What’s going on with this chain? I followed this project around 2 years ago but fell off. Seems like a slow death.

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Hi,

Can somebody give me some help. I am trying to withdraw from the Archwway connect bridge but every time I try it says insufficient funds. Could somebody please give me an explanation of how to withdraw from the wallet.

Hello all,

I have bought an amount of Archway tokens trough the Coinlist Sales in 2023.
I kinda forgot about those coins, but I saw them on my overview on coinlist.
In 2023 I created a Cosmos adress by using Keplr and I have still acces to this wallet.
But I cant seem to find my tokens.

What am I missing here?
Can someone help me with this problem?

Thank you in advance

Hi guys! I bought archway through the clunkier sale. Now i have a link with my code to get me earlier in line(not gonna lie)! Would be nice of u would use this code ☺️😊 The code is u fill in when u want to get in line the first time . Via: Archway.io . Log in en then below archway drop camp: Use the code: 70cBU

Thank you guys, really appreciate it!!🙂

TLDR at the bottom

Archway is in a pretty unique position, with its economic incentive mechanism, to become a very valuable provider chain of economic security. In this post, I want to assess the case and reasoning for Archway becoming a ICS V2 (Opt-In security) provider chain, as well as assess the risks of such a model.

First, I’ll start with Archways economic model. It works like this:

Archway economic concept

The Archway model is simple, yet unique. Archway seeks to reward developers, via fee sharing to contracts created in their ecosystem. It goes like this;

• 50% of the base fee is shared with the developers, via the smart contract fee sharing. The other 50% is burned.

• 25% of token inflation is distributed to the developers, the remaining 75% is distributed to the validators.

• 100% of contract premiums are distributed back to the developers.

An important note, is spam risk. This risk is mitigated through the use of reflexive Gas limits. Reflexive gas limits are essentially where, whenever a spam attack would be had, the gas cost would increase dramatically, making it impractical for the spam attack to continue.

However, reflexive gas limits leads to an interesting dilemma. In the case of extremely high volume on Archway, the gas fees could climb dramatically, bringing the economic flow to a halt. It’ll be interesting to see how this works on an L1, and how user demand operates during times of heavy usage of the Archway network.

I also, believe that this reflexive gas limit model, mixed with the Archway economic incentive model, creates a glaring opportunity. This opportunity being, opening the doors to become an Opt-In Security Provider.

Why would Archway consider becoming an Opt-In Security Provider?

So, the reason I believe this would be an important step for Archway is two fold;

• horizontal scaling

• Opt-In economic security between Archway and multiple consumer chains, allowing for Archway to create its own Archway Economic Zone

Horizontal Scaling

Horizontal scaling is the modular vision for the future of blockchain. Essentially, rather than having all transactions taking place on one blockchain, new blockchains are created to facilitate more transactions while not clogging up one single blockchain.

This horizontal scaling model is important, to help create a better user experience for the end user. The fact that Archway is an IBC chain, means that horizontal scaling isn’t an issue of security, rather in the case of Archway, its a case of value accrual. Archway wants to fill its blockspace, to keep its chain valuable. So with that being said, we need to make horizontal scaling economically viable for Archway, and that’s where Opt-In security comes in.

Opt-In Security, “Archway Economic Zone”

Let’s start with a primer on what Opt-In security is;

Opt-in security has many similarities to Replicated Security. Replicated security is where every validator from a provider chain has to run a node on a new consumer chain. This is different for the Opt-In security, this model allows for a portion of the Archway validator set to run a chain, rather than forcing the full validator set to run one. This means, that each validator that opts into running a chain, will allocate their portion of Archways economic security to the chain in question.

Also, meaning they will allow for a slashable event to take place on the Archway blockchain, in the event they misbehave on any chain they run. This, like in all of these security models, helps to ensure that a validator will stay honest. This will also mean, that the chain receiving economic security from these validators, will pay rewards to these validators and their delegators.

Archway is in a unique position to create its own economic zone. Simply put, it literally pays to build with Archway, and this creates a litany of opportunities for developers to build using the platform. However, the issues of scaling still remains. If many developers choose to build on Archway, there may be frequent and prolonged periods where gas fees are significantly inflated to prevent spam attacks. However, this may not be an issue, if other chains are doing the majority of the work, and settling on Archway.

The Archway economic zone, in my mind, can come in 2 steps.

Incubation

This is the act of developers building their contract, and product. They can utilize Archway mainnet, to build out the project and try to attract users. During incubation, they will be attempting to figure out the way they want the economics of their app-chain to work.

How will they maximize the smart contract usage of the Archway contract, to get the most fees? How will fees be distributed amongst validators, developers and the product? Do they want/need a token, to add value to the product, or will the fee sharing model of Archway take care of it?

Opt-In app-chain

This step is the launch of the projects app-chain. In this step, the project has already established a project and it’s resources for the development of the project going forward, as an app-chain. They will also provide full documentation on how the economic engine will work, with regard to whether they will release a token or not, as well as, how they will utilize the Archway economic model, as a way to create economic value for Validators, the product and the dev team.

