What is chromia? Chromia is an open source public blockchain created by the Swedish company Chromaway AB. Chroma token (CHR) was launched in May 2019. The technology behind Chromia blockchain is adapted from an older technology called "Postchain", a solution provided by Chromaway AB for corporate clients. How does Chrome work? Chromia is a standalone blockchain and EVM compliant Layer 2 Tier 1 enhancement for Binance Smart Chain and Ethereum. It is designed to improve existing dApps and enable the creation of next-generation dApps by providing scalability, better data management, and customizable pricing structures. The blockchain uses a unique architecture called the relational blockchain, as well as a custom programming language called Rell. Rell is designed to code and function very similar to SQL, allowing developers to take advantage of the security and immutability of the blockchain while building, storing, and managing data. with the power of a relational database. Each dApp running on Chromia operates on its own sidechain that is rooted in the main blockchain. This allows each app to scale more efficiently and gives each app developer the freedom to choose from a variety of pricing structures. For example, one app may require users to pay transaction fees in CHR (similar to how Ethereum or Bitcoin work), while another app may stake enough CHR to reserve computing power and allow its users to make unlimited transactions without paying any fees. . What applications have been created in Chromia? Chromia already has a wide variety of applications based on its blockchain, using its chain as a decentralized storage layer and using level 2 enhancements. These applications range from the DeFi Hedge options trading platform to the open world farming game My Neighbor. the LAC PropertyChain government land registry initiative. One of the latest features in development is a new NFT standard called Chromia Originals, which will work as a native standard on the Chromia chain and as an enhancement layer for existing ERC-721 and BEP-721 tokens. The work on these level 2 improvements was developed in collaboration with My Neighbor Alice. Who is behind Chromia? Chromia's core team consists of industry veterans Or Perelman, Henrik Hjelte, and Alex Mizrahi. All three have deep roots in the crypto space, dating back to the early days of Bitcoin and Ethereum. For example, Alex published many of the early academic papers on Proof-of-Stake consensus and was also one of the key figures behind Colored Coins, one of the early projects to develop the idea of "tokens" that would later be brought to market. . forward for Ethereum. In short, Chromia is an actively developing Tier 1 and Tier 2 blockchain solution, aiming to provide advanced functionality and data storage and management capabilities for decentralized applications.