#*htlc

[apricote]

bun in the oven 🍞🍞🍞

beginning ☆ previous ☆ next

transcript under the cut:

first picture: *furiously stress cleans at 1am*

second picture: *furiously stress bakes at 2am*

third picture: *furiously stress eats chocolate at 3am*

fourth picture: *furiously browses parenting forums at 4am*

fifth picture: Later in the Morning...

sixth picture: Holland: "oh god this is actually real"

[oramoony]

I drew the twins again and made it into cover art for the novel hehe

[christophbergmann]

34 Millionen Dollar für Atomic Swaps

34 Millionen Dollar für Atomic Swaps Portal, eine Plattform für Atomic Swaps, erhält eine Investition von 34 Millionen Dollar. Dies zeigt einen möglichen Trend im Markt - und warum es sich manchmal lohnt, ein Produkt immer komplizierter zu machen.

Portal, eine Plattform für Atomic Swaps, erhält eine Investition von 34 Millionen Dollar. Dies zeigt einen möglichen Trend im Markt – und warum es sich manchmal lohnt, ein Produkt immer komplizierter zu machen. Continue reading 34 Millionen Dollar für Atomic Swaps

[obanicrypto]

STON.fi: The Future of Decentralized Trading on TON Blockchain

In a world where control over your finances is more important than ever, STON.fi steps up as the leading decentralized exchange (DEX) on The Open Network (TON) blockchain. It’s not just about trading; it’s about empowering you to take full control of your digital assets. Let’s break it down into simple, relatable terms.

What Makes STON.fi Special

Have you ever traded crypto and worried about losing access to your funds? Or felt frustrated by slow, costly transactions? STON.fi solves these problems by letting you trade directly without intermediaries. You control your private keys, ensuring your funds are always safe.

With advanced tech like Request for Quote (RFQ) protocols and Hashed Timelock Contracts (HTLC), STON.fi guarantees quick, transparent, and secure transactions. You’re either getting exactly what you agreed on, or the trade doesn’t happen. No middlemen, no surprises.

Trade Made Simple: Swapping TON-Based Tokens

Imagine swapping one crypto for another without the hassle of converting to fiat first. That’s what STON.fi offers. You can trade $TON for other TON-based tokens with ease, all while enjoying low fees (just 0.3% per trade).

Here’s the kicker: when you trade, part of the fee goes back to liquidity providers, meaning the community benefits as a whole.

Earning Opportunities on STON.fi

Who doesn’t love making their money work for them? STON.fi offers several ways to earn:

1. Provide Liquidity: By adding your tokens to liquidity pools, you earn rewards based on your contribution.

2. Farming: Stake LP tokens to get even more rewards from specific pools.

3. STONbassador Program: Promote STON.fi and earn for helping the platform grow.

Meet the $STON Token

Think of $STON as the backbone of the STON.fi ecosystem. It’s used for governance, gas fees, and transactions. Plus, it has a limited supply of 100 million, making it a valuable asset over time.

STON.fi takes community seriously. That’s why half of all $STON tokens are reserved for the DAO (Decentralized Autonomous Organization). This means you get a say in how the platform evolves, from deciding new features to choosing supported assets.

For Builders: The STON.fi SDK & Grants

Are you a developer? STON.fi has something for you too. Their SDK (Software Development Kit) makes it easy to integrate wallets, exchanges, and games into the platform. And if you have a great idea, the STON.fi grant program can fund you with up to $10,000 USDT.

The Future: STON.fi V2

STON.fi isn’t just about today; it’s building for tomorrow. Here’s what’s coming:

Multi-Chain Integration: Trade across networks like Polygon and EVM-compatible chains.

Telegram Bot for Cross-Chain Swaps: Trade assets directly from your Telegram app.

Margin Trading: Use borrowed funds to amplify your trades.

STON.fi is committed to staying ahead of the curve, making it the go-to platform for traders, developers, and crypto enthusiasts alike.

Why STON.fi

STON.fi isn’t just a DEX; it’s a complete ecosystem designed to make trading simple, secure, and rewarding. Whether you’re looking to trade, earn, or build, STON.fi has the tools and opportunities you need to thrive in the decentralized world.

Ready to take control of your crypto journey? Explore STON.fi today and see the difference.

#Crypto #DeFi #STONfi #TONBlockchain

[postsofbabel]

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[ekremdum-blog]

Trustless Global Payments with Hashed Time-Lock Contracts

In the bustling world of e-commerce, imagine a small artisanal coffee shop in Barcelona struggling to manage cross-border payments with suppliers in Ethiopia. Every transaction feels like a gamble—ifs the payment arrives late, the supplier might hold the beans hostage; if it’s too early, the shop risks losing funds to fraud. Enter Hashed Time-Lock Contracts (HTLCs), a blockchain innovation that…

[jenniferphilop0420]

Why Cross-Chain Trading is the Future of Cryptocurrency Exchange Development

Cryptocurrency trading has evolved significantly over the past decade, but one of the biggest challenges traders face is interoperability between different blockchain networks. Cross-chain trading is emerging as a game-changing solution, allowing seamless transactions between different blockchain ecosystems. This innovation enhances liquidity, security, and user experience, making it a critical development in the future of cryptocurrency exchanges.

In this article, we will explore:

The concept of cross-chain trading

The challenges of traditional cryptocurrency exchanges

How cross-chain trading works

The benefits and future implications

Leading projects in cross-chain trading development

Understanding Cross-Chain Trading

Cross-chain trading refers to the ability to trade digital assets across different blockchain networks without the need for a centralized intermediary. This concept enables users to conduct direct transactions between separate chains, facilitating a more decentralized and efficient trading experience.

