Everscale

What Is Everscale? Features and Tokenomics

## What Is Everscale (EVER)?

[Everscale (EVER)](https://coinmarketcap.com/currencies/everscale/) is a fast and secure [layer-one blockchain](https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain) that aims to become a decentralized platform for high-performance applications with real-world relevance, such as Stablecoins, CBDCs, DEXes, Bridges, Gaming Platforms and more.

## Key Metrics
* Accounts: Over 1 million
* Transactions per second (TPS): 64,000+ 
* Average transaction fee: $0.0024
* Total transactions: Over 233 million
* Mainnet launch: May 2020
* Validators: More than 160

## Key Features

* **Infinite Sharding:** Everscale's dynamic sharding mechanism allows for limitless scalability, adjusting capacity as demand fluctuates to maintain high performance.
* **Smart Contract Accounts:** Every entity in Everscale is a small programmable smart-contract, offering flexibility for developers to create innovative applications.
* **CBDC Focus:** Smart contracts allow the implementation of different policies for regulators, such as calculating and withholding taxes on simple transactions.
* **Fast PBFT POS:** Utilizes a Practical Byzantine Fault Tolerance (PBFT) Proof of Stake (POS) consensus mechanism, ensuring swift and secure transaction validation.
* **Async Solidity (T-Sol):** Everscale introduces an easy-to-learn variant of Solidity for programming smart contracts, making blockchain development more accessible.
* **Sustainability:** Green blockchain - low-emission operations and computations.

## Who Are the Founders of Everscale?

Everscale is the byproduct of a collaboration between several companies and teams. There are over 200 people working full-time on developing the network and its ecosystem. The main core contributors are Broxus and EverX.

## Everscale Ecosystem
**Wallets**
* EVER Wallet: A cornerstone for asset management within the Everscale ecosystem.
* Ever Surf: More than just a wallet, it's a gateway to Everscale's services and apps.
* Everspace: Offers a secure and user-friendly interface for managing digital assets.
* Scale Wallet: A versatile wallet for seamless transaction experiences.
* Spatium: Provides top-tier security for digital asset storage.

**DeFi**
* FlatQube: A leading decentralized exchange on Everscale, offering liquidity, farming and swapping options.
* Octus Bridge: Facilitates efficient cross-chain transfers, connecting Everscale with other blockchains.
* Gravix: A DeFi platform for derivative financial instruments trading.
* StEver: Staking solutions that optimize yields for Everscale users.
* Ever Name: Simplifies wallet addresses into user-friendly names.
* Everdues: A platform for managing and settling decentralized dues and payments.

**NFT**
* GrandBazaar: A premier marketplace for trading and collecting NFTs on Everscale.
* TokStock: Revolutionizes ownership in digital assets and stock images as NFTs.
* Broxie: A vibrant multifunctional NFT collection.
* Inscriptions Place: A unique space for minting and trading inscriptions.
* Third Place: An innovative platform fostering community and bridging digital technologies with the real art.

**GameFi**
* Pokerton: A blend of gaming and finance, offering poker enthusiasts a blockchain-powered gaming platform.
* Sparta Cats: An engaging battle game with a collectible aspect.
* Everplay: A gaming platform that integrates DeFi elements for a comprehensive experience.
* Gempion: Offers gamers a competitive environment with tangible rewards.
* PileBlocks: A blockchain-based puzzle game with rewards in digital assets.
* Fluker: Combines gaming with financial incentives for an immersive experience.

**Communications**
* Qamon: A blockchain-based messaging app prioritizing security and privacy.
* Ylide: A decentralized communication protocol on the Everscale network.
* Ever Surf: Notable for its communication features alongside wallet services.

**Utilities**
* Everscan: The go-to blockchain explorer for Everscale, offering transaction insights and network activity.
* Snipa: An analytical tool for tracking your investment portfolio performance.
* Mooli: Simplifies asset management and DeFi participation.
* Moonstake: A platform for staking and yield farming.
* AML Crypto: Ensures compliance and security for crypto transactions.
* EverInfer: Effortless AI inference at any scale.

**Voting**
* DeVote: A decentralized platform for voting, reflecting the democratic ethos of Everscale.
* EverDAO: Enables community governance, allowing token holders to participate in decision-making.

### Related Pages:

What are smart contracts? Keep yourself updated with our [educational section](https://coinmarketcap.com/alexandria/article/what-is-a-smart-contract).

Refresh your knowledge of complicated crypto terms with our [glossary](https://coinmarketcap.com/alexandria/glossary).


## Where Can You Buy EVER Tokens?
EVER is listed for trading on numerous cryptocurrency exchanges, including [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [KuCoin](https://coinmarketcap.com/exchanges/kucoin/) and more.

Want to keep track of EVER prices live? Download the [CMC mobile app](https://coinmarketcap.com/mobile/).

Trust Wallet

MetaMask

Binance Chain Wallet

Everscale is a layer-1 PoS blockchain network of the 5th generation. It is blazingly fast and is the most scalable blockchain in existence.

