【1Money Network】World's First L1 Blockchain Specializing in Stable Coin / Fixed Gas Prices, 250,000 TPS, and Compliance Compliance / Founded by former Binance US CEO and raised $20M / @1MoneyNetwork

Stablecoin specialization solves challenges in general-purpose blockchains.

Good morning.
Mitsui from web3 researcher.

Today we will discuss the 1Money Network.

🔵What is 1Money Network?
🤑Raised $20 million in seed round
💬Stablecoin specialization is a concern

🔵What is the 1Money Network?

1Money Network" is the world's first L1 blockchain dedicated to stable coins.While general L1 and L2 blockchains are designed for any use case, "1Money Network" is specialized for stable coin payments only and has dedicated scalability and features.

We will look at its characteristics.

1)Fastest transaction speed and confirmation time

Instant confirmation of your stablecoin transactions.You can send and receive stablecoins in seconds, not minutes or hours.Transactions are processed immediately with equal priority, so there is no reordering of transactions and someone cannot pay a higher fee to skip a turn.

At its core is a patent-pending Byzantine Consistent Broadcast (BCB)-based consensus algorithm.The network delivers unparalleled performance with sub-second transaction confirmations and instant determinism, regardless of transaction size or volume.

Currently supporting over 250,000 transactions per second (TPS), the isolated transaction processing system can handle virtually unlimited demand.This design ensures continuous processing stability without sacrificing performance.In addition, the highly parallel system allows for a linear increase in transaction processing capacity through horizontal sharding at the node level, providing nearly unlimited scalability to meet the transactional needs of billions of users worldwide.

2)Seamless Interoperability

Designed to interoperate with blockchains and wallets, it integrates seamlessly with popular self-managed cryptocurrency wallets such as MetaMask and Phantom, and seamlessly moves storable coins between other popular chains such as Ethereum and SolanaEthereum, Solana, etc.