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Chromia is an open-source public blockchain designed to make it easier to build decentralized applications (dapps). It was created to address key shortcomings seen in existing blockchain platforms, with the goal of supporting a new wave of dapps that can scale further than what’s currently feasible. Chromia was previously called Chromapolis.
Chroma [CHR] is the native token of Chromia, powering the network and helping create win-win connections among developers, users, and investors. Live market price charts for Chromia [CHR] can be found on this page.
Chromia is a multi-layer public distributed ledger that uses relational database capabilities. The project is focused on helping users sidestep common dapp problems such as poor user experience, weak security, and high transaction costs. Its mission is to improve how dapps operate-aiming for greater scalability, better efficiency, and a more user-friendly approach. CHR is the ERC20-type native token of the platform.
This decentralized environment supports the development of dapps that address the limits of today’s solutions. Chromia works toward a technical design that connects standard relational databases with blockchain. By combining these approaches, Chromia intends to enable the next generation of dapps to scale more effectively than existing ones.
The project views a distributed ledger as the shared database layer inside a decentralized application ecosystem. In that role, it holds application data and ensures that data additions, updates, and transformations are authorized and follow the application’s rules.
Because of this, Chromia is built to function as a shared database in the most effective way possible. This is accomplished through the Postchain framework that was created by ChromaWay.
Key features of Chromia include:
A relational model. Blockchain data and application state are maintained in a relational database. The approach is meant to provide flexibility, adaptability, and reliable consistency.
A relational programming language. Chromia dapp back-ends are developed using a dedicated language designed with deep alignment to the relational model. This is intended to boost developer productivity and help keep applications consistent.
Horizontal scaling. Each decentralized application runs its own blockchain. Since every blockchain is handled by a smaller group of nodes, increasing node count increases the network’s overall bandwidth capacity.
Rich indexing and querying. Dapps can retrieve the information they need directly from the nodes running the application. The dapp blockchain logic can also carry out sophisticated queries without unduly affecting network performance.
High I/O throughput. Data reads and updates are handled by a highly optimized relational database, enabling dapps to complete many transactions and data update operations.
Practical byzantine fault tolerant consensus. This is a voting-based consensus scheme that is meant to keep the network stable and secure even when most nodes are faulty or malicious. The consensus mechanism is also designed to allow transactions to be finalized nearly instantly.
First-class dapps. In Chromia, dapps are not treated as plain smart-contract outputs. Instead, they are handled as first-class entities. Chromia gives dapp builders significant flexibility and control.
Chromia is general-purpose software suitable for a wide range of decentralized applications. It is particularly aimed at situations where high I/O (input-output) bandwidth is needed or when complex datasets must be managed. Massively multiplayer online games (MMOGs) are one example. While blockchain games are increasingly popular, MMOGs are not widely available in the decentralized ecosystem because current blockchain platforms can’t support them.
Chromia is intended to run extremely large virtual game worlds on-chain, helping ensure they follow predefined rules and preventing cheating. The project believes that introducing MMOGs will be the clearest test of Chromia’s capabilities. Because MMOGs have demanding requirements, the ability to host them suggests Chromia can support resource-intensive and complex decentralized applications across many use cases.
The creators of the platform describe their CHR token as “the bread and butter” of Chromia. CHR is a utility ERC20-standard token with multiple key roles:
Platform currency. CHR functions as a shared cryptocurrency inside the Chromia ecosystem. Dapps can charge fees in CHR or use the token as a reserve to peg their own tokens.Payment for hosting fees. Dapps need CHR to cover hosting premiums that reward node work.Staking. CHR is used so providers (node validators) have a stake in Chromia, and it also helps shape validator incentives for reaching agreement.In-system purposes. Chromia maintains several dedicated Chroma token accounts used for internal tasks, including ERC20 token pegging, a system node compensation pool, a development pool, and more.Chroma Token [CHR] is available on major cryptocurrency exchanges. Among the commonly used sources for Chromia [CHR] Coin are Binance, Gate.io, Kucoin, Poloniex, and AscendEX Exchange. The CHR market price is volatile and may rise or fall in short periods.
The Chromia team created ChromaWallet, a wallet for storing Chroma tokens as well as any tokens on any Chromia blockchain that meet the FlexibleTokens standard. It also enables you to interact with dapps through an easy interface and manage dapp accounts. ChromaWallet comes in desktop, mobile, and browser extension forms, and it is expected to add hardware wallet support soon.
Other crypto wallets that support ERC20 coins can also be used to store and secure CHR tokens.
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