ParallelChain Mainnet is a new Proof-of-Stake layer-1 project that pioneers the native interoperability between public and private blockchains, it aims to create a super-ecosystem of universal smart contracts that bridge the infrastructure divide between centralised and decentralised finance.
What is Dual-Blockchain?
ParallelChain is a dual-blockchain ecosystem powered by two layer-1 distributed ledgers: ParallelChain Mainnet and ParallelChain Enterprise – developed by ParallelChain Lab, a technology company specialising in distributed systems and machine learning. ParallelChain Mainnet is a Proof-of-Stake open-source platform for building decentralised, web2-interoperable blockchain applications; and ParallelChain Enterprise is a business-native, permissioned blockchain for use cases that demand stronger privacy, scalability, and compliance features.
What is the Supply of XPLL?
XPLL is an inflationary asset, with 125 million XPLL coins minted at genesis.
ParallelChain Tools Include:
ParallelWallet mobile app for seamless and password-free user experiences of ParallelChain. It also supports storage and transfer of BTC, Ethereum and BSC-based assets.
ParallelChain Explorer for real-time transaction status and to inspect transactions, addresses, analytics (performance), and blocks.
'ParallelChain light client' to interact with the testnet node.
'ParallelChain F Smart Contract SDK (pchain-sdk)' which provides Rust structs, functions, types, and macros that aid with the development of smart contracts executable in WASM engines implementing the ParallelChain F Smart Contract Virtual Machine (VM) specification. It enables developers to write Smart Contracts in an idiomatic and highly-readable style.
A CLI build tool named pchain_compile for smart contract developers to build their source code to WASM binaries for deployment on ParallelChain.
XPLL is the Native Utility Token of ParallelChain, Holders Can Use it to:
Pay for transaction fees on ParallelChain.
Run validator nodes on the network via staking.
Staking on validator nodes.
The Team Behind ParallelChain
The ParallelChain blockchain is developed by ParallelChain Lab, a Singapore-based technology company founded in 2018 and specialised in blockchain and artificial intelligence.