💻Technology and Product

A Simple Explanation of How Gasify.AI works: Gasify.AI operates seamlessly: users contribute native coins (ETH, AVAX, BNB, etc.) on Chain A to receive an equivalent amount on Chain B. It sounds simple and straight forward, because for users it really is that simple. Below is just a little of what we did to make it work.

Gasify.AI is constructed on a decentralized fabric of smart contracts, distributed across multiple blockchain platforms. These contracts act as the backbone of Gasify.AI. We also developed our own oracle that acts like a real-time surveillance system for different blockchains and external data sources. It continuously monitors and verifies information, ensuring that smart contracts have access to accurate data needed for execution.

• Smart Contract Deployment: We have smart contracts deployed on each participating blockchain. They are optimized to spend as little gas as possible. Each contract manages a portion of the projects total gas-funds. The funds are in a closed-loop-system that auto-rebalances itself to make sure each chain contract can meet the demand for gas transfers.

• How we are the Cheapest and Fastest: These transactions use the absolute minimum amount of gas possible, both for sending and receiving. This efficiency is achieved through the optimization of our smart contracts. Without delving too deep into technical details, each type of blockchain interaction has a minimum cost. We optimized our contracts by understanding these costs and writing the code to use the smallest amount of code, calling the most efficient functions. For more info on how gas fees work, check out this article.