SmartLaunchpad Joined Forces with Octium!
SmartLaunchpad Announces Partnership with Octium, a Crypto Exchange and a Blockchain project.
Introduction of OCT Chain
TC Chain relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
The OCT Chain also supports EVM-compatible smart contracts and protocols. Cross-chain transfer and other communication are possible due to native support of interoperability. OCT 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 OCT 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 Staked Authority brings in decentralization and community participants. As the native token, OCT will serve as both the gas of smart contract execution and tokens for staking.
What can you do with OCT Chain?
The purpose of the new blockchain and DEX is to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner.
TECHNOLOGY DETAILS
- OCT Chain as a Block Chain: about consensus, software stack, network layout and roles.
- Run a OCT Chain full node: how to run a full node and become part of the p2p network of OCT Chain.
About Octium
Octium is to create an alternative protocol for building decentralized applications, providing a different set of tradeoffs that we believe will be very useful for a large class of decentralized applications.
About SmartLaunchpad
SmartLaunchpad is the next generation decentralized IDO Launchpad and Incubation zone for DeFi, Gaming, Metaverse & NFT projects Built on Binance smart chain and Polygon Network.
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