Abstract

PemChain's vision and definition is "Computing Power Sharing and Incentivization".

PemChain is an innovative platform that combines cloud computing clusters with blockchain technology, aiming to obtain on-chain rewards through shared cloud computing power and to achieve seamless integration with blockchain through its unique Slot technology. Our goal is to provide an efficient, secure, and scalable solution to meet the growing needs of decentralized applications (DApps) and smart contracts.

This article aims to briefly outline the working principles of blockchain and its consensus algorithms, and then introduces the new blockchain solution proposed by PemChain.