yongjianlin40 pfp
yongjianlin40
@yongjianlin40
The economy is developing in a positive direction. The Federal Reserve's current GDP forecast is that it is rising, but GDPNow's conclusion is completely opposite. The GDP data in April can reveal the GDP situation in the first quarter.
0 reply
0 recast
0 reaction
yongjianlin40 pfp
yongjianlin40
@yongjianlin40
The core technology of intia can be simply understood as the following points 1️⃣ Modular architecture General public chains bring all functions together, while Initia splits the functions into consensus layer, execution layer, data layer, and settlement layer. After the split, each part can be upgraded independently, improve TPS, and make the transaction gas lower. 2️⃣ Rollup framework Initia uses Rollup technology, which is equivalent to adding a plug-in to the main chain, executing most of the calculations outside the chain, and then packaging and uploading them to the main chain, which effectively improves the speed. Just like if you want to handle a bank business, you don’t need to go to the head office every time, you only need to go to their branch, and then the branch will submit the business to the head office.
0 reply
0 recast
0 reaction
yongjianlin40 pfp
yongjianlin40
@yongjianlin40
3️⃣ Cosmos IBC interoperability Initia has a built-in IBC protocol, which allows assets, data and information to be easily transferred between different blockchains. IBC is a cross-chain communication protocol, which can be understood as a transfer system between different banks. 4️⃣Virtual Machine Layer (VM Layer) Initia supports multiple virtual machines, including EVM and CosmWasm, allowing developers to easily migrate projects from other chains. This flexibility can attract more developers and project parties.
0 reply
0 recast
0 reaction