BERSIPA STRINGS TECHNOLOGY

BERSIPA WIKI

BERSIPA STRINGS TECHNOLOGY

What is bersipa string ?

Bersipa string

In the blockchain, new transactions can only be linked to one point (a new block). The block immediately follows a previously generated block and is encrypted directly with that block. Transactions in a Blockchain can only be added to the general ledger (inventory and accounts records) if they are placed in a new block issued by the blockchain producers (miners in PoW blockchain, shareholders in PoS blockchain). In almost all blockchains, blockchain makers can decide which new transactions they prefer and place these approved transactions in the blocks they generate. This leads to competition between newly issued transactions to become part of a new block. The fee-based incentive structure of these blockchains helps users who are willing to pay more for transactions. Because they are more likely to win the race for the new block than those who pay less. Since the string is devoid of block generators, each user can export new transactions and attach them to any part of the string without intermediaries. A string is not a single chain of blocks that follow each other, but a network of parallel processed transactions (so-called triangles). Parallel transactions comprise the first row of information in a string and provide different points to which newly issued transactions can be attached, allowing transactions to be processed much more quickly. As long as the transactions do not violate the basic rules of the protocol, every node is free to add new transactions to the network at any time, but they are only included in the general office once they have been assigned to a node. In contrast, blockchain transactions must be included in a block by a blockchain generator. These are the entities that collect the newly issued transactions, verify them, and place them in the next block To connect a new block to a blockchain, a blockchain must always select a single leader. As a reward (in the form of newly created tokens), the single-block generator receives all transaction fees for the created part of the block. This is also seen as a sort of focus in blockchain since you need intermediaries to complete transactions. There is no direct communication with the general office. The string is a leaderless protocol and it does not need any intermediary to enter transactions into the string. Private and public nodes are free to approve transactions as long as they follow the original protocol and rules. The string can perform parallel transactions in a multidisciplinary process without the need for a leader or moderator. Another reason why string remains free of transactions despite its enormous volume is this. Generating blocks in a Proof of Stake (PoS) blockchain usually requires the shareholder to have large amounts of Stake tokens. Often only a select few accreditors or shareholders with the largest share of tokens are allowed to be block producers. Because these entities are predefined by the protocol builders (a kind of centralized structure). PoS blockchains do not require the same amount of electrical energy as PoW. So only the prosperous participants are allowed to write to the general office and produce new blocks.

 

Initial Consensus

The network has no miners or beneficiaries, so sending a message on a string is free. String does not use PoW as its security method. In order to reach consensus, public nodes approve the string of messages and use various functions along with the messages. The messages are valid only if they are approved three times by the public nodes in each location. There is a compulsion in the network, in which workers within the network must confirm the network’s decentralized structure, but this initial approval might not be a final approval.

Send transaction

Any transaction that takes place in the string network must first be approved by public nodes. If the three public nodes approve a transaction, the transaction will reach the next stage, the EWI system. Public nodes confirm transactions with the ED 25519 key with a three-signature protocol. Of course, the only thing public nodes need to do is confirm transactions with a single keystroke, and they do not need any specific technology.

String Network Ledger

In miner systems, every miner is a ledger on its own and has access to the entire network’s information as soon as it connects to the network, and this serves as a reference and documentation library if a miner leaves a particular region, other miner’s copies of the data remain intact, and the departure of a miner does not interfere with data storage.

A non-mining proof of stake system, such as the Ether network, verifies and records network information, transactions, and history in each private node, and each private node functions as a general ledger distributed among the account holders.

 

In the string network, the ledger is distributed in two ways and in three parts. In the first instance, string network theorists concluded that a distributed general ledger could also be distributed in a sorted and categorized manner. This statement is valid for both plans A and B. The general information of the network as well as the history of all transactions and events are considered plans number A and B, respectively.

 

String network theory believes that anyone who is a public node in the network should consider storing the history of transactions that are performed by the same public node in their wallet, exchange, or any other public node that acts as a public node of the network.

 

This theme states that if, for example, node number PN46 confirms transactions number 1003, 1254 and 1659 in the network as one of the three confirming nodes and those transactions have also reached the destination, this node has the history of all the three transactions from start to the end on its platform as a public distributed ledger.

 

Apart from this, like the Ether network, private nodes in the network can have all the network information and transactions at any time, and each private node is a distributed ledger among the network.

 

In addition to the 500 private information nodes that control the whole network, it is amazing to consider that there are 50,000 public nodes distributed throughout the network, assuming there have been 100,000 transactions in the string network in the first year. With the 500 private information nodes controlling the whole network, all the information is also widely distributed among the 50,000 public nodes. This distributed system is very accurate and commendable.

 

In this system, if a transaction is approved and sent to the network as a delivery confirmation by private nodes and is approved by the network by the private nodes, the transaction will be dated and any change to that system will require 100% power from the Bersipa foundation, 51% from the private nodes and 51% from the public nodes. This means that the development of the network in the world means that no hacker, not even the developer himself, will give up any unusual operations.

 

String network Ledger Structure

A string network is a private chain that, unlike most networks in the world, does not allow any kind of smart contract or token or application. To create a cryptocurrency, this chain requires the approval of the foundation and the 51% consensus of online nodes. To build a smart contract, a 51% consensus of private network nodes must be reached. In addition to the 51% consensus of private nodes, an initial consensus of at least 10% of online public nodes is required to build applications. This is a security process to prove that people are interested in programs that will be brought to the String network later.

BSVM Contracts

Smart contracts in the string network use a virtual machine called BSVM that uses the TinyGO programming language.

BSVM functions as a “black box” that can be dynamically expanded by adding plug-ins and VM processors that run the ultimate smart contract applications. In string smart contracts, a set of abstract public relations is formed that informs the structure of smart network contracts and exactly what kind of final computing machines are needed to execute the smart contract.

 

The ability to create a smart contract in the TinyGo programming language has the following advantages:

– TinyGo and Go are easy to understand and learn.

– Go is a very popular language.

– Extensive developer environment and easy to use

 

Much of the language of smart string network contracts is programmed in GO, which means you do not need to change the language when testing your code. In fact, you can test it in exactly the same way you plan your smart contract.

“Off-chain” smart contracts, like smart string contracts, run outside the main protocol. This means that only with the consensus of the majority of private accreditors operating in a field is the contract approved, which leads to the creation of a secure, concept-oriented and efficient system.

 

The smart contract will only be approved and added to the chain once the majority of participants reach a consensus. The number of approvers to reach a consensus for each chain is adjustable. The assembly can also vary in size – from at least three nodes to even hundreds of nodes – and each node can be part of various other assemblies.

 

Having the ability to fulfill contractual obligations automatically in many industries, smart contracts are applicable in supply chains, smart cities, and the Internet of Things. Scalability, high throughput, and free transactions are some advantages of smart string network contracts.

 

Despite Ethereum’s popularity, smart contracts on the Ethereum blockchain come with significant disadvantages. It stands out that the smart contract must execute exactly the same code on every node in order to be executed. How do you implement this? To make a single result, code need not be executed on every node. Scalability is more challenging as the network grows as it takes more processing time to produce the same result.

 

For transactions to be executed correctly, the user must also pay the gas fee and the fee to validate a transaction. In other words, smart contracts are hard to enforce at a high cost. Therefore, smart string contracts are not a core protocol, but rather a 3L protocol.

String Network Private Chain

A string network is a private chain that, unlike most networks in the world, does not allow any kind of smart contract or token or application. To create a cryptocurrency, this chain requires the approval of the foundation and the 51% consensus of online nodes. To build a smart contract, a 51% consensus of private network nodes must be reached. In addition to the 51% consensus of private nodes, an initial consensus of at least 10% of online public nodes is required to build applications. This is a security process to prove that people are interested in programs that will be brought to the String network later.

String network Addresses

Addresses in a string network are 33-letter units that are a combination of numbers and letters. First all addresses end with SI and the end of all addresses ends with PA. for example:

 

SI23F37J89KM99OILI4RBRT876EW34HPA

 

One of the marketing techniques of String Network to attract advertisements in the network is to provide addresses with company titles in the text of the address, which can be set annually to three years. For example, if Microsoft wants to place an advertisement order on a string network, the network can set up some of its addresses as one-year sponsors. This is only allowed for 10 characters and 23 characters from network addresses are irreplaceable or replaceable based on security protocols. for example:

 

SI23F37J89KMMICROSOFTRT876EW34HPA

 

Other limitations of this type of address include the use of 10 characters after at least 6 characters of the original address or the use before the lower 5 characters. This means that in addition to the ten-character limit for this type of advertisements, it is not possible to change the numbers and letters in the first six characters or the last six characters, and this change can only be made in the middle 21 characters and only in the ten characters.

BERSIPA STRING

EWI System

The Balance Index system receives the transaction after three confirmations of the transaction by public nodes and validates it based on five parameters. In this system, which operates as an artificial intelligence, transactions are validated and examined in five structures:

1- Origin of the transaction

2- Transaction destination

3- Transaction sending network

4- Transaction amount

5- Public nodes that have approved it

Origin

Using this technology, each transaction leaves a trace in the network for the origin and destination, which later on in subsequent transactions identifies the source of the transaction and checks to ensure its safety and ease.

