PRM chain is a delegated blockchain that provides multi-chain features with seamless cross-chain De-Fi ecosystem which allows instant in-chain PRM swap/conversion
Explore the PRM chain.PRM chian is a progressive technology that is ardent about the adavancement and forward development of borderless/Cross border financial lifestyle with a global community at the core.
We have a very Supportive community, with many who beleive "Primal" has intoduced to crypto space. PRM chain whoose relentless support and fervent commitment to primal have been the core of our sturdiness and robustness as a framework; their increase in demand , continual development on the chain means we constantly increase our transaction capabilities, scale the chain effieciencies, yet cheap for all that.
security translates to trust and trust means security Scalability is a challenge faced by all public blockchains, and PRM Chain is no exception. Although, currently, the PRM Chain is far from being saturated by the incoming transactions, the project team is keenly aware that this may change at any moment. Hence, research has been ongoing into the potential options for boosting the scalability of PRM Chain without significantly sacrificing decentralization and security.
PRM chain is one of, if not the most secured blockchain, user are very confident of the sealmless transaction , safety of their assest , security of their engagements.
An EVM-compatible blockchain powering DeFi, NFTs, GameFi, Metaverse, and more Web3 projects since 2020.
Daily Active Users
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Create token and build your own DApp today!
Explore the PRM chain.EVM-compatible Layer 1 with compatible tooling for up to 35x capacity.
Supports popular programming languages: Solidity, GO, Java, Swift; with a short block time and high block gas limit.
you can build your own validator node, same process for all EVM chain validators , or better reach out to us; our process is enabled for stable and decentralised validator network.
Create your own token , build your DApp and start your project , we are here to accelerate you with the best technology on offering in the crypto space.
Accelerate My dAppsThe PRM chain ecosystem is growing, with millions of daily active users
PRM chains aims to provide help and support projects looking to expand beyond their existing blockchain and build on the PRM chain
See InstractionPRM Chain Consensus
Consensus refers to the agreement process between nodes in a network. The nodes must agree on which transactions to include in the next block on the chain before these transactions are committed.
There are 2 aspects to the process - the actual consensus mechanism to add transactions to blocks, and Sybil protection and validator incentives.
Sybil protection and incentives via delegated proof of stake PRM Chain uses delegated Proof of Stake (dPoS) to provide Sybil protection and align the validator incentives.
In order to participate in securing the network consensus, a node operator must stake a minimum required amount of PRM coins (currently set at 100,000 PRM). Becoming a validator on PRM Chain is permissionless, meaning that a node operator just needs to satisfy certain technical requirements. The need to stake PRM ensures that an entity cannot create multiple seemingly distinct validators without incurring a significant cost. Hence, the Sybil protection. Currently, the maximum number
PRM chain relies on a system of 55 validators with Proof of Staked Authority (PoSA) 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, malicious vote detection and other slashing logic guarantee security, stability, and chain finality. Other than the 32 active validators, PRM chain will introduce more validators, e.g. another 23 inactive validators, into the validator set as backups, which will be called "Candidates".
PRM chain combines DPoS (Delegated Proof of Stake) and PoA (Proof-of-Authority) for consensus, so that:
Blocks are produced by a limited set of validators
Validators take turns to produce blocks in a PoA manner, similar to
Validator set are elected in and out based on a staking based governance
The consensus protocol of PRM chain fulfills the following goals:
Short Blocking time, 3 seconds on mainnet.
It requires quite short time to confirm the finality of transactions, around 6s for mainnet after the coming Plato upgrade.
There is no inflation of native token: PRM chain, the block reward is collected from transaction fees, and it will be paid in PRM chain.
It is 100% compatible with Ethereum system.
It allows modern proof-of-stake blockchain network governance.
Proof of Staked Authority brings in decentralization and community involvement. Its core logic can be summarized as the below. You may see similar ideas from other networks, especially Cosmos and EOS.
Token holders, including the validators, can put their tokens "bonded" into the stake. Token holders can delegate their tokens onto any validator or validator candidate, to expect it can become an actual validator, and later they can choose a different validator or candidate to re-delegate their tokens.
All validator candidates will be ranked by the number of bonded tokens on them, and the top ones will become the real validators.
Validators can share (part of) their blocking reward with their delegators.
Validators can suffer from "Slashing", a punishment for their bad behaviors, such as double sign and/or instability.
There is an "unbonding period" for validators and delegators so that the system makes sure the tokens remain bonded when bad behaviors are caught, the responsible will get slashed during this period.
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