FAB Public Chain Explainer Little K
https://mirror.xyz/0x06A08150BdA9Af17D0ff0F179aA3E272C5D899b0
We have previously discussed the positive impact of MWM's popularity on the entire FAB ecosystem. When we introduced it, we clearly stated that the surge of the Ferris Wheel has increased attention on the entire FAB public chain, enhanced liquidity, and continuously expanded the entire FAB ecosystem, increasing the network effects of FAB, among other things. We also introduced the relationship between the Ferris Wheel Era MWM and the FAB public chain. In the future, the MWM upgrade will open MWM/FAB and MWM/FET trading pairs. The concept of one coin mining in three ways or one coin in three pools not only promotes the trading depth and stability of MWM but also provides a large amount of liquidity for FAB and FET, driving the rise of FAB and FET. This further promotes the prosperous development of the FAB public chain ecosystem.
Please take a detailed look at our previous articles to understand more. In fact, it’s not just the Ferris Wheel; many other projects or teams will join in the future. The explosive growth or prosperity of these ecosystems will gradually integrate into the entire FAB public chain ecosystem, promoting the prosperity of the FAB ecosystem.
Therefore, we will outline the core competitive advantages of the FAB public chain here. Let’s take another look at the FAB public chain.
Core Competitive Points of the FAB Public Chain#
Let’s first briefly understand the FAB public chain. The FAB public chain is a high-performance, secure, and reliable blockchain network that provides fast transaction confirmations and scalability support. Its technical architecture and consensus algorithm ensure the security and stability of on-chain transactions. At the same time, the FAB public chain has built a complete ecosystem, providing rich application scenarios and services for project parties and users. Such technical and ecological support lays a solid foundation for various ecosystems.
In fact, the most core technical point of FAB has never been about order book-style decentralized exchanges, decentralized wallets, or swap-type, NFT-type, etc. Many blockchains can achieve these, and they may even do it better than FAB. Of course, the FAB public chain will also provide these. So where is the core point of the FAB public chain that far exceeds other blockchains?
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Interconnected Chains. We have analyzed multiple times that the FAB public chain can theoretically connect to any blockchain in the world.
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Asset Transfer. Because of the interconnected chains, we do not need cross-chain bridges; assets from other blockchains can be added to decentralized wallets developed based on FAB at any time, safely and reliably.
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Trading and Payment of Various Tokens. Also due to the transfer of assets from other blockchains, various Dapps developed based on the FAB public chain can easily trade and pay with various tokens in the world. For example, Uniswap and OpenSea on the ETH chain can only trade tokens on the ETH chain or tokens bridged to the ETH chain. In contrast, decentralized exchanges, Biswap, NFTs, chain games, etc., developed on FAB can trade and pay with multiple tokens like BTC, ETH, BNB, FAB, TRX, UNI, Doge, etc. We have shared this point multiple times in our articles; you can refer back to my previous articles.
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Efficient, Real-time Transactions and Payments. We have shared countless times, and have practically demonstrated that transactions and payments are completed in 2 seconds. Whether you are trading BTC, ETH, BNB, FAB, USDT, etc.
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Ultra-low Transaction and Payment Fees. Transaction and payment fees are around 0.002 cents. This doesn’t need much explanation; we have shared practical experiences many times.
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Extremely High Scalability. We must understand that scalability is not just about interconnected chains; scalability is reflected in the ability of the FAB chain to process transaction information. As mentioned above, FAB can provide TPS that can reach or even exceed one million TPS. Some friends have questioned this before, but after they read our previous articles explaining FAB technology, they became convinced. Please take a detailed look at the implementation of the technology before commenting, thank you.
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The FAB public chain truly opens up large-scale, practical application scenarios for blockchain public chain applications. It is precisely because of the various advantages mentioned above that the FAB public chain is important for applications in the real world, the internet, and the virtual world (Web 3.0, Metaverse), etc.
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Also, due to the above advantages, various Dapps developed based on the FAB public chain are not only decentralized, secure, and reliable, but also enable real-time asset trading that is fast and efficient.
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Of course, there are many other technical points we have not covered; we will continue to explore them in our future articles, so please stay tuned.
The FAB public chain is a fully open-source and open world-class public chain that is continuously building ultra-high consensus through various ecosystems, including the Ferris Wheel, applications in El Salvador, the Force Partner Program, nodes, chain games, pay.cool payments, e-commerce, and more. In the future, there will be more ecosystems, and everyone is welcome to join the FAB public chain ecosystem.
FAB Public Chain Ecosystem#
The FAB public chain has multiple ecosystems that have officially started operating, including various chain games, shopping malls, etc. In addition to the various ecosystems built on FAB that we previously introduced, more ecosystems developed based on the FAB public chain will be launched in the future. Our community will continue to share and explain, helping everyone build their own business landscape in the era of blockchain Web 3.0.
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Decentralized Wallet + Decentralized Exchange (exchangily.com all transaction fees are 100% distributed to holders of the Yibi Exchange token EXG)
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Decentralized Digital Currency Payment Tool — Pay.cool payment, the Alipay of the blockchain-based Web 3.0 era, version 3 has been upgraded, welcome to the world of Web 3.
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Decentralized E-commerce (madearn.com)
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NFT Trading Platform (collectiongala.com)
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Decentralized Traceability System ID Dock (verification and traceability system for identities including people, events, and objects)
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DeFi Ecosystem Applications (Biswap.com)
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Chain Game Platform (gamearm.com)
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Red Packet Function, already launched on pay.cool
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Digital Identity System, the Digital Citizen Program has been launched (Digital ID of pay.cool)
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Developer Integration Suite cool-connect has been launched
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Decentralized Supply Chain (DSCmap, coming soon)
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Social Content Creation Platform coming soon
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