ABEYCHAIN is a fully operational blockchain designed for handling high-volume transactions. It offers a decentralized storage ecosystem that surpasses industry standards. With the use of sharding and the ABEY Virtual Machine (AVM), ABEYCHAIN supports high-volume transactions effectively. In comparison to Ethereum, ABEYCHAIN was developed earlier.

Unlike most blockchains that rely on single consensus mechanisms like proof of work or proof of stake, ABEYCHAIN utilizes a double consensus mechanism. This mechanism combines secure proof of work and delegated proof of stake, addressing the "Impossible Triangle" issue. This issue involves balancing decentralization, security, and efficiency.

ABEYCHAIN resolves this problem for blockchain users by providing a high-speed transaction environment, cross-chain interoperability, and a growing number of decentralized applications. It also offers a developer-friendly ecosystem. Additionally, ABEYCHAIN has the capability to scale up to 10,000 transactions per second (TPS), ensuring fast and efficient transactions while eliminating network congestion and high network fees.