How Traditional Exchanges Operate

Traditional cryptocurrency exchanges operate in two primary ways:

Centralized Exchanges (CEXs): Platforms like Binance and Coinbase require users to deposit funds into a central system where the exchange manages transactions.

Decentralized Exchanges (DEXs): Platforms like Uniswap and PancakeSwap operate on single blockchains (e.g., Ethereum or Binance Smart Chain), restricting users to assets native to those chains.

Both models have limitations in terms of interoperability and trust.

Challenges in Traditional Cryptocurrency Exchanges

Despite their widespread adoption, traditional exchanges face several limitations:

1. Lack of Interoperability

Most blockchain networks operate in isolation. Ethereum, Bitcoin, and Binance Smart Chain function independently, making direct asset transfers between them impossible without third-party intermediaries.

2. High Transaction Fees

Exchanging assets between different blockchains often involves multiple steps, requiring users to pay additional transaction fees for bridging services or wrapping assets.

3. Security Risks

Centralized exchanges hold custody of user funds, making them vulnerable to hacking, fraud, and mismanagement.

4. Slow Transaction Processing

Moving assets across blockchains can take time due to congestion and the requirement of additional confirmation steps, reducing trading efficiency.

How Cross-Chain Trading Works

Cross-chain trading enables seamless asset transfers between different blockchains using the following technologies:

1. Atomic Swaps

Atomic swaps are smart contracts that enable direct peer-to-peer transactions across blockchains without a middleman. These swaps use hash time-locked contracts (HTLCs) to ensure both parties receive their assets simultaneously or the transaction is canceled.

2. Cross-Chain Bridges

Cross-chain bridges are protocols that facilitate asset transfers between different blockchains. Examples include Binance Bridge and Wormhole, which wrap tokens to make them compatible with multiple ecosystems.

3. Interoperability Protocols

Projects like Polkadot and Cosmos focus on blockchain interoperability by creating networks that connect independent blockchains, allowing them to communicate and transfer assets seamlessly.

Benefits of Cross-Chain Trading

Cross-chain trading provides multiple advantages that make it a revolutionary development in cryptocurrency exchanges.

1. Increased Liquidity

By enabling asset transfers across different blockchains, cross-chain trading increases the liquidity available for traders, reducing price volatility and improving market efficiency.

2. Enhanced Security

Decentralized cross-chain transactions eliminate the need for custodial intermediaries, reducing the risks of hacks and fraud.

3. Lower Transaction Fees

With cross-chain solutions, traders avoid excessive fees associated with intermediaries and multiple transaction steps.

4. Improved User Experience

Traders can access a wider range of assets without the complexity of using multiple exchanges or bridges, streamlining the trading process.

5. Greater Decentralization

By removing reliance on centralized exchanges, cross-chain trading enhances the decentralized nature of blockchain technology, aligning with the core principles of cryptocurrencies.

Leading Cross-Chain Trading Projects

Several blockchain projects are at the forefront of cross-chain trading innovation:

1. Polkadot (DOT)

Polkadot is a multi-chain network that allows different blockchains to interoperate and share information securely.

2. Cosmos (ATOM)

Cosmos enables blockchain interoperability through its Inter-Blockchain Communication (IBC) protocol, facilitating seamless cross-chain transactions.

3. Thorchain (RUNE)

Thorchain is a decentralized liquidity protocol that allows native asset swaps across different blockchains without wrapped tokens.

4. Chainlink (LINK)

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) aims to provide secure and reliable communication between blockchains for asset transfers.

5. Anyswap (MULTI)

Anyswap offers cross-chain swaps through its decentralized network, enabling asset movements across various chains without intermediaries.

The Future of Cross-Chain Trading in Crypto Exchanges

The future of cryptocurrency exchange development is being shaped by cross-chain trading advancements. Here are some key trends and expectations:

1. Mass Adoption of Interoperability Solutions

More exchanges and DeFi platforms will integrate cross-chain technology to offer seamless asset transfers across different blockchains.

2. Evolution of Smart Contract Technology

Advanced smart contract solutions will improve cross-chain security and efficiency, reducing risks associated with asset swaps.

3. Regulatory Developments

Governments and regulatory bodies will develop frameworks to govern cross-chain transactions, ensuring compliance and security.

4. Enhanced Decentralized Finance (DeFi) Capabilities

Cross-chain trading will unlock new possibilities in DeFi, allowing users to participate in lending, staking, and yield farming across multiple blockchains.

5. Greater Institutional Adoption

As security and efficiency improve, institutional investors will increasingly leverage cross-chain solutions for diversified crypto trading and investments.

Challenges and Considerations for Cross-Chain Trading

Despite its advantages, cross-chain trading faces some challenges:

1. Security Vulnerabilities

Smart contracts and bridges have been targets for hacking attacks, leading to significant financial losses in some cases. Strengthening security measures is crucial.

2. Complexity in Implementation

Developing seamless interoperability between diverse blockchain networks requires sophisticated coding, which can pose a technical barrier.

3. Scalability Issues

With increasing transaction volumes, cross-chain protocols need to ensure they can handle large-scale asset transfers without congestion.

