⛓️ROM_COIN Blockchain

ROM_COIN = ROM_COIN blockchain + ROM_COIN platform

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.

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