Everscale

Everscale

EVER
$0.055942929%3.39

Key Metrics

Price$0.055942929
Real Volume (24H)$309,471.76
Marketcap$110,181,778.37
Fully Diluted ValuationN/A
ATH$2.56
ATH Date10/14/2020, 12:23:14 AM
ATL$0.0288301
ATL Date12/24/2022, 5:35:19 PM
Circulating Supply1.7B
Total Supply2.1B
Popularity Rank405
Chart
What is Everscale?

Everscale Network (EVER) is a cutting-edge layer-1 PoS blockchain network that incorporates the latest innovations and concepts in blockchain technology. It is designed to serve as a decentralized hub for a variety of blockchains and resource-intensive applications such as GameFi, DeFi, micro-transactions, and real-time bidding.

The EVER token is the native token of the Everscale network and serves as both a fee token and a governance token. It is listed on multiple exchanges and can also be found in the wrapped ERC-20 version, WEVER.

One of the key features that sets Everscale apart from other blockchain networks is its dynamic multithreading and sharding technology. The network comprises a Masterchain and multiple shards known as workchains. The Masterchain contains all block proofs from all workchains in the network, making it the backbone of the network's security.

Unlike other blockchains, Everscale's sharding is dynamic which means that new workchains can be added at any time to prevent congestion. Additionally, when a new validator node joins the network, it is assigned to a specific workchain and thread, which allows validators to only process a limited amount of data. This improves the overall throughput of the network as the cumulative amount of transactions that the workchains can process increases.

Other key features of Everscale include its high performance with a live world scale of 60K+ TPS, extremely low fees, and its ability to easily connect to other networks. The network also boasts a well-developed ecosystem that includes wallets, decentralized exchanges, NFTs, GameFi and more.

The Everscale team is made up of over 200 individuals who work full-time on developing the network and its ecosystem. The company is constantly on the lookout for new projects and developer talent through its Grants Program and hackathons.

The Everscale Network (EVER) is led by a team of experienced and dedicated professionals in the blockchain and technology industry. The team includes experienced developers, researchers, and business professionals who are committed to making Everscale a leading blockchain network. The team is constantly expanding and looking for new talent to join the network and contribute to its growth and development.

One of the key features of the Everscale Network is its governance model. The network is fully decentralized and governed by its token holders. This means that token holders have the power to vote on important decisions and proposals related to the network's development and future direction. This allows for a more transparent and democratic decision-making process, which is essential for the long-term success of the network.

Another important aspect of the Everscale Network is its focus on security and decentralization. The network uses state-of-the-art security measures to protect against potential attacks and ensure the integrity of the network. Additionally, the network is fully decentralized, which means that it is not controlled by any single entity or group of individuals. This ensures that the network is resistant to censorship and manipulation, which is crucial for maintaining the trust and confidence of users.

Overall, the Everscale Network is an innovative and advanced blockchain network that aims to provide a high-performance and secure platform for decentralized applications and services. With its dynamic multithreading and sharding technology, low fees, and well-developed ecosystem, the network is well-positioned to become a leading player in the blockchain industry.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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