Victoria, Seychelles, April 19th, 2024, Chainwire
Bitget, the foremost cryptocurrency exchange and web3 enterprise globally, has revealed the inclusion of Alephium (ALPH), an innovative sharded L1 blockchain set to transform the realm of decentralized finance (DeFi). Alephium, with its inventive framework and dedication to scalability, security, and eco-friendliness, marks a significant leap forward in blockchain technology.
Introducing a pioneering strategy to blockchain scalability, Alephium (ALPH) builds upon Bitcoin’s Proof of Work (PoW) and Unspent Transaction Output (UTXO) model. Through its exclusive sharding algorithm, BlockFlow, Alephium achieves remarkable performance levels while upholding security standards. This sharded configuration empowers Alephium to handle over 10,000 transactions per second, establishing new benchmarks for blockchain throughput.
The architecture of Alephium is meticulously crafted to deliver a seamless user journey while upholding network security and integrity. By leveraging a stateful UTXO model and Directed Acyclic Graph (DAG) data structure, Alephium enables efficient and practical sharding, ushering in a new era of high-performance decentralized applications (dApps) and financial solutions.
Bitget is enhancing its focus on strengthening its position in the spot market. The proactive approach involves identifying and nurturing early-stage projects with significant potential, enabling promising cryptocurrencies to thrive upon their listing on Bitget. This strategy has solidified Bitget’s reputation as a frontrunner in offering a diverse range of asset choices, with an impressive 186 new listings introduced in the current quarter alone.
For further details, please visit: Bitget Website
About Bitget
Established in 2018, Bitget stands as the leading cryptocurrency exchange and Web3 entity globally. Catering to a user base exceeding 20 million across 100+ countries and regions, the Bitget exchange is dedicated to empowering users with intelligent trading options, including its innovative copy trading feature and other trading solutions. Formerly recognized as BitKeep, Bitget Wallet serves as a top-tier multi-chain crypto wallet offering a comprehensive suite of Web3 solutions and functionalities such as wallet services, swaps, NFT Marketplace, DApp browser, and more. Bitget encourages wider adoption of cryptocurrencies through strategic partnerships with reputable entities like the iconic Argentinian footballer Lionel Messi and official eSports events organizer PGL.
For more information, visit: Bitget Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
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