ABEYCHAIN 3.0
Faster Transaction Speeds, Lower Gas Fees
ABEYCHAIN 3.0 is quickly becoming the go-to smart contract platform for Metaverse, GameFi & DeFi dApp developers around the globe.
Processing up to 3,000 TPS while featuring ultra-low gas fees, ABEYCHAIN 3.0 is a multi-Layered programmable blockchain with a DPoS consensus specializing in building decentralized applications, business use cases, and achieving cross-chain Interoperability. It is based on parallel transaction execution and the ABEY Virtual Machine (AVM).
On Sept 1, 2022, the ABEY Foundation introduced the ABEY 3.0 blockchain. After years of development, the ABEY 3.0 protocol represents a significant advancement in blockchain technology since ABEY’s initial release in 2018. ABEY 3.0 uses a Delegated Proof-of-Stake (DPoS) consensus to support High-Volume transactions, while simultaneously solving the biggest problem confronting permissionless blockchains today: the trade-off between decentralization, security, and efficiency.
ABEYCHAIN is designed to serve as the underlying public blockchain infrastructure with high-speed performance and security allowing smart contracts, DeFi, GameFi, Metaverse applications, NFT creation, and an endless range of other use cases.
Why ABEY
ABEYCHAIN is the first fully operational, third-generation public chain to solve one of the most pressing challenges in the public chain space: the ability to achieve simultaneously a high degree of both decentralization, security, and efficiency, which is commonly known as the “Impossible Triangle.”
High-Speed Transactions
ABEYCHAIN 3.0 features a Delegated Proof-of-Stake consensus in order to boost throughput to a whole new level. ABEYCHAIN’s DPoS committee is responsible for transaction validation. Committee members are elected by ABEY token holders. Membership will be on a rotating basis in order to prevent corruption in a timely manner.
The dPoS consensus is currently capable of processing up to 3,000 transactions per second (TPS) with the ability to scale to even greater processing power with an eventual upgrade to “sharding”. Sharding allows the ABEY blockchain to be broken up into smaller pieces called “shards.” These shards act as semi-autonomous fragments of the main blockchain and can process transactions on their own. With sharding, ABEYCHAIN’s TPS is estimated to increase to 100,000. Further, unrelated transactions are splitted and executed them in parallel to greatly optimize execution efficiency and throughput.
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Cross-Chain InteroperabilityAlthough many different blockchains exist in 2021, very few can achieve interoperability with other chains like ABEYCHAIN. ABEYCHAIN was created with maximum interoperability in mind – this means that a variety of high-quality crypto assets native to other blockchains can be seamlessly transferred onto or processed through the ABEYCHAIN without experiencing any significant delays. |
Designed For Decentralized Applications (dApps)
Designed for dApps, ABEY 3.0 is quickly becoming the blockchain of choice for developers looking to build decentralized applications, implement business use cases, and more easily achieve cross-chain Interoperability. Developers can take advantage of the highly advanced features of ABEYCHAIN to build their own applications without limit to the potential use cases that can be developed and supported on the ABEYCHAIN. As an added feature designed to incentivize a robust community of developers building out the ABEYCHAIN ecosystem, dApps can be Showcased, Purchased, and Sold within the innovative ABEY Marketplace, an exciting feature that users simply will not find in other blockchain ecosystems.
Defi Application
XSWAP™
XSWAP is the home for Decentralized Finance (DeFi) on the ABEYCHAIN. Swap, stake, trade, yield farm, arbitrage, lend, borrow, and leverage, multi-chain interoperability and multi-asset wallet support. XSWAP is designed to be a liquidity provider and developer-friendly.
Gamefi Applications
PuppyPlanet.io | Revoland.com
Puppy Planet and Revoland are blockchain-based multiplayer online battle arena (MOBA) games designed to combine players’ individual techniques and teamwork to challenge themselves in multiple game modes. Different from the current chain games on the market, They are product that truly integrates all the advantages of traditional mobile games, with a high degree of completion and entertainment, creating a real ‘social gaming experience’ and profit model.
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Prediction Game Platform
DSWAP.com
DSwap is a decentralized prediction game platform built on the ABEYCHAIN. Bet on the future and get unbiased real-time forecasts on what matters most to you
The ABEYWORLD Metaverse
ABEYWORLD metaverse is a decentralized virtual reality platform powered by the ABEY blockchain. In it, users can freely create, experience, and monetize NFTs, content & applications.
Land PLOTs (known as PLOTs) in ABEYWORLD may be purchased by the individual Community Members, giving them full control over their creations. PLOTs are NFTs created by Smart Contract, that guarantee Digital Ownership Rights.
ABEYWORLD 2D
ABEYWORLD 3D
Developers
ABEY Developer Community