EverKit – All about TVM blockchains
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EverKit team's channel about Everscale network

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TVM yields 📊

▶️EVERSCALE Farming (TOP-3)
WBTC/WEVER: up to 22.63% APR
QUBE/WEVER: up to 91.36% APR
WBTC/BRIDGE: up to 119.1% APR

▶️EVERSCALE Staking
Default: up tо 8.0% APY
Boosted: up to 21% APR

▶️TON Staking
Default: up to 5.63% APY

▶️GOSH Staking
Default: up to 24% APR

📚 Useful Guides:
Everscale Staking
Everscale Farming

#farming #yield #staking #post
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START unlock on EverStart 🟣

Today (18.06.23) the START unlock (8.34%) will be held on EverStart.

#everstart #ever #start #tokens #news #post
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Vote on the proposal to hold Everscale marketing campaign has started 🗳

We remind you that the Everscale PR Team, Broxus, Blockchain Family, and EverKit have joined forces and put the 2nd proposal for voting.

🖋 Full plan of actions

🔗 Go to the proposal and vote

#ever #dao #vote #proposal #post
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TVM Blockchains Weekly Digest 🎙

▶️Everscale developer became the winner of the CryptoDaily Awards 2023

▶️The Nümi Club platform is launched in the Venom testnet

▶️Ambassador Labs integrate the GOSH AnyTree solution into their product Telepresence

▶️In the GM marketplace, you can now pay for physical goods with Toncoin

▶️Discussion of experts in the field of Web 3 was held on the Crypto Match platform

▶️New article about "How a scalable blockchain should work" has been published in the Deep Tech section

▶️A series of missions from EVERPLAY and Venom Foundation is announced

▶️1st article in the new section "How to Broxus" is about the current and future EVER Wallet functionality

▶️The last unlock of the START token took place on the EverStart platform

▶️New video about Gravix platform has appeared on YouTube

▶️The 2nd proposal to conduct an Everscale marketing campaign is available for voting on EVER DAO

#digest #post
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The Broxus Times #10 review 📰

🛑An AMA session with Broxus founder Sergey Shashev and Everscale Node developer Vyacheslav was held. Participants discussed the Venom and Everscale connection, Broxus' role in Venom, SMFT and REMP roadmaps, the drivechain, and plans for further integration of Everscale into the South Korean market after listing on Bithumb.

🛑The Everscale.network website received a major update: each product on the website now has a separate page with a detailed description and key features. The Everscale Use Cases Page was added.

🛑JetBrains has updated T-Sol (a plugin for writing TVM-based smart contracts) to version 1.3.

🛑Magomed Aliev, Gravi founder, won the CryptoDaily Award 2023. The news resource noted Magomed's important role in the development of key ecosystem applications in Everscale and Venom networks, as well as his creation of the Locklift development environment for Venom contracts.

🛑The CryptoMatch platform hosted a Real Time Match event between networking partners Alexander Goncharenko and Denis Kalyshkin. Two top specialists discussed fundraising strategies and Web3 in depth.

🛑Broxus presented its new regular «How to Broxus» column, where the team will provide reviews of their products and cover cutting-edge topics.

🛑According to the S&P 500 (a stock index that tracks the stocks of the 500 largest U.S. companies), only 10 companies accounted for 90% of the index's year-over-year growth, indicating stagflation — low growth and high inflation in the market.

🔗 Read the full version

#broxus #news #post
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The AMA session with Slava Semenchuk will be held today 🎮

Join the AMA session with Everscale and the DOKDO DAO discord community, where DeFi Alliance representative Slava Semenchuk will answer questions.

Time: 11:00 (UTC)

🔗 Link

#ama #post
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👁 Types of Blockchains

Blockchain
is a decentralized, uneditable database stored on multiple computers that provides data security and transparency by using cryptography and consensus algorithms.

The main types of blockchains are:

▶️Public [Everscale, Bitcoin, Ethereum]: available to all participants without restriction. Anyone can join the network, participate in the consensus process and view all data and transactions in the blockchain.

Pros: decentralization, transparency, security, network effectivity

Cons: scalability, privacy, decision complexity

▶️Private [Hyperledger]: restricted to certain members or a group of organizations. Access can only be allowed by invitation or using permissions. Typically used in corporate sectors and can have higher bandwidth and confidentiality.

