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What is POCchain (What does POC mean)?

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What is POCchain? According to official sources on March 30th, POCchain consists

What is POCchain (What does POC mean)?

What is POCchain? According to official sources on March 30th, POCchain consists of two main parts: the main chain and branches. Secondly, it has core functional components and a public chain. POCchain is a cross-chain protocol developed on the Substrate framework, allowing for multi-chain deployment. It also supports blockchain technologies such as smart contracts and private key management.

POCchain solves practical problems in the blockchain network by combining consensus mechanisms, block sizes, and node numbers, providing a more convenient and efficient service experience for different types of users, and allowing everyone to participate in the ecosystem.

What does POC mean?

According to IMEOS reports, POC stands for “Point of Contact Electronic Cash System” in Chinese, which is an abbreviation for blockchain. POC is an application protocol built on the Ethereum network, allowing anyone to connect to a decentralized network through their phone, computer, or other hardware devices, and enabling transactions without the involvement of intermediaries.

POC is a type of distributed digital currency that maintains price consistency without changing the rules. It achieves this through the use of a hash function.

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