Web3 era challenges for blockchain technology and possible solutions ๐
Web3 is already a common term among crypto investors and blockchain enthusiasts, but what if blockchain tech and tokenization become truly widespread and usher in a new era of the internet?๐
Platforms will have to meet certain requirements โ in particular, unprecedented throughput. And while many would-be Web3 era leaders currently fall short, the Everscale and Venom networks already offer solutions that are asynchronous, scalable, fast, decentralized, and secure.
In a new blog post, we evaluate several Layer-1 blockchains in terms of their potential to cope with high loads and provide a stable experience, assuming that Web3 will become a reality.
Read the post to find out:
โ๏ธ Why Web3 and blockchain are inextricably linked
โ๏ธ What issues applications like Uniswap and dYdX are facing
โ๏ธ Why the asynchronous execution of Everscale and Venom is a solution for blockchains in the Web3 era
And more!
For all the details, check out the full post ๐ https://blog.broxus.com/web3-era-challenges-for-blockchain-tvm-solutions/
Broxus #blog
Web3 is already a common term among crypto investors and blockchain enthusiasts, but what if blockchain tech and tokenization become truly widespread and usher in a new era of the internet?
Platforms will have to meet certain requirements โ in particular, unprecedented throughput. And while many would-be Web3 era leaders currently fall short, the Everscale and Venom networks already offer solutions that are asynchronous, scalable, fast, decentralized, and secure.
In a new blog post, we evaluate several Layer-1 blockchains in terms of their potential to cope with high loads and provide a stable experience, assuming that Web3 will become a reality.
Read the post to find out:
โ๏ธ Why Web3 and blockchain are inextricably linked
โ๏ธ What issues applications like Uniswap and dYdX are facing
โ๏ธ Why the asynchronous execution of Everscale and Venom is a solution for blockchains in the Web3 era
And more!
For all the details, check out the full post ๐ https://blog.broxus.com/web3-era-challenges-for-blockchain-tvm-solutions/
Broxus #blog
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Broxus
How blockchain can solve the Web3 era challenges | Broxus
As Web3 advances, demand for more security and scalability grows. A blockchain can meet those requirements, but the question is, what properties it needs.
The voting for distribution of QUBE farming rewards for the next 14-day Epoch has ended on FlatQube DAO. Votes were cast using veQUBE, the FlatQube asset designed for DAO votes.
Total votes, veQUBE: 221,145
Total rewards, QUBE: 70,774
Percentage of total votes by pool:
Pools will get the same percentage of the total reward as they got from the total vote.
๐ Epoch 25 page
๐ Learn more
Broxus #FlatQube
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๐ Hey, Bridgers!
Guess what: weโve made the Octus Bridge documentation even more user-friendly and introduced some updates to ensure that you get the most from our product.
Whatโs new:
โ๏ธ We included a handy interactive demo to give you a detailed visual explanation of exactly how to make cross-chain transfers
โ๏ธ We added a new section covering Liquidity Requests and updated the info about Staking and eight more articles
Getting to grips with the Bridge is now more convenient thanks to our comprehensive, easy-to-navigate documentation!
See for yourself ๐ https://docs.octusbridge.io
Broxus #OctusBridge
Guess what: weโve made the Octus Bridge documentation even more user-friendly and introduced some updates to ensure that you get the most from our product.
Whatโs new:
โ๏ธ We included a handy interactive demo to give you a detailed visual explanation of exactly how to make cross-chain transfers
โ๏ธ We added a new section covering Liquidity Requests and updated the info about Staking and eight more articles
Getting to grips with the Bridge is now more convenient thanks to our comprehensive, easy-to-navigate documentation!
See for yourself ๐ https://docs.octusbridge.io
Broxus #OctusBridge
How to Octus Bridge?
