Evernode Announces Release of Hooks V3

It is reported that Evernode, a two-layer decentralized licensed smart contract platform based on XRP Ledger, has announced the release of Hooks V3, the latest version of the platform’s beta testing. Relevant users will be invited to switch from Hooks v2. It is reported that the third iteration registration of the test network will be open within the next 7 days, so users have sufficient time to reinstall the Evernode software and migrate to the new version. It is expected that the main network will be launched as soon as the third quarter to the fourth quarter of 2023. （U.today）

The XRPL two-layer smart contract platform Evernode releases Hooks V3, and the main network may be launched in Q3 and Q4

Decentralized technology has been disrupting traditional systems and transforming various industries. The rise of blockchain technology has revolutionized the way we conduct transactions and share information. In line with this, Evernode has announced the release of Hooks V3, the latest beta testing version of their smart contract platform based on XRP Ledger. This article will discuss the features and advantages of Hooks V3 and how it is set to impact the decentralized technology sector.

Introduction to Evernode and Hooks V3

Evernode is a two-layer decentralized licensed smart contract platform based on XRP Ledger. It is designed to create trust and transparency within the blockchain sector by introducing new features such as smart contracts, decentralized exchanges, and cross-chain asset transfers. Hooks V3 is the latest version of Evernode’s beta testing platform that aims to further enhance the platform’s capabilities and make it more user-friendly.

Features of Hooks V3

Hooks V3 is packed with numerous features that aim to improve the user experience and create a more efficient and effective platform. Some of these features include:

1. Multi-Signature Support

Hooks V3 has multi-signature support, which means that users can choose to require multiple signatures before executing a transaction. This feature enhances the security of the platform and makes it more difficult for attackers to manipulate the system.

2. Customizable Smart Contracts

Hooks V3 introduces customizable smart contracts, enabling developers to create tailor-made contracts that fit their specific needs. This feature makes it easier for developers to design smart contracts that suit their unique requirements and enables them to execute complex transactions with minimal effort.

3. Improved Transaction Speed

Hooks V3 leverages the XRP Ledger’s high transaction speed, making it possible to carry out transactions quickly and efficiently. This feature sets Evernode apart from other decentralized platforms that suffer from slow transaction speeds and high transaction fees.

Advantages of Hooks V3

Hooks V3 offers various advantages that set it apart from other smart contract platforms.

1. Enhanced Security

Hooks V3 is built with security in mind, incorporating features such as multi-signature support to make the platform more secure. This feature creates trust and transparency within the platform, enabling users to carry out transactions without worrying about security concerns.

2. User-Friendly Platform

Hooks V3 is designed to be more user-friendly, with customizable smart contracts that enable developers to create contracts that match their specific needs. This feature saves time and money, creating a more efficient platform that is easy to use for developers and end-users alike.

3. High Transaction Speed

Hooks V3’s improved transaction speed makes it possible to execute transactions quickly and efficiently. This feature ensures that users can carry out large volumes of transactions without worrying about slow speeds, making Evernode a popular choice for traders and investors.

Migration to Hooks V3

Users of Hooks V2 will be invited to switch to Hooks V3, and the registration for the third iteration test network will be open within the next 7 days, giving users enough time to install and migrate to the new version. It is expected that the Evernode main network will be launched between Q3 and Q4 of 2023, creating an immersive user experience and a seamless trading platform.

Conclusion

In conclusion, Hooks V3 is set to revolutionize the decentralized technology sector, introducing new features that enhance security, improve efficiency, and create a more user-friendly platform. Evernode’s focus on designing a custom-tailored platform that promotes trust and transparency will undoubtedly make it one of the most preferred smart contract providers in the industry.

FAQs

1. What is Hooks V3?

Hooks V3 is the latest beta testing version of Evernode’s smart contract platform based on XRP Ledger. It introduces new features such as customizable smart contracts, multi-signature support and improved transaction speed to enhance the user experience.

2. When will Evernode’s main network be launched?

The main network is expected to be launched between Q3 and Q4 of 2023.

3. What are the advantages of Hooks V3?

Hooks V3 offers various advantages such as enhanced security, a user-friendly platform, and high transaction speed, making it a popular choice for traders and investors.