Vanar is a L1 blockchain designed to be used in reality rather than in an experimental context. The blockchain industry and Vanar's development are informed by gaming and entertainment business and brand partners. Vanar's gaming and entertainment background is geared towards providing users with a sense of familiarity and usability for the next 3 billion users of Web3. The ecosystem includes mainstream vertical markets like gaming metaverse experiences, AI, eco initiatives, and brand solutions. These markets naturally facilitate the mainstream adoption of blockchain technology. The products currently developed as part of the ecosystem include the Virtua metaverse, which facilitates immersive user experience, as well as the VGN network which is designed for blockchain gaming.
VANRY token is the token behind the Vanar network as it allows transactions in the ecosystem. @Vanarchain $VANRY #vanar
Vanar: A Layer 1 Blockchain Built for Real World Adoption
Vanar is created as an L1 blockchain with an obvious emphasis on practicality and adoption as opposed to experimentation by developers. Though most blockchain projects focus inherently on developer focused innovations with the end game for developers rather than end users Vanar takes an alternative angle for approaching Web3 byocusing instead on Web3 end users and brands.
The main focus for Vanar is to have blockchain practicality for the next set of Web3 users. Needless to say, the team Vanar comprises experts from the gaming industry itself. Therefore the team’s strategy on how best to develop its technology depends on its experience in the gaming arena. In essence the team’s focus is not on creating virtual environments; rather the focus is in making the entire user interface as comfortable as possible while considering integration with an environment users are familiar with. This aligns with the team’s objective of reaching the next 3 billion consumers by deploying the technology in the environments people interact with.
Vanar's ecosystem spans multiple mainstream verticals: gaming, metaverse experiences, AI-driven applications, eco focused initiatives and brand solutions. Such industries are particularly important for mass adoption since they represent natural entry points for users with low prior exposure to blockchain.
Core products in the ecosystem include Virtua Metaverse a means for immersive digital experiences, and the VGN games network which is aimed at supporting blockchain powered gaming at scale. Together, they illustrate how Vanar's infrastructure enables real consumer use cases. The VANRY token fuels the Vanar network: the transaction facilitation on the network, participation in the ecosystem and operations within. Vanar comes up with a design centered around its users and a diversified product ecosystem, creating infrastructure built for practical Web3 adoption rather than niche experimentation. @Vanarchain $VANRY #vanar
Essentially, a payment focused chain like Plasma aims to be a "Layer 1" chain focused on speed security and cost effectiveness in a stable environment without the need to "experiment" on a chain that will become a foundational part of a worldwide network of transactions in a class of assets termed "stablecoins."
Plasma provides compatibility with EVM through Reth along with a subsecond finality using PlasmaBFT. This helps developers implement their applications using the Ethereum blockchain while offering reliable transactional confirmations. These confirmations are important factors for the success of real time payment applications. This will be based on the stablecoins, as the network will be introducing features such as gasless USDT transfers and the usage of stablecoins for gas. This will decrease the difficulties users face in making transactions due to the usage of tokens for fees. Plasma’s security mechanism i.e. its usage of the security of the Bitcoin cryptocurrency will aid in its neutrality. @Plasma $XPL #Plasma
Plasma: A Layer 1 Blockchain Designed for Stablecoin Settlement
Plasma is a Layer 1 blockchain purpose built for one clear and focused goal: efficient and reliable stablecoin settlement. Unlike general purpose blockchains which seek to address every use case under the sun, Plasma is optimized around the needs of stablecoins as instruments of payment and settlement.
This reflects the increasingly important role which stablecoins are playing in worldwide payments remittances and financial infrastructure. At the execution layer, Plasma provides full EVM compatibility via Reth whereby developers can deploy Ethereum based smart contracts without any need for modification. This is coupled with sub second finality powered by PlasmaBFT a versatile proof of stake consensus algorithm that allows for fast and consistently low time to finality. For real-world payments and high throughput settlement fast finality is essential in that it reduces settlement risk and increases transaction certainty for both users and institutions.
