net_left adver left
Detail

Cardano’s New Toolkit Lets Devs Build Custom Sidechains

IOG, the company behind Cardano, released tools for building custom sidechains. Cardano could become more scalable as sidechains take on specific roles. New sidechains...
Cardano’s New Toolkit Lets Devs Build Custom Sidechains Cardano’s New Toolkit Lets Devs Build Custom Sidechains
let atwWrapper,atwContainerWidth,atwSliderBox,atwTotalWidth; function initATWSlider() { atwWrapper = $('.relatedInstruments'); atwSliderBox = atwWrapper.find('.slider'); atwContainerWidth = atwWrapper.width(); atwTotalWidth = atwSliderBox.width(); if(window.domainId === '2' || window.domainId === '3'){ atwWrapper.find('.sliderRight').addClass('js-slider-prev'); atwWrapper.find('.sliderLeft').addClass('js-slider-next'); } else { atwWrapper.find('.sliderRight').addClass('js-slider-next'); atwWrapper.find('.sliderLeft').addClass('js-slider-prev'); } if(atwSliderBox.find('.instrumentBox').length > 6){ atwWrapper.find('.js-slider-next').fadeIn(600); } } function atwMoveRight() { atwWrapper.find('.js-slider-prev').fadeIn(150); $(".slider > :visible:first").hide(150) $(".slider > :visible:last").next().show(150); if(!$(".slider > :visible:last").next().find('.name')()){ atwWrapper.find('.js-slider-next').fadeOut(150); return; } } function atwMoveLeft() { atwWrapper.find('.js-slider-next').fadeIn(150); $(".slider > :visible:last").hide(150); $(".slider > :visible:first").prev().show(150); if(!$(".slider > :visible:first").prev().find('.name')()){ atwWrapper.find('.js-slider-prev').fadeOut(150); return; } } initATWSlider(); //update star icon on adding/removing instrument to/from specific watchlist atwWrapper.on('click', 'label.addRow', function() { let parent = $(this).parent(); let checkedPortfolio = false; parent.find('input[type=checkbox]').each(function () { if($(this).is(':checked')){ checkedPortfolio = true; } }); let closestStar = $(this).closest('.addToPortWrapper').find('.star'); if(checkedPortfolio){ closestStar.addClass('added'); }else{ closestStar.removeClass('added'); } }); //update star icon on creating new watchlist atwWrapper.find('.js-create-watchlist-portfolio').find('a.js-create').on('click',function () { let parent = $(this).parent(); let watchlistName = parent.find('input[type=text]').val(); if(!watchlistName){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); //update star icon on adding new position atwWrapper.find('.js-create-holdings-portfolio').find('.js-submit').on('click',function () { let addPositionForm = $(this).closest('.addToPortfolioPop').find('.holdingsContent'); let amount = addPositionForm.find('.js-amount').val(); if(amount < 1){ return; } let star = $(this).closest('.addToPortWrapper').find('.star'); star.addClass('added'); }); atwWrapper.find('.instrumentBox').find('.shortInfo').on('click',function () { if(!window.ga){ return; } let pairId = $(this).parent().find('.js-add-to-portfolio').attr('data-pair-id'); let pairType = window.atwPairTypes[pairId]; window.ga('allSitesTracker.send', 'event', 'content', 'symbol link clicked', '', { "dimension147":"symbol_link_clicked", "dimension163":"click", "dimension148":"symbol", "dimension162":"content add to watchlist", "dimension161":"article page", "dimension142":"article", "dimension75":pairType, "dimension138":pairId, "dimension118":"2980247" }); window.open($(this).attr('data-href')); }); window.atwPairTypes = {"1058142":"currency","1073899":"currency"};

  • IOG, the company behind Cardano, released tools for building custom sidechains.
  • Cardano could become more scalable as sidechains take on specific roles.
  • New sidechains could attract more users and developers in Cardano’s ecosystem.

Cardano, the decentralized blockchain platform, launched a new developer toolkit for building custom sidechains.

Input Output Global (IOG), the company behind Cardano, announced the launch on Thursday. The toolkit would allow developers to more simply build their custom sidechains on Cardano.

The toolkit would allow developers to “leverage Cardano’s security and infrastructure” to create custom, specialized sidechains. They will also allow developers to test dApps on dedicated testnet sidechains. Moreover, IOG made these tools fully open-source.

“Decentralization and interoperability are key to the future of blockchain. These features ensure that no person or entity is able to control a blockchain or be restricted to just one ecosystem,” IOG’s technical writer Neil Burgess wrote.

"To grow, from both engineering and social perspectives, most applications and communities need to be empowered with their own sovereignty and design choices," he added. IOG developers have already built one such sidechain as a proof of concept; the Ethereum Virtual Machine (EVM) sidechain. According to IOG, the EVM sidechain will be available to the public later in January 2023.

Sidechains – New Tools for Scaling

Sidechains are separate blockchains that connect to the main blockchain through a bridge or a two-way peg. This allows users to securely transfer assets between the main blockchain and the sidechains.

"The toolkit allows the sidechain to have its own consensus algorithm and features. A sidechain connects to the main chain through a bridge that allows asset transfer between the chains," Burgess wrote. One of the advantages of sidechains is that developers can customize them for specific purposes. For instance, a specific sidechain could handle high-volume transactions or enable private transfers.

Moreover, the main blockchain can provide security and decentralization for all the sidechains.

“The finality of blocks is determined through a consensus mechanism that relies on the security of the main chain,” Burgess added.

