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Uniswap Launches Unichain: Will It Revolutionize the DeFi Industry?
Uniswap will launch its own Layer-2 network, Unichain by the end of the year. It operates now in its testing phase. The platform will enhance the user experience and accessibility through faster transaction speeds and lower costs. Unichain enables near-instant transactions that solve issues like slippage and mitigate losses from MEV attacks—a common headache for many traders. This is a huge leap forward in market efficiency, which is crucial for active traders and liquidity providers.
Also, its integration into the Superchain is very important. This is an ecosystem of Layer-2 networks built on the OP Stack that currently includes over 30 networks. Though these networks function independently now, it will change soon. The plan is to unite them into a single, seamless network enabling secure, cross-chain, instant transactions.
One of the key advantages of Unichain is the ability to reduce transaction costs by up to 95% compared to Ethereum. It will make transactions more accessible for users. Additionally, a decentralized network of validators will increase the level of the platform’s decentralization and security, hence its reliability for users.
Also, Uniswap becomes a full-fledged developer of the OP Stack along with Optimism and Base. This creates a feeling of interaction between ecosystems and their commitment to a common goal – unifying them into a single system. Strategically, this is an ideal solution as it paves the way to the end of fragmented chains, offering fast, simple and secure transactions.
Since Uniswap is the largest decentralized exchange, it’s a groundbreaking step for the entire DeFi trading ecosystem.
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Why I wish people would stop attempting to track people via their IP addresses.
OK, first a short explanation.
There are two types of IP address, your internal/private address which is used by your network up to your router and your external/public IP address, which is what anyone else sees when they see your IP address.
Your internal address is different for each thing that connects to your router and will look something like the following:
192.168.1.79 | PC 1 192.168.1.69 | PC 2 192.168.1.12 | Phone 192.168.1.1 | Router
Whereas you will only have one external IP address and it will be something like the following:
86.157.54.164
Now this IP address will be the same for your whole network no matter what PC is accessing a website. But, most households have a dynamic IP address, meaning that any time their router is restarted or the ISP decides they will be given a new IP address meaning that someone may have an IP address and then have a different one 10 minutes later.
See below for an example on How IP addresses work.
When it comes to tracking IP addresses, it isn't as easy as punching the address into a "Track IP address" website on Google and being like "HERP, I KNOW YOU'RE FROM BRISTOL!". That just doesn't work.
What doing that will return you is usually the country that they are accessing from and their ISP. For example I live in Cornwall yet when I "Track" my IP address it says I'm in Southampton.
The only true way to get the location from someone's IP is to write/ring to their ISP, which you can get, and ask for the location of the IP address on the date of whatever at this time. As the ISP's are by law required to keep a log of all the information as to who has an IP at certain times they will be able to give you the information. Although, if they will is another matter. Personally I can't see them doing it for somebody because they want to know who accessed their website and even if they do, you're probably going to be waiting about a week for it as I can't imagine it's their top priority.
To wrap up, trying to scare people by saying you can track them via their IP address is absurd and if you seriously think you can, you're an idiot!
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