Everscale’s unique architecture allows developers to turn any concept into reality, which opens up a world of possibilities for the world of WEB3. A few developments that have made waves in the industry include Drivechains, TrueNFT, CBDC, and DeComm. The blockchain’s potential also extends to the world of AI, making the internet of things in WEB3 a reality, which could facilitate an autonomous infrastructure for healthcare, production, aggregation, legal departments, and more.
Everscale has a unique architecture that allows it to handle a TPS of 64,000 with the potential to ultimately process 1m TPS.
The network's incomparable scalability has been achieved thanks to its dynamic sharding mechanism which enables it to process millions of transactions per second and charge infinitesimal transaction fees.
Everscale runs on the consensus algorithm SMFT PoS (Soft Majority Fault Tolerance Proof of Stake) which matches Everscale’s security level with that of Bitcoin’s while providing upgrades with regards to block times (0.2 second per block), scalability, and utility.
Everscale is more than just a blockchain, it’s an innovative Web Free platform. We’ve developed past WEB3, creating our very own concept “Web Free”. Its ideology involves connecting the world of blockchains through many nodes, unlocking the technology’s full potential in the process. Everscale is the only blockchain that is technologically capable of developing this concept due to its outstanding developers that can fully utilize the blockchain’s unmatched scalability and interoperability.