2/4 🔥 We.new allows creators to create influential events as #NFTs for people to collect in #sports, #music, and more.
3/4 🎾 The debut action on We.new will feature @andy_murray's historic victory at the 2013 Grand Slam in collaboration with @Wimbledon
4/4 🚀 With our eco-friendly full-stack scaling solution #Polygon, We.new aims to reduce the environmental impact of #blockchain technology to the bare minimum levels.
1/ We are extremely excited to announce Avail - an important component of a completely new way on how future blockchains will work. #Avail is a general-purpose, scalable data availability-focused blockchain targeted for standalone chains, sidechains & off-chain scaling solutions.
2/ #Avail provides a robust data availability layer by using an extremely secure mathematical primitive - DA checks using erasure codes. We use KZG polynomial commitments to create a 2D DA scheme.
Simply put, Rollups provide an easy way to bypass the problem of all Ethereum nodes having to execute txns present in a block, to verify the validity of included transactions.
3/12 ZK Rollups do this by executing txns off-chain and submitting proofs called validity proofs back to Ethereum.
Optimistic Rollups solve this by executing txns off-chain and submitting assertions on Ethereum, with an added challenge period. These are secured by fraud proofs.
First, @sandeepnailwal, the Co-Founder of Polygon, will share a presentation about the last 12 months and what's in store for next year, followed by two short panels.
3/6 👀 NFT Panel: @dfinzer from OpenSea & Dave Carr from @decentraland will be joining the panel to discuss "Why are artists, creators and NFT projects finding value on Polygon?"
1/10 Lately we've noticed discussions and, at times, concerns or misinformation about multisigs on Polygon. To address that, here is a quick
TRANSPARENCY REPORT ON POLYGON MULTISIGS
First, it is worth explaining why are multisigs even used by many popular crypto projects.
2/10 Smart contracts on Ethereum are immutable by design, i.e. can not be changed once deployed.
This is a feature, not a bug. Immutability provides guarantees that any funds you put into a contract will only be used according to that contract's code.
3/10 However, this feature has one big downside: if there is a bug or a potential exploit in the code, there is no way to fix it!
In such situations, hackers can potentially steal users' funds and absolutely nothing can be done to stop them.
2/ 🔥 Polygon’s DeFi ecosystem is rapidly growing with more than 100 DeFi projects, including blue chips like @AaveAave and @SushiSwap. This has resulted in the need for deep liquidity for stablecoin pairs, for which Curve is exceptional.
3/ Curve’s mission is to allow for the seamless exchange of stablecoins with low fees and low slippage, and Polygon’s high-speed and low-cost infrastructure is the perfect match for Curve.