Poriot-not only Ethereum, but also the industry’s best solution
First, let us review the current status of the industry together：
The previous blockchain has misunderstood that only currency is the hot spot,because currency has a premium financial attribute, which makes people pay too much attention! The previous blockchains have solved some local problems, but have not really achieved the construction of value ecology, such as:
a. Bitcoin mainly solves the problem of digital currency;
b. Ethereum mainly solves the problems of smart contracts and on-chain
application DApps.
c. FileCoin mainly solves the problem of credible distributed storage of files,
Focusing only on the incentives of storage miners built by distributed storage infrastructure and retrieval miners who provide retrieval services.
Nevertheless, none of them solved the value problem completely!
Many people think that Poriot was born to solve the problem of Ethereum layer2 expansion. This understanding is narrow. Then, what is the real Poriot?
Poriot is a native public chain with a POR mechanism created by combining the advantages of PoS. It can be interconnected with multiple types of public chains to form a “common” chain. It fully supports smart contracts in the Solidity programming language, and can be proved by the Merck tree, realizeintercommunication with BSC, HECO, DOT, TRON and other chain assets and data cross-chain.
The native public chain implemented by Poriot through the POR mechanism solves the problems of high energy consumption, low TPS, and high gas fee in PoW public chains (such as BTC, ETH, etc.). At the same time, it uses POR to conduct weight fusing for computingresources, storage resources, network resources, and IoT resources, and data resources.
Based on the concept of “I am for everyone and everyone is for me”, a decentralized P2P network structure is constructed to provide easy-scalable and high-TPS resource support for massive Web3 applications in the form of DApp.
Compared with the existing blockchain network, Poriot’s native public chain has three major advantages as follows:
1）The Gas fee of the transaction is close to 0 (each transaction only needs 4 micro USDT Gas fee)
2）Formed a killer native public chain, which far surpasses the current
mainstream public chains (including but not limited to BitCoin, Ethereum,
FileCoin, etc.) in terms of TPS, business latency, Gas fee, security, etc., and
originally proposed the POR proof mechanism to realize the maximum benefit utilization of mining machine resources; so that the mining machine can serve all the ecology and applications on the chain.
3）Use multiple cross-chain mechanisms to couple with a variety of public
chains , enable Poriot to seamlessly interconnect with existing and future
various blockchains. Poriot enables applications and token transactions to be
seamlessly switched and circulated between Poriot and other public chains;
e.g., use smart contracts to connect Ethereum and Layer 2 networks (such as
zksync) or side chains (such as Polygon) built on Ethereum, and provide
business access to other public chains through the JSONRPC-based web3
interface and smart contract mechanism.
