Greetings community!

🚨An important update from STON.fi is up

👉The unique Dynamic $STORM farm in which 15% of the protocol fees from all trades like funding, liquidations and trading goes to the farm in the form of $STORM!
Sounds delicious right? @storm_trade_ton

👉This update will help our fellow farmers of $STORM to achieve even higher yields than ever!
The rewards will depend on the activity related to $STORM.

👉The older farm STORM/TON has been paused and you guys can withdraw your funds it's unlocked.
And you can directly participate in the new dynamic farm right from the Pools Tab in the same way we did it with older farms.
Simple right?
Initial Reward pool will be 145500 $STORM ( around $4100).

🚨Go grab your seat for the Dynamic Farm!

STON.fi official Links✅

Discord: discord.gg/bdmaGV6qUw
Twitter: x.com/ston_fi
Telegram Channel: t.me/stonfidex
Telegram Chat: t.me/stonfichat
Reddit: reddit.com/r/STONFi/
Linkedin: https://www.linkedin.com/company/ston-fi/
Github: github.com/ston-fi
NFT Collection 1: bit.ly/3Klld4O
NFT Collection 2: bit.ly/3m4PxY2
Whitepaper: https://docs.ston.fi/docs/user-section/whitepaper
#Ton #Dex #CrossChainInteroperability $BTC
$TON

Greetings community!
💥 Wishing you all a very Happy and prosperous Diwali

✅Today I am with an important and exciting announcement from STON.Fi DEX.
Yes, from the Leading DEX on TON ecosystem!

👉STON.Fi has collaborated with @pocket_fi
You must be wondering why this collaboration has so much importance.
Let me guide you through!

👉In fact this collaboration could be a game changer for the entire TON ecosystem.
PocketFi is a mini-app in telegr
am and is widely known for token swaps, more correctly cross chain token swaps, providing TON ecosystem the much required swapping conveniences inside a most convenient Telegram Mini-App.
It also supports multiple wallets and also allows its 5 million monthly users to mine its native token $SWITCH!
Sounds exciting right?
But actual excitement is yet to be discussed

👉PocketFi has introduced BigPump (https://t.me/pocketfi_bot/bigpump)

a much awaited launchpad on the TON ecosystem with more than 2.5M on the official waitlist.
The collaboration of STON.Fi with PocketFi will create breathtaking opportunities for the TON ecosystem.
With every 1500 TON raised by any project laughing on BigPump will be available for trading and Liquidity provision in STON.Fi
This will be a beneficial-for-all collaboration as projects will receive the much required support and activities while providing users with scam-free investment opportunities!
That's all for today!

STON.fi official Links✅

Discord: discord.gg/bdmaGV6qUw
Twitter: x.com/ston_fi
Telegram Channel: t.me/stonfidex
Telegram Chat: t.me/stonfichat
Reddit: reddit.com/r/STONFi/
Linkedin: https://www.linkedin.com/company/ston-fi/
Github: github.com/ston-fi
NFT Collection 1: bit.ly/3Klld4O
NFT Collection 2: bit.ly/3m4PxY2
Whitepaper: https://docs.ston.fi/docs/user-section/whitepaper
$TON $BTC
$ETH
#DEX #CrossChainInteroperability #ton_blockchain

