Hoo Smart Chain Description
The Hoo Smart Chain (HSC) Platform serves as a cohesive infrastructure driven by the technical capabilities, traffic, and ecosystem resources of the Hoo Group, and it is set to gradually be accessible to the blockchain sector. This platform aims to enhance the development of decentralized applications, making the process both more efficient and economical while providing extensive support in terms of promotion, traffic, and resources. By offering a wide array of innovative facilities and services, HSC is poised to empower developers globally. As a decentralized public chain renowned for its high efficiency and energy conservation, Hoo Smart Chain represents the inaugural product of the Hoo organization. It is designed to be compatible with smart contracts and can facilitate high-performance transactions. Moreover, the platform utilizes the endogenous HOO Token and employs the PoSA consensus mechanism. With its ongoing efforts, HSC aspires to optimize Ethereum's efficiency through sidechains and further bolster the decentralized ecosystem, ensuring a robust future for blockchain applications and services.
Hoo Smart Chain Alternatives
Chainstack's APIs and software are used by thousands of businesses, large and small, to build, scale, and maintain blockchain applications. To ensure your security and control, Chainstack's APIs offer secure node connections and key security best practices. Invite other members to join your network and deploy their infrastructure using simple network management tools. You can build and deploy the blockchain protocol that suits your needs. The protocol will never be updated or modified again. Chainstack's managed services for blockchain make it easy to launch, join, and scale decentralized networks. You can now safely experiment with enterprise-grade tools and services and then run production. Continuously monitor and provision your resources.
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Hermez
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Rootstock
Rootstock stands out as an innovative Bitcoin sidechain that combines the advanced smart contract functionality of Ethereum with the unparalleled security of Bitcoin. Operating as an open-source platform, it utilizes Bitcoin's proof-of-work consensus mechanism, tapping into over 60% of Bitcoin's hashing power through merged mining to ensure its reliability. This synergy allows developers to create EVM-compatible smart contracts, paving the way for decentralized applications that benefit from the strength of Bitcoin's network security. The native currency of Rootstock, known as RBTC, is maintained at a 1:1 peg with Bitcoin, which simplifies interactions with decentralized finance (DeFi) protocols and dApps on the Rootstock ecosystem, facilitating processes like minting, swaps, and the payment of gas fees. Additionally, the PowPeg protocol plays a crucial role in guaranteeing secure and efficient two-way transactions between Bitcoin and Rootstock, significantly improving interoperability between the two networks. Within Rootstock's expanding ecosystem, users can engage in a variety of applications, including swapping and staking through platforms such as Sushi, optimizing yields with Beefy, and trading on Oku, demonstrating the platform's versatility and appeal. As a result, Rootstock offers a comprehensive environment that empowers developers and users alike to harness the full potential of blockchain technology.
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Integrations
Company Details
Company:
Hoo
Year Founded:
2017
Headquarters:
China
Website:
www.hoosmartchain.com
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Web-Based
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