Conclusion

Cross-chain trading is set to revolutionize cryptocurrency exchange development by addressing key challenges like interoperability, security, and liquidity. As blockchain technology continues to evolve, seamless asset transfers between different networks will become the norm, driving innovation in both centralized and decentralized exchanges.

With leading projects like Polkadot, Cosmos, and Thorchain spearheading interoperability efforts, the future of cross-chain trading looks promising. Whether you're a trader, investor, or developer, staying ahead of these developments will be crucial in navigating the evolving crypto landscape.

[pastorjwilson]

HTLC Response to Statements Made about Lutheran Social Service Agencies on Feb 1, 2025

February 4, 2025 Dear Friends in Christ, These are unusual times. While it is not my practice or the policy of Holy Trinity to engage in partisan politics, what we have witnessed in the media and seen carried out in practice is outside the realm of normal politics. We acknowledge that people at Holy Trinity have differing good-faith views on our current political climate; nevertheless, our…

[nadcablabs9616]

Interconnecting Ledger Systems - The Power of Cross-Chain Bridges

5 Key Takeaways in Simple Terms:

Linking Blockchains: Connects different digital worlds.

Easy Asset Swapping: Move your digital stuff between places effortlessly.

Blockchain Teamwork: Groups work together for shared goals.

Mixing Tech Skills: Combine talents for new ideas.

Friendly Tech Space: Make technology accessible and welcoming for everyone.

Lead

As Distributed Ledger technology has developed, so too has the significance of smooth interoperability across many platforms grown. Cross-Chain Bridges and Interoperability Protocols, which function as bridges between various systems, satisfy this need. With the help of interchain bridges, users can access a range of services and connect various systems by facilitating the easy transfer of tokens and information between blockchains. On the other hand, more complex decentralized apps (dApps) can be developed thanks to interoperability standards, which set the guidelines for dependable and secure interactions across multiple systems.

These innovations provide significant advantages to consumers, such as enhanced liquidity and increased adaptability. However, they also come with disadvantages, like vulnerabilities in security and the challenge of achieving uniformity across numerous Blockchain Platforms. Developing strong protocols for interoperability and bridges between different chains will be crucial as the blockchain sector expands. The forthcoming phase of expansion in the decentralized realm will be powered by these developments and fresh prospects.

What are cross-chain bridges and how do they connect blockchains?

Cross-chain bridges, which enable communication between several blockchain networks, are essential parts of the blockchain ecosystem. By acting as connectors between several blockchains, these bridges ease the flow of resources and data.Here’s how It operates:-

Token Locking: Consider the scenario where you wish to use tokens that are on Blockchain A on Blockchain B. These tokens are locked in a safe smart contract on Blockchain A to start the transfer.

Confirmation Process: The bridge verifies the transaction to avert any possible problems and makes sure your tokens are securely locked on Blockchain A.

Token Representation: On Blockchain B, an equal number of tokens are created following confirmation. You can now utilize these new tokens on Blockchain B, as they now represent the ones you locked on Blockchain A.

Bi-Directional Flow (Optional): Tokens can travel back and forth between the linked blockchains thanks to certain bridges, which gives consumers greater usage and flexibility.

Decentralized Verification: Cross-chain bridges frequently use decentralized verification techniques, such oracles, to verify transactions and provide transparency all along the way, all while preserving trust and security.

In order to facilitate the efficient and rapid flow of data and assets between decentralized ecosystems, cross-chain bridges guarantee interoperability between different blockchain networks.

How do interoperability protocols facilitate Distributed Ledger technology connectivity?

Protocols for interoperability are essential to creating a smooth connection between various blockchain networks. They act as the vital link that connects various networks, facilitating effective interaction and communication.

uniformity of data formats and communication protocols.

cross-chain transaction optimization.

Consensus strategies are put into practice for communication that lacks trust.

Using middleware or bridge entities to provide easy interoperability.

What security measures ensure the credibility of cross-chain transactions?

Hash Time-Locked Contracts (HTLCs) allow for direct peer-to-peer cryptocurrency transactions between multiple blockchains without the need for middlemen, guaranteeing that the transaction is completed by both parties or none at all.

Enable precise cross-chain state verification by enabling one blockchain to verify the state of another blockchain using complete relay nodes or Simplified Payment Verification (SPV) proofs.

Establish a sidechain that is linked to the primary blockchain in order to facilitate asset transfers that are protected by a two-way peg system that upholds a 1:1 asset backing.

Transferring assets between chains should be managed and secured by a group of reliable parties, and transactions should only be approved by numerous federation members’ signatures.

Strong consensus mechanisms enable standardized, safe communication between blockchains using frameworks like Polkadot’s relay chain model and Cosmos’s Inter-Blockchain Communication (IBC) protocol.

Smart contracts used in inter-chain transactions should undergo thorough audits by reputable companies to ensure the security and functionality of the code, identify any bugs, and correct them.

By combining data from several sources, decentralized oracles can be used to deliver accurate and impenetrable off-chain data to smart contracts, facilitating cross-chain transactions.

Since many private keys are required to approve a transaction, there is less chance of theft or fraud because no one individual can control the transaction.

Here are some examples of cross-chain bridge implementations?

Wrapped Bitcoin (WBTC)

What it does: By transforming Bitcoin into an Ethereum-compatible token, WBTC enables you to use Bitcoin within the Ethereum environment.

How it works: A custodian receives your Bitcoin and uses it to create an equivalent quantity of WBTC on Ethereum. It is comparable to exchanging cash for traveler’s checks that are accepted abroad.

