What Is peaq network (PEAQ)?
peaq is a Layer 1 blockchain designed specifically for Decentralized Physical Infrastructure Networks (DePINs) and Machine Real World Assets (RWAs). It features parallelized block production, asynchronous backing, and agile core time, enabling it to reach 10,000 transactions per second (TPS), with potential scalability beyond 100,000 TPS after upgrades, all while keeping transaction costs low. Additionally, peaq utilizes an eco-friendly blockchain architecture and draws from the largest (
Ethereum) and second-largest (Substrate) developer ecosystems in the Web3 space.
How peaq network (PEAQ) Works
peaq offers builders flexibility with EVM (Solidity) and WASM (Rust) Smart Contracts. It includes a variety of ready-to-use Modular DePIN Functions that provide essential functionalities for DePINs and dApps, such as self-sovereign machine IDs, role-based access control, data verification, machine payment processing, data storage, indexing, and autonomous AI agents, all easily deployable through the peaq SDK in JavaScript with minimal code.
The network facilitates interaction with Polkadot, cross-chain compatibility with Cosmos,
Solana, and Binance, and connections to Ethereum, boasting EVM compatibility and bridging to over 30 blockchains. Additionally, peaq incentivizes machines and DePIN builders for their contributions and transactions, promoting a decentralized economy that benefits everyone.
How Many peaq network (PEAQ) Tokens Are in Circulation?
PEAQ has a total supply of 4,200,000,000.
How to Buy peaq network (PEAQ)
Check out the available PEAQ trading pairs on Bitget!
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peaq network (PEAQ) Resources