Imagine you are building a massive community buzz for your initial DEX Offering (IDO) or an NFT drop, and predatory bots are hijacking your entire launch at the backend. That is the experience with leader-based blockchains like Solana, Ethereum, etc. They are notably known for aggressive gas wars and bot snipping. This is because sophisticated sniper bots seamlessly scan the queue on these chains, offer massive priority payments or bribe block proposers, just to have the best allocations within milliseconds. This, in turn, makes your real community members or supporters challenged with highly exorbitant network fees and failed transactions. From your launch day, such chains arguably alienates your core target audience, ruin community member retention, and ultimately devalue your project’s brand reputation.
How Does DMD Diamond Infrastructure Prevent NFT Bot-Sniping?
The DMD Diamond blockchain prevents bot-sniping natively by using leaderless HoneyBadgerBFT consensus with threshold encryption to hide transaction details until block ordering is finalized. As a result, sophisticated bots are not able to frontrun the queue on our blockchain. Every epoch, 25 active validators cooperatively lock the transaction batch into consensus before decrypting it. This renders priority-fee bribery unapplicable on our chain.
The DMD Diamond’s secret to the front-running-proof ecosystem is the native random transaction shuffling enabled by our blockchain’s built-in, true Random Number Generator.
Traditional chains utilize predictable block variables such as timestamps, which is why malicious actors could precalculate to frontrun. In contrast, the DMD Diamond blockchain eliminates such predictability, thanks to the HBBFT algorithm and threshold encryption. Once our leaderless HBBFT consensus engine gets a batch of transactions, the consensus-level random number generator randomly shuffles the transaction order. That mathematical blindness closes the door for any high-frequency, sophisticated sniper bot, hence creating a truly decentralized ecosystem where positioning can neither be predicted nor purchased.
Why Fair Launches Drive Excellent Community Retention for Web3 Projects?
Once a project shields its community away from predatory bot mechanics; trust, floor price stability, organic capital, and community retention become the core brand offering of such projects.
To GameFi project founders, NFT and launchpad architectural designers; building on top of the DMD Diamond blockchain or integrating with it offers you a marketing advantage like: mint and buy here, where bots are natively eliminated. That would undoubtedly influence your users’ experience positively and offer your project a sustainable, long-term ecosystem growth.
Can existing Solidity Smart Contracts be deployed natively on the DMD Diamond blockchain?
The DMD Diamond blockchain is completely EVM-compatible. This permits developers to retain their favorite deployment tools while instantly gaining a robust, more secure, front-running-proof base-layer. With ease, Web3 project creators can migrate ERC-721 collections, Ethereum-compatible token sales, GameFi smart contracts, etc., on top of the DMD Diamond without code rewrites.
Why are you still having your project on a leader-based vulnerable chain? Deploying your NFT collection or launchpad on top of the DMD Diamond blockchain means you will inherit a cooperative base-layer that protects your community’s ROI (return on investment). Here is our GitHub, network configuration guide, and whitepaper. You can join our Discord channel for further onboarding questions, too!