2. Polygon Bridge

What it does: This bridge makes it easier to move assets between Ethereum and Polygon, enabling quicker and less expensive transactions.

How it works:On Ethereum, tokens are locked, while on Polygon, corresponding tokens are created. It is comparable to transferring money from a high-interest savings account to your primary bank account.

3. Binance Bridge

What it does:Asset transfers between Ethereum and Binance Smart Chain (BSC) are made possible via Binance Bridge.

How it works: You can use tokens on another blockchain since they are wrapped. Consider it as utilizing an adapter to enable your gadget to work with a different type of outlet.

4. Thorchain

What it does: Thorchain eliminates the requirement for wrapped tokens by enabling direct exchanges across various blockchains.

How it works:It functions similarly to a currency exchange counter at an airport, allowing you to exchange currencies right away.

5. RenVM

What it does: RenVM makes it easier to move assets like Zcash and Bitcoin to Ethereum.

How it works:Equivalent tokens are minted on Ethereum, while the original assets are secured in a vault. It’s similar to getting a certificate to trade and keeping your gold in a safe vault.

6. Polkadot Bridge

What it does: Polkadot and other Distributed Ledger technology, such as Ethereum and Bitcoin, are connected using Polkadot bridges.

How it works: secures the movement of data and tokens using a messaging system. It functions similarly to safely emailing crucial papers to a different network.

7. Cosmos IBC (Inter-Blockchain Communication)

What it does: Several blockchains can easily exchange tokens and connect with one another because to Cosmos IBC.

How it works: It’s similar to having many messaging apps that, independent of the app, can now communicate with one another.

8. Celer cBridge

What it does: The quick and affordable method of transferring tokens between different blockchains is provided by Celer cBridge.

How it works: Utilizes the use of a fast network to provide efficient and timely token transfers. It’s similar to traveling to your destination by bullet train as opposed to standard train.

How do interoperability protocols address scalability issues in blockchain networks?

Eliminating scalability problems in blockchain networks requires interoperability protocols. They make it possible for many blockchains to interact and exchange data, which helps to divide up the labor, increase throughput, and boost these systems’ general effectiveness. Interoperability protocols ease the scalability issues that frequently strike single blockchain networks by enabling blockchains to cooperate, exchange resources, and utilize network capacity more effectively.

Key ways:-

One way to balance the load and lessen stress on any one network is to shift transactions from busy blockchains to less crowded ones.

The transaction throughput of these protocols is increased by using state channels and sidechains, which execute transactions off-chain before settling them on the main chain.

Transactions between separate blockchains can be completed by users, which diversifies the burden and improves resource efficiency.

Resource Sharing: By pooling resources such as computing power and storage, linked blockchains are able to handle a greater volume of data and transactions.

Task distribution made possible by smart contracts working across different blockchains can expedite processing and eliminate bottlenecks.

What are the main risks associated with cross-chain bridges and interoperability protocols?

Security Exposure: Risks of bugs or weaknesses that could be exploited for theft or disruption.

Smart Contract Risks: Sensitivity in smart contracts used for transfers.

Centralization: Potential central points of failure undermining decentralization.

Liquidity Risks: Issues if there’s low demand for asset transfers.

Protocol Risks: Weaknesses in the interoperability protocols themselves.

Regulatory Risks: Compliance challenges across different jurisdictions.

Chain Reorganization: Potential impact of blockchain forks or reorganizations.

User Error: Mistakes in usage leading to fund loss.

How might cross-chain bridges and interoperability protocols evolve in the future?

Improve defenses against cyberattacks by strengthening defenses, carrying out frequent audits, and putting revolutionary encryption methods in place to protect assets and transactions.

Enhance non-technical users’ navigation and utilization of cross-chain bridges and interoperability protocols by streamlining interface designs, giving clear instructions, and adding intuitive features.

Preserve the decentralized character of blockchain technology by reducing dependence on central hubs or points of control, guaranteeing that governance frameworks and decision-making procedures continue to be shared among network users.

In order to handle the growing demand for cross-chain transactions, address scalability issues by improving network efficiency, optimizing transaction throughput, and investigating creative scaling methods like sharding, sidechains, or layer 2 protocols.

Enable the transfer of a wide range of digital assets outside of cryptocurrencies, such as non-fungible tokens (NFTs), digital securities, real assets, and even data, to increase the use and adaptability of cross-chain bridges and interoperability protocols.

Establish connections between blockchain and traditional systems to provide better technology synergy and integration. Interoperability with legacy banking infrastructure, supply chain networks, identity management systems, and other industries will be made possible by this.

Incorporate technologies that enhance privacy, such as secure multi-party computation or zero-knowledge proofs, to maintain confidentiality and boost confidence in cross-chain transactions. Put user privacy and data protection first while making sure all applicable laws and regulatory frameworks are followed.

How does Nadcab Labs utilize Inter-chain Bridges and Interoperability Protocols to connect blockchains?

Nadcab Labs creates effortless interactions between different blockchains by utilizing interoperability standards and Cross-Chain Bridges. They facilitate the seamless exchange of assets and data between various blockchain networks by utilizing these mechanisms. Nadcab Labs prioritizes risk mitigation strategies to guarantee the security and dependability of these connections, whether through in-house development of solutions or integration of pre-existing ones. Their dedication to interoperability creates a world of opportunities for their blockchain applications, encouraging creativity and increasing the use of Blockchain Technology in a variety of ecosystems.

