Chinet

Maximum Supply: 55.000.000

Chinet principles

Safety

Users must be able to trust Chinet for the security of their transactions, without the risk of errors or attacks on the network. All transactions are cryptographically secured using the latest and most efficient encryption tools.

Privacy

Chinet takes the privacy of its users seriously. The highest level of privacy must be available to all users without exception, whether they are technologically competent or have no idea how cryptography works. A Chinet user should not feel pressure on their habitual rhythm of life and their expenses due to the risk that other users may find out about them.

Decentralization

Chinet aims to provide the maximum degree of decentralization in both network security and code development. The hybrid POW and POS consensus algorithm prevents specialized mining hardware (ASIC) from dominating the network and allows for a fair distribution of rewards for finding new blocks. In addition, development and research are carried out within the framework of global cooperation and are carried out with maximum transparency. Each development decision is open to public discussion and voting.

Chinet development and research

Subnet, smart contracts and decentralized applications

Chinet is launching a subnet and its own Gas Token CHNT on the Avalanche platform, this will enable the project to scale. Chinet users will be able to implement fast smart contracts for decentralized applications with configurable fees and other benefits of the Avalanche network. To pay for Gas, users do not need to purchase an additional asset, all transactions will be made with the CHNT token. To convert CHN for the CHNT token, an autonomous decentralized exchange office will be launched.

AI language model

The Chinet team is developing and training an AI language model that will become an indispensable assistant when writing smart contract code in Golang. Even users with no programming experience will be able to create decentralized applications using Chinet AI.

Integration into e-commerce

The Chinet is focused on making it easy for merchants to integrate the cryptocurrency into their existing e-commerce platforms and payment services.