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DeXe Network Partners With Elrond Blockchain To Reduce Transaction Fees

Mary Liu

Summary: DeXe Network, the decentralized social trading platform announced a partnership with the Elrond blockchain. Under the partnership, the asset management tools of DeXe Network will use the Elrond blockchain for a large number of transactions and data storage before using the Ethereum blockchain for final transactions, thereby saving a lot of money for the final execution ...

DeXe Network, the decentralized social trading platform announced a partnership with the Elrond blockchain. Under the partnership, the asset management tools of DeXe Network will use the Elrond blockchain for a large number of transactions and data storage before using the Ethereum blockchain for final transactions, thereby saving a lot of money for the final execution of each transaction. The announcement added that Elrond's well-known Adaptive State Sharding mechanism will reduce the resource expenditures for DeXe, accelerate the processing speed of transactions and data, and ultimately benefit users of the platform.

By Mary Liu

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