Logo
Cardano Ecosystem

DeFi-Planet

last Tuesday at 8:56 PM

·

8 views


DeFi Planet

Web3Bay is pushing the boundaries of decentralized e-commerce, eliminating middlemen and enabling direct transactions through blockchain technology. But the success of such a system depends heavily on the...

DeFi Planet

Web3Bay is pushing the boundaries of decentralized e-commerce, eliminating middlemen and enabling direct transactions through blockchain technology. But the success of such a system depends heavily on the right blockchain—one that ensures security, scalability, and cost-efficiency. The challenge? Balancing transaction speed with reliability while keeping costs manageable for users.

As of February 17, 2025, Web3Bay has raised over $1.4 million in its presale, selling more than 360 million tokens at $0.004562625 each. Now, the project is finalizing its blockchain infrastructure—a decision that will be crucial to its long-term success and adoption.

Assessing the Best Blockchain Fit for Web3Bay

When selecting a blockchain for a decentralized e-commerce marketplace, several factors come into play: transaction speed, security, cost efficiency, and decentralization. Web3Bay examined the pros and cons of multiple Layer-1 blockchains before making its decision.

  • Ethereum – As the leading smart contract blockchain, Ethereum provides robust security and decentralization. However, its high gas fees and occasional congestion make it less practical for a high-volume e-commerce platform, even with Ethereum 2.0’s scalability improvements.

  • Solana – Capable of processing up to 65,000 transactions per second, Solana offers low fees and high speed, making it a strong contender. But its history of network outages raises concerns about reliability—something an e-commerce ecosystem cannot afford.

  • Other Layer-1 Blockchains – Platforms like Binance Smart Chain, Avalanche, and Cardano offer a mix of speed, security, and cost-effectiveness. Binance Smart Chain is fast and cheap but faces centralization concerns due to its limited number of validators. Avalanche is highly scalable but lacks Ethereum’s extensive developer community. Cardano emphasizes security and sustainability, yet it is still working toward full scalability for mass adoption.

After a thorough analysis, Web3Bay narrowed its choices down to a blockchain that best meets its goals for efficiency, security, and user experience.

Decoding Web3Bay’s Blockchain Choice

Web3Bay’s final decision came down to five critical factors: scalability, security, transaction costs, developer ecosystem, and decentralization. The chosen blockchain strikes a balance between these elements, providing a strong foundation for a decentralized e-commerce platform.

    • Scalability & Speed – High transaction volumes require a blockchain that can process payments instantly. Web3Bay’s selection ensures transactions are finalized in seconds, avoiding long confirmation times that can slow down traditional marketplaces.
    • Security & Reliability – Smart contracts must protect both buyers and sellers. The chosen blockchain has a solid security track record, reducing risks related to fraud and hacking.
    • Cost Efficiency – Traditional e-commerce platforms often impose high fees on transactions. Web3Bay’s blockchain choice allows for significantly lower transaction costs, making it more economical for merchants and shoppers.
    • Developer Ecosystem – A thriving developer community ensures continuous improvements, marketplace integrations, and ongoing support, making the platform more adaptable over time.
    • Decentralization & Governance – Web3Bay’s blockchain infrastructure ensures that decision-making is led by the community rather than a central authority, staying true to Web3’s principles.

    With this choice, Web3Bay positions itself as a frontrunner in decentralized e-commerce, offering seamless transactions, greater security, and a more user-friendly marketplace. As its presale continues to gain traction, Web3Bay is setting the stage to challenge traditional online marketplaces with its blockchain-powered alternative.

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer
This is a sponsored post. The information provided in this article is for informational purposes only and does not constitute financial advice. DeFi Planet does not endorse or recommend any specific investment decisions and reminds readers to conduct their own research and due diligence before taking any financial actions. Digital assets are highly volatile and can lose some or all of their value. DeFi Planet is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.

If you want to read more articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Give it a try. You can unsubscribe at any time.

AD

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!


Read Original Article on DeFi-Planet

ORIGINAL SOURCE

https://defi-planet.com/2025/02/web3bay-...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from DeFi-Planet

See more
Top Cryptos to Buy This Week with $500: PEPE, PropiChain, and Cardano
DeFi-Planet
Top Cryptos to Buy This Week with $500: PEPE, PropiChain, and Cardano

last Tuesday at 11:00 PM

·

5 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)