🤖Technical Overview

OGLONG introduces a groundbreaking platform for the issuance and distribution of BRC20, Runes, and CAT20 tokens within the Bitcoin ecosystem. Utilizing the distinctive properties of Bitcoin ordinals and the advanced concepts of inscriptions and UTXO-based token management, it provides a secure, decentralized infrastructure for token distribution.

Runes Tokens Distribution Unique to OGLONG, the platform supports the seamless claim and distribution of Runes tokens, which utilize a UTXO-based system for token management. This allows for efficient, secure transactions and easy integration into the existing Bitcoin infrastructure, distinguishing it from traditional BRC-20 token systems that rely on inscriptions.

Token Allocation and Ordinal Verification The platform's architecture includes a sophisticated eligibility verification process to assess users' ordinal inscriptions and Runes holdings, an internal logic for calculating claimable token amounts, and a finely-tuned UTXO management system tailored for the Bitcoin blockchain's operational needs.

Web Application Framework and User Interface OGLONG's interface is crafted using React.js, creating a dynamic and responsive user experience crucial for interactive user engagements and real-time updates during token claims and project introductions. The backend, powered by Node.js with the Express.js framework, handles application logic, user authentication, and efficient API creation. MongoDB, a versatile NoSQL database, supports a broad range of data types, enhancing the platform's capability to manage detailed user and transaction data effectively.

Blockchain Integration and On-Chain Operations At the heart of OGLONG is its integration with the Bitcoin blockchain, leveraging core blockchain libraries for essential operations such as wallet management, transaction processing, and verifying users’ eligibility via Ordinal inscriptions and UTXO management for Runes tokens. This integration ensures a transparent and equitable token distribution mechanism supported by a robust tier-based allocation system.

Cloud Infrastructure and Security Hosted on AWS, OGLONG utilizes an array of services including EC2, S3, CloudFront, and Route 53, ensuring high availability, fast content delivery, and secure DNS management. The platform's security is reinforced with SSL encryption and strict AWS security protocols to safeguard data and control access.

Real-Time Communication and Data Flow OGLONG employs Server-Sent Events (SSE) to provide users with immediate updates during the token claim process, establishing a real-time communication channel from server to client.

Project Launch and Community Governance OGLONG extends its functionality by fostering a community-driven ecosystem where project creators and OLNG holders actively participate in shaping the future of the platform. This collaborative environment empowers users to directly influence project tokenomics and claim procedures, promoting transparency and collective decision-making.