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DeFichain Outlines Why Its Virtual Machine Is Better Than Ethereum’s


Dec, 15, 2023
< 1 min read
by CoinEdition
  • DeFiChain highlights what makes its Virtual Machine better than the Ethereum Virtual Machine (EVM). 
  • The analysis pointed out that EVM faces issues such as high transaction fees, risk of attacks, and slow processing time.
  • DeFiChain said its model solves these issues while balancing the interests of developers and customers. 

In a recent analysis, Decentralized Finance (DeFi) and Web3 gateway DeFiChain explored the differences in their Virtual Machine model compared to Ethereum’s Virtual Machine (EVM).

In the post shared on X, DeFiChain highlights the challenges associated with Ethereum’s architecture. As detailed in the analysis, that includes issues such as high transaction fees and slow processing time. DeFiChain said these issues create bottlenecks for new users and applications. 

However, the bottlenecks with Ethereum have led to the need for more scalable, secure, and cost-efficient solutions in the DeFi sector. Per the analysis, this has become more important as platforms try to balance various interests. “Security is a primary concern in DeFi, with different stakeholders having varying priorities. Developers focus on technical efficiencies, wh…

The post DeFichain Outlines Why Its Virtual Machine Is Better Than Ethereum’s appeared first on Coin Edition.

Read the article at CoinEdition

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DeFichain Outlines Why Its Virtual Machine Is Better Than Ethereum’s


Dec, 15, 2023
< 1 min read
by CoinEdition
  • DeFiChain highlights what makes its Virtual Machine better than the Ethereum Virtual Machine (EVM). 
  • The analysis pointed out that EVM faces issues such as high transaction fees, risk of attacks, and slow processing time.
  • DeFiChain said its model solves these issues while balancing the interests of developers and customers. 

In a recent analysis, Decentralized Finance (DeFi) and Web3 gateway DeFiChain explored the differences in their Virtual Machine model compared to Ethereum’s Virtual Machine (EVM).

In the post shared on X, DeFiChain highlights the challenges associated with Ethereum’s architecture. As detailed in the analysis, that includes issues such as high transaction fees and slow processing time. DeFiChain said these issues create bottlenecks for new users and applications. 

However, the bottlenecks with Ethereum have led to the need for more scalable, secure, and cost-efficient solutions in the DeFi sector. Per the analysis, this has become more important as platforms try to balance various interests. “Security is a primary concern in DeFi, with different stakeholders having varying priorities. Developers focus on technical efficiencies, wh…

The post DeFichain Outlines Why Its Virtual Machine Is Better Than Ethereum’s appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)

Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)

The crypto market has slowed down in the past 24 hours, with most major coins consoli...
May, 12, 2024
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With the crypto market reeling from recent volatility, investors are eagerly anticipa...
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