Although the whole crypto market is bleeding red, Few altcoins are gaining significant growth. One coin that stood out among the rest is the ABBC coin (ABBC). The coin received a major push with 28.80% spike and is currently holding 63rd position.
According to coin market cap, the coin is trading at $0.192252 USD and 0.00001691 BTC (29.36%) against bitcoin.
The current market cap of the coin is $106,566,912 USD with $63,843,278 USD 24-hour volume and Circulating Supply of 554,307,766 ABBC.
ABBC Foundation Announced Massive Upgrades to its Blockchain and Wallet
As per the announcement, there will be a complete overhaul of wallet and Blockchain ecosystem. ABBC Foundation is developing all this in partnership with a New York-based blockchain and security development firm DeepDive.Tech.
The first update is about the migration of ABBC Foundation’s current mainnet to a completely new one. This mainnet will be much faster by handling 5,000 transactions per second. ABBC Foundation is changing its consensus protocol from Proof-of-Work (PoW) and Proof-of-Stake (PoS) to Delegated Proof-of-Stake (DPoS).
DeepDive CTO, Tad Einstein, said:
Expect to witness these numbers increase significantly over time to support the upcoming 100 million user base of Buyaladdin who be transacting on the ABBC blockchain.
Additionally, the ABBC Team will be releasing an updated ABBC whitepaper soon. There is no need for users to go through a rigorous process of migrating their crypto assets from one wallet to another. This will be a Generation 2 ABBC wallet and Android, iOS, and the desktop users will also be able to download it on their devices.