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Chromia MVP (CHR) mainline is online: starting a new blockchain journey

2024-09-09 20:42:03

Dear readers, today we will take a deep dive into Chromia’s latest news—the successful launch of the MVP mainnet. This milestone not only marks Chromia’s major progress in the blockchain field, but also provides more opportunities and possibilities for developers and users.


Chromia’s development history

Chromia’s journey began in 2019 with the goal of bringing the power of relational blockchains to public dapp platforms. Over the past few years, Chromia has incorporated several innovative features, including containerized resources, a modular framework, and gasless transactions. The application of these technologies allows developers to build and deploy decentralized applications (dapps) more flexibly.

Over time, Chromia has also expanded the scope of its project, particularly the ability to share assets and data with the EVM chain through the Ethereum interoperability framework. This not only enhances the functionality of Chromia, but also lays a solid foundation for the construction of its ecosystem.


Thriving Ecosystem

If you've been following Chromia, you've noticed that its ecosystem continues to grow. Mature projects like My Neighbor Alice and DAR Open Network have achieved significant success on this platform. At the same time, emerging projects such as Chain of Alliance and Cloudborn are also emerging, injecting new vitality into the ecosystem.

In addition, practical projects such as Xoob work to create crossover opportunities, providing a platform for new games to build their own communities by connecting to existing ecosystems. In the sports field, Fanzeal's digital collectibles solution has also been successful in partnership with VfB Stuttgart, attracting more partners from the sports world.


Mainnet features and advantages

Chromia’s MVP mainnet was officially launched on July 16, 2024, and is currently deployed in 16 system providers and 7 dapp providers, running one system cluster and one dapp cluster. As user demand increases, the network will dynamically add more dapp clusters.

The mainnet's native fee system makes it easy for anyone to deploy dapps, and users only need to deposit and withdraw through the staking page. Detailed step-by-step guidance is provided in the official documentation to ensure that developers can successfully complete the deployment.

In addition, the mainnet has been successfully integrated into the Chromia Vault wallet and Chromia Explorer. Users can select the mainnet as an optional network in the drop-down menus of these two tools, which greatly facilitates user operations.


future outlook

Looking to the future, the Chromia team is excited about next developments. The Native Staking function planned to be launched in the third quarter will provide users with the option of staking native CHR, while introducing a delegation system and enabling new features such as automatic reward collection and gas-free interaction.

To streamline the end-to-end bridge process, Chromia will also be working to integrate bridge withdrawals with Chromia Vault. Additionally, the team will focus on enhancing the bridge infrastructure, improving functionality and laying the foundation for future TVL (Total Value Locked) growth.

Later in Q3, the rollout of core upgrades and features will further expand the capabilities of the Chromia network, solidifying its position as an innovative Web3 platform and supporting the continued growth of the ecosystem.

The power of community: Chromia's achievements are inseparable from the support and enthusiasm of the community. Whether it's a developer building an innovative dapp, a user testing the platform's features, or a supporter spreading the word, every contribution you make is priceless. The Chromia team sincerely invites you to continue to participate and look forward to a bright future together.


Conclusion

Chromia continues to move forward to establish itself as the leading platform for decentralized applications and other Web3 solutions. With the launch of the MVP mainnet, Chromia's ecosystem will usher in a broader space for development, and the possibilities in the future are endless.

Cheers to our community and a bright future! 🥂

About Chromia: Chromia is a layer 1 relational blockchain platform that leverages a modular framework to provide users and developers with dedicated dapp chains, customizable fee structures, and enhanced digital assets. By fundamentally changing the structure of information on the blockchain, Chromia provides instantly indexed, locally queryable data, challenging the status quo and delivering innovation that simplifies the end-user experience and enables new Web3 business models.

In this rapidly developing blockchain era, Chromia is leading a new revolution with its unique advantages and powerful ecosystem. Let us look forward to together, Chromia will bring us more surprises and possibilities in the future.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT