5ire Tech Week in Review June 1, 2022

3 min readJun 5, 2022

Our developers are upgrading our token sale contract and integrating it with buy/sell and staking functionality. Functions such as token sale and buying and selling are naturally connected, and as we upgrade one, we test to make sure that it remains integrated with the other. Integration of our smart contracts is the key to working efficiently on 5ireChain. We test and retest our upgrades and integrations to ensure that all runs smoothly.

One of the barriers to the adaptation of blockchain technology is the apparent need to know and be able to work in a technology-heavy environment. We build our contracts with the aim of increasing the user-friendliness and accessibility of our tools. As a company with a layer-one blockchain, we understand the need for accessibility and a robust set of tools and contracts to enhance user experience and the ability to build on 5ireChain.

We’re reviewing our name service feature benchmarking. Benchmarking our name service feature allows us to accurately time how long each transaction using that feature takes. We conduct benchmarking across all our features to maximize efficiency across 5ireChain. As we look towards increasing accessibility and adaptation of blockchain technology, we know that speediness is a determining factor for many users, especially those first engaging with the technology.

Benchmarking is a two-step process, composed of running the benchmarking process itself and then reviewing the results. While we’re currently reviewing the results of our name service feature benchmarking, we’re also running benchmarking for our phone number feature.

We’re running benchmarking for our phone number feature. Our phone number feature is another important piece of our adoption puzzle. Complicated and lengthy wallet addresses create a barrier for new users to access blockchain technology. By integrating phone numbers as addresses on 5ireChain, we’re opening the doors to less experienced blockchain users by using familiar identifiers. Mobile phone numbers are ubiquitous, and with trustless blockchain technology, phone numbers can be used as personal identifiers, even for those who are without more formal means of identification such as a bank account number or driver’s license.

Our developers are creating smart contracts using Solidity. We collaborate with many technology companies and are always looking for the best tool for the job. Solidity is an object-oriented, high-level language for implementing smart contracts that we have learned, tested, used, and trusted. We rely on dApps and smart contracts to run 5ireChain efficiently.

Our programmers are categorizing nested blocks. Nested blocks are an innovative feature on 5ireChain that allow multiple transactions to occur simultaneously. We’re delighted to be developing this novel mode of operation which allows us to scale use on 5ireChain quickly and significantly without lag.

More information about 5ireChain can be found by clicking on the following links:

Website: https://5ire.org

White paper: https://bit.ly/3Qcsmor

LinkedIn: https://www.linkedin.com/company/5ireChain

Twitter: https://twitter.com/5irechain

Discord: http://discord.gg/5ire

Telegram: https://t.me/OfficialFireChain




5ireChain — www.5ire.org | Layer-1 EVM Compatible Smart Contract Platform | In Consensus Sustainability