TB
Telegram Bot Intermediaries
24/7 operation to facilitate secure token transfers
AS
Approval System
Generates addresses and memo/hex values for transfer validation
CI
Smart Contract Integration
Contracts on both source and destination chains to ensure transfer integrity
SF
Security Focus
Minimizes risks associated with traditional web gateways
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 1st Gen Master Node 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
5/5
\”The Swarm Wallet Bot makes it so easy with the click-button interface compared to the command line.\”
4/5
\”I appreciate that Swarm Team under promises while over delivering, that’s a rarity in the crypto space.\”
5/5
\”Your quick development cycles show how committed and driven by passion you guys are. Especially when it comes to delivering useful usable products.\”
4/5
\”I really love how Swarm Chain seeks out ways to reward those who contribute to the ecosystem!\”
4/5
\”WOW! this blockchain is knock your socks off fast and efficient…can’t wait to see where you will be at in a year from now.\”
Latest From
SWaRM Blog
Network Architecture of Swarm: A High-Performance Blockchain Solution
Network Architecture of Swarm: A High-Performance Blockchain Solution
swr-dev
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November 2, 2024
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Swarm represents a powerful adaptation of the Waves blockchain, designed with a focus on speed, flexibility, and user-centered features. By building on …
Swarm’s Revolutionary Cross-Chain Connectivity: A Secure Solution Using Telegram Bots
Swarm’s Revolutionary Cross-Chain Connectivity: A Secure Solution Using Telegram Bots
swr-dev
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November 2, 2024
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Blockchain technology has brought decentralization and transparency to digital transactions, but interoperability between different blockchain networks remains a major challenge. Swarm has …
SWaRM Unlocking Infinite Possibilities
SWaRM Unlocking Infinite Possibilities
swr-dev
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October 28, 2024
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Swarm introduces an innovative approach to cross-chain connectivity, leveraging secure telegram bots as intermediaries for token transfers between networks. Swarm ($SWRM) represents …