web3 applications from the ground up. Developers can build on optimized, reliable capabilities built into the Cherry Network, reducing the need to repeat work and letting teams concentrate on better user-facing productsGet a highly optimized layer-one and a strong layer-2 solution without sacrificing decentralization or security. Enable very fast transactions, high throughput, and low costsUse existing solidity code with Cherry Network, or connect an Ethereum, Binance Smart Chain, Tron- or other general-purpose-dApp through Cherry Interoperability Channels. Start using Cherry for select parts of your dApps or for the full application workflow, bringing new functionality to existing smart contractsAccess network resources in a pseudonymous way via a unified network-wide identity management system. Use advanced cryptographic tools within a zkRollup-based smart contract design to support off-chain private, privacy-preserving executions.

Cherry Network runs its own blockchain, the Cherry Chain. The Cherry Token (CHER) is the base unit of value in the Cherry Network-a cryptocurrency comparable to Ethereum or Bitcoin. CHER is native to the Cherry Chain, and it also runs on other compatible networks as an interoperable smart contract.