Internet City, Dubai--(Newsfile Corp. - August 16, 2022) - LBank Exchange, a global digital asset trading platform, will list AbleBlockChain Token (ABC) on August 17, 2022. For all users of LBank Exchange, the ABC/USDT trading pair will be officially available for trading at 13:00 (UTC+8) on August 17, 2022.
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As a private blockchain based on Ethereum, AbleBlockChain aims to become the most powerful blockchain mainnet that enhances convenience, speed, and security while being compatible with crypto. Its native token AbleBlockChain Token (ABC) will be listed on LBank Exchange at 13:00 (UTC+8) on August 17, 2022, to further expand its global reach and help it achieve its vision.
Introducing AbleBlockChain
AbleBlockChain is a private blockchain based on Ethereum, and it is a blockchain for enterprises with authorized participants which can participate in and create blocks.
Private blockchain offers a permissioned environment of a blockchain. Each participant to a blockchain is entered into the blockchain upon the approval of existing participants. In other words, a new participant is allowed to a blockchain because existing participants trust the incoming participant. This trust, in contrast to the trustless system in a public blockchain, lowers burden of validating each new block, leading the overall transactions performance to increase.
As a Proof of Authority (POA) enterprise network,...
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