1.2 About GRX Chain
At the heart of GroveX's vision for a decentralised future lies GRX Chain, our proprietary, high-performance blockchain designed to power a new era of digital asset innovation. Built with the needs of both developers and users in mind, GRX Chain is engineered to deliver unparalleled efficiency, scalability, and ecosystem growth.
An EVM-Compatible Foundation
GRX Chain is an EVM (Ethereum Virtual Machine) compatible blockchain. This crucial compatibility means developers can seamlessly migrate existing decentralised applications (dApps) from Ethereum and other EVM-compatible networks to GRX Chain, leveraging familiar tools and smart contract standards. This significantly lowers the barrier to entry for developers and fosters rapid ecosystem expansion.
Designed for Performance and Value
Operating on a Delegated Proof-of-Stake (DPoS) consensus mechanism, GRX Chain ensures robust network security and extreme efficiency. Engineered for high throughput and rapid transaction finality, it is designed to achieve over 20,000 transactions per second (TPS), providing a smooth and responsive experience even under heavy load. Built upon a strong cryptographic foundation, the chain is designed for reliability and protection against common blockchain vulnerabilities.
The GRX Token & Decentralised Governance
The native GRX token is central to the chain's functionality. It is the primary currency for ultra-low gas fees and a deflationary asset via its integrated burn mechanism. Furthermore, GRX enables network staking for validators and delegators (accessible via staking.grxchain.io) and empowers active participation in future on-chain governance decisions (via proposal.grxchain.io).
To ensure a massive influx of buys and consistent buy pressure, all marketing activities and listing fees for new projects on the GroveX exchange will be payable exclusively in GRX tokens.
The GroveX Advantage & Ecosystem Synergy
GRX Chain is directly backed, supported, and nurtured by GroveX, a leading digital asset exchange. This unique synergy provides GRX Chain with an unparalleled advantage. The dedicated team behind GroveX will actively monitor the building and growth of GRX Chain, ensuring its continuous development and stability. To accelerate dApp adoption and foster a vibrant ecosystem, GroveX will actively encourage new projects to build on GRX Chain, offering dedicated dApp funding initiatives and advanced technical provision.
With a working product targeted for Q1 2026, and the comprehensive coin release schedule available this quarter, alongside the whitepaper, which will soon be available on the docs, GRX Chain represents GroveX's unwavering commitment to advancing blockchain technology and fostering a robust, decentralised digital economy. We are building the infrastructure for the next generation of Web3 innovation.
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