Bifrost Network is an EVM-compatible layer 1 blockchain network designed to achieve interoperability and bring Web3 to Web2 users. Equipped with advanced cross-chain functionalities, Bifrost seamlessly connects various blockchain networks, including the Bitcoin Network, and allow DApps to utilize a range of promising cryptocurrencies from any supported blockchain networks. Bifrost Network leverages the interoperability by utilizing native BTC to DeFi services. BTCFi is an asset management service that uses Bifrost Network to provide wide range of use cases for native Bitcoins.

Bifrost

MiL.k

Bora is a decentralized ecosystem for games and entertainment. Bora aims to attract games and applications from the GameFi sector to its Bora Chain to avoid building on blockchains like Ethereum that have high gas fees. For that reason, Bora follows a two-tiered blockchain system: the BORA token is traded on the Klaytn blockchain, a public blockchain that is focused on metaverse and gaming use cases. The Bora chain is a modular blockchain that can be used as an execution layer by decentralized applications.

The Bora team provides development toolkits that support developers with creating decentralized applications for its ecosystem. It also utilizes Bora Points, a currency within the ecosystem as a resource for development and to incentivize contribution to Bora. Bora Points can subsequently be converted to the BORA token.

BORA

MediBloc (MED) is a South Korean-based decentralized blockchain protocol for the healthcare industry through which medical institutions can securely transfer, collect, store and manage data. With MediBloc, physicians can access patient information, medical history, prescribed medication, insurance issues and more. MediBloc makes medical data more accessible by allowing everyone involved to track and record medical conditions, appointments, examinations, treatments and more.

The ecosystem is built on three key elements: MediBloc Core (a layer for storing data and providing additional storage), MediBloc Application (a layer for accessing and managing data through various applications), and MediBloc Service (a layer applying smart contract technology that connects the other layers and allowing input and output of data).

The platform offers three categories of accounts: for general users (patients), healthcare providers (doctors and medical institutions) and data scientists, the latter two require proof of their accreditation. The project is aimed at improving the quality of medical services and infrastructure by optimizing information storage processes and giving users sovereignty over their own data. MediBloc is compliant with the HIPAA Security Rule, the Health Insurance Portability and Accountability Act.

MediBloc

Orbs is a publicblockchain infrastructure that combines scalability, low fees, performance, security, and ease of use.

The platform is designed for mass-use applications and supports a complete blockchain stack. The Orbs platform is a decentralized, open and transparent network that offers practical blockchain solutions for enterprises and other large-scale consumer applications.

The Orbs protocol uses the ORBS token, which calculates commissions for executed applications and provides an incentive system that is used to select validators, thereby ensuring the integrity of the network. The ORBS token serves as the only means of payment on the Orbs platform.

Orbs was established in 2017 and was developed by experienced engineers, businessmen and scientists who have managed to create an infrastructure that uses blockchain virtualization and randomized proof-of-stake (RPoS) to ensure blockchainscalability.

Orbs

aelf

Ardor

ABBC is a blockchain platform that enables secure payment transactions, helping to facilitate retail adoption of cryptocurrencies and make shopping online with digital assets a safer, more enjoyable experience for end-users.

The platform offers three main products: a multi-platform wallet capable of supporting Bitcoin (BTC) and Ethereum (ETH), in addition to a variety of other native cryptocurrencies and ERC-20 tokens; an online shopping application that can be used to shop at over 50 online retailers with cryptocurrencies; and a cryptocurrency exchange platform that offers secure trading and low transaction fees.

The ABBC Coin was created to give holders the ability to govern the development of the ABBC platform by delegating voting power to chosen block producers (BPs) — who are then able to vote on governance proposals. These governance proposals can be on a range of topics but might include launching strategic partnerships, implementing new features or expanding ABBC's services to new regions. Beyond this, ABBC Coins were created as a reward system for online shoppers and can be staked for regular rewards.

ABBC is currently based on the EOSIO blockchain, which enables it to achieve up to 5,000 transactions per second (TPS) while remaining environmentally friendly due to its energy-efficient delegated proof-of-stake (DPoS) consensus mechanism.

ABBC Coin was initially known as Alibabacoin but changed its name in March 2019 following a dispute with Chinese multinational e-commerce giant Alibaba.

ABBC Coin

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Hive is a social network of apps and services, where users discover the capacity of blockchain technology, connect to the platform and securely share content through equitable redistribution of value. Thus, the users are the proprietors of the network, and sponsors can contact communities and artists directly without intermediaries.

Hive is an open source blockchain that focuses on scaling through layer-2 sidechains, while still benefiting from a common layer-1 blockchain backbone to ensure distributed data integrity. The Hive ecosystem runs on two cryptocurrencies — the native governance token, HIVE and the USD-pegged HBD stablecoin.

Hive

PlatON

Onyx Protocol is a decentralized platform that facilitates a peer-to-peer money market lending protocol. The Onyx Protocol supports a variety of digital assets, such as Ether (ETH), ERC-20 tokens, ERC-721 tokens, and ERC-1155 tokens, which can be supplied or borrowed through an aggregated and unified balance, supported by non-custodial custody via decentralized smart contracts. Furthermore, NFTs can be supplied as collateral to enhance the borrowing capacity of the corresponding account.

