HyperonChain, one of the world’s fastest growing blockchains with DeFi and Metaverse ecosystem, goes live on TestNet

NEW YORK, NY – (Newsfile Corp. – October 28, 2022) – HyperonChain (HPN), one of the fastest and most stable blockchains in the digital currency space powered by the Defi and Metaverse ecosystem, has achieved another milestone as it goes live TestNet. HyperonChain TestNet, accessible at https://testnet.hyperonchain.com, currently runs on a single validator. HyperonChain TestNet has demonstrated tremendous prospects in terms of speed and performance by successfully completing millions of transactions with an average estimated transaction confirmation time of less than 1 second.

HyperonChain logo

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This development comes barely a month after HyperonChain (HPN) was born on BSC Network in September 2022. HyperonChain (HPN) has been listed on the PanCakeSwap, BitMart and CoinsBit exchanges and the highly experienced team has stated that they are working tirelessly to get the project listed on some of the tier one exchanges.

HyperonChain (HPN) said in a press statement provided to journalists that the team is KYC-doxxed and that their smart contract has been successfully verified by CertiK and InterFi. HyperonChain is also listed on price feed websites CoinMarketCap and CoinGecko. HyperonChain was trading at $0.0089, according to CoinMarketCap, with a total fixed supply of 100 million HPN.

The press release described HyperonChain as one of the world’s fastest EVM-based blockchain projects with its own DeFi, NFT and Metaverse ecosystem.

Per the statement, HyperonChain uses the Delegated Proof of Stake (DPoS) consensus algorithm, which makes it a faster, more stable, and more secure blockchain. HyperonChain supports smart contract functionality with Solidity.

HyperonChain DPoS advanced DPoS algorithm supports 700000+ TPS validation with a single node. Mainnet is initially set to launch with 21 validators, but could expand further over time if needed.

HyperonChain’s DPoS algorithm is designed to allow users to vote for validator selection even if they hold the smallest unit of HPN coins. The algorithm supports staked and unstaked voters in governing. This allows users to participate in all governance activities, which include validator selection and governance proposals, without locking coins.

This will also be one of the first blockchains of its kind to support zero-gas based transactions within its native web wallet on its mainnet. The web wallet itself would support multiple blockchains, smart contract interactions, and built-in multi-chain swaps, among other things. Its native coin (HPN) would be used for conducting all transaction fees on its mainnet and for developing all dapps over it.

The HyperonChain project has its own DeFi and Metaverse ecosystem consisting of the following projects:

HyperonChain staking
Hyperon Chain Yield Farming
NFT workspace and platform
Metaverse of the Hyperon world
DeFi payment system
Free developer tool (Oraclize, file storage)

All of the above projects are multi-blockchain supported DeFi applications.

Important links:

Website: https://hyperonchain.com
Twitter: https://twitter.com/HyperonChain
Telegram: https://t.me/HyperonChain
CertiK: https://www.certik.com/projects/hyperon-chain
KYC: https://github.com/interfinetwork/project-kyc-verification/blob/main/HyperonChain_KYCCertificate_InterFi.pdf

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142245

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