At Centichain, we’re challenging the conventional approach to blockchain scalability. Instead of relying on Layer 2 solutions or adding excessive features, we’re focused solely on solving scalability and ensuring secure value storage at the Layer 1 level.

Our unique Proof of Patience (PoP) consensus mechanism eliminates the need for high-end GPUs or energy-intensive computations. This democratized approach removes the complexity of traditional mining while maintaining decentralization and efficiency.

Centichain isn’t trying to be everything; we’re here to be the best at what we do—storing value efficiently while keeping transaction costs low and participation accessible to all.

As we continue in our testnet phase, we’re inviting the community to explore and engage with our network. This isn’t just about testing a blockchain; it’s about rethinking what Layer 1 can achieve.

What do you think about a minimalistic yet powerful approach to Layer 1 scalability? Let’s discuss!

Introduction:

Hello BitcoinTalk community!
We deeply appreciate your support for Centichain. Since our initial announcement, we have made significant progress, and we are excited to share that the first phase of the Centichain public testnet is now live and running successfully.

Testnet Vision:

The public testnet is an 8-week phase designed to identify and resolve network issues with the help of our community. So far, many bugs and challenges have been addressed, leading to a more robust and stable network.

Through this testnet, we aim to:

Test real-world network performance.

Validate the efficiency of our Proof of Patience (PoP) consensus.

Ensure the security of our account-based architecture.


Comparison with Bitcoin:

Energy Efficiency: Unlike Bitcoin's energy-intensive Proof of Work, Centichain's PoP is eco-friendly and efficient.

Transaction Speed: Our PoP mechanism and streamlined architecture significantly reduce transaction delays and enhance scalability.

User Simplicity: The account-based model offers a more intuitive and seamless user experience compared to Bitcoin’s UTXO model.


Get Involved and Earn Rewards:

We invite you to participate in the testnet and play a vital role in shaping the future of Centichain. Here's how you can contribute:

• Run relay or validator nodes.

• Perform transactions and test network features.

• Report issues and provide feedback

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Rewards: Active participants in the testnet will receive special rewards when the mainnet launches.
Note: The Centichain source code and GitHub repository will be made public after the testnet phase and during the mainnet launch.


For more information and updates:

https://centichain.org/
https://t.me/centichain
https://x.com/centichain

Date in header

Discord will be launched soon. For now, please join the Telegram channel to stay updated

I understand your concerns, and I want to clarify a few things. Right now, the GitHub repository is private because I’m still finalizing some parts of the code. Once everything is ready, I’ll make it public to ensure full transparency.

As for the relay nodes, I’m working on detailed documentation to explain how they work and how to check their status. I’ll share that as soon as it’s ready. Thanks for your patience and for bringing this up!

Thank you for your interest! Yes, you’ll need to save your seed phrases securely to access your testnet account and any potential rewards in the future. Rewards will indeed depend on various factors, such as your participation and contribution during the testnet phase.

Regarding a Discord channel, that’s a great suggestion! I’m currently exploring ways to engage the community better, and setting up a Discord server is on my roadmap. I’ll announce it soon, so stay tuned!

Additionally, the reward scoring algorithm will be announced soon on X(Twitter) and our website.

If you have more ideas or questions, feel free to share. I’d love to hear from you!

No, CENTIs from the testnet cannot be transferred to the mainnet. The testnet and mainnet of Centichain are completely separate networks with no direct connection. Rewards or participation benefits from the testnet will be distributed manually once the mainnet is live, ensuring fairness and accuracy. This approach helps us maintain the integrity of both networks while rewarding active contributors to the testnet.

If you have further questions, feel free to ask! 😊

Introduction
Hello BitcoinTalk community!
We are thrilled to introduce Centichain, a next-generation layer-1 blockchain designed to redefine how value is stored in the decentralized world. Centichain leverages the innovative Proof of Patience (PoP) consensus mechanism to create a fair, energy-efficient, and highly secure network for everyone.

Key Features

• Proof of Patience (PoP): A revolutionary consensus mechanism prioritizing fairness and decentralization without energy-intensive mining.
  Account-Based Model: Simplifies transactions and enhances user experience.
  Secure Architecture: Advanced cryptography (Ed25519) ensures top-tier security.
  Relay Node Incentives: Validators and relay nodes receive 50% of transaction fees.
  Scalability: Efficient relay and validator architecture enable seamless scaling.

Our Vision
Centichain aims to be the go-to blockchain for long-term value storage, offering a robust and reliable platform for users, businesses, and developers. Our mission is to create a decentralized ecosystem that is simple, secure, and accessible to everyone.

Roadmap
1.Public Testnet Launch - Engage the community and collect valuable feedback.
2.Mainnet Deployment - Deliver a secure and feature-complete network.
3.Community Building - Attract developers, users, and partners to expand the ecosystem.

Get Involved
We invite you to join us in shaping the future of decentralized value storage.

Visit our website: https://centichain.org/
Read our Whitepaper: https://centichain.org/articles/671fcec5d136b9550a238077
Follow us on Twitter: https://x.com/centichain
Join our community on Telegram: https://t.me/centichain

Contact Us
For collaborations or inquiries, please feel free to reach out:
Email: mgharebaghi92@gmail.com
Telegram: https://t.me/Mghs90