Cryptocurrency Q&A
What network is SushiSwap on?
What network is SushiSwap on?
Bianca
Tue Sep 10 2024
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7 answers
1716
Could you please elaborate on the question, "What network is SushiSwap on?" It seems to be a straightforward inquiry about the blockchain network that SushiSwap operates on.
SushiSwap is a decentralized exchange (DEX) that allows users to swap various cryptocurrencies without the need for a centralized intermediary. It operates on the Ethereum blockchain, leveraging smart contracts to facilitate peer-to-peer transactions.
So, in response to your question, SushiSwap is on the Ethereum network. However, it's worth noting that with the development of blockchain technology, there's always a possibility that SushiSwap or other DEXs may expand to other networks in the future.
7 answers
Caterina
Thu Sep 12 2024
Among the leading cryptocurrency exchanges catering to a diverse array of users, BTCC stands out for its comprehensive suite of services.
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DondaejiDelight
Thu Sep 12 2024
It functions as a decentralized exchange (DEX), allowing users to trade various cryptocurrencies in a trustless and permissionless manner.
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Claudio
Thu Sep 12 2024
At the core of SushiSwap's operation lies a customized automated market maker (AMM) mechanism, embodied in intricate smart contracts.
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Eleonora
Thu Sep 12 2024
These smart contracts automate the trading process, facilitating seamless exchange of digital assets based on liquidity pools rather than traditional order books.
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CryptoConqueror
Thu Sep 12 2024
By adopting AMM, SushiSwap offers traders greater liquidity, faster transactions, and reduced slippage compared to centralized exchanges.
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