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Cryptocurrencies/Smart Layer Network

Smart Layer Network (SLN)

The Smart Layer Network presents a different approach to addressing the obstacles associated with integration, privacy and trust in the digital environment.

It introduces an innovative integration layer that facilitates “trustless token” logic, laying the foundation for a tokenized internet with unlimited integration possibilities.

What is Smart Layer ($SLN)?

The Smart Layer Network works through three main components:

Blockchain: This layer provides smart contracts that apply token transaction rules and keep records of token operations commitments for later validation.

Anchoring Nodes: Operated by recognized entities elected by a DAO, these nodes guarantee the stability, security and service levels of the network. They record the commitments of token operations in a series of ledgers on the blockchain.

Service Nodes: Composed of a broader network of nodes, these entities distribute service tasks through a distributed hash table and offer TokenAPIs to facilitate integrations.

How does Smart Layer work?

These three components work together to create a dynamic, secure and efficient network. The Smart Layer token ($SLN) acts as fuel for the network, boosting its operations and encouraging nodes to contribute its resources.

Both types of nodes are rewarded with Smart Layer tokens ($SLN) for their participation in the network – the more resources they contribute, the greater their rewards. This incentive mechanism guarantees the continued growth and sustainability of the network.

Twitter: https://twitter.com/SmartLayer

Website: https://www.smartlayer.network/