MultiversX achieves 263K TPS with adaptive state sharding, enabling scalability for DeFi, metaverse, and real-world assets using EGLD tokens.
Core blockchain's Satoshi Plus consensus blends PoW and DPoS, ensuring scalability, decentralization, and DAO-governed transaction fees.
eCash leverages Avalanche consensus for near-instant transactions, supporting scalable subnets and efficient eToken and NFT creation.
Blockchain technology is evolving rapidly, with innovative protocols pushing the boundaries of scalability, governance, and decentralized applications. From MultiversX's lightning-fast transactions to Core's decentralized consensus, ApeCoin's Web3 governance, and eCash.
MultiversX (EGLD) Delivers High-Performance Blockchain Scalability
Current price: $35.39
Market cap: $976.33M
MultiversX uses adaptive state sharding to achieve up to 263,000 transactions per second (TPS). The network employs the EGLD token, supporting decentralized finance, the metaverse, and real-world assets. EGLD facilitates smart contracts, dApp development, and staking rewards while allowing governance participation. However, the protocol's architecture enables seamless scalability by introducing additional shards when transaction demand increases. However, developers earn 30% of smart contract fees as royalties, boosting ecosystem engagement.
Core (CORE) Blockchain Combines Scalability and Decentralization
Current price: $1.03
Market cap:$950.50M
The Core blockchain operates on the Satoshi Plus consensus, blending Bitcoin’s proof-of-work (PoW) with delegated proof-of-stake (DPoS). Core offers compatibility with Ethereum smart contracts and dApps. A decentralized autonomous organization(DAO) controls transaction fees and development proposals. In addition, developers are compensated with S-Prize tokens for contributing to the improvement of the ecosystem and for encouraging the development of decentralized applications.
ApeCoin(APE) Powers Governance in Web3
Current price: $1.25
Market cap: $942.77M
ApeCoin, an ERC-20 token, enables governance community-driven initiatives. Administered by the ApeCoin DAO, its holders vote on how ecosystem funds are utilized. Moreover,the token grants access to exclusive services, games, and projects within the ecosystem. Additionally, third-party developers incorporate ApeCoin to expand its functionality in web3 initiatives.
eCash(XEC) Revolutionizes Transactions with Avalanche Protocol
Current price:$0.00004402
Market cap:$871.04M
eCash combines Bitcoin’s proof-of-work with Avalanche consensus for enhanced speed, security, and flexibility. Transactions achieve near-instant finality, scaling to millions per second. Unique features include permissionless subnets, enabling specialized applications while maintaining chain integrity. Moreover, the network also supports eTokens for efficient fungible token and NFT creation, improving usability for stablecoins and decentralized applications.
Conclusion
These blockchain protocols highlight significant strides in scalability, governance, and decentralized application development. Their advancements continue to shape the web3 and blockchain landscape.
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