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Autobahn Network TXL
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Market Cap
$135,415.93Rank #--FDV
--Rank #--Investors
Twitter Followers
Twitter Performance
304WeakRank by Twitter #5709- 0
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About TXL
The Autobahn Network is the first Layer 2 Rollup solution for the Binance Smart Chain (BSC). It is designed to provide fast transaction processing while minimizing fees. The network benefits from the underlying BNB Smart Chain and offers maximum security by adhering to high security standards. It is open to all developers, particularly those working on DeFi, GameFi, or NFT projects on the BNB Smart Chain. The Autobahn Network code is open-source on GitHub, with a focus on documentation and readability to make it convenient for developers. Additionally, there is a grant program available to incentivize deployments on the Autobahn Network, providing developers with the advantages of Rollup technology.
What makes Autobahn Network unique?
The Autobahn Network stands out from other cryptocurrencies due to its unique characteristics and features. Firstly, it is an Ethereum-based scaling solution that aims to minimize transaction fees and provide lightning-fast transactions. This makes it highly efficient for various use cases such as Decentralized Finance (DeFi), Game transactions, and Non-Fungible Tokens (NFTs).
One of its key advantages is the significantly lower gas fees it offers compared to other networks, with approximately 95% lower fees than the BNB Smart Chain. This makes transactions more affordable and accessible for users.
In terms of security, the Autobahn Network prioritizes maximum security by adhering to the highest security standards. Additionally, all data is written on the BNB Smart Chain, which adds an extra layer of security.
The Autobahn Network also emphasizes decentralization. While it builds upon the decentralization offered by the BNB Smart Chain, it plans to further decentralize the Rollup sequencer, enhancing the overall decentralization of the network.
Furthermore, the Autobahn Network has the potential to scale other Layer 1 blockchains and can be utilized as a white-label solution. This versatility makes it a promising solution for blockchain scalability.
Finally, the network has its native token called TXL, which serves as the fuel for the Autobahn Network. The token benefits from transaction fees, staking, and various other features, providing additional utility and value to its holders.
Overall, the combination of low fees, high-speed transactions, enhanced decentralization, maximum security, and scalability options make the Autobahn Network unique compared to other cryptocurrencies.