The idea of the design of the Plasma network is to have the user interact with the stablecoins. This includes the gasless USDT transfers as well as the use of the first gas for the users where the users do not have to worry about paying the costs with the use of the native tokens.
It also strives to achieve security through the implementation of the Bitcoin anchored model to ensure the promotion of neutrality as well as the resistance of censorship. Plasma targets to serve the interests of two primary customers: individuals in high stable countries as well as institutions engaged in the payment as well as the financial services sector. By aligning the relevant interests of the users to the actual interests of the customers Plasma seeks to position itself as the actual settlement demand as opposed to being perceived as experimentation. @Plasma $XPL #plasma
The principle of privacy while delivering auditability is the core attribute of the Dusk Network. Usually in the traditional field of finance the information of the transaction is considered to be confidential while the regulators can access the information when the need arises. However the majority of the blockchains in the market do not offer this attribute to the users where the users can either enjoy transparency or remain totally anonymous on the network. There is the presence of selective disclosure as offered by the network of Dusk where the information can undergo the conditions of being private while also being auditable by the relevant authority on the network. @Dusk $DUSK #dusk
Dusk Network believes that one of its biggest strengths is its modular design. Because of this design Dusk enables financial applications to incorporate their own compliance regulations without altering the Layer 1 protocol. This is especially important due to the dynamic changing landscape of regulations especially when it come to regulations that are unique to certain countries or states. This enables the creation of institutional grade financial applications such as compliant DeFi ecosystems along with tokenized real world assets (RWAs). Because of its design . Dusk enables corporations to set their own regulations regarding the transfer of the asset, the eligibility criteria needed for the ownership of the asset and the disclosures that are necessary when it is used. Dusk is one of the few that enables the construction of a compliant and efficient decentralized ecosystem while also allowing a regulatory compliant system to be constructed simultaneously. @Dusk $DUSK #dusk
Dusk Network is described as a "Layer 1 blockchain" aimed at addressing the needs of "regulated" as well as "privacy focused" forms of "financial infrastructure." While many public blockchains focus primarily on "full transparency" as the primary aspect of focus, Dusk has decided to take an alternative route in designing their "blockchain" so as to align it with the "needs" of the "real world." This is primarily because "financial infrastructure" demands confidentiality as well as regulation. Dusk fills this need with the direct integration of privacy in its protocol yet maintains verifiability. Essentially, it allows financial activity to be private without compromising trust and hence compliance. This makes it suitable for use in areas like securities compliant financial products and even institutional settlement. In a way rather than fitting traditional finance into the mold of what is technologically possible on blockchains, they're fitting blockchains and blockchain technology into what is actually possible and realistic in regulated finance. @Dusk $DUSK #dusk
Dusk Network Privacy First Blockchain for Regulated Finance
Dusk Network is a Layer 1 blockchain for financial infrastructure that has regulated and privacy oriented characteristics. Dusk focuses on serving the needs of institutions which require confidentiality AND compliance to auditability, rather than aiming for full transactional transparency like other general-purpose blockchains.
Dusk’s Core Design is a Modular Network Architecture that allows developers and financial institutions to build applications that comply with regulations while leaving the base protocol unchanged. In this way Dusk is fully capable of meeting institutional requirements related to things like compliant decentralized finance (DeFi), regulated trading platforms and representing the issuance of OPT items as tokenised real worldl assets.
