Introduction ​

What is SCS Chain? ​

SCS Chain is an infrastructure that helps developers and operators build and operate their blockchain services as internal value systems, providing services to a large number of users. The primary mission of SCS Chain is to enable any project developer to deploy their blockchain applications using its unique specifications. The technical goal of SCS Chain is to achieve transaction processing speeds (TPS) of up to 100,000 or even a million on the master, meeting the requirements of most applications, especially in gaming and social scenarios. It is understood that Layer 2 solutions are not the best way to enhance the performance of the master chain, as they can lead to excessive fragmentation of users, developers, and ecosystem funds, which is detrimental to ecological development. Therefore, SCS Chain prioritizes enhancing master chain TPS as its key technical objective.

Main Features ​

1. Highly Scalable and Low Cost
   Supports modular development, allowing for the free combination of on-chain functions, providing a richer set of master chain features compared to Ethereum. It is 100% EVM compatible, lowering the development barriers for ecosystem developers while keeping transaction costs low.

2. Support for SuperEx
   Seamless integration with SuperEx products.

3. Security
   Provides reliable smart contract auditing services, furthering the vision of building a trustless ecosystem.

4. On-Chain Governance
   Offers a rich set of on-chain governance features that are fully decentralized, allowing the community to participate in decision-making.

5. NPOS Consensus
   Utilizes NPOS consensus, making nodes more decentralized, which contributes to building a more secure and censorship-resistant network.

Nominated Proof of Stake (NPOS) ​

NPoS is a variant of the standard Proof of Stake (PoS) model. Compared to PoS, it enhances security, community participation, and decentralization. It is a fairer and more flexible consensus mechanism.

Economic Model ​

The initial total supply of SCS Chain is 1 billion, with a small percentage of inflation occurring each year. Specific parameters will be announced before the launch or updated through community governance after the launch.

Validators and Nominators ​

In NPoS, there are two main roles: validators and nominators. Validators are responsible for validating transactions and maintaining the blockchain, while nominators stake tokens to specific validators, aligning their interests. Nominators typically base their staking on the performance and credibility of the validators. Validators can set a commission rate for their nodes.

Staking and Rewards ​

Staking is a fundamental feature of NPoS. Participants lock up a certain amount of cryptocurrency to become nominators. Both validators and nominators can earn rewards proportional to their stake from block rewards and transaction fees, incentivizing active and honest participation in the network.

Penalty Mechanism ​

If a validator acts maliciously or incompetently, a portion of their tokens (along with their nominators' tokens) may be slashed, resulting in permanent loss of circulation. There is no room for manipulation by miners (validators).

Roadmap ​

1.0.0 Q4 2024 ​

1. Launch of Testnet
2. Launch of Mainnet
3. Block Explorer

1.2.0 Q1 2025 ​

1. Ethereum Cross-Chain Bridge
2. Support for SNS (SCS Chain On-Chain Domain Service)
3. Decentralized Exchange

1.3.0 Q2 2025 ​

1. Support for XCM Protocol
2. Integration into the Polkadot ecosystem, sharing Polkadot network security

1.4.0 Q3 2025 ​

1. Super Chain, connecting Ethereum, Bitcoin, and more public chain ecosystems
2. Support for multi-language development of smart contracts

2.0.0 Q4 2025 ​

1. Support for JAM Protocol, achieving TPS of 100,000 or even a million
2. Support for parallel transactions
3. Decentralized Identity