How ABEYCHAIN Has Resolved The Blockchain Trilemma
Since its inception, the technology that powers cryptocurrencies and their use cases have faced a complex problem. For a public blockchain to be scalable, decentralized, and secure, sacrifices must be made. However, the technology has matured and there are projects that offer a solution to the classic blockchain trilemma. Amongst the most prominent is ABEYCHAIN. […]
Related News
ABEY Foundation, the organization that oversees the activities of multi-layer blockchain protocol ABEYCHAIN has revealed the launch of XSWAP: its native decentralized exchange. This development is expected to herald the beginning of innovations with the ABEYCHAIN DeFi ecosystem. XSWAP: Built on ABEYCHAIN blockchain XSWAP is built on ABEYCHAIN infrastructure that is designed to be highly scalable and support up to 10,000 TPS. These qualities mean that the DEX will be able to handle greater amounts of transactions as adoption increases. XSWAP differs from traditional DEXes as it introduces....
Blockchain technology has come a long way since Bitcoin was introduced over a decade ago. While the number of use cases for blockchain technology continues to grow, there is one inherent problem that comes back to haunt the developer community – scalability. Many attempts to solve the scalability issue have ended up compromising speed or […]
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many to search for alternatives. ABEYCHAIN 2.0 seeks to be an alternative to popular public blockchains as a platform where anyone can build solutions and launch projects. The blockchain platform is built on a highly scalable architecture and is set to become the home of web 3.0 applications. How does....
ABEY and the ABEYCHAIN have been awarded the Blockchain Solution of the Year at AIBC Europe 2021. Celebrated on November 16th in Malta, this event honors international emerging tech projects by inviting investors and innovators from the Fintech, Artificial Intelligence, Quantum Technology, Big Data, IoT, and the Blockchain industry. ABEYCHAIN has quickly become one of […]
Scalability trilemma implies that to scale, blockchains usually need to sacrifice one of their three fundamental cornerstones — security or decentralization, or transaction throughput. After a successful Ethereum Merge, all eyes are set on the next phase of transition that would introduce key scalability solutions on the platform, including sharding. Market experts believe sharding would be a game changer for the Ethereum network as it could potentially solve the scalability trilemma.In an exclusive conversation with Cointelegraph, Uphold’s head of research, Dr. Martin Hiesboeck, explained....