What is Everscale?
Everscale (Ever) is a fast and safe first -level blockchain, which claims to be able to deal with millions of transactions per second. Everscale is based on the architecture of Telegram Open Network (TON). With the increasingly popular cryptocurrency at the end of 2017, some traditional technology companies began to explore this field. The popular instant messaging service Telegram is one of them. It began to develop Telegram Open Network in 2018. However, the plan to be launched in the fall of 2019 was stopped by the regulatory agency, and the US Securities and Exchange Commission filed a lawsuit. In the spring of 2020, Pavel announced the closure of the project. However, in May 2020, several companies and teams used TON's ready -made protocol to start the main Free TON network. The founders include Simplex, Everstake, Forklog founders Anatoly Kaplan, KUNA exchanges, etc. In November, the community decided to rename the project Everscale. Everscale claims to be the most scalable blockchain network. This scalable smart contract platform provides unique features, such as shards, dynamic multi -threaded and low fuel costs. Everscale is a blockchain network, which aims to provide motivation for various applications that need fast, secure and scalable transactions. The network uses a consensus mechanism for equity (POS) to reward participants to protect the network and reduce energy consumption. Everscale claims to be a fifth -generation blockchain network, which combines the latest innovation and concepts in the field. It can support various types of blockchain and applications, such as games, finance, micro -payment and online advertising. The project's vision is to become a decentralized high -performance application platform, with the real world correlation, and cultivate an ecosystem of decentralized applications (DAPPS), such as exchanges, wallets, bridges and game platforms.