A high performance open source blockchain ecosystem

Source name: Blockton

Category name: Business and finance

Introducing Blockton Blockchain: A High-Performance, Open-Source Blockchain Ecosystem

Updated: 21.01.2023

New York (USA), 21 January: All technological breakthroughs in history were the result of existing problems. This claim is evident in the many inventors who have created devices such as smart tablets, airplanes and cars throughout history. These devices were designed to solve important societal issues. The trend has not slowed since the industrial revolution, but instead we see its continued growth.

Finance is an integral part of society and has undergone many changes. Blockchain technology is changing the structure of global financial systems and structures. The mainstream acceptance of cryptocurrencies is increasing rapidly. Now we have crypto-backed online payment gateways and crypto-automated teller machines (ATMs). This disruption in finance is only going to continue until cryptocurrencies are accepted as a global standard.

Although tokens have this advantage, they still need platforms that facilitate trading and exchange. Dapps, DEXs and smart contracts were created to provide security guarantee for every transaction. It was intended to create an ecosystem that is independent of central governance, owned and controlled by the users. This design is in line with the original idea behind cryptocurrencies and provides a safer and more secure way to ensure that all assets are under the control of users.

These ideas are limited by the fact that different blockchains lack intercommunication capabilities. This is a big step back, as users have to use multiple DEXs or Dapps to trade tokens. Blockton is changing the game. Blockton creates an ecosystem that can cross the boundaries of limited/native blockchain. This will allow users cross-chain access and real control over a wide range of tokens in the crypto ecosystem. This platform is designed to give users more control over crypto assets, and offer greater security. There will be fewer fraud-related micro-DEXes or dApps. The Blockton platform allows users to trade, exchange or convert tokens across multiple EVM compatible chains. The supported chains include Ethereum, Binance Smart Chain and Polygon as well as Fantom, Arbitrum and OKEx Chain.

Blockton is an EVM Blockchain Platform Layer-7 focused on DeFi, GameFi and Metaverse. It is PoW Blockchain with Liquidity Mining and Staking. This makes it a better alternative to PoW Ethereum. Blockton is a scalable, sustainable and high performance blockchain platform. It is fully compatible with EVM, allowing developers to create scalable, easy-to-use dApps at almost no cost. Blockton uses Proof of Work (PoW) to ensure real decentralization.

Blockton’s High Performance can currently process 300,000+ transactions per block while maintaining security. Based on network load and usage, it can adjust transaction size and block size. The blocking time is currently 3.1 seconds. Zero Fees Blockton was designed so that the transaction fee is almost zero forever. Users don’t have to worry about high gas prices. Blockton is easy to use every day.

For more info

Official website – www.blocktoncoin.com

Official Explorer – www.blocktonscan.com

(Disclaimer: The above press release comes to you pursuant to an agreement with PNN. PTI takes no editorial responsibility for the same.)