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Everscale is an Ever OS-based, decentralized global blockchain network and a blockchain ecosystem that boasts the highest transaction speed ever. As its name suggests, Everscale represents limitless scalability.
The chances of people worldwide using a single blockchain are getting slimmer with time.As people will not continue to use only Bitcoin or Ethereum, we will see an inevitable diversification of cryptocurrencies.
This necessitates an ecosystem that can integrate them seamlessly. To pull off this challenge, we need to ensure high speed, security, and scalability.
Everscale is a mainnet blockchain developed with a focus on this challenge and with the ultimate goal of integrating leading blockchains with daily applications throughout the world into a single ecosystem with limitless scalability.
High processing speed and security
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Everscale is an Ever OS-based, centralized global blockchain network and a blockchain ecosystem in which transactions are carried out at a lightening speed. Designed in a unique conceptualized and scalable structure, Everscale runs on Ever OS, a distributed operating system.
Using smart contracts and distributed user interface Everscale can process millions of transactions per second. This is the fastest processing speed ever, beating Ethereum and Solana. Numerical metrics show a wide gap in performance among some leading blockchains.
Everscale handles a whopping more than 45,000 transactions per second, easily outpacing Bitcoin’s 7 TPS, Ethereum’s 20 TPS, and Solana’s 1,000 TPS.
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Plus, Everscale’s new and unique properties, such as dynamic multi-threading, soft majority consensus, and distributed programming, maximize scalability, speed, and security making the platform super-fast and super-safe.
Security should be guaranteed for virtual assets. Everscale is the perfect security solution. Everscale, with its state-of-the-art technology and constant evolution, provides enhanced security for every transaction through end-to-end encryption.
Minimal Fees
Everscale features not just high processing speed but also minimal fees. One of the thorniest issues facing coin developers and coin users is the huge cost they have to bear in fees.
To fulfill its goal of converging all blockchain networks into a single integrated environment, Everscale offers low transaction fees for users through instant payments and various ways to stake and park your tokens.
Powerful Developer Tools
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Compilers for Solidity and C++ Everscale offers a powerful suite of developer tools,
such as compilers for Solidity and C++, SDK and API, client libraries for more than 20 languages and platforms, an array of decentralized browsers and wallets empowering many applications in DeFi, NFT, tokenization, and governance domains.
Prospects of Everscale
Listed Exchanges
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CoinMarketCap shows that Everscale is listed on 9 exchanges including Gate.io and MEXC.
Considering its market proposition and inclusive orientation, Everscale is expected to be listed on even more exchanges.
My thoughts on the prospects of Everscale
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Today, blockchain networks remain discrete and independent. In their nascent stages, Bitcoin and Ethereum attracted a lot of liquidity as virtual assets. But they have obstacles to clear, such as slow transaction speeds and exorbitant fees to meet the performance requirements of blockchain technology that the times require.
Blockchains will inevitably face the challenge of integration. Rising to the challenge depends in large part on scalability and speed.
On 30 August 2021, a little over a year from its launch, Everscale set a remarkable record of 45,000 transactions per second (TPS). It was a new world record. As mentioned earlier, other blockchains pale beside this performance. Integration will loom large as a challenge for blockchains. Meeting the challenge depends in large part on scalability and speed.
Everscale generates high expectations for the future, as it has a competitive suite of features such as fast transaction speeds, minimal fees, and an effort to build a network converging disparate blockchains through improvement in its bridge platform.
