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COINWEB - Final Web3 InfrastructureBlockchain technology, while transformative, is not without its challenges. Adoption has been hindered by various bottlenecks and points of failure. However, innovative solutions are emerging to address these issues, with one project standing out: Coinweb #Layer2 #web3 #infrastructure Coinweb is pioneering a computational layer that is blockchain agnostic, unifying connected blockchains to reduce costs, complexity, and the risk of chain failure. Below, we detail the groundbreaking innovations Coinweb introduces: - Scalable Consensus-Free Validation: Coinweb's architecture facilitates scalable consensus-free validation across asynchronous shards, ensuring secure interoperability and scalability that could potentially be limitless, by integrating shards within autonomous blockchains such as #Bitcoin . - Efficient Transaction Processing: Coinweb enhances blockchain operations by batching and compressing transactions, significantly diminishing the data size per transaction and thereby scaling operations exponentially. - Parallel Smart Contract Execution: Coinweb's protocol is designed to execute smart contracts concurrently, both within individual blockchains and across multiple chains. This parallel execution markedly improves the speed and efficiency of smart contract operations. - Interoperability: The platform fosters seamless interactions among disparate blockchains, augmenting the flow of information and value across independent networks. - Unified Development Environment: Coinweb empowers developers to deploy decentralized applications (dApps) across various blockchains as though they were a single unified platform, with support for over 40 programming languages, streamlining the development lifecycle. - Gas Fee Abstraction: Transactions are made more user-friendly and economical through Coinweb's abstraction of gas fees, mitigating one of the common complexities of blockchain interactions. - Reactive Smart Contracts: Coinweb's smart contracts are capable of reacting to events across multiple blockchains, facilitating novel cross-chain applications and use cases, such as the PACT mechanism (Penalty Adjudication for Cross-chain transactions) and non custodial staking. - Blockchain Routing System: A routing layer within Coinweb optimizes transaction pathways across different blockchains, enhancing efficiency and allowing developers to set specific performance KPIs. - Developer Resources: Coinweb provides comprehensive support for developers, including software development kits (SDKs), toolkits, and in-depth guides on blockchain solutions, aiding in the creation of cutting-edge applications. - Coinweb Labs: This initiative bolsters the developer community with grants and consultancy services, promoting the expansion of the Coinweb ecosystem. Coinweb's suite of solutions is designed to streamline the adoption of blockchain technology for developers, facilitating seamless integration and fostering innovation across a multitude of blockchain ecosystems. Litepaper: https://litepaper.coinweb.io Tg: https://t.me/coinweb

COINWEB - Final Web3 Infrastructure

Blockchain technology, while transformative, is not without its challenges. Adoption has been hindered by various bottlenecks and points of failure. However, innovative solutions are emerging to address these issues, with one project standing out: Coinweb #Layer2 #web3 #infrastructure
Coinweb is pioneering a computational layer that is blockchain agnostic, unifying connected blockchains to reduce costs, complexity, and the risk of chain failure. Below, we detail the groundbreaking innovations Coinweb introduces:
- Scalable Consensus-Free Validation: Coinweb's architecture facilitates scalable consensus-free validation across asynchronous shards, ensuring secure interoperability and scalability that could potentially be limitless, by integrating shards within autonomous blockchains such as #Bitcoin .
- Efficient Transaction Processing: Coinweb enhances blockchain operations by batching and compressing transactions, significantly diminishing the data size per transaction and thereby scaling operations exponentially.
- Parallel Smart Contract Execution: Coinweb's protocol is designed to execute smart contracts concurrently, both within individual blockchains and across multiple chains. This parallel execution markedly improves the speed and efficiency of smart contract operations.
- Interoperability: The platform fosters seamless interactions among disparate blockchains, augmenting the flow of information and value across independent networks.
- Unified Development Environment: Coinweb empowers developers to deploy decentralized applications (dApps) across various blockchains as though they were a single unified platform, with support for over 40 programming languages, streamlining the development lifecycle.
- Gas Fee Abstraction: Transactions are made more user-friendly and economical through Coinweb's abstraction of gas fees, mitigating one of the common complexities of blockchain interactions.
- Reactive Smart Contracts: Coinweb's smart contracts are capable of reacting to events across multiple blockchains, facilitating novel cross-chain applications and use cases, such as the PACT mechanism (Penalty Adjudication for Cross-chain transactions) and non custodial staking.
- Blockchain Routing System: A routing layer within Coinweb optimizes transaction pathways across different blockchains, enhancing efficiency and allowing developers to set specific performance KPIs.
- Developer Resources: Coinweb provides comprehensive support for developers, including software development kits (SDKs), toolkits, and in-depth guides on blockchain solutions, aiding in the creation of cutting-edge applications.
- Coinweb Labs: This initiative bolsters the developer community with grants and consultancy services, promoting the expansion of the Coinweb ecosystem.
Coinweb's suite of solutions is designed to streamline the adoption of blockchain technology for developers, facilitating seamless integration and fostering innovation across a multitude of blockchain ecosystems.
Litepaper: https://litepaper.coinweb.io
Tg: https://t.me/coinweb
MeetAstro.ai: Revolutionizing DeFi InteractionsIn the ever-evolving world of decentralized finance (DeFi), innovation is key to staying ahead. Enter MeetAstro.ai, a groundbreaking smart and interactive bot built on top of the Coinweb platform. This innovative bot leverages the coinweb ecosystem to create new and exciting ways for users to interact with DeFi. The Birth of MeetAstro.ai MeetAstro.ai is conceived with the vision of simplifying and enhancing user interactions within the DeFi ecosystem. Astro is your smart and personal assistant in the DeFi world. Are you new in the crypto space? Do you lack of time? Maybe too lazy to search the best options? no problem. Astro is there to perform on behalf of you. Just ask, “Hey Astro, trade $100 of my BTC to ETH please.” Astro will: Find you the best available rates.Provide a detailed overview of the trade. All you need to do is sign to approve the transaction. Leveraging CWAP SWAP One of the standout features of MeetAstro.ai is its use of the CWAP SWAP. CWAP SWAP is a cross-chain decentralized exchange that facilitates secure and cost-efficient swaps between different blockchain assets. Unlike traditional DEXs, CWAP Swap does not rely on bridges, which often introduce additional points of failure. Instead, it uses Coinweb's PACT framework, ensuring transactions are validated through collateralized reactive smart contracts. Innovative Interactions with DeFi MeetAstro.ai is not just another bot; it represents a new paradigm in DeFi interactions. By utilizing the advanced features of Coinweb MeetAstro.ai offers: Enhanced Security: Transactions are backed by collateral, reducing the risk of loss and ensuring reliability.Cost Efficiency: Swaps on CWAP are significantly cheaper, making DeFi more accessible to a broader audience.Interoperability: Seamless interaction across multiple blockchains without the need for additional consensus mechanisms.User-Friendly Experience: MeetAstro.ai simplifies complex DeFi operations, making them accessible even to users with minimal technical knowledge. Some of the DeFi operations Astro offers: Swap ATM Yield Generator Dumb Money Missions Revenue Distribution Levelling system In-game currency Conclusion MeetAstro.ai is set to transform the DeFi landscape by providing a smart, secure, and user-friendly interface for interacting with decentralized finance. As DeFi continues to grow, innovations like MeetAstro.ai will play a crucial role in shaping its future. Stay tuned for more updates on MeetAstro.ai and how it is revolutionizing the way we interact with DeFi! Links: https://linktr.ee/MeetAstroAI

