• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Summary of essential information about Chromia in May 2022

190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Avalanche (AVAX) price is among the few altcoins that have dropped sharply

Avalanche (AVAX) price tag is amid the couple of altcoins that have dropped sharply – Bitcoin News 2024

April 16, 2024
Bitcoin price rose steadily above resistance at $70,000

Bitcoin cost increases steadily past resistance of 70,000 USD – Bitcoin News 2024

April 8, 2024

TLDR:

  • An overview of quite a few growth updates for the month.
  • Presentation of EIF, how to interact and move assets concerning Chromia and the EVM blockchain.
  • Welcome Battle Derby to the Chromia ecosystem.
  • Chromia Rep Todd Miller will attend and talk at the NFT.NYC occasion.

Technical update

DApp Containers

dApp Container is a framework for provisioning assets for nodes, enabling dApps on Chromia to boot in a completely decentralized method and getting rid of dependency on other solutions this kind of as AWS.

Much of the growth of this module has been finished. Chromia is now finishing other mainnet modules to put together for the official integration method.

Post-chain

Chromia is anticipated to launch its Postchain v3.five. update up coming week.

Directory chain

The directory chain is accountable for coordinating the total Chromia network. This procedure shops all the data vital to make the network operate, this kind of as a checklist of suppliers, a checklist of nodes and the configuration (code) of all the blockchains on Chromia. It also will allow you to move assets across all chains or as a result of ICMF in extra complicated situations.

In addition to facilitating cross-chain communication, DC also supports Dapp chain configuration monitoring and designation of block companies (just like an air targeted visitors controller).

FEI

In this update, Chromia will introduce the new notion of EIF, which describes the set of functions that make it possible for Chromia to act as Layer-two and all other EVM chains this kind of as BNB Chain, Polygon, Fantom, AVAX C-Chain …

May noticed major progress on the EIF, with extra than half of the target attained in contrast to initially anticipated. Let’s consider a search at how Chromia connects assets and interacts with EVM-based mostly blockchains:

Imagine that a dApp that would like to connect to Chromia will go as a result of the following method:

  • A bridging clever contract will be implemented on the key chain (consider the BNB chain as an illustration) and open the asset depot.
  • The Chromia dApp chain will obtain this deposit by means of an Ethereum contract entered into by the FEI module.

Once a token is linked to Chromia, it can be made use of with no any issues in all Chromia Dapp chains.

As bridging contracts are developed and refined, Chromia will offer templates for the dApps. The task also intends to employ bridging abilities for preferred tokens this kind of as CHR, USDT, USDC, BUSD, WBTC, WETH …

FT3 .Token Standard

FT3 is the token normal on Chromia. The task asks a third get together to handle FT3.

The task is also discussing the FT4 normal, which will allow integration and compatibility with Metamask. FT4 is thought of an incremental improve to FT3.

Cromia originals

Earlier this month, Chromia shared information on employing the Ricardian contract to consolidate ownership of the NFT.

Update historical past

Notable information in May

About Cromia

Chromia (CHR) is a blockchain platform that combines blockchain technological innovation and relational database – database for decentralized applications, intended to handle the shortcomings of current platforms and intended to make it possible for a new generation of dApps to broaden past current abilities. Chromia was formerly acknowledged as Chromapolis. The objective of the task is to develop its personal blockchain network that will allow the growth of uncomplicated and effective dApps with large throughput.

Update the data about the Chromia Vietnam task right here: Ad channel | Discussion channel

Maybe you are interested:

Note: This is sponsored content material, Coinlive does not straight endorse any data from the over post and does not promise the veracity of the post. Readers ought to carry out their personal investigation in advance of producing choices that impact themselves or their firms and be ready to consider accountability for their personal alternatives. The over post is not to be viewed as investment guidance.

Maybe you are interested:

Tags: ChromiaImportantNewsSummary
Share76Tweet48

Related Posts

Coinbase to List Wormhole (W) on Solana Network

by shark
July 2, 2025
0

Coinbase announces Wormhole (W) SPL token listing on Solana, trading expected July 2025.

Ripple’s XRPL EVM Sidechain Goes Live on Mainnet

by shark
July 2, 2025
0

Ripple, alongside Peersyst Technology and Axelar, launches the XRP Ledger EVM sidechain to enhance interoperability across blockchain networks.

Crypto Stocks Surge 119% in 2025, Outpacing Bitcoin

by shark
July 2, 2025
0

Analysis of cryptocurrency stocks surpassing Bitcoin's growth in 2025 due to U.S. regulatory changes.

UniCredit Links Investment Certificate to Bitcoin Trust

by shark
July 2, 2025
0

UniCredit SpA issues a five-year investment certificate linked to BlackRock's iShares Bitcoin Trust, exclusively for professional clients in Italy.

ZachXBT Questions Ripple’s RLUSD Adoption Credibility

by shark
July 2, 2025
0

ZachXBT questions Ripple's RLUSD adoption tactics, raising concerns over credibility and market reactions. The controversy highlights broader implications within the...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Coinbase to List Wormhole (W) on Solana Network
  • Ripple’s XRPL EVM Sidechain Goes Live on Mainnet
  • Crypto Stocks Surge 119% in 2025, Outpacing Bitcoin
  • UniCredit Links Investment Certificate to Bitcoin Trust
  • ZachXBT Questions Ripple’s RLUSD Adoption Credibility
  • DDC Enterprise Raises $528 Million for Bitcoin Treasury
  • Tesla Shares Falter Amid Trump and Musk Conflict
  • Upbit Partners with Naver Pay for KRW Stablecoin
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7