Venom is a multi-blockchain network serving as the basis for scalable Web3 applications in the DeFi and Global Payments markets. Venom blockchain offers scalable solutions for transactions through its sharding protocol and allows for future economic scalability by enabling the running of community-built subchains. This open and transparent ecosystem welcomes participation from all members.
Venom provides a virtual machine that executes smart contract code on the Venom blockchain. It is a Turing complete virtual machine like EVM but it is considerably different. Smart contracts in Venom give new, more flexible, and controlled flow over the execution of application logic. You can start building smart contracts with Solidity using our toolchain and development guides.
Venom is the native currency of the Venom network, much like ETH is the native currency of the Ethereum blockchain.