In a groundbreaking move, SafeOne Chain is set to go cross-chain, introducing cutting-edge technologies to the MaxxChain platform. Notably, the integration includes the implementation of HarvestHub and TrustedLaunch technologies, marking a significant stride in the evolution of both chains.One of the most anticipated developments is the unveiling of an exclusive Cross-Chain Arbitrage Bot DApp. This innovative tool is tailor-made for Safo VIPs and a select group of traders, promising unique advantages in the rapidly evolving crypto landscape.This expansion stands as a testament to SafeOne Chain's commitment to fostering a robust and dynamic ecosystem. The introduction of the Cross-Chain Arbitrage Bot DApp adds another layer of sophistication to the platform, offering privileged users a strategic edge in their trading activities.As part of this milestone, SafeOne Chain proudly announces an additional listing within its ecosystem. This latest inclusion underlines the project's continuous growth and adaptability within the blockchain space.For those eager to get involved, now is the opportune moment. SafeOne Chain invites enthusiasts to participate in its limited ETH fundraiser, hosted on TrustedLaunch. Notably, TrustedLaunch is recognized as the first ultimate rug-free launchpad, boasting a fusion of launchpad, staking, and yield farming codes. This technological amalgamation addresses inherent challenges in traditional ICOs, setting a new standard for secure and transparent token launches. SafeOne Chain's strategic move towards cross-chain integration, coupled with groundbreaking technologies and exclusive offerings, positions it as a trailblazer in the crypto sphere. Don't miss the chance to be part of the limited presale – a gateway to a tech-infused revolution in the world of blockchain.Note: this is a sponsored article! #cryptocurreny #News #PassiveIncome #CrossChainInteroperability #Security $LUNC $BTC $ETH

The Growth Of Cross Chain Interoperability.Blockchain technology has come a long way since the launch of Bitcoin in 2009. Today, there are hundreds of blockchain networks, each with its own features, advantages, and challenges. However, these networks are often isolated from each other, limiting the potential of blockchain applications and users.Imagine if you could use any token or service on any blockchain, regardless of where they originated. What if you could transfer data and value across different chains without relying on centralized intermediaries or cumbersome processes? This is where cross-chain interoperability comes in.What is Cross-Chain Interoperability?Cross-chain interoperability refers to the ability of blockchain applications to communicate and interact with each other across different blockchain networks. This allows for the seamless exchange of data and value between disparate systems, providing increased connectivity and integration.For example, cross-chain interoperability enables smart contracts on different chains to communicate with each other without having to send the actual tokens between chains. This means that whatever activity takes place on one blockchain can be represented on another blockchain with the right interoperability solution.Why is Cross-Chain Interoperability Important?Cross-chain interoperability is important for several reasons. First, it unlocks the potential of blockchain technology by allowing applications to leverage the best features of each chain. For instance, a decentralized exchange (DEX) can offer faster and cheaper transactions by using a scalable chain, while still supporting a variety of assets from other chains.Second, cross-chain interoperability enhances the user experience by simplifying the process of moving tokens and data across chains. Users do not have to deal with multiple wallets, bridges, or exchanges, which can be time-consuming, confusing, and risky. Instead, they can access any asset or service on any chain with a single interface.Third, cross-chain interoperability fosters innovation and collaboration in the blockchain space by enabling new types of applications and use cases that were not possible before. For example, cross-chain interoperability can enable decentralized identity, gaming, social media, and more.How is Cross-Chain Interoperability Achieved?There are different ways to achieve cross-chain interoperability, depending on the design and architecture of the blockchain networks involved. Some of the common methods are:Bridges: Bridges are protocols or applications that connect two or more chains and facilitate the transfer of tokens and data between them. Bridges can be centralized or decentralized, trustless or trusted, and native or non-native.Sidechains: Sidechains are independent blockchains that are linked to a main chain through a two-way peg mechanism. Sidechains can have their own consensus rules and features, while still being able to transfer assets to and from the main chain.Interoperability Platforms: Interoperability platforms are blockchain networks that are designed to enable cross-chain communication and interaction. Interoperability platforms can act as hubs or relays for other chains, providing a common interface and standard for cross-chain transactions.One of the most promising interoperability platforms is the Cross-Chain Interoperability Protocol (CCIP), which is being developed by Chainlink Labs. CCIP is a new open standard for cross-chain communication that aims to establish a universal connection between hundreds of blockchain networks, both private and public.CCIP provides smart contract developers with a generalized, compute-enabled infrastructure for transferring data and smart contract commands across blockchain networks. CCIP will power various cross-chain services, such as the Chainlink Programmable Token Bridge, which will allow users to move their tokens across any blockchain network in a highly secure, scalable, and cost-efficient manner.ConclusionCross-chain interoperability is one of the key challenges and opportunities for the future of blockchain technology. By enabling applications to communicate and interact with each other across different networks, cross-chain interoperability can unlock new possibilities for more user-friendly and interconnected blockchain applications.As more blockchain networks emerge and evolve, cross-chain interoperability will become more essential and valuable. With solutions like CCIP and Chainlink Programmable Token Bridge, cross-chain interoperability is closer than ever to becoming a reality.#DeFi #DeFiChallenge #CrossChainInteroperability

