What is Chromia?

Chromia (CHR) is a relational blockchain platform designed to enhance the development of decentralized applications (DApps) with scalability, efficiency, and user-friendliness. Launched in 2019 by ChromaWay, Chromia combines blockchain and relational databases, allowing developers to build high-performance DApps more easily.

Chromia's native token, CHR, is used for transaction fees, staking, and governance within the ecosystem.

How is Chromia useful?

Chromia enables faster and more scalable DApps, solving limitations faced by traditional blockchains like Ethereum. Chromia's relational database model allows for complex applications such as gaming, DeFi, and enterprise solutions to run efficiently.

Developers can build applications in Rell, a programming language optimized for blockchain use, reducing development complexity. The CHR token powers network operations, allowing staking, transaction payments, and governance participation.

How does Chromia work?

Chromia uses a unique hybrid blockchain architecture, where each DApp runs on its own blockchain, preventing congestion and enhancing scalability. Chromia employs a relational database structure, making it easier to manage large datasets compared to traditional blockchains.

Chromia utilizes a Delegated Proof of Stake (DPoS) consensus mechanism, where CHR token holders can stake tokens to participate in securing the network. Chromia is interoperable with Ethereum and Binance Smart Chain, expanding its cross-chain capabilities.

Chromia milestones

• Launch of Relational Blockchain: Introduced a blockchain framework integrating relational databases.

• Expansion to Gaming and NFTs: Developed blockchain-powered gaming solutions and NFT applications.

• Interoperability Enhancements: Integrated with Ethereum and Binance Smart Chain for cross-chain functionality.

• Developer Incentives and Grants: Encouraged ecosystem growth with funding for innovative DApps.

• Scalability Improvements: Upgraded infrastructure to support high-performance applications.

Chromia continues to redefine blockchain usability, offering a scalable, developer-friendly, and efficient platform for next-generation decentralized applications.

Buy Chromia (CHR) on BITmarkets.