Dusk’s unique privacy/auditability model (Dusk uses a combination of encryption and off-chain data verification for privacy/auditability) allows transaction records and asset ownership to be kept private while enabling only authorized parties to verify compliance or request for audits. This is an essential requirement for both Regulators to have the ability to provide oversight AND for institutions to safeguard sensitive customer information and market position. @Dusk $DUSK #dusk
Walrus ist ein DeFi-Protokoll, das Datenschutz in sein Kerndesign integriert und es Benutzern ermöglicht, mit dApps zu interagieren, ohne die Einzelheiten ihrer Transaktionen offenzulegen. Die Governance- und Staking-Systeme von Walrus ermöglichen es den Benutzern, am Entscheidungsprozess teilzunehmen und helfen, das Netzwerk sicher zu halten. Einige der realen Anwendungen von Walrus umfassen die sichere Speicherung sensibler Daten für dApps, die eine dezentrale Cloud-Speicheroption für Unternehmen bieten, und ermöglichen es den Benutzern, ihre persönlichen Daten sicher zu verwalten. Durch die Nutzung der Sui-Blockchain kann Walrus sowohl hervorragende Skalierbarkeit als auch robuste Datenschutzmaßnahmen bieten. Der Ansatz von Walrus kombiniert dezentrale Finanzen, eine sichere Speicherlösung und eine Governance-Struktur zu einem Protokoll für die breite Nutzung. @Walrus 🦭/acc $WAL #walrus
Walrus provides a decentralized & privacy preserving data storage solution that allows users to take full advantage of scalability and resiliency. Walrus uses erasure coding to distribute encrypted datasets over a decentralized network so that files remain online as long as at least some storage nodes are functioning. In addition Walrus adopts a blob storage model when storing large unstructured datasets making it easy for users to access large amounts of data instantly. By combining these two approaches, Walrus enables users to have cost effective and censorship resistant storage options without having to rely on centralized cloud service providers. By utilizing the Sui blockchain, Walrus can support high transaction processing speed and low latency, which makes it well suited for data intensive applications. Walrus provides a secure foundation for decentralized applications businesses and individuals who require reliable and private storage options. @Walrus 🦭/acc $WAL #walrus
Walrus (WAL) the purpose of the Walrus protocol is to facilitate a masked decentralized privacy focused ecosystem. WAL allows users access to private DeFi functionality pay for services on the network and be involved with Walrus in terms of voting and protocol upgrade policies. Users stake WAL tokens within Walrus and utilise some of these tokens for participating in protocol governance. Walrus focuses on maintaining an environment in which transactions can be done securely and privately without exposing sensitive information. The economic incentives between DeFi privacy and Decentralised finance help position WAL as an effective solution to users' needs for privacy and decentralised control of financial/data systems based on the blockchain. @Walrus 🦭/acc $WAL #walrus
Ein datenschutzorientiertes Protokoll für dezentrale Daten und DeFi
Überblick über Walrus (WAL) Walrus (WAL) ist eine Kryptowährung, die vom Walrus-Projekt, einer dezentralen Plattform, erstellt wurde, die private, sichere und effiziente Blockchain-Interaktionen bietet. Der Fokus des Walrus-Projekts liegt darauf, ein datenschutzfreundliches System zu bieten, das mit dezentraler Finanzen und Speicherung für Benutzer kombiniert ist, die hohe Sicherheitszuverlässigkeit und Dezentralisierung als Teil einer einheitlichen Plattform benötigen.
Walrus (WAL) Token Der Walrus-Token bietet Zugang zum gesamten Walrus-Ökosystem und dient als Grundlage für wirtschaftliche Sicherheit und Beteiligung durch Staking, Governance, Abstimmungen und Transaktionsgebühren. Der Walrus-Token stimmt die Interessen aller Teilnehmer innerhalb eines Ökosystems ab, sodass das Protokoll weiterhin nachhaltig und dezentral wächst.
