CCPC, the Zhongyi Public Chain, is an extension and evolution of the Huashang Public Chain designed to address communication issues between different blockchains. It maintains the security of cross-chain communications through a Polkadot-style consensus mechanism. Governance on the chain ensures fairness and transparency, with all decisions made through community votes using Zhongyi Tokens. The code is executed on-chain, eliminating any potential for ambiguity. This fundamentally avoids issues similar to those faced by BCH and ETC forks.
The long-cycle, network-wide token destruction model used by the Zhongyi Public Chain, combined with the NPOS validator election algorithm, effectively solves the centralization problems often seen in POS blockchain tokens. Additionally, for businesses hesitant about adopting blockchain technology, the Zhongyi Public Chain offers solutions that allow for testing with minimal impact (grey-scale testing). Businesses can gradually expand their use of blockchain once they are satisfied with the test results, alleviating concerns about the technology.
To tackle issues of insufficient blockchain performance and high transaction fees, the Aura + Grandpa hybrid consensus mechanism provides thousands of TPS even with 1,000 validator nodes, with negligible transaction fees. This performance is sufficient to support most commercial applications.
Once the Zhongyi Public Chain transitions to a multi-chain architecture, parallel chains will handle most of the business load, while the Zhongyi Public Chain will act solely as a relay chain for cross-chain data transmission. This will further enhance the business capacity of the Zhongyi ecosystem.