Venom Blockchain: A Layer-Zero Solution for Web3 | $venom airdrop
Venom blockchain is a novel platform that aims to provide a scalable and secure infrastructure for decentralized applications (dApps) in the fields of decentralized finance (DeFi) and global payments. Venom blockchain is designed as a layer-zero solution, meaning that it can support multiple blockchains and workchains with different consensus mechanisms and smart contract languages. This allows for interoperability and customization of dApps according to their specific needs and preferences.
What is Venom blockchain?
Venom blockchain is a project of the Venom Foundation, a non-profit organization regulated under the Abu Dhabi Global Market (ADGM)1. The foundation’s mission is to build a multi-blockchain network with next-generation solutions and governance of the highest standards2.
Venom blockchain is built on the Threaded Virtual Machine (TVM), which is a Turing-complete virtual machine for smart contract execution. TVM utilizes the Actor model, which isolates and parallelizes actors, allowing for efficient handling of complex distributed systems2. Actors are independent entities that communicate through messages and can perform computations asynchronously.
Venom blockchain also implements a dynamic sharding protocol, which groups accounts into shards based on their activity and communication patterns. This improves efficiency and enables contracts to execute in an asynchronous mode2. Shards can be created and destroyed dynamically, depending on the network load and demand.
Venom blockchain claims to achieve high performance and scalability, with over 100,000 transactions per second and an average transaction fee of less than $0.00022. Venom blockchain also has a zero emission policy, meaning that it does not produce any carbon footprint or environmental impact2
LINKS
Website: https://venom.foundation/1
Twitter: / venomfoundation2
Discord: / discord
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