Paribu Net is an innovative blockchain platform that emphasizes speed, security, and scalability. The system's unique structure supports a high transaction rate and leverages a unique consensus mechanism, combining Delegate Proof of Stake (dPoS) and Proof of Authority (PoA) algorithms. Embracing modern trends in the crypto space, Paribu Net has centered its focus on GameFi, NFTs, DeFi and d'Apps. With strong support from a leading exchange, Paribu, the project showcases tremendous potential.
Transaction Speed and Scalability
Paribu Net boasts impressive transaction speed and scalability. On average, a new block is generated every five seconds, with a maximum block size of 90 million GAS. The current system architecture enables a maximum of 857 transactions per second, making Paribu Net an efficient choice for high-volume applications.
Bouleuterion Consensus Mechanism
The project has developed its unique consensus mechanism, known as Bouleuterion Consensus. This mechanism combines the Delegate Proof of Stake (dPoS) and Proof of Authority (PoA) algorithms, enabling a robust and secure network operation.
The Role of PRB Token
The native token of Paribu Net, PRB, plays a crucial role within the network. It's used for transaction fees and will also be incorporated in staking, governance, and validator application processes. PRB holders can look forward to staking on Paribu Net starting in 2022.
Focus Areas
Paribu Net is strategically focusing on trending areas within the crypto landscape: GameFi, NFTs, DeFi, and d'Apps. Such a focus positions the platform to become a significant player in these rapidly growing sectors.
Support from Paribu
Paribu Net benefits from the backing of Paribu, a leading exchange in Turkey with 5.5 million users. This support not only provides Paribu Net with a strong user base but also solidifies its standing in the crypto ecosystem.
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