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“Raphjaph”, the current principal maintainer of the Bitcoin protocol Ordinals, has incorporated Casey Rodarmor’s (the developer of the Bitcoin protocol Ordinals) “recursive inscriptions” No. 2167 upgrade into the Ordinals source on GitHub. Inscriptions may now utilize the specific “/-/content/:inscription id” syntax to request material from other inscriptions, according to developer Leonidas.og. This small modification opens up a slew of new possibilities. For example, rather than inscribing 10,000 JPEG files individually for a PFP collection (which would be prohibitively expensive), it would be preferable to inscribe 200 features from the collection, followed by 10,000 more inscriptions, each of which uses a…

NFT According to Tony Tran, the chairman and CEO of Peer Inc, the cooling interest in non-fungible tokens (NFTs) and the metaverse particularly by corporations and tech giants like Meta does not signal their end but instead “it reflects the natural cycle of innovation.” In written answers to questions from Bitcoin.com News, Tran, whose firm is behind the 3D social networking app Peer, insisted that such a downward trend is commonly experienced by early adopters of new technologies. Ignorance a Key Barrier to Mass Adoption Tran also attributed the public’s seemingly limited interest in NFTs to ignorance and their lack…

Hey NFT Anon, this is your chance to own a piece of hip-hop history! Introducing “THE CROWN,” an exclusive digital collectible from the King of New York – KONY NFT Collection. The collection is created by visionary photographer Barron Claiborne. The iconic crown, originally worn by The Notorious BIG in 1997, made headlines when it fetched a staggering $600,000 USD at Sotheby’s auction in 2020. This solidifies its position as the most renowned artifact in Hip-Hop history. Now, you get to wear the authentic digital form of the iconic crown. TL;DR: “THE CROWN” is an exclusive digital collectible from the…

Blockchain Tether, the largest stablecoin issuer, has minted 1 billion USDT tokens on the Ethereum blockchain as part of its “inventory replenish.” While some perceive the minting of new USDT as a catalyst for increased crypto demand, Tether CTO Paolo Ardoino told The Block that new USDT tokens are minted to support chain swap functions. “Tether periodically works with different third parties (exchanges, hedge funds, etc.) to help them rebalance the liquidity of their USDT across different chains,” Ardoino said. “For example, since exchanges support Tether USDT on multiple chains, they might end up having most of [their] Tether USDT…

Blockchain Polygon’s zkEVM Beta achieves 100K unique wallets, reflecting growing popularity and adoption. The exponential increase in unique wallets showcases Polygon’s ability to attract diverse users. Competition in the blockchain space emphasizes the need for continuous innovation from Polygon. Polygon’s zkEVM Beta has achieved a significant milestone, as it now boasts an impressive count of 100,000 unique wallets. This accomplishment is a testament to the platform’s growing popularity and the increasing adoption of its technology. Polygon zkEVM Beta has reached 100K unique wallets???? pic.twitter.com/LGwbK25s3b — Narb (@NarbTrading) June 12, 2023 Moreover, reaching 100,000 unique wallets on Polygon’s zkEVM Beta has…

Blockchain Introduction to Blockchain Technology Decentralization and Distributed Networks Cryptography and Security Immutable Ledger and Transparency Verification Process and Consensus Mechanisms Smart Contracts and Blockchain Applications Interoperability and Scalability Public and Private Blockchains Real-Time Verification Data Storage Transparency vs Confidentiality Disintermediation Central Authority in Traditional Systems Fraud Prevention in Blockchain Traditional Databases vs Blockchain Blockchain in Context: Bitcoin and Cryptocurrency Concluding Thoughts: Disruption by Blockchain FAQ Introduction to Blockchain Technology In the realm of information technology, blockchain technology is a revolutionary innovation that promises to redefine the landscape of digital transactions and data management. This digital ledger technology leverages decentralization,…

NFT They call them “collectibles” for a reason. Whether it’s Louis Vuitton bags or Funko Pops, people like to accumulate stuff. The reasons for collecting are numerous. Some do it for pleasure; some are riding seasonal trends. Others are seeking status or prestige, or to show loyalty to their teams or favorite artists. In the crypto world, people collect Bored Apes and CryptoPunks because of their high value — and maybe because they look cool. Depending on market demand, many of these collectibles can fetch huge sums of money. They can also hold huge sentimental value for their owners. But…

The Ethereum virtual machine (EVM) is the sole shortcoming of ZK-Rollup, making it impossible to execute decentralized apps (dApps) such as the DeFi protocol. This will soon change since ZK-Rollup is providing EVM compatibility for several of the large projects now under development, such as Scroll, Taiko, Polygon, and ConsenSys. One possible candidate to tackle this issue is Kakarot zkEVM. Kakarot zkEVM, a Cairo-based Ethereum Virtual Machine (EVM), announced on June 2 that it had completed its pre-seed investment round. Among others who have contributed include Ethereum co-founder Vitalik Buterin, Ledger co-founder and VP of innovation Nicolas Bacca, and blockchain…

DeGods DeGods is a deflationary 10k PFP collection of gods dressed in a unique style of the current fashion that meets old deity vibes, with a focus on community usefulness. The group has burnt the last 535 DeGods NFTs, therefore there are presently 9,465 in existence (more on that later). They have characteristics that range from Common to Uncommon, Rare, Super Rare, and Mythic. The Holy Robe, Heaven backdrop, Night Vision Goggles, Mythic Helmet, Smoke Ring, and other Super Rare and Mythic qualities are included in the collection. The Medusa Head is the most uncommon characteristic in the collection, with…

NFT Some detractors of NFTs fixate on their ethereal, intangible nature. How can they be art, critics cry, if they’re only digital, virtual, disconnected from reality? It would be difficult to levy those claims against the works of Foodmasku. That’s the moniker of Antonius Wiriadjaja, the multimedia performance artist who—for three years now—has created NFTs depicting himself wearing masks made entirely of food, and then eating the masks. The ultimate consumption of the work is a rule, a key component. Courtesy: Foodmasku The association between masks and food—and between food masks and the blockchain for that matter—is not necessarily intuitive.…