Difference between revisions of "Biconomy"
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==Basics == | ==Basics == | ||
* Started in: 2020 | * Started in: 2020 | ||
* Based in: | * Based in: Dubai | ||
* [https://decrypt.co/27768/biconomy-brings-gasless-transactions-to-ethereum From] [[Decrypt]] (5-5-2020): | * [https://decrypt.co/27768/biconomy-brings-gasless-transactions-to-ethereum From] [[Decrypt]] (5-5-2020): | ||
''"Biconomy has launched a [[relayer]] infrastructure that simplifies the use of integrated [[dapps]]. The protocol lets developers cover [[gas]] fees on small [[transactions]], reducing friction and improving user experience."'' | ''"Biconomy has launched a [[relayer]] infrastructure that simplifies the use of integrated [[dapps]]. The protocol lets developers cover [[gas]] fees on small [[transactions]], reducing friction and improving user experience."'' | ||
Latest revision as of 06:06, 18 September 2023
Basics
"Biconomy has launched a relayer infrastructure that simplifies the use of integrated dapps. The protocol lets developers cover gas fees on small transactions, reducing friction and improving user experience."
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Token
ICO
Token allocation
Utility
Token Details
Stablecoin
Coin Distribution
Tech
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Programming language used:
Transaction Details
How It Works
Upgrades
Scaling
Different Implementations
Interoperability
"While Biconomy will be most useful for Ethereum developers in the near term, the protocol is blockchain agnostic and can work with other dapp platforms like TRON and EOS."
- Is working on supporting Tezos (10-9-2020). "Tezos will be one of the first Layer 1 chains they will be supporting with the relayer infrastructure which enables meta transactions."
Hyphen
"Hyphen is a new cross-chain transfer protocol from Biconomy and it currently allows transfers between Ethereum and Polygon for USDC and USDT."
Other Details
Oracle Method
Privacy Method
Their Other Projects
Forward
"Projects that integrate Biconomy Forward can allow their users to pay gas fees using ERC20 tokens and stablecoins instead of just ETH."
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
- From their own blog (9-9-2020):
"We started off with Ethereum and EVM compatible chains such as Matic and xDai. Our product is already integrated with well known projects such as Curve Finance, Idle Finance, Frontier Wallet and as well as up and coming applications launching on Layer 2."
Pros and Cons
Pros
Cons
Competition
Team, Funding, Partners
Team
- Full team can be found [here].
- Aniket Jindal; co founder
- Sachin Tomar; founder & CTO
Funding
"The round was led by Eden Block with participation from other top investors including Fenbushi Capital, Binance, DACM, Outlier Ventures, Zee Prime Capital, Woodstock Capital, and MiH Ventures."
Partners
(:
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