What is AventusAventus is a layer 2 blockchain protocol that brings scalability, lower costs and speed to Ethereum transactions. Ethereum has scalability issues that make it a victim of its own success. As the blockchain network of choice for most businesses, its peak transaction throughput is grossly insufficient to meet demand. Therefore, the economics of supply and demand have increased transaction fees making them prohibitive. Aventus Network (AvN) solves this problem by allowing companies to build on the Ethereum network with the Aventus second level protocol. With AvN, applications can easily work with any other promising cross-chain blockchain technology, connecting to the Polkadot ecosystem and relying on Substrate. What makes Aventus unique? Aventus is built from the ground up to be enterprise-grade, appealing to large partnerships that require millions of transactions a year.
Also, building on Substrate, Aventus is designed as level 2 not only for Ethereum, but for Polkadot and beyond, with the goal of enabling mass blockchain adoption through cross-chain functionality.
Aventus offers businesses the scalability, speed, and cost they need, while maintaining security, across multiple blockchain networks. Advantages of AventusScale The Aventus Network (AvN) can theoretically scale up to 2000 transactions per second. This is 133 times more than Ethereum Price. The average transaction cost on the Aventus network will start at just $0.01 (paid in AVT) and will decrease over time. This is 99% less than the average Ethereum transaction fee over the past year. SpeedThe AvN will process a token transfer in 0.13 seconds. This is 100 times faster than the Ethereum blockchain. Enterprise Grade AvN will acquire a minimum of 8.5 million transactions from customers that have been active on private testnets in the last year. Key Use Cases Financial Assets Supply Chains Rewards & Loyalty Live Entertainment Data Integrity nft Decentralized Applications