The PCHAIN mainnet was successfully launched on March 30, 2019. After concentrated development effort by the team over 1 year, the world’s first native multi-chain system supporting EVM (Ethereum Virtual Machine) with “an infinitely scalable Ethereum” is arrived as scheduled, fully opening the blockchain ecological construction. On March 30, 2020, we ushered in the first anniversary of the launch of the mainnet, and we would like to express our sincere gratitude to every partner who supports us.
Even though PCHAIN mainnet has been online for less than a year, and it has generated more than 10 million blocks. This is more than 9 million blocks that have been generated since Ethereum launched its mainnet in July 2015.
PCHAIN is the world’s first native multi-chain system that supports EVM, which can achieve inter-operation between the childchain and the main chain, making large-scale blockchain applications possible. PCHAIN’s original PDBFT consensus algorithm makes the main network run more stable, greatly reduces the communication cost from N ^ 2 to N, and effectively reduces the problem of centralization. PCHAIN uses a dynamic bidding mechanism to make the election of the validator in each round of Epoch more fair and safe through voting and revealing vote. At the same time, PCHAIN uses the same staking mechanism on the main chain and the childchain.
PIWallet can realize functions such as cross-chain transfers, delegation voting, and smart contract deployment between chains. Its positioning is a technology-oriented wallet. For example, some blockchain applications (especially Ethereum-based Dapps) can be quickly deployed to PCHAIN. PIWallet is compatible with Ethereum private keys and addresses, and seamlessly imports and exports Ethereum private keys.
PCHAIN and Amazon AWS cloud services complete one-click deployment cooperation
Based on Amazon AWS cloud service, PCHAIN can support 1,064 nodes across Asia, Europe, and the Americas, and the actual measurement can reach 120,000 TPS. Compared to some projects that frequently use thousands of dollars in monthly server fees, PCHAIN nodes use AWS cloud services, and the average monthly server cost is less than 77 dollars, which supports a relatively low-cost hardware environment. At the same time, compared with other projects, PCHAIN has achieved 10 times TPS, reduced node cost by 143 times, CPU by 64 times, and memory by 244 times. The average block production time is 1–2 seconds.
PCHAIN hopes to help more enterprises deploy blockchain applications quickly, securely and compliantly. Avoid the tedious steps of manual deployment, greatly reduce the deployment time on chain, set aside more energy to focus on business application development, and effectively promote business development.
PCHAIN Roadmap for 2020
The focus of PCHAIN in 2020 is on commercial childchains (CCC).
As blockchain becomes China’s national strategy, this means that there will be a huge market for blockchain in China in 2020. In 2020, we look forward to realizing real commercial value through PCHAIN’s blockchain technology and gaining a foothold in the Chinese market.
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Telegram 1, Telegram(Chinese Community) Telegram(Russian Community),Telegram(Spanish Community) Telegram(Germany Community), Telegram (French Community) Telegram (Vietnam Community), Telegram（Turkey community), Telegram Announcement Channel Twitter, Steemit,Reddit，Founder/CEO’s Twitter