The live price of Chromia (CHR) today is 0.407238 USD, and with the current circulating supply of Chromia at 787,434,439.33 CHR, its market capitalization stands at 320,673,456 USD. In the last 24 hours CHR price has moved ? USD or 0.00% while ? USD worth of CHR has been traded on various exchanges. The current valuation of CHR puts it at #217 in cryptocurrency rankings based on market capitalization.
Learn more about the Chromia blockchain network and how it works or follow the price of its native cryptocurrency CHR and the broader market with our unique COIN360 cryptocurrency heatmap.
Chromia (CHR) is a blockchain platform designed to solve the scalability issues that plague many current blockchain solutions. It is a public blockchain powered by the unique technology of relational blockchain, combined with a traditional database. Chromia aims to empower developers by providing a platform that enables them to build decentralized applications (dApps) with ease and efficiency.
Chromia uses a unique consensus mechanism known as Byzantine Fault Tolerance (BFT). This mechanism ensures that the system can continue to function even if some nodes fail or act maliciously.
Chromia operates on a relational blockchain, which is a unique blend of blockchain and traditional database technology. This allows for increased scalability and efficiency, making it an ideal platform for dApps.
Chromia's unique relational blockchain technology allows for high scalability, enabling the platform to handle a large number of transactions per second.
Chromia's BFT consensus mechanism ensures high security, protecting the network from malicious attacks and failures.
Chromia provides privacy features that allow users to control who can access their data.
Chromia is a fully decentralized platform, ensuring that no single entity has control over the network.
Chromia is developed by ChromaWay, a team of experienced blockchain developers and entrepreneurs. The governance of Chromia is handled by the Chroma token holders, who vote on various proposals and decisions.
Chromia has a wide range of potential use cases, including gaming, real estate, and finance. Its unique technology could disrupt these industries by providing a more efficient and scalable blockchain solution.
Chromia can be purchased on various cryptocurrency exchanges, including Binance and Huobi. Users can buy CHR with fiat currencies, other cryptocurrencies, or through a bank transfer.
CHR can be stored in any wallet that supports ERC-20 tokens, including hardware wallets like Ledger and Trezor, and software wallets like MyEtherWallet and MetaMask.
Chromia has partnered with several notable companies and organizations, including the likes of Workinman Interactive, a leading game development company.
Chromia's future plans include further development of its platform, with a focus on improving scalability and efficiency. The team also plans to expand its partnerships and collaborations to increase the adoption of Chromia.
Like any blockchain project, Chromia faces several risks and challenges, including regulatory hurdles, competition from other blockchain platforms, and the technical challenges associated with scaling a blockchain network.
Chromia has a strong and active community of supporters and developers, who contribute to the project through coding, testing, and promoting the platform.
Chromia is committed to complying with all relevant regulations and laws, and works closely with legal experts to ensure its platform is fully compliant.
In conclusion, Chromia is a promising blockchain platform that combines unique technology with a strong team and community. Its potential to disrupt various industries makes it a project worth watching in the blockchain space.