TXN Announcement Channel

Discover what's new! Take a look through the Q2 update and see what's ahead for TXN in 2024! Check it out now 🥳

https://x.com/txnclub/status/1779230101248282933?s=46&t=8QRtutdvcmVd9Yd5Ie9aXg

🔸The portal to whitelist your wallet to test the $TXN beta is LIVE ☑️

🔸First beta testers onboarded ☑️

TXN is excited to announce that you now have the opportunity to whitelist your wallet and join the exclusive group of beta testers today! Experience the platform before public release and be among the first users to explore features and give incisive feedback directly to developers with backgrounds at major social media companies!

1️⃣ Visit txntech.club
2️⃣ Add your Wallet and Email address in the WL pop-up
3️⃣Follow us @TXNCLUB on X and join our Telegram https://t.me/TXN_Portal

All project supporters are deeply appreciated and there are exciting updates coming soon that highlight TXN functionalities along with the new marketing campaigns targeted at onboarding users!

TXN Update

🟧 We're thrilled to announce that the demo of our up and coming TXN platform is live! We've also welcomed onboard two former X (Twitter) developers to strengthen our Core Team. They are going to bring their expertise and experience to help us in our goal of being one of the leading SoFi platforms simultaneously integrating web2 and web3 space.


🟧 The first 100 days of TXN Club development have been nothing short of spectacular, with a whirlwind of activity happening behind the scenes!
Our dedicated team of 6 developers has been tirelessly crafting the platform, and we're thrilled to announce that we're gearing up for the invite-only beta phase, paving the way for our open beta launch. Make sure you dive into our demo video for a sneak peek at the start of what's coming your way in Q1!

🟧 Our advisors recognized the opportunity present in the tight-knit community of enterprise-level social media platforms and sought out top talent whom have honed their skills at industry giants like Twitter. We're proud to reveal that our efforts have paid off, as we've recently welcomed aboard two former Twitter developers to the TXN team! As they settle in and start driving early initiatives, these talented individuals, along with others soon to join us, will be stepping into the spotlight, ready to engage with and collaborate alongside our community.

🟧 Community-centric development has always been at the forefront of our vision for TXN. During the beta phase, we're implementing robust feedback mechanisms to ensure that TXN evolves into a platform shaped by the needs and desires of real people. While this approach is undoubtedly complex, our team has taken deliberate steps to model a proposal-driven development process that fosters genuine community involvement.

🟧 As we continue to onboard exceptional talent, we're refining our roadmap with a focus on three key areas: features we're confident in rolling out, features that we anticipate the community will provide input on, and features we envision top-tier developers incubating. We firmly believe that excellence stems from diverse perspectives, and our priority is to enhance our operational efficiency and organization with each passing day.

🟧 Exciting developments are underway, and we're putting the finishing touches on numerous details. Keep an eye out for opportunities to become an early tester—we'll be prioritizing our loyal community members and $TXN token holders!

🟧 A heartfelt thank you to everyone for your support, and please help us spread the word by sharing our demo video far and wide!

https://x.com/txnclub/status/1754977790284165219?s=46&t=8QRtutdvcmVd9Yd5Ie9aXg

🌟 TXN Holiday Contest: Winners Announcement! 🌟

As the holiday season unfolds, we are overwhelmed with gratitude for the incredible response to the TXN Club Holiday Contest! Your enthusiasm and creativity have truly made this festive season even more special.

After careful review and consideration, we are thrilled to announce the selection of 10 outstanding winners! Each entry showcased unique talents, spread joy and helped bring the spirit of the season to life!

🏆 Congratulations to our Winners:

1- @officialwhizdom X
2- @joemiop X
3- @LaunchWellKevin TG
4- @fodban X
5- @0xMatin X
6- @Kuriyama890 TG
7- @Not_found0000 X
8- @Great_sage5 X
9- @sean_drake77 X
10- @ritaella44 X

A big round of applause for all of our talented winners! 🌟 Kindly reach out to our team on Telegram or Twitter with your Ethereum addresses, so we can ensure you receive your well-deserved rewards. This early community is strong and we can't wait to celebrate your success with you! 🚀🎁

Today we will be focusing on the Scalability and the High Availability section of the gitbook.