MeetAstro.ai: Revolutionizing DeFi Interactions

In the ever-evolving world of decentralized finance (DeFi), innovation is key to staying ahead.
Enter MeetAstro.ai, a groundbreaking smart and interactive bot built on top of the Coinweb platform.
This innovative bot leverages the coinweb ecosystem to create new and exciting ways for users to interact with DeFi.
The Birth of MeetAstro.ai
MeetAstro.ai is conceived with the vision of simplifying and enhancing user interactions within the DeFi ecosystem.
Astro is your smart and personal assistant in the DeFi world.
Are you new in the crypto space? Do you lack of time? Maybe too lazy to search the best options? no problem.
Astro is there to perform on behalf of you.
Just ask, “Hey Astro, trade $100 of my BTC to ETH please.”
Astro will:
Find you the best available rates.Provide a detailed overview of the trade. All you need to do is sign to approve the transaction.
Leveraging CWAP SWAP
One of the standout features of MeetAstro.ai is its use of the CWAP SWAP.
CWAP SWAP is a cross-chain decentralized exchange that facilitates secure and cost-efficient swaps between different blockchain assets.
Unlike traditional DEXs, CWAP Swap does not rely on bridges, which often introduce additional points of failure.
Instead, it uses Coinweb's PACT framework, ensuring transactions are validated through collateralized reactive smart contracts.
Innovative Interactions with DeFi
MeetAstro.ai is not just another bot; it represents a new paradigm in DeFi interactions. By utilizing the advanced features of Coinweb MeetAstro.ai offers:
Enhanced Security: Transactions are backed by collateral, reducing the risk of loss and ensuring reliability.Cost Efficiency: Swaps on CWAP are significantly cheaper, making DeFi more accessible to a broader audience.Interoperability: Seamless interaction across multiple blockchains without the need for additional consensus mechanisms.User-Friendly Experience: MeetAstro.ai simplifies complex DeFi operations, making them accessible even to users with minimal technical knowledge.
Some of the DeFi operations Astro offers:
Swap ATM
Yield Generator
Dumb Money
Missions
Revenue Distribution
Levelling system
In-game currency
Conclusion
MeetAstro.ai is set to transform the DeFi landscape by providing a smart, secure, and user-friendly interface for interacting with decentralized finance.
As DeFi continues to grow, innovations like MeetAstro.ai will play a crucial role in shaping its future.
Stay tuned for more updates on MeetAstro.ai and how it is revolutionizing the way we interact with DeFi!
Links:
https://linktr.ee/MeetAstroAI
Understanding RDoC (Refereed Delegation of Computation) in CoinwebThe Refereed Delegation of Computation (RDoC) is a novel approach within the Coinweb ecosystem that aims to enhance efficiency, security, and interoperability in blockchain operations. Here's a brief overview of how it works: 1) Verification by Participants Traditional blockchains rely on consensus mechanisms where a majority of nodes participate in processing every computation. In contrast, RDoC allows any participant in the Coinweb network to verify the validity of information. Specifically, RDoC requires only one honest node to verify the correctness of data. This streamlined approach reduces the computational burden and accelerates transaction validation. 2) Inter-Blockchain Proofs RDoC extends its utility beyond individual blockchains by enabling inter-blockchain proofs. When information needs to be proven across different blockchains, RDoC steps in. It ensures that data can be verified seamlessly without relying on consensus nodes typically used in other interoperability projects. 3) Offloading Computation A key feature of RDoC is its ability to move proof computations away from the expensive Layer 1 (L1) execution environment. Instead, these computations are offloaded to thin clients, such as mobile devices or decentralized application (dApp) front-ends. By leveraging lightweight clients, RDoC reduces overhead. Off-chain data can be efficiently verified without burdening the main blockchain. 4) Security and Cost Efficiency RDoC strikes a balance between security and cost-effectiveness. Requiring only one honest node enhances security while maintaining decentralization. Offloading computations reduces the overall cost of verification. Use Cases Enabled by RDoC. RDoC opens up exciting possibilities: Cross-Chain Liquid Staking: Users can stake tokens on one blockchain and utilize the staked value on another chain, all without relying on a centralized intermediary.Decentralized AI Bots and Marketplaces: In decentralized AI applications, RDoC can be used to verify the outputs of AI models off-chain. This ensures that the computations are correct and trustworthy without overloading the blockchain.Non-Custodial Staking: Users can stake their tokens in a non-custodial manner, meaning they retain control over their