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43 changes: 8 additions & 35 deletions docs/introduction.md
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Expand Up @@ -13,27 +13,9 @@ ParallelChain Mainnet is a **Delegated Proof-of-Stake** open-source platform tha
The continued development of ParallelChain is supported by the **ParallelChain Foundation**, an independent governance body based in Switzerland, and it is dedicated to increasing awareness and growing a strong builder community for ParallelChain.


## Why ParallelChain?

ParallelChain excels where most other blockchains stumble, providing:

1. speed,
2. scalability, and
3. connectivity.

ParallelChain's dual-blockchain ecosystem drives near instant transactions. The public ParallelChain Mainnet and permissioned ParallelChain Enterprise both offer extremely **high transaction speed**—the latter operating at 130,000 transactions per second with a 3 millisecond finality.

This speed brings **scalability** to public decentralised applications and enterprise solutions alike. Both networks help projects and companies scale up the amount of bandwidth needed, especially during peak usage where on-chain activities such as NFT minting periods could otherwise clog up the network and raise transaction gas fees.

Moreover, heterogenous blockchains are unable to inter-communicate meaningfully due to their difference in architecture and consensus mechanism. With ParallelChain, the blockchain network achieves true **native chain communication** between permissioned and permissionless chains for deep level interoperability and allow enterprise users to tap into the decentralised space in a private, secure manner with Inter-ParallelChain Protocol (IPP).

IPP essentially acts as the bridge that connects the enterprise chain to DeFi networks built on the ParallelChain Mainnet, and this enables decentralised applications (dApps) to work across both layers. By doing so, we create wider accessibility between communities that are traditionally isolated.

## What is XPLL
**XPLL** is the native cryptocurrency of ParallelChain Mainnet (**TXPLL** in Testnet). The users of the ParallelChain Mainnet need XPLLs to pay for their transaction fees when using the network. The transaction fee is denoted in GRAY, the smallest unit of XPLL, where 1 GRAY = 0.00000001 XPLL. Other than that, XPLL also plays an important role in this Delegated Proof-of-Stake (DPoS) Mainnet; it incentivizes good behaviors and punishes actions that threaten the network's security, availability, and user experience.

For more information about XPLL, including allocations, circulation, and inflation, please refer to the [XPLL Token Metrics](https://parallelchain.io/parallelchain/mainnet/papers/xpll-metrics).


### Utilities

Expand All @@ -50,14 +32,14 @@ The smallest denomination of XPLL is called **Gray**. Users buy XPLL to pay for

The goal of defining a denomination for XPLL is to standardize its scale with all currencies in the financial system. The table below shows the different denominations of XPLL, their abbreviations, and their equivalent values in terms of XPLL.

| Denomination | Abbreviation | Value in XPLL|
|:--- |:--- |:---|
|Gray |Gr | 0.00000001 XPLL|
|KiloGray |KGr | 0.00001 XPLL|
|MegaGray |MGr | 0.01 XPLL|
|XPLL |XPLL | 1 XPLL|
|TeraGray |TGr | 10000 XPLL|
|PetaGray |PGr | 10000000 XPLL|
| Denomination | Abbreviation | Value in XPLL |
| :----------- | :----------- | :-------------- |
| Gray | Gr | 0.00000001 XPLL |
| KiloGray | KGr | 0.00001 XPLL |
| MegaGray | MGr | 0.01 XPLL |
| XPLL | XPLL | 1 XPLL |
| TeraGray | TGr | 10000 XPLL |
| PetaGray | PGr | 10000000 XPLL |

>*Gray is named in honor of **James Nicholas Gray**, a renowned computer scientist who was considered a pioneer in modern database technology. He was the award winner of the prestigious ACM Turing Award in 1998, which is the highest distinction in the field of computer science.*

Expand All @@ -78,12 +60,3 @@ To learn more about staking, read [Staking](./fundamentals/staking.md).
Users can earn XPLL by participating in our **Ambassador Programme** on [Zealy.io](https://zealy.io/c/parallelchain/questboard). There are a variety of tasks and missions for community members to complete. In return, community members will receive rewards, perks, and badges by leveling up on Zealy. This is an opportunity for community members to earn XPLLs while keeping everyone engaged.

For more information about the ParallelChain Ambassador Programme, read [here](https://parallelchain.io/company/newsroom/parallelchain-zealy-announcement-and-ambassador-programme-update).


### KuCoin

XPLL is now listed on [KuCoin](https://www.kucoin.com/price/XPLL), and the XPLL/USDT trading pair is available on the KuCoin platform. You can simply create an account on KuCoin, deposit your fund, and start trading for XPLL.

>KuCoin is a global cryptocurrency exchange with a user-oriented platform that focuses on inclusiveness and community action reach. It offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 27 million users in 207 countries and regions. KuCoin is currently one of the top 5 crypto exchanges, according to CoinMarketCap.

For more information about the listing of XPLL, read [here](https://www.kucoin.com/news/en-parallelchain-xpll-gets-listed-on-kucoin-world-premiere).
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