Self Chain — an ambitious blockchain project focused on simplifying user interaction with Web3 technologies. Utilizing innovative methods such as keyless wallet infrastructure and multi-chain interaction technologies, Self Chain aims to make blockchain technology accessible to a wider audience. The project is built on Cosmos SDK, a well-known architecture that supports high performance and scalability. Self Chain’s foundation lies in a modular approach that allows for network functionality customization according to user needs and adaptation to various decentralized applications (dApps). Self Chain also supports NFT integration and offers users opportunities to earn through staking and project governance.
- Overview of Self Chain
- Architecture and Technical Features
- Tokenomics and Earning Opportunities
- NFT and Cross-Chain Interaction Support
- Advantages and Development Prospects
Overview of Self Chain
Self Chain — a Layer 1 blockchain specifically designed to simplify work with Web3 applications, supporting high transaction speeds. Utilizing Cosmos SDK and Tendermint consensus, the project has the potential to ensure network security and stability, even as the number of participants grows. These technologies help handle high transaction volumes without speed loss and enable work with large data volumes required by decentralized applications (dApps). Cosmos SDK also simplifies integration with other blockchains, providing cross-chain interaction capabilities.
Self Chain stands out among other projects due to its user-centered approach. A notable feature is its modular architecture, which allows the system to adapt to various use scenarios. The project offers a keyless wallet infrastructure, eliminating the need for users to manage private keys by replacing them with cryptographic Multi-Party Computation (MPC) and Threshold Signature Schemes (TSS). This innovation provides high security, protecting against private key compromise, making Self Chain safe and user-friendly.
Self Chain also employs large language models (LLM) to optimize user interactions. These models help interpret queries and tasks, enabling users to interact with the platform using natural language rather than blockchain-specific commands. This is particularly useful for newcomers, helping expand the project's audience.
Architecture and Technical Features
Self Chain is built on Cosmos SDK, which provides flexibility and scalability crucial for handling large data volumes and high transaction frequencies. The Cosmos SDK architecture allows the project to create modules for each blockchain function, simplifying the addition and customization of new features. This makes Self Chain adaptable and compatible with various applications and decentralized solutions.
The network's core is the Tendermint consensus algorithm, which ensures fast transaction processing and block finalization in seconds. Tendermint is known for its efficiency and ability to reduce energy consumption, which is especially important as the number of users rapidly grows. The combination of Tendermint and Cosmos SDK enables Self Chain to process thousands of transactions per second, making the network one of the most performant in the blockchain industry.
A key architectural feature is the keyless wallet infrastructure, based on Multi-Party Computation (MPC) and Threshold Signature Schemes (TSS). This innovation allows users to avoid worrying about private key storage — instead, the system distributes data across multiple participants, enhancing security and reducing loss risks due to key compromise.
Key technical features of Self Chain include:
- Cosmos SDK: provides flexibility and modularity, enabling the addition of new functions and adaptation of the system to different use scenarios.
- Tendermint Consensus: a fast and energy-efficient algorithm that ensures high throughput and network security.
- Keyless Wallet Infrastructure: based on MPC and TSS, allowing funds security without private key management.
- Cross-Chain Interaction Support: enables asset and data transfer between various blockchains, expanding the network's capabilities.
- Use of Large Language Models (LLM): helps the system interpret user queries, simplifying platform interaction and making it more accessible to newcomers.
- NFT Support: Self Chain allows the creation, transfer, and use of NFTs in various dApps, opening new opportunities for developers and users.
This comprehensive approach makes Self Chain a reliable and high-performance platform, capable of adapting to various user needs and effectively addressing blockchain industry challenges.
Tokenomics and Earning Opportunities
The native token of Self Chain is SLF, which serves multiple functions within the ecosystem. Primarily, the token is used to pay transaction fees, ensuring smooth network operation. SLF is also utilized in staking — users can delegate their tokens to validators and receive rewards for securing the network. This makes Self Chain appealing to long-term investors and ecosystem participants seeking stable returns.
The SLF token distribution is divided into several categories:
| Category | Amount (million) | Percentage |
|---|---|---|
| FRONT to SLF Migration | 90 | 25% |
| Investors | 36 | 10% |
| Validators and Network Growth | 100 | 28% |
| Ecosystem | 68 | 19% |
| Foundation Nodes | 36 | 10% |
| Team | 30 | 8% |
In addition to staking, SLF is also used for network governance. Token holders can participate in voting, influencing the future development of Self Chain. This system ensures decentralized project management and encourages active community involvement.
NFT and Cross-Chain Interaction Support
Self Chain actively supports NFTs (non-fungible tokens), which opens numerous opportunities for developers, artists, and digital asset collectors. With Self Chain, users can create, trade, and manage NFTs, which is especially relevant in the world of digital art and gaming. NFTs on the Self Chain platform have built-in security mechanisms and can be easily integrated into dApps, providing new interaction pathways for users.
Thanks to the use of Cosmos SDK, Self Chain supports cross-chain interaction. This means that users can transfer assets between different blockchains without relying on third-party services. The ability to exchange assets and data with other blockchains enhances Self Chain's appeal, as it simplifies interaction with other platforms and expands the project ecosystem.
Advantages and Development Prospects
Self Chain offers a range of benefits that make it attractive to both users and developers. Key advantages include:
- High transaction speed thanks to Tendermint consensus and Cosmos SDK architecture.
- Secure keyless wallet infrastructure, providing fund protection without the need for private key management.
- Support for NFTs and cross-chain interaction capabilities, making Self Chain a versatile platform for various types of digital assets.
- Flexible tokenomics and earning opportunities through staking and project governance participation.
Self Chain’s development prospects include ecosystem expansion, attracting new dApps and partners, and enhancing user experience by introducing new tools and integrations.
Self Chain — an innovative blockchain platform focused on creating a secure, accessible, and high-performance environment for digital assets. The project combines advanced technologies such as keyless wallet infrastructure, cross-chain interaction support, and NFT capabilities, making it appealing to users and developers. With its flexible architecture and earning opportunities, Self Chain opens new perspectives in the world of decentralized applications and Web3.
