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ABEYCHAIN 2.0: Blockchain's Next Big Thing

VADUZ, LICHTENSTEIN / ACCESSWIRE / May 26, 2021 / ZEXPRWIRE, With tens of thousands of users added since its March 2021 launch, ABEYCHAIN 2.0 is building strong momentum. The blockchain was publicly showcased at the AIBC 2021 Summit in Dubai. Developers are excited about the possibilities this blockchain can have for decentralized applications and finance.

ABOUT ABEYCHAIN 2.0 -

ABEYCHAIN 2.0 is becoming a blockchain of choice for developers looking to build decentralized applications, business use cases and achieve Cross-Chain Interoperability. ABEYCHAIN 2.0 was created with the idea that other high-quality assets on other chains can be transferred onto the ABEYCHAIN 2.0 immediately.

HYBRID HIGHLIGHTS

ABEYCHAIN 2.0 uses a hybrid consensus combining DPoS and PoW to solve the biggest problems permissionless blockchains face: the trade-off between decentralization and efficiency. Many public chains based on single consensus mechanisms (PoW or PoS) lack efficiency. Meanwhile other chains based on dPoS or PBFT have been efficient but have issues with decentralization. ABEYCHAIN 2.0 uses a hybrid consensus combining DPoS and PoW to find efficiency and security.

IMPACT ON ECONOMY

ABEYCHAIN 2.0 aims to provide a well-governed blockchain for the decentralized economy. The hybrid consensus incentive model uses economics as a drive to uphold and improve the chain. The creation of a stable gas fee mechanism will lower the cost for developers to make the blockchain more public. ABEYCHAIN 2.0 has also built an all-inclusive community to attract developers and entrepreneurs from across the world to be a part of the movement towards a decentralized economy.

ABEY'S PLATFORM FOR FINANCE

The ABEY ecosystem creates a foundational home for the essential elements of DeFi. These elements include the decentralized exchange, liquidity mining, derivatives trading, collateral loans, insurance, gaming, lottery and other use cases. Through the ABEY Network, users can pay the digital asset in exchange for services or goods. Digital assets issued on the ABEYCHAIN 2.0 will be able to access XSWAP, the decentralized exchange, at no cost.

NEW STANDARD IN SECURITY AND STORAGE

The ABEY Storage Network is a decentralized file storage and distribution network that provides intelligent data storage to a worldwide customer base. The ABEY Storage Network is distributed into different servers around the world in different nodes. All of that data is encrypted. This is a significant upgrade from large data providers which are susceptible to hacks or lags that lead to interruptions and critical infrastructure failures.

ONBOARDING ABEY

The ABEY Token is available right now and is trading on www.zbx.com and www.zbx.plus. For more information on the ABEY blockchain, visit www.abey.com, where you can find the initial scientific whitepaper, download links for the wallet and the other information.

ABOUT THE ABEY FOUNDATION

The ABEY Foundation contributes governance, and research, for the ABEYCHAIN, while maintaining the integrity of the core technology. The Foundation provides guidance, and direction for the ABEY Community and Ecosystems, and has a strong a commitment to protect the immutable freedom of all ABEY users now, and for future generations. For more information, visit: www.abey.org

Media Contacts:

Company: The ABEY Foundation
Email: brogers@neurothink.io

SOURCE: The ABEY Foundation



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