The #Web3 scene welcomes a new Layer 1 competitor!! π₯³
@Cube0x, a.k.a. Cube Chain, is an EVM-compatible public blockchain funded by the world-leading #crypto exchange @HuobiGlobal. π§΅ (1/8)
As the world shifts towards #Web3 and the #metaverse, Cube Chain provides state-of-the-art infrastructure to make the transition as seamless as possible. β¨
@Cube0x uses a hybrid randomized delegated proof of stake (DPOS) protocol named βChaos Consensus.β
This allows more nodes to participate in the consensus, increasing the system's decentralization. (3/8)
2) A modular architecture:
@Cube0x is divided into 3 layers: Execution, Settlement, and Data Availability.
Currently, no chain has simultaneously achieved decentralization, security, and scalability. Cube aims to solve this by making its components less interdependent. (4/8)
3) A cross-chain protocol:
@Cube0x fosters a multi-chain network of cross-chain protocols. π
Cube is integrating itself into the world of interconnected chains to become an indispensable part of the #metaverse infrastructure. (5/8)
4) Collaborative rollups:
@Cube0x introduces EVM-compatible collaborative rollups, offering fast transaction validation and providing an excellent alternative to ZK Rollup until the zkEVM technology matures. (6/8)
These are only a few examples of @Cube0x multiple innovations to face the exponential growth in transactions across #DeFi, #GameFi, and #NFTs. π€
Cube currently processes βΌ3,000 TPS and is expected to exceed 5,000 by September 2022. π (7/8)
Do we have a new flagship killer π on the rise? Will it provide a superior alternative for devs and users?
@Cube0x received a ton of attention over the past few days, and the $CUBE market cap sits now at $340M.
In any case, @CubeChainNews will follow along the ride! (8/8)
β’ β’ β’
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