assets while still participating in staking activities. RDoC ensures the integrity of these staking operations.Optimistic Decentralized Exchanges (DEXs): RDoC can be used in optimistic DEXs to verify transactions off-chain, reducing the load on the main blockchain and improving transaction speeds and costs.Multichain Asset Markets: RDoC enables the creation of markets where assets from different blockchains can be traded seamlessly. This is particularly useful for tokenized assets that exist on multiple chains.Others more... Some examples of Real Life Use Cases: 1) Supply Chain Transparency and Efficiency: Scenario: A global electronics manufacturer wants to ensure transparency and efficiency in its supply chain, from raw material sourcing to the delivery of finished products to retailers. Problem: Traditional supply chain systems often suffer from a lack of transparency, leading to issues like counterfeit products, delays, and inefficiencies. Verifying the authenticity and status of goods at each stage can be challenging and costly. Solution with RDoC: Data Verification: Using RDoC, the manufacturer can verify the authenticity of data provided by suppliers, transporters, and warehouses. Each participant in the supply chain can submit data off-chain, which is then verified by thin clients (e.g., mobile devices or dApp front-ends) using RDoC.Interoperability: RDoC enables seamless data sharing and verification across different blockchain networks used by various supply chain participants. This ensures that data integrity is maintained without the need for a centralized authority.Cost Efficiency: By offloading computation to thin clients, RDoC reduces the need for expensive on-chain processing. This makes the system more cost-effective and scalable.Real-Time Tracking: The manufacturer can track the movement of goods in real-time, with each stage of the supply chain providing verifiable updates. This reduces the risk of delays and ensures that any issues can be quickly identified and addressed. Benefits: Increased Transparency: All participants have access to verified, real-time data, reducing the risk of fraud and errors.Improved Efficiency: Faster verification processes and reduced computational costs lead to a more efficient supply chain.Enhanced Trust: With verifiable data at each stage, trust among supply chain participants is strengthened. This example illustrates how RDoC can transform supply chain management by enhancing transparency, efficiency, and trust. 2) Secure and Efficient Healthcare Data Sharing: Scenario: A network of hospitals and clinics wants to securely share patient data to improve the quality of care while ensuring data privacy and compliance with regulations like GDPR. Problem: Traditional methods of data sharing in healthcare are often slow, insecure, and prone to errors. Ensuring data integrity and privacy while sharing sensitive information across different institutions is challenging. Solution with RDoC: Data Verification: Using RDoC, healthcare providers can verify the authenticity of patient data shared between institutions. Each hospital or clinic can submit data off-chain, which is then verified by thin clients (e.g., secure mobile devices or dApp front-ends) using RDoC.Interoperability: RDoC enables seamless data sharing and verification across different blockchain networks used by various healthcare providers. This ensures that data integrity is maintained without the need for a centralized authority.Cost Efficiency: By offloading computation to thin clients, RDoC reduces the need for expensive on-chain processing. This makes the system more cost-effective and scalable.Real-Time Access: Healthcare providers can access and verify patient data in real-time, ensuring that they have the most up-to-date information for making clinical decisions. This reduces the risk of medical errors and improves patient outcomes. Benefits: Enhanced Data Security: All patient data is verified and securely shared, reducing the risk of data breaches and ensuring compliance with privacy regulations.Improved Efficiency: Faster verification processes and reduced computational costs lead to more efficient data sharing and management.Better Patient Care: With real-time access to verified patient data, healthcare providers can make more informed decisions, leading to better patient outcomes. This example illustrates how RDoC can transform healthcare data management by enhancing security, efficiency, and the quality of patient care. In summary, RDoC represents a paradigm shift in blockchain verification, emphasizing efficiency, security, and cross-chain compatibility. As Coinweb continues to evolve, RDoC plays a crucial role in shaping the future of decentralized systems. Technical deep dive available: https://docs.coinweb.io/learn/protocol/refereed-delegation-of-computation-rdoc Original RDoC Whitepaper: https://www.cs.tau.ac.il/~canetti/CRR11.pdf

