Everscale

What is Everscale?

Everscale is a scalable smart-contract blockchain platform capable of processing over 100,000 transactions per second. It achieves this through dynamic sharding (data workchains and execution threads), multithreaded parallel execution, and low transaction fees. Designed as a high-performance hub for dApps, it aims to connect popular blockchains via fast bridges and support very high-load use cases.

Key Features

• Dynamic Sharding: Everscale splits into multiple workchains and execution threads, allowing parallel processing and high throughput :contentReference[oaicite:3]{index=3}.
• Multithreading: Execution shards run multiple threads concurrently—further boosting speed by running smart contracts in parallel :contentReference[oaicite:4]{index=4}.
• Massive Scalability: The architecture supports potentially millions of TPS when scaling workchains and threads, with workchain count up to 2³² :contentReference[oaicite:5]{index=5}.
• Low Gas Costs: Efficient resource allocation and thread-level execution minimize fees—suitable for enterprise and high-volume applications :contentReference[oaicite:6]{index=6}.

Use Cases

• Exchanges: Handles high-speed transaction throughput critical for on-chain trade execution.
• Bridges: Acts as a connectivity hub, facilitating fast cross-chain transfers between major networks.
• GameFi and High-Concurrency dApps: Ideal for applications with high-frequency transaction demands, such as gaming and social networks.
• Non-Custodial Wallets: Low-cost, fast transactions enable scalable wallet performance while maintaining user control.

Why It Matters for Accounting Teams

For organizations integrating Everscale with Cryptoworth’s accounting platform, Everscale offers:

• Per-Thread Transaction Logs: Each execution shard logs data with timestamps, enabling precise cost-basis tracking and audit trails.
• Scalable Data Ingestion: High volume throughput means Cryptoworth can handle mass transactional data—such as swap, transfer, stake—without delays.
• Cross-Chain Reconciliation: Built-in bridge support provides metadata for traceable journal entries across chains and environments.

By syncing Everscale data into Cryptoworth, accounting teams can automate journal entry generation, calculate weighted average cost, and produce audit-ready reports—all without manual exports or ledger imports.

Frequently Asked Questions

1. Can Cryptoworth calculate cost basis for high-volume Everscale transactions?

Yes. Cryptoworth ingests per-thread transaction details—timestamps, tokens, and fees—to calculate cost basis and Weighted Average Cost (WAC) for Everscale assets. Start with our Crypto Cost-Basis Calculator.

2. How do we reconcile cross-chain transfers from Everscale bridges?

Everscale’s integrated bridge architecture includes metadata tags for origin and destination chains. Cryptoworth uses these tags to automatically map and reconcile transfers across ledger systems, reducing manual intervention during period closes.

3. What data does Everscale provide for audit and compliance?

Everscale delivers structured logs for staking, swaps, transfers, and fees—complete with thread ID, transaction hash, block timestamp, and value. Cryptoworth converts this into structured journal entries, maintaining a transparent audit trail and supporting internal control frameworks.