Nikita Vergunov pfp

Nikita Vergunov

@vergunov

90 Following
166 Followers
Nikita Vergunov pfp
Nikita Vergunov
@vergunov
ah, shit... here we go again
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
There is a start of new Base compain. I believe that this can play a role in potential airdrop https://wallet.coinbase.com/summer/share/summerpass?referral_id=35342547-7d41-4af6-98d3-e75c04220a62&summerpass_id=0xe6e9df891dab3c44f1417160385736946f89d5d0
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
i minted https://wallet.coinbase.com/nft/mint/i-need-a-dollar
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
CONSENSUS MECHANISMS The term 'consensus mechanism' is often used colloquially to refer to 'proof-of-stake', 'proof-of-work' or 'proof-of-authority' protocols. However, these are just components in consensus mechanisms that protect against Sybil attacks. Consensus mechanisms are the complete stack of ideas, protocols and incentives that enable a distributed set of nodes to agree on the state of a blockchain.
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
What Is a Hybrid Smart Contract? A hybrid smart contract combines on-chain infrastructure with off-chain data and computation provided by decentralized oracle networks to create a feature-rich decentralized application. By being able to seamlessly combine on-chain and off-chain components, hybrid smart contracts can unlock smart contract use cases and functionality that wouldn’t be possible by using just one of the components.
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
What is Fantom? Fantom is a fast, scalable, and secure smart contract platform built on an aBFT consensus protocol. Fantom is: Permissionless Decentralized Open source / Business Source License Lachesis, its revolutionary aBFT consensus mechanism, allows Fantom to be faster and cheaper than previous technologies while retaining security. Key features: Speed Fantom achieves transaction finality in 1–2 seconds. Scalability Fantom can process thousands of transactions per second and scale to hundreds of nodes. Security Lachesis provides institutional-grade security to the distributed network. Fantom offers absolute finality, which means that transactions can never be reverted like in networks with probabilistic finality. Fantom is also leaderless. By removing leaders, security does not rely on a small set of actors in charge of block production. Smart contract support Fantom is fully compatible with the Ethereum Virtual Machine. Developers can create and deploy smart contracts as they would on Ethereum.
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
Current blockchain storage projects BitTorrent, Filecoin, Sia and Storj are among the decentralized storage networks using blockchain. BitTorrent's decentralized storage network is based on its file-sharing protocol (BTFS) and Tron's decentralized blockchain platform. The network lets storage "renters" pay "hosts" for their excess capacity. The Filecoin distributed cloud storage network uses blockchain and the InterPlanetary File System (IPFS) to let users purchase storage from providers on the network. IPFS is a peer-to-peer (P2P) hypermedia distribution system designed to provide a decentralized method for storing and sharing files. Nodes within the IPFS network form a distributed file system that can be accessed in many ways, including the Linux-based FUSE interface and HTTP (Hypertext Transfer Protocol). Local files can be added to the IPFS network and made available to the world.
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
Advantages of blockchain storage In addition to the advantages explained above, having data stored across dozens of individual nodes also gives blockchain storage security benefits. Encrypting the files and distributing them across the decentralized network makes it harder for hackers to access the data. There is no central entity controlling access to files or possessing the keys needed to decrypt the files. The private keys are controlled entirely by the user, making it theoretically impossible for a third party to access the files. Sharding also promotes security and privacy. Blockchain storage could also allow faster and more customizable storage systems because users are able to manipulate settings, such as the speed of retrieval and redundancy.
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
Blockchain storage vs. cloud storage Blockchain storage is a potentially cheaper, more secure and more reliable alternative to centralized cloud storage. Providers of centralized cloud storage prevent data loss by making copies of the data and storing it in different data centers. The large amount of data that is duplicated in this process can create excessive amounts of surplus information. Also, cloud storage requires enterprise-grade hardware for its data centers. These factors can make centralized data storage significantly more expensive than blockchain storage.
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
I suggest you watch it at your leisure https://www.youtube.com/watch?v=zVqczFZr124&t=48s&ab_channel=SimplyExplained
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
vitalik know one way to become fit without steroids
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
just a fun collection https://zora.co/collect/zora:0x00c87b04bca8deb2a86e668ad6bdbd9f732282c0
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
maybe this can help someone here https://docs.linkwellnodes.io/blog/Build-A-Chainlink-Price-Feed-With-Flux-Aggregator
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
Zero-knowledge rollups (ZK-rollups) bundle (or 'roll up') transactions into batches that are executed off-chain. Off-chain computation reduces the amount of data that has to be posted to the blockchain. ZK-rollup operators submit a summary of the changes required to represent all the transactions in a batch rather than sending each transaction individually. They also produce validity proofs to prove the correctness of their changes. The ZK-rollup's state is maintained by a smart contract deployed on the Ethereum network. To update this state, ZK-rollup nodes must submit a validity proof for verification. As mentioned, the validity proof is a cryptographic assurance that the state-change proposed by the rollup is really the result of executing the given batch of transactions. This means that ZK-rollups only need to provide validity proofs to finalize transactions on Ethereum instead of posting all transaction data on-chain like optimistic rollups.
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
What is blockchain storage? Blockchain storage is a way of saving data in a decentralized network, which utilizes the unused hard disk space of users across the world to store files. The decentralized infrastructure is an alternative to centralized cloud storage and can solve many problems found in a centralized system.
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
gn. hope you see in a dream 13400$ in ETH price
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
A warm Farcaster welcome to @tommiversetti!
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
good book
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
https://docs.chain.link/getting-started/conceptual-overview i recommend that to read
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Nikita Vergunov pfp
Nikita Vergunov
@vergunov
More money: what is Ethereum and how blockchain is changing the world. Good book about blockchain #blockchain #ethereum
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