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Chain Relay Network

Chain Relay Network CRLNPrice N/A

CRLN Price

N/A

General Info

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# Inactive

Description

Chain Relay Network is a decentralized marketplace that connects dApp developers with infrastructure providers

Chain Relay Network (CRLN) Chart

Chain Relay Network price Index provides the latest CRLN price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Max Supply

CRLN 450,000,000

Total Supply

CRLN 450,000,000

All Time High

$ 0.0179

31 Mar 2023


All Time Low

$ 0.00...287

14 Apr 2023

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What is Chain Relay Network (CRLN)?

Chain Relay Network (CRLN) is a decentralized marketplace that connects dApp developers with infrastructure providers. The Chain Relay portal enables you to route queries through multiple independent nodes, using the trustless API protocol to ensure secure and decentralized connections while avoiding high costs, downtime, and security breaches.

Chain Relay Network operates a two-sided marketplace that connects developers and infrastructure providers through its native cryptocurrency, CRLN. Both parties stake CRLN to participate in the network, with developers staking a fixed amount for a guaranteed number of relays per session, while node providers stake on a per-node basis and are rewarded in CRLN for servicing relays. The upfront purchase of CRLN eliminates recurring payments to legacy infrastructure providers, and the stake can be recovered by selling it to another user if the service is no longer needed. CRLN rewards for node providers are dynamic and proportional to the number of relays and transaction fees in a given block.

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