Understanding RDoC (Refereed Delegation of Computation) in Coinweb

The Refereed Delegation of Computation (RDoC) is a novel approach within the Coinweb ecosystem that aims to enhance efficiency, security, and interoperability in blockchain operations.
Here's a brief overview of how it works:
1) Verification by Participants
Traditional blockchains rely on consensus mechanisms where a majority of nodes participate in processing every computation. In contrast, RDoC allows any participant in the Coinweb network to verify the validity of information. Specifically, RDoC requires only one honest node to verify the correctness of data. This streamlined approach reduces the computational burden and accelerates transaction validation.
2) Inter-Blockchain Proofs
RDoC extends its utility beyond individual blockchains by enabling inter-blockchain proofs. When information needs to be proven across different blockchains, RDoC steps in. It ensures that data can be verified seamlessly without relying on consensus nodes typically used in other interoperability projects.
3) Offloading Computation
A key feature of RDoC is its ability to move proof computations away from the expensive Layer 1 (L1) execution environment. Instead, these computations are offloaded to thin clients, such as mobile devices or decentralized application (dApp) front-ends. By leveraging lightweight clients, RDoC reduces overhead. Off-chain data can be efficiently verified without burdening the main blockchain.
4) Security and Cost Efficiency
RDoC strikes a balance between security and cost-effectiveness. Requiring only one honest node enhances security while maintaining decentralization. Offloading computations reduces the overall cost of verification.
Use Cases Enabled by RDoC.
RDoC opens up exciting possibilities:
Cross-Chain Liquid Staking: Users can stake tokens on one blockchain and utilize the staked value on another chain, all without relying on a centralized intermediary.Decentralized AI Bots and Marketplaces: In decentralized AI applications, RDoC can be used to verify the outputs of AI models off-chain. This ensures that the computations are correct and trustworthy without overloading the blockchain.Non-Custodial Staking: Users can stake their tokens in a non-custodial manner, meaning they retain control over their assets while still participating in staking activities. RDoC ensures the integrity of these staking operations.Optimistic Decentralized Exchanges (DEXs): RDoC can be used in optimistic DEXs to verify transactions off-chain, reducing the load on the main blockchain and improving transaction speeds and costs.Multichain Asset Markets: RDoC enables the creation of markets where assets from different blockchains can be traded seamlessly. This is particularly useful for tokenized assets that exist on multiple chains.Others more...
Some examples of Real Life Use Cases:
1) Supply Chain Transparency and Efficiency:
Scenario: A global electronics manufacturer wants to ensure transparency and efficiency in its supply chain, from raw material sourcing to the delivery of finished products to retailers.
Problem: Traditional supply chain systems often suffer from a lack of transparency, leading to issues like counterfeit products, delays, and inefficiencies. Verifying the authenticity and status of goods at each stage can be challenging and costly.

Solution with RDoC:
Data Verification: Using RDoC, the manufacturer can verify the authenticity of data provided by suppliers, transporters, and warehouses. Each participant in the supply chain can submit data off-chain, which is then verified by thin clients (e.g., mobile devices or dApp front-ends) using RDoC.Interoperability: RDoC enables seamless data sharing and verification across different blockchain networks used by various supply chain participants. This ensures that data integrity is maintained without the need for a centralized authority.Cost Efficiency: By offloading computation to thin clients, RDoC reduces the need for expensive on-chain processing. This makes the system more cost-effective and scalable.Real-Time Tracking: The manufacturer can track the movement of goods in real-time, with each stage of the supply chain providing verifiable updates. This reduces the risk of delays and ensures that any issues can be quickly identified and addressed.
Benefits:
Increased Transparency: All participants have access to verified, real-time data, reducing the risk of fraud and errors.Improved Efficiency: Faster verification processes and reduced computational costs lead to a more efficient supply chain.Enhanced Trust: With verifiable data at each stage, trust among supply chain participants is strengthened.
This example illustrates how RDoC can transform supply chain management by enhancing transparency, efficiency, and trust.
2) Secure and Efficient Healthcare Data Sharing:
Scenario: A network of hospitals and clinics wants to securely share patient data to improve the quality of care while ensuring data privacy and compliance with regulations like GDPR.
Problem: Traditional methods of data sharing in healthcare are often slow, insecure, and prone to errors. Ensuring data integrity and privacy while sharing sensitive information across different institutions is challenging.
Solution with RDoC:
Data Verification: Using RDoC, healthcare providers can verify the authenticity of patient data shared between institutions. Each hospital or clinic can submit data off-chain, which is then verified by thin clients (e.g., secure mobile devices or dApp front-ends) using RDoC.Interoperability: RDoC enables seamless data sharing and verification across different blockchain networks used by various healthcare providers. This ensures that data integrity is maintained without the need for a centralized authority.Cost Efficiency: By offloading computation to thin clients, RDoC reduces the need for expensive on-chain processing. This makes the system more cost-effective and scalable.Real-Time Access: Healthcare providers can access and verify patient data in real-time, ensuring that they have the most up-to-date information for making clinical decisions. This reduces the risk of medical errors and improves patient outcomes.
Benefits:
Enhanced Data Security: All patient data is verified and securely shared, reducing the risk of data breaches and ensuring compliance with privacy regulations.Improved Efficiency: Faster verification processes and reduced computational costs lead to more efficient data sharing and management.Better Patient Care: With real-time access to verified patient data, healthcare providers can make more informed decisions, leading to better patient outcomes.
This example illustrates how RDoC can transform healthcare data management by enhancing security, efficiency, and the quality of patient care.
In summary, RDoC represents a paradigm shift in blockchain verification, emphasizing efficiency, security, and cross-chain compatibility. As Coinweb continues to evolve, RDoC plays a crucial role in shaping the future of decentralized systems.

