Maxim Vereev

Why API Inu?

Chart Solution

Using blockchain data + chart libraries to provide bespoke chart solutions.

dAPI

Decentralise API connect with web3 smart contracts.

Marketing

Roadmap for listing, marketing, seo, branding and partnerships.

$API Team

The Beacon Server contract maintains a cache of on-chain Beacon values readily available for smart contracts to retrieve instantly as illustrated in figure below. A Beacon is updated when a pre-defined tolerance of the Beacon's value is detected. Each Beacon has its own configuration parameters that define when and how it updates. dAPIs (Building on Beacons)

API Inu Beacons

First-party transparency delivers security and efficiency

Operated by the market’s most trusted and reliable data providers, Beacons are a transparent, cost-efficient and scalable way for smart contracts to interact with the off-chain data they need.

Beacons allow smart contract developers to connect Web3 applications to continuously updated streams of off-chain data, such as the latest cryptocurrency, stock and commodities prices. Operated by the market’s most trusted and reliable data providers, Beacons are a transparent, cost-efficient and scalable way for smart contracts to interact with the off-chain data they need.

Designed for Defi

Transparent, immutable, and cryptographically verifiable

Large hybrid datasets (like payout schedules and token bonding curves)

Web3 based “all-in-one” experience for unified data management

$API Tokenomics

Reflection of 0.9% towards holders based on their total holding/total supply.

Deflationary Token - Every transaction further burn 0.45% of transacted sum. On launch, 50% of total supply was burnt to 0x00000dead address.

Any purchase of API Service will be buyback 9 : operations 1.

Nodes operated by API providers

Web3 APIs - Call any Web API directly from a smart contract.

Data Querying - Public blockchains are data machines—price, volume, history, the list goes on. The APIS allows you to discover the latest trends, reveal transaction histories, and search across portfolio holdings of yours and others’ wallet addresses.

Blockchain Service

Lower the entry boundary of Crypto-economy network.

a decentralized governing entity to oversee the oracle network.

multiple APIs, where the term API not only refers to a technical interface, but a service that a real-world business provides.

What is API Inu?

API Inu is a secure and cost-efficient solution to provide a traditional API service to smart contracts in a decentralized way. It is composed of the following elements:

• multiple APIs, where the term API not only refers to a technical interface, but a service that a real-world business provides;

• a decentralized network of first-party oracles, i.e., oracles operated by the API providers themselves;

• a decentralized governing entity to oversee the oracle network.

API INU combines the decentralized technological solutions with a strong meme culture. It helps to emphasize the community focus and the denial of centralized solutions.

Provide a traditional API service to smart contracts in a decentralized way.

Everything you need in one place

filecoin

crust

sia

arweave

0chain

lambda

storj

Connect to different chain using decentralized API service.

$API is Listed on

1% attack protection​

There have been several 51% double-spend attacks in the crypto space during the last few years. Thanks to a fork from Snowgem, Gemlink is equipped with tools like Thor’s Hammer. If You are interested in more details. A great article was written by Hugo Zupan about Thor’s Hammer system.

more info: https://medium.com/@hugozupan/thor-s-hammer-51-attack-solution-1c35ba84129e

Voting system

Voting system operates through masternodes and our goal is to make the system work more actively. The community focused around Gemlink should have a possibility to share their vision of Gemlink development. The voting system will provide possibility for the users to take part in matter-of fact discussion on a given problem. This service Gemlink inherited it from Snowgem Coin.

Mining

What does mining look like with Gemlink? Gemlink uses the Equihash 144_5, pers: sngemPoW cryptographic algorithm which does not allow ASIC mining. Most often, the process is carried out using excavators with graphics cards. The average block time is 1 minute and the reward is 30 Gemlink. However, you need to remember that each reward is 15 Gemlink for masternode service, 6 Gemlink for the Development Fund, the reward is currently 9 Gemlink for the miner. Reward every four years is reduced by half.

You can currently mine Gemlink from 19.02.2022 on selected pools:

Masternodes

Masternodes were added to SnowGem by Txid in May 2018. The role of Masternodes is to authorized and to store a copy of the blockchain as well as to maximalize data dispertion and verification of transactions.It is obvious that the more authorizing nodes, the better the security of the network is. Maintenance cost of masternodes is on user side but Gemlink pay back for maintenance using Gemlink coin.

Masternodes support the network by contacting other nodes of Gemlink network by news propagation of the current state of the network and blockchain. The created masternodes will ultimately be integrated into one system to make the masternodes generation as easy as possible.

You must have 20,000 Gemlinks coins locked to run the masternode. This amount cannot be spent and is seen in the wallet as a blocked amount. As a reward, the percentage of the reward will be paid out of the value of half of the newly created block.

The most important part of this solution is the advanced encryption algorithm, i.e. zk – SNARK. It allows the correctness of the information to be stated without the need to disclose it. The transaction data is validated, but both the sender, recipient and the transaction amount remain completely anonymous. Of course, there is also the option of having transparent trading deals if you don’t want complete privacy. The primary advantage of Gemlink is without a doubt that you can make completely anonymous transactions. Neither the sender nor the recipient can be identified. Gemlink also does not store information about users’ keys, which means that your data as the owner is subject to greater protection. Gemlink also does not store information about users’ keys, which means that your data as the owner is subject to greater protection. Security is also enhanced by the fact that it is impossible to know in which previous transactions a given coin has been used.