Blockchain and Smart Contracts
Solana Blockchain
White Basics uses the Solana blockchain as the main infrastructure for all token operations and smart contracts. The choice of Solana is due to the following advantages:
High Performance: Solana is capable of processing up to 65,000 transactions per second (TPS), ensuring instant operations even under high load.
Low Fees: The Solana network transactions cost less than $0.00025, making operations with memecoins accessible to all users.
Scalability: Solana's architecture allows scaling the network without loss of performance.
Eco-Friendliness: Solana uses the Proof-of-Stake (PoS) consensus mechanism, making it an energy-efficient solution.
White Basics interacts with the Solana blockchain through a specialized service that uses official Solana SDKs and APIs to perform transactions, deploy smart contracts, and monitor network status.
Smart Contracts for BCO and Memecoins
White Basics uses two main types of smart contracts:
Smart Contract for Bonding Curve Offering (BCO):
Implements the logic of dynamic pricing for $WB tokens.
Manages the emission and burning of tokens in accordance with the bonding curve.
Ensures transparency and automation of the token distribution process.
Includes mechanisms to protect against manipulations and attacks.
Smart Contracts for Memecoins:
Standardized template for creating new memecoins.
Implements functions for minting, transferring, and burning tokens.
Includes customizable parameters: name, symbol, total supply, and distribution mechanism.
Supports additional features such as staking and rewards.
Smart contracts are developed in Rust using the Anchor framework, providing additional security and development convenience. Each contract undergoes thorough testing and security auditing before deployment on the mainnet.
Integration with Other Blockchains
Although Solana is the main blockchain for White Basics, the platform also supports integration with other popular blockchains to expand the ecosystem and provide cross-chain functionality:
Ethereum:
Integration through the Wormhole bridge to ensure compatibility with the Ethereum ecosystem.
Support for wrapped versions of popular ERC-20 tokens on the platform.
Binance Smart Chain (BSC):
Integration to expand the user base and support popular BEP-20 tokens.
Polygon:
Integration to provide additional scalability and low fees.
Integration with other blockchains is implemented through specialized bridges and adapters, ensuring secure asset exchange between networks. This allows White Basics users to:
Import existing memecoins from other blockchains.
Create cross-chain memecoin ETFs.
Use various cryptocurrencies to buy and trade memecoins on the platform.
Separate integration services are developed for each supported blockchain, providing transaction monitoring, cross-chain transfer management, and data synchronization between different networks.
Such a multi-blockchain architecture allows White Basics to create a universal ecosystem for memecoins, uniting various blockchain networks and providing users with maximum flexibility and accessibility.
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