Conclusion

Cross-chain bridges and interoperability protocols serve as bridges between various blockchains in the framework of decentralized networks. They function as freeways for value and information between various chains, much like digital highways. By making this smooth connection possible, they create countless chances for invention and cooperation, advancing the possibility of a time when Distributed Ledger technology functions as a single, cohesive system.

Author Profile:

Nadcab Labs — A Leading Blockchain developer with over 8+ years of experience in, Custom Blockchain Development, Smart Contract Development, Crypto Exchange Development, Token Creation, and Many More Services.

Twitter — twitter.com/nadcablabs

LinkedIn — linkedin.com/company/nadcablabs

Facebook — facebook.com/nadcablabs

Instagram — instagram.com/nadcablabs

Spotify — spotify.com/nadcablabs

YouTube —  www.youtube.com/@nadcablabs

[blogchaindeveloper]

Cross-Chain Technologies: Enabling Interoperability in Blockchain

Due to blockchain technology's quick development, many industries are seeing a decentralized transformation. Each serves a particular set of use cases; many blockchains have increased due to blockchain's promise of transparency, security, and decentralization. Nevertheless, the presence of several blockchains has led to a fragmented environment that could be more cohesive, making it more difficult for different networks to cooperate and communicate with one another.

Cross-chain technology development has been made possible by the difficulty of interoperability among several blockchains. These ground-breaking technologies hope to facilitate data sharing, asset transfers, and smooth communication between previously isolated platforms by bridging the divide between several blockchain networks. 

The capacity of various blockchain networks to interact and communicate with one another is referred to as blockchain interoperability. Interoperability depends on the general acceptance and scalability of blockchain technology. 

Obstacles in the Way of Interoperability 

Several issues impede the smooth interoperability of blockchains. There are many obstacles because different networks have different consensus processes, programming languages, and security standards. Furthermore, latency, scalability problems, and other governance structures make attaining interoperability more difficult. Sophisticated technological solutions that can bridge these inherent gaps and provide security and decentralization are needed to overcome these difficulties. 

Cross-Chain Technologies Types 

Bridges in blockchain: 

Blockchain bridges serve as liaisons between different blockchain networks to enable communication. To facilitate the transmission of assets or data between chains, these bridges use various techniques, including relay protocols, smart contracts, and oracles. They provide safe links that allow for interoperability without jeopardizing the security and independence of the blockchains involved. 

Atomic Swaps

Without intermediaries, users can exchange cryptocurrency directly between multiple blockchains using atomic swaps. With smart contracts, this technology eliminates the possibility of a transactional default by guaranteeing that asset transfers happen simultaneously or not at all. Atomic swaps encourage decentralization by disregarding the need for centralized exchanges when exchanging assets. 

Sidechains

Using two-way pegging, distinct blockchains are linked to a mainchain via sidechains. They enable the carrying out of particular operations or transactions without clogging the main chain. Sidechains enable secure asset movement back and forth between chains while offloading some of the mainchain's responsibilities. This allows for increased scalability and flexibility. 

Protocols for interoperability: 

Interoperability protocols are standardized frameworks or protocols intended to facilitate communication across various blockchain networks. Protocols like Polkadot, Cosmos, and Aion use relay chains, hubs, or zones to link blockchains, enabling secure and decentralized asset interoperability and smooth data flow. 

Technological Processes Driving Cross-Chain Technologies 

Hash Time Locked Contracts (HTLCs): The technological foundation of cross-chain interoperability is provided by HTLCs. As smart contracts, HTLCs enable trustless transactions between many blockchains. Time-locked transactions that are enforced by cryptographic hash functions are at the core of HTLCs. 

In summary, HTLCs use hashed time lock puzzles to facilitate safe transactions. 

Using multi-signature wallets is another essential component of cross-chain technology. These wallets use a technique that needs several signatures from different parties to approve a transaction. This system reduces the possibility of single-point vulnerabilities while promoting improved security.

Wrapped Tokens

By representing assets in various ecosystems, wrapped tokens help make blockchains more interoperable. Online blockchain courses educate students on seamlessly integrating diverse blockchains through wrapped tokens. By mirroring asset prices across blockchains, these tokens facilitate cross-chain functioning. 

Cross-Chain Technologies' advantages and effects 

Increased Accessibility and Liquidity: 

Cross-chain technologies, which permit assets to transfer freely between several blockchains, make increased liquidity possible. Because of their improved accessibility, the ecosystem becomes more dynamic and integrated, lowering fragmentation and boosting total market efficiency.

Scalability and Performance

Blockchain networks can reduce congestion on their leading chains by utilizing cross-chain solutions such as sidechains and interoperability protocols. One of the major drawbacks of many blockchains is that this scalability improvement results in increased transaction throughput and faster processing times. 

Various Use Cases and Cooperation

Because it allows multiple blockchains to cooperate, interoperability promotes creativity and teamwork. It opens the door to cutting-edge use cases that capitalize on the advantages of several networks, encouraging a more varied and cooperative blockchain environment. 

obstacles and prospects for the future 

Even with the encouraging progress in cross-chain technologies, several obstacles still exist. Security is still the key concern since integrating blockchains creates new attack avenues and possible flaws. The Blockchain Council's accreditation helps allay these worries by encouraging consistent procedures in blockchain development. With further research and development aimed at improving interoperability, the future of cross-chain technologies seems bright. Recent developments in sharding, zero-knowledge proofs, and sophisticated cryptography can further overcome existing constraints and enhance cross-chain functions. 

