What is Locus Chain?

Locus Chain is a Layer 1 public blockchain protocol established to achieve decentralization and scalability. It supports applications across various sectors, including decentralized finance (DeFi), GameFi, and Central Bank Digital Currency (CBDC) projects. Locus Chain employs a patented Directed Acyclic Graph (DAG) structure called Account-Wise Transaction Chain (AWTC) for distributed transaction processing and utilizes a Proof of Stake (PoS) consensus model supplemented by a Byzantine Fault Tolerance (BFT) mechanism to ensure network stability.

The native cryptocurrency, LOCUS, is initially an ERC20 token that facilitates transactions and governance within the Locus Chain ecosystem. It is designed to enable various operations, including user engagement and validator rewards. The technology incorporates features like Verifiable Pruning and Dynamic Sharding to enhance data validation and to optimize network performance. Future developments may include technology licensing across industries such as smart cities and the Internet of Things (IoT).