Discover and read the best of Twitter Threads about #Sidechain

Most recents (11)

Ordinals NFT和BRC-20的出现,再次将比特币生态的可扩展性推向了风口浪尖

@YouKenTrust 从可扩展性水平、去中心化、账本安全、实现难度四个角度探讨比特币可扩展性发展的四大方向

⬇️⬇️⬇️

1⃣无升级式扩容
2⃣侧链
3⃣升级式扩容
4⃣单程转账

#BTC #RGB #Sidechain #Ordinals
hackernoon.com/top-4-directio…
1⃣无升级式扩容(Non-upgradeable Scaling)

无升级式扩容是指不对比特币现有的技术体系进行改变,仅利用比特币已有的特性来实现特定的扩容

代表技术包括RGB和Bitcoin Script

RGB是一个可扩展且兼具加密的智能合约系统,可运行在闪电网络之上,但生成的所有数据都存在于链下

rgbfaq.com
这意味着整个账本安全性不依赖于比特币主网

Ordinal通过比特币脚本(Bitcoin Script)来实现,为比特币每个最小单位聪分配一个序列号,以添加额外数据,这种方法对BTC可扩展性改进比较小

目前市场上出现了围绕比特币NFT和BRC-20代币的炒作,但其价值可持续性仍有待观察
docs.ordinals.com
Read 10 tweets
[1/🧵] I believe @bob_way has already gone way overboard with #ILP and all the complexities of explaining all that needs to be expressed. ❤️

Still, let me make a few remarks on the following topics 👇
• Infrastructure layers of #ILP
#XRPL Payment Channels
• "Ledger Graphs"
[2/17] — Infrastructure Layers of #Interledger

When it comes to the most recent version of the open #ILPv4 suite in universal mode (high volume, low value payments), the layering is as follows:

1⃣ Application
2⃣ Transport
3⃣ Interledger (Core Layer)
4⃣ Link
5⃣ Ledger
[3/17] — 1⃣ Application Layer —

This is the suite's first layer, and it contains the following protocol:
➡️ #SPSP (Simple Payment Setup Protocol)

📝 This is for #identifiers, which are comparable to email addresses and are used to make addresses readable.
Read 18 tweets
📢OUT NOW: Following the latest #sidechain toolkit announcement, the #EVM sidechain proof of concept public testnet is now available!

#Cardano
You can now test token transfer between the test environments, connect your wallet and deploy smart contracts and #DApps.

Learn more about what you can do in the video walkthrough by @stevanlohja, Developer Relations Manager.⤵️
This proof of concept testnet is ephemeral and will be regularly respun during its pilot phase. Ultimately, it is intended to be a community resource and we encourage developers and SPOs to get involved and collaborate.
Read 6 tweets
[1/🧵] I've been reading a lot about #XRPL #scalability recently.

Let me quickly go through how #XRPL performs and #scales on these metrics:

▶️ Scale up "vertically"
▶️ Scale out "horizontally"
▶️ High volume & High value TX
▶️ High value & Low speed Source: https://ripple.com/insights/building-a-more-sustaina
[2/17] 👉 Asynchronous TX speed—Scale up "vertically"

In contrast to #DAG-based systems, which operate in "chaotic order" and execute transactions in parallel, the #XRPL validates transactions in canonical transaction order—one Ledger at a time.

🔗 bitcoin.stackexchange.com/questions/7857…
. . .
[3/17] . . .

❓ The approach for #DLT/#Blockchain-based systems such as #XRPL:
☑️ "Payment Channels"

🧐 It's a sophisticated feature for transmitting "asynchronous" #XRP #payments that may be broken into extremely small amounts and paid in total order afterwards.
. . . Source: https://ripple.com/insights/amendments-ensuring-sens
Read 19 tweets
@WKahneman 1/ Certainly one of the finest tedious rants I've heard in a long time 😉

But let me add a few more facts to your fantastic thread:
🧵👇
@WKahneman 2/ First and foremost, if you're looking for a quick way to find the first or oldest commit, often known as changes to the repository, ever recorded on XRPLF/rippled, here it is: 👇

github.com/XRPLF/rippled/…
@WKahneman 3/ You can see when the #XRPL was initially built, who was involved in the early stages, what issues were addressed, and what improvements were implemented at what point in time. 🧐
Read 16 tweets
What is #Tokenmint ?
Where to get #ZEN $ZEN
#Youtube #Zendoo #sidechains
timestamped here without intro: @horizenglobal $ZEN 🎬📽️🎞️🫡
What is $ZEN @horizenglobal @HorizenClips #ZEN #ZendooShorts #HODL attention👀

