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Catena Formerly (CORE MultiChain) is a PoS blockchain focused on Interoperability, Scalability, and Usability and Privacy.
Catena provides advantages over existing and legacy blockchains such as sharding, simplistic blockchain creation and implementation, cross-chain capabilities, and high transaction throughput.
Catena created a decentralized neighbor selection protocol that continuously strives to create optimal peer connections to decrease confirmation latency. The protocol achieves this through constantly analyzing and learning how nodes interact with their neighbors.
How Does the Catena Attract People?
* Lightweight
Compatible with the self-interests of each peer, or ability to select the best neighbors
* Robust against adversarial actions: A Catena peer does not need all details about a candidate neighbor to decide whether to connect Incentivizes peers to relay blocks promptly.
* Naturally adaptive to varying hash-power
Catena is the next generation of blockchain protocol designed to enable legacy, current, and future blockchains to scale and communicate seamlessly. Catena offers a wide variety of possibilities in the blockchain space due to its sharding, interoperability, and central algorithm.
By providing a fair and secure platform, Catena allows users to regain control over their personal information. The project offers a scalable network featuring functionalities that bypass current blockchain limitations. CORE intends to provide an environment-friendly system that is sustainable, interoperable and provides enhanced throughput.
Highlights
Network Efficiency – Catena contains an AI model at the core of its blockchain. This AI Model speeds up the network’s collective transaction processing times and also enables the network to operate under attacks or faults.
Security – The AI model helps coordinate the nodes on the network while also strengthening security on the Catena blockchain. This is accomplished through the network’s outlier detection protocol, which monitors for unusual behavior. The AI randomly selects nodes to test and gather data, monitoring network activity outside of the norm. In this phase, any corrupt nodes will be identified.
Scalability – To address the scalability issue of Practical Byzantine Fault Tolerance, Catena enhanced the consensus mechanism by reducing the communication complexity within standard PBFT implementations to create the Accelerated Practical Byzantine Fault Tolerance (APBFT) consensus mechanism.
CMCX Coin Usage
Through the CMCX token, users can conduct transactions on the Catena blockchain and pay for all utility fees within the ecosystem. Platform users can use the token to participate in governance, stake, transactions, smart contracts, and reward validators.
Catena’s mission is to serve the community. Users can vote for management and developer teams using the native token (CMCX). The Catena community provides projects funding. Users will vote on any proposed changes to the blockchain or platform, creating a community-driven blockchain.
Through Catena, all blockchains, past and present, will be able to scale and communicate seamlessly with one another by utilizing the CMCX token.
Advantages
Extensive research & value proposition to current blockchain limitations: The Whitepaper available on the Multi-chain website provides an in-depth yet accessible presentation of the responses provided by the team to solve current limitations on scalability, network efficiency, overall security, and reward fairness.
The live Catena price today is $0.000017 USD with a 24-hour trading volume of $1,753.76 USD. We update our CMCX to USD price in real-time. Catena is up 0.16% in the last 24 hours. The current CoinMarketCap ranking is #6114, with a live market cap of not available. The circulating supply is not available and a max. supply of 20,000,000,000 CMCX coins.