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![CryptoJournaal Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1159541595357831170.png) CryptoJournaal [@CryptoJournaal](/creator/twitter/CryptoJournaal) on x 18.5K followers
Created: 2025-05-09 10:33:55 UTC

#Everscale ( $EVER ) - #Explainer

[ #Update: May 9, 2025 ]

💡 What is Everscale ( $EVER )?

Everscale is a fast and scalable Layer-1 blockchain designed to process millions of transactions per second with virtually no transaction fees.

The network is based on the architecture of the Telegram Open Network (TON), originally developed by the Durov brothers, and was launched in 2020 as an independent project under the name Everscale.

Everscale uses a Proof-of-Stake (PoS) consensus mechanism and dynamic sharding to provide unparalleled scalability and speed while maintaining a high level of decentralization and security.

The platform focuses on supporting large-scale decentralized applications (dApps), such as DeFi, NFTs, gaming, and even central bank digital currencies (CBDCs).

The native token, $EVER, plays a central role in the ecosystem and is used for transaction fees, staking, governance, and interoperability between blockchains.

Everscale offers developers a flexible environment with tools like Threaded Solidity (T-Sol) and a Threaded Virtual Machine (TVM), making it attractive for building complex Web3 applications.

#BlockchainScalability

⚙️ How does Everscale work?

Everscale combines advanced technologies such as dynamic sharding, a Soft Majority Fault Tolerance (SMFT) consensus protocol, and the Reliable External Messaging Protocol (REMP) to create a fast, secure, and scalable blockchain.

Instead of a linear execution like Ethereum, Everscale uses an “everything is a smart contract” paradigm, where even user addresses have their own smart contract.

This enables distributed programming and improves data management efficiency.

The main features of Everscale are:

🔸 Dynamic sharding:

Everscale splits the blockchain into multiple autonomous workchains and a masterchain, allowing capacity to adjust automatically to demand. This enables processing millions of transactions per second.

🔸 Low transaction fees:

Thanks to the efficient architecture and PoS consensus, transaction fees on Everscale are virtually zero, making it attractive for large-scale applications.

🔸 Threaded Virtual Machine (TVM):

The TVM executes smart contracts at high speed and supports Threaded Solidity (T-Sol), a customized version of Solidity that helps developers build complex dApps.

🔸 Interoperability:

Through solutions like the Octus Bridge, Everscale can communicate with other blockchains such as Ethereum, allowing assets to move seamlessly between networks.

#Web3Innovation

🪙 The role of $EVER

The $EVER token is the heart of the Everscale ecosystem and serves multiple functions:

🔸 Transaction fees:

$EVER is used to pay for transaction fees, which are minimal due to the network’s efficient architecture.

🔸 Staking:

Users can stake $EVER to earn rewards and secure the network. A liquid staking option is also available via stEVER, allowing users to continue trading flexibly.

🔸 Governance:

$EVER holders can vote on key network decisions via the Ever DAO, a decentralized autonomous organization. This gives the community direct influence over Everscale’s development.

🔸 Interoperability:

Wrapped EVER (wEVER) enables cross-chain transactions, allowing $EVER to be used on other blockchains and in decentralized exchanges like FlatQube.

#Tokenomics

🛠️ Key features of Everscale:

🔸 Soft Majority Fault Tolerance (SMFT):

This unique consensus protocol ensures fast and secure validation of transactions, even with a large number of validators, without compromising decentralization.

🔸 Everything is a smart contract:

Every entity on Everscale, including user addresses, has its own smart contract. This increases flexibility and enables advanced applications.

🔸 Ecosystem of dApps:

Everscale supports a wide range of applications, including FlatQube (DEX), GrandBazaar (NFT marketplace), Pokerton (gaming), and Everdues (decentralized payments).

🔸 Green blockchain:

Thanks to the PoS mechanism and efficient design, Everscale has a low environmental footprint, making it attractive for sustainable projects.

#DecentralizedApps

📜 History and development:

🔸 Origin and launch:

Everscale was launched in May 2020 as Free TON by a group of developers who built on the open-source code of the Telegram Open Network (TON) after that project was halted by Telegram. In 2021, it was renamed Everscale.

🔸 2022 - Governance and token burn:

The community founded the Ever DAO for decentralized governance and decided to burn X billion $EVER tokens, reducing the total supply to about XXX billion.

🔸 2023 - Hack and recovery:

In October 2023, a large amount of $EVER was stolen, leading to a temporary price drop. The team responded quickly by working with exchanges and freezing the Octus Bridge to mitigate further damage.

