Abstract :
Adapting to the changes, facilities, features, and gadgets that come with modern and technological advancements, is the progress key as the world rushes into the modern and technological space.
By replacing traditional data resources with blockchain technology, the digital revolution has been occurring for years and offers solutions to build trust between supply chain parties as well as removing the barriers of the previous systems on the basis of three main criteria.
• Safety
The network is accessible to the public despite the anonymity of the user, making it hard to hack or cheat the system.
• Immutable records
Many crypto networks are distributed throughout the world and contain thousands of nodes that keep track of all transactions and cannot be destroyed.
• Decentralized
As the servers are not located in the very same place they cannot be controlled or limited by a specific power.
Cryptography ensures the security of every blockchain transaction. A unique and essential private key is included in each block, which can be verified with a public key. Whenever transaction-related data changes, the block unique key becomes invalid. Changing one’s assets through brokerage firms or banks has become less necessary since bitcoin was invented, making it an empirical substitute for conventional financial management systems.
Currently, a simple digital wallet would perform the role of all the financial systems in an uncomplex accessible, fast with the most economic efficiency which is equally approachable for people around the world.
Digital wallets are online payment tools, usually in the form of an app. The wallet securely stores virtual versions of debit and credit cards, so you don’t need to enter your card details or carry a physical card at all to make payments.
BERSIPA Wallet is a decentralized wallet obtainable for all users regardless of their location. It provides access to all the centralized and decentralized exchanges and various DAAPs with the most efficiency and pace.
The primitive aim of creating digital wallets was to store and protect the cryptocurrencies as an asset class which happened to make them back to the fiat money in some cases or would be impossible to gain more profit than the actual sum that was meant to be in the wallet.
Digital Wallet Epoch
With the admissibility of the digital currencies, some wallets have advanced their functionality to increase the productivity of their users and the concept of ‘’ Staking’’ was created to gain the rewards as they lock part of their initial investments that they are subjected to retain without deprivation or disruption of their ownership.
Acceptance of the mentioned innovation has underlain the evolution in creating decentralized exchanges that solved the difficulties regarding authentication convolution and providing the liquidity by making the multipurpose liquidity pools that enclosure to the inclusive usage of currencies respectively.
Bersipa Wallet, the first wallet on the String Network, is a decentralized, free and accessible wallet for users around the world that provides access to all centralized and decentralized exchanges and various DAAPs with maximum efficiency and speed.
Programming Language:
Bersipa wallet is written in solidity programming language and by an FVM programming machine.
The main components of the wallet:
Bersipa wallet consists of five main sections and several sub-sections. The main sections of this wallet are:
- Asset Home
- String Network and Public Nodes
- Browser and Decentralized Applications
- DEX and DEX Aggregator
- Settings
1- Asset Home:
As shown in the figure, on the asset home page, you can view any deposits and withdrawals, add networks or coins, view inventory, deposit and withdrawal histories, the daily chart of growth or decline of selected currencies, and overall portfolio value.
2- String Network and Nodes:
In this section, the public nodes of the string network must approve three transactions in order to be able to transact themselves, and the approval of transactions by users is a public obligation to achieve the capabilities of a responsive wallet. Anyone around the world who installs a Bersipa wallet will be known as a node.In this section, you can see the process of strings and transactions that enter the network online and schematically, also quick access to the String Network Explorer scan section is provided.
3- Decentralized Browsers and Applications:
In this section, a variety of decentralized applications, including DEX, exchange offices, or other applications can be viewed and installed. Installing exchange programs like Binance and Kucoin without authentication only by a wallet address is another advantage of this section. The ability to connect to all websites and WEB.3 applications is another feature of this section.
4- DEX and DEX Aggregator:
A Peer-to-peer (P2P) network is a decentralized communication model between two peers, also known as nodes, that can communicate without a central server. In the traditional trading system, there was an order book that linked the supply of sellers to the demand of buyers. Peer-to-peer exchanges provide this process in the form of a direct connection between two peers (applicant and seller). Bersipa wallet provides easy and quick access to this form of exchange.
