Venom[VENOM]
Venom is a Layer 0 blockchain network designed with dynamic sharding capabilities and a proof of stake consensus mechanism.
Venom functions as both a Layer 0 and Layer 1 network, integrating seamlessly with other independent networks through its innovative Mesh technology. At its core, Venom features a masterchain responsible for state and consensus management, while supporting unlimited autonomous workchains tailored for user accounts, smart contracts, and dApps.
Venom operates on the Threaded Virtual Machine (TVM), built on the Actor model, which facilitates parallel smart contract execution and asynchronous messaging. This platform offers advanced features such as account abstraction, external messaging, and support for arbitrary workchains, providing developers with a highly versatile and adaptable environment.
The PoS decentralized consensus mechanism in Venom is critical to its operation. Validators confirm blocks by staking tokens, enabling them to efficiently verify large numbers of transactions without the need for continuous computational power. This PoS mechanism, underpinned by a Byzantine fault-tolerant algorithm, enhances network security while maintaining decentralization.
Venom operates on the Threaded Virtual Machine (TVM), built on the Actor model, which facilitates parallel smart contract execution and asynchronous messaging. This platform offers advanced features such as account abstraction, external messaging, and support for arbitrary workchains, providing developers with a highly versatile and adaptable environment.
The PoS decentralized consensus mechanism in Venom is critical to its operation. Validators confirm blocks by staking tokens, enabling them to efficiently verify large numbers of transactions without the need for continuous computational power. This PoS mechanism, underpinned by a Byzantine fault-tolerant algorithm, enhances network security while maintaining decentralization.
Layer 1 (L1)Layer 0
Current price
24h:0.0647%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
94.56%All time low price
2.3%Token supply
2.04B VENOM (25.5%)
8B VENOM (100%)
$0.16
$0.0426
$326.4M
$340.46M
135.6M VENOM (1.7%)
6.14B VENOM (76.77%)