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Fees on Swisstronik Swisstronik combines Cosmos SDK and Ethereum logic. EVM transactions are treated like Cosmos transactions. Fees use EIP-1559 logic but are distributed to validators, not burned. Transactions need fees to prevent abuse. Without them, bad actors could spam the network with fake transactions, causing congestion and crashes. @swisstronik- /ethereum /web3
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@swisstronik- /web3 /Layer1 /ethereum
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Swisstronik vs. Ethereum Transactions Ethereum: Transactions are straightforward but unencrypted. Swisstronik: Transactions require encrypted data fields using SwisstronikJS for confidentiality.
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3/5 πŸ”“ decryptNodeResponse Function Purpose: Decrypts responses from Swisstronik, allowing you to read data returned by nodes. How It Works: - Input Requirements: Encrypted response, encryption key, and node URL. - Decryption Process: Returns a Uint8Array for decoding.
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2/5 πŸ” encryptDataField Function Purpose: Protects your transaction data on Swisstronik. How It Works: - Key Generation: Uses x25519 cryptographic algorithm. - Data Encryption: Encrypts with Deoxys II. - Output: Returns encrypted data and key in Uint8Array.
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🧡 Securing Blockchain Interactions with SwisstronikJS: A Comprehensive Guide πŸ”’ 1/5 SwisstronikJS is here to elevate the security of your blockchain transactions and calls on the Swisstronik network! 🌐✨ By using encryption, SwisstronikJS ensures your sensitive data remains protected. Here’s a dive into its core functionalities. πŸ‘‡
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πŸ” Swisstronik enhances privacy with Intel SGX! Unlike Ethereum, it offers: - Enhanced transaction and contract privacy - Restricted access to contract state - End-to-end encryption for transactions Check out the infographic below for more details! πŸ“ŠπŸ‘‡ @swisstronik-
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Exciting Grant Program Update! We’ve sifted through countless applications and are thrilled to announce the first wave of grant winners! 🌟 Fourteen standout projects are set to receive a total of $2,000,000 in SWTR grants! This diverse batch includes innovations in DeFi, Layer 1, RWA, and retail, from both seasoned players and exciting new startups debuting on Swisstronik. Curious about who made the cut? Drop a comment below! πŸ‘‡ ⚑️ And don't forgetβ€”our application window is still open! Seize the chance to win up to $1,000,000+ for your project: https://link.swisstronik.com/bml
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Keep eyes for season 5 of @swisstronik- Ambassador Program! 🌟 Join us to drive the future of secure, private Web3 solutions and earn rewards. As an Ambassador, you'll shape our community, spread our vision, and make an impact. https://swisstronik.com/ambassador/tally <-- apply now!
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πŸš€ Introducing Swisstronik Testnet 2.0! πŸš€ A simulated environment mirroring our core functionalities planned for the mainnet. Get involved, give feedback, and earn rewards! πŸŽ‰ πŸ“… Testnet 2.0 Timeline: Running from July 22 until the launch of Swisstronik Mainnet in Q3 2024. The sooner you join, the higher your rewards! πŸš€ @swisstronik-
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Intel SGX in Swisstronik: 1/ Application: Swisstronik uses Intel SGX to create secure enclaves for executing EVM operations (e.g., transactions, smart contract calls). 2/ Privacy: Enclaves ensure that nodes cannot access transaction details during execution. 1/ Security: The encrypted execution within these enclaves boosts transaction privacy and security on Swisstronik's blockchain. @swisstronik-
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@swisstronik- @v1nci @kiroshima /web3 /crypto
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πŸ›  EVM Module Integration:Swisstronik includes an EVM module allowing developers to use familiar tools like Hardhat, Solidity, EthersJS, and Web3.js. Migrate existing Ethereum smart contracts easily and build dApps with enhanced features!
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πŸ”₯ Advantages of Cosmos SDK: Scalability: Efficiently manage growing transaction volumes. Interoperability: Seamlessly integrate functionalities across blockchains via IBC. Security: Leverages Tendermint consensus for robust transaction validation.
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πŸš€πŸŒŸ Exciting news! Applications for Season 4 of the Swisstronik Ambassadors program are now open! Don’t miss your chance to join our team and level up your skills. Apply now: https://www.swisstronik.com/ambassador πŸ”₯πŸ’Ό @swisstronik-
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Want to discover your Hegel NFT rarity? Two mint rounds await: FCFS and GTD. In both, you’ll mint without knowing your rarity until the big reveal! Will you land a Regular, Rare, or the ultra-rare Epic NFT? Only time will tell! Stay tuned for details on the mint rounds and how the reveal will work. Complete quests on Intract to secure your spot on the FCFS Whitelist now πŸ‘‰ https://link.swisstronik.com/4j3
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Ethereum Virtual Machine (EVM) integration! πŸŽ‰ Developers can use Hardhat, Solidity, EthersJS, and Web3.js just like on Ethereum, making it easy to migrate and reuse existing smart contracts. Check out the infographic below for more details! πŸ“ŠπŸ‘‡ @swisstronik-
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ok bro chill....
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Love this man
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One of the world greatest sharpshooter, Yusuf Dikec
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