Embracing scalability and high availability isn't just about handling growth—it's about ensuring your services stay resilient, reliable, and ready to meet demands, no matter the surge. In this post we will be explaining how $TXN intends to embrace both features.

Strategies for scalability

🟠Horizontal Scaling: Adding more instances of application servers and databases in response to increased load.
🟠Auto-Scaling: Implementing auto-scaling policies to automatically adjust resources based on demand.


Ensuring high availability

🟠Database Replication: Implementing master-slave or master-master replication for databases to ensure data availability and load distribution.
🟠Redundancy: Ensuring critical components are redundant and can take over in case of failure, preventing single points of failure.

We strongly believe with these features our platform will provide reliability even during peak demand hours. Our main objective is to elevate user experience and your trust fuels our commitment to delivering exceptional service. Let's elevate $TXN together!

The $TXN team wanted to take a moment to extend our heartfelt gratitude to each and every one of you whom participated in the TXN Holiday Contest! Your creativity, enthusiasm, and dedication have truly made this event a success.

Our team has been absolutely thrilled to receive an overwhelming number of entries, showcasing incredible talent and innovation. We've been diligently reviewing each submission to ensure every effort receives the attention it deserves!

We are excited to announce that we are in the final stages of judging and will be revealing the winners later this week. Your patience and support during this process is felt and sincerely appreciated!

Once again, a big thank you to everyone who took part! Your contributions have made this contest a memorable and rewarding experience for all involved.

Stay tuned for the announcement of our community contest winners!

The team is cooking on the beta and new team members are coming onboard! The development team is growing as we onboard early platform testers and work to implement feedback being given through testing!

After reviewing the security and compliance section last week, today we will be reviewing the Monitoring, Logging, and Observability section of the Gitbook🧵👇

Monitoring, logging, and observability are the pillars of a seamless operation. The team at TXN understands this and has implemented several different features on the platform. In this post we will be discussing all 3 components and explaining how each one factors into TXN.

Centralised logging:

🟠 ELK Stack: Elasticsearch for indexing logs, Logstash for log aggregation, and Kibana for visualization and analysis.

🟠 Log Management Policies: Implementing log retention policies and ensuring sensitive information is not logged.

Monitoring and Alerting:

🟠 Prometheus and Grafana: For real-time monitoring of system performance and configured alerts for proactive issue resolution.

🟠 Distributed Tracing: Utilizing tools like Jaeger/Zipkin for tracing requests across microservices, helping in identifying performance bottlenecks and improving system reliability.

Incident Response:

🟠On-Call Rotations: Establishing on-call rotations for immediate response to critical incidents.

🟠Post-Incident Reviews: Conducting post-incident reviews to identify root causes, document lessons learned, and implement preventive measures.

Monitoring,logging,and observability: the trifecta of a robust digital ecosystem.📊 Enjoy a seamless experience with TXN.

As the final moments of 2023 unfold, the team at $TXN bids adieu to a year of innovation, collaboration, and transformative strides! Thank you to each and every member of our community for contributing to a remarkable 2023.

🎊 Looking Ahead: A Vision for 2024

As we step into a new year, #TXNClub is poised for even greater heights. With a commitment to transforming online engagement, our team looks forward to a year of onboarding TXN users while pushing boundaries and making a lasting impact on the world!

Today we will be focusing on the Security and Compliance section of our gitbook. 🧵👇

🔐 In a world of evolving threats to crypto, your privacy is our top priority! At #TXN, we employ robust security measures to safeguard your assets as well as the project as a whole. In this post we will be going over the exact measures TXN has taken to ensure security.

Encryption:

🟠Data Encryption at Rest: Utilizing tools like AWS, KMS, Azure Key Vault, and erc4337 AA for managing encryption keys and ensuring sensitive data is encrypted at rest, and ensuring all data is transmitted over the network using TLS 1.3.

