What is Everscale Network? Everscale Network is a Layer 1 Blockchain based on the original codebase of the Telegram Open Network (TON) blockchain designed by Nikolai Durov. The blockchain is managed by Ever OS and is capable of processing millions of transactions per second.
So what is Everscale Network? What makes it stand out? Let’s find out in this article!
What is Everscale Network?
Everscale Network is a Layer 1 Blockchain based on the original codebase of the Telegram Open Network (TON) blockchain designed by Nikolai Durov. The blockchain is managed by Ever OS and is capable of processing millions of transactions per second.
Everscale uses technologies to achieve high speed and scalability such as Sharding, majority consensus and distributed programming.
Everscale has powerful developer tools, such as compilers for Solidity and C++, APIs, SDKs including client libraries for 13 programming languages and all popular platforms, local nodes suite for DApp testing, CLI tools, a variety of browsers and decentralized wallets supporting multiple applications in the DeFi, NFT, Tokenization and governance domains.
Development Roadmap
Quarter 1 2023:
- Switch to new SMFT consensus mechanism.
- Launch of the REMP messaging protocol.
- Launch of FLEX Dex.
Second quarter of 2023
- EverX Drivechains development is a decentralized storage device of the Everscale network.
- SolElector Development is a platform that supports cross-chain messaging for creating Crosschain dApps.
- Develop EverConnect to connect with Connect Wallets.
Third quarter of 2023
- Implement Slashing mechanism to avoid malicious behavior from validators and verifiers after implementing SMFT consensus mechanism.
- Implementing a dynamic fee mechanism will depend on the development and speed of the network.
- Develop Workchain compatible with EVM.
Core Team
Eugene Morozov: Founder
- In 1990, Eugene Morozov graduated with a Bachelor’s degree in political economy from Lomonosov Moscow State University (MSU). In 1992, Morozov graduated with a master’s degree in Accounting from the University of Illinois Urbana-Champaign.
- In 1995, Eugene Morozov worked as a Senior Associate at JP Morgan Asset Management. Is cSenior financial consultant, financial support for Proprietary Trading Group. Analyze daily profit and loss and earnings at risk for a wide range of underlying and derivative products.
- In 2006, Eugene Morozov worked as VP at Deutsche Bank, as Assistant Vice President, with overall responsibility for Control of Foreign Exchange business and Regional risk control.
- In 2007, Morozov moved to Managing Director at Standard Capital. The main job is to optimize business development strategies based on company goals, product specifications, and market data.
- After more than 8 years working at Standard Capital, he moved to become Director of Finance at VisaHQ. Directly create management reports, develop business cases and financial reports in a multinational environment including US, UAE, Canada, UK, Ukraine, Germany.
- In 2020, Eugene Morozov worked as Vice President Of Business Development at TON Labs. Enterprise-grade solutions at off-chain speeds. TON Labs offers TON OS, an end-to-end open source infrastructure designed to enable developers and users to work with the TON blockchain.
- Currently, Eugene Morozov is Founder of Everscale Network and Chief Executive Officer at DeVOTE DAO.
Anton Afanasjev: DeFi Alliance Grants Supervisor
- Afanasjev studied at National Research Nuclear University MEPhI with two majors: Informatics and Economic Security.
- Currently, Afanasjev is Co-Founder at Neurocore R&D Lab, Business Development Manager at Broxus and DeFi Alliance Grants Supervisor at Everscale Network.
Investors
January 31, 2023: Stategic round raises $5M led by Venom Ventures.
Tokenomics
Overview information about Everscale Token
- Token Name: Everscale
- Ticker: EVER
- Blockchain: Updating…
- Standard: ERC-20
- Contract: 0x29d578cec46b50fa5c88a99c6a4b70184c062953
- Total supply: 1,738,572,647
- Maximum Supply: 2,078,412,561
Token Allocation and Token Release
Updating…
Token Use Case
Ever tokens are used to pay network fees and participate in network administration.
Exchanges
EVER tokens are traded on exchanges such as Gate, Bybit, Kucoin,…
Information Channel of Everscale Network
- Website: https://everscale.network/
- Twitter: https://twitter.com/Everscale_net
- Discord: https://discord.com/invite/GSPAGVTuqQ
- Medium:
Summary
Everscale network is a Layer 1 that has been around for a long time, but it will be until 2023 that the project will raise capital and build infrastructure. With Sharding technology, the project has the potential to deliver millions of transactions per second. But we need time to verify what they say.
So I have clarified what Everscale Network is? Overview of Everscale Network cryptocurrency. Hope this article brings you a lot of useful knowledge!