Sigmadex describes their use of EIP-2535 Diamonds in their October Recap blog post
submitted by /u/mudgen [link] [comments]
submitted by /u/mudgen [link] [comments]
The boom in Non-Fungible Tokens (NFTs) is advancing faster than ever, reaching new price and volume records in 2021: Digital artwork “Everydays — The First 5000 Days,” sold for $69 million at a Christie’s auction in March. Sales of NFTs surged 700%+ to $10.7 billion in Q3 2021 over Q2 2021. The overall value of NFTs globally has surpassed $43 billion. The proliferation of NFT gaming is adding more fuel to the fire – Axie Infinity, one of the most popular NFT metaverses, is on track to generating $2.7 billion in 2021, almost only from sales of character and in-game NFTs. In such an unprecedented and dynamic market, NFT buyers and collectors often face a set of challenges: Hidden Fees – Most of today’s NFTs are based on Ethereum-standard Blockchain tokens (ERC-20, ERC-721 or ERC-1155). Since each token needs a certain amount of power to be generated, each NFT transaction comes with a so-called “gas fee”. The fee is currently about 5.23% of the average NFT price – a significant cost for both buyers and sellers. A Fragmented Market – Although a number of NFT trading platforms are operating (Opensea, Rarible), they do not help NFT buyers or sellers locate potential NFT assets or collections of interest to them. Liquidity is therefore fragmented, as buyers and sellers often cannot locate each other with ease, reducing the potential to maximise sales prices. Security Issues – Crypto wallet attacks, hacks, and data breaches are becoming more and more frequent. A total of 27 large-scale crypto wallet attacks occurred in 2020, with owners being robbed of over $3 billion. With the global value of NFTs rapidly reaching $50 billion, collectors need a solution that ensures their valuable digital assets are safe when stored and when traded. An ambitious team of developers has created a unique, state-of-the-art, and highly reliable Blockchain-based platform that allows NFTs to be stored and traded safely, quickly, and at a minimal cost. The name of this solution is Secretum. Secretum – The Ultimate Platform For Safe, Instant, and Low-Cost NFT Trading Secretum is the world’s first and only decentralised, encrypted messaging and OTC trading app, built on the innovative Solana Blockchain. It offers users a set of unique features: Direct NFT and crypto token trading between users, via an integrated escrow smart contract functionality, allowing users to find NFT assets owned by other wallets. This opens up endless opportunities for trading NFTs without the need for exchanges, boosting the liquidity of the NFT market. Direct and anonymous registration and messaging/phone communications with any other wallet owner in the world, based only on wallet address. Secretum allows crypto owners to do something unprecedented, namely communicate and trade with each other without having to know each other or have each other on a contact list. High-security NFT and file storage on a distributed node network, eliminating the risk of hacking, data leaks, or any other external interference that normally affects cloud-based messaging/storage solutions. Secretum’s use of the Solana Blockchain is a game-changer for the NFT market, thanks to its superior characteristics: Low Cost – Solana’s transaction costs average only $0.00025, a saving of over 99% from average Ethereum gas fees. This means NFT collectors and traders save more money and can increment their trading activity significantly, at almost no extra cost. High Transaction Speed – Solana is capable of processing 65,000 transactions per second, 4,000x more than Ethereum. This means Secretum can accommodate an enormous amount of NFT trading activity between its users, without any execution delays. A Booming Ecosystem – In July 2021 Neon Labs announced the deployment of a cross-chain Ethereum Virtual Machine on the Solana testnet. Secretum will therefore be able to leverage the speed of cost advantages of Solana with the ubiquity of Ethereum-based applications and NFTs (90% of the total), accelerating the growth of Secretum’s user base and market presence in the NFT market. Secretum’s unique capabilities and technology are a quantum leap forward both for secure messaging and for the NFT market. By positioning itself to become the go-to solution for both of these two enormous markets, Secretum aims to take full advantage of its future growth.