Octus Bridge plays a major role in Everscale, making cross-chain transfers super fast and simple and helping onboard users from the seven other networks it supports โ
Whether youโre new to the Bridge and want to do some research, or youโre a regular user whoโd like to dive deeper into the product, you should find all you need to know in the latest Everscale blog post! ๐
From the comprehensive guide, youโll learn about:
โบ How Octus Bridge leverages Everscale's tech
โบ How to make cross-chain transfers
โบ The Bridgeโs special features: Invisible Bridge and Universal Bridge
โบ Relayers (or validators)
โบ Staking
And plenty more useful points!
To become an Octus Bridge expert in the time it takes to read a blog post, just follow the link ๐ https://blog.everscale.network/products/octus-bridge-complete-guide
Broxus #OctusBridge #blog
Octus Bridge plays a major role in Everscale, making cross-chain transfers super fast and simple and helping onboard users from the seven other networks it supports โ
Whether youโre new to the Bridge and want to do some research, or youโre a regular user whoโd like to dive deeper into the product, you should find all you need to know in the latest Everscale blog post! ๐
From the comprehensive guide, youโll learn about:
And plenty more useful points!
To become an Octus Bridge expert in the time it takes to read a blog post, just follow the link ๐ https://blog.everscale.network/products/octus-bridge-complete-guide
Broxus #OctusBridge #blog
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blog.everscale.network
A guide to Octus Bridge, the ultimate cross-chain solution
Learn how Octus Bridge works, how it enables fast and low-cost cross-chain transfers between EVM and TVM blockchains, and why it is better than rivals.
Great news, gamers: weโve added $GHUB to the Octus Bridge whitelist ๐ฅณ
$GHUB is the Klaytn-based utility token from GemHUB, the Web3 gaming protocol. Recently, GemHUB opened the gaming competition platform GemPION, a joint project with EVERPLAY. It will be integrated with the Everscale blockchain.
GemPION is currently in the beta testing phase and will be officially launched in November 2023. Stay tuned for more updates! ๐ฎ
Now you can find $GHUB hassle free right on the Octus Bridge interface, so itโs even easier to get to grips with the GemPION project and make Everscale โ๏ธ Klaytn cross-chain transfers!
To find out more about GemPION, check out these useful links ๐
โบ Site
โบ Tutorial
โบ Discord
Are you in? Then try out $GHUB transfers on the Bridge nowโก https://octusbridge.io
Broxus #octusbridge
$GHUB is the Klaytn-based utility token from GemHUB, the Web3 gaming protocol. Recently, GemHUB opened the gaming competition platform GemPION, a joint project with EVERPLAY. It will be integrated with the Everscale blockchain.
GemPION is currently in the beta testing phase and will be officially launched in November 2023. Stay tuned for more updates! ๐ฎ
Now you can find $GHUB hassle free right on the Octus Bridge interface, so itโs even easier to get to grips with the GemPION project and make Everscale โ๏ธ Klaytn cross-chain transfers!
To find out more about GemPION, check out these useful links ๐
Are you in? Then try out $GHUB transfers on the Bridge now
Broxus #octusbridge
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Everscale to host Korean Metaverse ๐ Klaytn added to Octus Bridge ๐ FlatQube becomes full DAO ๐
Read the long-awaited new edition of our exclusive newsletter, The Broxus Times, to get the lowdown on all of this and more.
As usual, youโll also find an overview of the current macroeconomic situation to keep you informed and ahead of the game ๐
๐ Dive in now!
Broxus #Times
Read the long-awaited new edition of our exclusive newsletter, The Broxus Times, to get the lowdown on all of this and more.
As usual, youโll also find an overview of the current macroeconomic situation to keep you informed and ahead of the game ๐
๐ Dive in now!
Broxus #Times
The Epoch continues until October 15 on FlatQube DAO. Currently, the QUBE/WEVER pool has the most votes, while the WEVER/BRIDGE, QUBE/BRIDGE and WEVER/USDT pools only have a small number of votes and are at risk of receiving minimal rewards.
