CoinMarketCap and Binance have just announced an acquisition. 🤝 Read the open letter from our founder and our CEO here.
ebakus aims to improve the user experience for dApps and make them more accessible. From a technology perspective, it has DPOS consensus that reportedly allows it to scale with low latency, a new way of handling transaction fees, and an in-contract decentralized Database (ebakusDB). It is backwards compatible with ethereum’s go-ethereum API(geth) and the EVM.
In ebakus, user transaction fees are free. Fees are paid with CPU time spent through proof of work, The team has also built a js library wallet that can be embedded in a dApp. These factors reportedly enhance the user experience for dApps.