Onyx Protocol’s underlying mechanism is powered by Onyxcoin (XCN), a decentralized digital asset on the Ethereum blockchain that serves as both the protocol's governance and utility token. Credit lines accessed and borrowed through the Onyx Protocol do not have monthly payments or expiration dates, and they remain perpetual as long as the collateral is deemed sufficient.

Onyxcoin

SKALE, described as a modular blockchain network, is designed to bring scalability to Ethereum. SKALE is the only blockchain network capable of running an unlimited number of fast, on-demand, pooled-security Blockchains with zero gas fees to end users. These individual chains are known as SKALE chains and can be dapp-specific or shared.

The project’s website says it wants to enable people to build and run DApps in a “decentralized modular cloud built for real-world needs and configured for your requirements.” This emphasis on decentralization isn’t at the expense of security.

According to SKALE, those who build on this platform can run Solidity smart contracts “thousands of times faster at a fraction of the mainnet cost” — with games and content streaming services among the projects that already take advantage of its infrastructure.

SKALE

Function X is mirroring traditional financial products on the Function X network and creating decentralized financial products and a decentralized trading system. It is a highly customizable and expandable multi-chain architecture blockchain network (subnets) that can meet different business needs.

Function X

Kyber Network is a multi-chain hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to deep liquidity pools that provide the best rates.

KyberSwap.com, its main DEX aggregator and liquidity platform, provides the best swap rates for traders in DeFi compared to individual exchanges. It also enables liquidity providers to maximize earnings via high capital efficiency. KyberSwap sources liquidity from multiple DEXes such as Uniswap, Sushi, Curve, QuickSwap, Pancakeswap, Traderjoe, Pangolin, SpookySwap, SpiritSwap, VVS Finance, Velodrome, GMX, and many others to achieve the best rates for traders on different chains. KyberSwap supports over 13 chains including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Optimism, Velas, Aurora, Oasis, BitTorrent, Ethereum PoW, and soon Solana.

KyberSwap is decentralized and permissionless, not requiring account sign-up or personal information. All transactions on KyberSwap are on-chain, which means transactions do not need a centralized third-party, like a centralized exchange, and they can be easily verified using the Ethereum or other chains’ block explorer.

Projects can build with KyberSwap to access its different features, such as the instant settlement of token swaps, liquidity aggregation for the best rates, liquidity pools, and a customizable business model. Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.

The Kyber Network Crystal (KNC) token is a utility and governance token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals - and earn staking rewards in KNC that come from trading fees. Investors in KNC include #Hashed, Signum Capital, ParaFi Capital, HyperChain Capital.

Kyber Network Crystal v2

Status is categorized as a mobile and desktop operating system and decentralized browser that incorporates a messaging system. As such, Status allows you to interact with a network at any time, from anywhere. It was originally released in June in 2017.

It is a light client Ethereum node, and has the ability to give you access to all Ethereum decentralized applications (otherwise known as DApps) from an app that is installed on your mobile phone or tablet. This means that users can send encrypted messages as well as access decentralized applications, including a cryptocurrency wallet.

Status

Telos

JUST is a popular new decentralized finance (DeFi) ecosystem built for the TRON blockchain. It is an entire suite of products that are mostly centered around a decentralized stablecoin lending platform known as JustStable.

The platform launched in August 2020 following an initial exchange offering (IEO) on the Poloniex LaunchBase platform earlier that same year, but the native governance token of the platform (JST) has been circulating since May 2020.

It is a two-token ecosystem built around the USDJ and JUST (JST) tokens. USDJ is a multi-collateral stablecoin that has its value pegged to the value of the US dollar (USD), whereas JST has a variety of functions on the platform — paying interest, helping maintain the platform and participating in its governance, helping to set parameters like interest rates (stability fees) and the minimum collateralization ratio.

To obtain USDJ on JUST, traders need to deposit collateral in the form of supported collateral tokens — including TRON (TRX), which are exchanged to PTRX tokens and locked as collateral forming a collateralized debt position (CDP). Depending on the amount of collateral deposited, users can then mint and withdraw USDJ, which must later be repaid to retrieve the initial collateral.

The platform is designed to provide a fair and borderless hub of DeFi products, that any TRON user can access.

JUST

MobileCoin (MOB) is a decentralized payment platform established in 2017 by MobileCoin Inc. However, the network went live only in December 2020. A privacy-focused cryptocurrency, MOB, was created to be used as digital cash on mobile. Secure and easy payments, along with fast and encrypted transactions, are claimed to protect personal data. The developers aspire to revolutionize the P2P payment system where transactions are stored on a blockchain ledger.

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MobileCoin is open-source. Users have the option to verify the programming techniques.

In addition, MobileCoin is not only user-friendly but also planet-friendly, claiming to be one of the first negative carbon cryptocurrencies in its niche.

MobileCoin

The Threshold network provides and maintains a suite of cryptographic primitives for several dApps. The network is the product of the protocol merger between the Keep Network and NuCypher, which was finalized on January 1, 2022 with the launch of the T token.