What is Paribu Net?

Paribu Net aims to create a new performance-oriented, eco-friendly, and business-focused blockchain architecture with the support of the underlying Proof-of-Authority (PoA) and Delegated Proof of Stake (DPoS) based consensus algorithms, internally referred to Bouleuterion consensus mechanism. Paribu Net is created to connect people and organizations providing new ways of communicating and cooperating with a smooth and reliable data transition. Paribu Net aims to achieve significantly low transaction fees for users. Paribu Net also supports EVM-based smart contracts to be able to develop decentralized applications such as DeFi, NFT, gaming, metaverse, and domain naming systems.

What does Paribu Net Promise?

• Speed. Block generation every 5 seconds and minimum waiting time for transactions
• Scalability. Finalization of more transactions per block thanks to its high block size
• Low Network Fee. Low network fees for all transactions
• Security. Secure transactions using advanced and up-to-date encryption standards.