In summary, 

A vital first step toward developing a blockchain ecosystem that is more linked and effective is the use of cross-chain technologies. These creative fixes are essential to breaking down interoperability obstacles, encouraging cooperation, and opening new avenues for decentralized financial systems and applications. The future landscape of the blockchain space will be significantly influenced by the smooth integration of many networks via cross-chain technologies.

Enrolling in an online blockchain course can offer complete training and education for blockchain developers who wish to expand their knowledge and proficiency in the field. Some of the most significant blockchain courses are available through platforms like Blockchain Council, which equips people with the information and abilities needed for blockchain development. With their practical insights into cross-chain technology, their certification programs help learners become more proficient in the dynamic field of blockchain.

[apricote]

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transcript under the cut:

first picture: Sudor (location)

second picture: Desire +5: It's Getting Hot in Here (From Having a Crush on Drake): Holland can't stop thinking about her last night with Drake. Maybe running a few hours on a treadmill will help her release some of the... tension.

fourth picture: Happy +1: Chilled Out (From Consuming Something Cold): Holland feels incredibly cooled and refreshed after that icy snack.

fifth picture: Happy +1: Luxious Lounging (From Relaxing in a Lounge Chair): On the lounge chair is where Holland spent all of her days. Chilling out, maxing, relaxing all cool. Ready to catch some z's down by the Pool.

[spookysaladchaos]

Magnesium Aluminum Hydrotalcite, Global Market Size Forecast, Top 12 Players Rank and Market Share

Magnesium Aluminum Hydrotalcite Market Summary

Magnesium Aluminum Hydrotalcite, also known as hydrotalcite-like compounds (HTlcs), is a layered double hydroxide (LDH) with the chemical formula Mg1-xAlx(OH)2x/n·mH2O. It is a synthetic material that exhibits excellent properties and has various applications.

According to the new market research report “Global Magnesium Aluminum Hydrotalcite Market Report 2023-2029”, published by QYResearch, the global Magnesium Aluminum Hydrotalcite market size is projected to reach USD 0.35 billion by 2029, at a CAGR of 5.4% during the forecast period.

Figure.   Global Magnesium Aluminum Hydrotalcite Market Size (US$ Million), 2022VS2029

Above data is based on report from QYResearch: Global Magnesium Aluminum Hydrotalcite Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

Figure.   Global Magnesium Aluminum Hydrotalcite Top 12 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Above data is based on report from QYResearch: Global Magnesium Aluminum Hydrotalcite Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Magnesium Aluminum Hydrotalcite include Kisuma Chemicals (Kyowa Chemical Industry), Clariant, BASF, Doobon, Sakai Chemical Industry, Sinwon Chemical, Sasol Germany, GCH Technology, BELIKE Chemical, SAEKYUNG (Hengshui) New Materials, etc. In 2022, the global top five players had a share approximately 61.0% in terms of revenue.

Market Drivers:

With the increasing awareness of environmental protection and health among people, the demand for magnesium aluminum hydrotalcite in some application fields is constantly increasing. For example, in the food and pharmaceutical industries, magnesium aluminum hydrotalcite is used as a stabilizer and drug carrier, and the development of these industries can drive the growth of the magnesium aluminum hydrotalcite market. Magnesium aluminum hydrotalcite has a wide range of applications in the chemical industry, such as as as catalysts, adsorbents, separators, etc. These applications also have a certain promoting effect on the demand of the magnesium aluminum hydrotalcite market. With the increasing global emphasis on fire safety, the demand for flame retardant materials is also increasing. As a good flame retardant, magnesium aluminum hydrotalcite is also widely used in flame retardant materials, which has played a positive role in the growth of the magnesium aluminum hydrotalcite market. With the continuous development of new technologies, such as nanotechnology and material science, people have explored and studied the application fields of magnesium aluminum hydrotalcite more widely. These new technologies and applications also provide impetus for the future growth potential of the magnesium aluminum hydrotalcite market.

Restraint:

The manufacturing of magnesium aluminum hydrotalcite requires a large amount of raw materials, such as magnesium oxide, aluminum hydroxide, etc. The price fluctuations of these raw materials may affect the production cost and market price of magnesium aluminum hydrotalcite, thereby affecting market demand and supply conditions.

About The Authors

Yunmei Sun---Lead Author

Email: sunyunmei@qyresearch.com

Sun Yunmei has 2 years of industry research experience, focusing on research in the chemical industry chain related fields, including medical grade reagents, high-purity reagents for semiconductors, and chemical laboratory equipment.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[christophbergmann]

Ein neuer Angriff auf Lightning ersetzt unbestätigte Transaktionen und schadet Routing-Nodes

Ein neuer Angriff auf Lightning ersetzt unbestätigte Transaktionen und schadet Routing-Nodes Es gibt wieder einen Lightning-Bug. Der Angriff ist, je nach Experte, harmlos bis schwer, und die Schutzmaßnahmen, die alle Lightning-Clients ergriffen haben, nutzlos bis durchgreifend. Die Fachleute sind sich also noch uneins -- doch interessant ist der Angriff allemal.

Es gibt wieder einen Lightning-Bug. Der Angriff ist, je nach Experte, harmlos bis schwer, und die Schutzmaßnahmen, die alle Lightning-Clients ergriffen haben, nutzlos bis durchgreifend. Die Fachleute sind sich also noch uneins — doch interessant ist der Angriff allemal. Continue reading Untitled

[otx-academy]

ATOMIC SWAP

Atomic swaps leverage intelligent contract technology to enable the trading of various cryptocurrencies without the necessity of a centralized marketplace or intermediaries. Also referred to as atomic cross-chain trading, this method facilitates the direct exchange of different cryptocurrencies, even across separate blockchain networks.

