Introduction
ButterFly AI redefines how users connect with decentralized applications (dApps) by offering a secure, connectionless solution that fundamentally changes blockchain interactions. Our platform provides a seamless experience for users looking to claim revenue sharing, stake tokens, and engage in Leaderboard Play-to-Earn (P2E) games—eliminating the need for repeated wallet authorizations and mitigating the risks associated with traditional connection methods.
ButterFly AI introduces an innovative proof-of-ownership mechanism for connecting to dApps. Instead of conventional wallet connections that require direct authorizations, users send a nominal transaction (0.0001 ETH) to a unique address generated by ButterFly. This transaction acts as an authorization that only the wallet owner can perform, ensuring that the user remains in full control of their assets while securely interacting with the platform. This process significantly enhances user security and convenience by reducing the vulnerabilities associated with typical wallet connections.
Understanding Transaction vs. Transactionless dApps
ButterFly AI distinguishes between transaction and transactionless dApps, providing tailored connection approaches to address specific security needs. Transaction dApps, such as decentralized exchanges or cross-chain bridges, require wallet connections for executing on-chain activities like token swaps or transfers, thus involving certain risks when authorizations are granted.
On the other hand, transactionless dApps do not require the execution of direct on-chain transactions. Instead, these dApps utilize wallet connections for tasks like account verification, token distribution, or reward claiming—activities that do not modify blockchain states. Examples include staking platforms, loyalty reward programs, or systems for revenue sharing where wallet information is used primarily for identification or eligibility confirmation. For these types of dApps, ButterFly AI offers a secure connection approach that eliminates the need for constant wallet interactions, streamlining the overall user experience.
Using our approach, developers can efficiently access wallet addresses, monitor balances, and implement smart contract-based staking mechanisms without storing sensitive information like private keys. This effectively reduces the risk of data breaches and unauthorized access, maintaining the security of user assets.
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