Chromia (CHR) to Be Listed on BitMart on March 20th

BitMart will list Chromia (CHR) on March 20th. The trading pair for this listing will be CHR/USDT. By Cointelegraph.

BitMart will list Chromia (CHR) at 3 PM (UTC) on March 20th, 2024, in trading pairs with USDT.

About Chromia

Chromia is a relational blockchain platform designed for the development and deployment of decentralized applications (DApps). Developed by ChromaWay, a company with experience in blockchain solutions since 2014, Chromia aims to introduce a new generation of DApps that are more scalable and capable of handling the complexities of real-world problems in various domains, including finance, healthcare, education, and governance.

Chromia sets itself apart with its distinct relational blockchain architecture. This structure features each node on the network having its own relational database, which optimizes data storage and querying capabilities. The result is rapid transactions, low fees, and high scalability. Unlike conventional blockchains that maintain a global state, Chromia utilizes a DApp-specific local state, reducing the complexity of reaching consensus. Developers working on Chromia can leverage widely recognized languages such as SQL and JavaScript. The platform’s architecture enables DApps to have individual blockchains running on selected network nodes, facilitating parallel transaction processing for increased scalability.

The Chromia ecosystem operates with a native utility token called CHR. This token’s primary uses include covering transaction fees, staking to secure the network, participating in governance to influence the future of the platform, and gaining access to DApps within the Chromia ecosystem. Furthermore, CHR holders can receive a portion of the fees generated by DApps, reflecting the platform’s growth and adoption. The CHR token also features interoperability with other major blockchains, including BNB Chain and Ethereum, through integrated bridges and sidechains.