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Coreum, Sologenic’s Layer-1 Blockchain, Makes Pricey Ethereum Transactions A Thing Of The Past

By forbes.mc on January 5, 2022


After more than a decade since Bitcoin’s public debut, cryptocurrencies and Blockchain technology have transcended beyond a temporary fad and into a fully established decentralized economy, bolstered by its 300 million-plus user base. Still, inherent issues like expensive transaction fees have made participation in this burgeoning economy difficult for the average consumer, with presently popular system Ethereum having inflated transaction costs by nearly 2,300 percent in the past year alone. Armed with a solution in hand, the independent community of developers making up Sologenic’s SOLO Core team has revealed Coreum as a vital remedy to this overpricing issue, creating an innovative and widely adoptable Blockchain ecosystem that implements a stable-fee model to ensure cost-efficiency and finally making decentralized currency fiscally attainable for all. 

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Related coins: Sologenic, Ethereum