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SafeMoon Lowdown (March 18th, 2023)

Updated: Mar 19


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SafeMoon Blockchain | SafeMoon Wallet | Peer-to-Peer Networking Technology | SafeMoon Gaming: Today's Event [Fortnite] - Tomorrow's Event [Goose Goose Duck] | Food For Thought | Reminders


SafeMoon Blockchain

SafeMoon Tweeted another SafeMoon Blockchain Activity Highlight! 👀

"Happy Friday #SAFEMOONFAMILY! 🍀 The #SAFEMOONBLOCKCHAIN team has been busy grinding in the background and wanted to give you a quick update on recent developments. ⛓️ ☑️ Chain SOS Wrapper R&D ☑️ Chain Tokenomics Changes and Review ☑️ SOS testing with injecting transactions onto the chain ☑️ TPS fine-tuning and testing *These updates are a mix of recent activities. No timelines are stated or implied. #SAFEMOON #THEWEB3MOVEMENTFOREVERYONE #Blockchain #Web3"

Original Tweet



SafeMoon Wallet

SafeMoon Tweeted informing iOS users that infrastructure updates are complete and all services have been restored. If you wish to receive SafeMoon service status updates, be sure to subscribe to SafeMoon's status page.

"Infrastructure updates have been completed! 🙌 The iOS version of the #SAFEMOONWALLET has restored all services and is now available for you to update your app to v3.38! Thank you for your patience. 🙏 Release Notes📝 : ☑️This patch prepares the application for our coming updates ☑️See app store for additional notes http://status.safemoon.com "

Original Tweet



🎓 Peer-to-Peer Networking Technology

Peer-to-peer (P2P) networking is a decentralized model where devices or nodes collectively store and share files without a central administration or server. P2P architecture is categorized into structured, unstructured, and hybrid.



  1. Unstructured network participants are free to join or leave, as there is no fixed node structure. However, this lack of structure results in random communication among participants. For the network to handle high transaction volumes, all nodes must remain active, necessitating substantial CPU power to ensure the network functions correctly.

  2. Structured P2P network nodes can search for files precisely despite unavailable content, thanks to the network's organized structure. However, the organized system leads to some degree of centralization within the network. Although more difficult to establish, structured networks provide easier data access than unstructured P2P networks.

  3. Hybrid P2P networks incorporate elements of both P2P and client-server designs, allowing for node location using a central server, for instance. In a client-server architecture, a distributed network application framework assigns tasks to servers and clients in the same system, communicating through a computer network or the Internet.

The benefits of P2P networks Peer-to-peer (P2P) networks have advantages over the traditional client-server model because they are decentralized, which means there is no single point of failure, making them more resilient to attacks. Unlike centralized servers, P2P networks are highly resilient to changes in peer composition, and the loss of a single peer has little effect on the network as a whole. P2P blockchain networks have various use cases, such as sharing software and games and facilitating cryptocurrency transactions.


TLDR

Peer-to-peer (P2P) networking is a decentralized model where nodes share files without a central administration or server. P2P networks are resilient to attacks, highly resilient to changes in peer composition, and have various use cases, such as sharing software and games and facilitating cryptocurrency transactions.


Sources:

Sharma, T. “Blockchain & Roles of P2P Network.” Blockchain Council. (1 Sept 2022). https://www.blockchain-council.org/blockchain/blockchain-role-of-p2p-network/


“What are peer-to-peer (P2P) blockchain networks, and how do they work?” Cointelegraph. https://cointelegraph.com/blockchain-for-beginners/what-are-peer-to-peer-p2p-blockchain-networks-and-how-do-they-work Accessed 16 Mar 2023.



🎮 SafeMoon Gaming

To join in on gaming events, head over to the SafeMoon Gaming Discord at the event's scheduled time.

🗓️Today's Event: Fortnite

The storm rages on! Join the gaming community on the Fortnite battleground tomorrow at 1 pm MDT | 3 pm EST | 7 pm GMT.


