Barcelona City, Barcelona, Spain, 29th May 2023 – Beavis is a next-generation cryptocurrency that aims to solve the scalability and security issues
that have plagued many popular cryptocurrencies. Unlike other chains, Beavis is scalable and can process up to 10,000 transactions per second. It also doesn’t have the front running problem that affects many chains.
In this article, we will take a closer look at the technology behind Beavis and its main features, as well as its cost-effectiveness and potential benefits.
Technology Behind Beavis
Beavis is built on a unique blockchain technology that enables it to process transactions faster and more efficiently than many other popular cryptocurrencies.
Its technology is designed to be scalable, secure, and decentralized.
One of the main advantages of Beavis is that it can process up to 10,000 transactions per second, which is significantly faster than many other chains. This is possible due to its unique consensus mechanism, which is designed to be both fast and secure.
Beavis also doesn’t have the front running problem that affects many chains. This is because its consensus mechanism is designed to prevent miners from taking advantage of their position to front run transactions.
Beavis has a number of key features that make it a versatile and secure cryptocurrency. These include:
1. Beavis Wallet – Beavis has its own wallet that allows users to make payments, swaps, stake their tokens, provide liquidity, tokenize assets, and lend.
2. EMI Banking License – Beavis is in the process of obtaining its own EMI banking license. This means that it will not depend on any traditional bank to process payments and transactions.
This will make it more accessible to users and businesses around the world.
3. Security – Beavis is designed to be a secure cryptocurrency that is resistant to hacks and other security threats. Its consensus mechanism is designed to prevent 51% attacks and other types of attacks that can compromise the integrity of the blockchain.
4- Cost Effectiveness – Another advantage of Beavis is its cost-effectiveness. Unlike traditional payment options like Visa and MasterCard, Beavis does not require a TPV to process payments. This means that it is significantly cheaper to use than these traditional payment options.
In fact, Beavis is 5 times cheaper than Visa and MasterCard, making it an attractive option for businesses and users who want to save on transaction fees.
Beavis is an innovative and secure cryptocurrency that has the potential to revolutionize the way we make payments and process transactions. Its unique technology and features make it a versatile and cost-effective alternative to traditional payment options.
With its own wallet, EMI banking license, and scalable and secure blockchain technology,
Contact Person: Pablo
City: Barcelona City
Release Id: 2905233781
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No The Insure Life journalist was involved in the writing and production of this article.