Chromia announces the launch of its MVPMainnet,marking a significant milestone in the development of the Chromia network and the introduction of the native
$CHRtoken.
Points
- ChromiaislaunchingitsMVPMainnetonJuly16th.
- TheMVPMainnetwillestablishthecoreoperationsofChromia.
- The$CHRtokenwilltransitionfromERC-20andBEP-20tothenewnetwork.
- Chromiaintegratesrelationaldatabaseswithblockchaintechnology.
- ThemainnetlaunchisexpectedtoincreasenetworkactivityandTVL.
Chromia,a blockchain platform known for integrating relational databases with blockchaintechnology,is set to launch its MVP Mainnet on July16th.This significant milestone will mark the beginning of the native$CHRtoken,which will transition from its currentERC-20andBEP-20versions on Ethereum and BNBChain,respectively,to the newnetwork.
The MVPMainnet,or Minimum Viable ProductMainnet,represents the first functional version of the Chromianetwork,establishing its core operations and setting the stage for futuredevelopments.HenrikHjelte,the CEO ofChromia,reflected on theproject’sjourney:
“Ithas been twelve years since our start with ColoredCoins.Followingthis,we launched abank-backedstablecoin.We also recognized the potential of integrating relational databases withblockchain.All this inspired the creation ofChromia.After manyyears,we will see the concept of relational blockchain become areality.”
FunctionsoftheMVPMainnet
The MVP Mainnet will establish several key features forChromia,providing a foundation for further network expansion anddevelopment.The mainnet launch is anticipated to increase network activity significantly and boost the Total Value Locked（TVL）as ecosystem projects deploy decentralized applications（dApps）onChromia.
WhatMakesChromiaUnique?
Chromia stands out for its unique approach to integrating blockchain with cloud computing and relational databasetheory.AlexMizrahi,another Chromiaco-founder,highlighted theplatform’scapabilities:
“Chromiautilizes blockchain and cloudcomputing.It also combines the theory of databases to offer tools for theend-userexperience.The launch represents the foundation forChromia’snetwork to expand andgrow.I am looking forward to seeing what developers are capable of withChromia’stechnology.”
TheBenefitsofRelationalBlockchain
Chromia’srelational blockchain technology offers severaladvantages,including enhancedscalability,flexibility,andefficiency.This approach allows developers to create dApps that are more powerful anduser-friendlycompared to those on traditional blockchainplatforms.
What’sNextforChromia?
With the MVP Mainnet inplace,Chromia’snetwork activity is expected toincrease,leading to significant growth in TVL as more assets are bridged from Ethereum Virtual Machine（EVM）chains toChromia.This growth will be facilitated by the deployment of various dApps within the Chromiaecosystem.
解説
- InnovativeIntegration:Chromia’sintegrationofrelationaldatabaseswithblockchaintechnologyispioneering,potentiallysettinganewstandardforblockchainplatforms.
- NetworkGrowth:ThelaunchoftheMVPMainnetisacriticalsteptowardsincreasingnetworkactivityandTVL,essentialfortheplatform’slong-termsuccess.
- DeveloperPotential:ChromiaprovidesdeveloperswithpowerfultoolstocreateadvanceddApps,likelyleadingtoinnovativeapplicationsandincreasedadoption.
- FutureProspects:Chromia’suniqueapproachandtheupcomingmainnetlaunchpositionitwellforsignificantgrowthandexpansionintheblockchainspace.