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LiteChain uses the Polygon Edge framework to build a standalone blockchain. Consequently, it doesn’t use Polygon’s “security as a service” features but rather relies on its own set of validators. It’s worth noting that LiteChain disables two Polygon Edge features: its checkpointing mechanism and its mainchain contracts.
With this framework, our community of developers can build a blockchain network that better suits their needs and demands. They can achieve this because Polygon Edge employs a modular and extensible framework for creating EVM-compatible blockchain networks, sidechains, and global scaling solutions. After all, Polygon Edge is primarily used to launch new blockchain networks that are fully compatible with Ethereum smart contracts and transactions.
Finally, Polygon Edge uses the IBFT consensus mechanism since it provides for PoA and PoS. Likewise, the LIteChain EVM blockchain invokes IBFT PoS with built-in system contracts. With the help of Polygon Edge, LiteChain can employ the following features:
● Reuse existing Ethereum smart contract technology and its API.
○ Users can interact with standard wallets via JSON-RPC.
○ Developers enjoy Solidity/Vyper programming and full EVM support.
○ Access to popular Ethereum tools, development tools, and libraries.
○ Optimized UX when performing cross-network transactions.
● Communication between networks.
○ Completely trustless and decentralized embedded Ethereum Bridge solution.
○ Asset transfers from any EVM compatible network, particularly Polygon and Ethereum mainnets.
○ Transferring of ERC20 tokens, NFTs, or local tokens in the shell.
○ The ability to customize bridge functionality with existing plugins.
● Special Functions.
○ Building network usability via the development of plugins
○ The capacity to replace core functionalities with consensus plugins.
○ Going beyond Ethereum smart contracts by incorporating Runtime