ABEY

Abey

Layer 1Proof of work

Price
$0.0383
24h
+0.8%
7d
+0.7%
Market cap
$40.2M
24h volume
$11.8K
Report

Abey (ABEY) is a smart-contract platform and layer-1 chain. 1B are in circulation, with no maximum. It ranks 525th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.

ABEYCHAIN is a fully functioning multi-layered, programmable blockchain for high-volume transactions. The blockchain provides a decentralized storage ecosystem that is second to none in the industry. While supporting high-volume transactions using sharding and the ABEY Virtual Machine (AVM). Simply put, ABEYCHAIN got there before Ethereum.

Most blockchains use single consensual mechanisms like proof of work or proof of stake. ABEYCHAIN blockchain uses a double consensus mechanism by implementing a secure proof of work and delegated proof of stake hybrid consensus. This hybridization helps to solve an issue commonly known as the “Impossible Triangle.” The triangle consists of a high degree of decentralization, security, and efficiency.

ABEYCHAIN provides a solution to this for users of the blockchain. Creating an ecosystem where users can count on high-speed transactions, cross-chain interoperability, and a growing base of decentralized applications in a fast-expanding ecosystem. All of this in a developer-friendly environment. The ABEYCHAIN blockchain also possesses the ability to scale to 10,000 transactions per second (TPS).

Abey's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
1.0B
Total supply
1.3B
Max supply
No cap

Supply as of 2h ago