โ๏ธ Mechanics:
Votes are cast using veQUBE, which you can get by locking QUBE according to this formula:
veQUBE = QUBE * lock time / max lock time
Pools are rewarded with QUBE based on the percentage of votes they receive. The minimum reward is 1% and the maximum is 35%.๐ Epoch 26 page
๐ Learn more
Broxus #FlatQube
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The voting for distribution of QUBE farming rewards for the next 14-day Epoch has ended on FlatQube DAO. Votes were cast using veQUBE, the FlatQube asset designed for DAO votes.
Total votes, veQUBE: 120,851
Total rewards, QUBE: 74,523
Percentage of total votes by pool:
Pools will get the same percentage of the total reward as they got from the total vote.
๐ Epoch 26 page
๐ Learn more
Broxus #FlatQube
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Recent EVER volatility
Friends, unfortunately, a large number of EVER tokens have been stolen.
We are working closely with exchanges where EVER is listed in order to stop any further outflow of tokens ๐
Please stay calm and refrain from taking any hasty actions ๐ง
To halt the actions of those responsible, we have temporarily disconnected Octus Bridge.
We will provide more details as the situation becomes clearer in the course of our investigation.
Stay tuned!
Broxus #OctusBridge #WEVER
Friends, unfortunately, a large number of EVER tokens have been stolen.
We are working closely with exchanges where EVER is listed in order to stop any further outflow of tokens ๐
Please stay calm and refrain from taking any hasty actions ๐ง
To halt the actions of those responsible, we have temporarily disconnected Octus Bridge.
We will provide more details as the situation becomes clearer in the course of our investigation.
Stay tuned!
Broxus #OctusBridge #WEVER
Broxus Updates
Recent EVER volatility Friends, unfortunately, a large number of EVER tokens have been stolen. We are working closely with exchanges where EVER is listed in order to stop any further outflow of tokens ๐ Please stay calm and refrain from taking any hastyโฆ
Recent EVER volatility: update
Friends, so far, weโve ascertained that the theft of EVER tokens happened as a result of fraudulent activity โ the network has not been hacked, nor were any dApps ๐ซก
The stolen tokens were ERC20 EVER and not the coin in its native form.
Exchanges that Everscale works with have now suspended deposits and withdrawals of Wrapped EVER (WEVER). Currently, more info is available here and here.
As of now, we are working to protect native EVER, which is safe on Octus Bridge ๐
We are carrying out a full investigation and will release all the details soon.
As always, stay tuned
Broxus #OctusBridge #WEVER
Friends, so far, weโve ascertained that the theft of EVER tokens happened as a result of fraudulent activity โ the network has not been hacked, nor were any dApps ๐ซก
The stolen tokens were ERC20 EVER and not the coin in its native form.
Exchanges that Everscale works with have now suspended deposits and withdrawals of Wrapped EVER (WEVER). Currently, more info is available here and here.
As of now, we are working to protect native EVER, which is safe on Octus Bridge ๐
We are carrying out a full investigation and will release all the details soon.
As always, stay tuned
Broxus #OctusBridge #WEVER
Version 1.5 of the handy T-Sol plugin for writing TVM-based smart contracts has been approved by JetBrains and is ready to download!
Whatโs new:
And more!
Are you a TVM developer and still not using the plugin? You could be saving a lot of valuable time โ install it now from the JetBrains Marketplace!
Broxus #BUIDL #TSol
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Dear Bridgers,
Weโre happy to announce that you can now use Octus Bridge again ๐
Please be aware that for now, EVER/WEVER is still disconnected from the platform. All other cross-chain token transfers are possible as usual.
We will let you know as soon as we can reconnect EVER/WEVER.
Thanks for bearing with us ๐ค
Got transfers to make already? Head to the Bridge now ๐ https://app.octusbridge.io
Broxus #OctusBridge #WEVER
Weโre happy to announce that you can now use Octus Bridge again ๐
Please be aware that for now, EVER/WEVER is still disconnected from the platform. All other cross-chain token transfers are possible as usual.
We will let you know as soon as we can reconnect EVER/WEVER.
Thanks for bearing with us ๐ค
Got transfers to make already? Head to the Bridge now ๐ https://app.octusbridge.io
Broxus #OctusBridge #WEVER
โก๏ธ We have now resolved all the recent minor issues on EVER Wallet, FlatQube, and EVER Scan.
