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JVDEGCR

What is JVDEGCR?

JVDEGCR brings EVM-compatible programmability and native cross-chain communication with JVDEGCR using an innovative consensus of Proof of Authority(PoA)

Why is JVDEGCR designed as a separate chain from JVDEGCR?

The execution of a Smart Contract may slow down the exchange function and add non-deterministic factors to trading. Even if that compromise could be tolerated, it might be a straightforward idea to introduce a new Virtual Machine specification based on Tendermint, based on the current underlying consensus protocol and major RPC implementation of JVDEGCR. But all these will increase the learning requirements for all existing dApp communities, and will not be very welcomed.

How does JVDEGCR work? What is the architecture and consensus used?

JVDEGCR relies on a system with Proof of Authority (PoA) consensus that can support short block time and lower fees.

There will be fewer validators on JVDEGCR testnet.

Can you tell more about Proof of Staked Authority(PoSA)? What is it?

PoSA is a combination of PoA and PoS. Blocks are produced by a limited set of validators, they are elected in and out based on a staking based governance. Validators take turns to produce blocks in a PoA manner

What are the benefits for developers to build on JVDEGCR?

  • EVM-compatible: JVDEGCR supports all the existing JVDEGCR tooling Fast block time, cheaper cost
  • Native cross-chain trasfer & communication: JVDEGCR DEX remains a liquid venue of exchange of assets on JVDEGCR and JVDEGCR"

What are the benefits for developers to build on JVDEGCR?

JVDEGCR opens the gate for users to take advantage of the fast transferring and trading

What make JVDEGCR different?

Key Innovations:

  • Proof-of-authority Consensus

  • Native Cross-Chain Communication

  • Expand the use cases of JVDEGCR token

JVDEGCR is EVM-compatible. What does that mean?

EVM means JVD Virtual Machine. Any smart-contract written to run in EVM can be easily ported to JVDEGCR.

Can developers make hybrid Dapps using both JVDEGCR and JVDEGCR in one single Dapp?

Yes, with the help of native cross-chain functions