Technical deep dive available: https://docs.coinweb.io/learn/protocol/refereed-delegation-of-computation-rdoc

Original RDoC Whitepaper: https://www.cs.tau.ac.il/~canetti/CRR11.pdf
Nillion: Pioneering Decentralized Networks Beyond BlockchainsOver years, the need of parallel processing and decentralisation has been on the rise. Technologies like blockchains and secure multi-party computation (SPMC) have developed to solve these issues. Blockchain enables a common ledger to be shared across decentralized networksSMPC is built for processing and computation within a trustless environment Let’s talk about the principles of SMPC: Information-Theoretic Security (ITS) based - a security that is cryptoanalytically unbreakableDistributed computation between trustless nodes But the major issue of SMPC is that of scalability due to internode-messaging, which takes A LOT of time to process. Nillion is created by combining the strength of SPMC and Blockchains, enabling a cutting-edge (non-blockchain, non-traditional SMPC) network that can deliver decentralised computing to blockchains and developers at speeds that are nearly client-server fast. Nillion is redefining the landscape of decentralized networks. Unlike traditional blockchains, Nillion takes a novel approach that allows nodes to collaborate beyond the constraints of a blockchain. It aims to create a decentralized ecosystem that empowers developers, users, and businesses. Let’s dive into the key aspects of this innovative project: Instead of relying on a linear chain of blocks, Nillion leverages a technology known as Secure Multi-Party Computation (SMPC). At the heart of Nillion’s innovation lies the concept of Nil Message Compute, it allows for the implementation of a decentralized, private, performant, ITS, and versatile public network. Nil Message Compute paves the way for decentralized processing, storage, and data handling. It serves both existing blockchains and acts as a native public utility. With Nil Message Compute, Nillion enables off-chain computation. Nodes collaborate securely, performing complex tasks without relying solely on a blockchain. Nillion promotes interoperability between different ledgers. It bridges gaps, allowing seamless communication across decentralized networks. The Nillion network will be developed in three phases: Phase 1: Will comprise the development of a secure, public network for the storage and use of private informationPhase 2: Will focus on the development of a Meta Layer that enables the Nillion Network to enhance and connect different blockchains, thus providing interoperability and cross-chain computation solutions.Phase 3: Will be the implementation of the final vision of Nillion – the secure processing layer What could be the different applications and use cases ? Interaction with centralised wallets:One iteration of using the authentication services would be the integration of this private key storage solution within a crypto walletThe wallet would then be able to sign transactions on behalf of the user without needing the private key to be held on a device or centralized serverStoring official documents:Nillion’s infrastructure can be used to store documents such as identity documents, deeds, wills, titles, contracts, and agreements.Individuals will be able to link these documents to a set of decentralized authentication factors, whereby only the individual will be able to access or edit the contents.Furthermore, official purchasing documents such as deeds or other entitlements could be transferred between parties without the need for an intermediarySimilarly, businesses can store data such as customer 42 data, secret formulas, trade secrets, and any other intellectual propertyPrivate smart contracts on public blockchains:One key use case is the enabling of decentralized private smart contract compute and a secure execution environment for public blockchainsHere’s an example:The user writes the smart contract in Solidity.The user sends it to Nillion for execution.The user also sends a hashed version of the inputs to Nillion’s smart contract in Ethereum.The smart contract is executed in Nillion with full confidentiality.Interoperability:Nillion will enable blockchain interoperability solutions to allow for the transmission of assets, events, and data.Advanced cross-chain solutions become possible when built on NMC-enabled interoperability schemes.Multi-Party Programs running in the Meta Layer could be used to link complex systems that span chains and protocols, providing support forbridgesliquidity aggregatorscross-chain decentralized exchangesA unified multi-chain wallet with ITS authentication:Nillion enables a true multi-chain wallet by allowing a user to securely store all the private keys from different blockchain wallets in a single, completely decentralized, Nillion account or walletThe keys are kept in particalized form so that an attacker would have to compromise an unfeasibly large proportion of all Nillion nodes in order to piece them back together.Gated NFT metadata and content:The privacy and granular control of access to secure information enabled by Nillion’s design unlocks the next generation of use cases for NFTs on any chain.When tokens point to data hosted in the network, Nillion can offer tools to gate access to the metadata or underlying content, providing minters and owners the ability to decide who can see or interact with their propertyDAO tools:DAO tools represent another use case that takes advantage of the Nillion Network’s privacy features.NMC can support decentralized anonymous voting through the creation of a voting core service.The network can also help DAOs manage private information. The NIL Token: The NIL token will be Nillion’s native utility token. NIL will initially be implemented using Ethereum’s ERC-20 standard. NIL tokens will be used to: Access the network and use various Nillion services.Align economic incentives and node cooperation through staking.Incentivize nodes to maintain high performance and uptime. NIL tokens will also play a key role in the governance of the network through the Nillion Decentralized Autonomous Organization (nilDAO). Who is behind Nillion? The team behind Nillion have founded several billion-dollar crypto and non-crypto companies together, including two of the top 100 cryptocurrencies. Chief Scientist Dr. Miguel de Vega is the Inventor of NMC and has authored over 30 patents in the fields of machine learning, data optimization and mathematics.CTO Conrad Whelan was the Founding Engineer of Uber.Head of Cryptography Dr. Elizabeth Quaglia is a senior lecturer at Royal Holloway, University of London, one of the world’s leading cryptography institutions.CEO Alex Page is a seasoned ex-Goldman Sachs investment banker.Director of Crypto Tristan Litré was previously CTO of a DeFi platform and is an avid crypto-native DAO contributor.Chief Business Officer Slava Rubin was the Co-Founder and CEO of Indiegogo.CMO Andrew Masanto previously started Hedera Hashgraph and Reserve. Please check out the the relevant links to learn more about the project: Website: https://nillion.com/Whitepaper: https://nillion.docsend.com/view/7bkgvzagr6ifhwrcX: https://twitter.com/nillionnetwork

Nillion: Pioneering Decentralized Networks Beyond Blockchains

Over years, the need of parallel processing and decentralisation has been on the rise.
Technologies like blockchains and secure multi-party computation (SPMC) have developed to solve these issues.

