NFT⚡Brit Gaile 🏃

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NFT⚡Brit Gaile 🏃

NFT⚡Brit Gaile 🏃

@BritGaile

Admin & Collab Manager || $EGLD $VITE #thxsummy #BannyPaid #NatGang #ayuminati #FurrFam #SUPERFAMILY #rubyproofs #testiar #christagifts #6️⃣5️⃣🎹 || GMT +8

MultiversX ✨ Katılım Ağustos 2019
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Pastor West
Pastor West@Pastor__West·
Somebody repeat AFTER MEE!!! Ima get finer & finer and my life gone get better & better. 🤞🏽
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Robert Sasu | dev/acc
Robert Sasu | dev/acc@SasuRobert·
We all do love #SovereignShards and we have received a lot of questions regarding the economics: 1. How do I become a validator? 2. What are the benefits of Sovereign Shards on the economics model of the mainchain? 3. What is the trust model of Sovereign Shards? The economics design for complex systems is rather important and we can create a framework where it is easy to launch custom appchains which inherit as much trust as possible. The key words here are : dual staking, shared security and increased trust Developers who want to create smart contract protocols like DEXs, lending platforms, and more on #MultiversX can benefit from the security of MultiversX’s network by simply deploying their contracts on it. This has enabled a rapid and diverse growth of innovative smart contract protocols on a secure platform, such as #DeFi, #NFTs, and more. However, one of the biggest challenge for a new project launching a SovereignShard is the fact that is has to build their own trust network from scratch to get any security. This is probably the biggest challenge for every new idea to overcome the same challenge that hinders innovation in distributed systems from achieving a similar level of speed, variety, and scale as innovation in smart contract protocols. Proof of Stake (PoS) is a way of providing some services to its users by a network. Users request tasks, and the network gives appropriate responses. The user then can check that the network response has met some quorum rules. Using Byzantine Fault Tolerance (BFT), a common user task might be to include a transaction. Here, a valid response would be a block that contains the transaction, supported by signatures from at least two-thirds of the operators. Problem: However, starting a new Proof-of-Stake (PoS) network is difficult. It usually involves creating a new token and convincing people to buy and stake the token. These native tokens are often unstable, causing high inventory risk for holders. These native tokens might also be hard to get because of their newness and lack of exchange listings. Imagine a world where you could access the security and trust features of MultiversX programmatically according to the needs of your custom systems, being it in this case the Sovereign Shards. Furthermore, by tapping into this design, SovereignShards could enjoy shared security, bigger economic trust and more selection on the Validators. In this world, developers would not have to worry about creating a trust network from scratch. Instead, they could design systems that pay fees to the programmable network to get the amount of security they need, in order to build innovative systems. Solution: Dual Staking with ReStaking Dual staking uses two tokens to secure the same PoS network. If one of these tokens is an external network token with lower volatility, higher liquidity, and more access, such as $EGLD, it could solve the problems new PoS networks face. Dual staking makes the bootstrapping process easier. Instead of requiring stakers to hold an unstable new token, they can stake $EGLD into the network. Along with staking $EGLD, stakers can also stake the network’s native token. Dual staking also reduces the “death spiral” effect. If the native token’s price declines, the PoS network’s security is still impacted, but the effect is limited. This is because the EGLD staked in the PoS network provides a basic economic security. To further enhance the design, the $EGLD does not need to be used directly, but a liquid staked format of it will be accepted, effectively creating incentives/stable income for all who enter the Sovereign ecosystem as well. This is what we can call reStaking. With this, Sovereign Shards can tap into the already existing economic and decentralized trust of existing validators and new economics models can be hooked to it instantly. Finally, using this framework a complex shared security state can be achieved between multiple parties. From this design the whole ecosystem can gain on multiple fronts. Staking $EGLD will result in a stable yield thus validators will have a source of stable income. The new Sovereign Shards will bring more usage and more fees to both SovereignShard validators and to the mainnet as well. Enhanced composability will mean that most of the dApps on the mainnet will be as a central focal point for the sovereign shards. Validators/delegators will be able to earn additional rewards from fees accumulated on SovereignShards and from rewards of the second staked token. Any sovereign shard will start by default with a high trust. The design is opt-in for any project, not mandatory, as the freedom of building is of utmost importance. And as always, #itistimetobuild
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The Palm Tree ⚡Network
The Palm Tree ⚡Network@ThePalmTreeNW·
1/10 We're excited about @MultiversX's partnership with @umbnetwork! 🌟 🔥They are thrilled to support the @MultiversX ecosystem with Umbrella’s On-Chain Data Feeds, enabling developers to create groundbreaking #DeFi protocols and more. But, What is Umbrella Network?🤔👇
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ᕈulsar Money
ᕈulsar Money@PulsarMoneyApp·
Introducing Pulsar Money Premium read more: pulsar.money/blog/expanding… @PulsarTransfer send 1000000 MEX to 1000 reactions Surpass the past boundaries and perform now campaigns up to 1000 transfers by just posting a tweet. Extend past the maximum of 3 campaigns per day, while new premium features are in the pipeline alongside new integrations. The Social Payments module has attained great traction, emerging as the most utilised web3 payment tool on MultiversX. Yet, this is merely the start of its evolution. For scalability reasons the newly introduced Package contains a system to harness the power of the Social Payments and bind a sustainable model to it. Thus, a fee of 0,000095 EGLD per transfer will be applicable on top of the 25 free transfers available in the Freemium Plan. Switch the toggle on your Social Payments Profile page and expand your limits.
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xLaunchpad
xLaunchpad@xLaunchpadApp·
Excited about the @Ta_da_io launchpad and eager to start your KYC process? We have streamlined the process with the help of the @xPortalApp, so let's catch up with what’s new or still raises questions 🖼️. For additional information, you can access: 1️⃣ FAQ: xlaunchpad.com/ta-da/kyc-guide 2️⃣ EEA flow guide: help.xportal.com/en/articles/88… 3️⃣ Non-EEA flow guide: help.xportal.com/en/articles/88… 4️⃣ How to associate a different snapshot wallet address: help.xportal.com/en/articles/88… 5️⃣ Telegram chat: t.me/xLaunchpadApp 6️⃣ In-app support (Cash > Need help) AI is here. Growing by the day. Share in the upside with @Ta_da_io 🔥
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Telekom Web3 Infrastructure & Solutions
FACT FRIDAY – @MultiversX Back to our friends at @MultiversX for our weekly FACT FRIDAY. Let's take a look at what we can expect from @MultiversX in 2024. · Transactions are getting 12 times faster due to next planned protocol upgrades · Infrastructure costs for validators & node operators are going to be much cheaper thanks to the new multi- key feature (up to 92%) · Sovereign Shards: Alpha+ release planned; you can expect in 2024: · “Fully featured sovereign shard binary with configurable genesis, validator set, block time, gasmodel, ESDTs, guardians, systemVM and WASMVM · Setup any ESDT as base token/gas token, and all token transfers will be ESDTs · NO BRIDGE Seamless cross mainchain to sovereign shard transactions, making any sovereign shard as an extension to the current ecosystem.” · EVM-compatible Sovereign Shard by OneFinityChain Upcoming @xPortalApp Features in 2024: · More chains · Instant onramps · P2P Transfers · GooglePay · ApplePay · Ledger Support · Onchain Gamification Want to dive deeper into all the upcoming things? Check out the sources below: agora.multiversx.com/t/sovereign-sh… youtube.com/watch?v=1ap3yz… x.com/sasurobert/sta… x.com/multiversx/sta…
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Ta-da
Ta-da@Ta_da_io·
🎉 Yesterday, another "prize pool" wrapped up, paving the way for a new one! 🚀 We're continuously testing and improving the Ta-da app until its official release. 🙏 A big thank you to our community for their efforts during our beta. 🔥 Newcomers, here's a code to join the beta (valid for the first 30 users, so hurry up!): b88c396053
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Pastor West
Pastor West@Pastor__West·
Your entire house is about to be BLESSED. Thank God in advance..
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Alex Ștefănescu | DiXiD
Alex Ștefănescu | DiXiD@stefanescualexx·
Join the Gleam competition organized by @Ta_da_io and win a part of the $8,000 prize pool in $EGLD. 💰 @PulsarTransfer send 1000000 MEX to 1000 retweets Stand a chance to win up to $2,000! 💵 wn.nr/Q3bKE2c
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Beniamin Mincu |🇺🇸/acc
Beniamin Mincu |🇺🇸/acc@beniaminmincu·
move fast, and build things. a few insightful details about the #MultiversX rust franework 🔥⚒️ 10x security, 10x effectiveness, 10x utility.
Andrei Marinica@andreimmarinica

