PIO

What is PIO?

PIO brings EVM-compatible programmability and native cross-chain communication with PIO using an innovative consensus of Proof of Authority(PoA)

Why is PIO designed as a separate chain from PIO?

The execution of a Smart Contract may slow down the exchange function and add non-deterministic factors to trading. Even if that compromise could be tolerated, it might be a straightforward idea to introduce a new Virtual Machine specification based on Tendermint, based on the current underlying consensus protocol and major RPC implementation of PIO. But all these will increase the learning requirements for all existing dApp communities, and will not be very welcomed.

How does PIO work? What is the architecture and consensus used?

PIO relies on a system with Proof of Authority (PoA) consensus that can support short block time and lower fees.

There will be fewer validators on PIO testnet.

Can you tell more about Proof of Staked Authority(PoSA)? What is it?

PoSA is a combination of PoA and PoS. Blocks are produced by a limited set of validators, they are elected in and out based on a staking based governance. Validators take turns to produce blocks in a PoA manner

What are the benefits for developers to build on PIO?

• EVM-compatible: PIO supports all the existing PIO tooling Fast block time, cheaper cost
• Native cross-chain trasfer & communication: PIO DEX remains a liquid venue of exchange of assets on PIO and PIO"

What are the benefits for developers to build on PIO?

PIO opens the gate for users to take advantage of the fast transferring and trading

What make PIO different?

Key Innovations:

• Proof-of-authority Consensus

• Native Cross-Chain Communication

• Expand the use cases of PIO token

PIO is EVM-compatible. What does that mean?

EVM means PIO Virtual Machine. Any smart-contract written to run in EVM can be easily ported to PIO.

Can developers make hybrid Dapps using both PIO and PIO in one single Dapp?

Yes, with the help of native cross-chain functions