'Introducing Omnichain Accounts' web3 oct_network
ZetaChain is the foundational layer to a multichain future. The novel blockchain enables multichain functionality without using bridges or wrapped tokens and the easy deployment of omnichain-dApps, or odApps. These applications can manage and connect data and value across all smart contract platforms as well as non-smart contract platforms like Bitcoin and Dogecoin.
Omnichain Accounts can be trusted to manage assets according to predetermined rules, a functionality comparable to Ethereum’s use of smart contracts. ZetaChain takes this a step further in that a smart contract can leverage and manage assets on any connected blockchain because it holds a collectively owned TSS key and address. This effectively adds smart contract capabilities to the Bitcoin network and other non-smart contract blockchains.
The ZetaClient monitors the TSS address. Upon identifying incoming transactions to the TSS vault, it parses the data from the Bitcoin transaction inThe smart contract takes actions accordingly . To send out Bitcoin from the smart contract, the smart contract emits a specificthat the ZetaClient picks up, signs and broadcasts to the Bitcoin network.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
The Future of Finance Writing Contest by Bricktrade x HackerNoon | HackerNoon'The Future of Finance Writing Contest by Bricktrade x HackerNoon' by hackernoon futureoffinance brick_trade
Les mer »
Introducing dApps and Crypto Exchanges | HackerNoon'Introducing dApps and Crypto Exchanges' decentralizedinternet quicknode
Les mer »
Cash Rules Everything Around Me (Founders Writing Prompts) | HackerNoonAre you a startup founder? Consider filling out these writing prompts so readers can get to know your company better, and it's a great way for others to learn.
Les mer »
An Essay Concerning Humane Understanding, Volume I: THE EPISTLE TO THE READER | HackerNoonAn Essay Concerning Humane Understanding, Volume I, THE EPISTLE TO THE READER by John Locke is part of HackerNoon’s Book Blog Post series.
Les mer »
Moby-Dick; or The Whale: Chapter 18 - His Mark | HackerNoonMoby-Dick; or The Whale, Chapter 18: His Mark by Herman Melville is part of HackerNoon’s Book Blog Post series.
Les mer »
Adventures of Huckleberry Finn: Chapter XII | HackerNoonAdventures of Huckleberry Finn, by Mark Twain (Samuel Clemens) is part of HackerNoon’s Book Blog Post series.
Les mer »