Authentication and Authorization:

🟠OAuth 2.0, OpenID Connect, and erc4337: For secure, token-based user authentication and authorization.

🟠Role-Based Access Control (RBAC): Defining and enforcing user roles and permissions to ensure users can only access data and perform authorized actions.

🟠2FA:
With TXN Club's web application and mobile app, users can choose to utilize 2FA technology to create a secondary verification of identity and prevent unwanted logins.

🟠Digital fingerprinting:
For the mobile application, digital fingerprinting is an additional security setting users can activate to further secure their account from unwanted physical hacks. The mobile application will undergo a strict official audit prior to listing on stores such as the Apple and Google store.

Security Audits:

🟠Vulnerability Scanning: Regularly scanning application & network layers for vulnerabilities using tools like Nessus or OpenVAS.

🟠Penetration Testing: Conducting periodic penetration tests to identify and mitigate potential security threats.

Privacy is at the heart of TXN Club and has been engineered from the ground up with security and privacy in mind.

With all these security features implemented, we feel confident in being able to provide all users with safe & secure experiences within the TXN ecosystem!

🎊There are only 4 days left to spread the holiday cheer! Don't miss out on the #TXN Holiday Contest – submit your entries now for a chance to win a share of .5 eth!

Rules are the following:

🔸 Follow TXN on Twitter - @TXNCLUB
🔸 Like + RT this post and tag 3 friends
🔸 Create a TXN 2024 Holiday related graphic & drop it in our TG group or in X comments
🔸 End date - December 31st

Merry Christmas and Happy Holidays from all of us here at TXN! 🎄🎁☃️

After recently reviewing the Network Architecture section of the gitbook, today we will be diving into the Blockchain and Smart Contracts section. 🧵👇

“A building is only as strong as its foundation.” In order to succeed and build a successful platform with room for growth, we understand that we must first start with a strong base of support. In this post we will be going over what makes #TXNClub secure.


Blockchain:

🟠 Smart Contracts: Developed in Solidity and deployed on the Ethereum blockchain to handle token transactions and more

🟠Oracles: Integration with Chainlink for fetching off-chain data and ensuring smart contract reliability

🟠Possible Layer 2 scaling solutions. TBD


Governance:

🟠Implementation of decentralized governance mechanisms, which allow TXN token holders to propose and vote on changes to the platform.

🟠Utilization of smart contracts to execute governance decisions in a transparent and automated manner.



Security and Auditing:

🟠Code Auditing: Regular smart contract audits conducted by third-party security firms

🟠Upgradeability: For select contracts, implementation of proxy patterns and other upgradeability mechanisms to ensure smart contracts can be upgraded without losing state.

Focusing on the underlying value of TXN is important to us. We have dedicated significant time and resources to this endeavor and we feel very confident in the long term success of the platform!

We're thrilled to announce that development is ahead of schedule and we have major reveals in the weeks to come about the platform as we are now expanding the private beta and scheduling the open beta release! This is one of the many major development milestones for $TXN.

Soon all community members will be able to test out the beta and join our mission of transforming online engagement!

As we continue to focus on sections of our gitbook, today we will be reviewing the Network Architecture aspect of our gitbook 🧵👇

In simple terms, Network Architecture is how data flows efficiently from one device to another. In this post we will be going over the 3 main components that help
make up the $TXN Network Architecture.

Load Balancing:

🔸Application Load Balancers help distribute incoming traffic across multiple servers.

🔸Global Server Load Balancing for distributing traffic across multiple data centres or cloud regions ensures disaster recovery and reduced latency

API Gateway:

🔸Functionality - A single entry point for all microservices

🔸Rate Limiting And Quotas - Implementation of rate limiting and quotas at the API gateway level to prevent abuse and ensure fair usage.

Network Security:

🔸Web Application Firewalls (WAF) protect against common web vulnerabilities.