Blockchain enables a common ledger to be shared across decentralized networksSMPC is built for processing and computation within a trustless environment

Let’s talk about the principles of SMPC:

Information-Theoretic Security (ITS) based - a security that is cryptoanalytically unbreakableDistributed computation between trustless nodes
But the major issue of SMPC is that of scalability due to internode-messaging, which takes A LOT of time to process.

Nillion is created by combining the strength of SPMC and Blockchains, enabling a cutting-edge (non-blockchain, non-traditional SMPC) network that can deliver decentralised computing to blockchains and developers at speeds that are nearly client-server fast.
Nillion is redefining the landscape of decentralized networks.
Unlike traditional blockchains, Nillion takes a novel approach that allows nodes to collaborate beyond the constraints of a blockchain.
It aims to create a decentralized ecosystem that empowers developers, users, and businesses.

Let’s dive into the key aspects of this innovative project:

Instead of relying on a linear chain of blocks, Nillion leverages a technology known as Secure Multi-Party Computation (SMPC).
At the heart of Nillion’s innovation lies the concept of Nil Message Compute, it allows for the implementation of a decentralized, private, performant, ITS, and versatile public network.
Nil Message Compute paves the way for decentralized processing, storage, and data handling.
It serves both existing blockchains and acts as a native public utility.
With Nil Message Compute, Nillion enables off-chain computation.
Nodes collaborate securely, performing complex tasks without relying solely on a blockchain.
Nillion promotes interoperability between different ledgers.
It bridges gaps, allowing seamless communication across decentralized networks.

The Nillion network will be developed in three phases:

Phase 1: Will comprise the development of a secure, public network for the storage and use of private informationPhase 2: Will focus on the development of a Meta Layer that enables the Nillion Network to enhance and connect different blockchains, thus providing interoperability and cross-chain computation solutions.Phase 3: Will be the implementation of the final vision of Nillion – the secure processing layer

What could be the different applications and use cases ?

Interaction with centralised wallets:One iteration of using the authentication services would be the integration of this private key storage solution within a crypto walletThe wallet would then be able to sign transactions on behalf of the user without needing the private key to be held on a device or centralized serverStoring official documents:Nillion’s infrastructure can be used to store documents such as identity documents, deeds, wills, titles, contracts, and agreements.Individuals will be able to link these documents to a set of decentralized authentication factors, whereby only the individual will be able to access or edit the contents.Furthermore, official purchasing documents such as deeds or other entitlements could be transferred between parties without the need for an intermediarySimilarly, businesses can store data such as customer 42 data, secret formulas, trade secrets, and any other intellectual propertyPrivate smart contracts on public blockchains:One key use case is the enabling of decentralized private smart contract compute and a secure execution environment for public blockchainsHere’s an example:The user writes the smart contract in Solidity.The user sends it to Nillion for execution.The user also sends a hashed version of the inputs to Nillion’s smart contract in Ethereum.The smart contract is executed in Nillion with full confidentiality.Interoperability:Nillion will enable blockchain interoperability solutions to allow for the transmission of assets, events, and data.Advanced cross-chain solutions become possible when built on NMC-enabled interoperability schemes.Multi-Party Programs running in the Meta Layer could be used to link complex systems that span chains and protocols, providing support forbridgesliquidity aggregatorscross-chain decentralized exchangesA unified multi-chain wallet with ITS authentication:Nillion enables a true multi-chain wallet by allowing a user to securely store all the private keys from different blockchain wallets in a single, completely decentralized, Nillion account or walletThe keys are kept in particalized form so that an attacker would have to compromise an unfeasibly large proportion of all Nillion nodes in order to piece them back together.Gated NFT metadata and content:The privacy and granular control of access to secure information enabled by Nillion’s design unlocks the next generation of use cases for NFTs on any chain.When tokens point to data hosted in the network, Nillion can offer tools to gate access to the metadata or underlying content, providing minters and owners the ability to decide who can see or interact with their propertyDAO tools:DAO tools represent another use case that takes advantage of the Nillion Network’s privacy features.NMC can support decentralized anonymous voting through the creation of a voting core service.The network can also help DAOs manage private information.

The NIL Token:

The NIL token will be Nillion’s native utility token. NIL will initially be implemented using Ethereum’s ERC-20 standard.
NIL tokens will be used to:
Access the network and use various Nillion services.Align economic incentives and node cooperation through staking.Incentivize nodes to maintain high performance and uptime.
NIL tokens will also play a key role in the governance of the network through the Nillion Decentralized Autonomous Organization (nilDAO).

Who is behind Nillion?

