What is Self Chain?
Self Chain (SLF), formerly known as Frontier (FRONT), is a pioneering Modular Intent-Centric Access Layer-1 blockchain designed to offer keyless wallet infrastructure services. Utilising Multi-Party Computation (MPC), Self Chain facilitates multi-chain access to Web3 applications, positioning itself as a strong contender in the evolving landscape of decentralised technology.
Key Features of Self Chain
Intent-Centric Functionality
Self Chain integrates the concept of Intent into its blockchain applications, making it an ideal platform for a variety of use cases across different sectors, including:
- DeFi & dApps: Enables developers to create decentralised applications that cater to user intent.
- GameFi: Supports Modular-Intent to enhance gaming experiences through blockchain technology.
- Keyless Wallets: Provides a secure yet user-friendly method of accessing digital assets without the need for traditional keys.
- Enterprise Solutions: Simplifies complex workflows to improve operational efficiency at an enterprise level.
Decentralised Architecture
The architecture behind Self Chain employs a decentralised MPC-TSS/AA (Threshold Signature Scheme/Account Abstraction) framework, offering a host of advantages:
- Developer-Friendly SDK and API Access: Easy integration for developers looking to build on the platform.
- Interoperability: Supports Inter-Blockchain Communication (IBC), ensuring seamless connectivity with other blockchains.
- Ethereum Virtual Machine Compatibility: Allows existing Ethereum developers to quickly adapt to Self Chain’s ecosystem.
The SLF Token
SLF serves as the utility token within the Self Chain ecosystem, playing a critical role in various functions:
- Transaction Fees: Used to cover gas fees associated with transactions on the blockchain.
- Validator Staking: Empowers users to stake their tokens, contributing to the network’s security through the Delegated Proof of Stake (DPoS) mechanism.
- Governance: SLF holders can participate in the decision-making processes affecting the network’s development.
- Native Collateral: It acts as collateral in various blockchain applications, enhancing its utility.
- Fee Markets: SLF can be used to prioritise transactions, improving the efficiency of the network.
Self Chain’s Vision
Self Chain aims to demystify blockchain technology, making it more accessible to everyone. By prioritising user-friendly designs and efficient infrastructure, the project seeks to deliver the benefits of blockchain to diverse communities and individuals.
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