Huobi funds a new EVM-compatible blockchain looking to bring fresh ideas and solve old problems.
Cube Angles for Success
Layer 1 blockchain Cube launched its mainnet on June 6, offering a novel alternative for projects dabbling in Web3.
In a space where different chains are becoming more interdependent, Cube Chain proposes a high-performance modular blockchain that supports multi-chain dApps.
Cube is compatible with Ethereum Virtual Machine (EVM), supporting a seamless migration of applications within the ecosystem.
Cube currently processes around 3,000 TPS and is expected to exceed 5,000 by September 2022.
Top exchange Huobi Global invested heavily in the chain development under a $1 billion DeFi and Web3 investment strategy.
The community is eager to see how the chain starts expanding. Cubechain News will be following along, bridging users and all new projects emerging.
Cubechain News reached out to the Cube team to learn more about the chain’s goals and ambitions in the space but got no response.
What is Cube Chain:
Cube claims to be the world’s first Web3 blockchain and the best performing EVM-compatible blockchain. The chain uses a randomized delegated proof of stake (DPOS) consensus mechanism, “Chaos Consensus, ” to increase the system’s decentralization. In addition, Cube adopts a modular architecture specially designed for scalability and expansion.
Where to find Cube Chain:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.