Native Web4 Tokens, Built-in DEX, and Hard Deflation in Core v0.25.50

SmartHoldem takes a giant leap toward realizing the Web 4.0 vision. The Core v0.25.50 update transforms our blockchain from a simple settlement layer into a fully autonomous economic system, featuring a native decentralized exchange and built-in deflationary mechanics.

This is a fundamental expansion of the protocol's capabilities, eliminating the need for vulnerable smart contracts and creating a fair, transparent environment for issuing and exchanging digital assets.

⚠️ Mandatory Network Upgrade
All node operators, delegates, exchanges, and services must upgrade to Core v0.25.50 before block 12,500,000. Nodes running older versions will be rejected by the network.

 1. Native Tokens (TypeGroup 3): Consensus-Level Assets

Forget the risks of EVM smart contracts. In SmartHoldem, token issuance happens natively at the core level (SHIP-14). This guarantees maximum security, predictable fees, and instant finality.

Native Token Capabilities:

• Issuance & Profile: Create a token with its name, logo, and website link recorded directly on the blockchain.
• Flexible Management: Mint (increase supply) and Burn (decrease supply) functions for precise emission control.
• Multi-Recipient Transfers: Send tokens to up to 256 recipients in a single transaction (perfect for airdrops and dividends).

SmartObjects V2 and Ticker Ownership

Alongside tokens, we are introducing SmartObjects V2 (SHIP-13/16). A token ticker (e.g., `BTC` or `MYTOKEN`) is now a unique decentralized object. 
UTF-8 Support: Up to 255 bytes for names and metadata.
True Ownership: Tickers can be transferred, sold, and bought directly on-chain. You mathematically own your brand without intermediaries or centralized registries.

 2. Token Market: Built-in DEX Without Intermediaries

We have embedded a decentralized exchange (DEX) directly into the protocol (SHIP-43). You no longer need to trust funds to third-party smart contracts or liquidity pools.

How it Works:

• Atomic Swaps: Token ⇄ STH exchanges occur atomically within a single block. The trade either executes completely or not at all.
• Order Book: Up to 64 open sell orders per seller for each token.
• Zero Custody Risks: Funds are locked on the sender's balance and only transfer to the buyer upon order execution.

3. Mathematical Deflation 

SmartHoldem has zero inflation. But with the release of v0.25.50, we are launching a hard deflation mechanism that makes STH a deflationary asset as the ecosystem grows.

Token Issuance Economics:

• Token Registration Fee (`TokenInit`): 5,000 STH.
• 2,500 STH (50% of the fee) is BURNED FOREVER and sent to a provably unspendable address.
• The remaining 2,500 STH are directed to the Global Seeding Pool to reward node operators and seeders.

The more tokens and applications created in the SmartHoldem network, the less STH remains in circulation. Demand for the infrastructure directly burns the supply.

4. Strict Balance Validation & Security

In v0.25.50, we have tightened block validation rules. The core now performs a strict balance check before including transactions in a block. Blocks containing transactions with uncovered balances will be immediately rejected by the network. This eliminates any theoretical attack vectors on the mempool and significantly increases consensus reliability.

Fee Schedule

Transparency is the foundation of Web 4.0. Here is the cost of native token operations:

 Node Operator Upgrade Instructions

To ensure your node continues operating on the Mainnet after block 12,500,000, please follow these steps:

1. Update the sth-core binary to version v0.25.50 https://github.com/smartholdem/sth-core-pq/releases/tag/0.25.50
2. If you are using a custom network directory (`network_dir`), be sure to update the `milestones.json` file to include the new activation milestone.
3. Start the node and verify the status via API:
  `GET /api/node/configuration` - the `minCoreVersion` field must display `0.25.50`.

pkill sth-core
rm sth-core
wget http://smartholdem.io/download/core/sth-core
sudo chmod +x sth-core
rm nohup.out
nohup ./sth-core run &
tail -f nohup.out

or use as systemd https://github.com/smartholdem/sth-core-pq/tree/main/docs/systemd

The Future is Decentralized

The v0.25.50 update blurs the line between a blockchain and an exchange, and between a token and a smart contract. We are building an environment where developers issue assets, users exchange them without intermediaries, and every token issuance makes STH even more scarce.

SmartHoldem is not just a network. It is the autonomous economy of Web 4.0.

🔗 Download v0.25.50 on GitHub: https://github.com/smartholdem/sth-core-pq/releases
🔗 Track the network in real-time: https://explorer.smartholdem.io
🔗 Download Netfory Web 4.0 OS: https://github.com/NETFORY/netfory-releases

🔗SmartHoldem Improvement Proposals: https://github.com/smartholdem/SHIPs

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