Chain Selection

The Move Move Coin project primarily operates on the following mature blockchain networks.

About Ethereum

Ethereum is an open-source decentralized blockchain platform developed and released in 2015 by Vitalik Buterin and others. Its goal is to establish a decentralized application platform that supports smart contracts, enabling developers to build and deploy self-executing smart contracts and decentralized applications (DApps).

The Ethereum blockchain uses Ether (ETH) as its cryptocurrency and employs the Ethereum Virtual Machine (EVM) to execute smart contracts. Ethereum's smart contracts are programmable code that can automatically execute predefined rules and conditions. This makes Ethereum a powerful, flexible, and highly programmable blockchain platform, attracting numerous developers and entrepreneurs.

One of Ethereum's features is its support for the issuance and trading of non-fungible tokens (NFTs), enabling unique proof and ownership transfer of digital artworks, virtual assets, and game items on the blockchain.

Ethereum is continually evolving and planning to introduce Ethereum 2.0, an upgrade aimed at improving network performance and scalability. It will replace the current Proof of Work consensus mechanism with Proof of Stake to reduce energy consumption and transaction fees.

As one of the most popular and widely used blockchain platforms, Ethereum finds applications in finance, supply chain, gaming, art, and more. Its openness and programmability make it a preferred platform for global innovators and developers, offering significant potential and opportunities for building a decentralized digital world.

About TRON

TRON is a decentralized blockchain platform founded by Chinese entrepreneur Justin Sun in 2017. TRON aims to build a global content entertainment ecosystem based on blockchain technology, facilitating free asset circulation and decentralized content distribution.

TRON uses its cryptocurrency TRX as its token and supports the development of smart contracts and DApps. Similar to Ethereum, TRON's smart contracts can execute preset conditions automatically, providing developers with a flexible development environment.

TRON is renowned for its high throughput and low transaction fees, capable of processing a large number of transactions with high-speed confirmations. It introduced the TRON 2.0 protocol, employing the Delegated Proof of Stake (DPoS) consensus mechanism to enhance transaction speed and network scalability.

TRON has a significant influence in the blockchain industry, particularly in the digital content and DeFi sectors. It offers an open and decentralized platform for developers and creators to build and release decentralized applications and content, enabling the value transfer and sharing of digital assets.

As part of the global blockchain ecosystem, TRON continues to drive the development of decentralized technology and applications, aiming to provide users and developers with a more open and transparent digital world, realizing decentralized and trustless value exchange.

About MATIC

Matic Network, now known as Polygon, is a multi-faceted technological framework designed to enhance and expand the capabilities of the Ethereum blockchain, addressing its main issues of low throughput, high transaction costs, and network latency. By constructing a multi-layered blockchain network, Polygon enables Ethereum to boost its performance, support more users and complex applications, while maintaining compatibility with the Ethereum ecosystem.

Polygon utilizes the Plasma framework, integrated with Proof of Stake (PoS) sidechain technology, enabling fast and low-cost transactions while ensuring asset security. This structure allows developers to build high-performance decentralized applications (DApps) without leaving the Ethereum ecosystem. Transactions on the Polygon network are quick and inexpensive, attracting a large number of developers and projects.

As blockchain technology evolves, Polygon aims to facilitate the adoption of Web3 by providing an easy-to-use platform capable of supporting large-scale, complex applications. It supports two main constructions: secure chains and standalone chains, offering the choice between relying on Ethereum's security or operating entirely independently from Ethereum. Polygon's vision is to realize an open, decentralized, interconnected blockchain network, providing a robust infrastructure for users and developers. As more projects and developers join, Polygon is becoming an essential bridge connecting Ethereum with other blockchain networks.

About Binance Smart Chain

Smart Chain Binance Smart Chain (BSC) is a decentralized blockchain platform launched by the renowned cryptocurrency exchange Binance in September 2020. It aims to provide high-performance, low-cost smart contract functionality to meet the needs of DApps.

BSC is a second-layer blockchain built on top of Binance Chain and uses the Proof of Staked Authority (PoSA) consensus mechanism. Combining elements of Proof of Stake (PoS) and Proof of Authority (PoA), PoSA aims to enhance network throughput and confirmation speed.

BSC is Ethereum Virtual Machine (EVM)-compatible, allowing developers to migrate their Ethereum smart contracts to BSC easily and utilize existing development tools and resources. This makes BSC a popular choice, attracting a substantial number of Ethereum developers and users.

BSC's main advantages lie in its high performance and low transaction fees. Compared to Ethereum, BSC can process more transactions with lower fees. It has become a popular choice for the DeFi and non-fungible token (NFT) markets.

As part of the Binance ecosystem, BSC integrates deeply with Binance Exchange, providing users with convenient asset transfer and trading experiences. It also supports bidirectional asset exchange with Binance Chain, enabling free asset transfers between the two blockchains.

Overall, Binance Smart Chain is a powerful decentralized blockchain platform with an active community, offering rich functionality and cost-effective transaction experiences for developers and users. It is not only an essential component of the Binance ecosystem but also promotes the development of decentralized applications and digital assets on a global scale.

About IPFS

Click to learn more.

Last updated