Bware Labs proposes a solution for decentralized, reliable, and fast access to the blockchain, a challenge that has remained unsolved in the Web3 space. They introduce the concept of "Proof of Quality," where node owners can join the Blast Protocol as Node Providers by registering their nodes in a permissionless way. Nodes are continuously verified against performance indicators, and if they fail, they are jailed or deactivated. The Blast Proxy, a custom C++ software, efficiently handles user requests and routes them to the most performant nodes. The platform uses the INFRA token, an ERC-20 utility token, to incentivize Node Providers and delegators. The tokenomics include allocations for protocol incentives, treasury, core contributions, insurance fund, marketing, incentivized testnets, community airdrops, liquidity on DEX and CEX, and investor allocations.
Bware Labs aims to combine the performance of centralized providers with the benefits of decentralization, offering high-quality API services for Web3 applications. The decentralized nature of their solution allows developers to focus on coding without managing infrastructure, while maintaining data integrity and scalability.
To address this challenge, Bware Labs proposes a solution called Proof of Quality, where node owners can join the Blast Protocol as Node Providers. Nodes register in available slots within the platform and are continuously verified against performance indicators. Nodes that fail quality checks are jailed, and continuous failures lead to deactivation.
The Blast platform includes the Integrity Protocol, a distributed software that monitors and verifies node performance in four dimensions: sync state, data integrity, latency, and uptime. The Blast Proxy, written in C++, efficiently handles user requests and routes them to the fastest nodes.
The platform introduces the INFRA token, an ERC-20 utility token, to incentivize Node Providers and delegators. Node Providers can create staking pools, stake INFRA tokens, and receive rewards in the form of an APY. Delegators can stake INFRA tokens in pools to receive APY rewards.
The total INFRA token distribution consists of different pools for protocol incentives, treasury, core contributions, insurance fund, marketing, incentivized testnets, community airdrop, liquidity provision, seed round investors, series A investors, and advisors. Various vesting schedules are applied to different pools to ensure a fair and sustainable ecosystem.
Overall, Bware Labs aims to provide a decentralized, reliable, and high-performance Web3 development space through the Blast Protocol and the INFRA token.