Canxium Bridge: The Safest Crypto Bridge ๐
Building a bridge between Canxium and Ethereum is an extremely difficult task, as many hacks have occurred on supposedly impregnable bridges like Ronin and Binance, causing billions of dollars in losses. However, we have found a new solution that will be the safest bridge available today.
Normal centralized* bridges focus on protecting one or a group of private keys responsible for transporting assets between two blockchains. These private keys are very vulnerable when they must be deployed in an online environment, so it is very vulnerable to targeted attacks. With Canxium Bridge, we understand this weakness and offer a new solution that is much simpler and more secure. It is a combination of three different types of permissions, two of which are operated by cold wallets.
First type: Operator - This is a type of authority that has only one job, which is to monitor asset transfer events from this chain, then send a transaction with information about the transferred assets to target blockchain. This type must be operated by a hot wallet.
After the operator sends the asset information escrow transaction to the destination chain, the user can claim the asset after this transaction is confirmed by at least 10 blocks.
Second type: Guarder - This is a type of authority operated by a cold wallet, whose only task is to monitor the operator's actions, if the operator is found to have suspicious and inappropriate actions or transactions. Guarder will immediately stop all smart contract operations through a transaction pre-signed by the cold wallet. Since users have to wait at least 10 blocks to claim assets, the guard has a maximum of 9 blocks to send the transaction to stop the contract on the network - this is more than enough time to prevent any invalid activity by Operator. Because Guarder is operated by a cold wallet, all Guarder's transactions are already signed and prepared in an offline environment, so private key exposure is impossible.
3rd type: Admin - This is the highest authority operated by the cold wallet, with full authority to cancel all transactions that the operator has made if Guarder detects and stops the contract. In addition, only the Admin has the right to allow the contract to operate again after cleaning up invalid data and replacing a new operator when the old operator has been attacked.
Although this type of design has the disadvantage of doubling the cost of transporting assets, in return the safety is nearly absolute, as Guarder will be deployed on dozens of different server names and cancel all login permisions, it is impossible to attack the entire server to take over the guard to prevent it from sending transactions to pause the contract. Besides, the operator only has the right to use 30 percent of the assets. If he want to use more, he must have permission from the Admin, this helps reduce damage when an attack occurs.
Everything is ready, we will deploy this bridge tomorrow.
#canxium #ethereum $cau $eth #bridge
@BLOCX_TECH Thanks for this fantastic opportunity. Here is my link to the YT video https://t.co/ipL6u3Gwy9 . My discord username is
cryptition.captain I would like to invite @i_anonymous6@AmmarInfinity@Bob64217158 to BLOCX
๐ATTENTION TO ALL BLOCXERS & BOUNTY HUNTERS๐
โฐ11.09 - 11.10โฐ
A YouTube Video Competition is now live for all the content creators & also presents a wonderful opportunity to the ones who are yet to be! ๐คฉ
If you're a content creator or not, you can create an informative and engaging YouTube video about the BLOCX (More you show the better) and by doing that you will have a chance to grab a handsome prize while helping our community grow!
Requirements๐
Pick a Topic :
"Introduction about the BLOCX. and its' Ecosystem"
"How to Mine BLOCX."
"How to run MASTERNODES on BLOCX."
Length of the Video: Minimum 5 mins ( longer the better )
Language: Any
Links in video bio: socials, exchanges, website
Once Video is done, be sure to post it to:
Discord - https://t.co/ToC0rYTp4W
๐ฌbounty-general channel
Additional Criteria:
- Follow @BLOCX_TECH, like & retweet this tweet
- Tag 3 friends you would like to win and see their videos about $BLOCX
- Post your video link together with Discord Username and your $BLOCX wallet address under this tweet
๐PRIZES - 2000$ worth of $BLOCX ๐
1 x $400 worth in $BLOCX for the best video content
3x $200 worth in $BLOCX for 1st, 2nd and 3rd best content
5x $100 worth in $BLOCX for next 5 well made and informative content
10x $50 worth in $BLOCX for the randomly selected
#BLOCX #BLOCX_TECH $BLOCX
๐ฐ $10,000 giveaway ๐ฐ
Post your #BitcoinButton result to enter!
Rules:
๐ธ Retweet this post
๐ธ Follow @Binance
๐ธ Play #BitcoinButton
๐ธ Share a screenshot of your click number and one fact about #Bitcoin using the hashtags #BitcoinButton and #Binance
๐ฅThe Crypto Launchpad Giveaway๐ฅ
๐ Task: Up to $50 worth of TCL Partners' Tokens.
๐จโ๐ฉโ๐ง Referral: $25 worth of TCL Partners' Tokens.
Like, Retweet, and Tag your 3 friends in the comment!
Airdrop Link: https://t.co/vIV8ANTGEx
#cryptoairdrop#tcl#bitcoin#btc#Airdrops
๐ง Yupverse Airdrop ๐ง
๐ Task: โ 20 Million YUP (~$100) for 150 random participants
๐จโ๐ฉโ๐ง Referral: โ 20 BUSD for top 20 referrers
๐ Airdrop Link & Information: https://t.co/6v2BFr9AC2
#cryptocurrency#Airdrop#BSC#Bitcoin#BUSD#Yupverse#YUP#Airdropstario
๐ฅThe Crypto Launchpad Giveaway๐ฅ
๐ Task: Up to $50 worth of TCL Partners' Tokens.
๐จโ๐ฉโ๐ง Referral: $25 worth of TCL Partners' Tokens.
Like, Retweet, and Tag your 3 friends in the comment!
Airdrop Link: https://t.co/vIV8ANTGEx
#cryptoairdrop#tcl#bitcoin#btc#Airdrops
Weโre proud to announce our community points system: $cENERGY!
$cENERGY is awarded upon completion of community-oriented tasks, and will be a key metric in determining WL spots.
Wondering why we chose this process of determining WL spots, and how you earn $cENERGY?
๐งต๐ย 1/5
๐ฅ๐ฅ๐ฅ We're swooping in the second half of #๐ข๐๐ ๐ ๏ฟฝ๏ฟฝ๐๐ฎ๐๐ฒ๐ฟ๐๐ฒ ๐๐ฎ๐ฟ๐ป๐ถ๐๐ฎ๐น ๐พ๐น๏ธ #OEC Game Relay to share over 2๏ธโฃ6๏ธโฃ0๏ธโฃ K in ๐
Date ๐ 22 Feb 10:00 - 28 Feb 10:00 (UTC)
Entry ๐ https://t.co/FmSmKzD3tC
Rules ๐ https://t.co/Exczr8NcXK
1๏ธโฃ chain 9๏ธโฃ #GameFi projects ๐ท
๐ฅ Weโre excited to announce that our SuperLayer Community Launch Campaign was a massive success with over 100K signups and wallet claims!
You will still be able to join the community for future airdrops at https://t.co/vV1i3taLfu.
๐งต Thread below๐
๐LAN Network is an advanced blockchain that hosts businesses, services, and consumer applications in various domains.
Join LAN Network and enjoy:
๐นApp developer tools
๐นNFTs
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๐นand more!
#LAN#crypto#blockchain#Dapp#NFT
FANPAD launches the 1st ever Airdrop Campaign
FANPAD is on its way to lay first footsteps and show the love to the Fantom community.
๐ #Airdrop Details
๐นTotal Prize: $200,000 FAP
๐นEnd Date: 23:59 UTC February 15th, 2022
Go grab your $FAP now: https://t.co/39ge4lrjfI