I came across this article couple of days ago and ever since then I have been fascinated about the platform, in a world where blockchain technology is getting off the ground what we need is every innovation that can improve the overall performance and speed of the blockchain. I decided to write about the advantage this platform seeks to provide because I felt it better to know right away why a new platform should be considered and what we should expect from such an innovative platform.





PCHAIN network is a native multi-chain system that supports Ethereum Virtual Machine (EVM) with an attempt to improve on the workings of existing architecture to make large-scale application possible through concepts such as multichain, sharding and smart data. It makes use of solidity (a new programming language supported by EVM) and EVM for smart contracts in its mainchain and sidechain to enable current EVM user build a new or migrate to an existing Decentralized Application (DApp) on the PCHAIN network quickly. Click here for more information

Here are few advantages of PCHAIN network:

The PCHAIN Network is the first blockchain platform that seeks to support Smart Data, which enables Knowledge graph to be formed and also makes execution of smart contract within a closed loop possible.

The major goal of PCHAIN network is to provide a well-established and well-documented tools for the blockchain community as well as the developers so that applications can be designed and built within the ecosystem.

Every DApp possesses its own chain that simplifies browsing and restoring of transactions

In pchain network, all the important data can be collected through traversing the corresponding sidechain from the initial block to current block and as such transactions can be restored to provide browsing, which is completely different from one particular chain that still needs to scan all unrelated blocks. By doing this, efficiency will be greatly improved.

Provide support for large-scale Transactions

In PCHAIN network every sidechain is spawned and operated without affecting the mainchain and other sidechains. When a DApp transaction level is large, the computing power of the whole network focus on the chain because of incentive mechanism to ensure blocks can be produced in time and transactions can be completed as soon as possible.

Parallel computing is guaranteed through the new consensus

Originally POW mechanism of most public blockchain ensures that every node is involved in mining which makes the probability of producing new blocks very high. However, the probability of fork also is high. Using the new consensus mechanism, a group is formed for consensus and the probability of fork is reduced. Interestingly, with the new mechanism, when a group reaches a consensus, CPU operation is not needed anymore, which can reduce the usage of power thereby saving cost. All nodes can be divided into many small sub-groups and each sub-group has a consensus on one chain, which is a concurrent consensus. Doing this, the computing power is fully utilized and the growing of the PCHAIN Network is smooth.

Supporting smart contract upgrade

The PCHAIN Network supports the upgrade of smart contracts.

High fault tolerance

Because of the way PCHAIN Network is built, the main function of the mainchain is just to record, and errors will not occur in theory. When an error happens in a sidechain, the mainchain and other sidechains are not affected and only affected sidechain needs to be corrected.

Expansibility

It is very easy to deploy a new DApp with expanding a new sidechain. Under the consensus mechanism, the growing of new chain does not cause much burden.





PCHAIN Testnet1.0 officially launched, TPS peak reached 123,424

PCHAIN is on the Watchlist of CoinCodex. Top 3 coin to watch.

check out PCHAIN Weekly Progress Report (8/9/2018–14/9/2018) for more information

Join PCHAIN community:

Blog/Medium: https://medium.com/@PCHAIN

Steemit: https://steemit.com/pchain/

Telegram: https://t.me/pchain_org2

https://t.me/pchain_org_ann

Twitter: https://twitter.com/pchain_org

Reddit: https://www.reddit.com/r/Pchain_Org_Official

Github: https://github.com/pchain-org

Website: https://pchain.org/

Whitepaper: https://pchain.org/js/generic/web/viewer.html



