Technical Architecture

Base Network Integration

Why Base Network:

• Low Fees: Transaction costs under $0.01 for most operations

• High Throughput: 10x faster than Ethereum mainnet

• EVM Compatibility: Seamless integration with existing Ethereum tools

• Coinbase Backing: Strong institutional support and security guarantees

• Developer Experience: Superior tooling and documentation

Smart Contract Architecture

Core Contracts:

1. EPWX Token Contract: ERC-20 implementation with additional utility functions

2. Payment Processor: Handles merchant and P2P transactions

3. Staking Contract: Manages token staking and reward distribution

4. Governance Contract: Facilitates community voting and proposals

5. Treasury Contract: Manages platform reserves and fee collection

Security Features:

• Multi-signature wallet controls for critical functions

• Time-locked upgrades with community approval

• Circuit breakers for emergency situations

• Formal verification of core contract logic

• Regular third-party security audits

Payment Processing Flow

1. User initiates payment → 2. Smart contract validates transaction
    ↓                              ↓
4. Merchant receives funds ← 3. EPWX tokens transferred
    ↓
5. Analytics updated → 6. Fee distribution to stakeholders

API Architecture

RESTful API Design:

• JWT-based authentication

• Rate limiting and DDoS protection

• Real-time WebSocket connections

• Comprehensive error handling

• Automated API documentation

SDK Components:

• JavaScript/TypeScript SDK for web applications

• React Native SDK for mobile apps

• Python SDK for backend integration

• Smart contract ABI and interaction libraries

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