All of the services are now working as normal again.
Enjoy exploring the Everscale ecosystem! ๐
โถ๏ธ everwallet.net
โถ๏ธ app.flatqube.io
โถ๏ธ everscan.io
Broxus #everwallet #flatqube #everscan
All of the services are now working as normal again.
Enjoy exploring the Everscale ecosystem! ๐
Broxus #everwallet #flatqube #everscan
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Dear Everscale community!
As we updated last week, we have become aware of a suspicious activity using WEVER, potentially involving illegal actions, where the bad actors involved have tried to hurry and sell a significant amount of WEVER they have taken possession of.
For the avoidance of doubt we would like to be crystal clear - there was no security incident involving Everscale, the bridge or any other technology associated with the Everscale and the tokens. Moreover, ALL native coins are safe and following the deactivation of the bridge cannot be accessed by the bad actors, who have only taken possession of the wrapped version.
We are currently taking all necessary actions against the bad actors, on the civil and law enforcement fronts, and should get results soon, for the benefit and protection of the ecosystem and the community.
We would also like to mention our partners, including exchanges, which are cooperating with the Everscale DeFi Alliance and taking action to prevent the bad actors from benefiting from their actions.
The decision to deactivate the bridge was done in the power granted by the DAO and intended to block the bad actors from redeeming the wrapped coins in their possession. The old wrapped version is now replaced by a new version (address: 0x1ffEFD8036409Cb6d652bd610DE465933b226917) that will be listed on the current and new exchanges in the upcoming days.
Until further notice, we urge you to cease all trading of WEVER until we announce the new WEVER has been updated on the relevant exchanges. WEVER holders are requested to reach out to the Everscale DeFi Alliance and swap the old tokens with the new ones, prior to the redemption against the native coins, subject to compliance requirements we will publish soon to make sure the bad actors are unable to do so.
We will publish additional instructions shortly.
As always, the Everscale DeFi Alliance and the DAO will take all necessary steps to prevent any wrongdoing and any action that may harm our mission and the best interest of our community and ecosystem.
Thank you,
Everscale DeFi Alliance
Broxus #OctusBridge #WEVER
As we updated last week, we have become aware of a suspicious activity using WEVER, potentially involving illegal actions, where the bad actors involved have tried to hurry and sell a significant amount of WEVER they have taken possession of.
For the avoidance of doubt we would like to be crystal clear - there was no security incident involving Everscale, the bridge or any other technology associated with the Everscale and the tokens. Moreover, ALL native coins are safe and following the deactivation of the bridge cannot be accessed by the bad actors, who have only taken possession of the wrapped version.
We are currently taking all necessary actions against the bad actors, on the civil and law enforcement fronts, and should get results soon, for the benefit and protection of the ecosystem and the community.
We would also like to mention our partners, including exchanges, which are cooperating with the Everscale DeFi Alliance and taking action to prevent the bad actors from benefiting from their actions.
The decision to deactivate the bridge was done in the power granted by the DAO and intended to block the bad actors from redeeming the wrapped coins in their possession. The old wrapped version is now replaced by a new version (address: 0x1ffEFD8036409Cb6d652bd610DE465933b226917) that will be listed on the current and new exchanges in the upcoming days.
Until further notice, we urge you to cease all trading of WEVER until we announce the new WEVER has been updated on the relevant exchanges. WEVER holders are requested to reach out to the Everscale DeFi Alliance and swap the old tokens with the new ones, prior to the redemption against the native coins, subject to compliance requirements we will publish soon to make sure the bad actors are unable to do so.
We will publish additional instructions shortly.
As always, the Everscale DeFi Alliance and the DAO will take all necessary steps to prevent any wrongdoing and any action that may harm our mission and the best interest of our community and ecosystem.
