Name : DeepL Network (DEEPL)
Consensus Mechanism : Proof of Authority
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Last Screening: Q1 2024
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Overview
DeepL Network is a groundbreaking blockchain ecosystem that seamlessly integrates with Ethereum, offering developers a familiar environment with enhanced speed and scalability. Developers can easily transition to DeepL by simply switching their RPC endpoint. With its Testnet providing a safe space for experimentation and a Mainnet offering reliable and cost-efficient RPC solutions for EVM-based networks, DeepL fosters innovation in Web3. The upcoming features such as Bridge Dapps for liquidity movement, a Smart contract wallet for multi-network transactions, and a new DEX called Swap promise to further enhance the ecosystem's functionality. DeepL's unique consensus mechanism, Proof of Authority (PoA), facilitates seamless communication between different chains, enabling interoperability. Through smart contract generation and EVM-compatible functionality, DeepL empowers individuals to define and execute contracts efficiently on its platform.
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