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0.00000310BTC
-3.81%
$0.19500253฿0.00000311Volume(24H)$12,375.65
Today
Low:0.18064300
High:0.19818400
Yesterday
Low:0.00000310
High:0.00000333

Market information

Market Cap $159,103,940.61
Global Volume(24H)$12,706,423.32
All-Time Low$0.00801547
All-Time High$1.3062
Initial Price$0.05
ROI
290.01%
Circulating Supply 812,434,439 CHR
流通百分比 100.0000%
Max Supply 978,064,789 CHR
Total Supply 812,434,439 CHR

Price history

Information

Converter

CHR

Project Introduction

Chromia is a blockchain platform designed to address the scalability issues of Dapps. The platform consists of a relational blockchain network. Dapps can be written in a way that is familiar to developers around the world, whether they are working on large enterprise applications, games, or small projects. Similar to sharding in Ethereum, each blockchain in Chromia is associated with a set of verifier nodes that are a subset of all the nodes that belong to Chromia. This node subset runs the Byzantine fault-tolerant (BFT) consensus algorithm. By anchoring Chromia's transaction history to proof of Work (PoW) blockchains such as Bitcoin and Ethereum, network consensus is further enhanced -- once the block is anchored, it is considered final. CHR is the native utility token for Chromia. The user can use the CHR token in the dApp, and the dApp in turn pays the transaction fee to block the producer with the CHR token. Chromia allows dApps to issue CHR supported tokens, and investors in dApp projects can be compensated with CHR through profit-sharing contracts. For developers, Chromia offers the opportunity to generate revenue from their dapps, and popular Dapps generate more revenue demand for tokens owned by developers. Current implementations of dApps on Chromia cover finance, gaming, real estate, and healthcare. In the future, Chromia will also focus on DApps involving supply chains, enterprise services and the Internet of Things. Chromia is both a blockchain and a relational database.

Project Vision

Designed to enhance existing DApps and allow the creation of next-generation DApps by providing scalability, improved data processing, and customizable fee structures.

Market Demand

While platforms like Ethereum can theoretically support the execution of any application, in practice there are many limitations: poor user experience, high platform costs, poor developer experience, and low security. All of this has held back decentralized applications from going mainstream.

Solution

Addressing this set of issues will require a serious re-understanding of blockchain architecture and the design of modules around the needs of decentralized applications. Our priorities are: making distributed applications available to millions of users; The user experience is as smooth as a centralized application, with no charge for each interaction and no waiting time; It allows developers to develop secure applications with minimal effort, following similar paradigms.

Token Usage Scenarios

Chroma (CHR) is a native token designed to empower and foster mutually beneficial relationships between developers, users and investors on the Chromia platform. 1. Act as the Nt dollar: THE CHR is used as the "standard" currency in the Chromia economy because Dapps can charge it as fees, or use it as reserves to peg their own tokens, etc. 2. Pay escrow fees: Dapps use THE CHR to pay for hosting fees, compensating the nodes. 3. Ecosystem collateral: THE CHR is used to ensure that providers have a presence in the Chromia ecosystem, thereby counteracting the incentive to collude. 4. System-wide purpose: Chromia has several special Chroma token accounts for system-wide purposes, such as ERC20 token hooks, system node compensation pools, development pools, etc.

Algorithm

Chromia uses PBFT algorithm mechanism to ensure data security, but to enhance the reliability of the data system, Chromia's overall data will be further anchored on the POW-type public chain.

Characteristic

Relational model: Blockchain data and application state are stored in a relational database. This module is considered the best in flexibility, versatility and compatibility. 2. Horizontal scaling: Each decentralized application has its own blockchain (and possibly multiple blockchains). Each blockchain runs on a subset of nodes, which increases the total production by increasing the number of nodes. 3. Powerful retrieval and query: Decentralized applications can quickly get the information they need directly from running application nodes. The blockchain logic of decentralized applications can complete complex queries without serious performance degradation. 4. Relational programming language: Chromia's decentralized application backend is written in a specialized language that is deeply integrated with the relational model. This model makes programmers more efficient and ensures application compatibility. 5. High I/O throughput: The speed of data queries and updates represents an extremely optimized relational database, enabling decentralized applications to handle large numbers of queries and data updates. 6. Integrated decentralized applications: Unlike Ethereum, where every DApp is built on top of a smart contract, In Chromia, dApps do not originate from a "smart contract", but as a whole individual. Chromia gives DApp developers more flexibility and control. In addition, Chromia doesn't charge users per transaction, but as a whole. This allows developers to set their own fees and resource usage policies (such as nodes sharing profits with developers), and significantly lowers the barriers to entry.

Technical Characteristics

1. Postchain framework was independently developed and launched by ChromiaWay in 2017. Postchain is a post-chain of alliance database for Chromia to solve the current problems of low TPS and high cost of blockchain research. Postchain allows rapid data sharing between individuals and developers, and a new Rell language is designed based on SQL. Chromia already has an IDE and its own relational programming language, Rell. Rell (Relational Language) is a new language developed by the team that will be applied to decentralized application programming. The language enables programmers to describe: Schema/data model; The Queries query; Procedural application code.

Release Mechanism

Chromia issued $1 billion CHR, and its total circulation was $429.8 million CHR, with a circulation rate of 42.98%, and its market value was USD 156.022 million. It is currently ranked 252nd in bee market capitalization.

Project Highlights

Chromia is database-centric, especially for applications that are database-like in nature or that deal with complex data architectures, complex queries, and retrieval. 2. Chromia has excellent data reading and writing capabilities, suitable for applications with large data processing requirements. 3. Chromia supports quick queries and quick validation, making it suitable for interactive applications where data needs to be displayed and updated in seconds. 4. Chromia is very flexible in terms of resource usage policies, and it can adapt to different business models, which was not possible on previous blockchains.