 

The transaction has already been on the network. In a time, parity, the network first prioritizes secure and tracked sources of the transaction, in order of maximum record, when the origin of the transaction later resubmitted the transaction. Secure transactions are ensured. The string network therefore leaves a record of each address, whether it is deposited or withdrawn, as part of the security transactions.

Destination

Like the origin, all the addresses to which the transaction goes to that destination are checked in this system and the addresses that have the most positive records in the network are selected and prioritized.

Transaction Amount

The system prioritizes the confirmation and sending of transactions that have the lowest amount in the network at the same time based on the number of transactions. Large transactions are not necessarily a priority, but if we only reviewed the same title for review, then this would be true. However, four other parameters must also be the most efficient at the same time as other transactions have security, so these conditions can also influence whether large transactions are a priority.

Network

Transaction priorities in the string network will be first with transfers from the source and destination of the string and then the origin or destination of the string. Transferring currencies across the string network can help make those transactions to be done faster.

BERSIPA STRING

BERSIPA STRING

BERSIPA STRING

Proof of attendance

A smart, accurate and secure consensus process is introduced by the Proof of Attendance protocol, owned by Bersipa Institute of Technology, among the world’s best crypto networks. In this consensus process, which is used in the string network, the private nodes are the initiators of the triangles in the strings and build the network according to the rules.

 

When the last triangle is made in a string, it takes 6 seconds to make the next triangle. During this time, the network must determine how the next triangle will be formed, and how it will be formed.

 

For this purpose, the network uses the POA protocol. This protocol has 6 seconds after the end of each triangle to recognize the top private node in the online and active triangle and allow it to build a block.

 

 Let us explain this protocol by referring to an example in the string network:

 

Figure 1: String network and selecting a string at random (string number three)

The diagram above is a simple diagram of the nature of the string network. In order to know how this protocol works in this network, we must first separate a string from the network as a sample string and examine the protocol in that string.

 

When we separate a string, we hypothetically name each triangle in that string. For example, the first triangle is called T11 and the rest are named the same way.

 

To fully understand the subject, we also name two private nodes by default and with completely hypothetical names, PN46, PN73, and so on.

In the string network, unlike what happens in the bitcoin network in the production of a block, which is accompanied by a minor reward and the selection of a miner as the initiator of the new block, there is no miner status in this network and the coins are marketed with PoS protocol, so private nodes do not receive a reward for starting a triangle in a string, but they can increase their chances of earning more profit on a monthly basis because the string network rewards are based on the coinomics distribution system that discussed earlier.

The grid has been formed up to triangle number ten, and the string number three is selected by default. The triangles in the network of strings are given six seconds to exist, and everything in the network happens during that time. In other words, there is only 6 seconds for the system to select the top 90 to start the next string triangle and allow it to do so. The purpose of this security issue is to reduce the ability of hackers to exploit the network. After every 6 seconds due to the lifetime of a triangle expiring, all of the events of that triangle are recorded and then transferred to the network history. No hacker will be able to change them.

String Attendance

1- Attend in the penultimate string:

The basic requirement for a node to fulfil the requirements in order to construct the triangles, is to be present in the penultimate string.

It means the first time PN46 node is building a triangle in line in the string number 3, it should have been actively present in its upstream string subjected to transaction approval and shouldn’t have taken part in creating the previous triangle. The function of this protocol ensures that nodes can begin building triangles and play the role of a leader in each triangle by proving series of obvious, presentable records, which reduce the chance for hackers or fake nodes that are seeking to attack the network.

 

The second condition that is needed in the Proof of Attendance protocol is:

“The 24 second security-approval protocol.”

 

The protocol states that if PN46, as the leader in string 3, intends to construct the hypothetical triangle T11, it must have left a trace of its activity in the network within the last 24 seconds, and confirmation of this procedure in Security Protocol No. 3 subject to the approval of transactions without the construction of any other triangles.

 

3- The third protocol is the attendance in the last triangle.

The protocol expresses that a node that wants to start the next triangle must prove that it is active in the current triangle, i.e., it must have a transaction in the current triangle approved by the network. For example, if node PN46 wants to start triangle T11, it must be present in triangle T10 and have a transaction approved by the network.

 

  1. The POA protocol has a rule for each node that expresses: if a node starts a triangle, the other 90 to 10 triangles in the network will not be allowed to start triangles for another minute, and that node will not be allowed for another minute. A typical node will approve transactions in the leadership role of the network. With this security protocol, one node can’t play a dominant role in the network for a long time and endanger network security, while it is also possible for many nodes to function in the network, which decentralizes the network. for example:

Assume that node PN46 initiates T11, node PN73 initiates T12, and node PN14 initiates T13. Keep in mind that all the names of nodes and triangles are hypothetical and random.

 

If node 46 starts triangle 11 in string number 3, it will not be able to start a triangle for one minute which is equal to 10 triangles. After creation of ten triangles, it will have the eligibility to start a new triangle. This means that node 46 does not have the right to request being a leader until the end of creating triangle number T22 and can only play the role of a regular confirmer. In the same way, for node 73, if it is the starter of T12, it will lose the possibility of being the leader until the end of creating triangle T23. This will greatly help both the security and the decentralization of the network.

 

 

5- The fifth security protocol in proof of presence is the protocol of time of presence of 34%. The protocol states that if one node is involved in 34% of transactions in one string, that node will not be able to operate in the next string. This means that, for example, if PN46 node hypothetically plays a role in confirming transactions from one hundred thousand transactions in the third string to 34,000 transactions, it will automatically be removed for higher security than the next string, string number four. This node can work again in field number five.

 

6- The sixth security protocol of proof of presence is the time protocol of 5%. This protocol states that a node in the case of a 24-hour activity with the highest activity coefficient, can be the maximum triangle that starts in a string will be about 10% of the total triangles in a string. This protocol does not allow even the most secure and active node to operate more than 5% to build triangles in a string to ensure higher transaction and decentralization and security.

 

This means that a node in the string grid will never be able to triangle more than 5% in the grid if it achieves the highest time and performance coefficients. In this way, a node with the highest coefficient of performance and online presence in the network of strings, in each discipline can ultimately operate in 34% of transactions and 5% of making triangles. However, achieving this level seems very difficult and far-fetched given the other conditions of the POA protocol because the network reacts strongly to focus and network artificial intelligence is based on decentralizing the network.

 

  1. In addition to the maximum restrictions in this protocol, there are also minimum restrictions in the network. The first minimum limit for nodes in the network is the transaction approval in the network. In each field of the string network, each node must be active in at least one tenth of the percentage of the total transactions entered into the network in that field and have approved the transactions.

 

For example, if one hundred thousand transactions are entered into the network in a string, a private node must have played the role of one of the verifiers in at least 100 transactions.

 

8- It is noticeable that there is no maximum time limit for any node in the network and a node can be online and work as long as it reaches the defined limit of activity in the network. Conversely, the second minimum limit for nodes in a string network is the time limit, meaning that one node must be active in the network for at least 6 hours per week. (This is communicated and scheduled to the nodes through the private node system and its specific protocol)

 

9- The next limitation in the string network is the transactions that are done by the nodes themselves. In this way, the nodes have a specific address and wallet identified in the network (the nature of the name and surname of the person is unknown) through which the address of the node in the network is known. Now, if this node performs the transaction itself, the node itself will not be able to confirm its transaction.

 

In addition to the fact that the node itself will not be able to confirm its transaction, all nodes that had the same transaction confirmation in the duration of the past 60 minutes before the intended transaction will not be able to confirm the transaction.

BERSIPA STRING

SIC60 CONTRACTS ON STRING NETWORK

 

What are Upgradeable Contracts?

Smart contracts in EVM are designed to be immutable. Once you create them there is no way to modify them, effectively acting as an unbreakable contract among participants.What do I do if I want to expand the functionality of my contracts? What if there is a bug in the contract that leads to a loss of funds? What if a vulnerability in the Solidity compiler is discovered? Here’s what you’d need to do to fix a bug in a contract you cannot upgrade:

  • Deploy a new version of the contract
  • Manually migrate all state from the old one contract to the new one (which can be very expensive in terms of gas fees!)
  • Update all contracts that interacted with the old contract to use the address of the new one
  • Reach out to all your users and convince them to start using the new deployment (and handle both contracts being used simultaneously, as users are slow to migrate)

There are several approaches that allow us to make some changes to smart contracts.

Separate logic and data

By using this approach, data will be read from a designated data contract directly. This is a rather common approach that is also used outside of Solidity. One of the main disadvantages of this approach is that you cannot change the interface of contracts external to the entire system, and you cannot add or remove functions.

Delegatecall Proxy

delegatecall opcode was implemented in EIP-7. It is possible to delegate execution to other contract, but execution context stays the same. As with delegatecall, the msg.sender will remain that of the caller of the proxy contract. One of the main disadvantages of this approach is that contract code of the proxy will not reflect the state that it stores.

Writing Upgradeable SIC60 Contracts

It’s worth mentioning that these restrictions have their roots in how the string VM works, and apply to all projects that work with upgradeable contracts, not just OpenZeppelin Upgrades.

Initializers

You can use your Solidity contracts in the OpenZeppelin Upgrades without any modifications, except for their constructors. Due to a requirement of the proxy-based upgradeability system, no constructors can be used in upgradeable contracts. To learn about the reasons behind this restriction, head to Proxies.

