TIFT token created on TRC-20 smart contracts in TRON blockchain. TRON is a platform for creating decentralized online services based on blockchain (decentralized applications), working on the basis of smart contracts. Implemented as a single decentralized virtual machine. We have developed 3 types of smart contracts TRC-20 in the programming language Solidity, based on latest information and security researches in Ethereum and Tron networks.
During the development, we took into account possible security problems and included a system of safe mathematical calculations, protection against “zero” wallets and a double transfer control system between wallets and contracts.
Banking Contract
The first smart contract is responsible for the operation of the token itself and consists of 300 lines of code, which are completely transparent and secure. The source codes of the token are always publicly available.
Farming Contract
The second smart contract is responsible for the operation of the farming system and the distribution of rewards for users. The system keeps records of each client and his account, allows for operations to replenish and withdraw funds from accounts. It calculates the amount of required remuneration and dispatch to the end customer.
Sell/Crowdfunding Contract
The third smart contract is responsible for the system of exchanging cryptocurrencies for TIFT tokens. Built on the best traditions of ICO, but refined and secure system for exchanging coins for a new token for investment, this feature allows customers to purchase tokens without waiting for farming. All funds received will be used to develop the project and pay commissions for publishing on exchanges.
Staking Contract
The fourth smart contract allows users to earn from staking the TIFT token itself. By opening an account on the official website and investing already received TIFT tokens, the user will receive a certain percentage of reward from the total amount of invested funds.
During the development of the project, we used many programming languages, libraries and scripts.
To develop the official website and services, we used the combination of HTML-PHP-JavaScript. For background works we are using Node.JS and Python Automation scripts. This information is classified and not provided to the public for security reasons.
Below is a diagram of the work of the TIFT project in the form of block diagrams and explanations of the process of information transfer and data processing.
Q4 2020
Q1 2021
Q2 2021
2021-2022
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