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SimpleChain is a decentralized platform designed to optimize blockchain technology for widespread, practical applications. As a public blockchain, it aims to streamline the deployment of smart contracts and decentralized applications (DApps), offering an innovative infrastructure for developers. The platform supports businesses and industries in their digital transformation efforts by providing scalable and secure blockchain solutions.
SimpleChain employs a unique architecture featuring a Main Chain based on Proof of Work, which ensures data unification and ledger security. It includes a Sub Chain designed to provide flexibility through custom consensus algorithms and a sharding mechanism that enhances transaction verification efficiency. This layered approach resolves scalability issues while maintaining security across the network.
SimpleChain stands out with its multi-chain coexistence and cross-chain asset exchange capabilities, which offer developers flexibility and improved interoperability. The platform's Main and Sub Chains provide a high-performance, scalable structure. Furthermore, its innovative Proof of Work algorithm encourages distributed computing power, while the SIPC digital asset fosters community and ecosystem growth.
Developers benefit from SimpleChain's streamlined process for smart contracts and DApps deployment. The platform offers an accessible infrastructure with customizable Sub Chains for specific consensus algorithms. This flexibility allows developers to build applications tailored to various business needs efficiently. The SimpleChain ecosystem, including a blockchain browser and a wallet, further supports developers by facilitating asset management and fostering community engagement.
The SimpleChain Foundation, a non-profit organization, promotes and supervises the growth of the SimpleChain open-source community. It ensures the platform's inclusivity and transparency by embedding these values in the genesis block. The Foundation supports community decentralization by not pre-distributing SIPC and gradually reducing foundation benefit from mining rewards, aiming for full community distribution.
SIPC is the native digital asset of SimpleChain, mined through the Main Chain's Proof of Work algorithm. It plays a crucial role in incentivizing computing power contributions and binding community developers, users, and clients together. SIPC's controlled supply and circulation within Sub Chains aim to ensure cryptoeconomic stability and support the continuous expansion of the SimpleChain ecosystem.
SimpleChain is a public blockchain for optimizing smart contracts and DApps with multi-chain coexistence, cross-chain exchange, and a high-performance consensus. Aimed at easing blockchain adoption across industries.
SimpleChain is a decentralized platform designed to enhance the practical application of blockchain technology for developers and businesses alike. It operates as a public blockchain, emphasizing the easy deployment of smart contracts and decentralized applications (DApps) through features like multi-chain coexistence, cross-chain asset exchange, and a robust consensus mechanism. Aiming to provide a scalable and secure environment, SimpleChain supports the digital transformation across various industries with its integrated ecosystem comprising a blockchain browser, asset management wallet, and a DApp platform.
At its core, SimpleChain utilizes a Proof of Work (PoW) algorithm akin to Bitcoin's, promising stability through its novel approach. The architecture includes a Main Chain for securing distributed ledger data and a customizable Sub Chain that supports specific consensus algorithms and flexible transaction data structures for applications. This flexibility is achieved without compromising network stability or ledger security, thanks to periodic data interchange between the Main and Sub Chains. The platform also employs a sharding mechanism within the Sub Chain to improve tra...
SimpleChain is a decentralized platform designed to enhance the practical application of blockchain technology for developers and businesses alike. It operates as a public blockchain, emphasizing the easy deployment of smart contracts and decentralized applications (DApps) through features like multi-chain coexistence, cross-chain asset exchange, and a robust consensus mechanism. Aiming to provide a scalable and secure environment, SimpleChain supports the digital transformation across various industries with its integrated ecosystem comprising a blockchain browser, asset management wallet, and a DApp platform.
At its core, SimpleChain utilizes a Proof of Work (PoW) algorithm akin to Bitcoin's, promising stability through its novel approach. The architecture includes a Main Chain for securing distributed ledger data and a customizable Sub Chain that supports specific consensus algorithms and flexible transaction data structures for applications. This flexibility is achieved without compromising network stability or ledger security, thanks to periodic data interchange between the Main and Sub Chains. The platform also employs a sharding mechanism within the Sub Chain to improve transaction verification efficiency and scalability.
SimpleChain generates its native digital asset, SIPC, through the Main Chain's PoW algorithm, maintaining cryptoeconomy stability with a periodic total supply limit. The introduction of an inflation mechanism accommodates the needs of the growing Sub Chain system, ensuring the ecosystem's expansion isn't hindered by value appreciation stagnation.
The governance of SimpleChain is overseen by the SimpleChain Foundation, a non-profit organization committed to promoting and supervising the community's growth without pre-mining or pre-distributing SIPC. To foster a distributed community, the foundation receives a diminishing portion of the computing power rewards annually, ensuring the gradual transition to a fully distributed ecosystem.
SimpleChain stands as a pioneering solution aimed at propelling blockchain technology and application development, emphasizing compatibility and practicality within the distributed digital economy.
