The unspent transaction output (UTXO) model explained here is a method used by the Bitcoin network to manage transactions. In Bitcoin, coins are not stored in a wallet in the conventional sense; instead, they are tracked through transaction records on the blockchain. When a transaction is made, the network searches for appropriate UTXOs to use as inputs, and any remaining bitcoins are potentially returned to the wallet as change.
2024-05-08 10:56:29
Blockchain as a Service (BaaS) is a cloud service that allows organizations to build and run blockchain applications and smart contracts without the need to establish their own blockchain infrastructure. BaaS providers offer flexibility and accessibility of blockchain technology, aiming to democratize blockchain technology so that companies can develop blockchain applications at a reasonable cost.
2024-05-08 10:44:02
Explore the immersive world of Alaska Gold Rush, a unique game that combines historical gold prospecting with modern VR, blockchain, and NFT technologies.
2024-05-08 09:39:27
MultiVAC is a next-generation public blockchain that aims to achieve high throughput, flexibility for decentralized applications (DApps), and infinite scalability.
2024-05-08 09:30:00
Traditional finance relies heavily on centralized institutions, but DeFi brings innovation by harnessing blockchain technology. Today, DeFi is a worldwide financial system open to all, offering various services from lending to trading, yield farming, and insurance.
2024-05-08 02:11:56
Zeus originated from Solana, but in the future, it will interconnect with numerous public chains, providing users with the choice between self-organization and centralized organization. In terms of specific mechanism implementation, Zeus also draws inspiration from the experimental mechanisms of BTC L2, such as using fraud proofs to verify transaction validity. With regard to solutions like EVM and Move VM, Zeus maintains an open-minded approach, ultimately aiming to facilitate communication across all chains, making interoperability a foundational feature.
2024-05-07 10:30:36
EVM+ offers a novel solution that facilitates the development of large-scale applications and accelerates the integration of cryptocurrencies with mainstream applications by seamlessly integrating EVM assets, protocols, and infrastructure. In Vitalik’s vision for Ethereum, the layer addressing non-scalability needs clearly plays a crucial role. Artela meets the demand for 'custom functionalities' in blockchain networks by adding 'native extensions' on top of the foundational layer.
2024-05-07 10:01:52
This article draws on industrial development ideas to explore the potential bottlenecks in the current construction process of L1 and L2 ecosystems, as well as future directions.
2024-05-07 09:54:49
EIP-3074 allows externally owned accounts (EOAs) to delegate their transaction capabilities to smart contracts, enhancing features like transaction sponsorship and batch processing. As a short-term fix, it aims to improve the user experience of EOAs to achieve a complete transition to smart accounts. This ensures that legacy users are not left behind, while also making sure they do not hinder AA's efforts.
2024-05-07 08:52:36
This article discusses the key factors for successfully launching web3 protocol tokens, including establishing relationships with liquidity providers, devising TVL strategies, and implementing robust marketing strategies. It is recommended to collaborate with liquidity providers to create token liquidity and pre-negotiate TVL to enhance social acceptance. A long-term solution is to allow the protocol to operate for a sufficient period, but records can be established by incentivizing early TVL.
2024-05-07 07:58:40
Today we’re excited to share Reth’s path towards 1 gigagas per second in L2 in 2024, and our longer-term roadmap for going beyond that.
2024-05-07 07:50:42
Embracing the tenets of progress and innovation within the crypto domain, Account Abstraction offers an alternative for seamless Ethereum engagement.
2024-05-07 01:55:29
With the development and maturation of zk virtual machines, supporting Turing-complete execution of arbitrary smart contracts has become possible. The potential of zkRollup will be truly unleashed, realizing its vision of breaking the blockchain trilemma.
2024-05-07 01:51:10
POKT Network is a data infrastructure ecosystem serving Dapps that can power large-scale data coordination and distribution cheaply.
2024-05-06 14:27:30
This article discusses various crimes in the cryptocurrency world, ranging from scams to money laundering, to ransomware and computer hijacking, helping users understand and avoid various scams.
2024-05-06 14:12:02