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Economy Chain

Overview​

In a multi-chain blockchain ecosystem, efficient asset management presents unique challenges. Traditional blockchain architectures, where each decentralized application (dapp) manages its own tokens, often require users to bridge assets between different chains. This fragmentation can lead to increased complexity, potential security risks, and a suboptimal user experience.

To address these challenges, Chromia has launched the Economy Chain on mainnet. The Economy Chain serves as the primary infrastructure for CHR token management and economic operations across the Chromia ecosystem.

Core functions​

Centralized token management​

The Economy Chain functions as the central hub for CHR token operations, offering several advantages:

  • Unified balance management: Users maintain a single CHR balance on the Economy Chain, eliminating the need for multiple chain-specific balances
  • Streamlined payments: Dapps can request CHR payments directly from the Economy Chain
  • Proof-based transactions: Users complete transactions on the Economy Chain and provide cryptographic proof to dapps
  • Immediate settlement: Services and assets are delivered upon verification of payment proof

Cross-Chain bridge integration​

The Economy Chain integrates with Chromia's official bridge infrastructure, providing:

  • EVM chain support: Direct bridging of CHR tokens between the Economy Chain and major networks:
    • Ethereum mainnet
    • Binance Smart Chain

Network fee management​

As the foundation for Chromia's native fee system, the Economy Chain:

  • Processes all CHR-based container lease payments
  • Manages automated distribution of fees to network providers
  • Centralizes fee-related operations for improved efficiency
  • Maintains transparent payment records on a single chain

This centralized approach to fee management ensures consistent processing while maintaining the security and transparency inherent to blockchain technology.

Technical integration​

The Economy Chain leverages Chromia's core protocols and infrastructure:

  • Implements standard Chromia consensus mechanisms
  • Utilizes the official bridging infrastructure for cross-chain operations
  • Integrates with Chromia's provider network for transaction validation
  • Maintains compatibility with the broader Chromia ecosystem

Through these integrations, the Economy Chain provides a robust foundation for Chromia's economic operations while simplifying asset management for both users and developers.