The Ethscriptions protocol allows users to create tokens using calldata on the Ethereum blockchain — instead of using the ERC-721 standard.
, also referred to as the ESC-20 token standard by its users, provides a way for users to create unique tokens leveraging transactional calldata on the Ethereum blockchain. The protocol was launched in mid-June by Ethereum developer Tom Lehman.
As an open-source project, Ethscriptions has sparked interest among traders, given the surge in trading volume to more than $1 million within just a few weeks. One of the most prominent Ethscriptions that’s being actively traded is aStill, the protocol is currently in a highly speculative phase, lacking a clear value proposition.
This calldata is traditionally used to specify the instructions to the smart contract about what function to execute and with what parameters immutably recorded on the blockchain with the transaction. However, Ethscriptions uses calldata in a new way to create art collectibles.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Both XRP and Ethereum (ETH) Will Be Demolished by SEC: President's Advisor Explains WhySEC targets both XRP and ETH, Max Keiser convinced xrparmy xrpcommunity xrpl xrpthestandart ripple ripplesec ethereum eth $xrp $eth
Baca lebih lajut »
Casa CEO on Ethereum Expansion, Future of Crypto Self-CustodyCasa, a popular crypto self-custody firm historically focused on the Bitcoin blockchain, added support for Ethereum this week. This comes as the recent crypto crash has pushed many users away from centralized exchanges and called for the importance of securing and owning your crypto. Casa CEO Nick Neuman shares insights into the rollout and the case for self-custody.
Baca lebih lajut »
Bitcoin (BTC), Ethereum (ETH) in Red as Momentum StallsTop cryptocurrencies Bitcoin, Ethereum and major altcoins hit a lull this week
Baca lebih lajut »
Sleeping Ethereum Whale Awakens and Moves Millions: Is It End of ETH Price Rally?Ethereum mega whale awakens and shuffles thousands of ETH tokens ethereum eth ether ethusdt whalealert $eth
Baca lebih lajut »
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $31,000, After Becoming Overbought – Market Updates Bitcoin NewsBitcoin fell below $31,000 to start the week, as traders seemingly moved to secure gains, as the cryptocurrency became overbought.
Baca lebih lajut »
ZkSync Developer Releases Toolkit for Building Ethereum RollupsThe toolkit will make it easier for crypto developers to spin up fast and cheap blockchains powered by zero-knowledge proofs, one of this year’s hottest technologies in the digital-asset space.
Baca lebih lajut »