Blockchain Education: Blockchain Interoperability Challenges | SafeMoon Gaming: Today's Event [Dota 2] - Tomorrow's Events [WoW & Overwatch] | Food for Thought | Reminders
🎓Blockchain Education
Blockchain Interoperability Challenges
In a previous article, we talk about what interoperability is, why it’s important, and discuss some of the current methods being utilized to help improve blockchain interoperability. In short, interoperability refers to different blockchain networks' ability to communicate and work together seamlessly. Without interoperability, blockchain networks are isolated, limiting the ability to interact with other networks and limiting the potential applications of blockchain technology. However, achieving interoperability is not without its challenges. Below is a list of some of the challenges faced when attempting to achieve interoperability:
Technical Hurdles: One of the biggest challenges in achieving blockchain interoperability is technical in nature. Different blockchain platforms may have different consensus mechanisms, smart contract languages, and data formats, making it difficult to establish a common language for cross-chain communication.
Security: Interoperability can increase the attack surface for hackers, creating more entry points for malicious actors to exploit. Ensuring the security of cross-chain transactions is, therefore, a key challenge that needs to be addressed.
Governance: Blockchain interoperability requires coordination between different blockchain networks, which can be challenging to achieve. Without a clear governance framework, it can be difficult to establish the rules and procedures for cross-chain transactions and to ensure that all participants are operating in a secure and trustworthy manner.
Scalability: Blockchain interoperability requires the ability to handle a large volume of cross-chain transactions, which can strain the capacity of existing blockchain networks. Scalability is, therefore, a key challenge that needs to be addressed in order to achieve interoperability.
Overall, achieving blockchain interoperability requires a holistic approach that takes into account all of the challenges mentioned above. Developing a standard framework that addresses these considerations will be essential to unlocking the full potential of blockchain technology and enabling seamless communication and collaboration between different blockchain networks.
World Economic Forum. "Blockchain Interoperability Toolkit." World Economic Forum. (2020). https://widgets.weforum.org/blockchain-toolkit/pdf/interoperability.pdf.
🎮 SafeMoon Gaming
To join in on gaming events, head over to the SafeMoon Gaming Discord at the event's scheduled time.
🗓️ Today's Event: Dota 2
Join the SafeMoon Gaming community in playing Dota 2, a competitive and addictive free-to-play MOBA (multiplayer online battle arena) game, at 5 pm MDT | 7 pm EST | 12 am GMT!
Image via Dota 2
🗓️ Tomorrow's Events:
🔥 World of Warcraft
Come run Vault of the Incarnates at 3 pm MDT | 5 pm EST | 10 pm GMT.
Image via Blizzard Entertainment
🔥 Overwatch
Get ready to join the battle! Choose your hero and jump into the action-packed world of Overwatch at 5 pm MDT | 7 pm EST | 12 am GMT!
Image via Polygon
March SafeMoon Gaming Event Calendar
💭 Food For Thought
“Any action is often better than no action, especially if you have been stuck in an unhappy situation for a long time. If it is a mistake, at least you learn something, in which case it's no longer a mistake. If you remain stuck, you learn nothing.”
- Eckhart Tolle
"See challenges vs. roadblocks."
- Robyn Benincasa
"To me, adventure has always been to me the connections and bounds you create with people when you're there. And you can have that anywhere."
- Bear Grylls
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 pSafeMoon Guide now includes 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.
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 on the image of the subject you'd like to learn about first.⬇️
↙ Learn about Slippage (Left) and Gas (Right) ↘
Understanding SafeMoon Transactions Article
🎓Want to understand more about what happens when a SafeMoon SWaP transaction takes place? Here's an article that can help you understand the process a bit further.
Check it out by clicking the image below. 👇👇👇
SafeMoon Career Opportunities
"Are you someone who imagines new realities & wants to collaborate with others to bring that new reality into being, for the good of everyone? Or maybe you know someone who might be a good fit?"
SafeMoon Gaming
March Calendar
Click below to join the SafeMoon Official Gaming Discord:
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