Koinswap is launching its own layer-1 blockchain.
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Koinswap is developing its own 1-layer blockchain. Everyone is familiar with blockchains like Ethereum, Solana, Cardano and Matic etc. These are blockchains with their unique functions and utilities. But all these chains have some limitations. Ethereum suffers from higher gas fees, Solana suffers from scalability and stability issues, Cardano is still under development and matic is still working on network stability. Keeping these things in mind, coinswap developers are working on a blockchain that can overcome such problems and provide solutions.
The Koinswap blockchain is an Ethereum EVM-based blockchain that operates on a proof-of-concept protocol. Validators are authorized by a proof mechanism, so only authorized verifiers can initially validate transactions. Thanks to this, we can reduce transaction costs. On the Coinswap blockchain, users can adjust the transaction costs when performing transactions. This makes coinswapchain the lowest transaction cost blockchain.
Developers can develop smart contracts on the coinswap chain, similar to Ethereum, in minutes. Developing decentralized applications, integrating metaverse and integrating NFTs into the coinswap blockchain is as easy as Ethereum. KOINSWAPCHAIN is the best solution as an industry layer 1 blockchain. KST is the original asset used throughout the coinswapchain ecosystem, which can create a huge demand for the asset.
The Koinswap ICO has successfully completed 2 rounds, followed by 3 more rounds. For more information visit the coinswap website and follow us on Twitter.
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