Umareum Chain

The Umareum chain achieves transaction confirmation in mere seconds, thanks to its asynchronous processing. This parallel approach allows nodes to validate transactions independently, eliminating the need for all nodes to work through a single queue.

Furthermore, the PoW approach not only delivers rapid transaction speeds and decentralization but also contributes to significant savings in both computing power and electricity consumption.

Scalability

Umareum adopts a Layer 1 (L1) blockchain protocol designed to effectively tackle scalability challenges.

A groundbreaking approach has been introduced in the form of a Directed Acyclic Graph (DAG) model to address the scalability concerns in the realm of distributed ledger systems. The DAG model operates on a virtuous cycle that enhances scalability as the network expands.

This model employs a method akin to sharding, wherein the validator set is divided into distinct groups. Validators assigned to each shard are responsible for processing transactions related to the accounts within their designated shard and maintaining the ledger. Instead of striving for global consensus, this approach disperses the recording of state (comprising records of accounts and transactions) and transaction processing (including achieving consensus and processing messages, if necessary) across these separate nodes.

Compatibility

Umareum extends its support to Solidity, and its underlying blockchain seamlessly aligns with the Ethereum Virtual Machine (EVM). Consequently, developers can effortlessly migrate their pre-existing Ethereum-based smart contracts and decentralized applications (dApps) to the Umareum blockchain.

Moreover, owing to this EVM compatibility, Umareum will be offered as BEP-20 tokens, adhering to the Ethereum standard. This enables trading via sidechains and opens up additional avenues for integration and interoperability.

Permissionless Decentralization

In the Umareum chain, one of the key hurdles in decentralization, namely "finality," is effectively addressed through the utilization of DAG. DAG plays a pivotal role in recording and unanimously agreeing upon the event history. It is instrumental in establishing the precise and conclusive order of events, particularly transactions, on each individual node, independent of one another.