ThunderCore Super Chain Brings Applicable and Realistic Value
【 Published by ThunderCore | Editor: ThunderCore 】
ThunderCore is applicable for cryptocurrency and blockchain users, bringing together leading academics and specialists in the blockchain industry, ThunderCore’s CEO Chris Wang leads a team of driven Blockchain specialists to construct a scalable, fast, and safe blockchain platform. Demonstrating the true uses of blockchain through the ThunderCore Chain, witnessing the break-through scalability and application.
ThunderCore is an EVM-compatible public blockchain that offers higher outputs, increased efficiency and lower costs, making deployment faster while at the same time increasing scalability for DApps. ThunderCore Mainnet was first launched in 2019, using the PaLa Consensus Protocol, proven through strict academic and mathematical illustrations, demonstrating its safety and efficiency. The ThunderCore Mainnet’s primary uses are to store data, provide a DApp Wallet, as well as offer a Smart Contact Platform (DeFi). During the second quarter of 2020, ThunderCore attracted over 120K new users through the TT Mining V3 mining event, and attracted deposits of over 3 Billion Thunder Tokens as well as over 1 Million USDT.
ThunderCore Mainnet is a leading public blockchain that was founded by leading academics and engineers, developing their own cryptocurrency — Thunder Token. The ThunderCore Mainnet is open source, decentralized, and has a fault tolerant mechanism, which is dependable and safe and therefore establishing higher industry standards. ThunderCore Mainnet solves problems of usability and technological applicability, making blockchain technology more applicable and widely promoted.
ThunderCore Mainnet has 4 main features, including:
Fast — 1 sec confirmation, giving a seamless user experience.
EVM Compatible — Fully compatible with all Ethereum smart contracts and tools. Allowing migration in seconds.
Scalable — Similar to Ethereum 15–20 TPS, the ThunderCore Mainnet’s speed reaches 4,000+ TPS performance up to par with VISA, and has low transaction fees.
At the same time, it is secure and has been mathematically proven to be secure and unhackable, with an exclusive protocol: PaLa.
The PaLa consensus is efficient and simple, PaLa is a consensus protocol that has undergone many years of academic research and innovation to create the protocol that it is today. PaLa’s simple, economically incentivized election scheme allows for open participation, with any variable number of participants and fast fault recovery. Node operators can freely join the TT network and earn Thunder Token (TT) in exchange for running our network. Incentivizing users and slashing crypto-economically to guarantee good behavior and the security of our blockchain, to make the ThunderCore Mainnet both safe and dependable.
In comparison to other public chains, the ThunderCore Mainnet supports less smart contracts in the public blockchain, and provides users the other exclusive ThunderCore products including games, cross-chain transfers, daily bonuses and many others!
Benefits of Smart Contracts include:
Program as Law: Making programs serve as a law, meaning that smart contracts have the ability and power to read and write code and allow for calculation and editing accordingly. This allows anyone to write and edit the code, but once the code has been executed, it cannot be reversed or undone. Once the code is deployed, it cannot be undone and will only follow the logic as written in the code.
Environmentally Friendly: Smart contracts significantly reduces labor requirements, business processes, and paper trails–enabling the potential for a seamless operational procedure.
User Deployed Ecosystem — Anyone can use or deploy a smart contract with no restrictions. User established EVM standards allow smart contracts to easily interoperate with each other, creating a collaborative ecosystem of DApps.
In 2020, ThunderCore provided its Data Storing technology and service to the Taipei City Government in its internet voting platform i-Voting. i-Voting had approximately 12 administrative districts to allow for the public to submit their voting records to the ThunderCore Mainnet. Providing public data with a reasonable and realistic approach to collect voting data and results, and giving transparency for the data collected and stored, anyone can use the blockchain browser to check voting results and updates in real-time. All data submitted to the blockchain cannot be removed, as data builds on the chain, once a data has been submitted to the chain, it cannot be edited or deleted. Through ThunderCore’s leading blockchain scanner ThunderCore Scan：with internet connection, anyone with an internet connection can search and check data and transaction records submitted to the chain. Allowing for a more user friendly and simplified platform.
DeFi ＆ TT
DeFi is one the the most popular topics of 2020 in blockchain and decentralization. ThunderCore Mainnet has many applications, such as: Token Bridge, TT Mining, Super Node and many others; at the same time, it holds many advantages including:
Simplicity and straightforwardness: Transactions in blockchain undergo point to point transactions, unlike the traditional financial industry in which depending on the nature of the transaction may undergo 6 to 10 or more interactions.
Extremely Low Fees — The only “fee” incurred is the transaction fee, which on ThunderCore is less than US$0.001. Which differs in comparison to the traditional financial industry, where each party involved takes a fee and as the chain grows, in some cases the cost of the transaction may be as high as 30%.
User Freedom: Unlike the traditional financial industry, any transaction on the blockchain cannot be cancelled or altered, meaning no third-party can become involved in your transaction.
ThunderCore has the confidence in providing a true blockchain with real value that runs around the ThunderCore Mainnet ecosystem. While partnering with our global partners, ThunderCore has also partnered with En[code] to together promote the ThunderCore Club blockchain pre-accelerator, giving blockchain enthusiasts the chance to innovate and support their dreams. ThunderCore is excited for blockchain to bring its technology to add value to more industries and parts of the world, where everyone can enjoy the power of a super public chain ecosystem.
■ Source: ThunderCore
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