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Chromapolis Review

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Chromapolis Review

An independent review of Chromapolis

Picolo Research
Aug 20, 2018
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Chromapolis Review

www.picoloresearch.com

A Developer Friendly Blockchain Utilizing a Relational Model

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Summary

Chromapolis is a blockchain project backed by ChromaWay. The idea redefines both  the  blockchain  architecture  as  well  as  the  programming  language  to enhance  developer  experience.  Chromapolis  is  designed  to  overcome  the shortcomings  of  existing  blockchains  by  providing  a  smoother  integration, better user experience and scalability for greater dApps adoption.

Company overview

Chromapolis  is  incorporated  in  Estonia  and  is  backed  by  an  experience blockchain company, ChromaWay. The company has been in existence since 2014, redefining blockchain technology across both  the public and private sectors. Their objective is to accelerate the adoption of dApps by allowing developers  to  build  applications  on  their  platform  easily  and  providing smoother  end-user  experience  with  no  wait  times  and  no  fees.  Several limitations they seek to resolve includes:

•Limited network capacity in existing blockchains

•Expensive I/O (Input/Output) operations

•Error-prone programming language

•End-users paying fees for every transaction

•Limitations on indexing data on blockchains

Chromapolis is integrating a relational model that has existed in corporations for  decades  into  blockchain.  This  will  help  in  the  adoption  of  existing corporations given that SQL has been used for decades.

Token Sale

A total of 1b Chroma tokens will be issued. 15% of the tokens will be sold to investors in a private sale, with 30% (up to 10% per year) reserved for airdrop and promotional purposes. These details are subjected to changes with more information to be released soon.

Commercial & Technical Strategy

Chromapolis  is  a  blockchain  that  is  built  utilising  an  existing  framework, Postchain, with a specific focus to create a truly decentralised shared database. Most  blockchains that  are optimised  as payments are not suitable  to host dApps. Hence, with Chromapolis, dApps will be able to achieve the scale and adoption that is currently lacking. Several technical features of Chromapolis are:

•Relational  model  –  The  database  management  model  that  has  been  in existence the past 5 decades. This model allows Chromapolis to leverage on SQL DBMS (Data Base Management System) to deploy complex indexing and querying methods without losing throughput.

•Horizontal Scaling – Postchain allows for the creation of multiple blockchains, which are operated by corresponding nodes, which ignites scalability with an increase in total throughput

•RELL – The new programming language developed for Chromapolis that is safer  and  7x  more  efficient  than  SQL.  RELL  is  concise,  expressive  and convenient.

•High I/O throughput – Data queries and updates are optimised through a relational database, resulting in higher processing performance

•Chromapolis Consensus – a PBFT-like consensus algorithm anchored with blocks on a PoW blockchain. This mechanism captures both benefits of fast transaction time and improved security strength within the network

•dApss  customizability  –  The  flexibility  to  allow  developers  to  implement various token usage policies that suits the needs of their dApps

Roadmap

The  roadmap  presented  by  the  team  was  very  brief  and  is  subjected  to changes. Here, we cite some significant developments:

•Jul 2018 – Private sale to investors

•Sep 2018 – Testnet Launch

•Oct 2018 – MVP release and TGE

•Feb  2019  –  Chromapolis  v  1.0  (decentralised  governance,  support  for business applications, custom DB implementation)

•Jul 2019 - Chromapolis v 1.1 (dApp Marketplace, dApp templates, parallel processing, automatic sharding)

There’s more…

Read the full PDF

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Chromapolis Review

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