jakiro
Author: lindabell, zhixiong Pan Source: Chainfeeds
When the Alphawallet team proposed the tokenscript concept in 2019, it significantly expanded the industry’s perception of “tokens”.Whether it is ERC-20 or ERC-721. By adding the expansion capabilities of tokenscript, it can be more convenient for the preset function. After proposing the ERC-5169 standard, it can improve its programming and execution capabilities.And their next milestone Smart Layer Network is another upgrade on these basis to further expand the boundary outside the blockchain.
Or you can understand this:
Tokenscript: Provide a safe and programmable tokens to the front end of the currency;
ERC-5169: Called the corresponding token front end of the token contract;
SMART LAYER Network: With the logic and execution of the blockchain as the token extension chain.
Smart Layer can be regarded as a service layer that connects the blockchain world and traditional network services, and provides supporting and motivating service layers to make it easier for the network service tokens or integrated smart tokens, so as to provide a better user experience and improve it.Business efficiency.For token issuers, Smart Layer provides support for creating and managing programmable smart tokens.For traditional network services, SMART LAYER simplifies the process of integrated network services and token functions.
Smart Layer redefines the tokens to some extent. The tokens are no longer just an asset, but can promote the development of economic activities through integration rights, functions and systems.
Tokenscript
Tokenscript is a programming interface specially designed for the tokenization by Smart Token Labs in 2019.This interface not only helps users access all functions of the tokens, but also allows the creation of more advanced, complex and flexible “user tokens” interaction.
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In simple terms, tokenscript is a JavaScript code layer with XML marked, describing elements such as tokens related attributes, logic, operation and user interface.The tokenscript file is issued and signed by the corresponding token issuer, which can be imported by any service or device that integrates the tokenscript engine.And token issuers can add any information and rules to tokens without being limited by smart contracts.The main focus of Tokenscript is to allow tokens to be seamlessly operated between different platforms and wallets, which can integrate all token information, facilitate users to manage and understand assets.At present, the Alphawallet wallet has supported all tokens implemented at the tokenscript standard.
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We can imagine TokenScript as a computer program used to handle music files. The music files are similar to tokens, which is unchanged, but the playback software can be switched flexibly.This program can also be updated automatically, supporting recording, cutting audio, and organizing it to your favorite song library.Tokenscript can also ensure that the interaction of tokens and software is not arbitrary and was built by token issuers.
ERC-5169
Tokenscript improves the scalability of tokens.But in order to allow the tokens to interact with various services and applications in the Web3 ecosystem, Smart Token Labs proposed the Ethereum standard in May 2022>ERC-5169(It has become the state).This standard introduces the concept of executable script, enabling the token to carry its own logic and behavior, and has stronger interaction ability.Tokenscripts can be embedded in the tokens according to the ERC-5169 standard, so that the tokens show an emotional behavior when interacting with various services and platforms.
Specific implementation, ERC-5169 provides users to ensure that they are using the right script by calling URIs pointed to the official script by calling to the official script.This URI can be any URI that meets the RFC-3986 standard, such as a link to the IPFS multi-Hash, GitHub GIST or cloud storage services.Each of the ERC contract contains a scripturi () function. This function returns the download URI of the client script to provide the client executable file for the hosting tokens.In addition, in order to solve the problem of key risks, operations and storage costs brought by the client script directly on the smart contract, ERC-5169 allows the easy-to-change data to be stored under the chain.
ERC-5169 provides many possibilities for interactive tokens that can connect to Web2 and Web3, including customizing “minidapp” for a single token. It allows usersToken control IoT device.From the perspective of assets, this standard has significantly improved the user experience. Users can run the program directly in the wallet to avoid frequent creation of accounts and passwords.In addition, due to the logic embedded to the tokens itself, the demand for external interfaces is reduced, and the security and privacy of token interaction are also increased.
Tokenscript + ERC-5169 =?
Hashed partner Baek Kim once said that Hashed’s investment philosophy started at all assets and eventually token.In fact, as of now, we have experienced two waves of tokens, but it has not yet caused large -scale adoption.In order to realize the large -scale application of gonalization, we must solve two core issues:
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How to allow users to get a better experience through the tokenization?
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How to make enterprises get greater efficiency through the tokenization?
This is exactly the vision that Smart Token Labs has always wanted to achieve: put all services fragments into a smart token (executable tokens and executable NFT). Users have all the rights and use rights of these smart token.Various third -party services through them.For example, we can issue a “Car Smart token” to represent the ownership of the car.When users access third -party services through the smart token, such as insurance companies, they do not need to fill in any information.Through smart tokens, insurance companies can directly recommend suitable insurance products for users.In addition, insurance can also become a tokens corresponding to “Car Smart token”.
