{"id":52212,"date":"2025-09-24T21:00:57","date_gmt":"2025-09-24T18:00:57","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=52212"},"modified":"2025-09-24T17:20:58","modified_gmt":"2025-09-24T14:20:58","slug":"what-is-venom-venom","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/","title":{"rendered":"What is Venom (VENOM)?"},"content":{"rendered":"<p dir=\"ltr\"><a href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-network-project\/\"><strong>Venom<\/strong> <\/a>is an innovative platform aiming to revolutionize social and financial services using blockchain technology. With its decentralized structure, it offers effective solutions in transparency, accountability, financial inclusion, digital identity, and data protection. Developed by the Venom Foundation, this project seeks to accelerate the widespread adoption of blockchain through a scalable macro infrastructure called Mesh Networks. The <strong>$VENOM token<\/strong> supports network transactions, staking, and governance. In this article, we will explore what Venom is, how it works, and the opportunities it provides in detail.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/#What_is_Venom\" title=\"What is Venom?\">What is Venom?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/#Venoms_Purpose\" title=\"Venom\u2019s Purpose\">Venom\u2019s Purpose<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/#How_Venom_Works\" title=\"How Venom Works\">How Venom Works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/#Venom_Use_Cases\" title=\"Venom Use Cases\">Venom Use Cases<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/#Venom_Tokenomics\" title=\"Venom Tokenomics\">Venom Tokenomics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/#Venom_Partners\" title=\"Venom Partners\">Venom Partners<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/#Venom_Team\" title=\"Venom Team\">Venom Team<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/#Official_Links\" title=\"Official Links\">Official Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"What_is_Venom\"><\/span>What is Venom?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">Venom aims to bring blockchain technology to mainstream use by addressing scalability, security, and interoperability issues. The <strong>Dynamic Sharding Protocol<\/strong> processes high transaction volumes in parallel, while Workchains provide industry-specific blockchains. Mesh Networks enable secure and seamless interchain communication, integrating Venom with other blockchains. The platform maintains security with a PoS-based Byzantine fault-tolerant consensus mechanism and collaborates with leading firms for smart contract audits.<\/p>\n<p dir=\"ltr\">As of 2025, Venom stands out with a test environment performance of 54,000 TPS and a mainnet capacity of 4,000 TPS.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-172439 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/09\/venom-1.png\" alt=\"\" width=\"1347\" height=\"625\" \/><\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Venoms_Purpose\"><\/span>Venom\u2019s Purpose<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">Venom aims to make blockchain accessible to the masses. It addresses issues in traditional financial systems such as bureaucracy, lack of transparency, and high fees, offering innovations in CBDC, stablecoins, tokenized assets, and trade finance. Mesh Networks bridge public and private chains, balancing transparency and privacy. It targets financial inclusion for billions of people.<\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"How_Venom_Works\"><\/span>How Venom Works<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">Venom operates with Dynamic Sharding and Workchains. Sharding divides transactions into parallel-processing shardchains; shardchains split under high load and merge when load decreases. Workchains create industry-specific blockchains for sectors like finance or gaming, operating in public, private, or consortium models. The Masterchain, as the network\u2019s backbone, coordinates Workchains and shardchains; the Threaded Virtual Machine (TVM) executes smart contracts.<\/p>\n<p dir=\"ltr\">The $VENOM token is used for network fees, staking, and governance. The PoS consensus encourages validators to secure the network by staking tokens; delegation allows user participation. The T-Sol programming language supports TVM\u2019s asynchronous Actor Model, offering flexibility and upgradability in smart contracts.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-172440 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/09\/venom-2.png\" alt=\"\" width=\"1234\" height=\"357\" \/><\/p>\n<p dir=\"ltr\">Roadmap:<\/p>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Phase 0 (PoA Launch): Proof of Authority (PoA) for controlled testing; the Foundation manages all validators.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Phase 1 (PoS and Governance): Transition to PoS, community validators, and governance launch.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Phase 2 (Workchains and Interoperability): Workchain framework, custom chains, and interchain communication.