PAW Chain is an innovative blockchain architecture designed to enhance the functionality and efficiency of blockchain systems by integrating robust on-chain processes with efficient off-chain mechanisms. The architecture aims to address the common challenges of scalability, speed, and flexibility faced by traditional blockchain solutions.
Applications linked to this architecture include PAW Bridge, PAW Scan, PAW Wallet, PAW Swap, and Validator Dashboard which facilitate various operations within the PAW ecosystem.
In summary, PAW Chain represents a significant advancement in blockchain technology, combining the strengths of traditional blockchain systems with innovative off-chain solutions to deliver a scalable, fast, and flexible platform for the future.
This foundational layer is based on the Geth implementation of the Ethereum blockchain, providing a secure and robust base for transactions and smart contracts.
Layer 1 simplifies contract deployment onto our Layer 3.
The upcoming upgrade to PAW Swap's Layer 1 with the introduction of PawJS marks a significant milestone in the evolution of the PAW Chain network. By offering a simpler, more intuitive scripting contract language, PawJS aims to democratize smart contract development, enhance security, and boost overall network efficiency. This strategic move not only strengthens the foundation of PAW Chain but also paves the way for a more vibrant and innovative blockchain ecosystem.
Serving as an internal server-side communication layer, Layer 2 seamlessly connects Layer 1 and Layer 3. It facilitates efficient data transfer and process coordination between the on-chain and off-chain components.
Additionally, every contract within this layer must implement name, owner, and decimal functions to ensure consistent identification, ownership management, and precision handling.
The newly developed chain layer functions similarly to an off-chain ledger. This layer is designed to handle high-frequency transactions and complex computations, offloading these tasks from the main blockchain to ensure faster processing times and reduced congestion.
The PAW Chain transaction fee for all token transfers is structured as followed:
PAW Coin transactions are always free
Less than $100 fee = $1
$100 < to < $1000 fee = $5
$1000 < to < $10,000 fee = $10
$10,000 < to $1,000,000 fee = $25
$1,000,000 over fee = $50