# ROM\_COIN Blockchain

<mark style="background-color:blue;">**ROM\_COIN**</mark> = ROM\_COIN blockchain + ROM\_COIN platform

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ROM\_COIN plans to establish its own blockchain as it requires processing large amounts of transactions network due to the unique nature of the project. Payment channel technology is introduced and supported for fast transaction processing. These functions are called transaction handlers in ROM\_COIN and are a core technology that represents the scalability of blockchain. Additionally, after developing the payment channel technology, ROM\_COIN will introduce the bridge technology, which is being developed by Ethereum's Parity team if a sidechain is needed.

ROM\_COIN contains the following components: ID server responsible for processing and managing node’s identity, a data manager that performs blockchain data management, a messaging handler and transaction handler that handles transactions and data management, and a file sharing handler that handles storage management.

ROM\_COIN consists of ‘ROM\_COIN’ blockchain and ROM\_COIN tokens. ROM\_COIN will be used to test ‘ROM\_COIN’ blockchain and to make payment on payment channels and to pay service fees.

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The following is a comparison table between ROM\_COIN and Bitcoin.

|                        | **Bitcoin**                                   | **ROM\_COIN**                |
| ---------------------- | --------------------------------------------- | ---------------------------- |
| Purpose                | Stock Exchange transaction, currency exchange | business(revenue generation) |
| Type of cryptocurrency | Token- type cryptocurrency                    | Token- type cryptocurrency   |
| Type of block chain    | Public Block chain                            | Private Block chain          |
| System aim             | Decentralized                                 | Semi-Centralized)            |
| Smart contract         | none                                          | EVM                          |
| Commercial DB support  | none                                          | SQL                          |
| Scope of Use           | Global use                                    | Global use                   |
| System Scalability     | Very low                                      | Very high                    |


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