Math Chain Is The Polkadot Smart Wallet Parachain Based On Substrate

Published on: 17.06.2021

MathChain is a SmartWallet AppChain based on Substrate for massive adoption, go-to-market and inclusive blockchain applications.

Governance

MathChain has an on-chain democracy system. Users and a democratically elected council can submit referendum proposals, which are voted by coin holders. This user-driven governance system allows MathChain to enact runtime upgrade much more easily, and with much reduced risk of network split, compared with hard-fork-based governance systems.

The same system also allows upgrading the consensus, including mining algorithm and difficulty adjustment algorithm.

A democracy governance system allows MathChain to build a public-good treasury system, with token holders having the final say on how funds are spent. The treasury taxation is fair, and at the same time voluntary, reducing the risk of centralization and misuse.

Road Ahead

Eventually MathChain will be a decentralized permissionless parachain powered L2, that allows easy interoperaibility with Polkadot / Ethereum / BSC / Filecoin / Rollups / EVM side chains, and focus on massive adoption / go-to-market / inclusive blockchain applications.

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