7Moon Chain
What is 7Moon Chain?
7Moon Chain brings EVM-compatible programmability and native cross-chain communication with 7Moon Chain using an innovative consensus of Proof of Authority(PoA)
Why is 7Moon Chain designed as a separate chain from 7Moon Chain?
The execution of a Smart Contract may slow down the exchange function and add non-deterministic factors to trading. Even if that compromise could be tolerated, it might be a straightforward idea to introduce a new Virtual Machine specification based on Tendermint, based on the current underlying consensus protocol and major RPC implementation of 7Moon Chain. But all these will increase the learning requirements for all existing dApp communities, and will not be very welcomed.
How does 7Moon Chain work? What is the architecture and consensus used?
7Moon Chain relies on a system with Proof of Authority (PoA) consensus that can support short block time and lower fees.
There will be fewer validators on 7Moon Chain testnet.
Can you tell more about Proof of Staked Authority(PoSA)? What is it?
PoSA is a combination of PoA and PoS. Blocks are produced by a limited set of validators, they are elected in and out based on a staking based governance. Validators take turns to produce blocks in a PoA manner
What are the benefits for developers to build on 7Moon Chain?
- EVM-compatible: 7Moon Chain supports all the existing Ethereum tooling Fast block time, cheaper cost
- Native cross-chain trasfer & communication: 7MOON DEX remains a liquid venue of exchange of assets on 7Moon Chain and 7Moon Chain"
What are the benefits for developers to build on 7Moon Chain?
7Moon Chain opens the gate for users to take advantage of the fast transferring and trading
What make 7Moon Chain different?
Key Innovations:
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Proof-of-authority Consensus
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Native Cross-Chain Communication
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Expand the use cases of 7MOON token
7Moon Chain is EVM-compatible. What does that mean?
EVM means Ethereum Virtual Machine. Any smart-contract written to run in EVM can be easily ported to 7Moon Chain.
Can developers make hybrid Dapps using both 7Moon Chain and 7Moon Chain in one single Dapp?
Yes, with the help of native cross-chain functions