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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.02915908
Circulation/Max
6.00M/10.00M
Dominance
0.00%
ROI -82.88%
$0.02915908$11.09319972
Low · 2020/05/062020/05/06 · High

Information

What is Aventus and how does it solve Ethereum's scalability issues?

Aventus is a layer-2 blockchain protocol that aims to address the scalability, cost, and speed limitations of Ethereum transactions. Ethereum, being the preferred blockchain network for many businesses, suffers from scalability issues, resulting in inadequate transaction throughput to meet the growing demand. This has led to exorbitant transaction fees, making them unaffordable for many.

The Aventus Network (AvN) offers a solution by allowing businesses to build on top of the Ethereum network using Aventus' second-layer protocol. By leveraging the AvN, applications can seamlessly integrate with other promising blockchain technologies, including cross-chain functionality through the Polkadot ecosystem and building on Substrate.

Answers

What Sets Aventus Apart?

Aventus is specifically designed to cater to the needs of large partnerships that handle millions of transactions each year. It is built on Substrate, making it a layer-2 solution not only for Ethereum but also for Polkadot and other networks. The ultimate aim of Aventus is to facilitate widespread adoption of blockchain technology through cross-chain functionality. Enterprises can benefit from Aventus's ability to provide scalability, speed, and cost-efficiency while ensuring security across multiple blockchain networks.