The PCHAIN Network is a new infrastructure level public chain system with native support for multichain applications and EVM, providing an open, scalable platform for third party developers in the industry and making it possible for large-scale enterprise applications based on smart contracts. The core technologies underlying the PCHAIN Network include:
- The first native multichain architecture that supports EVM, with a consensus of POS based on multi-layer sharding mechanism that tremendously improves the performance of transactions.
- A new Oracle mechanism based on the knowledge graph makes it easier to encapsulate smart contracts. The endogenous W3C - compliant smart data of the PCHAIN Network effectively addresses the issue of non-intelligence in smart contracts and can become a fundamental element of smart contracts, just like the market exchange rate data from the external.
- The goal of PCHAIN Smart Data is to generate valuable data that filters out noise and make it an integral part of Oracle. These smart data can be used in various smart contracts and other cross-chain requestson the PCHAIN Network. Smart data, on the one hand, can serve as an intermediary between blockchain and artificial intelligence, and on the other hand, facilitates the integration of blockchain with big data. Therefore, it has a vast application prospects, including decentralised question and answer, forecasting markets, the building of distributed knowledge graph, social networks, digital identities and others.
- The trunked cross-chain solution makes the exchange of digital currency and digital assets more convenient. Various Tokens (eg. BCH, ERC20) can be directly used to invoke smart contracts in the PCHAIN Network.