SimChain Launch

Simchain had successful presale and is already available on Pancakeswap. Next step is to move to phase 2, which will introduce staking and farming.
The main goal of Simchain Finance is to prioritize privacy while maintaining lowest transaction fees on the market and lightning-fast transaction speed. Basically,Simchain is solving the issue of the most blockchains, which is privacy.
While using current blockchains on the market, for example BSC or Ethereum, if your wallet address or Txid gets exploited, anyone can know your previous and future transactions, and value of your tokens, which by no means is safe. Our blockchain will revolutionize privacy!

Simchain will be fully governed by SMC token holders. Simchain uses DPoS consensus protocol.
Delegated proof of stake(DPoS) is a consensus protocol, which provides dependable verification and approval of transactions in a blockchain.
Advantages:
Transaction bandwidth of DPoS blockchain is independent from computing power required to run the network, hence such blockchains are more scalable than PoW, which is used in Bitcoin.
DPoS requires less financial input from users wishing to partake in block production than standard PoS blockchains, which makes DPoS more democratic and financially inclusive.
Thanks to the low entry threshold, DPoS provides more decentralization as more people take part in the consensus.
DPoS doesn’t require lots of power to run the network, which makes it more sustainable.
DPoS blockchains have good protection from double-spending.

More details about Phase 2 will be announced in next articles! Stay tuned!