The team behind Nillion have founded several billion-dollar crypto and non-crypto companies together, including two of the top 100 cryptocurrencies.
Chief Scientist Dr. Miguel de Vega is the Inventor of NMC and has authored over 30 patents in the fields of machine learning, data optimization and mathematics.CTO Conrad Whelan was the Founding Engineer of Uber.Head of Cryptography Dr. Elizabeth Quaglia is a senior lecturer at Royal Holloway, University of London, one of the world’s leading cryptography institutions.CEO Alex Page is a seasoned ex-Goldman Sachs investment banker.Director of Crypto Tristan Litré was previously CTO of a DeFi platform and is an avid crypto-native DAO contributor.Chief Business Officer Slava Rubin was the Co-Founder and CEO of Indiegogo.CMO Andrew Masanto previously started Hedera Hashgraph and Reserve.

Please check out the the relevant links to learn more about the project:

Website: https://nillion.com/Whitepaper: https://nillion.docsend.com/view/7bkgvzagr6ifhwrcX: https://twitter.com/nillionnetwork
CWAP SWAP: A Revolutionary Cross-Chain DEXCWAP is a new cross-chain decentralized exchange (DEX) that aims to revolutionize the way we trade digital assets. Similar to @THORSwap and @Chainflip, CWAP supports Bitcoin and a wide range of other blockchains. However, it introduces some key differences that set it apart from the competition. • Innovative Approach to Security Unlike traditional DEXs that rely on a blockchain with stakers and validators, CWAP uses collateralized smart contracts on the @CoinwebOfficial platform exploiting the maximum capabilities of PACTs. This innovative approach dynamically adjusts the collateral for securing swaps based on the transaction amount and the time required to complete the trade. This is a significant departure from the staked validator approach, which often ties up capital through validator auctions and fixed epoch time slots. • Cost-Effective and Flexible By avoiding the need for staked validators, CWAP cuts costs significantly, offering 50-95% savings. This cost-effective model also enhances the DEX's flexibility, making it easily extendable with other DeFi tools. All these tools can be deployed as smart contracts on the same platform, streamlining the process and reducing complexity. • Permissionless Listings CWAP allows for the permissionless listing of cross-chain pairs, similar to how pairs are listed on Uniswap. This feature promotes a more open and inclusive trading environment, enabling users to list and trade a wide variety of assets without the need for centralized approval. • Supported Chains CWAP supports a diverse range of blockchains, including: - $BTC - $ETH - $BNB - $EGLD - $KUJI - $BCH - $LTC - $MATIC - $DOGE - $ARB More chains will be added over the time!!! • Commitment to Decentralization CWAP is committed to increasing the total market share of DEXs by providing a better cross-chain trading experience. The platform stands firm in its belief in decentralization, self-custody, and uncensored economic freedom. CWAP aims to offer more ways for people to achieve these ideals, without competing directly with other DEXs like @THORSwap, @MaiaSwap, or @Chainflip. Instead, CWAP sees itself as part of a united front against censorship and economic control. • TL;DR - 🟪 More secure, 50-95% cost-savings - 🟦 Permissionless & promoted listings - 🟪 Connects any blockchain, including Bitcoin - 🟦 Less offchain infrastructure than similar DEXs CWAP is here to provide a more secure, cost-effective, and flexible solution for cross-chain trading, addressing the significant lack of options for decentralized trading of native $BTC. By leveraging innovative technology and a commitment to decentralization, CWAP is poised to make a substantial impact on the DEX market. Deep dive and interact with the team by connecting to their socials: TG: https://t.me/CWAPSWAP X Page: https://x.com/cwapswap?s=21&t=oSGqeP-2Naadz19txnLohg