Pros: confidentiality, scalability, management and control, fast transaction verification

Cons: limited trust, vulnerability to manipulation, infrastructure costs, limited network effectivity

Blockchains that are a combination of public and private:

🔵Consortial [R3 Corda, Global Shipping Business Network]: have different consensus models and are typically used in business areas where participants interact based on trust. In this approach, multiple participants agree on blockchain management and key decision-making.

🔵Hybrid [Venom, XinFin, IBM Hybrid Blockchain]: allow participants to keep some data private while keeping other aspects open and transparent. Can be useful in a variety of scenarios where a balance between privacy and openness is required.

Pros: privacy, performance, trust, scalability, flexibility and control

Cons: limited decentralization and network efficiency

❗️Before choosing a blockchain, it is important to analyze the requirements and goals of the project. The most appropriate type of blockchain will depend on the specific use case.

It is also worth considering that blockchain is a technology that is still evolving, which lays the potential for new hybrid solutions that combine the advantages of different blockchain types.

#education #post
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Everscale Bounties Program 🎁

Interested in the positive Everscale dynamics? Have a specific idea or proposal to improve the project? Then this is your opportunity to make history. Take part in a new Everscale contest.

1️⃣ Come up with an idea with real value for the network
2️⃣Fill out the form on GitHub
3️⃣Wait for the contest results

💰 Prize pool: $500
Equivalent to $100 in any cryptocurrency for the top 5 submissions.

Don't waste time, submit your application now and it will be reviewed within two weeks.

🔗 Find out more about the contest

#ever #contest #post
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Ask your questions to the Pi Union team 🎤

Today (21.06.23), an AMA session with the Pi Union team, an Everscale partner, will take place.

📄 Pi Union will answer questions regarding the team's work results.

🕑 Time: 16:00 (UTC)

📹 Link: youtube.com/watch?v=a9uYcLAoySU

Join!

#ama #partnership #post
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Venom Whitepaper: Ecosystem 🍔

The Venom Foundation is a non-profit organization responsible for managing the development of the Venom blockchain and promoting its adoption. It seeks to bring new life to the Everscale-born technologies and core concepts by combining them with intelligent management and compliance.

The Venom blockchain is a community-driven network that empowers its participants: users, validators, and developers.

The Venom Ecosystem

Venom blockchain offers a comprehensive ecosystem that includes various tools and services: Venom Wallet, Venom Scanner, Venom Pools for staking, Venom Bridge.

All of these products were developed by third-party teams participating in the Developer Program.

The Venom token

The VENOM token is the primary currency used within the Venom blockchain. It is designed to act as a utility token.

The Venom blockchain has an inflationary model, meaning no fixed maximum supply of tokens exists. However the Venom Foundation is exploring ways to transition to a deflationary model.

The initial token supply for issue during the mainnet launch is 7,2 bn VENOM with 84,5% under lock.

Cross-chain communications
 
By using a cross-chain communication protocol for heterogeneous chains, the Venom blockchain can maintain interoperability between public and private networks, which opens up the possiblity of creating powerful user cases:
 
🛑Public-to-Public workchains are open for communication with each other and can maintain shared liquidity in
🛑Private-to-Private workchains are suitable for CBDC and crypto payments where privacy and compliance are essential
🛑Public-to-Private workchains enable the creation of a system where two types of assets are strongly connected

#venom #whitepaper #review #post
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Proposal to hold the Everscale marketing campaign was not accepted

The proposal did not meet the minimum vote threshold on EVER DAO.

This time, there was an overwhelming majority in favor, with 1,210,525 coins cast for and 150,332 against.

According to the comments, many users supported the initiative, indicating that Everscale needed a marketing campaign, but part of the community did not share this opinion, since the campaign plan seemed to users not detailed enough.

#ever #dao #vote #proposal #post
Broxus' June CBDC digest review 🗒

🛑The Eastern Caribbean Central Bank (ECCB) pilot with DCash, the central bank's digital currency, has expanded its reach to integrate eight countries in the Eastern Caribbean region.

🛑Philippines opposes CBDCs, stating that digital dollars have no support or point. Central Bank of the Philippines is not interested in issuing retail CBDCs due to concerns about loss of payment confidentiality. Polls also show that only 16% of Americans support issuing a CBDC, with concerns about government surveillance and control over spending.

🛑Central Bank of Israel explores ways to enhance network effects of its digital currency, including government payments, efficient payment methods, and peer-to-peer transactions.

🛑Mauritius plans to launch a CBDC «sandbox» application process and invites participants to pilot their projects in November 2023.

