IntroductionVenom is a multi-blockchain network designed to improve scalability and transaction speeds while reducing fees. The platform utilizes a Proof of Stake (PoS) consensus mechanism with The Byzantine fault-tolerant (BFT) algorithm to reach a consensus agreement between validators. This review aims to provide an objective assessment of the Venom blockchain’s technology, including its innovation, architecture, code quality, product roadmap, usability, and team.
InnovationVenom is a unique, layer-0 blockchain that supports up to 2^32 workchains and has a property of interoperability, allowing asset transfers between workchains. The project scored high in innovation due to its potential for over 11% of crypto users to use the platform. Similar projects have performed well, making the Venom blockchain an attractive option for blockchain enthusiasts.
ArchitectureVenom’s architecture is designed as a heterogeneous multi-blockchain platform with dynamic sharding. The masterchain state stores the network configuration, information about a set of validators, their stakes, and election rounds. While the architecture is not significantly better than other projects in this area, the Venom blockchain supports infinity sharding, meaning tasks can be shared between groups of validator nodes depending on the load. This design feature could prove advantageous in future developments of the platform.
Code QualityThe quality of code on the Venom blockchain is very high. The infrastructure is forked from other projects, mainly Everscale and TonLabs. The code is well-commented, with good test coverage, and has an outstanding maintainability index. Github is maintained very well, with more than 10k lines of code and over ten commits per month. The project scored very high in code quality.
Product RoadmapThere is no word on the mainnet launch of the Venom blockchain, and the project roadmap is not clearly defined. While a testnet is available, obtaining credentials from the team over Discord is required. Thus, the project scored low in this area.
UsabilityUsability for infrastructure projects is good as many projects have been built on top of the Venom blockchain. These include wallets, cross-chain bridges, AMMs, and NFT marketplaces. The project scored high in usability.
TeamThe core Venom team has decent experience in full-stack blockchain and DeFi project development. However, no specific information about the team’s credentials is available on the project’s website, and their LinkedIn profiles do not provide much insight into their experience. Thus, the project scored average in this area.
ConclusionOverall, the Venom blockchain is a promising project that scored well in innovation, code quality, and usability.
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