Let's talk about the #MultiversX smart contract Rust framework 🦀 and dispel some of the confusion surrounding it! There's been recently a lot of interest in the community about our tools, and even a poll to name some of them! This is great! 🔥 So let's use this occasion to provide a quick tour of the framework. First off, it's much more than a development framework. As you will see in this post, it provides support for building both on- and off-chain. The vision is to have smart contracts developed at a very high standard of quality, and then build dApps around them. Ideally, this framework should be everything you will ever need to develop on the #MultiversX blockchain, a swiss army knife for everything blockchain. I also want to point out, that while developed and optimized for #MultiversX, it is modular enough that it could in principle be used with other blockchains and systems. There is a large repo containing all the functionality and a lot of examples (mostly in the form of contracts), feel free to check it out: github.com/multiversx/mx-… There is also a lot more on how to build smart contracts here: docs.multiversx.com/developers/sma… 1. The data format (codec) I am not even going to start with the framework proper, since before that we need to talk about how data is encoded on the blockchain. We've built a very fast and compact codec, specifically for our blockchain needs. Most importantly, we wanted a format that: - can be read by humans with little effort, - is as compact as possible, and - can be encoded and decoded fast. You can read more about it here: docs.multiversx.com/developers/dat… 2. The smart contract base framework What might feel familiar for most people, we have a smart contract framework. It contains everything needed to write a smart contract in Rust. Very importantly, this base framework is not tied to any particular implementation. It is not really a WebAssemly framework, because it knows nothing about WebAssembly. Contract code can be built and run on any platform, and specifically, as you will see, we do not debug or test contracts via WebAssemly most of the time. This also means that smart contract code doesn't actually need to end up on the blockchain. We are working, for instance, on a solution to deploy smart contract code as a service that merely queries the blockchain, but runs off-chain. The base framework is very high-level. It gives you abstractions to easily express storage, I/O, events, and most especially transactions. We are in the final stages of creating a unified syntax for all transactions: those launched by users and smart contracts, simple transfers and contract calls, tests, queries, you name it. There will be more about this soon. It also provides a lot of types and optimized operations, which on our VM run extremely fast. We call them managed types, and they allow us to avoid performing allocation on the heap and dealing with memory in the precious smart contract computational space. 3. The wasm adapter Because the base framework doesn't know about WebAssembly, we need a separate adapter to aid in the build process. 4. The meta crate Building contracts is complicated, for reasons we have no control over. So we put a lot of effort in creating a tool that hides this complexity and makes day to day developer life easy. For a long time, mxpy was used for all contract maintenance, but we felt that a native Rust application is closer to the framework and more accessible from the Rust ecosystem. Meet multiversx-sc-meta, sc-meta in short. It does the following (in no particular order): - helps to build the ABI, - builds contracts to wasm (production/debug mode), - helps generate boilerplate for tests, - creates new projects from template, - upgrades contract projects to the latest version, - generates boilerplate for snippets, - makes it easier to run tests, - (coming soon) installs some required dependencies. By the way, the "meta" in the name comes from "meta-programming", since this is its main purpose: to be a (meta-)program that deals with other programs, i.e. the contracts. You can read more about it here: docs.multiversx.com/developers/met… 5. The testing framework In an ideal world, development is 10% of the effort, while the remaining 90% is reserved for testing. Smart contracts need to be exceptionally tested. There are several ways to test: - on a real blockchain (testnet/devnet/mainnet) - on the real Go VM, but with a mock blockchain, we have a Go tool for that - in pure Rust, on a simulated VM. Yes, we've built a full MultiversX VM in Rust (more about this later). This testing framework revolves mostly around the 3rd option, the Rust VM. It also allow for step-by-step debugging of contracts. It provides a rich syntax for setting up Rust tests, which come in 3 flavors: - unit tests, - white-box integration tests, - black-box integration tests, that imitate the blockchain. It also provides the support for running Mandos json scenarios. 6. The Rust VM Now that we've mentioned it, let's also say a few words about the Rust VM. It is a replica of most of the functionality on the main Go VM. It is currently only used for tests and debugging, but we are working on integrating Wasmer (our VM's engine) in it and slowly turn it to a fully functional alternative to the Go VM. If we are ever going to have multiple independent implementations of the MultiversX protocol it makes sense to start with the VM, isn't it? 7. The interactor framework Building and testing contracts is just the first step. They need to be deployed, then we need to sent interact with them. For a Rust developer it is painful to have to switch languages to do so, so we're offering the possibility to have small Rust programs that do just that. For now this is only for small interactions, but we are planning to do a full web service Rust framework. The syntax that we employ here is very similar to the one that we use in tests, and in contracts. After all, it's all just transactions everywhere. Since everything is Rust, it is quite straightforward to formulate these interactor transactions with the help of the very types and endpoints defined in the contracts themselves! There is no need to rewrite anything in another language, not even to bother with the ABI, contracts naturally provide all functionality for format calls to them. 8. More There are several more smaller tools, some libraries for dealing with tests, some experiments with UI, etc. For an overview, this is enough, we'll stop here. Final thoughts As you can see, there is a lot going on in here, and this is just scratching the surface. We've been working for years to provide this very rich and friendly developer experience. We are also very proactive about bugs and vulnerabilities, and are designing our frameworks to make most types of bugs impossible to write in the first place. I want to return to my main point: this is much more than just a smart contract development framework. We are creating a new way for developers to interact with the blockchain, all integrated, with powerful abstractions, and no effort spared to achieve bug-free code. So with that being said, It's time to build! 🛠️🔥🚀

