Today, August 15, 2023, 2 projects will be launched at once on Binance Launchpad. These are CyberConnect (CYBER) and Sei (SEI). In addition, both cryptocurrencies will appear among trading pairs directly on the Binance platform. This will happen exactly at 15:00 Moscow time. Users will have access to CYBER/BNB, CYBER/BTC, CYBER/FDUSD, CYBER/TRY, CYBER/USDT, as well as SEI/BNB, SEI/BTC, SEI/FDUSD, SEI/TRY and SEI/USDT.
Sei is an innovative Level 1 (L1) blockchain. It was created in order to scale the possibilities of cryptocurrency assets. According to the data on the official website, the speed of completing transactions in the test network is 500 ms, and about 20 thousand transactions are processed per second. During testing, more than 100 million transfers were made from 4 million users.
Blockchain developers have used the innovative Twin-Turbo Consensus consensus mechanism and claim that transaction fees on the network will be minimal. They promise users high performance and a level of security.
The CyberConnect project is a decentralized social network. Inside it and with the help of built-in tools, developers can create their own applications. They will help users to have full rights to their content and get a digital ID.
CyberAccount uses the ERC-4337 account abstraction, while CyberGraph is a smart contract for recording user content and social links, including monetization tools. This allows you to form unique communities. In addition, the protocol is compatible with the Ethereum Virtual Machine (EVM), which allows you to easily transfer applications from the Ethereum network.
Finally, CyberID is an ERC-723 personal token. It offers a unique user account ID on the CyberConnect social network.