This means that, when using a contract with the OpenZeppelin Upgrades, you need to change its constructor into a regular function, typically named initialize, where you run all the setup logic:

 

pragma solidity ^0.6.0;

  import “@openzeppelin/contracts/proxy/TransparentUpgradeableProxy.sol”;

  contract sic60UpgradeableProxy is TransparentUpgradeableProxy {

    constructor(address logic, address admin, bytes memory data) TransparentUpgradeableProxy(logic, admin, data) public {

    }}

OpenZeppelin Upgrades provides an Initializable base contract that has an initializer modifier to prevent a contract from being initialized multiple times: https://github.com/bersipa/bersipa-String-theory/blob/main/default.nix 

 

 /**

     * @dev sets initials supply and the owner

     */

function initialize(string memory name, string memory symbol, uint8 decimals, uint256 amount, bool mintable, address owner) public initializer {

        _owner = owner;

        _name = name;

        _symbol = symbol;

        _decimals = decimals;

        _mintable = mintable;

        _mint(owner, amount);

    }

SIC60 contract initializes the token’s name, symbol, and decimals in its constructor. You should not use these contracts in your SIC60 Upgrades contract. , make sure to use the upgradableSIC600implementation that has been modified to use initializers instead of constructors. https://github.com/bersipa/bersipa-String-theory/blob/main/default.nix

constructor() public {

    _name = {{TOKEN_NAME}};

    _symbol = {{TOKEN_SYMBOL}};

    _decimals = {{DECIMALS}};

    _totalSupply = {{TOTAL_SUPPLY}};

    _balances[msg.sender] = _totalSupply;

 

  }

Using Truffle

Setting up the Environment

We will begin by creating a new npm project:

mkdir mycontract && cd mycontract

Then,

npm init -y

 

Installation

We will install Truffle.

npm install –save-dev truffle

npm install –save-dev @openzeppelin/contracts

npm install –save-dev zeppelin-solidity

When running Truffle select the option to “Create a truffle-config.js”

npx truffle init

 

Create upgradeable contract

This example token has a fixed supply that is minted to the deployer of the contract.

https://github.com/bersipa/bersipa-String-theory/blob/main/default.nix

const sic60TokenImplementation = artifacts.require(“sic60TokenImplementation”);const sic60TokenFactory = artifacts.require(“sic60TokenFactory”);

const Web3 = require(‘web3’);const web3 = new Web3(new Web3.providers.HttpProvider(‘http://localhost:8545’));

const fs = require(‘fs’);

module.exports = function(deployer, network, accounts) { deployer.then(async () => {  await deployer.deploy(sic60TokenImplementation);  await deployer.deploy(sic60TokenFactory, BRC20TokenImplementation.address); });};

Test the contract locally

To test upgradeable contracts we should create unit tests for the implementation contract, along with creating higher level tests for testing interaction via the proxy.

contract(‘Upgradeable sic60 token’, (accounts) => {  it(‘Create Token’, async () => {    const sic60TokenFactoryInstance = await sic60TokenFactory.deployed();    sic60FactoryOwner = accounts[0];    sic60Owner = accounts[1];    proxyAdmin = accounts[0];

    const tx = await sic60TokenFactoryInstance.create sic60Token(“ABC Token”, “ABC”, 18, web3.utils.toBN(1e18), true, sic60Owner, proxyAdmin, {from: sic60FactoryOwner});    truffleAssert.eventEmitted(tx, “TokenCreated”,(ev) => {      sic60TokenAddress = ev.token;      return true;    });

  });

 

Transfer Control

You can change the proxy owner to another address.

let event = await sic60proxy.methods.changeAdmin(newAdmin).send({from: proxyAdmin});

sic60proxy.getPastEvents(“AdminChanged”, {fromtriangle: 0, totriangle: “latest”}).then(console.log)

 

Transfer Owner

You can change the SIC60 token owner to another address.

    await sic60.methods.transferOwnership(accounts[5]).send({from: accounts[1]});

    const owner = await sic60.methods.getOwner().call({from: accounts[5]});

 

Deploy on Testnet

Create the following 2_ sic60.js script in the migrations directory.

module.exports = function(deployer, network, accounts) { deployer.then(async () => {  await deployer.deploy(sic60TokenImplementation);  await deployer.deploy(sic60TokenFactory, sic60TokenImplementation.address); });};

You can first deploy our contract to a local test (such as ganache-cli) and manually interact with it, then deploy your contract to a public test network.

$ npx truffle console –network ganache

We can interact with our contract using the Truffle console.

truffle(ganache)> sic60TokenFactoryInstance = await sic60TokenFactory.deployed();undefinedtruffle(ganache)> await sic60TokenFactoryInstance.create sic60Token(“ABC Token”, “ABC”, 18, web3.utils.toBN(1e18), true, {address1}, {address2});

 

Note: any secrets such as mnemonics or brisescan.com keys should not be committed to version control.

Run truffle migrate with the string testnet to deploy. We can see our implementation contract ‘SIC60TokenImplementation’ and the ‘SIC60TokenFactory’ being deployed.

Deploying ‘ sic60TokenImplementation’

   ————————————

   > transaction hash:    sidcd37a388bf9b2f822eff5b816bd4c9db80bc4f6046e3f922cedca12162d46d9

   > triangle: 2           Seconds: 8

   > contract address:    siB3fbaf029580145885e915B3CAeEd259Edb9DfE1

   > triangle number:        5174292

   > triangle timestamp:     1609990661

   > account:             si133D144F52705cEb3f5801B63b9EBcCF4102f5Ed

   > balance:             10.648947766

   > gas used:            0 (si118172)

   > gas price:           0 sieg

   > value sent:          0 sipa

   > total cost:          0.022945 sipa

 

   Pausing for 5 confirmations…

   ——————————

   > confirmation number: 2 (triangle: 23)

   > confirmation number: 3 (triangle: 26)

   > confirmation number: 5 (triangle: 29)

 

   Deploying ‘sic60TokenFactory’

   —————————–

   > transaction hash:    si821c8355aaecc36a9f7fe50d2b3722c840047883a6bf500343393554d8ce3696

   > triangle: 3            Seconds: 8

   > contract address:    siDC1015512AbBC71e57a607A121a4aC9CF05D89BC

   > triangle number:        5

   > triangle timestamp:     234

   > account:             si133D144F52705cEb3f5801B63b9EBcCF4102f5Ed

   > balance:             10.629661146

   > gas used:            0 (sixeb6eb)

   > gas price:           0 sieg

   > value sent:          0 sipa

   > total cost:          0 sipa

 

Create a new version of our implementation

After a period of time, we decide that we want to add functionality to our contract. In this guide we will add an whitelist function.

Create the new implementation, sic0_V2.sol in your contracts directory with the following Solidity code.

/**   * @dev sets multiple whitelist address   */

function multiWhitelistAdd(address[] memory addresses) external onlyOwner {

        for (uint256 i = 0; i < addresses.length; i++) {

            whitelist[addresses[i]] = true;

        }

    }

 /**

     * @dev remove whitelisted address

     */

    function multiWhitelistRemove(address[] memory addresses) external onlyOwner {

        for (uint256 i = 0; i < addresses.length; i++) {

            whitelist[addresses[i]] = false;

        }

    }

 /**

     * @dev check if is a whitelist address

     */

    function isInWhitelist(address a) internal view returns (bool) {

        return whitelist[a];

    }

 

Test the upgrade locally

To test our upgrade we should create unit tests for the new implementation contract, along with creating higher level tests for testing interaction via the proxy, checking that state is maintained across upgrades.

We will create unit tests for the new implementation contract. We can add to the unit tests we already created to ensure high coverage.

Create uograde.test.js in your test directory with the following JavaScript.

let tx = await sic60proxy.methods.upgradeTo(newInstance.address).send({from: proxyAdmin});

 sic600proxy.getPastEvents(“Upgraded”, {fromtriangle: 0, totriangle: “latest”}).then(console.log)

 

BERSIPA STRING

KASHMIR

Benchmark tests to measure energy consumption are performed using a standard laptop system and Apatiyeh node software. Apatiyeh was designed to work on low-power devices such as small college laptops.

The main network in which the private nodes of the string network are tested and set up is called Kashmir. This network is written and launched in GO programming language.

After performing these tests, experiments are performed on a dedicated field set up to test the designs in the Kashmir main network. For this dedicated test network, a laptop was used as a test coordinator to create spam transactions for private nodes.

To measure the energy consumed and power consumption of the devices during transaction processing, the INA219 sensor current meter, which is a zero-drift, two-way power monitor module, is used.

APATIYEH

The two forks, Apatiyeh and California, are forks that bring the string network into the main circuit of the Bersipa Strings network over a two-year period. With the Kashmir protocol finalized, a test network will be launched using the hard fork Apatiyeh, which will operate for 6 to 9 months and undergo various tests. Then, after ensuring that all the final tests have been done, the network will join the main circuit and Mainnet and, in three months, all the networks information will be transferred to the main Bersipa Strings network.

