OHO OHOPrice $ 0.000921

OHO Chain is an innovative solution to bring programmability and interoperability to OHO Chain. OHO Chain relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.

The purpose of the new blockchain and DEX is to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner.

You can:

• Send and receive OHO
• Issue new tokens to digitalize assets, and use OHO Chain as underlying exchange/transfer network for the assets.

The OHO Chain will be:

• EVM-compatible: Supports all the existing Ethereum tooling along with faster finality and cheaper transaction fees.
• Interoperable: Comes with efficient native dual chain communication; Optimized for scaling high-performance dApps that require fast and smooth user experience.
• Distributed with on-chain governance: Proof of Staked Authority brings in decentralization and community participants. As the native token, OHO will serve as both the gas of smart contract execution and tokens for staking.