We're excited to introduce OCT Chain, a new blockchain that relies on a system of PoA consensus and supports short block times and low fees. With OCT Chain, you'll be able to take advantage of the fast trading on one side and build your decentralized apps on the other side. Read on to learn more about OCT Chain's features and how it can benefit you.
OCT Chain's Features
OCT Chain relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
The OCT Chain also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability. OCT Exchange remains a liquid venue of the exchange of assets on both chains. This dual-chain architecture will be ideal for users to take advantage of the fast trading on one side and build their decentralized apps on the other side. The OCT Chain will be:
EVM-compatible: Supports all the existing Ethereum tooling along with faster transaction finality
Interoperable: Cross-chain communication and asset exchange are possible due to native support of interoperability protocols
Fast: Block time is shorter than 15 seconds with finality in 2 minutes
Low Fees: Transaction fees will be much lower than those of Ethereum or other similar platforms
Decentralized: The most bonded validator candidates of staking will become validators and produce blocks
OCT Chain is a new blockchain that offers a number of benefits over existing platforms, including faster transaction times, low fees, and interoperability. If you're looking for a fast, EVM-compatible blockchain that can help you take advantage of the fast trading on one side and build your decentralized apps on the other side, OCT Chain is the perfect solution for you.
#OCT #Octium #BSC #NFT #crypto #octiumblockchain
MORE INFORMATION
Website : https://octium.io
Whitepaper : https://docs.octium.io/#/
Telegram :https://t.me/octium_official_group
Twitter : https://twitter.com/octium_io
Bitcointalk Username: Lovtiek
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2243938
BSC Wallet Address: 0xc83E325428Ac93069d0230A37905e8B53391c837