Details about Abey cryptocurrency
€373,058
1
Unknown
https://www.abeychain.com/
@ABEYFoundation
Abey price charts
ABEY exchanges
Abey, the crypto
Abey (ABEY) is a blockchain platform that aims to offer faster transaction speeds and lower fees than leading cryptocurrencies like Ethereum and Bitcoin. It was designed to be suitable for enterprise applications, decentralized apps (dApps), and smart contracts.
The point
The main point of Abey (ABEY) is to offer scalability, interoperability, and compatibility with existing technologies to enable the mass adoption of blockchain technology. Abey's developers state that the platform can handle up to 10,000 transactions per second and consists of a hybrid consensus mechanism that combines Proof of Work and Proof of State.
The problem
Abey (ABEY) aims to solve the problem of scalability by providing a fast, low-fees blockchain platform that can scale to meet high transaction demand. It aims to be compatible with existing technology stacks to enable businesses to use it without having to completely overhaul their infrastructure.
Compare ABEY and BTC performance
| Timeframe | ABEY | BTC |
|---|---|---|
| 1h change | -0.552029 % | -0.176929 % |
| 24h change | 0.58 % | 5.70892 % |
| 7 day change | 1.16 % | -8.73028 % |
| 14 day change | -7.46 % | -2.26839 % |
| 30 day change | 5.52 % | 6.63374 % |
| 200 day change | -52.63 % | 128.069 % |
| Year change | -18.13 % | 120.285 % |