Ado.Network launching new Blockchain. AdoChain — Layer 1 EVM Blockchain
AdoChain is a Layer 1 EVM Blockchain that has special attributes designed for high transaction speed, security and reliability. $ADO is the native currency on AdoChain and the governance token in all our utilities. AdoChain is set to launch before the end of November on our V1.0 TestNet release.
AdoChain is using EVM software platform. The EVM grants developers the ability to create smart contracts and dApps on AdoChain. AdoChain is built using Solidity as programming language. The cross-chain compatibility make it easy to migrate dApps and Smart Contracts.
AdoChain is using Proof-of-Stake as consensus mechanism to process transactions and validate new blocks. This will ensure that AdoChain maintain a high transaction speed and is also more environmental friendly. The rapid process of confirming transactions makes AdoChain scalable.
AdoChain will support high transaction speed and low gas fees by design. It boost Cross-Chain Compatibility with Ethereum and Binance Smart Chain. As AdoChain is EVM-Compatible it will be easy for Solidity developers to migrate dApps and Smart Contracts to the chain.
TestNet V1.0 Release will include a Decentralized Exchange, a Block Explorer and a TestNet for the ADO Token that mirrors the live version on Binance Smart Chain. It’s a great tool that allows us to test future developments of Ado.Network before moving to our MainNet.
A lot more information on AdoChain will roll out the nearest time. Stay tuned for further announcements.