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Robert Sasu | dev/acc
Robert Sasu | dev/acc@SasuRobert·
.@OneDex_X choose the right thing to do and to leverage their technology and build even more. The @OneFinityChain have set the goal to implement the EVM (Ethereum Virtual Machine) on the Sovereign Shard, using the technology of #MultiversX. Builders are going to build. Although EVM has its set of limitations and problems, with clever design some of these can be easily overcome. When the Sovereign Shards will get the parallel execution feature, this will work on the built EVM virtual machine as well. Approve and TransferFrom are still problematic, but leveraging two technologies from the MultiversX chain it can be made safer to users: 1. Batch Actions: each UX can create a batchTx for the user with 2/3 actions and all are executed atomically. (It is one tx with multiple actions, with atomic inclusivity and/or execution). So a dApp can prepare approve for just enough tokens which is going to be used in the next actions, and a revoke actions if there is no way to know beforehand the number of tokens used. 2. Transaction Simulator: wallets can simulate and show the result of the execution before the user signs it, in a visible manner. This can help resolve phishing attacks. If we look forward, on the implementation of EVM, the same storageContext interface is used as on WASM VM, and we are planning to implement linear storage types there, which can be inherited by the EVM implementation as well. Solving the reentrancy issues. Doing all this, we can show that even EVM issues can be resolved on #MultiversX technology. So, #itistimetobuild
OneFinity Chain | Testnet September 23rd@OneFinityChain

♾ Onefinity Chain ♾ The next steps have been solidified, and the path to the future is now set. OneFinity Chain is poised to be the first EVM-compatible Sovereign Shard on @MultiversX, charting a clear path for the future. #MultiversX #EGLD

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