Everscale developer releases upgrades for DeFi platforms as the network eyes expansion?

cointelegraph.com:

On its own, a blockchain is a type of technology. But, like all great technology, when put into application, it is an enabler, helping people to drive business and economic results through real-world use cases. To drive these results, an ecosystem that allows for the creation and development of apps, services and decentralized finance (DeFi) platforms must exist. For example, consider Ethereum (ETH), an ecosystem that creates a basis for thousands of DApps, and a place for millions of users to interact.

While Ethereum has introduced the world to some of the initial use cases of blockchain, resulting applications could only go so far before being met with architectural issues such as slow transaction times and high gas fees. Recognizing that technology applications are only as strong as their back end, many have wondered what possibilities can exist when scalability isn't a limiting factor.

Everscale's architecture demonstrates this possibility by eliminating performance bottlenecks and allowing transaction throughput to scale proportionately to network bandwidth. Effectively Everscale provides the answer to the industry trilemma, determining a balance of decentralization, security and scalability. 

Starting where the TON project left off, several developers previously working on products on the network came together to launch it on their own to ensure Everscale's technology did not go to waste. As work continued to progress, switches were made to rust nodes, and other speed and scaling capabilities were deployed. Consequently, the network became much different than the original plans set out, leading to the need for a rebrand.

News of the global rebranding to Everscale network has since become the motivation for the Broxus