Cross-Chain smart contract apps

Decentralized Smart Contract Applications

Decentralized, smart-contract-based applications can be developed, deployed, and launched autonomously, bypassing traditional governance and voting requirements. This innovation streamlines the development process, enabling rapid and straightforward creation of decentralized omnichain applications using CosmWasm. Leveraging the messaging protocol, smart contract functionalities can be seamlessly integrated into messages, facilitating comprehensive omnichain transactions within a single user action. This approach not only simplifies the transaction process for users but also enhances the efficiency and interoperability of operations across different blockchain networks.

Application developers engage with the Auran network by deploying smart contracts, staking tokens, and registering their applications. This process involves setting up dedicated application wallets by the nodes, funding these wallets, and executing transactions. To sustain application operations, developers must replenish staked tokens regularly, with the option to incorporate user fees to automate financial management based on user engagement.

Standard libraries

Contracts activated on Auran gain access to the network's standard libraries, encompassing data on cross-chain user activities and assets. These libraries also facilitate utilization of the network's primary liquidity pools and the creation of application-specific liquidity pools. Additionally, contracts have immediate access to the messaging protocol features, enabling interaction with all networks within the Bitcoin Ecosystem.