Chromia

CHR
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News

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Son Min-ho

Significant Bitcoin Transfer from 2013 Wallet Sparks Market Speculation

An early Bitcoin holder has moved approximately 41,145 BTC from a dormant wallet, raising concerns and interest among traders.
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Ayman Ben Youssef

Cysic Halts Crosschain Bridge Following Token Creation Incident

Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Qubic Network Halts Operations Following Major Security Breach

Qubic has halted its network operations after a significant security breach, where attackers exploited weakly generated wallet credentials to steal approximately 14 million in cryptocurrency from over 1,400 accounts.
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Kofi Adjeman

What is Chromia?

Chromia — a blockchain platform that makes it easy to build decentralized applications in the real world to improve the world.

Contents:

About the Chromia project

Chrоmia — a public and open source blockchain, developed by the Swedish company Chromaway AB. The Chroma (CHR) token was launched in May 2019. The technology behind the Chromia blockchain is adapted from an earlier technology, called Postchain, a solution, provided by Chromaway AB, for enterprise clients.

Blockchain uses a unique architecture, called a relational blockchain, as well as its own programming language, called Rell. Rell is designed to code and operate very similarly to SQL, allowing developers to use the security and immutability of the blockchain to store and process data with the efficiency of a relational database.

Chromia's core team consists of industry veterans with deep roots in the crypto space:

  • Ora Perelman;
  • Henrik Hjelte;
  • Alex Mizrahi;

The project already has many applications, based on their blockchain, using their chain as a decentralized storage layer and using their layer 2 enhancements. These applications range from the DeFi options trading platform Hedgeget to the open-world farming game My Neighbor Alice to the state land registry initiative LAC PropertyChain.

Chromia protocol tools

Chromia — a Layer 1 offline blockchain and EVM compatible Layer 2 extension for Binance Smart Chain and Ethereum. It has appeared to enhance existing dApps and enable you to build the next generation of dApps with scalability, better data handling and a customizable fee structure.

The main features of the blockchain project:

Relational blockchain The power of blockchain, combined with a relational database.
Explorer A fully decentralized blockchain explorer that allows users to visualize transactions and activities across different chains.
Vault (SSO) A unique feature, designed to reduce the number of password entries without compromising user security.
Chrоmia Vault Allows users to manage their tokens and decentralized applications on the Chromia blockchain.

The blockchain platform runs on relational database technology, i.e. ten years of real enterprise technologies, used in all industries. The project can be used as a private, public or hybrid blockchain.

Where to buy CHR tokens?

If you want to know where to buy Chromia, currently the top cryptocurrency exchanges for trading Chromia shares are:

  • Binance;
  • Mandala Exchange;
  • CoinTiger;
  • FTX;

The maximum supply of tokens is 1 billion CHR coins.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.