#Polymesh is a layer-one, public permissioned blockchain built for security tokens, which are digital contracts for fractions of assets with real-world value. #POLYX
Thanks to this feature, anyone can view the network, but an authentication process must be completed to join. Polymesh specifically requires node operators to be licensed and permitted financial institutions, which increases the security of the network. #BTC
The most notable feature of Polymesh is that it allows market participants to enjoy the unique advantages of private and permissionless networks. This ensures security without compromising the transparency of the network.
Polymesh's operating principle is based on node operators and stakeholders working together to secure the #layer1 blockchain and verify blocks.
Node operators who successfully verify blocks are rewarded with POLYX, Polymesh's utility token. Additionally, stakers can increase their chances of being selected into the validator pool by depositing their POLYX with node operators. #stake
Polymesh stands out as a unique project as it is one of the few layer 1 blockchains built for security tokens. The aim of the project is to advance the security token industry by solving governance, identity, compliance, privacy and compromise challenges.
