The Aventus Network addresses scalability issues by allowing businesses to develop on the Ethereum blockchain using Aventus' second-layer protocol. This setup enables applications to easily integrate with other emerging blockchain technologies through cross-chain compatibility, particularly within the Polkadot ecosystem leveraging Substrate. Benefits include high scalability, with the network capable of processing up to approximately 2,000 transactions per second—over 130 times faster than Ethereum. Transaction fees start at just $0.01 (denominated in AVT) and are expected to decrease, making them 99% cheaper than Ethereum's average fees in the past year. Moreover, the network offers rapid transaction speeds, completing token transfers in about 0.13 seconds—100 times quicker than Ethereum.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
RESOURCES
Community
Support
© 2023 CMC.IO. All rights reserved