The blockchain industry has revolutionized how we transact and give value. Although the sector has taken center stage over the last few years, it is still plagued by high gas fees, difficulty in handling high-frequency transactions, and enabling smooth cross-chain operations. This is where PAW Chain comes in. The project has brought forth the world’s first layer-3-centric blockchain which aims to tackle the central problems within the blockchain industry.
How does layer-3 enhance the blockchain experience?
Layer-3 is designed to increase scalability, security, and interoperability. The network will offload high-frequency transactions so that it can handle larger volumes without sacrificing performance. The network can process 50,000 transactions per second with infinite scalability.
PAW Chain is at the forefront of layer-3 deployment. The project has designed a revolutionary, first-of-its-kind layer-3-centric blockchain that aims to address key challenges within the industry. The network offers increased scalability, security, and cross-chain interoperability. It features a unique architecture that increases block sizes as on-chain users and block validator nodes rise.
The project also boasts increased security measures, which include CertiK audits and constant monitoring.
PAW Chain’s multi-chain deployment
Cross-chain interoperability is still in its nascent stages. PAW Chain, however, has taken the initiative to the next level. The project’s L3 technology has the capability to link with multiple blockchains. Projects can deploy a single liquidity pool on PAW Swap to become multi-chain assets, reducing costs and operational complexities.
PAW Chain also supports instant bridging across other networks such as Base, Polygon, BnB, Ethereum, and Arbitrum. The project recently processed and confirmed a transaction within an eye-watering 4 milliseconds (0.004 seconds), making it the fastest blockchain by speed. The team behind PAW also plans to include non-EVM networks like Solana and Tron in the near future.
PAW Chain’s PAW Coin and PAW wallet
The PAW Coin is the network native token that is used within the blockchain. The project has a tactical buy-back and burn mechanism that aims to reduce the asset’s supply, thereby increasing price.
The PAW wallet is another attractive feature on the blockchain. The wallet integrates seamlessly with all of the project’s services and DApps. Wallet-to-wallet transactions on PAW Chain are also completely gasless, reducing costs for users while increasing efficiency. The UI is also designed to give users all the information they may need, such as transaction history, real-time updates, etc.
The PAW team has made transactions incredibly easy with the PAW wallet. Users can choose a unique “.paw” username and have access to enhanced privacy measures. The wallet comes with increased cryptographic security measures. The team also plans to implement biometric authentication for wallet access and use in the near future. Users will have the option of using fingerprint or facial recognition for an additional layer of protection.
With its layer-3 network deployment, PAW Chain has redefined the way we interact with blockchain technology. The increased security features, gasless transactions, feature-filled wallet application, infinite scalability, and interoperability make this project truly revolutionary.
To know more about PAW Chain, visit their website, X page, or join their Telegram and Discord.