Papyrus (PPR)

Papyrus is an open-source public blockchain network called Papyrus Network (PPR) compatible with the Ethereum ecosystem. It aims to address key issues of Ethereum and provide a highly scalable, reliable, and cost-efficient decentralized platform for application developers. It utilizes the Proof-of-Authority (PoA) consensus mechanism and a ‘separation of powers’ governance approach to enhance network performance and reliability.

Papyrus Network implements token stake-based resource management, which improves user-friendliness and the potential for mass adoption. Developers can migrate their applications from the public Ethereum network or create new ones while maintaining connectivity with Ethereum via token gate. Papyrus Network offers faster transaction throughput with low transaction fees, thanks to its PoA consensus and absence of resource waste.

Papyrus Network MainNet is now live and ready to use, providing unprecedented reliability and 100x the performance of Ethereum. With its high speed, reliability, user-friendliness, low cost, compliance, and security features, Papyrus Network is designed for application developers, mass adoption, and enterprise usage. It is fully compatible with the Ethereum ecosystem, making it suitable for developers looking to migrate their projects or build decentralized applications from scratch.