SimpleChain is a blockchain infrastructure that simplifies complexity and digitally reforms the Wanchain Internet industry; SimpleChain does not have a public chain with pre-mining, no private placement, and pure POW; it is a multi-subchain structure based on a main chain The public blockchain of the design concept,

Adopt the only public blockchain consensus mechanism proof-of-work mechanism that has experienced time and scale verification, combined with an open bottom layer of computing power to ensure the security of the ledger and continuous incentives. Through a multi-level distributed value network design, SimpleChain supports the deployment and expansion of public blockchains in various business scenarios. The sub-chain can set a consensus algorithm suitable for its own scenario according to business needs, and form a two-way anchor with the main chain through the cross-chain node, and form a cross-chain transaction with other sub-chains, helping the sub-chain to meet the performance of thousands of levels per second of SimpleChain At the same time, the final consistency provided by the main chain is obtained.

SimpleChain has 1. Silicon-based consensus, stable and reliable-PoW+ASIC 2. Effective algorithm, data privacy-privacy and security computing 3. Free notarization, interconnection of ten thousand chains-open cross-chain relay 4. Efficient performance and unlimited expansion - TPS up to 10,000 levels + unlimited parallelism + low consumption 5. Deep cultivation of industrial applications, blockchain + landing frontier 6. Distributed finance + NFT, open ecology - the innovative characteristics of the community.

In order to build an open, transparent and unanimously recognized distributed community, the principle of openness is written into the genesis block of SimpleChain as the operating mechanism. The initiator and initial operator of SimpleChain is the Upper Chain Foundation, a non-profit organization whose mission is to promote the prosperity of the upper chain's open ecosystem. The foundation has neither pre-mined nor retained any digital assets. The initial operating fund of the foundation in the first year comes from the donation of 5% of the continuous mining rewards of miners in the entire network. After that, the proportion of donations is halved every year until the community operates completely spontaneously . SimpleChain is committed to aggregating the global research and development strength of the community, and promoting the evolution of blockchain technology and the establishment of a distributed digital economy ecology with equal emphasis on compatibility and practicability.