#dappOS推出基于其意图网络的现货交易 #BinanceWeb3Wallet

▌What is the relationship between dappOS and Binance?

dappOS is a pioneer of the intent-centric operating protocol. It was one of the 12 finalists in the 5th season of the Binance Labs incubation program in November 2022, beating out over 900 other projects vying for the exclusive elite project podium that Binance pays attention to.

Binance Labs is a leading global project launch platform and incubator with stringent selection criteria, so when a project passes Binance's exclusive review process, it attracts significant attention.

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Quote from Binance co-founder and head of Binance Labs He Yi:

"Binance Labs has been actively seeking scalable and recession-resistant projects, which we believe are vital for the development of the Web3 industry. Our incubation program aims to empower early Web3 founders to reach their full potential, regardless of market conditions." (Source)

By creating the first intent-centric operating protocol, users will be able to conduct effective transactions based on intent rather than being transaction-specific. This concept has generated enough excitement that dappOS recently completed a seed funding round co-led by IDG Capital and Sequoia China, following a pre-seed funding round by Binance Labs.

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▌Introduction of the dappOS Founder

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▌dappOS Funding Experience

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▌dappOS Security

dappOS has developed a robust security approach that is reflected in every working mechanism of the platform and has undergone multiple security audits by Certik, Bits of Trail, and Secure3. Perhaps most impressively, the dappOS team not only successfully built all of this but did so in a decentralized, non-custodial manner, embodying the true spirit of crypto and Web3.

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Let's take a look at the security of the different working components.

dappOS Account Security

dappOS accounts are decentralized and non-custodial. Security relies on the user's private key and the underlying public blockchain network itself. This is inherently very strong, but it should be noted that the recovery method chosen by the user can also affect the security level. For example, if a user uses email as a recovery method, the email server may be a potential vulnerability.

Each virtual wallet can only be accessed by providing the correct signature and is bound to an immutable virtual wallet management contract that records the owner's address at deployment. Every transaction of the wallet requires signature verification, eliminating the possibility of unauthorized access.

dappOS Network Security

For client users, the only way to lose assets is by sending them to a server node that cannot perform the correct service, but these situations can be addressed through over-collateralization. The dappOS network ensures that the assets locked by the receiving input node exceed the input assets. Through over-collateralization, the dappOS network can ensure that orders are executed as expected, or the server node refunds transaction costs.

dappOS Network Node Security

The network security of dappOS is managed by the DPOS consensus mechanism, a proven and validated consensus that also protects the security of protocols like EOS, Cosmos, and Tron.

Supernodes cannot access the assets of server nodes, thus eliminating potential vulnerabilities. The year 2023 has been particularly bad for bridge hackers, while for dappOS, the risk exposure is much lower, as dappOS only needs to lock the same number of ongoing transactions instead of funding the entire pool.

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▌dappOS Evaluation Summary

The dappOS team is building something truly unique and urgently needed in the DApp space. By providing end-users with a user-friendly front-end interface and a seamless Web3 experience, while creating a supportive ecosystem for DApp builders to benefit in multiple ways, dappOS is overcoming two major barriers currently facing the crypto industry.

dappOS strives to quell the most obvious criticisms against Web3 adoption, addressing claims about how DApps provide complex user experiences while also tackling flaws caused by isolated blockchain networks. It's no wonder that Binance Labs has shown great interest in dappOS, which also boasts numerous supporters and will undoubtedly stand out in the future market!


#dappOS推出基于其意图网络的现货交易 #BinanceWeb3Wallet