At the core of the Towns Protocol's technological architecture lies its unique approach to decentralization. Instead of creating one large, monolithic platform, Towns uses smart contracts that act as decentralized mini-communities. These "towns" exist as smart contracts on the Ethereum blockchain and compatible Layer 2 networks.
How does it work? When a user creates a new community, they deploy a smart contract that defines all the rules of that community. This contract stores information about members, permissions (who can post, who moderates, etc.), and even voting rules. All messages sent within this community are also encrypted and recorded in decentralized storage (for example, IPFS), with links to them on the blockchain. This ensures that the data remains confidential and cannot be altered or deleted by anyone from the outside. Towns Protocol also uses decentralized identifiers (DIDs) and wallets for user authentication, providing a high level of security and privacy. This approach sharply contrasts with traditional social networks, where a centralized company controls all data and rules. Towns Protocol provides a complete set of APIs and SDKs so that developers can create their own interfaces and applications that interact with this decentralized infrastructure, opening doors for the creation of new, freer, and community-managed social networks. #TOWNS #Binance $ETH $TOWNS