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Summary of important news of blockchain technology and cryptocurrencies (28 December 1401); What happened last week?

خلاصه مهم‌ترین اخبار تکنولوژی بلاکچین و رمزارزها

In this article, we review fundamental technology news in the field of blockchain, cryptocurrencies and new practical features. You can share your questions with blockchain experts in the comments section at the bottom of this page.

You can also read the summary of other fundamental news of this week here. You can read the previous issue of “Summary of important news on blockchain technology and cryptocurrencies” here.

Polygon hardfork successfully completed

  • Polygon announced on January 12 that on January 17 (Dec 27), it will perform a hard fork named Polygon Delhi Fork with the aim of reducing gas volatility and reorganizing the chain. Although Polygon has better scalability and cheaper gas than Ethereum, it is not immune to high transaction fees during network congestion. In this hard fork, to reduce the gas increase cap, the BaseFeeChangeDenominator has been changed from 16 to 8, which reduces the base fee change from 12.5% ​​to 6.25%.

2 million BNB tokens were burned in the Binance Token Burn

  • Binance announced yesterday that 2.064 million BNB tokens worth more than $620 million were burned in 22 Binance Token Mines. The price of Binance Coin has reached $300 with an 8% growth in the last week.

Writing a smart contract with Python in Cardano

  • One of the important developments underway in the Cardano ecosystem in 2023 is to provide the possibility of writing smart contracts with Python. These efforts are still in the early stages of research and development, however a full sample of what is being tested by Cardano developers was provided via a transaction that took place on January 10. was sharedwhich revealed plans to add contracts to PyCardano, the Cardano altcoin library in Python.

more details

This critical step in Cardano’s development is made possible thanks to Eopsin. Eopsin can be considered a kind of translator that takes the code written in Python and converts it into Cardano’s smart contract language, Plutus. Eopsin also analyzes different parts of Python code and finds ways to make it faster.

Cardano provides a toolbox for sidechain development

  • Later this month, the Cardano development team will release a new software ToolKit that will allow developers to build their own sidechains and add them to the Cardano ecosystem. To prove the effectiveness of this toolkit, Cardano developers have already used it to build a test network of an Ethereum Virtual Machine (EVM) compatible sidechain. The toolkit also allows sidechain creators to choose their preferred consensus mechanism. Read Cardano’s vision for 2023 here.

Poligan is doing final tests on zkEVM

  • Polygon is conducting performance testing on zkEVM technology, which is expected to be added to its main network soon. Polygon’s Hermez team has been working on this technology for about 3 years and has announced that the performance of the zkEVM test network has been successful. Two years ago, the Polygon team estimated that the development of EVM-compatible zero-knowledge rollups could take up to 10 years, but the competition among Ethereum layer 2s to acquire the technology seems to have accelerated the implementation process.

zkSync released a software development kit with Swift language

  • The zkSync development team announced that it has released a software development kit with the Swift language. Swift is the programming language for iOS and Mac devices. By using this ZK Sync network kit, it can have more programs and more applications. This network supports other languages ​​such as Python, Java, Android and Rast.

1inch decentralized exchange cooperation with Beefy finance

  • 1inch Network has announced that it is partnering with Beefy Finance, a multi-chain profit aggregation platform that started out from China’s BNB. As a result of this collaboration, the 1inch network API will be connected to Beefy Finance’s ZAP V2, and as a result, users can enter Beefy Finance’s Yield Farming products with any of their cryptocurrencies.

Avalanche will host the stablecoin USP

  • Avalanche announced support for USP stablecoin developed by Platypus Defi. Pletiros had previously announced that the stablecoin USP is in the main pool of Avalanche, which plays an important role in the stability of its value. Also, its collateral mechanism uses other stablecoins. Launching USP can help expand the adoption of DiFi on the Avalanche network.

The trial version of Sheba layer 2 network was introduced

  • Shiba developers announced that they will soon launch their layer 2 network called Shibarium. The goal of Shibarium development is to improve low-volume transactions, increase speed, enable the creation of decentralized applications and the integration of NFTs.

UniSwap is coming to the StarkWire Layer 2 network

  • Decentralized exchange UniSwap plans to raise the third version of this exchange on the chain of the second layer of Starknet. In addition, some technical problems are supposed to be solved through the Ethereum Nethermind client.

Supply of wallet extension Frontier For browsers

  • The Frontier protocol, which used to work only in the field of DeFi, has now released its own dedicated wallet browser extension. This wallet supports more than 33 networks, including Aptos and Sway.

Improved cross-chain communication in Polkadata with the release of the third version of XCM

  • Polkadat Network released the third version of its cross-chain messenger (XCM). This version, released after 15 months of development, is compatible with all Polkadat parachains. With the release of this version, the transfer of regular tokens and NFT tokens between different parachains will be improved.

Which of the described networks and protocols do you use? To what extent do you think the news related to technology affects the price of their cryptocurrency? Share your comments and questions with blockchain experts and other users.

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