Chromia is a blockchain platform that makes it easy for users to create decentralized applications (dApps) through scalability.
The platform consists of a network of relational databases from which a relational blockchain has been created.
Relational databases are tables (sessions) that contain records and columns where data is stored.
The foundation of the Chromia platform is based on the first relational blockchain, Postchain.
Each decentralized application (dApp) running on Chromia runs on its own sidechain, which is based on the main blockchain.
Chromia can be seen as a Layer 2 for Ethereum and an independent network at the same time.
Some of the apps that run on the Chromia blockchain and use their chain as a decentralized data storage layer include: the DeFi for Hedget options trading, LAC PropertyChain - a government initiative in the real estate land registry, or perhaps also mentioned in the previous primer, the My Neighbor Alice game, and plenty of other apps.
Chromia has its own software wallet, Chromia Vault.
Unlike other blockchains, Chromia's fees are paid to dApps, which in turn can collect fees from users.
The way it works in other blockchains is that fees are paid directly by users for so-called transactions.
CHR tokens are used to manage the Chromia platform.
Previously, CHR tokens were ERC-20 tokens.
With a market capitalization of $424,162,072, CHR tokens rank 145th.
https://chromia.com/
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