Obwohl es üblich ist zu hören, dass der Mangel an Bildung die Barriere für die Einführung von Web3-Technologie ist, ist der Bildungsaspekt nur ein kleines Stück des Puzzles. Das Kernproblem ist, wie die Infrastruktur innerhalb des Blockchain-Ökosystems entwickelt wurde. Die meisten der heutigen Blockchain-Protokolle wurden ursprünglich für frühe technische Anwender entwickelt und gebaut, die einen technischen Hintergrund hatten; sie wurden nie entworfen, um Benutzer zu unterstützen, die täglich mit Spielen, digitalen Medien, Markenplattformen usw. arbeiten. Wenn Sie Systeme auf Experimentierung versus täglicher Nutzung aufbauen, werden Sie schnell Reibung feststellen. Langsame Transaktionsgeschwindigkeiten, inkonsistente Leistung und übermäßig komplizierte Benutzerflüsse werden die Skalierbarkeit von Verbraucheranwendungen einschränken. Vanar Chain verfolgt einen alternativen Ansatz zur Einführung von Web3-Technologie. Indem es sich auf die Benutzererfahrung als primäre Anforderung konzentriert, hat Vanar Chain eine Benutzererfahrung mit vorhersehbarer Ausführung und niedrigen Latenzinteraktionen entworfen. Darüber hinaus wird es Integrationswege anbieten, um vertraute Verhaltensweisen im gesamten digitalen Ökosystem zu replizieren. Die Kombination aus Infrastruktur-first-Denken und diesen Integrationswegen ermöglicht es Vanar Chain, Anwendungen zu schaffen, die skalierbar sind, ohne die Benutzer mit komplexer Technologie vertraut zu machen. @Vanarchain $XPL #vanar
From Gamers to Global Brands How Vanar Aims to Bring the Next 3 Billion Users to Web3
Most blockchain technologies were created on an industry basis to attract early adopters rather than the general public. This results in a focus on the related needs and issues of composition as well as the potential for experimenting with technology while everyday users experience many impediments through the use of several variables (for example, number of wallets different transaction speeds etc.) in their experience with blockchain technology.
When it comes to consumer facing applications like gaming media or brand interaction the cumulative effects of these limitations accumulate quickly. Furthermore, the high level of frequency with which users interact with those applications will reveal latency, unpredictable costs, and design assumptions that are often out of alignment with what most users would expect. As a result of this ongoing reluctance of users to adopt blockchain technology, it will be hard for applications to expand beyond a highly tech-savvy audience.
Vanar Chain takes a completely different approach to this issue by viewing how consumers use and interact with blockchain technology as an issue of infrastructure rather than an application. Therefore, the Vanar network was created to perform high-throughput, low-latency transactions designed to be as predictable as possible, with simple pathways to build upon. The Vanar network was built to be capable of functioning in environments where users do not know that they are using a blockchain system. Choices made regarding design focus on improving consistency and usability, which allows Vanar to accept certain limitations in exchange for being very clear operationally.
The design aims to ease the burdens of developers at this time who are attempting to develop products for users who are not technical, allowing those developers to concentrate on developing engaging content rather than designing complex protocols. The long-term importance of this is that how shopkeeper adoption affects network relevance. For example, store owners, major corporations and other large organisations will typically adopt technologies based on how well those technologies perform over time when utilised regularly by consumers. As a result, systems designed for use on a daily basis (like traditional retail systems) are generally simpler to govern, manage and integrate into existing workflows than systems designed for other purposes. Therefore, when consumers use their preferred infrastructure in a familiar way, they will have a lower barrier to explore Web3 technologies without the need to invest vast amounts of time and money learning these technologies. Ultimately, the best and most long-lasting systems are often those systems that do not stand out and do not draw attention away from the core business functions of the users.
The best systems provide the necessary functionality to allow for continued growth and expansion and to continue to be adopted and utilised by additional customers and business owners regardless of their experience with similar systems or the day to day operations of the business. @Vanarchain $VANRY #vanar
$XPL Most blockchains are not specifically designed for payment transactions but are based on multiple different types of uses: transactions applications and what is being tested all share the same resources which creates friction against payment use cases over time. Due to the broad range of usage across all these uses fee structures are unpredictable and the behavior of settlements during congestion varies. Therefore the reliability of payments on a blockchain is going to depend on transaction volume and the overall utilization of the blockchain rather than the underlying requirements of payments themselves. Plasma employs a different design approach which views payments as core components of its infrastructure. Specifically the Layer 1 architecture of Plasma is built to optimize predictable settlements simplified execution paths and predictable throughput assumptions. Therefore by reducing scope and accepting limitations on capabilities the design of Plasma emphasizes the importance of operational clarity (and consistency) over flexibility. This allows a user to logically discuss payment behavior in all cases whereas the design of infrastructure with this limitation generally allows for more long term consistent operational performance relative to infrequent high volume usage peaks. @Plasma #Plasma
