Remove html from the following text : Coreum is a 3rd generation, layer-1 Blockchain built to serve as a core infrastructure of future decentralized applications. Coreum uses a Bonded Proof of State (BPoS) consensus mechanism that allows for Staking, non-custodial Delegating, Slashing, and Governance. With a block time of 1.5 seconds, Coreum is extremely fast and can process up to 7,000 transactions per second with a federated group consisting of 9 validators that rotate every 4 hours. While many Blockchain networks currently use the Ethereum Virtual Machine, Coreum benefits from the modern turing-complete Web Assembly (WASM) engine to process smart contracts. These contract applications can be written in many languages and compiled into WASM before processing. This feature allows for exte...
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