NEW YORK, NY–(Newsfile Corp. – October 28, 2022)- HyperonChain (HPN), one of the fastest and most stable blockchains in the digital currency space with Defi and Metaverse ecosystems, goes live achieved another milestone. on the testnet. You can access HyperonChain TestNet. https://testnet.hyperonchain.com, currently running with a single validator. HyperonChain TestNet shows tremendous promise in terms of speed and functionality by successfully executing millions of transactions with an average estimated transaction confirmation time of less than 1 second.
hyperon chain logo
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This development comes just one month after HyperonChain (HPN) was launched on BSC Network in September 2022. Part of Tier 1 exchange.
In a press statement released to journalists, HyperonChain (HPN) said the team has an open KYC and smart contracts have been successfully audited by CertiK and InterFi. HyperonChain is also listed on CoinMarketCap and CoinGecko price feed websites. HyperonChain traded at $0.0089 according to CoinMarketCap, with a total fixed supply of 100 million HPN.
A press statement describes HyperonChain as one of the world’s fastest EVM-based blockchain projects with its own DeFi, NFT and Metaverse ecosystem.
According to the statement, HyperonChain will use the Delegated Proof of Stake (DPoS) consensus algorithm to achieve a faster, stable and secure blockchain. HyperonChain supports smart contract functionality using Solidity.
HyperonChain DPoS Enhanced DPoS algorithm supports over 700000 TPS verifications in a single node. The mainnet will initially launch with 21 validators, but may increase further over time as needed.
The HyperonChain DPoS Algorithm is designed so that users can vote for validator selection even if they hold the smallest denomination of HPN coin. This algorithm supports stake and non-stake voters in governance. This allows users to participate in any governance activity, including validator selection and governance proposals, without locking their coins.
It will also be one of the first blockchains of its kind to support zero gas-based transactions within a mainnet native web wallet. The web wallet itself supports features such as multiple blockchains, smart contract interactions, and built-in multi-chain swaps. Its native coin (HPN) will be used to run all transaction fees on mainnet and develop his Dapps on top of it.
The HyperonChain project has its own DeFi and Metaverse ecosystem consisting of the following projects:
HyperonChain Yield Farming
NFT workspace and platform
hyperion world metaverse
DeFi payment system
Free developer tools (Oraclize, file storage)
All the above projects are multi-blockchain DeFi applications.
To view the source version of this press release, please visit: https://www.newsfilecorp.com/release/142245