# 2. Introduction

DxChain was established in 2018 and is a decentralized public chain dedicated to providing solutions for web3 applications.&#x20;

The Mainnet was launched in March 2020, and implemented the DPoS (Delegated Proof of Stake) consensus algorithm that enables users to carry out on-chain activities in a safe, high-speed, and scalable environment.&#x20;

In the DxChain 3.0 network, we will realize the <mark style="background-color:yellow;">**security and convenient asset circulation**</mark>, the <mark style="background-color:yellow;">**opening and popularization of smart contract applications**</mark>, while the <mark style="background-color:yellow;">**Dapp ecosystem**</mark> will be fully integrated into it to promote the interactive development of DxChain value and ecosystem.
