🇬🇧 EYWA Announcements

2021-10-18 10:43:28 ​​Vulnerabilities of existing cross-chain protocols.

Unfortunately, the existing cross-chain protocols are far from ideal in terms of reliability. Almost every cross-chain platform released today has been successfully attacked at least once. And the root of this problem is in the architecture of oracle networks used. Developers often choose the simplest solution, which creates additional risks.

With systems using centralized oracles, everything is simple and obvious - they are the easiest to create and they have high flexibility, but a single point of failure, the oracle, makes such systems extremely vulnerable to attacks.

The use of PoS/POA MPC blockchain significantly limits the number of nodes in the network, which does not allow for reliable network protection. The situation becomes even worse when the operation of the cross-chain protocol is provided with custodial liquidity. This effectively turns the cross-chain protocol into a distributed liquidity repository with a small number of nodes.

EYWA uses Roll-DPoS MPC sidechain and non-custodial liquidity. Node holders receive awards based on the DPoS principle and form a single threshold BLS signature, which is used to sign the transmitted data. At the same time, the Roll-DPoS algorithm eliminates the problem of scaling the classic DPoS by applying the lottery principle and equal opportunities for all participants.

Yes, of course, the structure of the oracle network chosen by EYWA is the most difficult to implement. However, only it can provide a sufficient level of decentralization and network security by eliminating the main attack vectors.

Eywa.fi team Open / Comment

2021-10-15 15:55:31 ​​

ATTENTION! THESE ARE SCAMMERS

Dear users!
The ability to send messages in the chat room has been disabled for 3 hours.
We ask you to help block the Fake EYWA Channel by sending a complaint to Telegram Support!

See details below:

Our project is gaining more and more popularity among users.
Scammers are looking to take an advantage of the situation and have created a fake Channel to further deceive the community.

We are asking you to access the fake channel using the link below:

https://t.me/eywa_en_channel

And send a Grievance to TELEGRAM (you don't need to subscribe to the Channel)

In order to make a complaint, follow these steps:

1. Go to the fake channel via the link: https://t.me/eywa_en_channel
2. Click on the three dots at the top right
3. Click Report.
4. Choose a Fake account option
5. In the Comments below write:
This is a FAKE channel. The REAL channel is @eywa_channel

By doing so you will help us block this channel as quickly as possible and protect other users from scammers!

Thank you all for your help!

Eywa.fi team

Open / Comment

2021-10-15 13:27:35 EYWA Announcements pinned «​​ Eywa EYWA is a Cross-chain Liquidity and Data Protocol. EYWA is a comprehensive solution to the blockchain interoperability problem. EYWA makes it possible to transfer any data between any blockchains that support smart contracts quickly and cheaply.…» Open / Comment

2021-10-15 13:25:22 ​​ EYWA platform Alpha testing statistics.

Dear members!

To date, 26377 users have taken part in the Alpha testing of the EYWA platform.

Fully completed the tasks:

First stage: 15290 users

Second stage: 12035 users

Third stage: 7821 users

Congratulations!

Alpha testing continues.

Eywa.fi Team Open / Comment

2021-10-14 17:31:59 ​ Join us on Social Media!

Announcements of the stages of alpha-testing, educational articles and a lot of other useful information you can find in our Social Media.

Join us now:

TELEGRAM GROUP EN
TELEGRAM CHANEL EN
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TELEGRAM CHANEL RU
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DISCORD

Eywa.fi Team Open / Comment

2021-10-14 14:44:24 ​ Subscribe to our Telegram Channel!

Announcements of the stages of alpha-testing, educational articles and a lot of other useful information on our Channel.

Subscribe and stay up to date!

Eywa.fi Team Open / Comment

2021-10-14 12:00:43 ​​Problems of existing cross-chain solutions.

The problem of cross-chain interoperability is obvious, so dozens of teams around the world are engaged in solving it. However, the vast majority of solutions are quite seriously limited and have a number of problems. That is why the EYWA team started creating their own solution.

But what are these problems?

The main disadvantage of most cross-chain solutions is that they solve the problem in a particular case, usually limited only to the transfer of assets. Of course, there are exception projects that, like EYWA, also provide the possibility of transferring arbitrary data, but they are an unambiguous minority.

The second block of problems is related to the confirmation of data transmitted between blockchains and the decentralization of this process.

Some projects refuse decentralization at this stage at all and entrust the confirmation of data to centralized oracles.

Most cross-chain solutions use PoA/POS blockchains, which significantly limits the number of nodes due to high collateral, even if there is non-custodial liquidity in the network.

EYWA Relayer Network uses the DPoS mechanism with a lottery of roles, which guarantees equality of all network participants and allows an unlimited number of nodes to work. Thanks to this, the EYWA oracle network is not only more reliable than most solutions on the market, but also completely decentralized.

Eywa.fi Team Open / Comment

2021-10-13 18:20:26 ​ Our community is growing!

Dear users!

We are glad to inform you about a significant increase of our social network community, YouTube and Telegram.

There are over 46,000 subscribers at the moment.

Join us now:

TELEGRAM GROUP EN
TELEGRAM CHANEL EN
TELEGRAM GROUP RU
TELEGRAM CHANEL RU
TELEGRAM GROUP Français
TELEGRAM GROUP Tiếng Việt
TELEGRAM GROUP Indonesia
TELEGRAM GROUP Español
TELEGRAM GROUP Hindi
TWITTER
YOUTUBE
MEDIUM
DISCORD


Eywa.fi Team Open / Comment

2021-10-13 14:34:35 EYWA Announcements pinned «​ WE ARE LOOKING FOR ADMINISTRATORS FOR OUR NEW LANGUAGE TELEGRAM GROUPS. Arabic Chinese Japanese Malay Turkish Mandatory requirements: Good written English and excellent native language Understanding the essence of the EYWA project…» Open / Comment

2021-10-13 14:34:23 ​ WE ARE LOOKING FOR ADMINISTRATORS FOR OUR NEW LANGUAGE TELEGRAM GROUPS.

Arabic
Chinese
Japanese
Malay
Turkish

Mandatory requirements:

Good written English and excellent native language
Understanding the essence of the EYWA project
Excellent knowledge in the field of crypto and DeFi
Having experience working as an administrator in other crypto projects
The ability to work during the day or at night according to your time zone

Please contact us Open / Comment