SLF Self Chain

Self Chain is a groundbreaking Layer 1 blockchain that aims to simplify and secure the user experience in the Web3 ecosystem. It is the first Modular Intent-Centric Access Layer1 blockchain and keyless wallet infrastructure service, utilizing cutting-edge technologies like MPC-TSS/AA to enable seamless multi-chain access.

The innovative system focuses on interpreting user intent using Large Language Models (LLMs) to discover the most efficient paths, streamlining the interaction with blockchain applications. This intent-focused approach is designed to make onboarding and recovery effortless for users, who can enjoy complete self-custody over their assets through keyless wallets.

To further enhance the user experience, Self Chain provides automated rewards to decentralized applications (dApps) that efficiently resolve user intent. Moreover, the platform incorporates Account Abstraction with MPC-TSS to ensure secure signing and reduce transaction fees, redefining blockchain interaction and making it more secure and user-friendly for everyone.

Cosmos SDK and Proof-of-Stake Consensus

Self Chain leverages the developer-friendly environment of the Cosmos SDK, a framework that empowers the team to create innovative solutions tailored to the needs of non-technical investors. The Cosmos SDK offers a comprehensive set of tools, libraries, and documentation, simplifying the development process and accelerating feature implementation.

The Self Chain blockchain operates on a proof-of-stake consensus mechanism, secured by a system of verification called the Tendermint consensus. This process involves validators proposing and voting on blocks of transactions, ensuring the integrity and validity of each block added to the chain.

Staking and Rewards

Users can participate in the Self Chain ecosystem by staking their $SLF tokens to validators, who are responsible for securing the network and ensuring its privacy[1]. Validators run full nodes to verify transactions and propose blocks, earning staking rewards from transaction fees in exchange.

Delegators, users who want to receive rewards without running a full node, can stake their $SLF to validators, adding to the validator’s total stake and helping them participate in consensus. In return, delegators receive a portion of the transaction fees as staking rewards.

Self Chain’s innovative approach to multi-chain Web3 access, combined with its user-centric design and cutting-edge technologies, positions it as a promising platform for simplifying and securing the future of blockchain interaction.