PRESS RELEASE
PAW Chain’s Public Mainnet Launches, Transforming the DeFi Industry
PAW Chain is set to revolutionize the DeFi industry with the introduction of its public mainnet. This groundbreaking blockchain technology, known as the world’s first Layer 3 centric blockchain, prioritizes scalability, security, and interoperability.
Unprecedented Speed and Scalability
PAW Chain’s innovative blockchain technology offers unparalleled processing speeds, ensuring swift transactions and an unmatched user experience. With its Layer 3 architecture, high-frequency transactions are offloaded, allowing the network to handle a larger volume without compromising performance. The network is designed to expand limitlessly, effortlessly accommodating new users and applications.
Interchain Operability
PAW Chain introduces a new form of interoperability called interchain operability. Smart contracts deployed on PAW Chain can directly interact with other chains, enabling a single dApp contract to function across multiple blockchains simultaneously. Through PAW Swap, projects only need a single liquidity pool to make their tokens instantly available on every connected chain. Currently, PAW Chain supports six chains, including Base and Polygon, with plans to connect many more, including non-EVM chains TRON and Solana.
PAW Wallet
The PAW Wallet provides a secure and user-friendly experience.
Personalized .paw Usernames:
Say goodbye to complex wallet addresses. With unique .paw usernames, transactions become more personal, seamless, and easier to remember. This is a step towards making blockchain technology more accessible to everyone.
Enhanced Privacy:
Privacy-focused features ensure that your transactions remain confidential. The wallet incorporates advanced cryptographic techniques to protect against front-running attacks and maintain user anonymity. Users can secure their wallets with fingerprint or facial recognition, leveraging biometric authentication for an additional layer of protection. Encrypted storage safeguards private keys and sensitive data against potential threats.
Comprehensive Transaction Management:
PAW Wallet offers detailed transaction histories and real-time updates, ensuring transparency and easy tracking of all activities. Users can effortlessly send and receive PAW Chain tokens with all the necessary information at their fingertips.
Integrated Ecosystem:
As the native wallet for the PAW Chain network, PAW Wallet seamlessly integrates with all PAW Chain services and dApps, providing a comprehensive user experience.
Security Processes and CertiK Ranking
PAW Chain boasts a robust security framework, including a triple accounting ledger system in every block and a unique cross-stitching methodology. These measures provide multiple layers of protection, ensuring data accuracy and security.
PAW Chain’s development and operations teams follow a DevSecOps process, integrating security considerations throughout the Software Development Lifecycle (SDL). This approach minimizes vulnerabilities and enhances the overall security of PAW Chain’s products and services. PAW Chain adheres strictly to the security guidelines set forth by the National Institute of Standards and Technology (NIST). As of July 3rd, 2024, PAW Chain’s CertiK audit ranks them at #18 with a score of 92.90.
Recent Developments and Future Outlook
Looking ahead, PAW Chain aims to introduce utilities such as an E-Commerce Marketplace, advanced POS Systems & Merchant Services, and DeFi solutions like Loans and Cards. These upcoming releases are designed to give investors greater control over digital assets. Future plans include a mobile app and further integration with PAW Chain services.
Join the Revolution
The launch of PAW Chain’s public mainnet marks a new era in the blockchain industry. As the world’s first Layer 3 centric blockchain, PAW Chain offers a secure, scalable, and interoperable platform. Experience the future of blockchain with PAW Chain.
For more information and updates, visit PAW Chain’s official website and follow them on social media.
This is a press release. Readers are advised to conduct their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
