Self Chain: Redefining Blockchain Interaction
Let's dive into key features and potential of SLF in this captivating thread! 🧵👇
1️⃣ Introduction: Self Chain (SLF) is a revolutionary Layer 1 blockchain introducing a modular, intent-centric access layer and keyless wallet infrastructure. By utilizing advanced technologies like MPC-TSS/AA, it simplifies multi-chain Web3 access and enhances user experience with self-custody wallets.
2️⃣ Technology: Self Chain uses Multi-Party Computation Threshold Signature Scheme (MPC-TSS) and Account Abstraction (AA) for a secure, keyless wallet infrastructure. Large language models (LLMs) interpret user intents to optimize transaction paths, making interactions intuitive.
3️⃣ Whitepaper Analysis: It shows Key features include modular design for flexible use cases, intent-centric access via LLMs, keyless wallets for secure self-custody, incentivized dApps to resolve user intents, and a scalable, secure architecture built on Cosmos SDK.
4️⃣ Use Case: The SLF token powers transaction fees, staking, and rewards within the ecosystem. dApps receive SLF for efficiently resolving user intents, promoting development, while users can stake tokens to participate in validation and governance.
5️⃣ Team and Leadership: Led by blockchain experts from Frontier, a multi-chain self-custody wallet provider, the team has a proven track record in secure, user-friendly blockchain solutions across 100+ blockchains.
6️⃣ Partnerships: Self Chain partners with industry leaders like DWF Labs, who joined as a validator node, enhancing the network's efficiency and decentralization. These partnerships are critical for ecosystem growth and stability.
7️⃣ Security and Audits: Security is prioritized through MPC-TSS technology for secure signing and regular third-party security audits to identify vulnerabilities and maintain network integrity, ensuring safe transactions.
8️⃣ Tokenomics: The SLF token has a total supply of 360 million, with allocations for migration (25%), equity investors (10%), validator nodes (28%), ecosystem grants (19%), foundation nodes (10%), and the team (8%) to ensure sustainable growth.
9️⃣ Exchanges: SLF is listed on major exchanges like Binance, Bitget, Bittrue, KuCoin, MEXC, providing liquidity and accessibility for users. The token can be traded against USDT, boosting its adoption and market presence.
🔟 Recent Developments: Self Chain recently migrated from FRONT to SLF tokens, backed by strong community support. Validator network expansion and keyless wallet infrastructure enhancements mark significant progress in the project’s roadmap.
1️⃣1️⃣ Conclusion: Self Chain ($SLF) is set to revolutionize blockchain interaction through its modular design, intent-centric access, and keyless wallets. With strong partnerships, innovative technology, and a robust token model, it’s well-positioned to drive mainstream adoption in Web3.
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