Thank you,
Everscale DeFi Alliance
Broxus #OctusBridge #WEVER
๐ Update your WEVER ERC-20 tokens
The recent suspicious activity involving WEVER has been met with an immediate response from us, the Everscale DeFi Alliance:
โข Transfers of WEVER via the Octus Bridge are temporarily suspended;
โข Transactions involving EVER and WEVER on major centralized exchanges have been paused pending the conclusion of our investigation;
โข A formal complaint has been lodged with the South Korean authorities;
โข A request has been issued to fully suspend all exchange accounts implicated in this crime.
Looking forward, we have crafted a plan to restore regular WEVER trading and proposed to the community that it be accepted at EVER DAO.
The community expressed an astonishing support of the proposal, for which we thank you.
As a result, we have started implementing the plan. One of the steps was to issue a new WEVER ERC-20 token and organize a process of exchanging the old token for the new one for community members who are not connected to the suspicious activity in any way and have clean WEVER ERC-20s.
The procedure has begun and will last until April 22, 2024. After passing the procedure and all AML checks, you will receive new WEVER ERC-20 tokens in exchange for your old ones.
๐ Follow the procedure to swap your tokens
Broxus #WEVER
The recent suspicious activity involving WEVER has been met with an immediate response from us, the Everscale DeFi Alliance:
โข Transfers of WEVER via the Octus Bridge are temporarily suspended;
โข Transactions involving EVER and WEVER on major centralized exchanges have been paused pending the conclusion of our investigation;
โข A formal complaint has been lodged with the South Korean authorities;
โข A request has been issued to fully suspend all exchange accounts implicated in this crime.
Looking forward, we have crafted a plan to restore regular WEVER trading and proposed to the community that it be accepted at EVER DAO.
The community expressed an astonishing support of the proposal, for which we thank you.
As a result, we have started implementing the plan. One of the steps was to issue a new WEVER ERC-20 token and organize a process of exchanging the old token for the new one for community members who are not connected to the suspicious activity in any way and have clean WEVER ERC-20s.
The procedure has begun and will last until April 22, 2024. After passing the procedure and all AML checks, you will receive new WEVER ERC-20 tokens in exchange for your old ones.
๐ Follow the procedure to swap your tokens
Broxus #WEVER
Trading resumes on HTX
We've got great news to help you kick off your week: trading with the updated WEVER ERC-20 is now available on HTX!
Until further notice, we urge all of the EVER community to buy their WEVER only on HTX.
This is another step in our effort to make WEVER available, accessible and secure for all and we thank the HTX team for being the first, but definitely not the last, to support the new updated WEVER token.
Broxus #WEVER
We've got great news to help you kick off your week: trading with the updated WEVER ERC-20 is now available on HTX!
Until further notice, we urge all of the EVER community to buy their WEVER only on HTX.
This is another step in our effort to make WEVER available, accessible and secure for all and we thank the HTX team for being the first, but definitely not the last, to support the new updated WEVER token.
Broxus #WEVER
Gravix has updated its X page, proclaiming "The Dawn of a New Day." Those of you who've seen it have probably wondered what the Everscale-powered DEX is cooking up.
Well, as they recently announced, Gravix is on the verge of unveiling a massive update that includes the introduction of a number of long-awaited features to the platform.
And that is not all! To celebrate the update, Gravix is planning to launch a competition for its users.
Be sure to take part and stay tuned for the unveiling of the new and improved version of Gravix!
Broxus #Gravix
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We have great news! The Gravix team has released a major update and added the following new features to the platform:
Using Gravix has become even more convenient:
Link to the updated platform
To celebrate the update, Gravix has launched a contest. Find out more on X.
Broxus #Gravix
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Attention OctusBridge Users! ๐ ๏ธ
We're performing a minor technical update on OctusBridge.io to enhance your experience. During this time, you may encounter brief disruptions. If you experience any issues, please don't hesitate to contact @davidmuLish and @eltcovai.
Your patience and understanding are greatly appreciated!
We're performing a minor technical update on OctusBridge.io to enhance your experience. During this time, you may encounter brief disruptions. If you experience any issues, please don't hesitate to contact @davidmuLish and @eltcovai.
Your patience and understanding are greatly appreciated!