CALIFORNIA

Kashmir hard fork will officially launch the network in the fall of 2022 by selecting private nodes, and the network will work with private nodes on a trial basis, and this test will only run within the Bersipa foundation systems and private nodes. In the first phase, the system in the Polygon network comes up as a test, and after the successful completion of this stage and the final approval of the network; Apatiyeh hard fork in the summer of 2023 will take the network to the main network circuit of the string network for net testing. The 9-month network will operate as a net test with private nodes, and after its successful implementation, the final network and string platform with the California hard fork will be launched in the spring of 2024.

BERSIPA STRING

BERSIPA STRING

BERSIPA STRING

Bersipa DEX Financial System

Introduction to DeFi:

With time comes growth, opportunity, and most importantly, change. We live in an exciting time for DeFi systems, developments and advances in the field of these systems since 2022 have led to the acceptance of this technology as an independent financial system publicly and also as an investment opportunity for investors.

 

In decentralized financial systems, open-source software and combinable frameworks allow anyone in the world to access global financial services in an unreliable and transparent manner, without the need for user identification.

 

Almost every day, there is a new investment project being introduced to the investment market that claims to be the best in its field and purpose, but despite the positive qualities of decentralized financial systems, scams, abuses, and programming errors are among the most common risks associated with using DeFi platforms, which causes investors to be very cautious of the security of their investments.

 

In DeFi projects, the developer publishes a whitepaper to inform consumers of the original idea of ​​the project. In some projects, such as the YAM protocol, despite reporting how the project is working, it eventually encounters some technical problems and ends up losing the capital. In the mentioned case, a bug in over-mints tokens has happened. Due to tokens having more multiplicity than expected, the chain of command is invalidated and the investors lost millions of their capital by the developers’ mistake. Of course, there are other methods of fraud in these projects, such as:

Rug pulls, Honeypots, and Phishing attacks, but there are ways you can secure your funds against them:

 

1- Find the Purpose of the Project:

Many cryptographic projects offer nothing new. They just try to ride the wave of DeFi projects and attract investors. In order to avoid investing in the wrong projects, we need to find out new and unique elements for each project that will lead to a successful investment. If the initial information about the project is unclear, vague, or suspicious it may be a scam.

 

2- Study the Development Process

A standard DeFi project is an open-source project. By examining the code written for the program, one can realize the originality and reliability of the project.

 

3- Fundamental Smart Contract Under Consideration

Smart contracts need to be audited to ensure that users are secure. If developers fail to provide an “audit trail”, it could indicate a risk to investing in the project, especially since offenders are reluctant to do so due to the high cost of the audit.

 

4- Investigating the Individuals and Companies Involved in the Project

A common theme in the digital economy is anonymity and sobriquets. Top developers are even taking advantage of this freedom.

If there is no information about the people behind the project, this can be seen as a warning, especially if the legal debt recovery process is fraudulent without any explanation as to who was behind the project.

 

5- Fair distribution of tokens

When determining whether a project is safe, the fair distribution of tokens is a crucial factor. Fraudsters typically monetize token-based projects by raising their token price before unloading them. As a result, the founder must allocate a significant portion of tokens to the founders (between 40-60% of the total tokens) who can sell their tokens at once when the price rises. However, such an allocation does not in itself indicate fraud, but more research is needed on the project.

 

6- Proportional initial supply

 

For new projects, there are four main methods of raising capital, including IEO, IAO, ICO, and IDO. In the event that tokens are distributed in large quantities at the beginning of a project introduction, the price of tokens will decline rapidly.

Furthermore, having a good stock reward for depositing, having different licenses from reputable sources, setting up a network that is difficult, and providing state-of-the-art technology can serve as indicators of credibility.

 

Of all interpretations, the Bersipa coin project, which is the native coin of the Bersipa wallet, has largely solved all six parameters in its chain and has given users access to research on this project by providing free and transparent resources.

 

To develop the string network, Bresipa wallet, and other technologies unique to the Bersipa protocols, the Bersipa coin was created. The aim of creating this coin wasn’t to create wealth but to develop the technology of the Bersipa protocol system and other technologies.

Another distinctive feature that makes Bersipa one of the leading projects in the future is its clear financial plan.

 

Justice-oriented technology:

In the techno section, you can see the fair distribution of Bersipa Coin. The Bersipa Foundation has presented one of the most unique ways to distribute limited coins among developers, by distributing only 18% of its coins to the programming and development team, 15% of which is locked for three years. With the equitable distribution of coins, justice has been achieved. From 2022 to 2025, all of the coins that the foundation will hold will represent only 3% of the total supply of coins on the market.

 

Bersipa DEX

DEXs are a type of currency exchange that allows direct, peer-to-peer digital currency transactions online, securely and indirectly.

Below is an overview of the Bersipa ecosystem and the technologies used in the DEX private exchange, along with an explanation of why the Bersipa Wallet project is one of the most innovative future projects of the DeFi financial system:

The Bersipa String project is an ultra-blockchain project, and the DEX exchange launched on the Bersipa wallet is only part of this large financial structure.

 

Bersipa DEX Aggregator:

“DEX Aggregator” has the ability to provide liquidity from various DEXs, its mechanism is such that the user orders the order in case of depletion of coins and tokens in the DEX wallet; Provides from other DEXs that have the lowest price close to the order amount. (Figure 1)

By dividing a swap transaction between several derived exchanges, the user can have a better overall price than any single exchange.

The following section shows Bersipa DEX aggregator’s calculations:

 

Advantages of DEX Aggregators Mechanism:

 

DEX Aggregator provides the following benefits to the users:

  1. Suitable for high and low volume exchanges
  2. Providing liquidity
  3. Anonymity

And

  1. Automatic detection for the lowest transaction rate and cost (Gas fee):

A DEX Aggregator searches for other DEXs with the lowest rates and provides the maximum liquidity for order quantities as part of its planned mechanism. The next DEX is automatically generated if the order amount is not met, and the process is repeated until the order amount is met. As a result, the transaction fee rate varies between 5 and 50 percent, depending on the availability of liquidity from various sources.

 

A look at the simple and basic structures of the DEX function will help us to understand what will happen in the alpha version of Bersipa DEX:

 

Bersipa Market Maker

Bersipa coin is connected to an automated market maker created by using an inflation control mechanism. Inflation occurs at two main levels:

 

– In Market Inflation:

Market control in this inflation is done by a mechanism that controls the base price of the tokens.

 

In Pool Inflation:

With a special floating formula, the protocol automatically controls inflation between +20 and -20% using a mechanized percentage. By falling the price the investor demand increases, to control this volume of demand, this formula applies the inflation control mechanism between 1 and 20%.

Compared to the previous issue, in the face of a sharp increase in market prices, demand decreases. To attract the desire to preserve capital, the injection of pre-planned liquidity reduces the inflation rate to 20%. The mentioned process is organized by an automated formula derived from artificial intelligence, the coefficient of which can be seen in an accessible leaderboard at www.Bersipa.io.

The technology currently works on a string network but has the ability to join other blockchains with API settings.

 

Bersipa Pool:

The Bersipa pool system is an automated market-based protocol (AMM) currently built on the main string network but it will be able to connect to other protocols through the APIs on the market.

 

In Bersipa pool, users can receive Bersipa coin in exchange for offering five main currencies BTC / ETH / IOTA / FTT / BNB with different interest rates for each. The Bersipa ecosystem provides selected currencies, which are reputable cryptocurrencies in the world, and which enhance the credibility and confidence of investing in this network.

 

Benefits of Bersipa Pool :

1- High annual profit of Bersipa coin

2- Lending with a coefficient of about 50%

3- 2% instant redemption rate

4- Up to 80% reduction of transaction fees in Bersipa DEX

 

Bersipa SOR Mechanism

Additionally, to the features noted above, Bersipa Wallet provides liquidity to users through an automatic accumulator (DEX Aggregator). In order to provide this service, Bersipa uses an artificial intelligence model called Smart Order Routing (SOR), which automatically brings liquidity from multiple sources to find the best price.

 

Stake

Investing in cryptocurrency is a way to earn passive income by helping to verify transactions in blockchain networks. Typically, crypto staking networks allow token holders to participate in the validation and approval process of other users’ transactions by depositing part of their assets, resulting in a share of the rewards.

 

As mentioned earlier in the Tokonomic section, 16% of Bersipa coins will be rewarded in the staking process. Investors can receive SIPA coins as a reward for five years if they have the six listed currencies below:

 

1- BTC

2- ETH

3- BNB

4- IOTA

5- FTT

6- SIPA

 

Each token is chosen for a specific reason, for instance, BTC and ETH are the two main currencies in the cryptocurrency market that have the lowest investment risk.

IOTA is one of the leading projects in the implementation of Tangle technology, and BNB and FTT are the currencies of the two major crypto exchanges, Binance and FTX.

 

 

Ways to Make Money from Bersipa Wallet

In recent years, various monetization conditions have been introduced by DeFi technologies. In addition to providing a space for trading and exchanges, Bersipa Wallet offers its users several ways to earn money from their main capitals.

 

As well as the coefficients of each currency and inflation, Bersipa Wallet calculates the stakes of these six currencies. For each year of the investment, the interest rate changes as follows:

 

  • The First Year:

–  The investor can receive up to 16% of the capital they have staked as a reward.

 

  • The Second Year:

– The investor can receive up to 14% of the capital they have staked as a reward.

 

  • The Third Year:

– The investor can receive up to 12% of the capital they have staked as a reward.

