Aiming to be the most widely adopted Next Generation Layer 1 Public Blockchain Protocol, Locus Chain endeavors to achieve both full decentralization and scalability at the same time. The company's patented technologies enable it to provide a reliable, secure, low-cost, and high-performance layer 1 public blockchain platform for various Defi, GameFi, Metaverse, Smart City, CBDC (Central Bank Digital Currency) projects.
About the LOCUS Token
The current Locus token is an Ethereum-based ERC20 token issued by the Locus Chain Foundation. Given the compatibility issues between public Ethereum network tokens and the Locus Chain, Locus employs hashed time-locked contracts for 1-to-1 atomic swaps of Locus tokens from Ethereum to the Locus Chain mainnet. LOCUS serves as the primary cryptocurrency for all Locus Chain network operations and applications, functioning as a payment method for the entire network economy. The tokens are used by validators, developers, and users to participate in the LOCUS network and earn rewards. They are also employed to cover fees and participate in future governance.
The LOCUS Ecosystem
The Locus Chain is being developed by top developers and high-profile business partners. Its high-performance Layer 1 blockchain can generate various business opportunities in sectors including decentralized finance, real estate transaction platforms, game money, and more. Locus Chain also offers a blockchain verification service through a simple linkage without requiring a separate blockchain setup. Given its status as a high-performance public blockchain platform, future technology licensing is planned in areas including CBDC and IOT, smart cities, smart factories, and smart grids based on large volumes of data.
Special LOCUS Technologies
DAG (Directed Acyclic Graph) - AWTC (Account-Wise Transaction Chain)
The AWTC, a core data structure for Locus Chain's high-capacity, distributed transaction processing, is a DAG-based data structure composed of multiple transaction chains for each account. New transactions issued by an account are primarily added to its designated chain. The ledger structure of the Locus Chain is one of its main technical features designed to fundamentally address the problem of delayed transaction processing encountered by existing blockchains.
POS - BFT Consensus Algorithm
The Locus Chain initially implemented a BFT definitive consensus on the DAG, attempting to obtain
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