🗓️Tomorrow's Event: Goose Goose Duck

Come and be a part of the #SafeMoonGaming community and enjoy playing Goose Goose Duck, where you'll have to accomplish tasks and detect the imposters! Join us at 5 pm MDT | 7 pm EST | 11 pm GMT.


March SafeMoon Gaming Event Calendar



💭 Food For Thought

"The time is always right to do what is right."

- Martin Luther King Jr.


"Never let the fear of striking out keep you from playing the game."

- Babe Ruth


"Everybody wants to be famous, but nobody wants to do the work. I live by that. You grind hard so you can play hard. At the end of the day, you put all the work in, and eventually it’ll pay off. It could be in a year, it could be in 30 years. Eventually, your hard work will pay off."

- Kevin Hart


 

Reminders


SafeMoon Special - Hello Again


 

SafeMoon Pulse Monthly Recap

Each month, the SafeMoon Pulse offers a comprehensive SafeMoon overview of the previous month, including any updates or changes you might have missed. The latest issue of the SafeMoon Pulse is now available, covering all the important information from the month of January 2023.


Let's recap the month of January! The video is below, or if you prefer reading, you can access the Pulse article here.


 

SafeMoon Wallet: How to Sell Crypto Guide


 

SafeMoon Orbital Shield

SafeMoon released a technical explanation of their patent-pending security product, SafeMoon Orbital Shield.

Need a slightly more simplified explanation?

 

PoA Article

What is PoA, and what are its advantages?

Learn more by clicking the image below.

 

Recent Captain's Logs

SafeMoon Exchange

SafeMoon CEO John Karony talks about SafeMoon's Centralized Exchange
(CEX) progress in the Captain's Log video below.


SafeMoon Blockchain

CEO John Karony gave a quick update on the SafeMoon blockchain explaining a bit about the chosen consensus mechanism and release expectations.
 

Token Monetization Innovation (TMI)

SafeMoon has released a new patent pending feature designed to improve the user experience on its DEX (Decentralized Exchange - SafeMoon SWaP), labeling the feature TMI (Token Monetization Innovation).

TMI aims to improve transparency and transaction predictability by charging the exchange fees upfront in the native token and using smart contracts to ensure transparency in token liquidity pairings. It also aims to expand the availability of web3 and enable additional community partnerships with meaningful projects.

TMI SafeMoon Newsletter Captain's Log.
 

pSFM Migration

Attention pSafeMoon holders ONLY.

The pSFM Migration Campaign is now LIVE!

Only use the official dApp link on the SafeMoon Website.⚠️

Have the tokens you want to use for migration in your wallet.

Don't transfer after the cutoff date/time

Have a small amount of ETH for gas fees

Tokens acquired in wallets after the cutoff date/time won't be eligible

The pSafeMoon process will remain live for a minimum of six months.
Migrate your pSafeMoon tokens to SafeMoon V2 tokens

The education team has also recently updated their pSafeMoon Guide to include an updates section so you can be aware of any issues relating to pSafeMoon. In addition, you'll find some FAQs to keep you all up to date.


Click the image to check it out


 

Tokenomics Supervisor

SafeMoon announced that with the recent SafeMoon SWaP updates came a new patent pending feature that solves the existing Defi inconsistent fee paradigm for tokens on multiple Decentralized Exchanges.
Press Release: [Businesswire]


They partnered with "Blockchain and AI expert Dr. Adel Elmessiry to help solve the inconsistency. Labeling the invention "Tokenomic Supervisor," they explain that it operates in 2 steps:
Token Registration
Token SWaP

To learn more, view the full article here.
 

Security Questions (Best Practice)

🎓You might have seen that SafeMoon Orbital Shield requires users to answer 2 security questions.

⚠️We highly encourage reading our Best Practice article to learn about a safer method for answering these security questions!
⬇⬇⬇

 

Slippage and Gas Articles

You may have heard of slippage and gas related to the transactions you make when trading your digital assets on the blockchain, but do you know what they are, where they come into play during a transaction, or even why they exist?

SafeMoon Education Manager Cats published two new educational articles for those interested in understanding more.

⬇️Click