Chromia Announces MVP Mainnet Launch on July 16th
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Chromia is a Layer-1 blockchain platform combining relational databases and blockchain technology to provide dedicated dApp chains, customizable fee structures, and improved digital assets. This framework allows for real-time data querying and indexing, improving the end-user experience and enabling innovative Web3 business models. Key highlights: Chromia’s MVP Mainnet is set to launch on July 16th, 2024. It introduces innovative relational blockchain technology and many other features. This launch establishes the foundational framework for all future developments within the Chromia ecosystem They have announced the launch of their Mainnet on July 16th, 2024. JUST IN: Chromia MVP Mainnet Launch Confirmed for July 16th, 2024. Get ready to launch 🚀 🔗 https://t.co/70VMn6A4M4 pic.twitter.com/WUKr8VIDRz — Chromia | Power to the Public (@Chromia) July 2, 2024 Impact on Chromia ecosystem The MVP Mainnet forms the cornerstone of Chromia. It’ll serve as the essential framework for all future development. Although the ecosystem’s growth will be gradual, the ‘MVP’ label indicates that this release includes the necessary features for the network to begin expanding. At the same time, the MVP Mainnet marks the genesis block of the new native CHR token. The launch will enable the current ERC-20 and BEP-20 CHR tokens to be bridged to the MVP Mainnet. How To Buy Chromia CHR On Kucoin The MVP Mainnet will also include staking and delegation process, payment of network hosting fees, and provider payouts. The updated staking and delegation system will be available by the end of Q3, 2024. Until then, current stakers will continue to earn rewards under the existing system Quotes from the team The founders of Chromia, Alex, Or and Henrik, had major roles since the early days of the industry Back in the day, they co-founded one of the very first Bitcoin wallets and wrote the colored coins whitepaper, alongside Vitalik Buterin. “Our journey began twelve years ago with…
Filed under: News - @ July 2, 2024 5:24 pm