To make this feature possible, Redefined lets the user write an address or username for each network into the Arbitrum smart contract through a “manage” tab within the app. Once the addresses are listed in the contract, any person can initiate a transaction to the correct address using a “send” function within the app. In order to send funds, the sender only needs to know the recipient’s Redefined username, not the recipient’s name or address on any particular chain.
Independent gaming developer Metaverse Game Studios, which boasts a host of developers that have worked on various AAA titles, has announced a partnership with Web3 development platform ImmutableX to continue building Angelic.
It refers to the evolution of web utilization and interaction which includes altering the Web into a database, with the integration of DLT (Distributed Ledger Technology blockchain is an example) and that data can help to make Smart Contracts based on the needs of the individual.
The unsolved issue with the cryptocurrency industry is not actually price volatility (and I say this after a trillion-dollar market crash followed by the current “crypto winter”) but scalability. Time and time again, we have seen promising projects beset with scalability issues.