Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Bitrock Unveils Ethereum IBFT 2.0 Side Chain, Redefining Blockchain Transactions with Lightning Speed and Near-Zero Gas Fees

Bitrock Unveils Ethereum IBFT 2.0 Side Chain, Redefining Blockchain Transactions with Lightning Speed and Near-Zero Gas Fees

Kelly Cromley by Kelly Cromley
Jul 21, 2023
in Market News, News
Reading Time: 3 mins read
0

The launch of Bitrock, the Ethereum IBFT 2.0 Proof of Authority (PoA) side chain, has had a notable impact on the blockchain industry. This cutting-edge platform presents a revolutionary solution with minimal native gas fees and rapid block times, providing users with a cost-efficient, scalable, and high-speed infrastructure. One of the notable aspects of Bitrock is its groundbreaking multichain DEX swap functionality, which facilitates effortless trading of cryptocurrencies directly on their respective native chains. This eliminates the necessity of gas fees or the requirement to hold native chain tokens.

Bitrock distinguishes itself as a comprehensive and innovative Ethereum side chain solution, setting it apart from other side chains that may have limitations in terms of speed, scalability, and cost. The multichain DEX swap distinguishes itself through its distinctive approach, enabling users to directly trade cryptocurrencies on their respective native chains, eliminating the need for intermediaries. Additionally, the attractiveness of Bitrock as an investment opportunity stems from its inclusive nature, as it does not involve private sales, significant presales, or venture capital support. This characteristic makes it appealing to a wider range of retail investors.

Following extensive testing on the Testnet, Bitrock promptly introduced its operational Testnet, and a mere three days later, unveiled the Mainnet featuring an impressive block time of 2 seconds and minimal gas fees. This accomplishment revolutionizes the speed and cost of transactions, offering a smooth and user-friendly experience for native chains. Bitrock is collaborating with Sphynx labs to introduce a chain bridge that will facilitate the seamless conversion of ERC-20 BROCK tokens to native BROCK. Additionally, Bitrock is actively working on improving the multichain DEX swap feature to minimize gas fees and enhance user convenience.

The game-changing layer 2 solution offers revolutionary multichain DEX swap and attractive staking opportunities for users

Bitrock is a robust framework that has been specifically designed to prioritize speed, security, scalability, and EVM-compatibility. Its primary purpose is to provide a reliable and sturdy infrastructure for the deployment of smart contracts. Bitrock is a highly favored option among developers who are in search of a cost-effective and user-friendly environment for constructing decentralized applications, owing to its exceptional 2-second block time and remarkably low gas fees of approximately 0.000001 GWEI.

Bitrock has developed a meticulously designed tokenomics system with the objective of establishing a prosperous and enduring ecosystem. The platform has a total token supply of 100,000,000 and incorporates a 4% tax distribution on both buying and selling transactions. Of the total, 3% is allocated towards supporting ongoing development and fostering innovations, while an additional 1% is dedicated to maintaining liquidity in order to ensure a stable market environment. These initiatives support the principles of sustainability, facilitate expansion, and contribute to Bitrock’s enduring achievements in the blockchain industry.

Bitrock not only provides a wide range of robust features but also presents appealing staking opportunities for token holders. These opportunities offer an impressive Annual Percentage Yield (APY) of 90% with a lock-up period of just 7 days. By staking Bitrock on the Ethereum network, users have the opportunity to receive rewards that are adaptable to their needs, all while maintaining a high level of security and ensuring the stability of their investment in the long run.

The ecosystem of Bitrock is augmented with a range of tools and services that aim to improve user experience and provide support to developers. Our platform offers a range of powerful features to enhance your blockchain experience. These features include a comprehensive Network Explorer, which allows you to easily track and monitor blockchain activities. Additionally, we provide a user-friendly Swap/DEX for seamless token trading. Our Token Builder dApp simplifies the process of creating and launching BROCK-20 tokens. Lastly, our vibrant NFT Marketplace brings together buyers and sellers, offering enticing staking options. Bitrock’s offerings position it as a dynamic and forward-thinking platform within the blockchain industry.

Previous Post

WisdomTree Unveils WisdomTree Prime, a User-Friendly Blockchain-Enabled Financial App for Digital Asset Investment

Next Post

Sabic and Circularise Partner on Blockchain Pilot to Trace Material Carbon Footprint

Related Posts

aetheriumx

AetheriumX Debuts Unified DeFi and GameFi Infrastructure

by Kelly Cromley
Dec 15, 2025
0

AetheriumX, a newly introduced Web3 infrastructure provider, has formally announced the launch of its platform, marking its entry into the...

dagama

daGama and Spur Protocol Unite to Expand Practical Web3 Adoption

by Kelly Cromley
Dec 15, 2025
0

daGama has announced a strategic alliance with Spur Protocol, scheduled for December 13, 2025, bringing together two distinct yet complementary...

IBM

IBM’s $11B Confluent Deal Redefines Real-Time AI and Blockchain

by Kelly Cromley
Dec 15, 2025
0

IBM has agreed to acquire Confluent in an $11 billion deal, marking a strategic move to build a unified technology...

squadX

SquadX and Orexn Join Forces to Boost Web3 Community Growth

by Kelly Cromley
Dec 15, 2025
0

SquadX, a well-known entity specializing in Web3 community growth, has entered into a strategic partnership with Orexn, a next-generation Web3...

Venezuela

Venezuelans Turn to Stablecoins as Economic Lifeline

by Kelly Cromley
Dec 14, 2025
0

As Venezuela continues to face prolonged economic instability and persistent volatility, citizens are increasingly seeking alternatives to traditional financial systems....

everclear partners with router protocol

Everclear and Router Protocol Tackle Cross-Chain Liquidity Gaps

by Kelly Cromley
Dec 14, 2025
0

Everclear, a decentralized protocol focused on cross-chain clearing and settlement, has entered into a strategic partnership with Router Protocol, a...

Next Post
Sabic and Circularise Partner on Blockchain Pilot to Trace Material Carbon Footprint

Sabic and Circularise Partner on Blockchain Pilot to Trace Material Carbon Footprint

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • SmarTrust Brings Blockchain-Powered Escrow to Freelancers

    by Kelly Cromley
    May 1, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

aetheriumx
Market News

AetheriumX Debuts Unified DeFi and GameFi Infrastructure

by Kelly Cromley
Dec 15, 2025
dagama
Market News

daGama and Spur Protocol Unite to Expand Practical Web3 Adoption

by Kelly Cromley
Dec 15, 2025
IBM
Market News

IBM’s $11B Confluent Deal Redefines Real-Time AI and Blockchain

by Kelly Cromley
Dec 15, 2025
squadX
Market News

SquadX and Orexn Join Forces to Boost Web3 Community Growth

by Kelly Cromley
Dec 15, 2025
Venezuela
Market News

Venezuelans Turn to Stablecoins as Economic Lifeline

by Kelly Cromley
Dec 14, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.