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Seismic: The Encrypted Blockchain That Could Reshape Web3
- Seismic aims to address the transparency issue in most blockchain networks by providing encrypted solutions for contracts and transactions.
- The project focuses on privacy as the default setting in its Layer-1 blockchain, utilizing Trusted Execution Environments (TEEs) for secure smart contract execution.
- Developers can build various applications on Seismic such as private lending markets, front-run-resistant DEXs, encrypted games, and secure social platforms without requiring advanced cryptography knowledge.
- The project raised $7 million in a seed round and consists of a team with expertise from Stanford and leading crypto-native firms.
- Seismic's mainnet launch is scheduled by the end of the year, offering functionalities like private finance, invisible DeFi, fairer games, and secure social apps.
- The project's unique Magnitude system rewards community members based on real contributions, promoting a purpose-driven community in Web3.
- Emphasizing privacy as a necessary aspect of blockchain, Seismic focuses on respect for user boundaries.
- The project advocates for user control over data in a Web3 world where privacy is crucial.
- The Seismic Discord community is described as a welcoming space where developers, artists, and beginners interact respectfully.
- Weekly events like quizzes and poker nights foster a supportive environment within the Seismic community.
- The community's organic, respectful, and warm atmosphere sets it apart in the Web3 landscape.
- Technology and culture both play essential roles in attracting and retaining community members, with Seismic excelling in both aspects.
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