cryptocurrency project Ethernet (ERN), announced the launch of the new Ethereum Layer-2 network, Ethernity Chain.
According to the official statement, Ethernity Chain will use an advanced artificial intelligence-driven security system.
According to the blog post, the chain in question will have the following features:
- AI-enhanced security and DRM: This ensures the highest level of security and protection for all transactions and activities on the platform.
- Easy integration
- Environmentally friendly with low gas fees:
- 100% EVM compatibility
ERN, an altcoin listed on Binance, increased by approximately 20% following the development. However, it is among the low market value tokens with a market value of approximately $109 million. The fully diluted market value of the token is at the level of 159 million dollars, but the number of tokens is not restricted by any upper limit.
ERN is also traded on other major decentralized exchanges such as Coinbase, Uniswap, OKX and Kucoin. However, ERN is trading 93% lower than the all-time high price record of $74, which it broke in March 2021.
*This is not investment advice.
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