Imagine you can trade every token on every blockchain with just a mouse click or the tap of a button away! Imagine there are no boundaries left between blockchains! Imagine a Blockchain that overlaps all blockchains, and combine them into one big Blockchain 3.0!
The flap of a butterfly’s wing can cause a typhoon on the other end of the world.
That’s called: The Butterfly Effect! We are the Butterfly!
As the Crypto Geeks that we are, we couldn’t help notice the flaws and difficulties in this huge crypto space! We envy all the projects and blockchains out there, but all the projects that uses a blockchain other then their own, face the problem they are stuck on that blockchain!
That might not seem as a big problem, but as we have seen in many other projects, investors tend to invest in projects on different blockchains.
To trade the tokens investors invest in, they need to use a insecure Bridge and the steps are usually a hassle. And there is where we step in!
A blockchain, that collects data from all blockchains to provide next level information for project owners and investors.
Our blockchain will act like a normal blockchain, with his own Native token to pay for gas fee, but the big advantage here is, it connects to every other blockchain and with our “bridge like” system, it lets you trade every token, create layered Liquidity tokens (what we call inter-blockchain LP’s).
With this, projects and investors can create LP’s with tokens from different blockchains.
Besides collecting all data we are also building a swap page (DEX) where you can swap all tokens from all different blockchains out there. The backbone will be a bridge like system, but build in, so more secure!
Besides a swap page (DEX) we will also build a wallet for Android, iPhone and web-based for Chrome and Firefox that connects to our swap. With this, you can even swap different tokens from different blockchains inside your wallet.
At its simplest form, a blockchain is a digital collection of information about transactions. This is also called a ledger, which is why this word is often used when describing blockchain technology.
When you have many different collections of data, they’re stored together using a system based on blocks of data chained together. Because each block is chained to those around it, they interact with each other.
This creates a system where if a block is altered, an adjacent block will immediately catch the error and prevent the invalid transaction. As a result, transactions on the blockchain cannot be changed — creating a permanent record that’s shared with everyone on the network.
The blockchain has the potential to unlock how we view and spend money, and how we’ll legitimize a variety of agreements, contracts, and technologies.
A decentralized exchange (better known as a DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, payment processors, or any other kind of intermediary. The most popular DEXs — like Uniswap and Sushiswap — utilize the Ethereum blockchain and are part of the growing suite of decentralized finance (DeFi) tools, which make a huge range of financial services available directly from a compatible crypto wallet. DEXs are booming — in the first quarter of 2021, $217 billion in transactions flowed through decentralized exchanges. As of April 2021, there were more than two million DeFi traders, a ten-fold increase from May 2020.
A non-custodial wallet is a type of wallet that allows users to hold and own their private key while having full control of their funds. Keys are held in encrypted storage.
Currently, several different types of non-custodial wallets exist today:
– Hardware Wallets: A physical device similar to a flash drive that is disconnected from the internet.
– Web-Based Wallets & Mobile Wallets: These can be accessed from any device with a private key login.
– Desktop Wallet: These reside on the desktop but can be stolen if the computer is taken away.