Tampa, FL, Oct. 15, 2021 (GLOBE NEWSWIRE) — Cryptocurrencies have an isolated existence. Designed to be decentralized and work independently, they either have their own separate blockchain ecosystem or run off of other larger ones such as Ethereum and Binance Smart Chain.
This essentially means that one token cannot interact with another if they run on different ecosystems. As more and more tokens are launched coupled with increased interest due to DeFi, the struggle is getting more serious.
And that’s where Exzo Network project is committed to promoting the adoption of cryptocurrencies by providing products and services that are useful and easy to use. Stefan G. Creadore the founder and developer of the Exzo Network is happy to announce the development of its ExzoSwap Crypto Wallet + DEX and Exzo Network Blockchain.
Exzo Network project includes two main components
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A web-based application that will provide a platform for decentralized cross-chain conversion of digital assets.
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A blockchain network based on Proof-of-Stake (PoS) consensus mechanism that will provide an ecosystem for creating customized blockchains, deploying smart contracts, with low fees and high throughput.
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Exzo Network project will be aimed to include full support of Ethereum based dApps.
Exzo Network will be the platform that provides a wide range of blockchain and DeFi opportunities for users from swapping tokens between different blockchains and earning profits from staking to creating fully-functional dApps written in Solidity and fully compatible with Ethereum Virtual Machine (EVM).
Initially Exzo Network ecosystem will be a fork of Fantom Network (https://fantom.foundation/).
Next Generation Of Blockchain Technology
Exzo Network is developing the next generation of blockchain technology implementing a Proof-of-Stake (PoS) consensus mechanism that will enable interaction with the Ethereum Virtual Machine (EVM) for a high throughput, scalable, low-cost alternative to the Ethereum Mainnet.