🔸 2024-2025 - Growth and integrations:

Everscale has focused on expanding its ecosystem with new dApps such as EverInfer (AI inference) and ChainConnect (cross-chain interoperability), and is hosting events like Everpoint 2025 in Uzbekistan.

#CryptoHistory

💸 Tokenomics

🔸 Total supply:

The maximum supply of $EVER is about XXX billion tokens after the 2022 burn of X billion. The circulating supply is currently around X billion.

🔸 Market capitalization:

With a price of approximately $XXXXXXX USD (as of May 9, 2025), Everscale has a market capitalization of around $XXXXX million USD, making it a mid-cap altcoin.

🔸 Emission rate:

The emission of $EVER is designed to incentivize staking and network security, with rewards for validators and stakers.

#MarketAnalysis

✅ Advantages of Everscale:

🔸 Extreme scalability:

Thanks to dynamic sharding, Everscale can process millions of transactions per second, making it suitable for industrial applications like CBDCs.

🔸 Low costs:

The virtually non-existent transaction fees make Everscale attractive to both users and developers.

🔸 Robust ecosystem:

With a wide range of dApps and tools, Everscale offers a complete Web3 environment for DeFi, NFTs, and gaming.

⚠️ Drawbacks and challenges:

🔸 Competition:

Everscale competes with other scalable Layer-1 blockchains like Solana and Avalanche, which also offer high speeds and low costs.

🔸 Security risks:

The 2023 hack highlights the need for improved security measures, despite the team’s rapid response.

🔸 Adoption:

Although the ecosystem is growing, Everscale still needs broader adoption to compete with established blockchains.

#BlockchainAdoption

🎯 Conclusion:

Everscale ( $EVER ) is a promising Layer-1 blockchain that excels in scalability, speed, and low costs.

With its unique technologies, such as dynamic sharding and the “everything is a smart contract” approach, it offers a powerful platform for the next generation of Web3 applications.

Despite challenges such as competition and past security incidents, Everscale has a strong foundation and a growing ecosystem that has the potential to become a major player in the blockchain space.

Whether it’s a good investment depends on your own research and risk tolerance, but Everscale’s innovative approach makes it a project to watch.

#EverscaleExplanation $EVER

🛒 Want to buy $EVER?

$EVER is easy to buy on #ByBit:

✅ Low trading fees:

Spot trading fees of just XXX% to 0.15%, with lower rates for VIP traders.

✅ Advanced trading options:

Margin trading (up to 10x), copy trading, trading bots, and support for MetaTrader X.

✅ High transaction speed and reliability:

Up to XXXXXXX transactions per second, even during volatile markets.

✅ Strong security:

Cold wallets, multi-signature systems, 2FA, and Proof-of-Reserves for extra user confidence.

✅ Wide crypto offering and ease of use:

Over XXX cryptocurrencies and a user-friendly app with a high rating!

✅ ByBit Starter Rewards!

Claim up to XXXXXX USDT deposit bonus on Bybit! Sign up quickly and start trading!👇

🥇 Bybit:

#CryptoJournaal #AltcoinPedia #Bitcoin #Crypto #Exchange

📚 Useful resources and additional information:

Want to dive deeper into the world of #Everscale or looking for the latest updates and developments?

These links will help you stay informed:

🔹Discord:

🔹Official Website:

🔹Reddit:

🔹Telegram:

🔹X (Twitter): @Everscale_net

#CryptoResources #StayInformed

⚠️ Important note:

🔹 This post is purely for educational purposes and not financial advice!

🔹 Only invest what you’re willing to lose:

#Crypto investments can be volatile, and you may lose some or all of your investment.

🔹 Always do your own research (#DYOR):

Thoroughly research #crypto-assets, platforms, and wallets before investing.

🔹 Understand the risks of volatility:

The value of #cryptocurrencies can change rapidly, so be prepared for price fluctuations.

🔹 Keep your private keys safe:

Losing your private keys can result in losing access to your crypto assets.

🔹 Use reliable platforms:

Make sure to trade crypto via reliable and regulated exchanges or wallets that meet proper security standards.

#CryptoRules #CryptoSafety #CryptoRisks #Dyor

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**Related Topics**
[telegram](/topic/telegram)
[blockchain](/topic/blockchain)
[$ever](/topic/$ever)
[coins defi](/topic/coins-defi)
[everscale](/topic/everscale)
[coins layer 1](/topic/coins-layer-1)

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