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Unique Network Launches Developer Web3 Friendly SDK Tool

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London, United Kingdom–(Newsfile Corp. – October 5, 2022) – Advanced Web3 technology provider Unique Network has announced availability of a new NFT software development kit, making it easier than ever for developers to create which provides a framework for rapid dApp development on the Unique Network blockchain.

Developers can now use Unique Networks tool’s to access the benefits of the most efficient blockchain built using Substrate. The SDK was purposely built as a Javascript/Typescript library, providing access to over 13.8 million Javascript developers worldwide. As a globally popular coding launchage, it is critical that they have appropriate access to all of the advanced features of blockchain technology.

This new tool enables acceleration of new features being developed within the Web3 ecosystem. “Now more than ever, we need to provide easily accessible tools that allow the developer community to experiment, discover and build Web3 applications. We are excited to be putting the power into the hands of developers today,” says Alex Mitrovitch, CEO of Unique Network.

Unique network is, at it’s core, a Substrate-based parachain. This implies a Rust-based development platform as Substrate itself is a Rust-based framework. On the other hand, Unique Network also has a fully capable EVM integrated with the Unique blockchain. EVM offers access via an Ethereum’s Solidity-based platform/framework to the Unique blockchain. Hence, developers have the option of choosing an Substrate-first or an Ethereum-first path of development.

Although Ethereum-first path may seem a convenient approach (wider developer base) the true nature of this option is portability; a migration path; a means to quickly adapt and build upon the existing work.

The Substrate-path on the other hand accesses all the functionality, versatility, speed and features of the blockchain at a core level providing the peak efficiency and utility for which it was designed.

The SDK allows developers with backgrounds in both Rust and Javascript to access the functionality, versatility, speed and features that are a core part of the Substrate designed Polkadot ecosystem. This in turn, provides efficiency and utility for all applications.

Unique Network SDK

This new SDK uses a REST API to make calls to a publicly accessible node invoking calls that access methods that operate directly on the blockchain. In other words, it operates via a thin client.

This method of providing a high-level abstraction to the Substrate level core blockchain operations has the following benefits:

  • Avoids the need to keep track of library versioning and dependencies
  • Provides the highest availability as the servers are maintained by the core team that is actively developing the blockchain core 
  • Provides a low-maintenance solution.

This approach also provides a way to maintain a high level of operational stability and to some extent a way to future-proof current dApp development efforts in a rapidly evolving underlying technology. This is a crucial benefit in the context of an ecosystem in which both the relay chain and parachain have a very fast development cycle with aggressive minor/major update schedule. There are certain enterprise contexts in which the application of this approach may not be a best fit. In this setup, the task of maintaining availability and keeping the service up to date is delegated to the maintainers of the client.

About Unique Network

Unique Network is an infrastructure for the next generation of NFTs. The first NFT chain for Kusama and Polkadot, Unique Network provides developers independence from high network transaction fees, dense upgrades, and siloed NFTs. The Unique Network team has partnered with numerous NFT projects in order to deepen the integrations needed to expand NFT use cases and usability.

Media Contact: 
Charu Sethi, CMO of Unique Network
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/139562

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Patelco Credit Union Joins Metal Blockchain’s Banking Innovation Program

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Blockchain

Binance Announces Adjustment of Tick Size for Spot Trading Pairs

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Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.

Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.

Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.

Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.

Source: blockchain.news

The post Binance Announces Adjustment of Tick Size for Spot Trading Pairs appeared first on HIPTHER Alerts.

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Blockchain

OKX Announces Support for New USDC Spot Trading Pairs

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According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.

In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.

OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.

For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.

Source: blockchain.news

The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.

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