The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin, does not end up in the wrong hands. Meanwhile, the Modi government is working on a regulatory framework for cryptocurrencies in India. India’s Prime Minister Modi on Bitcoin and Cryptocurrency Indian Prime Minister Narendra Modi […]
Launched in Q1, 2021, ABEY and its ecosystem took the market by storm by becoming one of the fastest-growing projects in the crypto and blockchain space. The project’s progress was acknowledged at the AIBC Europe 2021 in Malta, an event that gathers thousands of investors and innovators from different sectors. During the event, celebrated last November 16, ABEYCHAIN was awarded the Blockchain Solution of the Year. The award was granted by a panel of experts familiar with blockchain technology, and with community support. The project has achieved a new milestone consolidating months of exciting developments. Eman Pulis, a founder of SiGMA and owner of AIBC, said: “Congratulations to ABEY for being awarded the AIBC Europe 2021 Blockchain Solution of the Year. AIBC is an intersection for excellence in the international blockchain community and we are thrilled to award this prestigious accolade to the ABEY Foundation.” Philipp Sauerborn, Co-Founder and Director of the ABEY Foundation said: “This victory is an significant milestone for our developers and the thousands of users who make up the ABEY ecosystem. This prestigious recognition is the result of countless hours of hard work from our ABEY team and the developers running their apps on our blockchain. We are committed to growing the ABEY ecosystem in order to bring our users the best solution that we possibly can. We are so grateful AIBC and its expert panel of judges has noticed our passion and excellence.” In Q3, 2021, ABEY’s growth started to become truly notable. The platform records 140,000 users adding 10,000 active addresses on a monthly basis during this period. More users have started interacting with ABEYCHAIN after it introduced new features and capabilities. The platform leverages a unique approach to the blockchain trilemma by operating with a hybrid consensus mechanism that combines the best of the Proof-of-Work and a Delegated Proof-of-State (DPoS) algorithm. This has allowed eliminating the disadvantages that affect top blockchains, like Bitcoin and Ethereum. The ABEYCHAIN uses a DPoS Committee that keeps in check its PoW nodes to achieve a high transaction throughput. This innovative model was amongst the reasons the platform was granted the award. Pulis also said the following on ABEY’s recent accomplishment: Your award was majority based on our expert judging panel’s evaluation, as well as a smaller component of public voting. Every developer running their dApps on ABEYCHAIN, every user of ABEY’s XSwap.com DEX, every holder of ABEY cryptocurrency should feel proud of your achievement. ABEYCHAIN The Next Big Thing On The Crypto Scene? In addition, The ABEY ecosystem has experienced an explosion in all its fundamentals and use cases. Besides its native decentralized exchange ABEY DEX, the platform allows its users to tokenize assets, to liquidity mine to earn rewards, trade derivatives, and more. In the future, ABEYCHAIN will deploy its own Non-Fungible Token (NFT) platform, and a stablecoin called aCash Token (ACT) that will give its users another tool to securely transact on the network. The number of use cases and potential decentralized applications (dApps) seem endless as this ecosystem continues to attract developers from blockchains build with the classic consensus model. ABEY was awarded the Blockchain Solution of the Year and nominated to DeFi Project of the Year. In addition, ABEY sponsored the Crypto Influencer of the Year award. If the project continues its trajectory, this could be the first of several awards to be won across the next decade.
Kibo Finance, a startup DeFi options trading platform, has announced the closing of a $1.5M seed round. Participating investors in the round include Republic, Huobi, Gate.io, Fenbushi, AU21, Genblock, Kenetic, MGNR, GSR, DFG, Bitcoin.com, David Garcia of Borderless Capital, Sandeep Nailwal (Co-founder of Polygon), and Mirza Uddin (Co-founder of Injective Protocol). The Kibo Finance protocol…
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So I sent ethereum from coinbase to my ethereum classic wallet on binance on accident about a year ago. Binance customer service asks me for the transaction ID but then they never reply after that. Is there any way to get my ethereum back? submitted by /u/TheReviewCrew [link] [comments]
This can be created as an NFT itself, some mad-lad downloaded all the JPEGs on ETH and SOL network and then uploaded them on a torrent. I can’t even begin to imagine how he uploaded 19 TB of JPEGs He even tweeted from he got all that space to store these NFTs https://twitter.com/geoffreyhuntley/status/1461332618578849793?s=21 Tweet: Rented…
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The newly merged corporation will retain its ticker symbol BSGA on the Nasdaq stock exchange. Jihan Wu will continue to lead the combined organization.
About a month ago Turkeys president has declared a "War on Crypto" following young turkish people using Crypto to escape the extreme inflation. You may ask how this war on crypto is going? Turkeys currency has just hit an inflation of 20%, with no end in sight. Following his statement, even more turkish people are…
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TLDR: New generative art nft platform (currently on rinkeby testnet). Links: Site: https://anaai.art App: https://app.anaai.art Twitter: https://twitter.com/anaai_art Discord: https://discord.gg/untVhFr9 demo Hello guys, in the past few months we have been developing a generative art platform on the blockchain. We plan to use different generative and AI models to allow users to create their own art.…
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