🛑Kazakhstan plans to release a digital tenge CBDC in 2023, starting with a social assistance distribution platform.

🛑The Reserve Bank of India (RBI) has launched a CBDC pilot project in four cities, with plans to add four more banks in 10 cities in the future.

🛑IMF highlights the challenges faced by Nigeria's e-Nira CBDC and the need for coordinated policy action and integration with mobile money.

🛑Circle's Singapore subsidiary has been licensed by the Monetary Authority of Singapore (MAS) to provide digital tokenization and money transfer services in Singapore.

🛑SWIFT and Chainlink partner with financial institutions to test tokenized asset transfers using the Swift infrastructure.

🛑In Japan, Mitsubishi UFJ Financial Group plans to issue stablecoins on various public blockchains using bridge technology and the Progmat Coin protocol.

🛑Korean Securities Depository (KSD) plans to create a platform for securities tokens and explore interoperability protocols with blockchain companies R3 and Adhara.

🛑SEC initiates proceedings against Binance and Coinbase, alleging unregistered activities and violations of federal securities laws. SEC Chairman Gary Gensler states that the SEC's actions are designed «to support innovation».

🛑Hong Kong is opening the doors to legal retail cryptocurrency trading as of June 1, allowing registered exchanges to offer regulated services. China's Huobi was first in line, having applied on May 26 for trading in digital assets, including Bitcoin and Ethereum.

🔗 Read more in the original

#ever #cbdc #digest #post
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New Thursday is the new Everscale Deep Tech 🗂

The topic of today's post is scalability. As part of the column, we will compare approaches to solving scalability problems in Ethereum and Everscale networks. So:

🔵Blockchain technology offers five major advantages: decentralization, stability, transparency, traceability of network changes and freedom from censorship

🔵These fundamental characteristics of blockchain, in turn, rob the system of its ability to scale because decentralization, by definition, limits the number of transactions that blockchain can process to the scale of a single node in the network

🔵Ethereum faces three major technical challenges: scalability limitations, lack of wallets for smart contracts, and insufficient transaction privacy

🔵Ethereum's scalability limitations result in expensive transactions and slow transaction processing times during periods of high network activity

🔵Rollups, a technology for Layer 2 protocols where multiple transactions are combined into a single packet which is then validated in a Layer 1 blockchain, are seen by Vitalik Buterin as the only way to solve the scalability problem in Ethereum

🔵They can significantly increase throughput by moving computation and state storage off the network

🔵Everscale solves the scalability problem by data sharding and execution sharding

🔵Everscale can handle up to a million transactions per second at low cost, regardless of network congestion, using parallel execution of smart contracts

🔵Everscale allows you to create separate workchains to host different business applications (dApps), providing flexibility and fine-tuning capabilities

🔵Ethereum's improved scalability with rollups looks promising, but may not be enough for high-demand systems

🔵The Everscale approach already offers a workable solution for hosting highly loaded systems with instantaneous processing of large numbers of transactions at a low cost

🔗 Jump to the article

#ever #deeptech #post
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AMA session with Pi Union review 📝

A few days ago, Everscale partner Pi Union team held an AMA session, where they answered questions from the participants about the results of their work.

Here are the main points:

🔵Pi Union is a licensed fintech ecosystem offering Everscale blockchain-based financial applications

🔵Pi Union is not a bank, but provides similar services through the Evercash mobile app. The system integrates with European bank accounts and conventional bank card programs

🔵Customers can open a bank account and order a bank card, but KYC clearance and European Union residency will be required

🔵Pi Union has issued «EUPi» stablecoin, which, as part of the platform, can be exchanged for other assets and used for payments

🔵The company applies various security measures and audits its ecosystem to ensure the safety of users' funds

🔵The project team prepared a report detailing the principles of integration with Everscale, customer base, cashback program, stablecoin turnover, etc.

🔵Trial of the ATM concept, which allows users to withdraw and deposit in local currency, was successfully conducted

🔵The developers see the further development of the global financial system as the interconnection between traditional financial institutions and cryptocurrencies, as the popularity of digital currencies in the world grows

➡️ Future plans of the company:

▶️Creating a network of ATMs
▶️Competition with European banks
▶️Entering Balkan region in 2-5 years
▶️Further cooperation with Everscale
▶️Support for Venom Network, stablecoin listing

▶️Go to full video (25 min.)

#ever #venom #ama #piunion #review #post
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