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Introduction of Pom Chain

Pom Chain relies on a system of POW consensus that can support short block time and lower fees. This allowed the nodes of the Ethereum network to agree on the state of all information recorded on the Ethereum blockchain and prevented certain kinds of economic attacks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.

The Pom Chain also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability. POM Exchange remains a liquid venue of the exchange of assets on both chains. This dual-chain architecture will be ideal for users to take advantage of the fast trading on one side and build their decentralized apps on the other side. The Pom Chain will be:

  • EVM-compatible: Supports all the existing Ethereum tooling along with faster finality and cheaper transaction fees.
  • Interoperable: Comes with efficient native dual chain communication; Optimized for scaling high-performance dApps that require fast and smooth user experience.
  • Distributed with on-chain governance: Proof of Work brings in decentralization and community participants. As the native token, POM will serve as both the gas of smart contract execution and tokens for staking.