Cross-chain interoperability, the ability of different blockchain networks to communicate and share data or assets seamlessly, is a fundamental development in the blockchain and cryptocurrency space. It is particularly important for the DeFi sector, as it enables users to access liquidity and DeFi applications across multiple chains.The growth of cross-chain interoperability in DeFi has been significant in recent years. In 2021, the total value locked (TVL) in cross-chain bridges increased by over 1000%, from $2.5 billion to $27 billion. This growth has been driven by a number of factors, including the increasing popularity of DeFi, the fragmentation of the blockchain ecosystem, and the development of new cross-chain interoperability solutions.Cross-chain interoperability in DeFi has had a number of positive benefits, including increased liquidity, more choices for users, and new use cases.Overall, the growth of cross-chain interoperability in DeFi is a positive development. It is helping to make DeFi more accessible, efficient, and innovative.Here are some specific examples of how cross-chain interoperability is being used in DeFi:Cross-chain DEXs allow users to trade assets between different blockchain networks without having to go through a centralized exchange.Cross-chain lending platforms allow users to lend and borrow assets on multiple blockchain networks.Cross-chain asset management protocols allow users to invest in a diversified portfolio of assets on multiple blockchain networks.As cross-chain interoperability continues to develop, we can expect to see even more innovative and powerful DeFi applications emerge.#CrossChainInteroperability #DeFiChallenge #Binance

If someone doesn't know what the most effective path is for DeFi or other ecosystems to be widely adopted, my answer must be the growth of full-chain interoperability brought by cross-chain infrastructure!
Layer1 provides the underlying security for the development of the ecosystem, but the application of cross-chain can make the ecosystem cover more user groups! Because there is no connection between chains, but users often depend on a certain chain or participate in a certain chain ecosystem for a long time. The emergence of cross-chain can make these Layer1 underlying facilities no longer a "isolated island"! #DeFiChallenge
And understanding the rigid demand for cross-chain, we will further extend: What kind of pattern will emerge in the Web3 field without cross-chain?
(1) It will be impossible to achieve data sharing and token circulation between multiple blockchains.(2) Users can only rely on trading platforms to complete cryptocurrency transactions.(3) The scale of DeFi ecosystem will be limited by the infrastructure and cannot be widely applied.(4) This will further lead blockchain or Web3 to enter the perspective of traditional Internet or traditional finance.
In contrast, if cross-chain interoperability is available, the above problems will no longer exist, and further development can be achieved in terms of scalability, user usage, and flexibility.
At present, there are mainly two common cross-chain solutions: one is cross-chain platform, and the other is cross-chain bridge (as shown in the figure below). #CrossChainInteroperability