 

  • The Fourth Year:

– The investor can receive up to 10% of the capital they have staked as a reward.

 

  • The Fifth Year:

– The investor can receive up to 8% of the capital they have staked as a reward.

 

In the first year of investment, for example, investors who stake their funds can receive a bonus of 16 percent of their initial capital multiplied by the inflation index (floating inflation index). The reward will be automatically credited to their account in the form of Bersipa coin, which they can withdraw after the staking period stipulated in their smart contract has expired. (Figure 2)

 

Lending

If an investor uses the lending method in the first year, he or she can receive multiply 50% of the amount in their Bersipa wallet with collateral of one of the six listed currencies multiplied by the P-rate, which is also multiplied by the floating inflation index (FII) as a non-interest loan

Floating inflation rate per currency:

SIPA = 1.10

BTC = 1.01

ETH = 1.02

IOTA = 1.03

BNB = 1.02

FTT = 1.02

 

After depositing collateral, loans are sent instantly through smart contracts. Every loan will have a minimum payback period of six months and a maximum payback period of 24 months.

 

With less than 1000 USDT:

 

The investor can choose the method of staking or lending according to their credit limits.

 

It is worthy to mention that the Bersipa DEX discount does not apply to investors whose invested assets are less than USDT 1000.

 

Between 1000 and 5000 USDT:

 

– The investor can choose the method of staking or lending according to their credit limits.

– Investors will receive 2% of their initial capital as redemption in the form of Tether amount accordingly.

 

– They have the privilege to receive up to a 50% discount on their DEX commission rate (multiplied by FII rate) in their transaction.

 

With more than 5000 USDT:

 

– The investor can choose the method of staking or lending according to their credit limits

– Investors will receive 2% of their initial capital as redemption in the form of Tether amount accordingly.

– They have the privilege to receive up to 80% discount on their DEX commission rate (multiplied by FII rate) in their transaction.

 

Example:

If an account has a balance of USD 10,000, the following conditions apply:

Both staking and loan options are available for this account.

 

Assumption: 1

2% of the depositor’s total capital, equal to 200 USDT, will be returned to their account upon selecting the investment method and signing the smart contract.

– The investor may intend to stake their assets.

If the investor decides to use half of their initial capital as a loan credit to buy tokens, this amount is multiplied by the P-rate multiplied by FII (floating inflation index). (Figure 3)

X / 2 (P-rate) × FII = Loan amount

BERSIPA STRING

BERSIPA STRING

BERSIPA STRING

Abstract

Adapting to the changes, facilities, features, and gadgets that come with modern and technological advancements, is the progress key as the world rushes into the modern and technological space.

 

By replacing traditional data resources with blockchain technology, the digital revolution has been occurring for years and offers solutions to build trust between supply chain parties as well as removing the barriers of the previous systems on the basis of three main criteria.

 

  • Safety

The network is accessible to the public despite the anonymity of the user, making it hard to hack or cheat the system.

 

  • Immutable records

Many crypto networks are distributed throughout the world and contain thousands of nodes that keep track of all transactions and cannot be destroyed.

 

  • Decentralized

As the servers are not located in the very same place they cannot be controlled or limited by a specific power.

 

Cryptography ensures the security of every blockchain transaction. A unique and essential private key is included in each block, which can be verified with a public key. Whenever transaction-related data changes, the block unique key becomes invalid. Changing one’s assets through brokerage firms or banks has become less necessary since bitcoin was invented, making it an empirical substitute for conventional financial management systems.

 

Currently, a simple digital wallet would perform the role of all the financial systems in an uncomplex accessible, fast with the most economic efficiency which is equally approachable for people around the world.

 

Digital wallets are online payment tools, usually in the form of an app. The wallet securely stores virtual versions of debit and credit cards, so you don’t need to enter your card details or carry a physical card at all to make payments.

 

BERSIPA Wallet is a decentralized wallet obtainable for all users regardless of their location. It provides access to all the centralized and decentralized exchanges and various DAAPs with the most efficiency and pace.

 

The primitive aim of creating digital wallets was to store and protect the cryptocurrencies as an asset class which happened to make them back to the fiat money in some cases or would be impossible to gain more profit than the actual sum that was meant to be in the wallet.

 

Digital Wallet Epoch

With the admissibility of the digital currencies, some wallets have advanced their functionality to increase the productivity of their users and the concept of ‘’ Staking’’ was created to gain the rewards as they lock part of their initial investments that they are subjected to retain without deprivation or disruption of their ownership.

 

Acceptance of the mentioned innovation has underlain the evolution in creating decentralized exchanges that solved the difficulties regarding authentication convolution and providing the liquidity by making the multipurpose liquidity pools that enclosure to the inclusive usage of currencies respectively.

 

Bersipa Wallet, the first wallet on the String Network, is a decentralized, free and accessible wallet for users around the world that provides access to all centralized and decentralized exchanges and various DAAPs with maximum efficiency and speed.

Programming Language:

Bersipa wallet is written in solidity programming language and by an FVM programming machine.

https://github.com/bersipa/bersipa-wallet

The main components of the wallet

Bersipa wallet consists of five main sections and several sub-sections. The main sections of this wallet are:

 

 – Asset Home

 String Network and Public Nodes

 Browser and Decentralized Applications

 DEX and DEX Aggregator

 – Settings

 

 

 

Asset Home

As shown in the figure, on the asset home page, you can view any deposits and withdrawals, add networks or coins, view inventory, deposit and withdrawal histories, the daily chart of growth or decline of selected currencies, and overall portfolio value.

String Network and Nodes

A Peer-to-peer (P2P) network is a decentralized communication model between two peers, also known as nodes, that can communicate without a central server. In the traditional trading system, there was an order book that linked the supply of sellers to the demand of buyers. Peer-to-peer exchanges provide this process in the form of a direct connection between two peers (applicant and seller). Bersipa wallet provides easy and quick access to this form of exchange.

 

Besides supporting the string network, of which it is the principal network, the DEX section of the Bersipa wallet can also support at least 20 other chains. This wallet can support any chain with any structure if Bersipa’s diversified technology is developed and all smart chain owners allow it to be incorporated into their technologies.

 

DEX will charge a transaction fee between 0.5 to 1.3% of the total transaction amount, and it will provide users with high speed, security, and ease of transaction. As cryptocurrencies have become more widely accepted, some wallets have improved their performance in order to increase the productivity of their users. The concept of “Staking” and “Lending” was implemented during this upgrade, where Staking is a share to earn profits and rewards those users by depositing and locking their assets without interfering with the ownership of the assets deposited, and they benefit from it with special conditions. The landing also offers how-to lend in pools via wallet.

 

The adoption of this innovation paved the way for the creation of decentralized exchanges, which, by creating multi-purpose liquidity pools, led to the widespread growth of the use of cryptocurrencies and solved the problems related to the complexity of authentication and liquidity supply.

 

The DEX Aggregator part of the wallet also has advantages such as high liquidity, the ability to supply coins and tokens with high rates and numbers, and a fee of one percent of the total volume (apart from the fee received by the exchanges, where the fee is calculated intelligently and paid by the user) and brings high transaction speed to users.

Decentralized Browsers and Applications

In this section, the public nodes of the string network must approve three transactions in order to be able to transact themselves, and the approval of transactions by users is a public obligation to achieve the capabilities of a responsive wallet. Anyone around the world who installs a Bersipa wallet will be known as a node.

In this section, you can see the process of strings and transactions that enter the network online and schematically, also quick access to the String Network Explorer scan section is provided.

DEX and DEX Aggregator

In this section, the public nodes of the string network must approve three transactions in order to be able to transact themselves, and the approval of transactions by users is a public obligation to achieve the capabilities of a responsive wallet. Anyone around the world who installs a Bersipa wallet will be known as a node.

In this section, you can see the process of strings and transactions that enter the network online and schematically, also quick access to the String Network Explorer scan section is provided.

Wallet Settings Section

In this section is information about each wallet, its initials, the chain information, the support section, the nodes section, and its settings, including different themes, selected addresses, and advanced settings. This technology is provided by decentralized and independent exchanges. Additionally, Bersipa wallet’s ALPHA 1.0.0, scheduled for release in October 2022, will feature fast interlayer switching between different chains, in addition to improving the features offered by other wallets around the globe. The main fuel of the wallet for this transfer will be the Bersipa coin. .

BERSIPA Coin (SIPA)
bersipa coin logo

The Bersipa wallet ecosystem cryptocurrency was created for valuing investors and users by empowering application infrastructure and providing defined capabilities for users and investors. Additionally, the SIPA cryptocurrency is one of the keys to strengthening the Bersipa network and accessing the technology and tools provided by the Bersipa Foundation. Diversifying the use of this currency will reassure users and investors.

More detailed information about the SIPA cryptocurrency is available at:

Like its counterparts, Bersipa Wallet offers the basic features of a wallet along with unique features to meet the needs of users in a user-friendly and uncomplicated environment. Some of these services are:

Staking

As described earlier, the Bersipa financial system has several ways to stake a cryptocurrency. As part of its staking section, the Bersipa wallet enables users to stake very quickly and receive rewards in return. Bersipa staking system, in addition to providing access to the staking through Bersipa wallet, also provides this possibility to its users to access the staking pool through web3 windows.

