Singapore, Dec. 09, 2022 (GLOBE NEWSWIRE) — The GURUFIN Foundation announced the official launch of its Layer-1 Mainnet, GURUFIN, which uses the TBFT (Tendermint Byzantine Fault Tolerance) and DPoS (Delegated Proof of Stake) consensus algorithm. Existing Layer-1 mainnets have recently been causing growing anxiety and hesitation amongst users due to frequent shutdowns and high gas fees. GURUFIN Mainnet, a next generation Layer-1, is expected to be an alternative solution to the first- and second-generation Layer-1’s such as Ethereum and Solana.
GURUFIN Chain is Cosmos-based with 100% Ethereum Virtual Machine (EVM) integration. The GURUFIN development team has engineered its own GURUFIN SDK to provide the high transaction processing speed of 10,000 TPS and stable network. The Chain solves the technical network instability problem from node failures that plague other mainnets. Its network provides smooth operation with infinite, horizontal scalability and TBFT core conse
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