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.

Although 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 dApps, ABEYCHAIN 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.