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The CloudTx Blockchain
CloudTx Chain is the decentralized EVM-compatible publis blockchain that powers the CloudTx ecosystem. Fully compatible with Ethereum that any smart contract that can be deployed on the latter can also run on top of CloudTx Chain.
The CloudTx Chain uses a variant of Delegated Proof of Stake (dPoS) for achieving consensus. The consensus is secured by a significant number of independent validators. Validators are also responsible for the most important type of governance on CloudTx .
The CloudTx chain is designed to ensure fast block confirmation times and a low cost of transactions.