An ecosystem’s growth demands effective partnerships and cooperation. Collaborations with remarkable projects, according to 123swap, not only help the ecosystem flourish but also increase cryptocurrency acceptability. The goal of 123exchange is to reintroduce the fundamental idea of cross-chain, to stay up with the latest advances, and to work with the best and most reliable cross-chain approaches.
123swap uses smart contracts to automate and accelerate the swapping process. However, it strives to continually enhance its internal operations and provide better and more efficient services to its devoted customer base. What better way to accomplish this than to form a meaningful partnership with evolving blockchain projects?
Right now Ethereum, Binance smart chain, and Polygon are live on the 123swap platform and more are to come soon .lets discuss some of the major projects with which 123swap is going to join hands in the future.
Avalanche:
Avalanche is a layer one blockchain that serves as a foundation for decentralized apps and bespoke blockchain networks. It is one of Ethereum’s competitors, with the goal of dethroning Ethereum as the most popular blockchain for smart contracts. It intends to do this by having a larger transaction output of up to 6,500 transactions per second while maintaining scalability.
This is made feasible by the unique architecture of Avalanche. The Avalanche network is made up of three blockchains: the X-Chain, the C-Chain, and the P-Chain. Each chain serves a specific function, which differs significantly from the technique used by Bitcoin and Ethereum, which requires all nodes to validate all transactions.
Theta:
Theta Network is the premier blockchain-powered video distribution network. Theta allows users to watch video material at the same time while earning token incentives for relaying video to other users who are also watching the same content. Users are opt-in to offer their free bandwidth and computer resources to relay video to other users in the same way that other sharing economy models do, and they get token incentives for their contributions. Contributions to Theta Network can be made from any PC, mobile device, or smart TV.
Integrating Theta into a video platform’s video delivery stack allows it to lower video delivery costs, increase viewer engagement, and produce incremental revenue.
Harmony:
Harmony is a blockchain platform meant to make the development and deployment of decentralized apps easier (DApps). By concentrating on random state sharding, which enables the creation of blocks in seconds, the network intends to reinvent the way decentralized apps function.
Harmony is anticipated to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021
Houbi ECO:
Huobi Eco is the Huobi Group’s ecosystem, built around the exchange business, with HT as its token, and investing and working in the upstream and downstream blockchain industries. Huobi Eco’s primary goal is to encourage max collaboration and growth in the global blockchain sector.
KCC:
KCC is a high-performance decentralized public chain. Its goal is to address issues such as low performance and excessive costs in public chains in order to give community members a quicker, more convenient, and low-cost experience.KCC is fully interoperable with Ethereum and ERC-20 smart contracts and has exceptionally minimal migration costs. Ku coin token (KCS) is KCC’s native token and may be used to pay gas fees.
Ontology:
Ontology is a high-performance, open-source blockchain that focuses on digital identity and data. Ontology’s unique infrastructure enables powerful cross-chain interaction and Layer 2 scalability, giving companies the freedom to develop a blockchain that meets their specific requirements. Ontology’s features include ONT ID, a mobile digital ID application and DID use throughout the ecosystem, and DDXF, a decentralized data exchange and collaboration framework with a suite of decentralized identification and data sharing protocols to improve speed, security, and trust.
More info at https://123swap.finance/
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