Bersipa wallet and Tangle

Despite the advantages of blockchain technology, weaknesses in the system such as scalability issues and security vulnerabilities emerged after users and companies using it. A new generation of technologies has replaced Blockchain in the digital world, offering users more flexibility and capability.The concept of Tangle is the third generation of blockchain that aims to solve previous problems with its scalability promises. Bersipa Wallet In a two-year plan, the intention is to explore the possibility of connecting blockchain projects with the Tangle network through Divergence technology, and various projects will be able to perform transactions through Bersipa Wallet in various layers and networks.

Solve Bitcoin Dust Problem

Using its technology, Bersipa wallet has also solved the “bitcoin dust” problem. Each wallet and exchange office specifies the minimum number of coins per currency transaction, meaning that if the amount of currency in the wallet or address is less than the minimum, it is not transferable. By using its technologies, Bersipa wallet has resolved this problem. In this way, all remaining tokens from any currency can be converted to SIPA, the wallet’s native token, and used for re-trading.Most existing wallets use Chain-based blockchain technology, which prevents them from linking their data to high-tech projects and providing modern, low-cost financial services. Bersipa Wallet, using the benefits offered by String Technology, allows users and other companies to use their technologies to upgrade their nature and enjoy the benefits of this network, such as zero fee.

Bersipa wallet and WEB3

The Internet has gone through several stages since its birth in 1969. The first generation of the Internet was compulsorily centralized and used exclusively by governments. With the introduction of WEB2 technology and with the general use of decentralized Internet features began to shape, in this generation users were identified using email addresses to the system, also the cloud storage was created and used as a replacement for hardware storages.The latest version of the Internet, Web3, is internal, structured, and basic Internet access that has the least oversight compared to previous versions created using the POR, POS, PBFT, FIL, AR, and Storage programming languages. Bersipa Wallet uses its browser and decentralized applications to easily create a Web3 connection between the user and the tech world.

Challenges of Blockchain System

Cryptocurrencies offer a wealth of opportunities: unlimited, fast, and easy transactions, innovative financial services, and access to a broad audience that does not have access to traditional banking systems. Despite the decentralization of the idea, there is still a long way to go before the main shareholders of the financial system are overcome. Here are a few obstacles to overcome :

 

Cybersecurity:

Although many exchanges and wallets have provided satisfactory levels of security in recent years, others have disappeared as a result of hacking or cyberattacks. As commercial space and secure storage have become more in demand in recent years, developers, such as Bersipa Wallet, have attempted to meet this demand by expanding security infrastructure and other security issues. 

 

Structure Complexity:

Increasing use and number of customers, lead to more complex cryptography and related sciences in order to provide a high level of security. New users have found it difficult to gain a basic understanding of the basics and basic knowledge necessary to enter this market. By designing an intuitive interface for novices and experienced traders, Bersipa Wallet solves the problem of complexity.

 

 Decriminalization “

Bersipa wallet allows users to share their public keys to transfer their assets across different platforms and receive currency via QR code or by providing a public key to protect user privacy.

 

Public Sales :

The ecosystem and network technology of Bersipa have been prepared and adjusted based on a modular economic model that can manage and grow both the large string network. It can both improve the Bersipa cryptocurrency project with its proprietary and technological protocols, and it can also meet the economies of different countries and small or large investors. According to this roadmap, 5% of this currency will be offered at the beginning of 2023 through DEX of this wallet.

 

Airdrop and Advertising :

Every network needs to be seen and accepted by the public continuously and permanently in order to grow and develop over time. This accompaniment may not always be permanent due to fluctuations in financial markets, and if the currency holds the record for a period of time, it may be removed from the public mind over time. Therefore, continuous advertisements and permanent prizes for the development of the network and its further dissemination by the followers all over the world is an inescapable thing, and for this purpose, advantage should be considered for the activists in this field so that they always want to accompany. The ability to run multiple and extensive advertisements requires good capital aside from the Airdrop discussion. The Bersipa coin nominal reserve, which is 6,660,000 coins, is split into shares for advertising and airdrops, with 6% going to advertising and 4% to airdrops. With every installation, 2 Bersipa coins and with sharing invitation code they will receive 1 Bersipa coin.

 

 Disclaimer :

The BERSIPA wallet white paper was written and published by the team of Bersipa Institute of Technology on November 29, 2021, which specifies the terms and conditions of using the wallet and must be thoroughly read before using the wallet. Any purchase or use of the Services by Bersipa constitutes a binding arbitration agreement between Bersipa and the User / Buyer / Participant in accordance with the terms set forth herein. This white paper does not constitute a declaration or invitation to invest in brochure regulations or any other type of document from Bersipa Institute of Technology and is not an investment security. The purpose of this white paper is to provide information about the Bersipa Wallet project to potential participants to allow them to decide whether they want to continue using the Bersipa Wallet services. Possession of a Bersipa wallet does not confer any rights or benefits on the holder in any form, including property rights (unless explicitly stated), interest, interest, redemption, property or intellectual property, decision making, Or any other kind of profit. Other rights, like any other financial or legal rights, are those of the Bersipa Foundation. Bersipa Team is not liable for any damages, including direct, consequential, incidental, special, or indirect damages (including but not limited to lost profits, loss of revenue, or loss of a third party, whether foreseeable or unpredictable). It will not have. No representation, warranty, assurance, or commitment regarding the stability of the information is made after the above date. The information in this white paper is subject to change, completion, and correction from time to time. Responsible users of Bersipa wallet are responsible for conducting the necessary research and investigations. Prospective participants of Bersipa wallet production events are responsible for ensuring that they study all aspects of this white paper and its terms and conditions to the fullest extent permitted by laws, regulations, and rules.

BERSIPA STRING

Why Bersipa Coin?
bersipa coin logo

As technology advances, revenue generation methods shift, and cryptocurrency investments increase, investors have begun to recognize the benefits of investing, especially in well-known currencies with solid foundations.
Following are some cryptocurrencies that have attracted the most attention in recent years, as well as their advantages and disadvantages:

 

1- Bitcoin (BTC):

 

It is impossible for anyone to hide the intrinsic value and benefits of investing in bitcoin, The Mother of Currencies, or the King of Cryptocurrencies. It became widely accepted as a type of asset and a store of value about a decade after its emergence. With Bitcoin, investors gained access to the world’s first decentralized, unrestricted non-financial system.

 

 

The currency also has disadvantages related to high transaction costs and lack of practical application, in addition to the deconstructive advantages.

2- Ethereum (ETH):

 

A new scientific era was introduced with the introduction of “smart contracts” in the world of cryptography with Ethereum, also known as “the queen of currencies.” It led to increased investment in decentralized financial contracts. The Ethereum protocol infrastructure allows the use of smart contract technology to set up other networks, but this Store of value, despite its valuable technology and popularity among users and investors, has not yet been able to be acquired as an asset class because like Bitcoin, Ethereum also faces the problem of scalability, which imposes a lot of transaction costs on its users during network congestion and the network slows down.

 

3- BNB:

 

The Binance Coin (BNB) is the domestic coin for the largest trading exchange in the world, Binance. Although it is not a store of value per se, it is one of the most reputable currencies on the market, with a remunerative system built on the Binance Smart Chain such as lending and staking.

 

4- Solana:

 

The Solana blockchain project is undoubtedly one of the most scalable projects with the ability to execute smart contracts. In contrast to Bitcoin and Ethereum, which use both PoW and PoS protocols, Solana supports multiple protocols.

 

 

Due to the project’s unfavorable distribution policies, which allocates about 60 percent of the network’s tokens to the Foundation, as well as its recent hacking attacks that led to two server shutdowns by the foundation, which questioned the network’s decentralization, it remains a relatively unpopular project.

 

Due to the network structure, maintaining transaction history requires a lot of energy and volume from miners, which imposes a lot of costs on users of network mining.

 

5- Kadena (KDN):

 

The Kadena network offers new and innovative Layer 1 scalability and proof-of-work (PoW) solutions that provide equal opportunities for private users and companies.

A hybrid blockchain based on Proof of Work (PoW), the Kadena blockchain ecosystem is the first scalable blockchain. As a result, the Kadna cryptocurrency project, the KDA digital currency, has become one of the fastest crypto projects of all time.

What are the advantages of Bersipa coin over previous networks?

In the world of electronic wallets, Bersipa is the first wallet that supports all digital transfer networks, including the string network. Here are 17 reasons why the Bersipa cryptocurrency is superior to all other cryptocurrencies:

 

  • The first fourth-generation blockchain project:

With the advent of bitcoin, blockchain technology underwent its first generation. Blockchain’s second-generation gained considerable popularity with the introduction of smart contracts by the Ethereum network (ERC20). However, due to the weak scalability of the network and a sharp rise in transaction costs and approval times during congestion requests, manufacturers were compelled to design blockchain’s third generation.

 

With Tangle and Hashgraph, the next generation of technology, scalability, and network costs are addressed without relying on the traditional blockchain and physical miners for confirmation. Instead, users or nodes had to approve two previous transactions by using a comprehensive ledger to validate each transaction.

 

Users quickly accepted the technology, but the island nature of tangle technology, vulnerability to cyber-attacks, and lack of support for many decentralized applications led to the emergence of the fourth generation of blockchains.

