INTERNET CITY, DUBAI, Mar. 3, 2022 – LBank Exchange, a global digital asset trading platform, will list TechPay Coin (TPC) on March 11, 2022. For all users of LBank Exchange, the TPC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 11, 2022.
Public blockchains such as Bitcoin and Ethereum suffer from issues such as high transaction fees and the lack of scalability. To solve persistent problems in existing public distributed ledger technologies, a new model, TechPay, was developed based on Direct Acyclic Graphs (DAG), so that instant transactions are possible with near-zero transaction costs for everyone involved in each exchange or trade. Its native token TechPay Coin (TPC) will be listed on LBank Exchange at 18:00 (UTC+8) on March 11, 2022, to further expand its global reach and help it achieve its vision.
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TechPay is a project that aims to create infinite scalability and process hundreds of thousands of transactions per second with large numbers participating in its network – all without compromising any aspect or feature currently available within blockchains today. To make it possible, the world’s first blockchain solution on a new implementation of Direct Acyclic Graphs (DAG), TechPay Chain, was created. It’s a highly scalable custom layer 1 PoS (Proof-of-Stake) blockchain which is more environmentally friendly, and supports the ability to build smart contracts and dApps upon it.
TechPay has adopted Sirius protocol for its blockchain, which is EVM compatible and with its latest technology transactions are done at a lightning-fast speed. Up to 300,000 TPS can be processed on TechPay Chain, which is 20,000 times faster than Ethereum, 43,000 times faster than Bitcoin, and even 4.5 times faster than Solana and it only requires a fraction of transaction fees to operate. TechPay also has an absolute finality that allows it to validate transactions with greater certainty just 1.15 Second Time-to-Finality. While some networks allow for transactions to be reversed due to probabilistic finality, such occurrences are not possible in the TechPay network because of its leaderless architecture, which makes security even greater.
The use-cases of TechPay’s powerful technology are endless. For example, the need for a performant blockchain that could handle the challenging demands of the NFT space would be met by TechPay’s revolutionary technology in due time. NFTs deployed upon TechPay’s network will offer stability, scalability, and efficiency at a fraction of transaction fees. TechPay also features dApps and smart contracts that won’t be congested and could scale, fabricating decentralized networks for the third generation of web, so-called Web 3.0.
About TPC Coin
TechPay Chain defeats the trilemma of blockchain, which is that a blockchain cannot avail decentralization, speed, and security, by incorporating all these attributes to the greatest extent.
TechPay Coin is the Native Token of TechPay Chain. It Runs on a Fusion of pBFT (Practical Byzantine Fault Tolerance) & DAG (Directed Acyclic Graph) Consensus Mechanisms which accounts for the below-mentioned benefits:
- The risk of the Centralization of Blockchain is eliminated as the frequency of transactions is increased between each shard.
- Energy Utilization is heavily reduced as hashing energy is not required to enter the next block.
- More extensive scalability and lower transaction fees.
- Block Interval of mere 1-Second.
The TPC token will be listed on LBank Exchange at 18:00 (UTC+8) on March 11, 2022, investors who are interested in TechPay investment can easily buy and sell TPC on LBank Exchange by then. The listing of TPC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about TPC Token:
Official Website: https://www.techpay.io/BlockChain/Techpay
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
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