Aventus is a layer-2 blockchain protocol that brings scalability, lower costs, and speed to Ethereum transactions.

Ethereum has scalability issues that make it a victim of its own success. As the blockchain network of choice for most businesses, its maximum transaction throughput is wildly insufficient in meeting demand. The economics of supply and demand have thus
skyrocketed transaction fees making them prohibitively expensive.

The Aventus Network (AvN) solves that problem by letting businesses build on top of the Ethereum network with Aventus’ second-layer protocol. With the AvN, applications can easily
work with any other blockchain tech, cross-chain, by plugging into the Polkadot ecosystem, building on Substrate.

Scale
The Aventus Network (AvN) can theoretically scale to 2,000 transactions per second. This is 133 times more than Ethereum.

Price
The average transaction cost on the Aventus Network will begin at just $0.01 (paid in AVT) and decrease over time. This is 99% cheaper than the average Ethereum transaction fee over the past year.

Speed
The AvN will process a token transfer within 0.13 seconds. This is 100 times faster than the Ethereum blockchain.

Enterprise Grade
The AvN will onboard a minimum of 11.8 million client transactions that have been active in private test networks throughout the past year.

Key Use Cases
● Financial Assets
● Supply Chains
● Rewards and Loyalty
● Live Entertainment
● Gaming
● NFTs
● Data Integrity
● Decentralised Applications

Aventus is built from the ground up to be enterprise-grade, appealing to large partnerships requiring millions of annual transactions. Aventus was originally designed to be a layer-2 for Ethereum and beyond. What’s more, building on Substrate, Aventus can plug into the Polkadot ecosystem, becoming a parachain and supporting cross-chain functionality.

Aventus gives enterprises the scale, speed, and cost they need, while maintaining security, across multiple blockchain networks.
Aventus currently runs on a Proof of Stake consensus mechanism, where nodes take turns validating the transaction. The consensus is the process by which nodes agree on the global view of the chain i.e. the canonical order of the chain. A merkle root hash is produced periodically to the Storage smart contract on Ethereum. Aventus runs multiple smart contracts on Ethereum, one of which handles validator registration, staking and slashing of stake.

Aventus also has a Gateway API which companies and projects use to interact with the Aventus network.