Scalability is the main reason why blockchain technology has not been widely adopted. Among the biggest hurdles blockchain has to overcome low throughput and its negative environmental impact.
Even though blockchain is known for its security due to its decentralized nature, some of them are still susceptible to 51% of attacks, endpoint vulnerabilities, vendor exploits, or faulty source code.
Additionally, there are no solutions for truly cross-chain communication without a third party, such as a centralized exchange.
But COREmultichain can resolve these most difficult blockchain problems.
What are the solutions?
- Coremultichain uses AI-based Proof-of-Stake consensus in conjunction with a scalable and secure parallel protocol for distributed ledgers via sharding and side chains. Through asynchronous consensus zones, blockchain networks can broadcast blocks faster and scale out;
- In addition to blockchain migrations and bridges, the company uses trusted relays, hash-locking, notary schemes, and side chains to improve cross-chain transactional efficiency;
- Due to the multi-party computations, committee reconfigurations, distributed random generation, attribute-based encryption, and zero-knowledge proof CORE have incorporated into its solution, you can transact in our ecosystem in a secure and private manner;
- It is building an environment that can be easily used. With a simplified payment gateway and a wallet, you will have convenience and access to CORE sophisticated solution.
It also offers its native token, CMCX, which allows users to transact with other users via the blockchain and pay for all of the utility fees on the ecosystem. As part of the platform, it can be used for governance, staking, transactions, smart contracts, and validation rewards.
Interested in buying CMCX tokens?
On October 1st, Coremultichain will launch a token sale through the P2PB2B exchange. Up until October 15th, users can buy CMCX tokens, join the project's community, and enjoy a lot of services. Coremultichain plans to list its token on the P2PB2B exchange after the token sale. CMCX tokens will be available on P2PB2B shortly.