What Is ForTube (FOR)?
ForTube smart contract is a great invention. It is no longer only a digital cash system, but rather a Turing machine with logical processing power. However, due to the asset security and other requirements, Ethereum smart contract was designed as a mechanism that cannot be modified or upgraded, which imposes great challenges to application development on the smart contract. First, developers may make mistakes. Unnoticeable errors are more likely to emerge in complicated logic in a contract.
ForTube It’s impossible to ensure that all codes are correct even after strict and repeated logic checks and code audits. Correction and fix of potential problems and errors are inevitable. Second, the real world is ever-changing, where users’ needs won’t stay the same forever. Despite thorough and detailed consideration and design, problems in existing functions and new function needs will inevitably emerge, which requires smart contracts to be upgradable.
Ever since the launch of the very first Decentralized Application (DApp), data and asset security have always been the key factor affecting or even destroying a DApp. Endless asset security incidents continue to shock the whole industry. How to maximize the system security of blockchain applications and protect assets has become a major challenge faced by every DApp development and operation team.
ForTube Storage Key Points
|Circulating Supply||639,520,000.00 FOR|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
DeFi Technical Components
In response to the challenges in Ethereum DApp development like difficulty in contract upgrade, fixed data structure, slow on-chain interaction, poor user experience, lack of necessary infrastructure, and security issues, The Force Protocol proposes three DeFi technical components Fundamental component, extended component, and financial component, which collectively form “The Force”.
The force is well known by people through movie series “STAR WARS”, in which “the force” is the most important power to secure love and peace in the universe, drawing on this important concept, ForTube named your product “The Force”. The goal of your project is to realize an internet product level of development and upgrading pace as well as user experience among Ethereum finance DApps while maintaining their security.
Tokenized Protocols — ForTube
Based on “The Force” DeFi technical components, The Force Protocol integrates the bond financing protocol, crypto loan protocol, and decentralized stable coin protocol, to form the ForTube decentralized financial services platform. The ForTube will provide individual and enterprise clients with crypto asset investment, financing, and trading services, to meet various crypto financial needs of various clients. As the core on-chain structure, APEC is written in Solidity and ensures decentralization and asset ownership while making adjustment and improvement in contract development.
ForTube Routing table is an independent contract, which contains a routing comparison table that stores the routing swap of logical contract and data contract addresses. The routing table can be updated following the system upgrade. After the deployment of the entire contract system, the address of each logical contract will be stored in the routing table. External requests can be granted and access to the routing table to obtain the address swapping of the logical contract and call its interface.
Data contracts can perform business logic call or callback through inquiring the routing table and obtaining the logical contract address. For each set of data, there will be an independent data contract of its own, and the address of the data contract will be automatically stored in the routing table when it is created. Before
accessing the specified data, the logical contract will first obtain the data contract address from the routing table, and then read and write the data contract through the address.
ForTube Every group of data has its own independent data contract, whose address will be stored in the routing table upon creation. Before accessing certain data, the logical contract will first obtain the data contract address from the routing table, and then read and write the data contract via the address.
Logical contracts do not store assets nor business data. Hence, they do not involve asset security and data migration issues, and they are upgradable and pluggable. After testing and audit, the new version of the logical contract can be deployed on-chain. Data in swap tables of the routing table contract will be updated when deploying new contracts. The address swapping direction for the logical contract will also be modified for other contracts and application front-end to inquire and call.