The only real $ZEN in #cryptocurrency
The mainnet currency and native asset of the #Horizen #blockchain
There is no token contracts for native main chain $ZEN
#Zendoo IT
Read 22 tweets
Dos mecanismos hacen especial a #RSK como #Sidechain de #Bitcoin:

1️⃣ #MergeMining
2️⃣ #POWPEG 🔗

Del 1️⃣ hablamos hace poco

Del 2️⃣ hay Space mañana. Image
Buen artículo con comparativo del PowPeg y otros mecanismos.

bit.ly/3tgZand
Adelanto: ni aún si coluden el 💯 % de los pegnatories se pueden chorrear los bitcoins del Peg. 🧡🤩
Read 6 tweets
🧵 THREAD N°12 : comment accélérer la blockchain ?

@ethereum traite 15 transactions/seconde, alors que @Visa en traite plus de 1500, soit 100 fois plus.

Comment la blockchain peut-elle résoudre ce problème afin d'être adpotée par le plus grand nombre ? 👇
1/ Vous êtes peut-être déjà tombé sur les termes de layer 2, rollup, sharding... sans jamais comprendre de quoi il s'agissait.

Tous ces termes sont des solution que les développeurs ont mis au point face à un problème de la blockchain : celui de la rapidité des échanges.
2/ Avec la démocratisation de l'ETH, le nombre de transactions a explosé et le réseau est congestionné en permanence.

La blockchain a un problème d'échelle : elle n'est pas (encore) adaptée à une utilisation de masse. Des solutions ont donc dû être trouvées.
Read 20 tweets
Just had a wild idea, so bear with me:
Imagine an #opensource #cryptocrowdfunding model for software products, the kind you buy from @awscloud @Azure @GCPcloud and also the smaller players like @digitalocean and @Rackspace m, where there are no hardware licenses. 1/
You don’t even have to run the software or have access to the hardware running it in this model. Instead of #softwarelicensing, #developers set #crypto #staking thresholds which act as #digitalaccesscontroltokens; #stake x of whichever #Crypto, or y of another, with a discount 2/
when using the project’s #sidechain. So you get staking setup, and essentially get #APIkeys which allow you to join the network in r/w mode. Or you could say to heck with all that, I just want to pay someone. You can pay the network directly to do the work the software does. 3/
Read 10 tweets
0/ Another doozy of a thread for you!

The past ~24hrs saw a great many #blockchain projects share development updates and partnership news. Amid this, the #crypto space was ripe with discussion on several topics.

On what, exactly? Well that's for you to find out 😉
1/ 🇺🇸 @AugurProject [ $REP ] - yeah, that #Ethereum-powered decentralized prediction market everyone wrote off post-#mainnet as quickly as @Novogratz revises a #bitcoin price forecast (😘) - well the #USmidterms have seemingly awoken punters from far and wide. Those numbers!
2/ 🔎 @adam3us's leading #bitcoin and #blockchain technology firm @Blockstream announced its new block explorer, blockstream.info.

Now, users can search and view specific data published in real-time to the Bitcoin #blockchain, Bitcoin #testnet and Liquid #sidechain. Neat!
Read 30 tweets
Just for fun I'm going to answer one of the brand new accounts spreading FUD about the #LiquidNetwork. Liquid is an inter-exchange settlement network - that means it's for exchanges, OTCs, traders, market makers etc. L-BTC isn't for putting into cold storage for your descendants.
Liquid is designed to solve a problem: moving large amounts of BTC very fast and reliably. On-chain transactions are prone to variance and exchanges typically require more than 1 confirmation, so full settlement can take an hour or more. Full settlement in L-BTC is minutes.
Bitcoin is trustless and permissionless. Corrrect! Liquid sits on top of Bitcoin and uses a distributed trust model. If you're a trader (remember what Liquid is for) you trust the exchange with custody of your coins while trading - so now you trust a federation of exchanges.
Read 8 tweets

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