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Venom (VENOM): A Scalable Layer 0 Blockchain

Intermediate
Blockchain
Altcoins
Explainers
Mar 27, 2024
7 min read
0

Venom is a brand-new blockchain that hopes to become an essential part of web3 infrastructure. Its ecosystem promises users a helpful blend of scalability and buildability. However, it has plenty of competitors, so achieving its goal may take some time. To see whether or not Venom is worth investing in, explore this helpful guide.

Key Takeaways:

  • Venom is a Layer 0 blockchain network with dynamic sharding capabilities and a proof of stake (PoS) consensus mechanism. 

  • Venom aims to provide a convenient and scalable infrastructure for building a variety of web3 products.

  • Looking to trade Venom tokens? Bybit now offers the VENOM/USDT Spot trading pair. To celebrate this listing, Bybit is also holding an exclusive event where you can earn a share of the 720,000 VENOM prize pool!

What Is Venom?

Venom is a Layer 0 blockchain network with dynamic sharding capabilities and a proof of stake (PoS) consensus mechanism. Its secure blockchain platform aims to provide a convenient and scalable infrastructure for building a variety of web3 products.

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