ABEYCHAIN – The Next Generation Protocol that Solves the Blockchain Trilemma
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 […]
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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. […]
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....
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 Foundation recently launched its DeFi platform, XSWAP, on the ABEYCHAIN blockchain. XSWAP functions as both a decentralized exchange (DEX) and a decentralized finance (DeFi) platform. The XSWAP platform is the first of what the ABEY Foundation hopes will be many DApps built on the platform by the ABEY developer community. The ABEYCHAIN ecosystem itself provides an alternative to blockchains like Ethereal, which serves as a home to a host of DApps. XSWAP provides an alternative to the overly expensive and inefficient Ethereum network. XSWAP brings solutions to the market for issues....
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 […]