🚀Free TON: the blockchain of tomorrow, challenges and solutions

The problem of bottlenecks in the current blockchain technology space only interests a rather limited number of developers, namely, Cosmos, Polkadot, Solana, NEAR, Free TON and Ethereum 2.0.
The developers who are solving the problems of today’s blockchains – speed, interoperability and scalability – will most likely survive any correction the market undergoes.

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#Free_TON #Review

🤔Chia Blockchain: They Need Your Space And Time

Against the background of a general decline in the cryptocurrency market in May 2021, the Chia Coin token, which sales have just started, drew attention to itself in reverse dynamics. Is it related to green farming technology on the Chia Network blockchain? Is it technology or hype?

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#Review

💎SSI: Voluntary Self-sovereign Identity Will Defeat The Bureaucracy

What is SSI, why should everyone know about it, and how does Free TON develop its own identification protocol?

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#SSI #Review

💎Contests and Hackathons in Blockchain: An Overview

Cryptocurrency companies use certain strategies to attract users, developers and investors. Various types of activity contribute to the development of their ecosystem: hackathons, tournaments and contests. What contests are held by Solana, Near, Cosmos and FreeTON? Let's take a look at the largest and most ambitious events.

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#Contests #Review

Review of AMA session with Sergey Shashev 🗞

AMA session with the Broxus co-founder Sergey Shashev was held on July 6. He answered the questions of the community in a company with Sergey Dzhurinsky.

Upcoming Broxus updates:
• Full-fledged work with NFT, including EVER Wallet support
• Simplification of the wallet's UX interface

About the QUBE burning mechanics
All fees for the transactions with QUBE accumulate at the special address. When the amount approaches $100K, QUBE is purchased for the entire amount, after which the token is going burned.

About the regulation of the speed / profitability o yieldf farming
The Autopharm system is working in alpha testing mode currently.

About plans in Indonesia
• Listing on 2 top exchanges in the region
• Entering the real sector — the blockchain use in the logistics chains of Southeast Asia.
• Educational programs at universities
• Working with institutional investors

About the idea of LEVER
Locked EVER — LEVER to issue for the amount of EVER locked for a certain period in the smart contract, which, are exchanged for EVER after the expiration of the term, like bonds, allowing to obtain liquidity with a maturity date.

LEVER Proposal should appear on EVER DAO soon.

🔗 Full AMA review with answers to questions

#ama #broxus #review

Highlights of the Everscale MeetUp 110 🗞

• Broxus posted a last call to participate in Elysium Hackathon which kicks off on the July 14th

• EverX to have a big update published on the July 15th

• Everscale News channel now has the blue verified check mark

• CryptoRAT app to launch beta in September and publish the Litepaper soon

• Identix.space offers a new crypto users to learn crypto technologies and web3 tools in a simple educative gamified quest form.
• Usually it takes 5-15 min. Main themes: Swapping and farming. Rewards are distributed in EVER and QUBEs
• More than 500 accounts already went through Everscale quest at least once

• All of the 3333 Grandbazar's Merchants were minted out in GLB format
• NFT collections in TIP-4 standard will be on-chain collections so they will exist not only in GB but also in 3rd party services
• Collections of the previous standard will no longer be able to be updated with new NFTs

• Blockchain Service Network team is working for the integrating TIP-4 standard in the DDC specification

• EverKit team launched EverBoard, token exploration interface with data on gainers and losers tops per day, trading volume and so on
• Also there is a "favorites" section on the website, where users can add tokens for easy tracking
• To edit your own tokens on the site you need to fill out the form

#meetup #review #post

Highlights of the Imara NFT presentation:

• Alexander Filatov supports the project, he is going to contribute to it, starting with marketing, since the project is important for Everscale and for artists who can present their work using a computer or phone

• The name "Imara" translates as stable, strong, firm

• The main objective of the project is to support African artists. Also, the goal of the project is to popularize NFT in Africa

• There is a small fee on EVER for publishing the NFT. Artists can change the price of works after publishing them on the marketplace

• Works on the site are divided into categories

#nft #marketplace #review #post

Review of the important AMA session about reforms in Everscale ⚡️

Key participants of the Everscale network was presented the proposed system of economic reforms at the special AMA session, which took place on July 26.

