Arbitrum and Solana Are Two of the Best Blockchains for Avorak AI to Build on, Says DeFi Experts
Avorak AI has been gaining the attention of many analysts and investors. Recently, DeFi experts suggested that Arbitrum and Solana are two of the best blockchains for Avorak AI to build on.
What is Arbitrum?
Arbitrum is a layer-2 blockchain on top of Ethereum. It is a scaling solution intended to increase the efficiency and speed of transactions while reducing costs. Arbitrum aggregates and processes transactions off-chain before submitting them to the Ethereum network. This allows for faster transactions, lower fees, and higher throughput capacity. With Arbitrum, developers can build DApps that are compatible with the Ethereum Virtual Machine (EVM), providing a seamless transition for existing Ethereum projects. Arbitrum aims to make DeFi accessible to a broader audience while also addressing some of the scalability issues faced by the Ethereum network.
What is Solana?
Solana is a layer-1 blockchain that seeks to address the scalability challenges of traditional blockchain networks. It is designed to provide fast transactions and high throughput capacity, making it well-suited for decentralized applications (dApps) that require high-speed data processing. Solana operates through a unique consensus mechanism called Proof of History (PoH), which enables Solana to process thousands of transactions per second while maintaining low transaction fees. Additionally, Solana provides an easy-to-use programming environment with tools that enable developers to build scalable dApps. Solana aims to offer a decentralized, high-performance platform that can support the demands of large-scale, real-world applications.
What is Avorak AI?
Avorak AI is an ecosystem of AI solutions. The platform is built on the BNB Smart Chain because of several reasons. The BNB Smart Chain is secure, time-tested, and boasts low transaction fees even during high network traffic. Additionally, the BSC has a high transaction volume capacity, with a much better finality time/cost ratio. The BNB Smart Chain also has a large and constantly growing user base, with one of the highest total value locked (TVL).
Avorak’s AI solutions can be applied in various industries as they are intended to streamline different human-led processes. For example, Avorak Create, the platform’s AI image creator, uses a unique language-to-image process to create images that align with its user’s specific requirements. Avorak’s text-generating AI, Avorak Write, integrates a pre-written language bank, internet scraping, and plagiarism-detecting APIs to produce unique, autocorrected, edited, and non-plagiarised results.
All of Avorak’s AI products and services will be accessed using the AVRK token. Avorak AI is currently selling AVRK at $0.210 with a 6% on-top bonus in phase 5 of its initial coin offering (ICO). AVRK’s launch price recently increased to $1, capturing the attention of crypto watchers, such as The Crypto Club. Many experts suggest that as the demand and adoption of AI solutions increase, Avorak AI will likely be at the frontline.
For more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