The concept of atomic swaps was initially proposed in 2013 by Tier Nolan, who introduced it as a novel method enabling individuals to exchange cryptocurrencies from their wallets directly. Although Nolan is often credited with developing atomic swaps, the concept of cross-chain peer-to-peer trading was already under discussion. In 2012, Daniel Larimer developed the P2PTradeX protocol, considered by many to be the foundational concept for atomic swap technology.

The primary advantage of atomic swaps lies in their security, as they do not require users to reveal their private keys at any stage. Additionally, eliminating centralized exchanges significantly reduces costs, including those typically associated with deposits, withdrawals, and trading fees.

Atomic swaps are also designed to be fraud-resistant. This is achieved technically through Hash Timelock Contracts (HTLC) and hash functions. HTLCs ensure that the transaction is either fully completed or not executed. These smart contracts are tied to deadlines, compelling participants to settle or cancel the swap within a specific timeframe. A trade is finalized only when both parties validate it using cryptographic hash functions.

Consider an example where Alice wishes to exchange her 5 Bitcoins for BNBs, and Bob is willing to trade his BNBs for Bitcoins. Using atomic swap technology, they can conduct a peer-to-peer transaction without a third-party intermediary. This means two distinct blockchain cryptocurrencies can be exchanged seamlessly and securely.

[metamoonshots]

Famend blockchain developer Antoine Riard has issued an pressing plea for updates to Bitcoin’s supply code. Antoine Riard’s analysis paper delves into the important vulnerabilities inside the Lightning Community, shedding gentle on a selected class of transaction-relay jamming assaults often called “substitute biking.” Substitute Biking Assaults on the Lightning Community The Lightning Community was created to resolve Bitcoin’s scalability issues. Nevertheless, Riard’s paper describes a brand new kind of assault referred to as substitute biking, which might successfully steal funds from Lightning channels. Not like different identified assaults, substitute biking doesn’t want intensive computational energy or interference on the community degree. In line with Riard’s analysis, it's attainable to fully take management of the channel capability of Lightning routing hops in particular conditions. An attacker can intervene with the transaction relay on the base-layer Bitcoin community, manipulating the fee-bumping mechanism to purposely delay or forestall the affirmation of different transactions. Such a attack is especially regarding as a result of it may be executed no matter community congestion. The vulnerability has critical implications for the broader Bitcoin ecosystem, which boasts at the very least 50,000 nodes working the BTC protocol as of October 2023. This flaw might undermine belief in second-layer options just like the Lightning Community, which is essential for Bitcoin’s scalability and adoption. Proposed Options and Future Steps Riard’s paper outlines a collection of mitigations at each the Lightning Community and Bitcoin base-layer ranges. These embody native mempool monitoring, aggressive rebroadcasting methods, and transaction-relay and mempool rule modifications. Nevertheless, the blockchain developer states that the prevailing mitigations applied by main Lightning implementations are inadequate in opposition to superior adversaries. Riard requires elementary modifications in Bitcoin’s supply code to forestall such vulnerabilities. “This isn’t about patchwork fixes anymore. We'd like foundational modifications within the Bitcoin supply code to safe the Lightning Community successfully,” he said. “It’s a name to motion for all of us within the blockchain group to rethink and re-engineer how Bitcoin and Lightning Community work together,” Riard concluded. The examine additionally introduces a novel transaction-relay jamming assault class that impacts current and upcoming protocol variations. Uniquely, these sensible assaults allow the unauthorized extraction of cash from Lightning channels with out community mempool congestion, simplifying the circumstances required for a complicated Lightning assault. The assaults can goal all funds as much as the permitted in-flight HTLC worth. A modified type of this assault might additionally compromise future peer-to-peer extension bundle relays. SPECIAL OFFER (Sponsored) Binance Free $100 (Unique): Use this link to register and obtain $100 free and 10% off charges on Binance Futures first month (terms).PrimeXBT Particular Supply: Use this link to register & enter CRYPTOPOTATO50 code to obtain as much as $7,000 in your deposits.

[carretcrypto]

What is an Atomic Swap, and How Do They Work?

Imagine being able to trade BTC, ETH, BNB, and other cryptocurrencies across multiple blockchains on a peer-to-peer (P2P) exchange without the need for middlemen. This is already possible with atomic swaps.

In the constantly changing world of cryptocurrency and blockchain technology, new ideas keep coming up. One such advancement that has captured the attention of enthusiasts and investors alike is the concept of atomic swaps.

These swaps offer a secure and efficient way to exchange cryptocurrencies across different blockchain networks without the need for intermediaries.

In this article, we’ll get into the details of atomic swaps, looking at how they work, what benefits they offer, and how they can be used in the real world.

What is Atomic Swap?

An atomic swap refers to the peer-to-peer exchange of different cryptocurrencies, facilitated by smart contracts and cryptographic protocols. Unlike traditional exchanges that involve third-party intermediaries, atomic swaps allow direct transactions between two parties.

These swaps are called “atomic” because they occur instantly and irreversibly, ensuring that both parties either complete the swap or no exchange takes place at all.

It was when research in this area of atomic swap exchange took a step forward. In July 2012, a developer named Sergio Demian Lerner came up with the first draft of a trustless exchange protocol. But most people think of Nolan as the person who came up with atomic swaps because, in May 2013, he wrote a full explanation of how atomic swaps work.