 

String networks will be the fourth generation of blockchain, making them the most advanced technology available in the world of cryptocurrencies today.

 

With its claim of infinite scalability, zero network cost, and the ability to support various programming languages, the String Network is unique in the world of cryptocurrencies, and Bersipa coin will be the proprietary currency that will be available through DEX in Bersipa wallet as it launches at the beginning of 2023. It means that Bersipa coin will be the first and only cryptocurrency that can be used for any activities on the string network.

 

  • Almost infinite scalability:

 

Due to the nature of the technology used by the string network, it becomes more scalable with every input transaction. In a horizontally and vertically parallel network, the network detects and creates new strings whenever the network requires a large number of transactions.

 

A smart controller switch will operate this mode when the volume of transactions exceeds half of the network’s volume and new strings will be created. The amazing scalability of this network will lead to its development, and since Bersipa is a local coin that supports this network, developers and other users should use Bersipa coins accordingly to the activities they want to carry out.

 

  • Zero transaction fee:

 

This network has a remarkable feature in that both the source and destination networks are string networks, and if one network is the string network and another is the other network, then the transaction cost is one-tenth.

 

By providing zero network fees, organizations and companies that want to move large volumes of transactions with high values can do so without paying network fees, however, a response is a basic requirement in order to perform this transfer. In order to make a transaction on the string platform, the wallet must hold at least one Bersipa cryptocurrency.

 

4- The Fastest Network in The World

 

String networks with infinite scalability are the fastest and most advanced networks in the world. This network will have a speed that is estimated to be ten times that of the fastest network at the time of writing (April 2022), compared to namely Solana, which is a first of its kind. Bersipa, the network’s domestic currency, is expected to grow in value as a result of this high speed.

 

5- Using Various Protocols

 

Providing different protocols allows users to take advantage of the various benefits of each. In its structure, in addition to using Bersipa’s proprietary protocol, the string network also uses POS, POH, and Casper protocols to provide the facilities each to its users and investors. Developers of all kinds of smart programs and contracts can use the network’s proprietary protocols using Bersipa Coin.

 

6- AI Divergence

 

The main problem with the previous networks was the lack of peers and support for each other’s programming languages, which resulted in issues such as limiting users to features of one platform, lack of access to features on other platforms, and complicated processes, which were time-consuming and costly.

 

 

The first network address and all its addresses must be removed and recreated in the destination network in order for the programming language to be changed and a connection to be made.

 

In the string network, Divergence artificial intelligence technology was used to solve the problem. All types of networks, DAPPs, and oracles will be recognized by this system – if they meet the minimum requirements to be recognized – automatically and in languages supported by the system. In addition, C++, Java, Solidity, and Phyton will be modified and a new version of those platforms will be presented on the string network.

 

To operate this technology, specific fuel must be applied. In the future, a large number of businesses who wish to transfer their system to the string network will be required to purchase Bersipa bitcoins in order to do so.

 

7- Bersipa wallet local currency

 

A Bersipa coin, known as the local currency of Bersipa’s wallet, is required for all processes in this wallet, and public nodes must have at least one Bersipa and private nodes must have at least ten Bersipas always in their wallets. Bersipa coin will also cover any transaction costs associated with Dex and Dex aggregator. It is expected that the currency trading pairs of the wallet will often be the same cryptocurrency in the future, causing it to grow at an extraordinary rate.

 

8- Fair Distribution of Coins:

 

An obvious and valuable example of a cryptocurrency project is Clear and Fair Tokonomics. Providing a high percentage of a currency to the founder and development team, focusing on a few specific addresses, and providing fair public access to that currency are criteria for reliability.

 

In addition to providing one of the fairest tokenomic systems in the history of cryptocurrency, the Bersipa Coin and Bersipa Wallet network are imposing a sales limit of 15% up to three years after receiving the allocated share, making this one of the safest investment projects with fair technology.

 

9- High Security:

 

Due to the placement of Bersipa coin on the extremely secure string network, this cryptocurrency is among the safest for long-term trading and investment, and investors can use this cryptocurrency without any concerns, specifically if they hold this token in the Bersipa wallet. Holding can be more profitable if it is along with the staking process.

 

10- Using the Governor Token System or DAO:

 

Recent years have seen the development of the DAO to reinforce the idea of a decentralized currency world and to make fair decisions on behalf of project stakeholders. By following this system, organizations are able to control the development of their systems and shape the future of a protocol.

 

Governance token holders can influence project decisions such as proposing or deciding on new features or even changing its governance system. By installing Bersipa Wallet and participating in the future voting of this project, any individual in the world can be recognized as a public node and express their opinion.

 

11- Bersipa, A Wallet Without Bitcoin Dust:

 

It consists of the smallest unit of a cryptocurrency, below the minimum amount permitted for sale or that cannot be withdrawn from the exchange due to withdrawal restrictions. The accumulation of different amounts in each of the currencies traded can sometimes generate significant amounts, which are the definitive assets of each user, even though these amounts are often underestimated.

 

Bersipa Wallet has made it possible to convert Bitcoin dusts into Bersipa Coins in order to prevent inaccessibility to these assets. Bersipa wallet will not contain any balance in any currency and users will be able to exchange their account balances up to 18 decimal places to Bersipa coin.

 

    12- Automatic Supersede of Transaction History:

 

To validate and approve new transactions, a history of all transactions performed in the network must be maintained, which will increase the volume of the network and delay the transaction process. In the Bersipa wallet, the string network validation system will be eliminated without the need to retrieve the history of all transactions, which are usually one month out of date and have received high-time approval from both public and private nodes. It will essentially remain a screen on the network.

 

By removing the old transactions from the archive cycle, the new transactions are processed more quickly while the network load is reduced.

 

13- Decentralized financial system:

 

 Over the past few years, the Decentralized Financial System (DeFi) has proven to be useful and superior to traditional finance, and with the boom of cryptocurrencies, it has been widely embraced by investors. This system is widely used in the lending system (Borrowing / Lending), which eliminates the time-consuming process of credit approval and lending through traditional financial systems. In addition to all the perks announced in the white paper, Bersipa wallet also offers loans and even lending options.

 

14- String, an Open-Source Network

 

The main characteristic of the cryptocurrency world is its decentralization. The open-source nature of the programs ensures that passwords are decentralized and that there is no central governing authority in the network and that all users are equal.

 

Using String Network is an open-source technology that is fully decentralized, allowing users and other companies to benefit from its capabilities. The Bersipa coin will thrive and develop as the main currency of this technology.

 

15- String, a Store of Value Technology

 

 A store Of Value is a type of asset that retains its merit rate without depreciation over time. Gold and silver are among the most well-known traditional assets with dazzling value.

 

With the advancement of technology and the introduction of cryptocurrencies to investors, Bitcoin was publicly accepted as the first store of value assets. According to the evaluations of string technology, and the unique capabilities of this network in a short time, this system will prove its position as a valuable and investable store of value asset. The symbol of the value and credibility of this tag will be the Bersipa coin.

 

16- Unique DAPP platform

 

Supporting WEB3 technology provides a user-friendly platform for users to access different DAAPs in Bersipa wallet. Free access to the trading brokers’ platforms like Binance and Cocoin, which have already existed in wallets like SafePal, is also one of the capabilities of this wallet.

The existence of Bersipa coin as the native coin of this wallet can play a significant role in the development of decentralized applications in the context of this wallet.

 

17- Bersipa.io WEB3 website

 

Bersipa.io website is the foundation’s main website and the reference to the Bersipa wallet string network where information on new technologies provided by Bersipa Institute can be found is available on the Bersipa wallet WEB3 Platform or by using Metamask wallet. It should be mentioned to connect and use these services, Bersipa coin is considered as its main fuel.

How to Gain Bersipa Coin

Bersipa coin, the first String network cryptocurrency with amazing capabilities that have been mentioned before, can be obtained from 2023 in eight ways, which are as follows:

 

1- Private sale:

According to the official whitepaper announced by the Bersipa Foundation, 16% of the total coins of this large String multi-project will be sold through a private party on November 23, 2022, in Dubai, Emirate, which is attainable by proponing invitation. Individuals or legal entities, companies, or public or private organizations can apply to attend this private party via the following email to receive an invitation card after their qualifications are being reviewed.

info@Bersipa.io

Bersipa@gmail.com

 

The minimum purchase amount in this private sale will be ten thousand dollars and the maximum will be one hundred thousand dollars.

The base price for the sale will be $ 0.7. The total amount allocated for this private sale will be 10,656,000 thousand coins equivalent to 7,459,200 thousand dollars.

All profits from this private sale will be spent on project development and string network servers.

 

2- Installing a wallet:

 

In mid-December 2023, the wallet will be launched and entered the market. By installing the Bersipa wallet, 2 Bersipa coins will be automatically added to the wallet balance. Also, by sharing the join link and creating the account of the invited person in Bersipa wallet, another Bersipa coin will be added to the subscriber wallet. This plan will continue for 2 years or until the end of the amount of 100,000 Bersipa coins that are allocated for this reason.

 

If a person wants to sell their Bersipa coin, it will be possible in two ways. Until the free trading of the coin opens in the market, anyone who wants to sell their Bersipa coins can sell them for $ 0.8 in the DEX of Bersipa wallet, which will probably be July 2023.

