Abey
ABEYCHAIN is a fully functional, multi-layer, programmable blockchain for high-volume transactions. The blockchain provides a decentralized storage ecosystem that is second to none in the industry, while supporting high-volume transactions through sharding and the ABEY Virtual Machine (AVM). Simply put, ABEYCHAIN got there before Ethereum. Most blockchains use a single consensus mechanism, such as proof of work or proof of stake. The ABEYCHAIN blockchain uses a dual-consensus mechanism by implementing a hybrid of secure proof of work and delegated proof of stake. This hybridization helps solve an issue commonly known as the “Impossible Triangle.” The triangle consists of a high degree of decentralization, security, and efficiency. ABEYCHAIN provides a solution for blockchain users by creating an ecosystem where users can rely on high-speed transactions, cross-chain interoperability, and a growing base of decentralized applications in a rapidly expanding ecosystem. All of this is provided in a developer-friendly environment. The ABEYCHAIN blockchain can also scale to 10,000 transactions per second (TPS), providing fast and efficient transactions while eliminating network congestion that leads to high network fees.
Overview
ABEYCHAIN is a fully functional, multi-layer, programmable blockchain for high-volume transactions. The blockchain provides a decentralized storage ecosystem that is second to none in the industry, while supporting high-volume transactions through sharding and the ABEY Virtual Machine (AVM). Simply put, ABEYCHAIN got there before Ethereum. Most blockchains use a single consensus mechanism, such as proof of work or proof of stake. The ABEYCHAIN blockchain uses a dual-consensus mechanism by implementing a hybrid of secure proof of work and delegated proof of stake. This hybridization helps solve an issue commonly known as the “Impossible Triangle.” The triangle consists of a high degree of decentralization, security, and efficiency. ABEYCHAIN provides a solution for blockchain users by creating an ecosystem where users can rely on high-speed transactions, cross-chain interoperability, and a growing base of decentralized applications in a rapidly expanding ecosystem. All of this is provided in a developer-friendly environment. The ABEYCHAIN blockchain can also scale to 10,000 transactions per second (TPS), providing fast and efficient transactions while eliminating network congestion that leads to high network fees.