🔸Virtual Private Clouds (VPC) enable network segmentation and control over inbound and outbound traffic.

🔸DDoS Protection offers real time attack detection and mitigation.


Optimizing performance and providing a safe and secure experience to all users is a top priority for TXN. With these 3 components working together, we are confident in our network architecture’s resilience and capability.

Join our TG to stay up to date on latest news!

TG: https://t.me/TXN_Portal

While our stage #1 TXN campaign produced great results, the community engagement will only increase with the new $TXN Holiday Contest where top 10 users whom create the best TXN 2024 Holiday related graphics can share up to 0.5 ETH in prizes!

Rules are the following:

🔸 Follow TXN on Twitter - https://x.com/txnclub
🔸 Like + RT this post and tag 3 friends
🔸 Create a TXN 2024 Holiday related graphic & drop it in our TG group or in X comments
🔸 End date - December 31st

Winners & Prizes:
1st place - 0.1 ETH
2nd place - 0.075 ETH
3rd place - 0.05 ETH
4th place - 0.04 ETH
5th place - 0.035 ETH
6th place - 0.03 ETH
7th place - 0.025 ETH
8th place - 0.02 ETH
9th place - 0.015 ETH
10th place - 0.01 ETH

After reviewing the technical implementation section last week, today we will be going over the $TXN System Overview section of our gitbook 🧵👇

The #TXNClub platform is architecturally designed to offer robust performance, high security, and a seamless user experience. In this post we will be giving an overview of TXN’s technical architecture.

Frontend Architecture:

🟠Framework and Libraries
🟠User Interface (UI) Components
🟠API Client
🟠Content Delivery Network (CDN)


Backend Architecture:

🟠Application Servers
🟠Microservices Architecture
🟠Serverless Functions

Database Layer:

🟠Relational Database
🟠NoSQL Databases
🟠Search Engine
🟠Data Warehousing

Data Processing and Caching

🟠Data Pipeline
🟠Caching
🟠Rate Limiting

Ensuring that the TXN platform runs smoothly and efficiently on all levels is very important to the team! With these 4 components working together, TXN offers a seamless experience to all users!

https://x.com/txnclub/status/1734339845580038227?s=46&t=8QRtutdvcmVd9Yd5Ie9aXg

Today we will be going over the Technical Implementation section of our gitbook. 👇🧵

The team at TXN takes the technical implementation aspect very seriously. With high quality implementation, success is more likely. In this post we will be going over the many different technical components that structure TXN.

We intend to provide a unified interface that integrates user data and content from various social media platforms, ensuring real-time synchronization and accessibility.

This will be achieved by 👇

🟧 API Integrations
🟧 Data Ingestion Pipeline
🟧 Centralized Data Repository

Security:

Your privacy is our priority. TXN will provide a secure environment for users to interact and transact while protecting user data and content. This is possible due to

🟧 End To End Encryption (E2E)
🟧 Biometric Authentication
🟧 Blockchain Based Auditing

Monetization:

Monetization is important so we are creating a transparent and secure system for monetization, enabling various revenue streams by using:

🟧 P2P Payment System
🟧 Content Monetization APIs

Community Building:

In order to be successful you need a strong community behind you. With these community building tools you’ll be able to foster a safe and engaging environment for all users.

🟧 Community Management Dashboard
🟧 Data Analytics
🟧 Automated Moderation

User Engagement:

Currently user engagement on social platforms is a big issue. TXN aims to address these issues using:

🟧 Ad-Serving Platform Integration
🟧 Subscription Management APIs
🟧 Token Integration

Content Organization:

TXN aims to implement a flexible and efficient system for content organization, allowing users to categorize, tag, and control access to their content.

🟧 Content Tagging and Categorization
🟧 Access Controls

Scheduling:

We are developing a comprehensive scheduling system that allows creators to plan, manage, and promote events, calls, and subscription content using

🟧 Event Scheduling System
🟧 Real-Time Notifications

Payment Flexibility:

We will be integrating multiple payment options, including both cryptocurrency and fiat, to provide users with flexibility and convenience in transactions.

