What is Chaino?
Chaino is an open-source blockchain platform launched in 2018 that allows developers to build decentralized applications and smart contracts. It aims to provide a scalable, secure, and energy-efficient foundation for Web 3.0 applications.
Some key features of Chaino include:
- Proof-of-stake consensus - Chaino uses a proof-of-stake model rather than proof-of-work, which is more energy-efficient.
- Smart contracts - Developers can deploy Turing-complete smart contracts on Chaino to create DApps.
- Scalability - Chaino employs sharding to increase transaction throughput and claims to be able to handle thousands of transactions per second.
- Interoperability - The platform offers native interoperability between its own shards and supports cross-chain communication.
- Developer tools - Chaino provides documentation, SDKs, APIs, and other tools to help developers build on the platform.
Use cases of Chaino include decentralized finance, supply chain tracking, digital identity solutions, gaming applications and more. It aims to provide the foundation for Web 3.0 and power the next generation of blockchain-based decentralized services.