Erigon receives a $200K grant
On April 29th, according to official sources, Erigon, an Ethereum client, stated that it had received a grant worth $200000 from BNB Chain to support its advancement in the develop
On April 29th, according to official sources, Erigon, an Ethereum client, stated that it had received a grant worth $200000 from BNB Chain to support its advancement in the development of a technology roadmap. This grant will help Erigon move closer to the “efficiency boundary” achieved by Ethereum derived blockchain, including the three main goals on the roadmap: Erigon 3, Erigon 4 (with upcoming updates), and Caplin.
Ethereum client Erigon receives a $200000 grant from BNB Chain
Introduction
On April 29th, 2021, Erigon announced that it has received a grant worth $200000 from BNB Chain. This grant will help to support the advancement of their technology roadmap for the Ethereum client.
Understanding Erigon
Erigon is an open-source Ethereum client, primarily built to provide enterprise-grade solutions for Ethereum-based projects. It is designed to provide security and high performance by implementing a faster and more reliable Ethereum Virtual Machine (EVM).
The Efficiency Boundary
The efficiency boundary is a term used to describe the theoretical limit of the EVM. It is the maximum speed that Ethereum-derived blockchain networks can attain while maintaining their security and decentralization levels. The efficiency boundary is a significant focus of Erigon’s technology roadmap.
Erigon 3
Erigon 3 is the upcoming version of Erigon. It aims to improve the reliability and security of Ethereum-based applications while maximizing performance. Erigon 3 will be designed to make the EVM more efficient, making it possible to process transactions faster and cheaper.
Erigon 4
Erigon 4 will be an extension of the upcoming Erigon 3. It aims to introduce additional features and capabilities to the Ethereum-based blockchain. Erigon 4 intends to provide more robust smart contract execution support and provide a more user-friendly developer experience.
Caplin
Caplin is a project by Erigon that aims to provide a new protocol layer for blockchain-based applications. It will enable blockchain applications to scale horizontally and improve inter-blockchain communication.
The BNB Chain Grant
The $200K grant from BNB Chain will help Erigon move closer to the efficiency boundary. It will assist Erigon in developing the technology roadmap for the upcoming Erigon 3, Erigon 4, and Caplin. Erigon plans to use the grant to hire additional developers and allocate resources to research and development.
Conclusion
Erigon’s receipt of the $200K grant from BNB Chain is a significant milestone for the Ethereum client. The grant will help Erigon achieve extraordinary advancements in the development of their technology roadmap. The upcoming Erigon 3, Erigon 4, and Caplin will likely play significant roles in the future development of blockchain-based applications.
FAQs
1. What is the efficiency boundary?
– The efficiency boundary is the theoretical limit of the EVM, i.e., the maximum speed that Ethereum-derived blockchain networks can attain while maintaining their security and decentralization levels.
2. How will Erigon 3 improve the performance of Ethereum-based applications?
– Erigon 3 aims to make the EVM more efficient, making it possible to process transactions faster and cheaper.
3. What is Caplin?
– Caplin is a project by Erigon that aims to provide a new protocol layer for blockchain-based applications. It will enable blockchain applications to scale horizontally and improve inter-blockchain communication.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/metaverse/19787.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
What is the use of bidr coins (bill coins)
What is the use of bidr coins? Specifically, FIDR trades through decentralized autonomous platforms. Users can entrust CID to others to obtain Vidr tokens (vidr), use Siddharth to buy VIDD on Bittrex Exchange, and then convert it to another Fiat money midr on bitrex. Users holding Midr can earncan also be obtained from precious metals such as nedgertoken or platinum Bil CoinAccording to official news, the recently launched Bil (Bicoin) on the Coin An Exchange is a decentralized asset management project based on blockchain technology It is reported that BI is about to release a new governance token, Bili, named after its native token Bil and will serve as one of the cornerstones for future ecological development. According to the previous report, BI will launch the third round of community public offering on July 18. Participants include: founder Wang Xiaoyun, Bitfinex Chief Technology Officer Xu Mingxing, Bibox Product Director Li Hui and other industry veterans, experts and scholars.
-
Federal Reserve Rethinking Loophole in Covering Up Losses on Securities Held by Banks in Silicon Valley: An Overview
According to reports, the Wall Street Journal stated that the Federal Reserve is rethinking the loophole in covering up losses on securities held by banks in Silicon Valley; There
-
How Celsius Network’s Legal Troubles Could Impact the Company and Customers
According to reports, developer Cam Crews has compiled an online chart detailing the lawyer and consultant fees Celsius will need to pay in bankruptcy proceedings. According to dat
-
Understanding The Current Trend In The A-Share Market
According to news, the A-share market opened with the Shanghai Composite Index at 3283.12 points, a decrease of 0.08%, the Shenzhen Composite Index at 11228.46 points, a rise of 0.
-
EtherMail secures $4 million funding round
It is reported that EtherMail, the Web3 e-mail solution, completed the pre-A round of financing of US $4 million, which was led by Draper Associates and partic…
-
Porsche Launches PION NFT Airdrop for Original Founders and Holders
It is reported that Porsche NFT project PORSCH Ξ Announced on the official website that “PION” has been launched to the original founders and NFT holders Ξ ERS CO-PILOTS “airdrop,” PION Ξ ERS CO-PILOTS “series has been launched in OpenSea, the floor price is about 0.16 ETH, and the total transaction amount has reached 143 ETH up to now. Porsche NFT project PORSCH Ξ Start “PION Ξ ERS CO-PILOTS “air drop Analysis based on this information:Porsche has recently announced that its NFT project, PORSCH Ξ, has launched a new series called “PION Ξ ERS CO-PILOTS.” This new series has been exclusively created for the original founders and NFT holders of the project. Porsche is offering this new collection as an airdrop to its existing community. The PION Ξ ERS CO-PILOTS series has been listed for sale on OpenSea, one of the largest NFT marketplaces. The floor price for the collection is 0.16 ETH, and since its launch, the total transaction…
-
What currencies can be supported by the IM Wallet (Supported Currencies by IMKEY)?
What currencies can be supported by the IM Wallet? The IM Wallet is a multi-chai
-
The Rise of Whale Bridging Users on zkSync Era
On April 28th, according to data disclosed by Nansen Research on social media, the top 25 top whale bridging users on zkSync Era currently hold 32% of the total holdings of on chai
-
Wal Mart Apollo Files Trademark Application for Sam’s Club: What This Means for the Future of Virtual Reality in Retail
On April 5, it was reported that Wal Mart Apollo, a subsidiary of Wal Mart, an American retail giant, had submitted a trademark application for \”Sam& # 39; s Club\” in the United St
-
Is Bitcoin’s Price Going to Fall? Here’s What Prof. Jeremy Siegel Believes
Jeremy Siegel, emeritus professor of finance at the Wharton School of Business at the University of Pennsylvania, is reported to predict that the price of Bitcoin will fall when pe