The narrative logic of cross-chain platforms will be larger and more functional than a single bridge, but the project mechanism will become more cumbersome. Of course, I am just using a project (Polkadot) as an example here. With the development of the industry, cross-chain infrastructure will be continuously optimized and the development threshold will be continuously reduced.
The interoperability of cross-chain may be the ultimate industry pattern that cross-chain facilities will promote, and it is also an inevitable trend. After all, we cannot force users to only use a certain chain, and a multi-chain pattern is more realistic.
The multi-chain pattern is actually a manifestation, and the more essential is that the ecosystem can be deployed on multiple chains, or only on one chain, but users can easily access it. For example, I often suffer from the fact that two chains are not interoperable or I don't know which cross-chain bridge to use.
In addition, with the rapid development of Layer2 in the industry, this phenomenon has been further intensified.
Therefore, the interoperability of cross-chain is not just to establish a cross-chain bridge to achieve a multi-chain pattern. The most essential thing is to use this method to achieve seamless and instant resolution of on-chain interaction needs for users.
Starting from the most basic full-chain coverage transfer, of course, having a cross-chain bridge is not enough. We also need some cross-chain platforms to complete the transmission of more information, so that the ecosystem can truly realize the access of multi-chain users.
Once it reaches a sufficient level, blockchain or Web3 can basically support broader uses on the backend/protocol side and become the next generation of the Internet, truly becoming Web3!

As a @DAO Labs #socialminer I am constantly learning, and this is a #beginnersguide on how advanced #CrossChainInteroperability messaging protocols work, specifically in the case of EQUITO Network
$BTC $ETH $BNB
Equito is designed to enable interoperability between various blockchains. Its goal is to break down the barriers of isolation and allow these independent blockchains to communicate effectively. Here’s how Equito achieves this:

The Equito App Contract acts as the bridge between different blockchains. It resides on each participating blockchain (let’s call them Blockchain A and Blockchain B).
Step 1 Sending a Message: A user sends a message or initiates a transaction on Blockchain A. The Equito App Contract captures this event.
Step 2 Origin Chain Router: The Equito App Contract on Blockchain A forwards the message to the Origin Chain Router. The Origin Chain Router emits an event indicating the message transfer.
Step 3 Validators Observe and Confirm:  Validators (decentralized nodes) monitor the event emitted by the Origin Chain Router. They verify the message’s authenticity and validity using Zero-Knowledge Proofs (ZKPs). Once confirmed, validators proceed to the next step.

Step 4 :Achieving Consensus:  Equito employs a Byzantine Fault Tolerant (BFT) consensus mechanism to ensure agreement among validators. Validators reach consensus on the validity of the message. This consensus guarantees security and prevents malicious actors from disrupting the process.
Let us look at this a little bit closer:
Peers and Nodes: Imagine a group of people sitting around a campfire. Each person has equal say in deciding where to explore next. These individuals represent nodes in a blockchain network. No one has more authority than the others—they all follow the same rules.
Consensus: To agree on the next adventure, they need consensus. If most of them say, “Let’s explore the forest,” they reach an agreement. BFT ensures that even if a few people are mischievous or unreliable, the group can still make decisions.
Trust Without Trust: In a decentralized system (like blockchain), trust isn’t about believing everyone is honest. Instead, it’s about trusting that most participants follow the rules. BFT allows the network to function even when some nodes act weirdly or fail.
So, BFT is like a resilient campfire circle where everyone cooperates, even if a few campers are secretly wolves in sheep’s clothing!
Now that we have a firmer grasp og BFT, on to the next step.
Step 5 Sending to the Destination Chain: The validated message is relayed to the Equito App Contract on Blockchain B. The Equito App Contract on Blockchain B processes the message.
Step 6 Receiving the Message:  The Equito App Contract on Blockchain B delivers the message to the intended recipient. The recipient’s smart contract executes the necessary actions (e.g., updating balances, triggering events, etc.).
Thus, by enabling seamless, secure, and efficient communication, Equito helps developers to extend decentralized applications (#Dapps ) beyond the confines of individual blockchains.  With over 26 institutional node operators, demonstrating its growing adoption, the protocol has successfully integrated with 16+ blockchains, and received the #ALGORAND Developer Award in 2022 for its contributions to blockchain interoperability.
If you are at the beginning of your blockchain and #SocialMining journey like me, hope this helped you understand the process! #cryptoineverypocket