The DeepL Network is a cryptocurrency system designed to address scalability and privacy issues found in previous systems like Ethereum, while still supporting smart contracts functionality. It focuses on improving scalability and user experience for DApps without sacrificing decentralization. The network features the DeepL Chain, which uses a Proof of Authority (PoA) consensus mechanism for faster block times and lower fees, and is EVM-compatible, allowing for easy porting of Ethereum smart contracts. This enables developers to utilize existing Ethereum tools, fostering an environment for efficient asset exchange and cross-chain transfers​​.