Aditya

@elra

127 Following

20 Followers

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I tried my best to break it down and explain so even a newbie can understand what problems exist in blockchain and how Sophon is positioning itself to solve them. I’ll be writing a few more threads to explain other aspects of Sophon —like potential risks and their solutions, the data layer, and how they intend to keep data private—soon! If you liked this thread, I wouldn’t mind a repost, like, or share! ;)

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Want Real-World Examples? 1. Gaming and NFTs - Imagine a game where players trade in-game assets like skins and weapons. With Validium, only the proof is stored on Ethereum while trades happen off-chain—making it fast and cheap. Sophon has partnered with Mirai Labs to bring on-chain gaming to the masses. 2. Event Organizers - Suppose you buy a concert ticket. How do you know it’s real? With Validium, every ticket sale is verified with a proof stored on Ethereum, but the actual customer data remains private off-chain, ensuring security. They’re working with Open Ticketing to deliver on-chain ticketing.

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So, What Exactly Is Validium and How Is It a Differentiating Factor for Sophon? Think of a blockchain as a public notebook where every transaction is recorded. The problem? Doing this directly on Ethereum is expensive. With Validium, transactions and data storage happen off-chain. The result? Cheaper and way faster. I know, I know—you’re probably thinking, “Wouldn’t this essentially kill the core use case of blockchain by going off-chain?” Here’s the deal: Instead of storing all the transaction details on Ethereum, Validium stores only a tiny proof (that’s what a ZK proof is). You can call these “digital receipts” that confirm everything is correct. Ethereum only verifies the proof, not the full data, which leads to a cheap and faster process—just the way retailers like it! ;) By the way, Sophon is the first Validium blockchain built on zkSync. Early advantage 👀

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Now, the Next Question Arises: What’s Unique About This Project? Isn’t every other crypto project saying they want to create the fast and affordable “next big thing”? I think it’s a valid question because we have to filter out vaporware from the real stuff. Here’s what sets Sophon apart: 1. Faster Transactions - Sophon uses Validium tech integrated by zkSync. (Explanation ahead!) 2. Focus on Gaming and AI - Web3 for regular folks with no complications. 3. Decentralized Network - Powered by thousands of node operators (users) rather than a single entity. Raised 62m by node sales👀

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So, What Exactly Does Sophon Want to Do? Imagine the internet as a huge highway, but it’s crowded with traffic. Blockchain is like a special lane for a secure and transparent way to glide through but it’s kind of slow and expensive. What if there was a cheap express lane? That’s what Sophon is building, especially for the gaming and entertainment industry, so millions can use it without headaches.

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Why Aren’t Retailers Jumping on Blockchain? Yeah, you guessed it right! It’s slow and pricey compared and let’s face it—our attention spans are tiny now. Mass adoption needs projects that fix this. That’s where @sophon comes in— a project that could onboard millions if they succeed. I’ll try my best to break things down in simpler words that even a non-crypto person can understand. Let’s dive in!

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