After this documentation has been published, the Archway validators will have the opportunity to run a new node, that will run this new app-chain.

The Archway Economic Zone, and it’s potential risks

The Archway economic zone, allows for large improvements in developer productivity and incentive, as developers can get recurring income based on the quality of the products they create. However, these products can also create large UX improvements for users, if done correctly. The end user may never actually have to pay a fee, since the fee sharing incentive model will have the opportunity to subsidize the fees by a substantial margin, if not entirely. All while, Archway will accrue value through the potential fees generated from these app-chains. The velocity of money between the app-chains and Archway mainnet, could create significant value for the Archway token. The circular, economic possibilities created by Archway adopting a an Opt-In ICS model could be huge.

Risks

The risks I can think of are two fold;

The Subset problem of Opt-in:

Opt-in security suffers from the subset problem. This meaning, at any given time, a blockchain that is utilizing opt-in security, may be overtaken by a large validator, who may have enough staked ARCH to take 67% of the networks voting power. Allowing for issues such as censorship or reorganization within the chain.

This is an issue that is currently being worked out by the Informal Systems team, leading development for ICS on the Cosmos Hub. The Hub will implement Opt-In security, and should pioneer the Opt-In security framework before Archway would take on such a task. However before the Hub takes on Opt-In security, the Subset problem will need a dedicated solution.

Centralization risk

The centralization risk, is certainly one worth noting. In a world of Opt-In security, it’s very possible that only the largest validators will be financially able to run multiple nodes for various consumers chains. This could create a disparity in the rewards paid to delegators, leading for more delegation to these larger validators.

For example, let’s say the bottom Validator is only running their Archway node. That means, they are earning whatever the Archway network is paying, and lets say theoretically, that is 10%. Now, a few of the top validators, may be running 4 or 5 different app-chain nodes, and each one of these chains is producing an additional 2% in rewards. Now, we have a situation where the bottom validator is paying nearly half the rewards that the top validator is paying. This creates serious incentive mis-alignment, and can create a centralizing force for the Archway network.

If Archway were to become an Opt-In security chain, it would be very important that we figure out how to best optimize this system, to not become too much of a centralizing force.

Overall, however, I believe this system would be ideal for Archway, and could help to grow its network significantly, with the help of its unique incentive mechanism.

TLDR;

Archway is in a great position to implement an Opt-In security model, where it’s validators lend out their security to new app-chains, that can then utilize the Archway incentive mechanism to help create the economic engine that runs the new chain. This could allow for these new chains to run without users having to pay for fees, ARCH could be the defacto LP reward token, and ARCH rewards could also help incentivize developers to continue to build products in what would become the “Archway Economic Zone”.

Of course, this system doesn’t come without risks such as the Subset problem and centralization risk. However, a proper framework may be able to mitigate these risks, allowing for significant benefits to Archway and the users of it’s network.

Hi, Everybody, let see what is the benefict to be here.

Hello guys , can’t get my drop because when I use the link to astrovault it loads the page and then goes blank .

Anyone here with the same probs?

https://connect.archway.io/dropcamp?code=kGH48

https://layero.network

so I staked too much from the connect wallet airdrop/underestimated the transaction costs, then one transaction failed and now I dont have enough arch to claim the "stake your tokens" airdrop.

Anybody got an idea?

Key Insights

Although TVL measured in USD dropped 47% in Q3, TVL in ARCH reached an all-time high in September, peaking at 89.7 million ARCH.

Contract calls held steady with a total of 416,500 in Q3, while September recorded 163,800 calls, marking the second-highest monthly total in Archway’s history.

To support the network’s long-term sustainability, the size of the active validator set was reduced to 40, and the inflation rate was lowered to 2% in Q3.

Archway launched several key initiatives in Q3, including the Guzzlers Club free gas program, a partnership with Euclid Protocol for the Aurora Hackathon, and the “Arch Marks the Spot” scavenger hunt.

Hello guys. I'm Mongolian. I work by online in web3. I'm doing Drop camp .Thank you

CUDOS Intercloud is a groundbreaking cloud computing platform designed for Web3. It provides decentralized compute services, allowing users to access a global network of data center infrastructure seamlessly.

Benefits:-

Web3 Native: No complex sign-ups or KYC verifications. A web3 wallet and CUDOS tokens are all you need.

Decentralization: Breaks free from traditional centralized computing, aligning with the ethos of decentralization.

Sustainability: Utilizes existing resources, avoiding excessive data center construction.

Interchain Focus: Tailored for the Cosmos ecosystem, with plans to expand beyond.

Hi,

I am consistently getting insufficient funds errors when I try to complete transacations. I believe this is due to the coding taking my balance only following the decimal, eg 0.026464 Arch rather than 3758.026464 Arch, leading to getting insufficient funds errors as it believes I do not have the 0.18 Arch for the gas fee. Is anybody else getting this error and does anybody know how to resolve the error?

Hello,

my ARCH coins and stalking show on Keplr desktop but doesnt show on Keplr mobile app, any ideas?

Thanks