Flare Labs, a Ripple Labs-backed blockchain for data network has recently announced plans to revolutionize the utility of Bitcoin (BTC), XRP, and Dogecoin (DOGE) through its innovative FAssets system. This development marks a huge step forward for the blockchain space, as Flare Network aims to bring new purpose and functionality to these established cryptocurrencies.
Flare Labs 是 Ripple Labs 支持的数据网络区块链,最近宣布计划通过其创新的 FAssets 系统彻底改变比特币 (BTC)、XRP 和狗狗币 (DOGE) 的实用性。这一发展标志着区块链领域向前迈出了一大步,因为 Flare Network 旨在为这些已建立的加密货币带来新的用途和功能。
FAssets: a Gateway to New Possibilities
FAssets:通往新可能性的门户
According to the announcement, the FAssets system will empower users to earn yield in Decentralized Applications (dApps) on the Flare Network or bridge their assets to other ecosystems using the innovative LayerCake protocol. The latter, described as an insured-in-transit bridging and cross-network composability protocol, offers users a seamless and secure means of connecting with different blockchain networks.
根据公告,FAssets 系统将使用户能够在 Flare 网络上的去中心化应用程序 (dApp) 中赚取收益,或使用创新的 LayerCake 协议将其资产连接到其他生态系统。后者被描述为一种被保险在途桥接和跨网络可组合性协议,为用户提供了一种与不同区块链网络连接的无缝且安全的方式。
The multi-asset backing structure of FAssets ensures stability and security, making it a trustless gateway for non-smart contract assets to participate in Decentralized Finance (DeFi) or Non-Fungible Token (NFT) ecosystems.
FAssets的多资产支持结构确保了稳定性和安全性,使其成为非智能合约资产参与去中心化金融(DeFi)或非同质代币(NFT)生态系统的去信任网关。
The announcement comes on the heels of recent massive selloffs in the crypto market. As noted in an earlier report, Bitcoin fell 7%, while popular altcoins including XRP, and DOGE saw major selling within minutes.
这一消息是在加密货币市场最近出现大规模抛售之后发布的。正如之前的一份报告所述,比特币下跌了 7%,而包括 XRP 和 DOGE 在内的流行山寨币在几分钟内就出现了大幅抛售。
Notably, Flare Network, as an EVM-compatible Layer-1, is designed to enhance interoperability and usability in the blockchain space. With oracles secured by the network, Flare aims to enable open, decentralized, and safe interoperability not only between blockchains but also between blockchains and Web2 APIs.
值得注意的是,Flare Network 作为 EVM 兼容的 Layer-1,旨在增强区块链空间的互操作性和可用性。通过网络保护的预言机,Flare 旨在不仅在区块链之间,而且在区块链和 Web2 API 之间实现开放、去中心化和安全的互操作性。
The goal is to simplify the process of building dApps by providing developers with the tools and protocols needed to securely access diverse data.
目标是通过为开发人员提供安全访问不同数据所需的工具和协议来简化构建 dApp 的过程。
Flare Network: Core Protocol
Flare 网络:核心协议
Flare Network’s two core protocols, the State Connector and Flare Time Series Oracle (FTSO), play a crucial role in operationalizing EVM-based smart contracts and the associated dApps.
Flare Network 的两个核心协议,State Connector 和 Flare Time Series Oracle (FTSO),在运行基于 EVM 的智能合约和相关 dApp 方面发挥着至关重要的作用。
The State Connector facilitates the secure acquisition of time series data, including cryptocurrency price data, and event data from other blockchains and Web2 APIs. The FTSO ensures the provision of accurate and trustless data by incentivizing independent decentralized nodes to contribute.
State Connector 有助于安全获取时间序列数据,包括加密货币价格数据以及来自其他区块链和 Web2 API 的事件数据。 FTSO 通过激励独立的去中心化节点做出贡献,确保提供准确且无需信任的数据。
The recent collaboration between Flare Network and Bloxico, a leading blockchain service company, adds another layer of innovation to the ecosystem. Bloxico’s expertise will introduce a Reputation Score to the Flare network, enabling community members to assess and choose the best infrastructure providers and decentralized oracles to allocate their capital.
Flare Network 与领先的区块链服务公司 Bloxico 最近的合作为生态系统增添了另一层创新。 Bloxico 的专业知识将为 Flare 网络引入声誉评分,使社区成员能够评估和选择最佳的基础设施提供商和去中心化预言机来分配其资本。
The post Flare Network to Bring New Utility to BTC, XRP, and DOGE appeared first on CoinGape.
Flare Network 为 BTC、XRP 和 DOGE 带来新实用性的帖子首先出现在 CoinGape 上。