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13 May 2021

Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility – Press release Bitcoin News

Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility – Press release Bitcoin News


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Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network.

29th April 2021, Dubai, United Arab Emirates – ThreeFoldplans to integrate its peer-to-peer internet platform with three of the leading blockchain ecosystems in the decentralized finance (DeFi) space; Binance Smart Chain (BSC), Ethereum, and Huobi’s ECO Chain.

ThreeFold’s upcoming integration with BSC, Ethereum and Huobi’s ECO Chain is a critical part of continuing to grow and cultivate the world’s largest peer-to-peer internet platform.

Ethereum is the number one platform for decentralized applications (dApps) in the cryptocurrency and blockchain space as of today.

Accordingly, ThreeFold’s platform will be put on the radar of the vast number of Ethereum users who could quite effortlessly become the much-needed nodes in its vision of a decentralized internet.

However, with the increasing cost of Ethereum-based development and its slower than required scalability updates, ThreeFold’s peer-to-peer Internet will remain affordable, scaleable and simple for developers.

ThreeFold is developing a peer-to-peer internet platform that aims to liberalize what it labels as a centralized and unequally distributed internet.

Its platform, called theThreeFold Grid, comprises over +600 servers in 25+ different countries around the world, delivering approximately 80 PB in storage and over 16,000 CPU cores worldwide, making it the largest storage and compute peer-to-peer internet network in the world.

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