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Coreum
COREUM

About Coreum

Coreum is a third-generation, layer-1 blockchain designed to serve as the fundamental infrastructure for future decentralized applications. It employs a Bonded Proof of Stake (BPoS) consensus mechanism that supports staking, non-custodial delegation, slashing, and governance. With a block time of 1.5 seconds, Coreum offers high speed, capable of processing up to 7,000 transactions per second, maintained by a federated group of nine validators rotating every four hours. Unlike many blockchain networks that utilize the Ethereum Virtual Machine, Coreum leverages the modern Turing-complete WebAssembly (WASM) engine to execute smart contracts, which can be written in multiple languages and compiled into WASM. This enables significant growth in decentralized applications (dApps) within the Coreu...

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