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Showing posts with the label contract

To eventually replace MATIC, Polygon introduces the POL token contract on Ethereum.

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In the realm of crafting textual content, three essential factors come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, measuring how complex it is. Burstiness, on the other hand, assesses the variance within sentences, encompassing a mixture of lengthy and intricate sentences alongside shorter ones. Lastly, predictability examines the likelihood of accurately predicting the forthcoming sentence. Typically, human authors infuse their compositions with bursts of creativity, characterized by the presence of diverse sentence lengths and complexities. In contrast, AI-generated content tends to exhibit uniformity in sentence structure. Hence, for the content that follows, I shall endeavor to infuse it with ample perplexity and burstiness while maintaining a low level of predictability. I shall adhere to English as the chosen language for this endeavor. Now, let’s rephrase the given text: The...

Stellar initiates security audits for imminent Soroban smart contracts platform

The Stellar Development Foundation is set to enhance its blockchain offerings with Soroban, a new smart contract platform, currently in testnet phase, emphasizing heightened security and seamless integration. The Stellar (XLM) blockchain, known for fast international transactions, is about to introduce something new. This is called Soroban, a platform for smart contracts that’s being tested right now. What makes Soroban special is its use of WebAssembly (WASM), which is designed to work well with regular websites and blockchain systems. Product update! Today, @CertoraInc & @StellarOrg have teamed up to boost @SorobanOfficial, the Stellar network's smart contract platform , with cutting-edge formal security verification. Why is this important? It fortifies the foundation of blockchain security , ensuring trust… — Stellar (@StellarOrg) October 11, 2023 Blockchains need to be very safe. Even a tiny mistake in the code can cause big problems. That’s why St...

We need to fundamentally change how smart contracts operate

Smart contracts should be viewed as “proof-of-concept” rather than as critical for universal adoption. That may mean exploring alternatives. Smart contracts have reshaped the possibilities of what blockchain and crypto can achieve, and we can all acknowledge that. That doesn’t mean they’re the be-all-end-all solution to widespread adoption. Being overzealous about any kind of innovation can also contribute to its stalling, or even failure if other factors don’t align. The mentality of assuming new technology is perfect and wondering why everyone hasn’t caught up to its genius is outdated. Not only does it create an adversarial relationship when inevitabilities, such as regulation, arise, but it also diminishes the motivation to improve on new applications to maximize their value. Smart contracts and companies building their products around their implementation are now nearing this impasse. So, what can be done to close these gaps and potentially set the stage for an alternative? The g...