CWAP SWAP: A Revolutionary Cross-Chain DEX

CWAP is a new cross-chain decentralized exchange (DEX) that aims to revolutionize the way we trade digital assets. Similar to @THORSwap and @Chainflip, CWAP supports Bitcoin and a wide range of other blockchains. However, it introduces some key differences that set it apart from the competition.
• Innovative Approach to Security
Unlike traditional DEXs that rely on a blockchain with stakers and validators, CWAP uses collateralized smart contracts on the @CoinwebOfficial platform exploiting the maximum capabilities of PACTs. This innovative approach dynamically adjusts the collateral for securing swaps based on the transaction amount and the time required to complete the trade. This is a significant departure from the staked validator approach, which often ties up capital through validator auctions and fixed epoch time slots.
• Cost-Effective and Flexible
By avoiding the need for staked validators, CWAP cuts costs significantly, offering 50-95% savings. This cost-effective model also enhances the DEX's flexibility, making it easily extendable with other DeFi tools. All these tools can be deployed as smart contracts on the same platform, streamlining the process and reducing complexity.
• Permissionless Listings
CWAP allows for the permissionless listing of cross-chain pairs, similar to how pairs are listed on Uniswap. This feature promotes a more open and inclusive trading environment, enabling users to list and trade a wide variety of assets without the need for centralized approval.
• Supported Chains
CWAP supports a diverse range of blockchains, including:
- $BTC
- $ETH
- $BNB
- $EGLD
- $KUJI
- $BCH
- $LTC
- $MATIC
- $DOGE
- $ARB
More chains will be added over the time!!!
• Commitment to Decentralization
CWAP is committed to increasing the total market share of DEXs by providing a better cross-chain trading experience. The platform stands firm in its belief in decentralization, self-custody, and uncensored economic freedom. CWAP aims to offer more ways for people to achieve these ideals, without competing directly with other DEXs like @THORSwap, @MaiaSwap, or @Chainflip. Instead, CWAP sees itself as part of a united front against censorship and economic control.
• TL;DR
- 🟪 More secure, 50-95% cost-savings
- 🟦 Permissionless & promoted listings
- 🟪 Connects any blockchain, including Bitcoin
- 🟦 Less offchain infrastructure than similar DEXs
CWAP is here to provide a more secure, cost-effective, and flexible solution for cross-chain trading, addressing the significant lack of options for decentralized trading of native $BTC. By leveraging innovative technology and a commitment to decentralization, CWAP is poised to make a substantial impact on the DEX market.
Deep dive and interact with the team by connecting to their socials:
TG: https://t.me/CWAPSWAP
X Page: https://x.com/cwapswap?s=21&t=oSGqeP-2Naadz19txnLohg
Challenges of the Ethereum EcosystemCoinweb addresses several challenges present in the #Ethereum ecosystem, particularly around #Layer2 (L2) solutions and #cross-chain interoperability. Here’s how Coinweb tackles each of these issues: 1. Moving Tokens Between Layer 2 Networks Challenge: Moving tokens from one L2 to another often requires centralized bridge platforms and is complicated for the average user. For example, you cannot simply send tokens from Optimism to an Arbitrum address directly. Solution: Coinweb provides a unique approach by creating a generalized protocol layer that operates across different blockchain networks. This allows for seamless interoperability between various L2 solutions without the need for centralized bridges. Coinweb’s architecture integrates different chains at the consensus level, enabling tokens to move across chains efficiently and securely. This simplification makes it easier for users to transfer assets across different L2 networks by abstracting the complexities involved in cross-chain transactions. 2. Cross-Chain Smart Contract Wallet Support Challenge: Cross-chain smart contract wallet support is lacking. Changes in key management on one L2 require corresponding changes on other L2s, complicating wallet and organizational management, including for DAOs. Solution: Coinweb addresses this by enabling a unified layer for cross-chain smart contract execution. This means that smart contracts can interact across different chains seamlessly. With Coinweb’s architecture, a change in key management can be propagated across all connected chains, simplifying the process for users and organizations. This ensures that a single action taken on one chain is reflected across all connected chains, improving the efficiency and security of managing multi-chain wallets. 3. Decentralized Validation Infrastructure Challenge: Decentralized validation infrastructure is often lacking, especially on L2s that rely on centralized RPCs. While Ethereum is developing light clients, activity on L2s needs a robust decentralized validation mechanism. Solution: Coinweb focuses on creating a decentralized and scalable validation layer that supports multiple chains. By integrating consensus mechanisms from various blockchains, Coinweb ensures that validation is distributed and secure. This reduces the dependency on centralized RPCs and enhances the overall security and decentralization of the ecosystem. Coinweb’s protocol leverages the security of underlying chains while providing a more decentralized infrastructure for transaction validation and smart contract execution. Summary Coinweb’s solutions revolve around creating an interoperable and decentralized multi-chain environment that abstracts the complexities involved in moving tokens across chains, managing cross-chain smart contracts, and ensuring decentralized validation. By integrating these functionalities into a cohesive protocol layer, Coinweb significantly improves user experience, security, and operational efficiency in the blockchain ecosystem.

Challenges of the Ethereum Ecosystem

Coinweb addresses several challenges present in the #Ethereum ecosystem, particularly around #Layer2 (L2) solutions and #cross-chain interoperability. Here’s how Coinweb tackles each of these issues:
1. Moving Tokens Between Layer 2 Networks
Challenge: Moving tokens from one L2 to another often requires centralized bridge platforms and is complicated for the average user. For example, you cannot simply send tokens from Optimism to an Arbitrum address directly.
Solution: Coinweb provides a unique approach by creating a generalized protocol layer that operates across different blockchain networks. This allows for seamless interoperability between various L2 solutions without the need for centralized bridges. Coinweb’s architecture integrates different chains at the consensus level, enabling tokens to move across chains efficiently and securely. This simplification makes it easier for users to transfer assets across different L2 networks by abstracting the complexities involved in cross-chain transactions.
2. Cross-Chain Smart Contract Wallet Support
Challenge: Cross-chain smart contract wallet support is lacking. Changes in key management on one L2 require corresponding changes on other L2s, complicating wallet and organizational management, including for DAOs.
Solution: Coinweb addresses this by enabling a unified layer for cross-chain smart contract execution. This means that smart contracts can interact across different chains seamlessly. With Coinweb’s architecture, a change in key management can be propagated across all connected chains, simplifying the process for users and organizations. This ensures that a single action taken on one chain is reflected across all connected chains, improving the efficiency and security of managing multi-chain wallets.
3. Decentralized Validation Infrastructure
Challenge: Decentralized validation infrastructure is often lacking, especially on L2s that rely on centralized RPCs. While Ethereum is developing light clients, activity on L2s needs a robust decentralized validation mechanism.
Solution: Coinweb focuses on creating a decentralized and scalable validation layer that supports multiple chains. By integrating consensus mechanisms from various blockchains, Coinweb ensures that validation is distributed and secure. This reduces the dependency on centralized RPCs and enhances the overall security and decentralization of the ecosystem. Coinweb’s protocol leverages the security of underlying chains while providing a more decentralized infrastructure for transaction validation and smart contract execution.
Summary
Coinweb’s solutions revolve around creating an interoperable and decentralized multi-chain environment that abstracts the complexities involved in moving tokens across chains, managing cross-chain smart contracts, and ensuring decentralized validation. By integrating these functionalities into a cohesive protocol layer, Coinweb significantly improves user experience, security, and operational efficiency in the blockchain ecosystem.
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