Besides supporting the string network, of which it is the principal network, the DEX section of the Bersipa wallet can also support at least 20 other chains. This wallet can support any chain with any structure if Bersipa’s diversified technology is developed and all smart chain owners allow it to be incorporated into their technologies.
DEX will charge a transaction fee between 0.5 to 1.3% of the total transaction amount, and it will provide users with high speed, security, and ease of transaction. As cryptocurrencies have become more widely accepted, some wallets have improved their performance in order to increase the productivity of their users. The concept of “Staking” and “Lending” was implemented during this upgrade, where Staking is a share to earn profits and rewards those users by depositing and locking their assets without interfering with the ownership of the assets deposited, and they benefit from it with special conditions. The landing also offers how-to lend in pools via wallet.
The adoption of this innovation paved the way for the creation of decentralized exchanges, which, by creating multi-purpose liquidity pools, led to the widespread growth of the use of cryptocurrencies and solved the problems related to the complexity of authentication and liquidity supply.
The DEX Aggregator part of the wallet also has advantages such as high liquidity, the ability to supply coins and tokens with high rates and numbers, and a fee of one percent of the total volume (apart from the fee received by the exchanges, where the fee is calculated intelligently and paid by the user) and brings high transaction speed to users.
Wallet Settings Section:
In this section is information about each wallet, its initials, the chain information, the support section, the nodes section, and its settings, including different themes, selected addresses, and advanced settings.
This technology is provided by decentralized and independent exchanges. Additionally, Bersipa wallet’s ALPHA 1.0.0, scheduled for release in October 2022, will feature fast interlayer switching between different chains, in addition to improving the features offered by other wallets around the globe. The main fuel of the wallet for this transfer will be the Bersipa coin.
BERSIPA Coin (SIPA)
The Bersipa wallet ecosystem cryptocurrency was created for valuing investors and users by empowering application infrastructure and providing defined capabilities for users and investors. Additionally, the SIPA cryptocurrency is one of the keys to strengthening the Bersipa network and accessing the technology and tools provided by the Bersipa Foundation. Diversifying the use of this currency will reassure users and investors.
More detailed information about the SIPA cryptocurrency is available at:
Like its counterparts, Bersipa Wallet offers the basic features of a wallet along with unique features to meet the needs of users in a user-friendly and uncomplicated environment. Some of these services are:
1- Staking:
As described earlier, the Bersipa financial system has several ways to stake a cryptocurrency. As part of its staking section, the Bersipa wallet enables users to stake very quickly and receive rewards in return. Bersipa staking system, in addition to providing access to the staking through Bersipa wallet, also provides this possibility to its users to access the staking pool through web3 windows.
• Bersipa wallet and Tangle
Despite the advantages of blockchain technology, weaknesses in the system such as scalability issues and security vulnerabilities emerged after users and companies using it. A new generation of technologies has replaced Blockchain in the digital world, offering users more flexibility and capability.
The concept of Tangle is the third generation of blockchain that aims to solve previous problems with its scalability promises. Bersipa Wallet In a two-year plan, the intention is to explore the possibility of connecting blockchain projects with the Tangle network through Divergence technology, and various projects will be able to perform transactions through Bersipa Wallet in various layers and networks.
• Solve Bitcoin Dust Problem
Using its technology, Bersipa wallet has also solved the “bitcoin dust” problem. Each wallet and exchange office specifies the minimum number of coins per currency transaction, meaning that if the amount of currency in the wallet or address is less than the minimum, it is not transferable. By using its technologies, Bersipa wallet has resolved this problem. In this way, all remaining tokens from any currency can be converted to SIPA, the wallet’s native token, and used for re-trading.
Most existing wallets use Chain-based blockchain technology, which prevents them from linking their data to high-tech projects and providing modern, low-cost financial services.
Bersipa Wallet, using the benefits offered by String Technology, allows users and other companies to use their technologies to upgrade their nature and enjoy the benefits of this network, such as zero fee.
• Bersipa wallet and WEB3
The Internet has gone through several stages since its birth in 1969. The first generation of the Internet was compulsorily centralized and used exclusively by governments.
With the introduction of WEB2 technology and with the general use of decentralized Internet features began to shape, in this generation users were identified using email addresses to the system, also the cloud storage was created and used as a replacement for hardware storages.
