light-client
ens
light-client | ens | |
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59 | 293 | |
33 | 1,140 | |
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0.0 | 0.0 | |
4 days ago | 8 months ago | |
TypeScript | JavaScript | |
MIT License | BSD 2-clause "Simplified" License |
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light-client
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Corporate needs you to find the difference.
The information arbitrage is pretty remarkable because they get a bunch of money for printing air tokens out of thin air and selling a portion of it. They then use the money mainly to control narratives. How many people even know that literally all eth traffic runs through central infura servers? Why? Because it doesn't scale without central servers. It also doesn't scale on-chain which is what they promised 7 years ago when they asked you to give them bitcoin to create a turing complete blockchain. They tried a lot of other stuff before roll-ups with centralized sequencers with trusted multisigs. They even tried to copy Lightning and funded Raiden network.
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What Are Layer-2 Scaling Solutions? The scalability trilemma remains one of the biggest issues of the blockchain. Here’s how Layer-2 scaling solutions can help.
Examples: Bitcoin’s Lightning Network, Ethereum’s Raiden Network
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Has anything fundamentally changed with crypto currencies, blockchain technology or the idea of decentralization in the past few months?
Think of the blockchain as being the settlement layer between banks, and each roll-up or payment channel as its own bank.
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State Channels Still Beat All Other Layer-2 Scalability Solutions
Raiden Network - an instant payment solution with low fees compatible with all ERC-20 tokens.
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My small business now accepts Ethereum & other forms of crypto! 🥳
Just an FYI: with Hub20 you can accept payments with any Ethereum-compatible blockchain and any scaling solution that uses the RPC interface (e.g, Polygon, Arbitrum, Optimism, Gnosis Chain). It also works with Raiden, which is akin to BTCs lightning network.
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Bored Ape Virtual Land Sale Breaks Ethereum, Wastes $180M in Fees
Except that anyone with a minimal involvement with Ethereum already knows that the base layer is not meant to be used on day-to-day operations.
We already learned about the decentralization trillema. The strategy to scale Ethereum through will be through the adoption of "layer-2" systems, where users are expected to be doing their transactions and avoid these costly transactions altogether.
There are roll-ups already dealing with NFT marketplaces [0]. There are roll-ups that can execute any type of ethereum smart contract [1] [2]. There are payment channels that allow completely decentralized and gas-less transfers of ERC-20 tokens [3].
[0] https://loopring.io
[1] https://optimism.io/
[2] https://offchainlabs.com/
[3] https://raiden.network
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Daily General Discussion - March 17, 2022
Raiden Network, ethereum's equivalent of lightning network, has been live on mainnet since 2020. It has little to no traction/usage as rollups are a much better scaling solution than state channels.
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Crypto Payment Gateway in Web Development
For those that are technical, the main selling point is its integration with layer-2 systems and support for multiple chains. It doesn't matter if you want to accept payment with Raiden or Arbitrum/Optimism, or xDAI/Polygon or BSC, your frontend does not change at all.
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People Don't Want to Run Their Own Bank
The point you are so reluctantly refusing to see is that it is about options and the long tail. Yeah, the majority of business and people are fine with the status quo. It doesn't mean that the rest should just conform.
> Other than that, unless you use Nano, every crypto transaction comes with a fee (...) slower than normal transactions
- https://raiden.network (near-zero fee transfers, akin to Lightning Network, running on Ethereum)
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I don’t understand Ethereum L2 solutions like Loopring, but I have a good understanding of BTC’s Lightning Network. Does Loopring function similar to Lightning?
Raiden network is probably the closest equivalent of lightning network, but there are a couple of other projects using similar technology on Ethereum.
ens
- Show HN: Prototype for ETH Signing for endorsing Wikipedia updates
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Don't trust, verify: Indexing ENS Domains with Subsquid
While creating these tutorials, I choose Ethereum Name Service as an example, because it's a famous project, and quite frankly, also because I take these changes to study some subjects I am interested in (sue me! 😛).
- Domain registrar Gandi gets bought out, screws existing customers
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Domain Names as Handles in Bluesky
> I hope this idea catches on
This already exists with Ethereum Name Service (ENS) https://ens.domains and Sign-in With Ethereum.
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Binance to Suspend US Dollar Bank Transfers
ENS is my go to example for something novel and useful that Ethereum enables. Instantly propagating private key based DNS.
https://ens.domains
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Nostr.how – A Complete Guide to Nostr
One of the first applications of blockchains was DNS. (Namecoin) ENS is a modern form. (https://ens.domains)
I would say there's still some degree of centrality for ENS, but it is more decentralized than DNS.
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Ethereum Name Service ($ENS) is Airdropping Tokens worth up to 5000$ for the first 1000 People To Claim it.
This is a scam. The real url is ens.domains, not ens.com.
- How do I register my address to a short, meaningful name? I have seen a lot with word and .eth - thanks!
- Its been a whole cycle now.
- $850 USD to renew your own .dev domain which is owned by Google, insane
What are some alternatives?
optimism - Optimism is Ethereum, scaled.
ipfs - Peer-to-peer hypermedia protocol
webui - Raiden's Web User Interface
namecoin.org - Namecoin.org website in Jekyll -- send PR's to beta branch, then merge into master and gh-pages
BTCPay Server - Accept Bitcoin payments. Free, open-source & self-hosted, Bitcoin payment processor.
flow-nft - The non-fungible token standard on the Flow blockchain
eth-gasnow-extention - GasNow extension for browser
rainbow - 🌈‒ the Ethereum wallet that lives in your pocket
protocols - A zkRollup DEX & Payment Protocol
ens-app - Legacy ENS manager app
kasisto - A Monero Point of Sale payment system
arweave - The Arweave server and App Developer Toolkit.