AMA session participants: Alexander Filatov, CEO of EverX, Sergey Shashev, co-founder of Broxus, Sergey Dzhurinsky, Warp Capital and member of the DeFi Alliance.

Background
The contest system which Everscale (Free TON) came up with didn't pan out because:
• did not attract a properly motivated team
• a lot of "token hunters" participated in the project

Global problem: lack of network capitalization growth

Effects:
• The absence of Everscale among the top 100 coins and top valuable protocols
• Decreased interest among investors

Decision:
Implementation of 5 initiatives to ensure the growth of the network capitalization.

1. The problem of outstanding commitments to partners — about 50 mln EVER.
Goal: To fulfill commitments without pressure on the market.
Solution: to launch LEVER, a TIP-3.1 utility token, pegged by EVER 1:1, with a 2-year lockup period.

2. The problem of fulfilling commitments to key network participants in terms of direct impact on capitalization — 170 mln to EverX, 170 mln to DeFi Alliance
Solution: a common KPI for all key participants — the growth of the network capitalization to the TOP 100 coins according to the Coingecko rating, and advancing to top 10 ranking (details will be provided).
Current ranking: ~230

3. Core development
• The main development priorities will be decentralized for Everscale companies and experts. If there is no internal consensus, decisions on priorities should be made through EVER DAO
• Starting in July 2022, funding for all core development will come from the Everscale Foundation. New companies will be able to join in core development.

4. Grants and partnerships
Most grants and partnerships didn't provide the expected added value.
Solution: payments only after the community recognizes the project's value for the ecosystem. All funding decisions should be made via Ever DAO.
Benefits for the network ➡️ Clear economic growth ➡️ Token issuance

5. Transition to zero net issuance
Problem: Potential investors usually are afraid of a constant decline in the value of their assets in the network.
Solution: to allocate 200M tokens to a validator subsidy fund and move control over the spending rate from the fund to EVER DAO. This amount of tokens is enough for 5+ years of validation, given that less than 60m has been issued since the start of the network's existence.

🔗 Document with the proposed initiatives has already published on EVER DAO.

If the framework is approved by a majority of votes, the community will be offered more detailed descriptions of each of the 5 points, after which they will be sent to vote.

Drafts with these initiatives will also appear in working chats so that the community can participate in these documents.

#ama #meetup #dao #review #post

Weekly Meetup Review 🗞

Community Weekly Meetup #112 was held on August 9th.

Key points 🗝

• SMFT (Soft Majority Fault Tolerance) consensus releasing 1st phase. Developers now can join testing

• REMP is almost ready for production. Validators have plans to launch RFLD network with REMP and do community testing

• New features for multisignature contract added — for example, protection from replay (the message now should include the signature of the addressee). The contract is now under testing and will be released in a couple of weeks

• New Academy web site allows users to buy relevant courses as NFTs: user can buy the NFT and get access to the course or he can enroll some courses and then mint certificates

• The Academy now is under developing its tokenomics which will be based on the reputation of teachers and students, rewarding system and so on

• The student has translated the Everscale Whitepaper into German and began to build a German community

• EverX to share the latest version of the Everscale node deployment script for the BSN blockchain

• 2nd Rust Cup game collection started on GrandBazar. 54 NFT cars are already minted. Now you can check the race alive (not only via Telegram bot as earlier). 50 EVER cashback for all cars' buyers who owned Merchant NFT

• GrandBazar technical updates: reward section to store you rewards in EVER — available only for Merchant owners.

#meetup #AMA #review #post

AML Crypto AMA session highlights 📝

The AML Crypto project, which received a grant from Everscale at the beginning of the year, developed a software and analytical system: through visual graphs of connections, the user analyzes the movement of funds between addresses and assesses the reliability of the counterparty.

What the system already can:

BHolder — a tool for analyzing transactions and addresses of various blockchains — allows users to investigate incidents with cryptocurrencies, identify persistent patterns of user behavior, and receive risk-score through the API.

