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What Is Axelar? As a blockchain that connects other blockchains, Axelar stands out among blockchain interoperability networks and cross-chain bridge providers. As a blockchain, it establishes a smart (programmable) transport layer, capable of running smart-contract logic. This allows the Axelar network to automate tasks and abstract away complexities for both developers and end users – sometimes known as chain abstraction. Cross-chain bridges and other cross-chain networks are dumb pipes. With Axelar network as a smart transport layer, the blockchain layer becomes: 💡 Abstracted for the user. With General Message Passing, applications send any payload & trigger multiple function calls across chains, enabling one-click UX. 💡 Abstracted for the app developer. The Axelar Virtual Machine automates complex tasks involved in managing token supply on multiple chains. #bitcoinhalving #Memecoins #WIF #SHIB #BullorBear
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What Is Solana (SOL)? Scalability is one of the biggest challenges in blockchain technology. As networks grow, they often face limitations in terms of transaction speed and confirmation times. Because Solana is built on a new architecture, it tackles these limitations without compromising security or decentralization. Founded in 2017 by Solana Labs' Anatoly Yakovenko, the Solana blockchain is now one of the most widely used blockchains in the world. Solana uses a number of innovations, such as PoH and parallelization, to efficiently process tens of thousands of transactions per second (TPS) in one global state machine. How Does Solana Work? Solana is a third-generation Proof of Stake (PoS) blockchain that has implemented a number of unique innovations to facilitate high throughput, fast transactions, and low fees: Parallelization: The ability to process more than one transaction at any given time. Proof of History (PoH): A method of verifying time without the need for a conventional timestamp. Tower Byzantine Fault Tolerance (BFT): A PoH-optimized version of Practical BFT. Turbine: A block propagation protocol that keeps the network in sync. Gulf Stream: A mempool-less transaction forwarding protocol. Solana Virtual Machine: Parallel smart contracts run-time.#BinanceLaunchpool #BullorBear #BullorBear #Memecoins #SHIB $SOL $BTC $ETH
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