Plasma’s Layer-1 Design What Changes When a Blockchain Is Built for Payments First
The assumption that blockchains are neutral instruments for utilizing payment systems, applications and conducting experiments with one another without any friction is wrong; it is simply because most Payments require frequent certifying and need to be considered stable methodologies for value transition (e.g. Stablecoin) whereas General Execution Layer 1 blocks were designed for General Execution in lieu of Payment Processing. At scalability stage, the continual nature of payment process creates a significant amount of friction on the protocol. Transactions become routine rather than infrequent and therefore the connectivity of Fee Structures to Network Activity becomes increasingly erratic as the levels of transactional activity increase. The Fee Structures become intertwined with Network Congestion for Transaction Finality and so Certified Payments becomes increasingly less probable. With respect to numerous Tradeoffs Payment Processing is much more fundamental in Payment Flows than it is found to be in a raw sense. Therefore,consistent outcomes in Payment Flows, given Reliability and Predictability becomes necessary level infrastructure rather than just a preference placed outside of the system when established. Based on what PLASMA is doing differently, PLASMA treats payment flows as the primary Workload of their Blockless Chain Design. Therefore, it focuses on a solidly constructed Architecture for Predictable Settlement through Strategic Transaction Throughput and Execution Limitations. All aspects of Block Space Allocation Validation Assumptions, Fee Mechanics have been Optimized for the purpose of Supporting Repetitive Value Transfers rather than being used in an Open Ended Computational Model; and through Scope Limiting, the Protocol has accepted the limits placed upon itself as a Strategic Tradeoff, which ultimately minimizes the Complexity associated with the Payment Reliability Information Model.
The long term viability of payment infrastructures versus experimentation platforms will differ. All institutions require a consistent experience for their employees and clients when experiencing stress or calmness. Thus users want predictable costs and the same outcome each time they interact with it. In turn the ecosystem will become more robust over time because the core layer of monetary activity will take time to develop thus providing the services that depend on the ecosystem ample opportunity to prepare based on the stable defined layer it was built on.
PLASMA believes that the concept of specialization is a hindrance. When a blockchain is created for the express purpose of making payments dependability becomes part of that blockchain's character. @Plasma $XPL #Plasma
$DUSK Viele Netzwerke verwenden einen reaktiven Ansatz zur Einhaltung von Vorschriften, um nicht konforme Systeme mit Vorschriften zur Einhaltung zu versehen, sobald sie bereitgestellt werden. Das bedeutet fragmentierte, überflüssige und nicht skalierbare Compliance-Lösungen. Das Protokoll des Dusk-Netzwerks wurde mit der Annahme entwickelt, dass regulatorische Anforderungen von Anfang an in Kraft sein müssen, aufgrund der Natur vertraulicher Vermögenswerte und selektiver Offenlegung.
Das Protokoll des Dusk-Netzwerks wurde entwickelt, um vertrauliche Vermögenswerte, private Transaktionen und selektive Offenlegung bereitzustellen. Anstatt durch Überwachung durchgesetzt zu werden, wird die Einhaltung durch überprüfbare Nachweise der Compliance möglich gemacht. Mit diesem Protokoll haben alle Benutzer ein Standardniveau an Vertraulichkeit und regulatorischer Compliance.
Diese Infrastruktur wird geschaffen, um Benutzern eine Möglichkeit zu bieten, Vertrauen durch kryptografische Garantien zu entwickeln, anstatt sich auf einen Vermittler zu verlassen. Darüber hinaus bietet sie Institutionen vorhersehbare Überwachungsmechanismen. Letztendlich wird durch die Kombination dieser beiden [2] Überlegungen bei der Schaffung des Dusk-Netzwerks die langfristige Nutzung der Infrastruktur des Dusk-Netzwerks maximiert. @Dusk #dusk
The ability to audit is one of the most critical features of regulated financial systems. However; this doesn't mean that all data should be available to the public at all times. There are several different types of designs for Blockchain technology applications. Many use the design where all transactions are visible; therefore the user has to trust the centralised party providing access to the back-end facility for controlling who can see their information. This option is much more of a risk in the long term. The fundamental principle of Dusk Network is that it has been established so that both Confidentiality and Accountability can co exist. In terms of this principle, Dusk Network gives you the opportunity to conduct private transactions AND you can also conduct public proofs of Compliance with Regulations IN THE SAME INFRASTRUCTURE. As a result of this design you have the ability to present your Proof of Compliance to your Regulators without having to disclose sensitive information relative to your underlying Business Logic OR your Customer's Identity; thus building in this manner incorporates additional Cryptographic Processes to create Certainty and Long-Term Viability of the Technology and as a result Blockchain Applications developed in this manner will be compatible with existing Legal and Financial Infrastructure. @Dusk $DUSK #dusk
Privacy and compliance have frequently been considered opposing objectives in blockchain systems. Public ledgers favour transparency which makes the auditing process easier yet requires the disclosure of personal financial information. Private systems have a lower profile because of the need to develop trust by the regulator and other institutions based upon assumptions of those involved.
