Everscale News

Everscale Deep Tech: The Everscale blockchain's advantages as a CBDC host 📱 With governments around the world actively developing digital forms of legal tender, the topic of central bank digital currencies (CBDCs) is getting more and more publicity in the media. Various blockchain projects are involved in introducing this new form of money, but do the well-known ones have technology stacks capable of handling such critical, high-load systems as CBDCs? It is likely that projects that are less well-known but that have more developed, CBDC-ready technology stacks will attract attention. In our new article, we briefly recall the current three main forms of money and their key features. We will also look at the architectural solutions in the Everscale and Venom networks that make them initially ready to deploy technology as demanding for throughput, flexibility, and stability as CBDCs. #DeepTech#Analysis#Blockchain

Everscale Deep Tech: Exploring the TIP-3 Token Standard📱 Our latest Deep Tech article invites you to find out about TIP-3 – the token standard that Everscale and Venom contracts use today. ⚙ Asynchronous blockchain architecture assumes that all the components are adapted for parallel computing. That means the ERC-20 protocol cannot be taken as a basis, as transaction processing would be limited to validation by one node. A distinctive feature of the TVM standard is that user balances and token operations are moved outside the parent contract that stores the token data. Thanks to this, Everscale achieves asynchronous execution of token transactions and validation with multiple nodes. 🗂 What’s more, the TVM standard partly solves the urgent problem of endless data accumulation in the blockchain, which will become more serious in older blockchains as user numbers grow. Learn more about the TIP-3 standard in the new article📰 #DeepTech#Analysis#Blockchain

Everscale Deep Tech: TVM as the basis of an asynchronous blockchain📱 We’re glad to present you with a new Deep Tech article, this time about the Threaded Virtual Machine and how it is key to most of the features of the Everscale network. How does the TVM help Everscale achieve its unparalleled scalability? And what are the advantages of the Threaded VM over the Ethereum VM? Find out in the article📰 #DeepTech#Analysis#Blockchain

Everscale vs. Ethereum: Account Abstraction📱 We continue our series of Deep Tech articles dealing with Ethereum’s problems and ways to solve them, including from the point of view of Everscale’s technology stack. Part two follows Ethereum’s Account Abstraction journey from the EIP-86 protocol described in 2017 to today’s EIP-4337. As regards Everscale, you’ll be able to read about the advantages of multi-signatures, batch transactions, session keys, and social recovery. By the end of the article, you should see how Everscale smart contracts, which are abstract accounts at the protocol level, have enhanced functionality relative to Ethereum accounts. All of the major technical points are illustrated with animations. We hope you’ll enjoy reading! 📰 #DeepTech#Analysis#Blockchain

Everscale vs. Ethereum: scalability📱 Another Everscale Deep Tech article is here! This one begins a three-part series on Ethereum’s three transitions vs. Everscale’s current tech with the topic of scalability. Vitalik Buterin recently published an article called “The Three Transitions.” It outlines the three core issues that hinder Ethereum’s further adoption: • Scalability constraints • Lack of built-in smart wallets • No transaction privacy 👨‍💻 Over the course of the three articles, we will be detailing each of Ethereum’s problems and analysing solutions to them. We will also be examining Ethereum’s issues from the point of view of Everscale’s tech stack to see whether Everscale requires any transitions of its own. The first article delves deep into Ethereum's scalability constraints and rollups, which are seen as the main solution to the blockchain's scalability limitations. The article also sheds some light on scalability in Everscale and explains how the network achieves it through both data and execution sharding. All of the tech details covered are illustrated with animations 📰 #DeepTech#Analysis#Blockchain

Everscale Deep Tech: How should a scalable blockchain actually work? 📱 Scalability refers to the ability of an application, network, algorithm, protocol, or system to accommodate a growing workload, be able to execute a wider range of functions, and serve an increasing number of users. Some networks face problems related to increased workload, for example, higher transaction fees. So how should a scalable blockchain actually work? And how can these kinds of problems be avoided? This is the topic of the latest Everscale Deep Tech article! It is filled with examples and animations and we think it is well worth reading 📰 #DeepTech#Analysis#Blockchain

Everscale Deep Tech: Account Abstraction on Everscale vs. Ethereum📱 In the last Everscale Deep Tech article, we introduced the concept of Account Abstraction. This time, we’re going to delve a little deeper by comparing its application in the Everscale and Ethereum networks. How can Account Abstraction be applied on the blockchain? What is the fundamental difference between the ways that Everscale and Ethereum apply it? Find out in the new article, complete with illustrations and animations 📰 #DeepTech#Analysis#Blockchain

Everscale Deep Tech: Account abstraction📱 Account abstraction and its role in increasing security and blockchain adoption — that's what the latest Everscale Deep Tech article is about! Account abstraction is the process of turning users' wallets into smart contract accounts, which prevents the possibility of losing keys and makes it convenient to use wallets. But what about Everscale? And can account abstraction coexist with seed phrases? We have prepared an article that will shed light on the account abstraction concept, reveal the types of accounts, and answer the questions above. The text is supplemented by illustrations and animations, so it’s sure to be an interesting read. Read the article here🔗 #DeepTech#Analysis#Blockchain

Everscale Deep Tech: Everscale’s network monitoring system🚀 The Everscale Deep Tech heading is already filling up with a lot of useful articles, and today we’re bringing you a new one entitled "Everscale network monitoring." The number of dApps and users in Everscale is constantly growing. And as activity increases, network-wide security plays a critical role. This is why a powerful monitoring system that adapts to changing conditions was developed in the network. But what is it capable of? Find out in the article🔗 #DeepTech#Analysis#Blockchain

Everscale Deep Tech: Smart contracts paying rent on Everscale🚀 We conclude today with another educational Everscale Deep Tech article. This time, the topic is "Smart contracts paying rent on the Everscale blockchain." What is the main issue with smart contract storage, and why should smart contracts pay rent? What are the storage fees? Find out in the new article! The text is supplemented with examples and animations. We hope you’ll find the latest installment of the feature useful and informative! #DeepTech#Analysis#Blockchain

Everscale Deep Tech: Actor Model🚀 It's time for a new Everscale Deep Tech article! This time, the topic is the "Actor model in Everscale.” The article explains what the actor model is, particularly in terms of Everscale, and how it is used in the network. We wrote the article in the most accessible language possible to ensure that all community members can immerse themselves in Everscale’s tech! By the way, all Deep Tech articles are interconnected, so we also recommend reading the previous ones: 📰Comparison of the most scalable blockchains 📰Application-specific blockchains 📰The similarities between the evolutions of blockchain technology and computer processors 📰Everscale's SMFT solving the blockchain trilemma #DeepTech#Analysis#Blockchain

Everscale Deep Tech: SMFT solving the blockchain trilemma🚀 We’re glad to tell you that the latest Everscale Deep Tech article has been published! This time, the topic is "Everscale's SMFT solving the blockchain trilemma." What is the blockchain trilemma? What is Everscale focusing on? What is SMFT, and how does the protocol solve the trilemma? You’ll find the answers to all these questions here🔗 Previous Deep Tech articles include: 📰Comparison of the most scalable blockchains 📰Application-specific blockchains 📰The similarities between the evolutions of blockchain technology and computer processors If you like the Everscale Deep Tech feature, react with 🔥 #DeepTech#Analysis#Blockchain