darknode-cli
mina-rs
darknode-cli | mina-rs | |
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29 | 5 | |
53 | 156 | |
- | - | |
0.0 | 8.7 | |
8 months ago | over 1 year ago | |
Go | Rust | |
GNU General Public License v3.0 only | - |
Stars - the number of stars that a project has on GitHub. Growth - month over month growth in stars.
Activity is a relative number indicating how actively a project is being developed. Recent commits have higher weight than older ones.
For example, an activity of 9.0 indicates that a project is amongst the top 10% of the most actively developed projects that we are tracking.
darknode-cli
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How does ethereum know you locked up BTC on bitcoin to mint wrapped BTC?
WBTC is centralized. you give your bitcoins to a company and they create a ERC-20 token to match them and they give that to you. if you want your bitcoins back you have to return to them the ERC-20 token and they burn it or something. obviously this is not so good if you don't want to trust the custodian. renBTC is decentralized and it relies on the same hash time locked contracts that enable bitcoins to be deposited into the lightning network. there is more info at https://renproject.io/ including some documentation but it's not very good.
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Tornado cash takedown and its repercussions
Let's say you're a business that accepts crypto and what if someone sends you ETH or some coins like USDC. Is it your job to check that these coins didn't come from Tornado? It's quite hard to do that. What if account A got their ETH from Tornado, then sent to account B, which then exchanged the ETH to USDC, which then sent the USDC to account C, which then sent the USDC to you.
This is a problem for Bitcoin as well. What if someone got ETH from Tornado. Then converted the ETH to renBTC (https://renproject.io/). Then converted the renBTC to BTC. Are those Bitcoins now somehow tainted?
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Converting BTC to wBTC?
use renBTC https://renproject.io/ https://bridge.renproject.io/mint
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DAI yielding 6% plus currently on Bancor
Here ya go https://renproject.io/
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Temporary pause of $BTC withdrawals on Binance
> That involves a trusted third party, doesn't it?
For most cases, yes. Binance, Gemini and some others provide a version of their token that can run in multiple chains. You have to trust them fully.
It's a little bit better for WBTC [0]. WBTC is a consortium of 30+ crypto projects who keep the BTC under their control through a multi-sig wallet, and that can be audited on-chain. In this case, the majority of the signers would have to conspire in order to steal the funds or do anything malicious.
renBTC is even more decentralized. It is part of the ren "network" [1], which provides inter-blockchain applications. I haven't looked yet how it works exactly, but my understanding is custody of BTC happens though a proper dapp.
[0]: https://wbtc.network
[1]: https://renproject.io
- New website ✨
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What Happened to the BTC -> WBTC Bridge
Badger Bridge is under maintenance at the moment and will probably be shut down and replaced by a new product in the near future. For the meantime if you don't have any stuck transactions that you need help and are just looking for a similar bridge you can use the https://renproject.io/ one, which uses the same technology that Badger Bridge did (RenVM).
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What is Wrapped BTC? Gather round folks, theres a new kid in town.
In 2019, investors were introduced to the first wrapped Bitcoin product, WrappedBTC (wBTC). The creation of wBTC by BitGo, Kyber Network, and Ren, formerly known as Republic Protocol was revolutionary in its own right, but wBTC is entirely centralized due to BitGo being the sole custodian for wBTC and this entity, partly owned by Goldman Sachs, has full legal control of all locked Bitcoin wrapped in wBTC.
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RiB Newsletter #29
Solana has turned into a bit of a juggernaut, with huge financial backing, and TVL only behind Ethereum and Binance Smart Chain. It has been attracting dapps and protocols that were previously EVM-only, like Lido and RenVM; but it also has a strong stable of its own Solana-native dapps.
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Best place to switch BTC for HEX
renproject.io is probably the purest way to switch BTC to Ethereum, though you will pay a a pretty hefty ETH gas fee, and it's somewhat complicated for a beginner, though it has the added benefit of teaching you how bridges work in crypto.
mina-rs
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Any plans to bring Mina to the web/browser?
That's quite literally the goal https://github.com/ChainSafe/mina-rs
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What are the advantages of zk-SNARKs over DAG?
However, nodes also need to store some meta data like a list of all accounts corresponding to their balances, and some other blockchain stats. But no heavy (as in data size) blocks or transactions have to be stored! The big thing is that everyone can run their own node, even in a browser or on your phone (mina-rs). That means everyone can run their own node and directly access the network while still maintaining 100% node security.
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RiB Newsletter #29
mina-rs is an implementation of Mina in Rust, developed by ChainSafe. It is developed not only with mobile environments in mind, but WASM too, which suggests we’ll be able to embed a full node directly in the browser.
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EDUCATIONAL: How do Mina nodes communicate?
Tim from ChainSafe here! We're the official Rust client implementation team for the Mina spec and we've got an update/educational blog post for you today.
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Rising Tides: how the Mina Protocol can benefit Web 3.0 - an article by the ChainSafe Mina-Rust implementation team
You can check out all of our open-source work here and here on our public Github repo.
What are some alternatives?
eth-gasnow-extention - GasNow extension for browser
lido-dao - Lido DAO smart contracts
serde-bin-prot - A Rust crate that adds serde support for the bin_prot serialization format
homebrew-golem - Golem is creating a global market for computing power.
shade - Shade Protocol is an array of connected privacy-preserving dApps built on Secret Network
multi-party-ecdsa - Rust implementation of {t,n}-threshold ECDSA (elliptic curve digital signature algorithm).
multichain - An abstraction over multiple different underlying blockchains (Bitcoin, Ethereum, Zcash, etc.)
tofn - A threshold cryptography library in Rust
status-mobile - a free (libre) open source, mobile OS for Ethereum
smart-contracts - Main smart contracts for Kyber Network, including the main platform contract, reserve contracts etc.
Bitcoin.org - Bitcoin.org Website