- TechPay represents an opportunity for investors to buy crypto similar to Ethereum but much cheaper and earlier in its progress.
- TechPay Coin bagged the “World’s Fastest Blockchain” award at Crypto Expo Asia, 2022, which occurred in Singapore on the 22nd and 23rd of June.
In a recently held AMA session with TechPay Coin’s COO, An interesting question was brought up comparing TechPay’s Capabilities with leading Layer-1 Blockchains.
What will be a competitive advantage, and what makes Techpay stand out for the competitor?
TechPay’s COO – “Real-Time Transaction, Beat the Blockchain Trilemma, which Means we’re infinitely scalable, decentralized & Secured, Minimal gas fees & Lastly EVM Compatibility.”
“Some people land in my DMs saying Avalanche (AVAX) did it before. Well, the network brags “Efficiency” Avalanche indicates its gas fees to be 0.07$, which would sound pretty minimal.” He Acclaimed
“However, suppose the NetworkNetwork is incorporated in real-world payment transfers. In that case, The protocol will cut a decent chunk out of the pocket of a frequent network user.”
“3000 Transactions on Avalanche would charge a ballpark figure of $210. TechPay’s Gas fee is $0.000004. Even 300,000 Transactions would charge approximately $1.2 as gas fees on TechPay.“
The NetworkNetwork is handling 70K+ Transactions while maintaining minimal gas fees & Below 500 Milliseconds confirmation time.
How TechPay Became The Most Scalable Blockchain?
As an updated version of Blockchain 2.0, Blockchain 3.0 develops and refines its precursor’s creative capacities. TechPay utilizes a coordinated non-cyclic graph (DAG) as its information construction to work with a unidirectional information movement, decreasing block stretches.
TechPay grants the transaction to be completed sub-second — at an incredible speed of 300,000+ transactions each second, multiple times quicker than Visa and popular Layer-1 Avalanche.
3.7 Million + Blocks | 11.4 Million + Transactions Without A Single Transaction Failure or Reversal
Courtesy of pBFT (Practical Byzantine Fault Tolerance) & DAG (Directed Acyclic Graph) Consensus Mechanisms, TechPay Chain boasts “Absolute Finality.” which allows it to validate transactions with greater certainty.
While some networks allow for transactions to be reversed due to probabilistic finality, such occurrences are impossible in the TechPay Network because of its leaderless architecture, making security even greater.
The post “Is Avalanche (AVAX) Efficient?” – TechPay Coin Issues A Bold Statement! Can TechPay Surpass The Leading Blockchains? appeared first on .
- TechPay represents an opportunity for investors to buy crypto similar to Ethereum but much cheaper and earlier in its progress.
- TechPay Coin bagged the “World’s Fastest Blockchain” award at Crypto Expo Asia, 2022, which occurred in Singapore on the 22nd and 23rd of June.
In a recently held AMA session with TechPay Coin’s COO, An interesting question was brought up comparing TechPay’s Capabilities with leading Layer-1 Blockchains.
What will be a competitive advantage, and what makes Techpay stand out for the competitor?
TechPay’s COO – “Real-Time Transaction, Beat the Blockchain Trilemma, which Means we’re infinitely scalable, decentralized & Secured, Minimal gas fees & Lastly EVM Compatibility.”
“Some people land in my DMs saying Avalanche (AVAX) did it before. Well, the network brags “Efficiency” Avalanche indicates its gas fees to be 0.07$, which would sound pretty minimal.” He Acclaimed
“However, suppose the NetworkNetwork is incorporated in real-world payment transfers. In that case, The protocol will cut a decent chunk out of the pocket of a frequent network user.”
“3000 Transactions on Avalanche would charge a ballpark figure of $210. TechPay’s Gas fee is $0.000004. Even 300,000 Transactions would charge approximately $1.2 as gas fees on TechPay.“
The NetworkNetwork is handling 70K+ Transactions while maintaining minimal gas fees & Below 500 Milliseconds confirmation time.
How TechPay Became The Most Scalable Blockchain?
As an updated version of Blockchain 2.0, Blockchain 3.0 develops and refines its precursor’s creative capacities. TechPay utilizes a coordinated non-cyclic graph (DAG) as its information construction to work with a unidirectional information movement, decreasing block stretches.
TechPay grants the transaction to be completed sub-second — at an incredible speed of 300,000+ transactions each second, multiple times quicker than Visa and popular Layer-1 Avalanche.
3.7 Million + Blocks | 11.4 Million + Transactions Without A Single Transaction Failure or Reversal
Courtesy of pBFT (Practical Byzantine Fault Tolerance) & DAG (Directed Acyclic Graph) Consensus Mechanisms, TechPay Chain boasts “Absolute Finality.” which allows it to validate transactions with greater certainty.
While some networks allow for transactions to be reversed due to probabilistic finality, such occurrences are impossible in the TechPay Network because of its leaderless architecture, making security even greater.
The post “Is Avalanche (AVAX) Efficient?” – TechPay Coin Issues A Bold Statement! Can TechPay Surpass The Leading Blockchains? appeared first on .