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Topic: [ANN] 🤖 TOKENGATEWAY.IO - API to send & receive ER20 Tokens and ETH (Read 2630 times)

copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
You charge a monthly fee for using your services, this is besides Ethereum network fee for sending transactions. That makes it more expensive even for airdrop distribution.
There are already few apps offering same services and I don't see any difference in yours

Hello KryptoKings,
thanks for your message and especially your feedback.

1. We decided to charge a monthly fee instead of a percentual fee to allow big transactions without high fees. The feedback of our users shows the pricing is working good and not to expensive. We hope with the release of Ethereum 2.0 the network fees will decrease a lot and make transactions cheaper at all.
2. Airdrop distribution is just one use case. Most users are using our service to power exchanges, specific blockchain projects and even ICOs.
3. Back in 2019, we didn't had any competitors which allowed to work with ANY ERC20 token. And if they did, they required high listing fees of up to 10k dollars, which we don't. Also, our service is way easier to use. The goal is to create a bridge between web and blockchain, which can be used by every developer, no matter if he has knowledge of Ethereum and the way it works. Still, if you have feedback for us on what we can improve, we would really appreciate that.

hero member
Activity: 854
Merit: 506
You charge a monthly fee for using your services, this is besides Ethereum network fee for sending transactions. That makes it more expensive even for airdrop distribution.
There are already few apps offering same services and I don't see any difference in yours
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
Check out our new and improved solution: Chaingateway.io
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
From your whitepaper:
Quote
Also, we do not store private keys and passwords on our nodes.

So without storing the private keys and password, how are you able to sends from the address?
I believe that you are storing the private keys, but in the encrypted form using the password as key to decrypt. If not then how does this work?

Also, is it possible to send funds from an address on your site if I know the password, but using a different API key?

I don't want to get too much in detail in order to keep our systems safe. We are making use of Keystores. Also, there are multiple layers of security as there are different checks on different servers making sure the user does actually have the right to send funds from an address. It is not possible to send funds if the API Key is incorrect.
hero member
Activity: 1162
Merit: 547
CryptoTalk.Org - Get Paid for every Post!
From your whitepaper:
Quote
Also, we do not store private keys and passwords on our nodes.

So without storing the private keys and password, how are you able to sends from the address?
I believe that you are storing the private keys, but in the encrypted form using the password as key to decrypt. If not then how does this work?

Also, is it possible to send funds from an address on your site if I know the password, but using a different API key?
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
We were able to find and fix an issue that was decreasing the Ethereum decimal precision. We are also working on a new project, will announce details about it soon.
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
We added more illustrations to our site, making it look even better. Also, design itself has been optimized a bit.

The first version of our whitepaper has been released! I really suggest checking it out. You can find it here.
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
Our IPN feature now also notifies about withdrawals. Also, various tests showed that the feature is very reliable and we may soon get this feature out of (open) beta.
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
Is there anyway to get discount?

Yes there is! Please send a mail to [email protected] and tell us a bit about your project, needed requests/transactions per month and budget. I'm sure we can find a solution that works for both of us.
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
I am interested in your project.I would like to use your service.I want to know that, What Is the yearly fee?

Please have a look at our pricing page for an overview of the plans we offer.
member
Activity: 69
Merit: 10
I am interested in your project.I would like to use your service.I want to know that, What Is the yearly fee?
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
I have checked your website.I can't find your team information.How can I know more about team?

You're completly right! A team site is missing right now. Also, noone has suggested it before. In the (upcoming) Whitepaper there is a team section already, I will take your question as feedback and make sure to add a team section to our website aswell.

jr. member
Activity: 56
Merit: 1
I have checked your website.I can't find your team information.How can I know more about team?
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
I really love the idea behind the project. I think it's an incredible project. I wish you guys good luck.
Thanks a lot for the positive feedback. Tokengateway however is just the beginning. Wink

Let us know if you have any feedback.
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
How do they ensure security to the users?

We ensure security due to the way transactions are sent.
When a transaction is sent, at first it will be checked if the user has access to the ethereum address. If this is the case, it will be checked if the provided password matches with our system (We do not store the passwords in plain text of course). And only if this matches, our nodes will get the order to execute a transaction.
jr. member
Activity: 94
Merit: 1
COMM - A Scientific Publisher and Asset Manager
How do they ensure security to the users?
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
We have created a Postman collection. This makes it even easier to test our API. Check it out here.
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
Can integrate myself in my website?

You might need the help of a developer if you are not experienced in any programming language. However, I recommend to check our Documentation to see if you are able to get this done yourself.
copper member
Activity: 61
Merit: 0
Chaingateway.io - Blockchain API
This project has huge potential.Looking forward to use your service.
Thanks for the feedback. Please let us know when you have any issues with integrating.
jr. member
Activity: 58
Merit: 1
This project has huge potential.Looking forward to use your service.
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