While we are currently very busy before the launch, we're interested in launching decentralized key management solution by Zama to bring the fully homomorphic encryption into our EVM and WASM virtual machines to use FHE on-chain and within Turing-complete logic 🧠

Already joined the waitlist ✍️✔️

GX, community 🌍🎩

During development, it is often useful to visualize changes in the chain 👍

For example, when launching a private testnet, it would be interesting to know the details of the network operation - created blocks, transaction statuses, validators, shards, and so on 🔍

That is why we decided to make our explorer open source(here). But in general, there are two reasons:

1️⃣The ability to make changes to the common repository by different developers

2️⃣The ability to simplify the process of development and interaction with the Klyntar network

Therefore, following the link you will see the process of launching a local explorer and a short guide on using it using the example of a local testnet with 1 shard and 1 validator

↗️ Explore it here


Join us 😉:

🤖 Discord
🐣 X(formerly Twitter)

Scrolling the Twitter(X) 🐦 we noticed the post like this. Hope it will be possible for user to return his funds back 🙏

However, this is a good demonstration of why the state fixing function is needed.

On our chain we offer a functionality to fix the state of EVM and WASM contracts in a forkless way 😨

In this case(twitter thread) contract is upgradeable, but what if it's not ?

There could also be a situation where complex multi-contract DApps have errors like freezing tokens or native coins and you lose your funds WITHOUT ANY POSSIBILITY OF HELP FROM THE DAPP DEVELOPERS ✍️🚫

So we have to do this so that both developers and average users can be confident in the safety of their funds 🤝

Hello community 👋 ✋

We are publishing the long-awaited tokenomics document which reveals the details - timing, charts, allocation schedules and much more 👋🕵️‍♂️

❗️All the details are available in our documentation, and we also recommend you to visit the Google Sheet(in docs) for details

👉 Tokenomics 👈

Good morning/night community 🌛☀️

A small comparison table as a demonstration of the importance of developments and improvements!💪💪

P.S: Have a nice Sunday everyone! 😉

P.P.S: Bitcoin💰 still not 100K 😆



Join us 😉:

🤖 Discord
🐣 X(formerly Twitter)

While reading through a variety of resources as part of education, we found an interesting recent news story about some results in the field of quantum computing⚛️:

The Chinese Journal of Computers reported that Chinese researchers from Shanghai University reported using a D-Wave quantum computer to successfully attack three algorithms (Present, Gift-64, and Rectangle) that are critical to the Advanced Encryption Standard (AES), which is used to protect data in government, military, and financial sectors.

And although it is stated ⤵️:

The researchers said they had not been able to penetrate AES-256, but had come closer than ever before

This shows progress in research into attacks on symmetric cryptography 🔐

Previously, research papers most often encountered and discussed attacks on asymmetric cryptography and signature schemes (including ECDSA, which is used by Bitcoin💰 and Ethereum🔹), while symmetric ciphers (where the same key is used for decryption & encryption) were considered more resilient 📍


Sources:

1️⃣ Original Paper 📎
2️⃣ Newsweek Article 📰

Regardless, this shows the importance of the need to implement post-quantum security protocols into the system, following the Mosca's inequality rule:

We need to start worrying about the impact of quantum computers when "D" (the amount of time that we wish our data to be secure for), when added to "T" (the time it will take for our security systems to transition from classical to post-quantum), is greater than "Qc" (the time it will take for quantum processors to have reached a scale where they can breach existing encryption protocols)

That is why we have already implemented the ability to use as many as 2 post-quantum signature schemes for:

1️⃣Creating post-quantum accounts
2️⃣Using post-quantum features from smart contracts for the EVM
3️⃣Using post-quantum features for smart contracts of the WASM virtual machine

Just check how to create and use post-quantum accounts in our documentation, as usual 😉😜

🚶‍♀️🪄🚶‍♀️

Hello, community 🎩😉

The more people there are, the harder it is to answer questions and devote time to everyone. However, not to repeat ourselves, we decided to prepare a list of FAQs so that you can find what you are interested in:


🔵1. What is the project about?

Klyntar is a decentralized L1 network that will serve as a base for other applications built on it. The idea behind the project was to accumulate all the most interesting technologies and developments from different areas(like crypto, AI, cryptography, decentralized systems) within one project to create a truly powerful product.

That is why all the most interesting cryptography, interesting network architecture, as well as the services offered are collected here.

We recommend you to learn more by following the links below 👇


🔵2. Main links

1️⃣ Official site
2️⃣ Explorer
3️⃣ Docs
4️⃣ Twitter
5️⃣ Discord


🔵3. What I can do here?

The functionality is very wide:

1. You can create a DApp application using the capabilities of the EVM - ready-made libraries, code analyzers, code bases, wallet compatibility, etc. Our project is compatible with the EVM, currently up to version Solidity v0.8.17

2. You can create a DApp using WASM smart contracts. This option is still experimental, but it will allow you to use well-known programming languages ​​such as Rust, AssemblyScript, and others to bring their capabilities to smart contracts

3. You can use various features, such as post-quantum accounts, parallel transaction processing in virtual machines, and various cryptographic solutions, even directly from the smart contract code

4. You can use various off-chain features such as codeless contracts, abstract gas, multistaking, and much more. We recommend taking a look at the documentation!


