Cryptography is the technique used to protect privacy of a message by transforming it into a form that can be understood only by the intended recipients. Everyone else will see it as only an unintelligible sequence of random characters. This message manipulation is enabled by a pair of keys, public and private keys: You share your public key with your friend, who uses it to transform his message to you into an unintelligible sequence of random characters. You then use your private key to put it back into its original form.
The special mathematical properties of these two crypto keys are widely used to provide secrecy and integrity. Two crypto keys play the role of digital signatures and are commonly used in blockchain to enable both authentication and anonymity for transactions.
Blockchain is a crucial technology for creating NFTs. It uses cryptography to chain blocks into a growing list of records. Each block is locked by a cryptographic hash, or string of characters that uniquely identifies a set of data, to the previous block. The transaction records of a chain of blocks are stored in a data structure called a Merkle tree. This allows for fast retrieval of past records. To be a party in blockchain-based transactions, each user needs to create a pair of keys: a public key and a private key. This design makes it very difficult to alter transaction data stored in blockchain.
Although blockchain was initially devised to support fungible assets like Bitcoin and other cryptocurrencies, it has evolved to enable users to create a special kind of crypto asset, one that is nonfungible, meaning provably unique.
Whether or not the current NFT craze can keep its momentum going, NFTs have already accelerated a larger trend of digital economic innovation. NFTs have confirmed that the public is feeling increasingly favorable toward a crypto-economy and is embracing short-term risks in return for creating new business possibilities.
NFTs have already made significant inroads into the luxury and gaming industries, and have plenty of room to grow beyond these initial applications. The art sector will continue to be an important segment of the overall NFT market and is likely to gradually reach maturity over the next couple of years, although it is likely to be surpassed by other digital certificate applications like trademarks and patents, training and upskilling certificates.
An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.
On AMM platforms, instead of trading between buyers and sellers, users trade against a pool of tokens — a liquidity pool. … Liquidity providers normally earn a fee for providing tokens to the pool. This fee is paid by traders who interact with the liquidity pool.
Doggy Swap is the all-in-one DeFi platform that provides both AMM and NFT Marketplace solutions in one place!
DOGGY Swap is a token that users can exchange for the Crypto Doggy NFT. This animated dog will come in GIF format. they have been algorithmically created, yielding 10,000 different types of Doggies, with different rarities, from ordinary to unusual or rare, giving some of them a more collectable value.
Another feature that sets us apart and gives us special value is the powerful Burn Mechanism. And DOGGY Swap will allow everyone to buy CryptoDoggies NFT, the cute animated dog.
Doggy Swap Ecosystem
- Dex Exchange and Swap
- Staking and Farming with high APY
- NFT Marketplace
Exceptional Community Project. The bigger is the community, the far will reach Dogs in the space.
Doggy swap Token Model
Doggy Swapis the all-in-one DeFi platform that provides both AMM and NFT Marketplace solutions in one place!
Detail of Presale on Bounce:
- Name Pool: DOGGY SWAP
- Contract DOGS: 0xbabd8e432adbfb0fdb3ff4a2b19fe0021d5b5198
- Price: 1 BNB= 11.000.000 DOGS
- Participants: Public
- No max/min investment amount
- Token Sale : 55.000.000.000 DOGS
- Hardcap : 5000 BNB
- Softcap : 1000 BNB
- DOGS listing on Pancakeswap & Bakeryswap after Presale end
- Listing Price: 1 BNB = 7.000.000 DOGS
For more information About Doggy Swap Platform
- Official Website: https://doggyswap.io
- Telegram Channel: https://t.me/doggyswapnews
- Telegram Group: https://t.me/doggyswap
- Twitter: https://twitter.com/doggyswapbsc
- Medium: https://medium.com/@doggyswap