The latest version of the Internet, Web3, is internal, structured, and basic Internet access that has the least oversight compared to previous versions created using the POR, POS, PBFT, FIL, AR, and Storage programming languages.
Bersipa Wallet uses its browser and decentralized applications to easily create a Web3 connection between the user and the tech world.
• Challenges of Blockchain System
Cryptocurrencies offer a wealth of opportunities: unlimited, fast, and easy transactions, innovative financial services, and access to a broad audience that does not have access to traditional banking systems.
Despite the decentralization of the idea, there is still a long way to go before the main shareholders of the financial system are overcome. Here are a few obstacles to overcome:
Cybersecurity:
Although many exchanges and wallets have provided satisfactory levels of security in recent years, others have disappeared as a result of hacking or cyberattacks. As commercial space and secure storage have become more in demand in recent years, developers, such as Bersipa Wallet, have attempted to meet this demand by expanding security infrastructure and other security issues.
- Structure Complexity:
Increasing use and number of customers, lead to more complex cryptography and related sciences in order to provide a high level of security. New users have found it difficult to gain a basic understanding of the basics and basic knowledge necessary to enter this market. By designing an intuitive interface for novices and experienced traders, Bersipa Wallet solves the problem of complexity.
• Decriminalization
Bersipa wallet allows users to share their public keys to transfer their assets across different platforms and receive currency via QR code or by providing a public key to protect user privacy.
• Public Sales
The ecosystem and network technology of Bersipa have been prepared and adjusted based on a modular economic model that can manage and grow both the large string network. It can both improve the Bersipa cryptocurrency project with its proprietary and technological protocols, and it can also meet the economies of different countries and small or large investors. According to this roadmap, 5% of this currency will be offered at the beginning of 2023 through DEX of this wallet
· Airdrop and Advertising
Every network needs to be seen and accepted by the public continuously and permanently in order to grow and develop over time. This accompaniment may not always be permanent due to fluctuations in financial markets, and if the currency holds the record for a period of time, it may be removed from the public mind over time. Therefore, continuous advertisements and permanent prizes for the development of the network and its further dissemination by the followers all over the world is an inescapable thing, and for this purpose, advantage should be considered for the activists in this field so that they always want to accompany.
The ability to run multiple and extensive advertisements requires good capital aside from the Airdrop discussion. The Bersipa coin nominal reserve, which is 6,660,000 coins, is split into shares for advertising and airdrops, with 6% going to advertising and 4% to airdrops. With every installation, 2 Bersipa coins and with sharing invitation code they will receive 1 Bersipa coin.
• Disclaimer
The BERSIPA wallet white paper was written and published by the team of Bersipa Institute of Technology on November 29, 2021, which specifies the terms and conditions of using the wallet and must be thoroughly read before using the wallet. Any purchase or use of the Services by Bersipa constitutes a binding arbitration agreement between Bersipa and the User / Buyer / Participant in accordance with the terms set forth herein.
This white paper does not constitute a declaration or invitation to invest in brochure regulations or any other type of document from Bersipa Institute of Technology and is not an investment security.
The purpose of this white paper is to provide information about the Bersipa Wallet project to potential participants to allow them to decide whether they want to continue using the Bersipa Wallet services.
Possession of a Bersipa wallet does not confer any rights or benefits on the holder in any form, including property rights (unless explicitly stated), interest, interest, redemption, property or intellectual property, decision making, Or any other kind of profit. Other rights, like any other financial or legal rights, are those of the Bersipa Foundation.
Bersipa Team is not liable for any damages, including direct, consequential, incidental, special, or indirect damages (including but not limited to lost profits, loss of revenue, or loss of a third party, whether foreseeable or unpredictable). It will not have.
No representation, warranty, assurance, or commitment regarding the stability of the information is made after the above date. The information in this white paper is subject to change, completion, and correction from time to time.
Responsible users of Bersipa wallet are responsible for conducting the necessary research and investigations. Prospective participants of Bersipa wallet production events are responsible for ensuring that they study all aspects of this white paper and its terms and conditions to the fullest extent permitted by laws, regulations, and rules.
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