 

To convert to Dex Bersipa, the required amount for each swap will be at least $ 20 of Bersipa cryptocurrency. If the value is less than $ 20, the person must either attract more Bersipa to sell by introducing more to others and providing an invitation code or wait until July, when the market opens in exchange offices.

 

3- Public sale:

 According to Bersipa Tokonomic, 5% of this currency will be available for sale to the general public in a Bersipa wallet via Dex from January 6 to 20, 2023. Accordingly, buy each unique wallet address with a minimum of 100 GEL and a maximum of 2,000 USD equivalent to Coin Bersipa. The base price for this offer will be one dollar and can be purchased with Bitcoin, Atrium, and Tetra currency pairs. Due to the ability to be decentralized and no need for authentication, any person anywhere in the world without authentication can partiBersipate in this public offering by installing BSIP. The total coins that will be sold in this public offering will be in the set of 3,330,000 coins and will be offered for one dollar from January 6 to 20, but if some of the coins have not been sold on this date, the price will be from January 21, 2023, The Bersipa base will increase to $ 1.2 for the remaining coins.

 

4- Staking:

  Stacking is the process of asset retrieval to reward and assist transaction verification operations of a blockchain that is widely used in networks that follow the POS mechanism. Bersipa wallet provides a space on its platform where users can deposit six cryptocurrencies Bitcoin, Ethereum, Bersipa, FTX, Iota, and BNB in exchange for Bersipa coin, each of which has its own coefficient and formula. Yes, earn money.

 

5- Lending:

A lending system of digital currencies is a loan that is given to users by pledging the password of certain currencies. In other words, digital currency lending has a function similar to peer-to-peer lending; That is, where borrowers and lenders connect to each other through an online digital currency lending platform. In Bersipa wallet, like any other professional trading platform, you can receive Bersipa coins by pledging the specified currencies and with a certain coefficient every year.

 

6- Airdrop and advertisement

One of the most popular ways to advertise in the world of technology is to award prizes in exchange for promoting a project or working on social media. By installing Bersipa wallet or partiBersipating in AirDrop programs announced by Bersipa Foundation, you can get Bersipa coin, each of which has a special amount and conditions that can be provided over time through the specialized or social networks of this foundation.

 

7- Activity as a Private Node

The string network is the first network that validates both public and private nodes to achieve the goal of decentralization and increase network security. Public nodes, which will be a compulsion for users to operate in the network that anyone who wants to transfer currency in this network or work with BPV, should be very easy and convenient and in a fraction of a second, with three confirmations of transactions in the network, Obtain permission to operate as a public user. This is a proven process for network decentralization, but to perform the final transaction confirmation, the string network will need the approval of private nodes, which will be called in Jul-September 2022 to attract private nodes. Private nodes receive rewards in two ways with the final approval of transactions on the network. At first, they will receive Bersipa currency as a profit for 10 years, and after ten years, the nods’ profit will be provided from the income of Bersipa wallet Dex and the income system of Bersipa Foundation technologies. The full description is in the article “Private Nodes Revenue System in String Network”.

 

8- Purchase from the market:

Those who have not been able to acquire Berspia Quinn from November 2022 to July 2023 through the 7 methods mentioned above, can buy there from July 2022 onwards, when the trading chart of this currency opens in exchange offices. However, due to the unique technology of the string network and the various products of this network, its trading chart is expected to be at a higher price than the prices offered in the past few months on other platforms. The lowest price forecast is $ 0.5, the highest price forecast is $ 66, and the average price that people predict, according to the theory that people have about the Bersipa cryptocurrency in a Twitter post where they were asked about the Bersipa price on the charts. It has been around $ 4, which shows how profitable it can be to buy Bersipa in the initial public offering, private party, steak, or wallet development with the invitation code.

BERSIPA STRING

DISTRIBUTED

The ecosystem of the BERSIPA network was prepared and adapted based on a modular economic model that can manage and grow both strings’ intricate network and BERSIPA cryptocurrency technological protocols. It can also meet the economic policies of different countries and can be beneficial both for retail and institutional investors.

Following many studies, we combined the 13 important allocation parameters and prioritized 7 eventual parameters. The final tokenomics is presented as follows:

 

*The number of coins:

The string network will have 66,600,000 million coins at its maximum and final amount, as determined by the BERSIPA economic model. This amount will enter the cycle based on the market by the following patterns and will be distributed in different networks and among different parties.

  • Foundation, Programming & Development Team

 

Each major project at the macro level has three different teams, including the project foundation, the development team, and the programming team. Since the BERSIPA Foundation and the development team are the same, we will only discuss the two other parts: the foundation team and the programming team here.

The two mentioned teams will share 18% of the total nominal reserve of SIPA coins in the large BERSIPA String project, which will consist of 11,988,000 SIPA coins, each for a share of 15% for the BERSIPA Foundation and the BERSIPA programming team. Also, for the BERSIPA development team, 3% is taken into account respectively.

 

2- Private Sale for Investors

 

The BERSIPA String project is a knowledge-based, distinctive, beneficial, and global project that has also incurred a great deal of cost to its foundation.

To coherent and efficient development of this network, companies, organizations, and critical individuals will need to invest time and capital. Accordingly, in the fall of 2022, BERSIPA Network will invite several companies, organizations, and important individuals to sell a relatively large part of BERSIPA Network shares at a private event.

 

Appropriately, 16% of the total nominal reserve of SIPA coins, which includes 10,656,000 coins, will be available for purchase at the event. At that private event, any person, legal or real organization can buy a minimum of 10,000 USDT (or by the Bitcoin or Ethereum pair) and a maximum of 100,000 USDT by each wallet. The base price will be 0.5 USDT for the institutional participants who take part in the private sale event.

BERSIPA Network has imposed such a restriction on not accumulating coins in one place. The event is expected to take place in the United States in December 2022, and companies and organizations will be notified and invited by an electronic invitation through their social media accounts. If a company has not been specifically invited to the party, they can email BERSIPA Foundation and request the terms and conditions for attending a private event at info@BERSIPA.io.

 

3- Stake Rewards

 

One of the most important strategies for the growth of the string network in general and decentralizing this network is the gradual introduction of coins through stake rewards.

Accordingly, 16% of the total nominal reserve of SIPA coins, which is equivalent to 10,656,000 coins, will be entered into the market through staking, according to a special schedule which has been described in a separate article entitled BERSIPA Network Financial Structure.

This will be a justice-oriented method of establishing the String Network around the world. The process of staking will be presented freely through the BERSIPA Wallet. Due to the completely free and decentralized nature of the BERSIPA wallet, this would be the easiest way to acquire this coin globally. SIPA Coins can be received by anyone whom the stake course has been completed by installing a BERSIPA wallet and staking their assets.

 

4- Liquidity Pool

 

Since BERSIPA is a native coin in the string Network, it also includes decentralized financial programs within itself which we call BERSIPA Bank. Large networks should have a reserve fund to control inflation, develop Networks, liquidity supply, and have their own bail and lending procedures.

There will be a total reserve of 23% of BERSIPA coins, which is equivalent to 15,318,000 coins in the main pool of this project which will be allocated for the network’s financial programs. In the section on the financial structure of the BERSIPA network, the purpose of this section is discussed as well. Predictions are that BERSIPA will become available at the beginning of 2023, after the final network test, and before the main network becomes mainstream.

 

5- Public Sale

 

The process of selling the network to people all over the world is another important way to distribute the network evenly. Therefore, 5% of the total nominal reserve of BERSIPA coins, which is equivalent to 3,300,000 coins, will be sold in a public sale through the exchange platform and as an Initial Exchange Offering before the main network is mined.

It is expected that the first part of the public sale (which is 2% of the allocated amount) is going to execute on December 15, 2022, and the second part of the public sale (the rest 3% of the allocated amount) is going to execute on February 18, 2023, through a worldwide event that holds on Coinbase, USA.

Every participant can buy a minimum of 100 USDTs (or by the Bitcoin or Ethereum pair) and a maximum of 1000 USDTs by a wallet. The base price will be 1 USD for the participants who take part in this auction.

 

6- Airdrops & Advertising

 

For a network to grow and develop over time, it must be seen and accepted by the public continuously and permanently. Financial market fluctuations may make this accompaniment not permanent, and if a currency holds the record for some time, it may fade away from public memory over time.

 

It is, therefore, necessary to use continuous advertising and permanent prizes for the development of the network and its further dissemination by followers in the world, and for this purpose, there should be an advantage for the activists in this field so they will always accompany.

 

In addition to the Airdrop discussion, multiple and extensive advertisements require good capital. In this section, 10% of the total nominal reserve of BERSIPA coins, or 6,660,000 coins, will be allocated to advertising and airdrops, with 6% allocated to advertising and 4% to airdrops.

 

7- Node’s, Partnership, Advisor, and Network Development Share

 

Last but not least the technological distribution of the BERSIPA project is that the BERSIPA network has determined a separate profit for:

 

  • Private nodes
  • Future partner companies
  • Consultants

and

  • network development, which receives the total share of this section.

 

There are 7,992,000 coins in total in the BERSIPA nominative reserve, of which 12% are private network nodes, 2% are future partners, 2% are consultants, and 4% are for network development.

BERSIPA STRING