🔵4. Is tokenomics available?

Yes of course, the tokenomics is already in our documentation here


🔵5. What stage is it now?

This section will be updated over time ❗️

We are currently preparing to open a whitelist for validators in the testnet ⌛


🔵6. Is there a presale?

There is currently no public presale. All coins allocated to the community will be distributed according to tokenomics during a rewarding process by launching a validators. Previous coin presale rounds are closed and helped raise enough funds to support development and will also be used for server support and marketing.

🔵7. How are new coins generated?

This is one of the most frequently asked questions ❗️

😏The system works according to PoS/BFT principles
😏There is no Proof-of-Work mechanism, and therefore no traditional mining
😏You do not need a GPU or ASIC or other special equipment - you only need a powerful enough server to join the network
😏New coins are awarded to validators as a reward for the approved blocks. Details can be found in the tokenomics

There are also differences between the terms node and validator:

❗️ A node is simply a server that maintains the state of the network and helps it to be redundant. You do not need to stake to run your node - it's free. So far, there is no reward for nodes, just like in Bitcoin (if you do not mine, you do not receive a reward), but later we can discuss the process of additional rewards.

❗️A validator is also a node that, among other things, has staked a certain stake in order to be eligible to be elected to the quorum and approve blocks, and therefore receive rewards, protecting the life of the network.

🔵8. How to launch a validator?

Follow this instruction for the core build and then this - to run the validator📍

🔵9. How to become a staker or multistaker?

Follow our guides here

🔵10. How to get test coins in the faucet?

When working in a testnet, test coins are needed. Go to our faucet on the website and follow the necessary simple steps to get test coins to your EVM address 💰💸

Hey, guys! 👀😉

As a part of the preparation for the testnet, we are making public an example of using the faucet to get test coins. This information has also been added to the documentation 📔✅

Test coins will allow you to test smart contracts, transactions, and other features in the Klyntar network 💰💸

Any cryptocurrency contains the word
crypto (surprise), which means that cryptography plays an important role in its basis ✅

In our project, we have collected the most popular and powerful cryptography:

🔵Hashing algorithms
🔵Signatures
🔵Quantum-robust algorithms
🔵Cryptography for privacy
🔵Multisignatures / Group signatures

...and others to use onchain and offchain 🤝⛓🤝

While working on the documents 📔 and filling in the About section, we decided to clarify what cryptography underlies the core of the project. We recommend you to take a look at this collection 👁

Here 👉 Link

Thanks to the open-source development process, you can offer your ideas for implementing cryptographic solutions, new algorithms, and so on!

Let's build together🤗

🆕

Abstraction has a big role as it allows you to move away from predefined functionality and expand it, improving UX (user eXperience) 🔼

In an effort to improve our services and give you new opportunities, we present 3 types of abstractions that will be available on the platform 👇:

1️⃣ Gas Abstraction 🟢

Extension to use everything what has a value as a fee. Execute smart-contracts or average address-address transactions by paying fees in memecoins, stablecoins or any other asset. Any chain, any asset.

2️⃣ Storage Abstraction 🟢

Extension to make storage usage fair. This mechanism forces contract creators to pay for storage used by their contracts. Good solution for long-term storage use planning - for users & validators

3️⃣ Chain Abstraction 🟠

Abstract the cross-chain experience by building multichain DApps, execute txs on multiple chains from our chain and so on! Inspired by Near 🤖


In the following posts, we will discover more details. Also, this will be added to the documentation to help developers to create DApps, wallets, SDKs, etc. 📔📖

Dear friends 🎄🤭

May this joyous Christmas season bring warmth, happiness, and harmony to your hearts and homes! 🔥🪟

In the last minutes of day(after Santa😱, ho-ho-ho) we wish you inspiration, new opportunities, and bright ideas to light your path in the year ahead!

May your crypto keys stay secure, and your blocks align into a chain of luck and success ❄️ 💡

Merry Christmas! The best is yet to come 🚗🔔🧦

🎉🎄 Friends, we wish you a Happy New Year! 🎄🎉

The outgoing year has become a time of incredible opportunities, challenges and innovations. The crypto community has once again proven its strength, unity and desire for progress. Together we are creating the future: from decentralized systems to new levels of freedom and security in the digital world 💪

We wish you health, good luck and success in every endeavor🚀

Happy upcoming 2025! May it be a year of great victories and small joys. Forward to new horizons! 🌲

With best wishes,
Your like-minded people in the crypto world. 👍

Trump announces a $500 billion AI infrastructure investment in the US 🧠🤖

President Trump has just announced Stargate Project, a new American company which will invest $500 billion over the next four years building new AI infrastructure in the United States.

Oracle's Larry Ellison, SoftBank CEO Masayoshi Son, and OpenAI Sam Altman were present to jointly announce the formation of the company. The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX.

This is fantastically crazy news! This is what humanity needs to move to a new level of civilization. We hope so ☀️

P.S: Even though this is the first post of the year, it turns out so incredible and deserves to be the first. And we - we continue to work! 😃

Good day community!

As a third network, we've launched a devnet - a special network for developers. It is used for local development, testing new features, etc.

One step closer to 🔥