Enosys Bridge

CryptoDelvin — Thu, 30 Mar 2023 23:31:10 +0000

We are thrilled to introduce Enosys Bridge, an innovative solution designed to eventually connect the XDC Network with the Flare Network and more!

As we continue to enhance our platform, we welcome your valuable insights into its structure and security.

For a comprehensive understanding, please find the Academic Paper here: https://enosys.global/papers/EnosysBridgeWhitepaper.pdf

Here's a link to the bridge that is presently deployed on the Apothem Network, bridging to the Coston Network (Flare's Testnet) and back: https://testnet.bridge.enosys.global/

We'd appreciate you taking a moment to explore the platform and share your thoughts with us.

To those actively building on the network, we'd love to get in touch.

We look forward to expanding the utility of the XDC Network and collaborating with existing projects on the network!

For less experienced users, we've prepared an in-depth guide to assist you step by step. Access it here: https://medium.com/@enosys/enosys-bridge-guide-897aa369a4d3

Thanks for your time,
Ēnosys
https://twitter.com/enosys_global

Oryy multisig wallet integration with XinFin

CryptoDelvin — Tue, 20 Dec 2022 08:33:03 +0000

*******Oryy Multisig Wallet Integration with XDC*******

With the upcoming launch of FLRWrap to bridge XDC to the Songbird/Flare Networks, XDC will be added as a supported network to Oryy.

Oryy is a deterministic deployment of the Gnosis Safe multi-sig platform by FLRFinance. Multisig is a critical piece of infrastructure for every EVM-based blockchain. Most crypto assets are stored in single key wallets, often called externally owned accounts (EOA). Examples include Metamask, Bifrost, Ledger, etc. These wallets are secured with a 12-word “seed phrase,” which is often transformed into a private key for the user. If the private key is compromised in any way, assets held in the wallet can be stolen. Whether individuals or businesses use them, externally owned accounts are not a secure way to manage crypto funds. If an employee goes rogue or an individual is careless with their private key, the funds in the compromised wallet or contract are gone forever, and the wallet can no longer be used.

Oryy is a better solution for storing crypto assets on cold or hot wallets.

Oryy generates a smart contract wallet that requires a minimum number of owner addresses to approve a transaction before it can occur (M-of-N). If, for example, you have three main stakeholders in your business, you can set the wallet to require approval from 2 out of 3 (2/3) or all three owners before the transaction is sent. This assures that no single compromised address could gain control of the assets in the wallet. For high net worth and security-conscious users, having one or more multi-sig wallets provides greater peace of mind as two or more wallets would need to be compromised for a hacker to gain access to their funds.

Adding support for the XDC Network to Orry will allow access to an easy-to-use multi-sig solution for the XDC Community and developers.

Oryy is already live on the Songbird Network and will add more EVM-based networks throughout the coming year as we begin our cross-chain expansion with FLRWrap.
https://app.oryy.io/

Developers Forum for XinFin XDC Network: CryptoDelvin

Enosys Bridge

Oryy multisig wallet integration with XinFin