Will New Improvements See Algorand Attract More Users and Investors?
Algorand has announced new features to improve its blockchain environment and attract more users, including enhanced security, scalability, and a new language for smart contract development. The price of Algorand has increased by 9.09% in the last 24 hours, with analysts projecting a positive future for the digital asset. Meanwhile, VC Spectra's decentralized hedge fund is generating significant interest, with over 92% of the available tokens sold in the first presale stage. Investors expect a 37.5% ROI in July and a potential 900% profit at the end of the presale stage.
Neon Labs Launches "Neon EVM" to Allow Ethereum Apps on Solana
Neon Labs has launched the "Neon EVM", which allows developers to write Ethereum applications on top of Solana. This smart contract built on top of Solana enables developers to deploy Ethereum Virtual Machine (EVM) code, which was previously not possible on the network.
Data: The Number of ERC-6551 Accounts Has Exceeded 2000
According to Dune data, the current number of ERC-6551 accounts has exceeded 2,000. ERC-6551 provides a smart contract account for each ERC-721 token, allowing ERC-721 tokens to own assets and interact with applications without changing existing ERC-721 smart contracts or infrastructure.
InterFi Confirms Bad Idea AI's Smart Contract is Secure and Free of Major Vulnerabilities
Blockchain security company InterFi has confirmed that Bad Idea AI's smart contract is secure and free of major vulnerabilities. The evaluation, which was conducted at the request of Bad Idea AI, involved a thorough analysis of the solidity code using both automated and manual assessments.
ERC-7265 Proposal: Decentralized Finance "Circuit Breaker" Could Have Prevented Billions in DeFi Hacks
The developer of the ERC-7265 proposal has suggested that a decentralized finance "circuit breaker" could have prevented billions of dollars worth of crypto from being stolen from DeFi protocols in 2022. The proposal aims to set a standard for a smart contract with the ability to halt suspiciously large token outflows from a DeFi protocol.
NFT Royalty Payments Hit Two-Year Low in June as Collectors Forgo Optional Fees
NFT royalty payments have hit a two-year low in June, according to a report by Nansen. The decline has been attributed to the rise of royalty-optional marketplace Blur and OpenSea's policy. Currently, collections need to include an on-chain enforcement method in their smart contract for creator earnings to be enforced on OpenSea, otherwise the royalty fee defaults to a minimum of 0.5%.
TRON Released the Mainnet Upgrade Version GreatVoyage v4.7.2
July 3 (Cointime) -The TRON developer community released the GreatVoyage-v4.7.2 (Periander) version, which introduced several important optimizations and updates, added two governance proposals for Stake 2.0, and improved the flexibility of TRON staking on a large scale; It is proposed to implement the EIP-3855 PUSH0 instruction, to ensure the compatibility between TRON and Ethereum at the virtual machine level, and to reduce the cost of using TRON smart contracts; a more friendly smart contract interface to improve the convenience of smart contract development; TRON's P2P The network module has been fully upgraded to support the IPV6 protocol, node discovery through DNS, message compression, etc., which greatly improves the performance of the TRON network infrastructure.
Vitalik: EOA Wallets based on MPC have Fundamental Flaws, Smart Contract Wallets are the Only Option
June 29 (Cointime) -Vtalik Buterin, co-founder of Ethereum, responded to a question about the advantages and disadvantages of wallets based on MPC (EOA) and smart contract wallets during his Twitter AMA. He stated that EOA wallets based on MPC have fundamental flaws because they cannot revoke keys (excluding re-sharing, as the old holder can still recover the key). Smart contract wallets are the only option.
The Flow Staking Smart Contract Will Be Upgraded, Delegators Holding Less Than 50 FLOW Will Unstake at the End of the Next Epoch
June 29 (Cointime) -The Flow Staking smart contract will be upgraded on July 5 at 8AM PT, and delegators holding less than 50 FLOW will be unstaked at the end of the next period. If you want to keep your stake, you need to increase the amount of FLOW before upgrading. The move is intended to address performance and security concerns.
Blockchain Company Metatime Raises $38 Million in Successful Presale Rounds
June 27 (Cointime) - Metatime, a technology company dedicated to creating a transparent and comprehensive blockchain ecosystem, has successfully completed its presale rounds, raising $38 million from corporate and individual investors. The company's main component, MetaChain, prioritizes security, scalability, and speed, with the potential to check 700,000 transactions simultaneously.
