CPChain is a cryptocurrency and blockchain platform that aims to build a distributed infrastructure for the Internet of Things (IoT). It aims to address the challenges of scalability, security, and privacy in IoT networks by providing a decentralized and tamper-resistant infrastructure.
CPChain utilizes a dual-layer architecture consisting of a main chain and a sub-chain. The main chain is responsible for handling consensus and security mechanisms, while the sub-chain focuses on data collection, storage, and computation for IoT devices. This architecture aims to ensure scalability and efficiency while maintaining data privacy and security.
The platform enables data sharing and transactions between IoT devices and applications in a secure and reliable manner. It leverages blockchain technology to create a trustless environment and protect data integrity. Additionally, CPChain incorporates cryptographic algorithms and protocols to address privacy concerns and safeguard sensitive data.
The native cryptocurrency of CPChain is called CPC. It is used for various purposes within the network, including payment for services, staking for consensus, and incentivizing users to contribute to the ecosystem. CPC can be traded on select cryptocurrency exchanges.
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