Charg Coin CHG launches its multi-channel mainnet with

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DENVER, 09 Feb. 2022 (GLOBE NEWSWIRE) — After four years of silent development, the creators of Charg Coin (CHG) on Friday sneaked a multi-chain mainnet on Ethereum, BSC, POLY, FSN and their own. Proof of Authority (PoA) network called Charg. The team expects the release to progress from humble beginnings to very big news in the crypto and EV worlds.

“We’ve had to keep quiet about most of our development because of who our competitors are in this space,” CHG founder Josef said, “Big oil, big bank and big tech are all niches that by their nature create a barrier to entry for the little guy. We overcome this limitation by taking everyone by surprise with software designed to scale the infrastructure as consumption accelerates even marketing is now baked into the cake through our use of SAAS, enabling our platform to tap into the $65 trillion energy industry anywhere and everywhere where you can imagine it and expand it.”

Focus on “energy is money”, which also happens to be the coin’s tagline on their website https://chgcoin.org, CHG has always been about energy meets blockchain. This new release, however, is a far more powerful culmination of rubber concepts, designs and utilities than the first Minimum Viable Product (MVP) the team managed to produce four years prior using only a shoestring budget. . .

And speaking of rubber that meets the road, Charg (CHG) had taken an interesting take on the traditional energy mining model pioneered by Bitcoin. Launched in 2017, WeCharg (https://www.wecharg.com) was created as a spin-off of the CHG architecture that allows electric vehicle charging to be powered, off-grid, by the ledger. Instead of energy being wasted when Bitcoin is produced, energy is used when CHG is released.

As mentioned earlier, CHG is simultaneously launching its second installment on multiple networks. This allows the coin to live in each of these networks independently, but it’s also unique in that CHG has developed the software necessary to bridge both functionality and fungibility between these networks.

The proprietary bridge developed by the creators of CHG means that CHG can be transferred between networks. This also means that other coins can live on the CHG network in the form of wrapped coins. And that means that features from one network can now be streamed to other networks.

“This is also great news for exchanges that traditionally live on one network at a time,” said Josef, “The PoA mainnet that CHG had chosen for ourselves is designed to be fast, consume very little resources and have low fees.But if you are not happy with the main CHG network, the interoperability and interfungibility of the CHG bridge means that you can choose the network you want to spend and exchange your CHG and other crypto-assets.

Social connections

Twitter: https://twitter.com/chgcoin

Facebook: https://www.facebook.com/ChargCoin

Telegram: https://t.me/ChargChat

Exchange: https://exchange.chgcoin.org/exchange

Media Contacts

Brand: ChargeCoin

Email: [email protected]

Website: https://www.chgcoin.org

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