Smart Contracts

Enhancing DApp Development with Arbitrum Stylus

Wednesday. September 4 at 1:00 AM

1 min. read

Offchain Labs, the original developer of Arbitrum blockchain and Stylus, has launched Arbitrum Stylus mainnet, a backward-compatible virtual machine aimed at simplifying decentralized app (DApp) development for Web3. Stylus enables developers of varying coding skills to create on Arbitrum using familiar WebAssembly (WASM)-compatible languages, fostering the creation of powerful Web3 applications with low gas fees. Ed Felten, co-founder of Offchain Labs, highlighted how Stylus merges EVM and traditional programming languages like Rust, C, and C++, offering multi-language support to encourage developers to leverage the most suitable tools. Stylus programs have shown superior performance compared to EVM-based programs, enabling more transactions within the gas limit and reducing costs. Offchain Labs plans to integrate protocols like ZK-proofs into Arbitrum to enhance efficiency and reduce costs, paving the way for advanced DeFi applications in the future.

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Ethereum Developers Consider Splitting Pectra Upgrade

Sunday. September 15 at 10:30 AM

Ethereum developers are contemplating dividing the highly anticipated Pectra upgrade into two parts to enhance network efficiency and scalability. The first phase aims for an early 2025 launch. Discussions during Ethereum's execution layer meeting on Sept. 12 revealed a consensus on expediting Pectra's release. Splitting the upgrade is seen as a viable option for a Q1 delivery, reducing risks associated with large forks. Pectra combines the Prague and Electra upgrades, focusing on the execution and consensus layers, respectively. The complexity of the current Pectra fork and the desire for additional upgrades increase the likelihood of a split. The decision will be made during the next Ethereum All Core Developers call on Sept. 19. The approved EIP-3074 proposal in April 2024 allows normal crypto wallets to function like smart contracts, offering enhanced capabilities for users.

Smart Contracts

Building a Successful Crypto Company: Insights from Dominic Williams

Thursday. September 12 at 7:00 AM

Dominic Williams, the founder of DFINITY, shares his journey of creating the Internet Computer and offers valuable advice for entrepreneurs in the crypto industry. Transitioning from simpler tech projects to blockchain posed new challenges, requiring a fresh approach to consensus mechanisms and security. Williams emphasizes the importance of securing early-stage funding by articulating the project's technical feasibility and transformative potential. He advises entrepreneurs to deeply understand and communicate their vision while building a capable team. Proactive engagement with regulatory bodies and a focus on compliance are crucial for navigating the regulatory landscape. Williams stresses the significance of continuous R&D and innovation in addressing real-world problems. By focusing on scalable architectures and embracing emerging trends like decentralized AI, entrepreneurs can make a lasting impact in the blockchain space.

Smart Contracts

Enhancing DApp Development with Arbitrum Stylus

Wednesday. September 4 at 1:00 AM

Smart Contracts

Ripple Introduces Smart Contracts to XRP Ledger Developer Ecosystem

Tuesday. September 3 at 2:30 PM

Ripple has revealed plans to incorporate smart contracts into the XRP Ledger (XRPL) developer ecosystem, aiming to offer a wide range of benefits for users, builders, and entrepreneurs. The introduction of smart contracts is expected to enhance XRPL's capabilities and attract developers to explore its expanded features. The feature is scheduled to launch in the XRPL Ethereum Virtual Machine (EVM) sidechain in the near future, with potential availability on the XRPL mainnet. While still in the research phase, Ripple is seeking input from the community and collaborating with DeFi developers to optimize the design specifics. By partnering with blockchain firm Peersyst, Ripple aims to increase the appeal of XRPL to developers and accelerate the integration of smart contracts into the mainnet by 2025.

Smart Contracts