Chromia (CHR) has recently conducted its Initial Exchange Offering (IEO) KuCoin`, a state of the art cryptocurrency trading platform. And to celebrate this event, they will launch a listing campaign to give away a reward pool of 500,000 CHR to qualified KuCoin users. This campaign will start from 00:00:00 on May 31, 2019, to 23:59:59 on June 07, 2019 (UTC +8).

How to participate?

For users to participate in these activities, they are required to add both the CHR/BTC and CHR/USDT pairs to their Favorites throughout the campaign period.

Reward Distribution:

1. Win a Share of 300,000 CHR For The Top 50 Net Buying Traders!

The top 50 accounts that have the highest net buying amounts of CHR both buys and sells on KuCoin will win a part of 300,000 CHR rewards in balance to their trading amount.

The Reward Calculation:

Reward for each user is = (Each user’s total net buying volume / Top 50 users’ total net buying volume) × 300,000 CHR

Example:

If users enter the top 50 based on the CHR net buying amount during the activity with 10,000 CHR net buying volume and the overall net buying volume of the top 50 users is 100,000 CHR, users reward proportion will be of 10%, which would be 30,000 CHR.

2. Win a Share of 200,000 CHR As Participation Award

A supply of 200,000 CHR will be equally split between all specified traders that have a CHR net buying volume both buys — sells of 300 CHR or more throughout the competition period.

About Chromia (CHR)

Chromia previously called Chromapolis is a new blockchain platform for decentralized applications, created in response to the weaknesses of existing platforms and designed to allow a new generation of dapps to scale beyond what is currently possible.

It contributes to the same level of openness, transparency, and decentralization as other public blockchains. In Chromia miners are substituted with providers. Providers own nodes which produce blocks. It has been proposed that the four largest mining pools of both Bitcoin and Ethereum could exert essential authority over those networks if they colluded. It aims to guarantee that the minimum number of node providers whose collusion would be required to exert such control on Chromia exceeds this number significantly. It can, therefore, be said that the Chromia model does not point towards centralization any more than the earliest and most trusted public blockchains.

Key Features

A relational model

The Blockchain data and application environment are stored in a relational database. This model is deemed to be best in class in terms of flexibility, and consistency;

A relational programming language

Chromapolis dapp backends are composed in a specialized language which is strongly integrated with the relational model. This model progresses programmer productivity and guarantees application consistency;

Horizontal scaling

Each dapp has its blockchain(s). Because a subset of nodes controls each blockchain, it is likely to increase total throughput by increasing the number of nodes;

Rich indexing and querying

Dapps can quickly retrieve the information they need right from nodes operating the application. Dapp blockchain logic can execute complex queries without critical performance degradation;

High I/O throughput

Data queries and updates are committed to a heavily optimized relational database, allowing dapps to play a large number of queries and data updating operations.

The PBFT-style consensus

Transactions can be verified within seconds; First-class dapps

Dapps do not climb from “smart contracts” in Chromapolis, but are held first-class entities. Chromapolis grants dapp developers a high degree of flexibility and administration.

Dapp level provisioning

Designating resources to dapps rather than contracts gives developers the freedom to create their fee and resource use policies.