These sidechains take the strain off the main blockchain, making it more scalable.

IOG and Cardano

Cardano founders Charles Hoskinson and Jeremy Wood cofounded IOG in 2015, after breaking from the Ethereum project.

The company, formerly Input Output Hong Kong (IOHK), is responsible for developing the Cardano blockchain. This includes research, development, and implementation.

On the Flipside

  • The success of Cardano’s custom sidechains will depend on adoption developers and the community. While the new toolkit may provide the necessary tools and resources, it will ultimately be up to individuals to use them.

Why You Should Care

The development is potentially big for Cardano as it could improve its scalability and provide additional use cases for the network.

You May Also Like:

What Is Cardano, and How Does It Work?

Cardano (ADA) Overtakes Ethereum (ETH) as Protocol with Most Development Activity in 2022

See original on DailyCoin

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
30-03-2023 06:38:44 (UTC+7)

EUR/USD

1.0845

+0.0002 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/USD

1.0845

+0.0002 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

GBP/USD

1.2313

+0.0002 (+0.02%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (8)

Sell (1)

USD/JPY

132.60

-0.23 (-0.18%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (4)

Sell (3)

AUD/USD

0.6683

0.0000 (0.00%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (7)

Sell (1)

USD/CAD

1.3560

+0.0005 (+0.04%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (3)

EUR/JPY

143.80

-0.24 (-0.17%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (6)

Sell (2)

EUR/CHF

0.9959

+0.0001 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (2)

Gold Futures

1,980.95

-3.55 (-0.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Silver Futures

23.427

-0.039 (-0.17%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (3)

Copper Futures

4.0758

-0.0072 (-0.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Crude Oil WTI Futures

72.89

-0.08 (-0.11%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Brent Oil Futures

77.53

-0.61 (-0.78%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (2)

Natural Gas Futures

2.176

-0.007 (-0.32%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

US Coffee C Futures

170.03

-3.72 (-2.14%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Euro Stoxx 50

4,231.27

+63.06 (+1.51%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

S&P 500

4,027.81

+56.54 (+1.42%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (3)

Sell (3)

DAX

15,328.78

+186.76 (+1.23%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

FTSE 100

7,564.27

+80.02 (+1.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Hang Seng

20,192.40

+407.75 (+2.06%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (1)

Sell (7)

US Small Cap 2000

1,770.93

+18.30 (+1.04%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (5)

IBEX 35

9,070.70

+126.40 (+1.41%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (0)

BASF SE NA O.N.

47.180

+0.795 (+1.71%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (4)

Sell (3)

Bayer AG NA

57.27

+0.40 (+0.70%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (10)

Allianz SE VNA O.N.

209.35

+3.20 (+1.55%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Adidas AG

146.42

+5.24 (+3.71%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (1)

Deutsche Lufthansa AG

9.647

+0.206 (+2.18%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Siemens AG Class N

146.30

+2.78 (+1.94%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (10)

Deutsche Bank AG

9.143

+0.221 (+2.48%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

    EUR/USD 1.0845 ↑ Buy  
    GBP/USD 1.2313 Neutral  
    USD/JPY 132.60 Neutral  
    AUD/USD 0.6683 Neutral  
    USD/CAD 1.3560 Sell  
    EUR/JPY 143.80 ↑ Sell  
    EUR/CHF 0.9959 ↑ Buy  
    Gold 1,980.95 ↑ Sell  
    Silver 23.427 Neutral  
    Copper 4.0758 ↑ Sell  
    Crude Oil WTI 72.89 ↑ Buy  
    Brent Oil 77.53 ↑ Buy  
    Natural Gas 2.176 ↑ Sell  
    US Coffee C 170.03 ↑ Buy  
    Euro Stoxx 50 4,231.27 ↑ Buy  
    S&P 500 4,027.81 Buy  
    DAX 15,328.78 ↑ Buy  
    FTSE 100 7,564.27 ↑ Buy  
    Hang Seng 20,192.40 Neutral  
    Small Cap 2000 1,770.93 ↑ Sell  
    IBEX 35 9,070.70 ↑ Buy  
    BASF 47.180 ↑ Buy  
    Bayer 57.27 ↑ Sell  
    Allianz 209.35 ↑ Buy  
    Adidas 146.42 ↑ Buy  
    Lufthansa 9.647 ↑ Buy  
    Siemens AG 146.30 ↑ Sell  
    Deutsche Bank AG 9.143 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,645/ 6,685
(0/ 0) # 1,079
SJC HCM6,645/ 6,715
(0/ 0) # 1,110
SJC Hanoi6,645/ 6,717
(0/ 0) # 1,112
SJC Danang6,645/ 6,717
(0/ 0) # 1,112
SJC Nhatrang6,645/ 6,717
(0/ 0) # 1,112
SJC Cantho6,645/ 6,717
(0/ 0) # 1,112
Cập nhật 30-03-2023 06:38:47
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,963.66 -8.31 -0.42%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V23.96024.430
RON 95-III23.03023.490
E5 RON 92-II22.02022.460
DO 0.05S19.30019.680
DO 0,001S-V20.56020.970
Dầu hỏa 2-K19.46019.840
ↂ Giá dầu thô thế giới
WTI $72.95 +0.84 1.14%
Brent $77.38 +0.99 1.27%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.280,0023.650,00
EUR24.773,5226.160,70
GBP28.198,2129.400,59
JPY173,28183,45
KRW15,5818,99
Cập nhật lúc 06:30:49 30/03/2023
Xem bảng tỷ giá hối đoái
adver main right