Cryptocurrency Q&A What network is Degen crypto on?

What network is Degen crypto on?

CoinMaster CoinMaster Wed Sep 25 2024 | 6 answers 1174
Excuse me, could you please clarify which network the Degen cryptocurrency operates on? I'm trying to get a better understanding of the platform's infrastructure and the technology behind it. Is it built on a popular blockchain like Ethereum or Bitcoin, or does it utilize a unique or lesser-known network? Your insight would be greatly appreciated. What network is Degen crypto on?

6 answers

Martino Martino Fri Sep 27 2024
Complementing the Base protocol for settlements, this layer-3 blockchain employs the AnyTrust protocol for data availability functions. AnyTrust ensures that critical data remains accessible and verifiable, enhancing the overall reliability and trustworthiness of the system.

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Isabella Isabella Fri Sep 27 2024
Together, these protocols create a robust and scalable blockchain architecture. By offloading certain processes to the layer-2 network, this layer-3 blockchain can handle higher transaction volumes while maintaining low latency and high security.

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Giulia Giulia Fri Sep 27 2024
As a pioneering layer-3 blockchain, this technology stands out by settling transactions on a layer-2 network. This innovative approach allows for faster and more efficient transactions, distinguishing it from other blockchain systems.

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CryptoWizardry CryptoWizardry Fri Sep 27 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the needs of crypto enthusiasts and investors. Its services encompass spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

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Chloe_jackson_athlete Chloe_jackson_athlete Fri Sep 27 2024
In addition to spot trading, BTCC also provides futures trading, giving traders access to leverage and advanced trading strategies. Furthermore, BTCC offers a secure wallet service, enabling users to safely store and manage their digital assets.

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