🟧 Multi-Currency Payment Gateway
🟧 Automated Currency Conversion

Mobile Accessibility:

Accessibility is important. TXN ensures that the platform will be fully accessible on both web and mobile devices. We are taking extra steps to achieve this by using

🟧 Responsive Design
🟧 Native Mobile Applications

Soon you'll be able to join the exclusive TXN Waitlist that will guarantee you a special part within the TXN community. More info coming soon!

By achieving these goals and objectives, the TXN Project aims to establish a new standard in social media interaction and content monetization, creating a decentralized, secure, and user-centric platform that empowers content creators and communities alike.

https://x.com/txnclub/status/1732464279238938769?s=46&t=8QRtutdvcmVd9Yd5Ie9aXg

After reviewing the features section yesterday, today we will be going over $TXN and the competitive landscape section of the gitbook.

We believe in the saying, “Know your competition.“

After months of extensive research on the target market and similar technologies, TXN was born.

So what makes TXN so different from its competitors?

Limited engagement and overcrowding are issues the majority of platforms face today. At TXN, we understand this, so we set out to create an all-in-one solution with an emphasis on the user experience, ease of use, and security.

TXN is not a Social Fi platform, it is an aggregator for all social fi platforms. Users and creators can use TXN to integrate more seamlessly and effectively. The platform offers many unique features, such as:

🟧 Innovative advanced fee collection systems and token integration
🟧 Gamified ecosystem that includes features such as our sophisticated referral system and exclusive content sharing capabilities
🟧 Small private token-gated groups with creators that are more engaging and effective, limiting difficulties in replying and sharing content

With our product and utility, our team feels very confident in the long-term success of TXN!

https://x.com/txnclub/status/1730333878131323009?s=46&t=8QRtutdvcmVd9Yd5Ie9aXg

Over the next few days, we will be giving an in-depth explanation of all the aspects of our Gitbook!
To start, let's dive into the incredible features of $TXN Club, which revolutionize the creator and community landscape. 👇 🧵

1/ Security is 🔒 priority! Encrypted storage, unique fingerprint login, and audits ensure top-notch safety for both creators and fans.
2/ P2P Payments empower fans to directly support their favorite creators. It's all about fostering that direct connection!
3/ Community Management Tools make life easier. From moderation features to analytics, managing communities becomes a breeze.

4/ Referral System = Win-Win! Discounts, free uses, and an ambassador scheme for top users. Spread the love and get rewarded.
5/ Burn Mechanism! Potential for a deflationary token supply via buybacks and burns based on monthly revenue.
6/ Schedules for everything! Booking calls, AMAs, courses, Substack-style content subscriptions - all in one place.

7/ Exclusive Content galore! From videos to streams, including premium content. Think Twitch, OnlyFans, and Friend Tech - it's all covered.
8/ Alternative Monetization is key! Diverse revenue streams tailored to creators' unique needs - because one size doesn't fit all.
9/ Easy Subscription Solutions simplify engagement! Followers support creators with just a few clicks.

10/ Random and Relevant Ads for a seamless experience!
11/ Token Integration/Listings bring a whole new dimension! Alpha chats, payments, advertising - endless possibilities!
12/ Revenue Share is fair play! Token holders, creators, and the platform share revenue based on various factors.

13/ A customized Chat Organization!
14/ Crypto and Fiat Payments make it accessible for all! Multiple payment options for ultimate convenience.
15/ Mobile App for on-the-go action! Accessibility & convenience across all devices.

16/ Rating System from verified accounts! Share opinions & rate your favorite creators.
17/ Cross-Gated Access creates exclusivity! Exclusive groups based on tokens/NFTs held or sub-types.

With all the unique features available in one location, $TXN provides the ultimate experience to all users!

Gitbook: https://docs.txntech.club

https://x.com/txnclub/status/1730019915388604830?s=46&t=8QRtutdvcmVd9Yd5Ie9aXg