CI
How it all works
Swarm is built on a modified version of the Waves blockchain, incorporating several key enhancements and custom features:
1
Block Time:
15 seconds, which is 4 times faster than original Waves, our legacy network
2
Address Prefix:
37xxxx… , easily distinguishable for SWRM addresses compared to 3pxxx… for Waves
3
Activated Features:
16 forward thinking features, activated by default at genesis
About Swarm ($SWRM)
The blockchain industry continues to evolve rapidly, with new platforms emerging to address the limitations of existing networks. Swarm ($SWRM) enters this landscape as a purpose-built blockchain that combines the proven foundation of the Waves ecosystem with custom enhancements designed to meet the demands of modern decentralized applications (dApps) and financial protocols.
Our whitepaper details the technical specifications, economic model, and strategic vision of the Swarm network, offering insights into how it aims to position itself as a leading blockchain platform in the years to come.
Cross-chain Connectivity
Swarm introduces an innovative approach to cross-chain connectivity, while also leveraging secure telegram bots as intermediaries for token transfers between networks.
Liquidity and Profit
Swarm places a strong emphasis on liquidity provision and sustainable profit generation to support the ecosystem's growth and stability.
Why us
Consensus Mechanism and Node Operation
Swarm employs a permissioned Proof-of-Stake (PoS) consensus mechanism during its initial phase, with plans to gradually transition to a more decentralized model over time.
Key aspects of the consensus and node operation include:
Initial Node Operators:
Approximately 10 trusted node operators, each subject to KYC procedures
Minimum Liquidity Contribution:
2,500 USD per operator, representing a 2.5% stake in the network
Gradual Decentralization:
A phased approach to increasing the number of node operators and reducing centralization
Source Code Access:
Initially closed-source, with nodes and explorer publicly accessible
Primary Objectives
Swarm's
Swarm introduces custom features and optimizations to create a high-performance network with a focus on liquidity provision, cross-chain interoperability, and sustainable tokenomics.
Performance
Provide a high-performance blockchain with 100 transactions per Second, quicker settlement due to liquid blocks, and fast leasing maturity (~4 Hour)
Efficiency
Low operational costs, Compact Block Size compared to EVM'S, Dynamic inflation rewards adjustment via Voting by Nodes Owners
Connectivity
Facilitate seamless cross-chain connectivity through innovative solutions
Ecosystem
Foster a vibrant ecosystem of decentralized finance (DeFi), automated applications (dApps), and revenue generating products, services, and games
Our success stories
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