Review on Chromia by francis fernandez

Name: Chromia
Item: Chromia
Rating: 4

December 18, 2020

Chromia: overcoming the barriers of conventional platforms

There are many existing platforms in the cryptographic industry that seek to overcome the common obstacles between them; one of those who has taken up this challenge is Chromia.
Chromia is a digital gateway that allows you to develop decentralized applications in an easy and secure way through the use of the potential of blockchain technology.
Chromia's mission is to contribute to the creation of faster technological solutions that overcome the obstacles that its predecessors have suffered and to help simplify and unify criteria based on their development, in such a way that their coding is used universally by developers.
Technology:
Chromia uses the powerful infrastructure of the Ethereum chain combined with easily understood computer languages such as SQL and Rell to generate universal criteria of technology that are easily understood by all developers. In such a way, that creating decentralized applications is an easy and accessible task for all creators worldwide.
The platform also has the support of other blockchains that contribute to its simplifying mission of decentralized solutions and are part of the platform's network of validator servers.
Consensus:
Chromia uses two consensus mechanisms: the BTF (Byzantine Fault Tolerance) consensus protocol used by the validator nodes of the supporting networks and the POW consensus to further secure the platform chain.
Token:
The Chromia platform uses its CHR cryptocurrency to power its network operations.
The CHR token operates on the Ethereum network; becoming an ERC-20 category token.
Token Utilities:
• The CHR token can be used in decentralized solutions
• They are used to make the payment of commissions for blocking
• It allows to reward project investors
• Allows creators to earn income from their decentralized applications
Without a doubt, Chromia is a platform that is here to stay, due to its usefulness to develop dApp in a simple way, obtain income safely and save costs in fees.
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