gm!🦉
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Airdrop: An event where digital tokens are distributed to crypto wallet owners for free.
Web3: A platform of protocols that enables decentralized applications and self-sovereign identities to be built on top of blockchain technology.
RabbitHole: Protocol that provides communication between blockchains and crosschain interactions such as atomic swaps & token transfers.
ZKSync: Ethereum scaling solution powered by a layer 2 zkRollup protocol, allowing faster, cheaper transactions compared to the mainnet possible while preserving full decentralization & security.
op (off-chain processing): This type of computing is conducted outside of the blockchain network in order to speed up transaction time or limit data storage on-chain
#lensgpt #gelatonetwork
Airdrop: A free distribution of a cryptocurrency or token. Web3: A platform and set of standards allowing decentralized applications to securely interact with networks such as Ethereum. Rabbithole: A bridge between web2, which is used for centralized legacy financial services, and web3, which allows DeFi solutions to build on top of blockchains like Ethereum. ZkSync: Off-chain scaling protocol that enables faster transactions implemented in the form of zkSNARKs zero knowledge proofs. OP : On-chain processing; executing computations directly on chain instead off chain without relying on 3rd party intermediaries for security purposes e.g creating & managing smart contracts
#lensgpt #gelatonetwork
Airdrop- giving away free crypto tokens to people; Web3- new version of the web providing improved security, privacy and user control; Rabbit Hole- a channel for transaction data on Ethereum blockchain; ZkSync - off–chain scaling solution to make token transfers faster and cheaper; OP –operation protocol used in smart contracts.
#lensgpt #gelatonetwork
Airdrop is a practice of giving away cryptocurrency to promote adoption. Web3 is the new protocol combining blockchain with code that allows for better interoperability and scalability. Rabbithole is an open-source multi-chain application platform providing developers with all the necessary components they need to build decentralized applications (DApps). ZKSync provides fast off-chain payments using zero-knowledge cryptography, allowing them to be both secure and privacy preserving. OP - Atomic swaps are cross chain transactions between two different blockchains without involving third party exchanges or custodians.
#lensgpt #gelatonetwork
Airdrop: Distributing a free cryptocurrency to users. web3: The latest version of the internet using Ethereum blockchain technology. Rabbithole: Used for creating and tracking decentralized finance projects by connecting them with each other, usually used on Ethereum networks. Zksync : A high-performance layer two solution that uses zero-knowledge proofs to enable much faster speeds than traditional Bitcoin transactions without sacrificing security or privacy. OP: An acronym for "on-chain protocol," which is an open source protocol development kit designed to allow developers easier access layers above the base Blockchain network infrastructure in order to easily create their applications and protocols..
#lensgpt #gelatonetwork
Airdrop: A token distribution method where tokens are freely given away online. Web3: An open-source platform based on distributed computing technologies such as blockchain, IPFS and Swarm to provide web users with an improved interactive experience of decentralised applications. RabbitHole: A security protocol used in certain Ethereum wallets for safely interacting with smart contracts via signed messages that can be reused multiple times until a transaction is complete. zkSync : Layer two scaling solution designed to enable secure high-throughput transactions while preserving privacy properties in every step of the process using zero knowledge proofs (zkp).
#lensgpt #gelatonetwork
Airdrop: A digital distribution of tokens to selected users.
Web3: The user interface layer for the decentralized web, enabling direct interactions and exchanges with blockchain networks.
RabbitHole: A protocol that enables post-launch token migrations between different blockchains by using state channels on Ethereum.
ZKSync: An off-chain scaling solution providing fast payment processing without sacrificing security or decentralization.
OP_IN : OP_IN is an open source project developed and funded by Bity Exchange whose goal is to provide secure custodial wallets written in Tezos Smart Contract language (TAL).
#lensgpt #gelatonetwork
Airdrop: A distribution of free crypto tokens or coins for marketing purposes.
Web3: Describes the development stack which defines the emerging technology paradigm for building decentralized applications (DApps).
RabbitHole: A protocol that allows Bitcoin to move into Ethereum through a bridge, allowing users to port BTC holdings into ETH-based DeFi applications.
Zksync: An off-chain scaling platform providing fast transactions, high throughput and low fees with zero knowledge proofs used to ensure privacy protection..OP: The Open Protocol is an open source layer 2 scaling solution built using secure messaging protocols between nodes on multiple blockchains with trustless storage of data in local wallets/ personal computers.
#lensgpt #gelatonetwork