The realization of this vision is due to the integrated application of Smart Token Labs on ERC-5169 and TokenScript.According to the ERC-5169 standard, the script defined by Tokenscript can be embedded in token, and these tokens are allowed to interact with various services and platforms in a dynamic manner.By changing tokens from simple asset attributes to functional tokens, smart tokens have brought new development paths to the fields of web3 games and loyalty programs while increasing asset scalability.
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Web3 game:
Smart tokens can be used as a prop to connect users and project parties in the game. Users can call the various functions of token packaging in digital services in the project party, such as completing specific tasks in the game and cross -game achievements.
SMART CATS is a Smart Layer’s COOL CAT #2426 full chain derivative set on Polygon, and it is also a smart token.The NFT can run directly in a wallet like an application. Users can directly click Smart Cats to perform various interactions without jumping to third -party websites, including feeding, cleaning, inviting other Smart Cats to play.
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Open Loyalty:
In 2023, Smart Token Labs CTO Weiwu Zhang introduced the concept of “Open Loyalty” on Edcon 2023, and cooperated with the Edcon 2023 team to launch “Open Loyalty” solution Permissions Perks without licenses.Participants will receive a certificate of ticket ownership by mail, and can be stored in the browser local, verify the ticket to any third party and apply for a number of exclusive benefits.
Through SMART LAYER, users do not need to open their wallets or consume GAS. The smart tokens under the URL verification chain can obtain the equity based on specific identities.I went to the process of integrated integration of EDCON ticket system with third parties.
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AI agent:
As all service providers serve their services, the smart token system will gradually build a modular framework.This framework can maximize the possibility of service calls, thereby maximizing the value of service.For the integrated party, it also means more open integration market and lower integrated costs.In the future, with the combination of smart token systems and artificial intelligence, when modular service ownership exists in the hands of users, users can authorize AI agents to freely call smart tokens from different websites and realize personalized customization services through combination.
Decentralized service network SMART LAYER Network
As an integration hub for token -based networks, smart tokens are encapsulated with business logic, enabling tokens to complicate various systems and tokens in a mutually -operated model.But blockchain can only provide trust guarantees, and does not allow smart token to any website.We still need to expand through integration.To this end, Smart Token Labs launched a programmable blockchain-based service network Smart Layer, which introduced smart tokens into games and loyalty through ERC-5169 and TokenScript.
Smart Layer’s goal is to promote the deployment and operation of smart tokens and tokenscript.From the perspective of the website, Smart Layer is similar to a Restful API supplier that allows smart token to interact with websites, the Internet of Things, and smart contracts.For token issuers, Smart Layer provides support for creating and managing programmable smart token.For traditional network services, SMART LAYER simplifies the process of integrated network services and token functions.This architecture can help improve the availability and interoperability of smart tokens, making it easier to apply in different scenarios.
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Smart Layer mainly implements its functions through three key components:
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Blockchain: Perform tokens trading rules through smart contracts and maintain token operation snapshots to prepare future verification.
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Anchor node: Organizational operation selected by DAO is responsible for maintaining the stability, security and service goals of the network.
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Service node: distribution service work through distributed hash tables and provides Tokenapis to achieve integration.The service node is motivated by the Smart Layer TOKens. The payment is completed by a website integrated by the user or the token integrated, and is added as an incremental commitment to the application interface call.Smart contracts are responsible for handling payment and can burn a certain percentage of Smart Layer tokens.
Smart Layer tokens inspire nodes in this network to provide resources for the network.Both types of nodes are awarded by SMART LAYER tokens by participating in network activities, and they are directly proportional to their contributions.This incentive mechanism can ensure that the scale of the network is growing and sustainable.
Smart Layer has launched the test network on January 15th and is expected to launch the main network in 2025.Although the launch time is less than half a year, Smart Layer has revealed the potential for development.The XNFT game Smart Cats has attracted more than 300,000 independent active wallets to participate in just 60 days, becoming one of the popular games in the Polygon ecology.At the beginning of this year, the SMART LAYER LAUNCHPAD public beta version has received more than 1,000 developers in just 10 days.
Is the airdrop?
With the recovery of the market, the popularity of “airdrops” has resurrected, Smart Layer is also planning to conduct airdrops in the near future. The specific information will be announced in the next few weeks.According to the existing information, SMART LAYER is supported by two different tokens, governing token SLN and service unit token SU.Among them, the governance tokens are the main tokens, and the holder can vote for the decision -making of the agreement and obtain direct income and token rewards from the operating node.This shows that the value of the SLN token is directly related to the size and usage of the SMART LAYER network.According to the current data of the SMART LAYER test network, only less than 10 days will be launched, and more than 3 million can be executed NFT, generating more than 9.2 million transactions.No matter how they plan the airdrop scheme, they can start with experiencing Smart Cats or subsequent products.
