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About Pirichain Summary
- Pirichain is built on a delegation-based proof-of-stake consensus algorithm (dPoS).
- Innovations: adding special data into transactions and creating smart scenarios based on addresses.
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Pirichain Smart Scenario System:
- Address infrastructure, not token infrastructure like Ethereum’s Smart Contracts.
- Addresses of smart scenarios are directly individuals or institutions.
- Roles: querying information, making transactions, running triggers, sending data/assets to another smart scenario.
- Compatible with Web 3.0 concept, providing an infrastructure for an information ecosystem built on blockchain technology.
- No numbers or figures mentioned in the
About Pirichain: Empowering a Decentralized Future
What is Pirichain? Pirichain, also known as Piri Blockchain, is built upon a delegation-based proof-of-stake consensus algorithm (dPoS). This innovative platform incorporates diverse methods that diverge from the traditional approaches employed in conventional blockchains. Inspired by the renowned Turkish traveler, Sailor Piri Reis, Pirichain boasts groundbreaking features that set it apart from its peers. Notably, it enables the inclusion of special data within transactions and facilitates the creation of smart scenarios based on addresses. The Pirichain Smart Scenario System is anchored in address infrastructure, unlike Ethereum’s Smart Contracts, which rely on token infrastructure. Consequently, the addresses of smart scenarios are directly linked to individuals or institutions, thereby eliminating the risk of forgery or fraud in the address-based system. Smart scenarios, akin to SQL language, assume multifaceted roles, including querying information within the block network, executing transactions, triggering actions, and transmitting data or assets to other smart scenarios. By doing so, Pirichain not only aligns seamlessly with the Web 3.0 concept but also provides a rare, blockchain-based infrastructure for creating an information ecosystem.
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