• Detailed address information showing the balance sheet of all its assets
• Ability to see which token the transfer was in and which course was on the transaction date
• The ability to see the sum of tokens sent in the connection between addresses graph
• Data enrichment — systematizing information about the intended owner of the address
• The ability to see with whom the user is affiliated
• OSINT — enriching information from open sources — not just from blockchain. For example, about user groups and interests
• Ability to configure interaction filters — by transaction type, by date, by address
• Investigation of crypto-incidents
• There is an option "Report an incident" — you can seek help through the bot or through the site

Opportunities in the future:

• The opportunity to get acquainted with fraud cases in Everscale on the site
• The ability to authorize through user's crypto address without a login password
• Connecting other blockchains, primarily those associated with Everscale bridges
• Risk-score results to be recorded on blockchain
• Flexible customization of custom analytics

@AMLCRYPTOBOT
• Allows you to mark up a particular address for verification and entry into the database
• A system of motivation for participants in this process is planned

Project status:
Now closed testing is underway. You can send a request for participation by e-mail: [email protected]

In the next two months, a separate new fraudster product is expected to improve security at Everscale and which almost everyone can use.

#amlcrypto #ama #review #post

DeFi Alliance and EverX AMA session review 🗞

The main theses of the DeFi Alliance and EverX AMA session with Sergey Shashev and Pavel Prigolovko:

• Priority tasks in the Architectural Committee: launch of workchains, launch of a new elector, drivechain, REMP production stage. The tasks for the close future are "zero emission" and dynamic gas prices.

• S.Shashev: "We have solved the CBDC paradox. Instead of complex business logic, on Everscale you can make a number of standard contracts for the entire population. It's faster and cheaper than any other technology." Three countries are already confirmed: the UAE, the Philippines, Indonesia. Negotiations are underway in 12 countries.

• A new document on the BRIDGE project about changes in the business model is expected to be released soon: pairs with tokens of new projects will be listed to the BRIDGE token on FlatQube DEX; the BRIDGE commission model

• New listings of BRIDGE and QUBE tokens are planned on centralized exchanges in Indonesia

• The main task of Flex is stable work in the Mainnet. IDO is also in the plans, but at a better time for the market.

• Expected launch dates of veQube: 2nd half of September — October 2022. How it will work: QUBE tokens obtained through farming can be staked as a boost to your farming. The several times difference in profitability will motivate users to hold the token.

• Feature of the Broxie NFT collection is the utility for the Broxus products' users. There are plans to sponsor an armadillo farm in Indonesia.

• A new Qamon project is being launched in South Korea. This is about private communications. After the tests, the project will become public.

#ama #meetup #review #post

Community Meetup #114 Review 🗞

Architecture committee

The roadmap was finalized. It will be discussed this week in the committee and then will be published.

GrandBazar feature

2 types of minting are already available: single and multiple item (will be released in next 2 weeks) to mint whole NFT-collection that can consist of up to 10k different items.

Gychain blockchain updates

Website is ready and released. The domain is GY.live. Now you can see there Everscale ecosystem introduction in Chinese.

Pi Union team presentation

Pi Union is a fintech ecosystem which is official agent to electronic money institution PFS regulated and authorized by
Central bank of Ireland.

• Evercash: a crypto exchange solution
• iizipay: payment center with cards assurance

Main update: integration of iizipay into Evercash. Now you can order a classic MC card in the Evervash App with the link to a crypto wallet. KYC is required: you provide your proof of address and proof of ID.

You can order a card only if you are EU or UK resident

Evercash updates

• You can create wallets in EVER, BTC, ETH and EuPi.
• You can top up your wallets using any VISA or MC card
• A free instant internal crypto transfers (for free sending EVER)
• Exchange and withdraw to any crypto wallet via blockchain
• The possibility to withdraw cash from crypto wallet via ATM direct

Important! If you downloaded Evercash more than 6 months ago you need to pass the KYC verification one more time.

Identix space updates

• A major site redesign
• Introduced new quests cards
• Mobile friendly quests are marked on the cards
• Some new kind of quests called quizzes
• 1st NFT collection called Identix NFT launched on the Open Sea

🔗 To watch Meetup

#meetup #review #post