Currently, the Locus token exists as an Ethereum-based ERC20 token issued by the Locus Chain Foundation, pending the launch of the mainnet. Since tokens on the public Ethereum network are not directly usable on the Locus Chain, hashed time-locked contracts will be employed to facilitate 1-to-1 atomic swaps of Locus tokens from Ethereum to the Locus Chain mainnet. LOCUS will serve as the primary cryptocurrency for all operations within the Locus Chain network and its various applications. It acts as a payment method across the entire network economy. Validators, developers, and users—who can easily engage with the network—utilize LOCUS tokens to actively participate in the LOCUS network and earn rewards. Additionally, LOCUS tokens are used for transaction fees and participation in future governance activities.

Eminent developers and prominent business partners are sequentially engaging in the advancement of Locus Chain. This high-performance Layer 1 blockchain is poised to generate a wide range of business opportunities across sectors such as decentralized finance, real estate transaction platforms, and gaming currencies, in addition to facilitating the creation of diverse other tokens. Moreover, Locus Chain offers users the ability to utilize its blockchain verification service through a straightforward integration, negating the need to establish a separate blockchain. As a high-performance public blockchain platform, technology licensing is anticipated in the future for CBDC and IoT domains, including smart cities, smart factories, and smart grids, all of which are grounded in extensive data utilization. For additional details and data regarding the Locus Chain, you may visit Eulerpool.

* DAG (Directed Acyclic Graph) - AWTC (Account-Wise Transaction Chain) The Account-Wise Transaction Chain (AWTC) is the core data framework for Locus Chain's high-capacity, distributed transaction processing system. AWTC operates on a Directed Acyclic Graph (DAG) based data structure composed of individual transaction chains, each maintained for a specific account. Every account possesses its own dedicated chain, and any new transaction generated by an account is primarily appended to that account's chain. The block grid structures, including the DAG-AWTC, avoid conflicts due to the numerous points correlating with the accounts to which transactions are added, allowing only the corresponding account to exclusively record it. Additionally, the account responsible for adding the transaction is distinctly identifiable, ensuring that if the account holder is not a malicious actor, the transaction is nearly verified upon addition. The ledger architecture of the Locus Chain is among the essential technical advancements designed to fundamentally resolve the transaction delay issues inherent in traditional blockchains. * POS - BFT Consensus Algorithm In consideration of the time needed for comprehensive data dissemination across the network, Locus Chain has introduced a BFT definitive consensus on the DAG by striving for consensus on a limited number of historical time points. It also appoints a new proposer committee to engage in the consensus process every round via a random verifiable function (VRF), grounded in stochastic Proof of Stake (PoS). In this system, larger stakes correlate with higher chances of being chosen as part of the committee. Because these methods do not allow for the identification or prediction of nodes (i.e., proposers, validators) involved in the consensus, manipulation through malicious attacks becomes challenging, thus safeguarding the fairness and network stability of the consensus outcomes. * Verifiable Pruning Unlike conventional pruning, which merely eliminates old data to tackle the growing size of ledgers, Locus Chain's Verifiable Pruning employs a Skewed Merkle Tree structure. This allows for the verification of data's legitimacy, even when a substantial amount of prior data is removed in local environments. Verifiable pruning removes obsolete ledger data while still enabling full data verification through the validation of previous data using hash values. * Dynamic Sharding Through its ledger structure consisting of individual account chains (AWTC), Locus Chain facilitates easy adjustment of shard quantity and size, as well as the validator ratio, by reallocating shards in response to imbalances. With dynamic sharding, the network load a node needs to handle is reduced to 2/N when there are N shards. Consequently, the overall network Transactions Per Second (TPS) capacity for each node's network usage increases accordingly. Moreover, state sharding further divides storage needs by the number of shards. For more detailed information, you can explore Eulerpool's comprehensive data on Locus Chain.

The primary development team behind Locus Chain consists of former developers of the Blueside Engine, Korea's pioneering commercial game engine. The central aspect of Locus Chain's technology is its capability to efficiently process and synchronize substantial volumes of network traffic. These developers have secured 18 intellectual property rights related to software development, a testament to their technological advancements gained through years of console/online game and software development. In addition, they possess two other software patents. You can find more information about Locus Chain on Eulerpool.