Author: Ahmad Zubair
Manta network has as of the 18th of July 2022 submitted a Polkadot treasury proposal to develop OpenZL, a substrate library aimed at making it easy for developers to write and deploy Zero Knowledge proof codes About OpenZL – The potential use-cases OpenZL is a common good open source library that will enable Substrate developers in writing and deploying zero-knowledge proof code. The zero-knowledge proof code works with the following properties: Completeness: here an honest prover convinces the verifier about any statement he/she knows. Soundness: This means a computationally bounded prover cannot forfeit a proof that can convince an honest…
Teleports have now been integrated into Novawallet. The integration of teleports further extends the capabilities of Novawallet, with regard to cross-chain transfers The following cross-chain transfers were added in the version 3.2 release: KSM: Statemine<->Kusama DOT: Statemint<->Polkadot KINT: Kintsugi <->Karura RMRK: Statemine ->Moonriver About Teleports Teleports is an interoperability feature on the Polkadot/ Kusama ecosystem which allows for easy movement of assets between parachains. You can learn more about teleports here. This interoperability is made possible through XCM and SPREE Modules which ensure assets aren’t lost or duplicated across multiple chains. About Novawallet Novawallet is a next-generation wallet for the…
After winning a Parachain auction with more than 24000 KSM from 604 contributors worldwide, Amplitude has won the 40th para chain auction for Kusama. This means Amplitude is now set for its official launch which will facilitate the continued building of its data infrastructure for the future of Defi on Kusama. ABOUT AMPLITUDE Amplitude is a sister blockchain of Pendulum and it aims to build a link between Fiat and Defi through a Fiat optimized contract blockchain. This will enable fintech and forex providers to integrate their Fiat services with Defi applications such as specialized AMMs, lending protocols, and yield…
Understanding consensus can be hard for beginners. This guide aims to make blockchain consensus easy to grasp for beginners Consensus and The blockchain The blockchain is constantly being built upon to make the “chain” of blocks. In order for a block to be added to the “chain”, the nodes in a network must come to an agreement or consensus. The aim of consensus is to provide objectivity among the many participants of a network in arriving at an agreement and enable the continuous building of new blocks. Consensus has been in evolution since the inception of the blockchain. We have…