Chromia : Blockchain of Blockchains That Has Staged To Revolutionize Decentralized Application Development

in chromia •  4 years ago 

IMG_20200514_152146_415.jpg
Blockchain has taken the world by storm. The tech may have been envisioned to power decentralized finance in Bitcoin, it's potential and use case had far exceeded such identity.

It has opened the possibility to develop trust and openness in a way that has never been expressed before.

However, like any new development, blockchain has many challenges that need to be addressed.

Firstly, existing protocols that power the initial set of blockchains are too slow to garner advanced real-world usage.

Their architectural build also implies they are unable to scale accordingly to meet application and usage demand.

Blockchains are renowned for their strong security and immutability, nonetheless, these factors rely solely on the type of protocol or consensus adopted, and in many cases, the consensus of a particular blockchain may fail to establish a secured environment that could be relied upon under factual circumstances.

On the developer end, developing and building blockchain applications is a nightmare many wanted to escape because most integrated blockchain programming languages are new with an unestablished root. This means programmers have to learn a new language from basics before they can start building on a blockchain network.

The hardest part is that almost each of every type and brand of blockchain has its unique programming language which as a result contributes to non-interoperability that led to a status quo of blockchains being called an "island of self-isolation".

An obvious solution to most of the aforementioned downsides is to start restructuring how blockchains are made by design and code.

The good news is that a blockchain project with a new root has already achieved the feat of addressing most of these problems by building a relational blockchain system governed by a management system termed "Postchain".

I am talking about Chromia blockchain network built by the ChromaWay development team.

Chromia

Chromia is a public blockchain with a relational database system build and design. What this means is that data can be structured and defined in any way by the builder of the system. This flexibility of data management allows for different usage scenarios.

This is a sweet pot for developers but what is more interesting is the ability to code and deploy applications in a seamless manner.

Chroma uses Postchain to oversee the operation of its blockchain network in conjunction with a flexible and easy-to-code programming language called RELL (Relational Language).

Great protocol design? Thumb up! Nice programming language... Interesting! But what about other challenges mentioned in the opening part of the post?

Hell yeah! A blockchain system cannot be duly considered if it can't scale and operate at a good speed.

Chromia takes this factor to heart and ensures its network is able to process transactions at a block rate of 2 seconds, which is more than enough to support most applications and commercial usage.

Blockchain Of Blockchains: Chromia Modular Configuration

image source

One method spam is avoided on blockchain networks is through integrated fee structure, most times, this is charged directly from users. However, Chromia thinks this idea should be rewritten by instead charging Dapps directly for the operation they perform.

Consequently, and since most application usage differs from one type to another. This and many other implementations led to a modular blockchain design where each Dapp can reside on its own chain, dictate its own rule and usage and intended fee structure.

The Dapps in this case acts like side chains that are attached to the governing Chromia infrastructure. Each Dapp or side chain is independent but benefits from the security and laid facilities of the network.

Chromia adopted PBFT consensus to ensure consensus can be achieved under certain rules even if some node in the network cannot be relied upon at a time, thus, eliminating incidents such as 'one point of failure'.

An Infrastructure For A Wide Range Of Usage Scenario

Chromia launched its main net in Dec 2019, and moved from an experimental position to prove their dedication towards achieving their vision not just on paper but as a practical and working process.

Ever since their main net launch. The chain has seen different types of apps deploy on its network.

The network relational design also means Dapps with huge computational demand can work efficiently and seamlessly with any cause to worry.

Let's look at some of these Dapps.

Chromunity

A decentralized social media platform that leverages the advantage of the relational computational build of Chromia to bring about fantastic social and community user experience.

The advantages of Chromunity as a decentralized social platform is how users can control their data and interactions, vote for representatives that implement the will and voice of the community.

Chromunity features a Reddit-like design and interface with the ability to post short/long meaningful content to a wide range of community categories or specific ones.

These screenshots give a sneak peek into how the interactive user interface looks like.

Green Asset Wallet

This is the first enterprise Dapp to launch on the Chromia chain after its main net release.

Using the quote of how the project defines itself.

"Green Assets Wallet is the world’s first blockchain-based platform for easy validation and impact reporting of green bonds".

The product has many features that are designed to suit investor's needs. From real-time collaboration to ensuring optimum trust and transparency to security. The Dapp is ideal for green bonds operations that look to make issuer and investors' lives an easier one.

Investors have direct access to trusted green bond information, metrics, and data.

Green asset wallet at allows investors to make new investment discoveries through search criteria, compare, benchmark, and follow up on investment opportunities".

Issuers are able to operate with an independent, cost-efficient, and structured system, and provide investors with impact investment opportunities and report on achievements.

Mines Of Dalarnia

Is "an action-adventure platform-mining game where the player controls a character and guides them through various blocks of earth, to discover and collect minerals of multiple rarities. Includes a blockchain based real-estate market".

Chromia transaction speed and computational efficiency make it an ideal platform to build decentralized or blockchain games of different kinds.
Play Mines Of Dalarnia

Conclusion
Chromia combines many groundbreaking features that purport it as a new generation blockchain and set it out among the crowd.

It's easy to code programming language, Postchain consortium, relational database system express qualities that fit different needs of decentralized applications and their operations. All of which state the chain strength and confidence of usage.

Under the governance of ChromaWay - an organization of tech experts and geeks. Chromia is expected to continue on an upward positive momentum.

Learn more about the project from it's official website
Their Telegram group chat is a good place to start interacting with the community.
Chromia has a Twitter presence and their Whitepaper is a good reference and tool to have a good overview of the project mission and vision at large.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!