Values

Many public chains are easy to be attacked because of the few nodes involved; Chromia adopts PBFT algorithm mechanism to ensure security. Each node working in Chromia system will have several verification sub-nodes, and the sub-nodes will ensure the consistency of recorded data through PBFT consensus mechanism. The data is also anchored to the Bitcoin or Ethereum network in the form of a Hash to create a second firewall, meaning that hackers have to break the Bitcoin or Ethereum network instead of the Chromia network, greatly improving security. At present, the reason for the slow implementation of blockchain is low efficiency, while Chromia claims that the on-chain transaction time can be reduced to 1 second, and the TPS of dapps running on the side chain can exceed 500, and the IO throughput is greater than 100K, already exceeding the efficiency of EOS and ETH. At present, the official community is mainly discussing technical issues. Even if the market surges, there is not much discussion about the currency price, indicating that the community is rational, calm and focused on technological development. As for the market, the NFT attribute of CHR has begun to be discovered, and relevant Kols have begun to pay attention to this project and start to preach FOMO. There may be a relatively large space for imagination here. Exchanges, with the exception of Coinbase, are working with all top-tier exchanges. From the current development status of Chromia, the whole technology and ecology have been in a steady state of progress. At present, there is not enough linkage and cooperation with mainstream NFT and DeFi projects, which is also where the value space lies. Objectively speaking, Chromia has a very complete layout in all aspects, complete product pedigalogy, solid foundation, and is currently in a state of value depression. It is reported that many institutions have rated it as a project with high safety level. In terms of price, it is worth looking forward to. The ecological partners of a project, on the other hand, can also reflect the quality of the project itself, because birds of a feather flock together. Partners do extensive background checks before deciding whether to work with them, which can be a gatekeeper for investors. Chromia partners are also well-known, Chromia has more than 200 well-known customers and partners. Millions of users around the world will benefit from Chromia's technology (9 million people in Sweden will benefit from a single Swedish Land agency project). Major customers and partners include: Sweden land bureau, Telia Nordic telecoms operators (maximum), LHV bank, the inter-american development bank, new south wales, Australia land registry, Germany's federal economic cooperation and development, SEB Nordic commercial Banks, such as mastercard, and through the chain alliance cooperation of blackstone group and other large institutions.

Investment Opportunity

To some observers, the project's best days seem to be behind it. The new high (all time high) set on March 13 was above $0.75. In forecasting platforms, bet on asset prices recovering by the end of the year. As wallet Investor's forecast proves, the token could hit the $0.40 mark within 12 months. In the long run, the platform seems more optimistic. From a market perspective, it's important to note that Chromia operates in a highly competitive decentralized financial space. It is not the only platform that allows users to create their own applications. So if you want to invest in Chromia, competing projects will be one to watch closely.

Points

Chromia is well positioned. These pain points of DAPPS are a good entry point for large-scale application of blockchain, and the technology is implementable. Token CHR performance is also good, the project operation is relatively stable, grasp the blockchain innovation field.

Market Commentary

Chromia project is well positioned. For large-scale application of blockchain, the pain points existing in dApp are a good entry point, and the technology is implementable. Token CHR performance is also good, the project operation is relatively stable. Chromia team and consultants are luxurious, partners are also comparable to the number of large organizations. And this project is not "on paper", there are many application cases.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1Binance1BinanceCHR/USDT
0.19580000
1.19%$4,236,364.2416.4894%2024-09-19 22:09:17
2KuCoin2KuCoinCHR/USDT
0.19550000
0.36%$148,196.180.5768%2024-09-19 22:05:58
3Bitget3BitgetCHR/USDT
0.19581000
1.21%$136,069.830.5296%2024-09-19 22:10:25
4BingX4BingXCHR/USDT
0.19580000
1.19%$89,631.980.3489%2024-09-19 22:10:24
5Binance5BinanceCHR/BTC
0.00000312
-3.11%$85,217.40.3317%2024-09-19 22:08:41
6Crypto.com Exchange6Crypto.com ExchangeCHR/USDT
0.19569000
1.03%$54,633.390.2127%2024-09-19 22:08:29
7Gate.io7Gate.ioCHR/USDT
0.19550000
0.26%$46,655.910.1816%2024-09-19 22:10:09
8Binance8BinanceCHR/ETH
0.00007960
-4.1%$37,330.640.1453%2024-09-19 22:10:08
9Upbit9UpbitCHR/BTC
0.00000311
-3.12%$24,328.240.0947%2024-09-19 22:08:38
10Kraken10KrakenCHR/USD
$0.1973
1.81%$14,983.070.0583%2024-09-19 22:09:36
11KuCoin11KuCoinCHR/BTC
0.00000310
-3.81%$12,367.990.0481%2024-09-19 22:09:20
12Crypto.com Exchange12Crypto.com ExchangeCHR/USD
$0.19587
1.14%$8,724.370.0340%2024-09-19 22:10:12

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
BinanceBinance$4,358,912.2833.5689%Visit
KrakenKraken$17,000.360.1309%Visit
Gate.ioGate.io$46,710.320.3597%Visit
KuCoinKuCoin$160,564.171.2365%Visit
Crypto.com ExchangeCrypto.com Exchange$63,357.760.4879%Visit
BitgetBitget$136,069.831.0479%Visit
BingXBingX$89,631.980.6903%Visit
UpbitUpbit$24,328.240.1874%Visit
HTXHTX$88,911.530.6847%Visit
WhiteBITWhiteBIT$722,338.95.5629%Visit
XT.COMXT.COM$1,340,831.6410.3260%Visit