How ParodyChain Works

ParodyChain operates on a robust blockchain infrastructure, utilizing the Substrate framework for enhanced performance and scalability. Here’s a high-level overview of how it works:

Blockchain Infrastructure: Built on Substrate, ParodyChain offers a flexible and modular architecture that supports rapid development and deployment.
Smart Contracts: Supports Ethereum-compatible smart contracts, allowing developers to leverage existing tools and knowledge.
Consensus Mechanism: Utilizes a secure and efficient consensus mechanism to validate transactions and maintain network integrity.
Token Standards: Supports multiple ERC standards, including ERC-20, ERC-721, and ERC-1155, for versatile token creation and management.

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Last updated 10 months ago

How ParodyChain Works

ParodyChain operates on a robust blockchain infrastructure, utilizing the Substrate framework for enhanced performance and scalability. Here’s a high-level overview of how it works:

Blockchain Infrastructure: Built on Substrate, ParodyChain offers a flexible and modular architecture that supports rapid development and deployment.
Smart Contracts: Supports Ethereum-compatible smart contracts, allowing developers to leverage existing tools and knowledge.
Consensus Mechanism: Utilizes a secure and efficient consensus mechanism to validate transactions and maintain network integrity.
Token Standards: Supports multiple ERC standards, including ERC-20, ERC-721, and ERC-1155, for versatile token creation and management.

PreviousUse Cases NextThe ParodyChain Ecosystem

Last updated 10 months ago