Implementation and usability considerations

The 1Money Network uses the same elliptic curve signature scheme and account addresses as Ethereum, ensuring a familiar user experience.

Transaction fees: The 1Money Network simplifies transactions by using the asset being transacted (eg, a stablecoin) for both payments and transaction fees. This eliminates the need for users to hold multiple tokens to support a payment (ie, a native gas token in addition to the stablecoin they are transferring). Transaction fees are fixed and predictable, ensuring transparency and fairness. With the 1Money Network, there's no risk of MEV attacks, priority fees or surge pricing.

Bridging​

The 1Money Network will be offering multiple secure, trust minimized options for cross chain interoperability with ample liquidity.

Sharding

The 1Money Network's broadcast-based protocol leverages horizontal node-level sharding to enable parallel transaction processing. With this design, 1Money Network can achieve significant throughput and scalability (at 250,000 TPS) to meet the needs of the industry, with significant room for growth.

Post-quantum security

The 1Money Network prioritizes long-term security, including post-quantum security. The network is designed to be adaptable to future cryptographic advancements. By incorporating an optional field for specifying signature schemes, the network can seamlessly transition to post-quantum secure signatures as they become widely adopted. This forward-thinking approach ensures the network's resilience against emerging threats.

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