The structural tension between these two systems results in limitations upon the way that decentralised networks can operate in a regulated environment.
Dusk Network's approach is to look at the problem from an infrastructure perspective. Instead of making the choice between openness and confidentiality, it has been designed to provide a solution that allows the use of both through the introduction of selective disclosure policies that are implemented via the use of cryptographic proofs.
In the case of transaction information, the default is that transaction information is confidential. However, when required, regulators will still be able to ensure compliance with existing rules and regulations. This design also eliminates the need for external reporting. As a result, by using this design over time financial applications will be able to conduct themselves within the confines of the regulatory framework without normalising constant data exposure. @Dusk $DUSK #dusk
Dusk Network’s Approach to Compliance Without Compromising Confidentiality
The assumptions made by many that compliance and confidentiality cannot coexist are false. Many regulators are saying that if they are allowed to see your activity then you have lost your right to privacy. If they can see your activities they cannot regulate you or audit the activities, so they will not be accountable to you.
At an industry level the tension of these two constructs is what shaped the majority of the blockchain infrastructure. Public Ledgers allow for complete transparent usage of the blockchain and are able to be audited; however they will be extremely limited in terms of their applicability for regulated financial activity. Conversely Private Systems provide secure access but must therefore provide a level of trust and operational opacity. Because of this there are significant trade offs which mean that institutions have difficulty meeting their legal obligations without exposing sensitive information, while users of the blockchain must choose between having visibility into a system that reveals too much information or relying on a central authority for control.
This divide will continue to restrict the way in which decentralised networks may be used for real world financial activities. As a means of addressing these issues DUSK created an architecture where both committees and trustless protocols function as design constraints instead of as competing constructs. Therefore, using technology that allows the generation of selective disclosure DUSK built a network that uses privacy preserving cryptography while having confidential transactions and confidential asset data. By design, all transaction and asset data will remain confidential and all proofs of compliance may be created at any point in time in order to provide evidence of compliance, if necessary to regulators. The DUSK architecture serves to satisfy the needs of regulated use cases where auditability is required but where continuous public disclosure would not be appropriate. Therefore the DUSK model embeds these constructs into the protocol and reduces the need for reliance on external reporting systems and manual administration.
Understanding these key points of reference can assist in the context of this project: 1) This network will support applications related to regulated finance. 2) The network has been designed to provide privacy as the default. 3) Compliance will be provided through cryptographic proofs. 4) Information will be selectively disclosed and not disclosed globally. 5) The architecture of the network promotes deterministic behaviour. 6) Execution paths will be optimised for verification. 7) Governance will focus on the legal compliance of the network. 8) The infrastructure of the network will be designed to support institutional workflows. 9) Protocol decisions will be guided by the long term operability of the network.
This long term strategy is critical because the pace of change in financial infrastructure is generally slow. Institutions need networks that can withstand scrutiny from regulators over time without requiring repeated redesigns. Similarly users will have confidence in using networks that treat confidentiality as a structural property rather than a matter of policy. When privacy and compliance are enforced by the infrastructure instead of intermediaries, ecosystems will be better able to withstand market fluctuations. DUSK reflects a realistic and practical view of decentralised systems. While confidentiality of information can still be ensured, the accountability of decentralised systems can also be maintained. Balancing both ensures their long term viability. @Dusk $DUSK #dusk
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