Cherry Network CHERPrice $ 0.000561

Cherry Network is a trustless data store for smart contracts. A peer-to-peer file storage module designed to store and distribute large amounts of data, while keeping content private and secure - powered by IPFS. A powerful new smart contract platform to build and run advanced decentralized applications.

Decentralized applications within the Cherry Ecosystem leverage the network's native features to seamlessly develop advanced use-cases that are stable, scalable, and cheap to operate.

Key features of Cherry:

• Cherry abstracts the complexities of developing web3 applications to its core. Build on top of optimized and stable features native to the Cherry Network. Spend less time reinventing the wheel, and focus on building better products for your users
• Enjoy a highly optimized layer-one and a powerful layer-2 that does not come at the expense of decentralization or security. Transact at lightning speeds, boundless throughput, for cheap, forever
• Deploy your old solidity code to Cherry Network, or simply connect your dApp on Ethereum, Binance Smart Chain, Tron - or most other general purposes blockchains - with Cherry Interoperability Channels. Easily start leveraging Cherry for parts or all of your dApps and breathe new life into your smart contracts
• Pseudonymously access network resources through a unified network-wide identity management system. Leverage advanced cryptographic constructs in zkRollup smart contract architecture for off-chain privacy-preserving executions.

Cherry Network operates its own blockchain - the Cherry Chain. The base unit of value within the Cherry Network is the Cherry Token (CHER) - a cryptocurrency like Ethereum or Bitcoin. The Cherry Token is native to the Cherry Chain but also exists on other compatible networks as an interoperable smart contract.