What are the Types of Atomic swaps?

While the concept of Atomic Swaps is captivating in itself, it’s essential to understand that there are various types of Atomic Swaps, each catering to specific use cases and blockchain protocols.

On-Chain Atomic Swaps:

On-chain Atomic Swaps are perhaps the most well-known type. These swaps occur directly on the blockchain and involve two parties exchanging different cryptocurrencies that are native to the same blockchain protocol.

For instance, swapping Bitcoin for Litecoin on the Bitcoin blockchain. On-chain swaps utilize hashed timelock contracts (HTLCs) to ensure that both parties fulfill their obligations within a specified timeframe.

Cross-Chain Atomic Swaps:

Cross-Chain Atomic Swaps is a remarkable innovation that allows users to exchange cryptocurrencies between entirely different blockchains. This type of swap involves different protocols, such as swapping Bitcoin for Ethereum or Litecoin for Monero.

Cross-chain swaps are facilitated through intricate smart contracts that ensure the transaction is executed only when both parties fulfill their requirements on their respective blockchains.

What are the Components of Atomic swap?

Hash Timelock Contracts (HTLCs):

HTLCs are a type of smart contract that ensures that a transaction can only be completed if certain conditions are met. In the case of an atomic swap, the conditions would be that both parties have deposited the agreed-upon amount of cryptocurrency into the contract.

Cryptographic hash functions:

Cryptographic hash functions are used to generate a unique identifier for a piece of data. In an atomic swap, the hash of the transaction information is used to create the HTLC.

Timelocks:

Timelocks are used to prevent a transaction from being completed if one of the parties does not meet the conditions. In an atomic swap, the timelock would be set to a period that is shorter than the block confirmation time for both blockchains involved in the swap.

How does Atomic Swap work?

This innovative process is facilitated by the utilization of smart contracts and cryptographic protocols, ensuring secure and efficient transactions.

Here’s a step-by-step breakdown of how an atomic swap works:

Initiation:

The process begins when one party expresses the intention to initiate an atomic swap. This party creates a hashed timelock contract (HTLC), which outlines the terms and conditions of the swap. The HTLC ensures that the transaction occurs within a specified time frame and provides a level of security for both parties.

Commitment:

The second part reviews the terms outlined in the HTLC. If they agree to the conditions, they provide their input, signalling their commitment to the swap. This commitment is essential for the swap to proceed.

Reveal and Verification:

At this stage, both parties reveal the preimage to the hashed value included in the contract. The preimage is a secret that corresponds to the hash in the contract. By revealing the preimage, both parties prove their commitment to the swap. The preimage is then verified against the hash to ensure accuracy and authenticity.

Claiming Funds:

With successful verification of the preimage, the atomic swap enters the claiming phase. The first party claims the cryptocurrency from the second party’s blockchain using the preimage. Simultaneously, the second party claims the cryptocurrency from the first party’s blockchain using the same preimage. This step ensures that both parties receive the agreed-upon amount of cryptocurrency.

Completion:

Once the claiming phase is complete, the atomic swap is considered successful. Both parties have successfully exchanged their cryptocurrencies without relying on centralized exchanges or intermediaries. The process is irreversible and finalized, showcasing the instantaneous and secure nature of atomic swaps.

What are some Advantages of Atomic Swaps?

These innovative swaps offer a myriad of advantages that address some of the key challenges associated with traditional methods of trading and exchanging cryptocurrencies.

Let’s dive into the advantages of Atomic Swaps and explore how they are transforming the landscape of digital asset trading:

Decentralization and Security:

One of the most significant advantages of Atomic Swaps is their promotion of decentralization and enhanced security. Unlike centralized exchanges, Atomic Swaps eliminates the need for intermediaries, reducing the risk of hacking, data breaches, and potential loss of funds. With Atomic Swaps, users maintain control of their private keys throughout the entire transaction process, mitigating the vulnerabilities often associated with third-party custody.

Trustless Transactions:

Atomic Swaps introduces the concept of trustlessness into the world of cryptocurrency transactions. Traditional exchanges require users to trust the platform with their assets and personal information. In contrast, Atomic Swaps are executed based on predetermined smart contracts and cryptographic principles. This ensures that transactions are only completed when both parties fulfill their obligations, eliminating the need for blind trust.

Cost Efficiency:

Exchanging cryptocurrencies on centralized platforms often involves transaction fees, withdrawal fees, and trading fees. Atomic Swaps, on the other hand, significantly reduce the cost associated with trading. Since there are no intermediaries involved, users save on fees that would otherwise be required to facilitate transactions through an exchange.

Privacy and Anonymity:

Atomic Swaps prioritizes user privacy by allowing transactions to occur without revealing sensitive information. Users don’t need to share their private keys or personal details with third parties. This enhances anonymity and minimizes the risk of identity theft or unauthorized access.

Interoperability:

The interoperability achieved through Atomic Swaps is a game-changer for the blockchain ecosystem. Different cryptocurrencies and blockchain networks can seamlessly interact and exchange value without the need for complex conversion processes. This paves the way for a more connected and efficient crypto landscape.

Faster Settlement Times:

Atomic Swaps often lead to faster settlement times compared to traditional exchanges. Transactions are executed directly on the blockchain, eliminating the delays that can occur due to order matching and processing times on exchanges.

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Continue reading here: Atomic Swap