Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many to search for alternatives.
ABEYCHAIN 2.0 seeks to be an alternative to popular public blockchains as a platform where anyone can build solutions and launch projects. The blockchain platform is built on a highly scalable architecture and is set to become the home of web 3.0 applications.
How does ABEYCHAIN 2.0 work
To help understand how ABEYCHAIN 2.0 works, it is important to note that most public blockchains use one consensus protocol. ABEYCHAIN 2.0 uses a hybrid of Delegated Proof-of-stake and Proof-of-Work to achieve census on its blockchain.
You may already know that proof of work packages transactions into blocks that are solved by miners using computing power. In contrast, proof of stake
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