We're thrilled to announce Bifrost, our latest project supported by The Stellar Community Fund.
1. What is Bifrost?
Combining the best of both worlds - decentralized robustness with modular flexibility.
2. Why Scintilla?
Scintilla is a platform tailored for real-world assets. It's designed for swift transfers at almost zero fees. So, by connecting Stellar to Scintilla, we're giving the Stellar Community a chance to play in a much larger field.
3. Key Features of Bifrost:
4. User Experience:
In essence, Bifrost is set to revolutionize how you interact with Stellar and real-world assets. Stay tuned for more updates!
standardized, interoperable.
Validator can provide extra service such as asset on/off-ramp.
Pay fee with transacted token. Use USDC as anchoring.
Multi-signature funds management with BFT (highly secure) setup.
Bringing E.S.G investing on chain.
Working, building, or providing services to the protocol is permissionless.
Scintilla works in a modular, distributed and decentralized way.
Nodes form cluster that can handle ~ 1k TPS. More clusters = higher TPS.
All consensus methods (Quorum based, Nakamoto, BFT POS) used in the protocol.
have been battle-tested over billions of assets.
Built-in system for distribution of dividends for RWA.
Asset transaction can have events triggers for additional operations (SmartScript)
As each node is listening to 2/3 of the quorums member. Every transaction are at a single hops no matter where we are in the network mesh.
Ensure fast data propagation.
Internal budget and discourse system.
Part of protocol fees are distributed towards passing proposal (development, services, integrations,...).
Within each asset can lie a governance system and inner fee collection and distribution process independently from other assets.
Legal consulting and framework offered to 3rd party businesses via legal entities appointed by governance.
Pay to moniker, pass only a single KYC.
Provide with a human readable alternative for net resources.
Allow to map addresses, hashes or website URL.
Handle top and second level naming.
Using the Identity module provides the system with a deterministic validator node list.
Allow to know the next proposer in advance, and all active validator.
Legal entities can stamp an identity with a specific check (such as KYC) and vouch the user within the ecosystem.
Allow to reduce number of KYC check and data dissemination.
Store and access a distributed key-value system.
Accessible from anywhere, allow a specific value to be shared across the network.
Data access from REST or internally (contracts, scripts, triggers).
Identity can sign documents and keep the proof on-chain.
Easy and simple way to anchor data proofs forever.