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Why ETN-SC?

At ElectroSwap, we pride ourselves on offering an unparalleled decentralized exchange experience. Our decision to build on the Electroneum Smart Chain (ETN-SC) was driven by a thorough evaluation of its robust features and innovative solutions. Here are the key benefits that the Electroneum Smart Chain brings to ElectroSwap:

Secure and Efficient Consensus​

  • Innovative IBFT Consensus Mechanism: Leveraging a state-of-the-art Istanbul Byzantine Fault Tolerance (IBFT) mechanism, the Electroneum Smart Chain ensures high security and consensus efficiency. This groundbreaking approach is immune to the 51% attack, protecting the network from one of blockchain's most significant threats.

  • Known Validators with Strict Selection: Electroneum prioritizes security through its meticulous validator selection process. By having known and reputable validators, the network maintains integrity and trustworthiness.

High-Performance Blockchain​

  • 5-Second Transaction Speeds: Experience lightning-fast transactions with Electroneum's 5-second block time. This ensures that your trades on ElectroSwap are executed swiftly, enhancing user satisfaction and platform efficiency.

  • Instant Blockchain Finality: With Electroneum's unique, proprietary finality system, transactions achieve instant finality. This means that once a transaction is recorded, it's final—eliminating the need for confirmation blocks and significantly speeding up smart contract executions and interactions.

Cost-Effective and Sustainable​

  • Ultra Low-Cost Smart Contract Fees: Operating on the Electroneum Smart Chain means enjoying some of the lowest smart contract fees in the industry. This cost efficiency is passed directly to our users, making decentralized trading more accessible than ever.

  • Minimal Energy Consumption: Electroneum is committed to sustainability. The network's minimal energy consumption not only aligns with our environmental values but also ensures that our platform remains cost-effective for our users.

EVM Compatibility​

  • Seamless Integration with Ethereum Ecosystem: Being compatible with the Ethereum Virtual Machine (EVM) allows for easy portability of Ethereum-based applications and assets. This compatibility opens up a vast ecosystem of opportunities for developers and users alike.

Choosing the Electroneum Smart Chain for ElectroSwap was a strategic decision aimed at leveraging these unparalleled benefits to provide our users with a secure, efficient, and user-friendly decentralized trading experience. Join us on this journey to redefine decentralized exchanges.