PhronZero: Decentralizing Blockchain Development
A Layer 0 blockchain, sometimes referred to as a ”protocol layer” or ”foundational layer,” represents the underlying infrastructure upon which other blockchain layers operate. Unlike Layer 1, which typically encompasses blockchains like Bitcoin and Ethereum, Layer 0 is not concerned with specific applications or consensus mechanisms. Instead, it focuses on fundamental protocols and infrastructure components that provide the backbone for decentralized networks to function efficiently and securely [2]. Phron Zero blockchain provides the foundational infrastructure and protocols that enable the functioning of decentralized networks. It sets the stage for innovation and development at higher layers, empowering developers to build decentralized applications (dApps), decentralized finance (DeFi) protocols, and other blockchain-based solutions on top of a robust and secure foundation. The main innovations of PhronZero are Master Class and Node-Block-Sharing (NBS).