<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Venom_Use_Cases\"><\/span>Venom Use Cases<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">Venom offers versatile use cases:<\/p>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Stablecoin and CBDC: Private Workchains ensure regulatory compliance while providing fast and secure transactions.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Tokenization: Tokenizing assets creates new opportunities for DeFi and trade finance.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Trade Finance: Private chains protect sensitive data; public chains ensure transparency.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Digital Identity: Account abstraction enables flexible authentication and recovery mechanisms.<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Sustainability: Proof of Reserves (PoR) for transparent and secure financial systems.<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Venom_Tokenomics\"><\/span>Venom Tokenomics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">$VENOM is the network\u2019s primary currency, supporting transactions, staking, and governance. It starts with an inflationary model (7.2 billion initial supply) but plans to transition to a deflationary model through fee burning. NanoVENOM is the smallest unit. Validators are incentivized with block rewards and transaction fees; delegation enables community governance participation.<\/p>\n<ul class=\"tight\" dir=\"ltr\" data-tight=\"true\">\n<li>\n<p dir=\"ltr\">Community: 20%<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Ecosystem: 28%<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Foundation: 15%<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Early Backers: 7.5%<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Team: 7%<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Public: 0.5%<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Market Liquidity: 10%<\/p>\n<\/li>\n<li>\n<p dir=\"ltr\">Validators: 10%<\/p>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-172432 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/09\/venom-tokenomics.png\" alt=\"\" width=\"650\" height=\"408\" \/><\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Venom_Partners\"><\/span>Venom Partners<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">Venom grows with projects like Web3World (DEX), Venom Bridge (cross-chain bridge), and NFT Marketplace. The Developer Program supports third-party teams; collaborations with payment systems and financial institutions enhance financial inclusion.<\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Venom_Team\"><\/span>Venom Team<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p dir=\"ltr\">The Venom Foundation is led by Christopher Louis Tsu (CEO), Peter Knez (Chairman), and Ari Last (CBO). The team has been developing Everscale-based technologies since 2017, collaborating with the community and developers to create innovative solutions.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-172434 aligncenter\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/09\/venom-team.png\" alt=\"\" width=\"952\" height=\"144\" \/><\/p>\n<h2 dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Official_Links\"><\/span>Official Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li dir=\"ltr\"><a href=\"https:\/\/venom.foundation\/\">Website<\/a><\/li>\n<li dir=\"ltr\"><a href=\"https:\/\/x.com\/venomfoundation\">X (Twitter)<\/a><\/li>\n<li dir=\"ltr\"><a href=\"https:\/\/venom.foundation\/Venom_Whitepaper.pdf\">Whitepaper<\/a><\/li>\n<\/ul>\n<p><script type=\"text\/javascript\" src=\"https:\/\/files.coinmarketcap.com\/static\/widget\/currency.js\"><\/script><\/p>\n<div class=\"coinmarketcap-currency-widget\" data-currencyid=\"22059\" data-base=\"USD\" data-secondary=\"\" data-ticker=\"true\" data-rank=\"true\" data-marketcap=\"true\" data-volume=\"true\" data-statsticker=\"true\" data-stats=\"USD\"><\/div>\n<p>&nbsp;<\/p>\n<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram<\/strong><\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Venom is an innovative platform aiming to revolutionize social and financial services using blockchain technology. With its decentralized structure, it offers effective solutions in transparency, accountability, financial inclusion, digital identity, and data protection. Developed by the Venom Foundation, this project seeks to accelerate the widespread adoption of blockchain through a scalable macro infrastructure called Mesh<\/p>\n","protected":false},"author":29,"featured_media":52253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5],"tags":[24188,205,254,24184,24185,24186,24187],"class_list":["post-52212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-project-review","tag-dynamic-sharding-protocol","tag-tokenomics","tag-venom","tag-venom-coin","tag-venom-token","tag-venom-wallet","tag-what-is-venom"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Venom (VENOM)? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Venom is an innovative platform aiming to revolutionize social and financial services using blockchain technology.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/what-is-venom-venom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Venom (VENOM)? 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