Fogo is built using Solana Virtual Machine (SVM) technology, which means it is compatible with existing applications and tools in the Solana ecosystem, but optimized for more extreme performance. Extraordinary Speed: Fogo uses the Firedancer client (high-performance validator client) which allows block times of around 40 milliseconds and transaction finality of less than 2 seconds. Focus on Trading: Unlike public blockchains, Fogo is designed vertically for DeFi (decentralized finance). It already integrates features such as a built-in order book and native price feeds.
If you have heard about Virtua (TVK), at the end of 2023 they made a one-to-one (1:1) migration to the VANRY token. This is not just a name change, but also a move from being just a token on Ethereum to a coin on their own independent blockchain (Vanar Chain). Vanar Chain claims to have several competitive advantages, namely: Energy Efficiency: They place a strong emphasis on environmentally friendly aspects (carbon neutral).
Speed & Low Cost: Designed for transactions to occur very quickly with costs much lower than Ethereum.
VANRY is the native cryptocurrency token of the Vanar Chain ecosystem. In simple terms, Vanar Chain is a Layer 1 blockchain platform specifically designed for the entertainment industry, mainstream entertainment, and mass adoption. This project is the result of a rebranding of the previous project known as Virtua (TVK). @Vanar $VANRY #Vanar
Plasma tokens are digital assets used within the Plasma ecosystem, a scalability solution for the Ethereum blockchain. Plasma tokens allow users to perform off-chain transactions (outside the main blockchain) with low fees and high speed, while still maintaining security and decentralization. In the Plasma network, plasma tokens are used as "collateral" to perform off-chain transactions. When users want to make a transaction, they must deposit plasma tokens as collateral, which will then be returned after the transaction is completed.
Token Plasma (XPL) Currently, there is a project called Plasma Network which is a Layer 1 blockchain built specifically for payments using stablecoins (such as USDT). The original token is called XPL. Main Functions of XPL Token: Network Security: Used for staking by validators to keep the network secure. Transaction Fees (Gas Fee): Used to pay transaction fees on complex interactions (such as smart contracts). Governance: Token holders can vote on the direction of the project's development in the future. Unique Feature: This network allows USDT transfers without gas fees for regular users, as those costs are covered by an internal system supported by XPL. @Plasma $XPL #plasma
Unlike Bitcoin or Ethereum, which are fully transparent (anyone can see the contents of your wallet and the amount of your transactions), Dusk uses Zero-Knowledge Proofs (ZKP) technology. This technology enables: Private Transactions: You can prove that you have funds to make a transaction without having to reveal your total balance or personal details. Compliance: Although private, Dusk can still comply with legal regulations (such as KYC/AML). Financial institutions can issue assets such as stocks or bonds directly on this blockchain in a legal manner.
Dusk (previously known as Dusk Network) is a Layer-1 blockchain specifically designed for the financial sector with a primary focus on privacy and regulatory compliance. @Dusk $DUSK #Dusk
Dusk (formerly known as Dusk Network) is a Layer-1 blockchain specifically designed for the financial sector, with a primary focus on privacy and regulatory compliance. @Dusk $DUSK #Dusk
Additional Tips Active Period (Epoch): On Walrus, you pay for a specific duration (called Epoch). For testing, usually just one click is enough to save files for several days/weeks on the testnet. @Walrus 🦭/acc $WAL #Walrus
Here is a step-by-step guide to uploading your first file to Walrus Protocol: Step 4: How to View Your File After successfully uploading, your file can be accessed by anyone in the world through the Walrus Gateway. Enter your Blob ID at the end of this URL: https://publisher.walrus-testnet.walrus.site/v1/[ENTER_YOUR_BLOB_ID] @Walrus 🦭/acc $WAL #Walrus
Here is a step-by-step guide to uploading your first file to Walrus Protocol: Step 3: Uploading a File to Walrus There is an easiest way without needing to type any code, which is using Tusky: Open the Tusky.io website (this is a popular web interface for Walrus). Click "Connect Wallet". Drag and drop the file you want to upload (image, PDF, or text). Click "Upload". Your wallet will prompt you to confirm the transaction. Once completed, you will receive a Blob ID (a long unique code). @Walrus 🦭/acc $WAL #Walrus
Here is a step-by-step guide to upload your first file to the Walrus Protocol: Step 2: Get Free Tokens (Faucet) You need two types of tokens: SUI (for transaction fees) and WAL (for paying storage). Get SUI Testnet: In your wallet, look for the "Faucet" button or join the Sui Discord in the #testnet-faucet channel. Get WAL Testnet: Visit stake.walrus.site. Connect your wallet. Look for the "Get WAL" button or swap a little of your SUI Testnet for WAL. @Walrus 🦭/acc $WAL #Walrus
Here is a step-by-step guide to upload your first file to Walrus Protocol: Step 1: Prepare Your Wallet (Sui Wallet) Walrus is built on the Sui network, so you need a compatible wallet. Install Sui Wallet or Surf Wallet (Chrome extension or mobile app). Open your wallet settings, then change its network from Mainnet to Testnet. @Walrus 🦭/acc $WAL #Walrus
Walrus uses an algorithm they call Red Stuff. This allows data to remain readable even if 1/3 of the storage providers (nodes) are down or malicious. This makes Walrus much more resilient to attacks or technical disruptions compared to traditional storage systems. @Walrus 🦭/acc $WAL #Walrus
How to Use Walrus for Developers (Using CLI/SDK) If you are building an application, you can interact with Walrus using the HTTP API or CLI. @Walrus 🦭/acc $WAL #Walrus
How to Use Walrus for General Users (No Coding Required) You can try uploading files through community portals or dApps that are already integrated: Prepare Your Wallet: Use Sui Wallet (make sure to switch to Testnet mode). Get Tokens: Obtain SUI Testnet faucet, then exchange for WAL tokens on the official stake.walrus.site website. Upload: Use tools such as Tusky.io or Walrus Explorer to upload files. Simply select your file, pay the storage fee with WAL tokens, and you'll receive a Blob ID. @Walrus 🦭/acc $WAL #Walrus
Comparison: Walrus vs IPFS vs Arweave based on Main Blockchain: IPFS / Filecoin: Filecoin / Standalone. Arweave: Arweave (Blockweave). Walrus Protocol: Sui Network. @Walrus 🦭/acc $WAL #Walrus