What is Peaq? Exploring the Future of Decentralized Infrastructure
Peaq is a Layer 1 blockchain designed for decentralized physical infrastructure networks (DePINs) and machine real-world assets (RWAs). With its scalable architecture, Peaq supports 10,000 TPS, low transaction fees, and environmental sustainability. The network offers developers flexibility through EVM and WASM smart contracts and a range of modular functions for building decentralized applications. Peaq’s native token, PEAQ, is used for transaction fees, staking, and governance, incentivizing network participation.
2024-11-13Read