We're excited to reveal a new concept we've been working on for the last 6 months.
Coinweb Staking 2.0
Head over to our dashboard and grab 50% Rewards from the first initial pool, the next batch of rewards will be available in Q1 2024.
☴ More details:
https://t.co/Y6cYqElGI6
Coinweb's vision:
"Eliminate the barriers to blockchain adoption by providing a computational layer that lowers the cost, complexity, and risk of chain failure."
To achieve this, we have designed a unique set of features for people building on top of Coinweb. Here is a simple breakdown of our key features:
Scaling and Cost-Savings
Our L2 batches transactions, slashing gas fees by up to 90%, scales blockchain ops by easing L1 load, and boosts computational scaling with parallel smart contract execution. Here are a few examples of our Max TPS: 32,000 on $BNB, 12,000 on $MATIC, and 2,000 on $ETH.
Gas Fee Abstraction
Coinweb lets users transact in dApp's native tokens without the need of holding various L1/L2 native tokens, simplifying UX and boosting dApp adoption by standardising fees with $CWEB and enhancing interoperability.
Reactive Smart Contracts
Our RSCs introduce self-paying wallets that scan events for autonomous cross-chain actions without external payments, enabling complex functions like non-custodial staking and efficient user interactions in a trustless setup.
Blockchain Routing System
Our Blockchain Routing System uses dynamic smart contracts to monitor blockchain health, switching chains as needed to ensure dApps run smoothly without interruption, enhancing user trust and app reliability.
Unified Development
Using WASM, we open dApp development to 40+ languages like JS & Python, broadening developer inclusion and compatibility, and fostering innovation in the blockchain space.
Looking to build on #Coinweb? Join our telegram group (https://t.co/gNecAP3TFt) and talk to the team.
🔥 Curious about what's been brewing at Coinweb this October? 🍂
Our latest Monthly Spin is packed with alpha and updates. 🔗 No tricks, only treats. Read more👇🏻
https://t.co/KqDQunU3RQ
We have just launched a solid foundation for our evolving ecosystem:
🔐 #CoinwebWallet: Wallet
🔄 #DeconX: Native L2 DEX (MVP)
🪙 #LinkMint: Tokenisation (MVP)
🛠️ #Coinweb: Infrastructure
Next up: Public SDK Access 🛠️
NOW LIVE - The Coinweb Wallet
Where #Web3 meets innovation and simplicity. 🌟
Securely manage, trade, and even CREATE digital assets with ease. Ready for a wallet that's more than a wallet?
📲 Available on AppStore & Play Store!
Read more: https://t.co/5JqJXeNv34
Exciting numbers from our Protocol.
We are eager to see the waves our new #CoinwebWallet, #LinkMint, #DeconX, and first SDKs will make! 🌊
Don't forget to sign up for our newsletter: https://t.co/0kxDFFyKlx
Discover how Coinweb stands apart from rollups in our latest deep dive 🌊
Diving into the future of blockchain scalability with our revolutionary 'referee' mechanism!
Lengthy on-chain processes = 🚫
Rapid, decentralised tx validations = ✅
https://t.co/3ra5sQBNIk
Just received a question on how Coinweb can help make cross-chain operations better. Here is a graphic, and an answer from our Chief Architect @AKCoinweb 👇🏻
“Coinweb can assist in building better bridges. For instance, it can help establish what is known as a native bridge, which is the most complex minimal trust type. This bridge will parse proofs of deposit on another chain.
This process requires a bit of gas and also entails a reimplementation of the consensus protocol within the smart contract, which can be complex and challenging. Reorganisations can also be a headache, which is why native bridges often don't support blockchains without immediate finalisation.
What Coinweb can facilitate is the monitoring of both layer 1 protocols, ensuring that the deposit and release are conducted correctly, and utilising layer 2 collateral to facilitate its operation.
This approach does not necessitate a reimplementation of the consensus protocol, is compatible with blockchains lacking finalisation, functions on Bitcoin, and Coinweb does not require a separate consensus blockchain.
Coinweb (core) is not a bridge but rather a cross-chain computation platform that offers more tools to those looking to build bridges.”
The Coinweb Wallet
Securely send and receive digital assets over P2P networks
Seamlessly send, receive, and trade cryptos across the most secure blockchains. Explore the world of blockchain with confidence. One wallet, multiple networks.