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ABEYCHAIN 2.0 Launched to Solve the Biggest Problem in Blockchain

Wed, 05/26/2021 - 14:00
ABEYCHAIN 2.0 Launched to Solve the Biggest Problem in Blockchain
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ABEYCHAIN 2.0 commenced in March 2021. It is now one of the leading public chains that solves the biggest problem of  confronting permissionless blockchains like the tradeoff between decentralization and efficiency. Our platform uses the DPos committee as the fast chain.

In our platform, we provide a secure storage server and distribution network that protects datas from hacks and technical issues. This storage will spread out into different servers across the world in different nodes. The main advantage is that the data is encrypted and so it cannot be hacked.

The nodes that decide issues are voted by others. Therefore, the deciding nodes selected by user votes in our network guarantees fairness in a way that can push the blockchain forward.

2.5 quintillion bytes of data are produced by humans every day. The need for reliable storage is growing at an astonishing rate. Our storage network is a decentralized file storage and distribution. We provide intelligent data storage to a worldwide customer base.

Onboard to ABEY

In our ecosystem, the ABEY token is available right now. ABEY Token trading is available on www.zbx.com or www.zbx.plus. To know more on the ABEY blockchain you can visit our homepage www.abey.com. where you can find the initial scientific whitepaper, download links for wallet, and the other information

Use cases

  • Cross-chain Interoperability

Our company ABEYCHAIN is not an independent island in the sea of public blockchains. Many chains exist nowadays, but only a few can achieve interoperability with others, our ABEYCHAIN is one such. We created ABEYCHAIN in the mind of other globals that can be transferred into/through the ABEYCHAIN without any delays.

  • A Perfect Foundation for Decentralized Finance

The network we provide is home to all essential elements of DeFi. It includes decentralized exchange, liquidity mining, derivatives trading, collateral loans, insurance, gaming, and lottery to name a few.

  • The ABEY DEX-XSwap

Through this service, users can pay for the digital asset in exchange for services or goods. Digitals Assets issued from our platform will be able to access XSwap, DeFi at no cost.

  • Stable Coin-ACT

Our official stable coin will be out soon. A stablecoin is essential in a public chain ecosystem. Our official stablecoin is ACT(aCash Token). ACT is a stable token pegged to the U.S. dollar in value. This stablecoin can be viewed as the equivalent of USDT on the Ethereum network. The ABEY 2.0 wallet will support the conversion of ACT to USDT through aPay payment services.

Abey

Abey. Image via www.abey.com

NFT Platform

Non-fungible tokens have taken over the world by storm. They have exciting new properties compared to traditional art: they are unique, provably scarce, liquid, and salable through multiple applications. The ABEYCHAIN NFT platform teams up with top artists and brands to create collections of limited editions, high-quality NFTs, exclusively available on the Music.Net platform.

Our Technology & Goal

ABEY proves to be an efficient and secure blockchain for decentralized applications and finance. Many public chains based on single consensus mechanisms, such as PoW or PoS, lack efficiency. But our platform ABEY uses a hybrid consensus combining DPoS and PoW to solve the biggest problem confronting permissionless blockchains.

Our network is the first working third generation public chain. We solve the most important problem in the public chain space, the “Impossible Triangle”.

Our goal is to build a blockchain and community to accelerate the development of a decentralized economy.

With industry-leading technology, our company aims to provide an efficient and well-governed blockchain for the decentralized economy.

We have also created a stable gas fee mechanism to lower the cost for the developers and operators of DApps and to make the blockchain more public.

About Our Foundation

Our Foundation contributes towards the governance and research for  ABEYCHAIN, while maintaining the integrity of the core technology. Our foundation is becoming the blockchain of choice for developers looking to build decentralized applications, business use cases, and achieve cross-chain Interoperability. ABEYCHAIN is now attracting a strong global open-source developer community supporting it.

We provide guidance, direction for our community and Ecosystems, and commitment to protect the immutable freedom of all our users now and for the future generations. For even more information, visit: www.abey.org

Organization
Abey

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