Birbswap.io is an alternative Frontend for UniswapV3 which prioritizes decentralized and neutral tokens and ditches the central bank IOUs (tether, USDC, WBTC) as they are unhealthy for Ethereum’s Ecosystem long-term.
‘Birbswap Frontend’ leverages all of the existing liquidity in UniswapV3, but it also upgrades the ‘Router’ so that it can more effectively hop along neutral, decentralized, trustless tokens like 0xBTC, BIRB, BSOV, WETH, and DAI.
While there are no current plans to use BIRB to govern BirbSwap, we believe that is a great idea for the future so that the community can help direct the upgrades to this alternative decentralization-focused…
DAI is intended to be a trustless and neutral form of currency on the Ethereum Mainnet whose price is tied to $1 US. A stablecoin. In this way, DAI is better/safer than USDC and Tether because while those assets have trustful central custodians (banks), DAI is managed only by smart contracts and decentralized price oracles.
However, there is a demon lurking under the surface: Over 51% of the assets that are collateralized and backing DAI_v2 are centralized trustful assets including USDC and WBTC which are IOUs offered by centralized banks.
This is a real problem because it means that DAI…
This article attempts to explain the roaring success of the Ethereum Ecosystem by examining its approach to solving fundamental problems related to blockchain transaction execution.
The most defensive and conservative neutral token contract in the Ethereum EVM, except perhaps WETH. What are its defenses? Possible weak points?
Note: This token has no relation to any existing version of ‘Bitcoin’, it is not pegged or associated. It is effectively a new mineable version, like a fork with no history. Intended for the EVM+DeFi specifically.
Many NFTs (non-fungible tokens) in Ethereum are representative of a work of art, or some sort of multimedia file.
In this case, the token itself is minted by the Artist (ERC721 or ERC1155 standard) and an attribute of the token, known as the Token URI, is set to a hyperlink to the media file, such as this:
(Synthesized Sunset — Pop Wonder World Collection)
What is IPFS and why do tokens do it this way?
A naive approach would host the media file (image/video/script) on a centralized server, such as Amazon or your own personal server so the media…
As a celebration to kick off the Gasless-NFT-Creation application (Deploy.Art) I have released an NFT scavenger hunt into the wild!
The un-minted NFT above is a 1/1 ‘Punk1164: Grafitti’ and there exists a set of 5 unique images for this project.
Deploy.Art’s killer feature is that it allows Artists to digitally sign an offchain ‘NFT Definition’ and share that as a link. Then, an NFT collector who visits the link can use the digital signature and definition data to mint the NFT on-chain on Mainnet!
The offchain digital signature of the artist locks all of the attributes of the NFT…
Sushiswap developing its own Token and then paying its platforms’ fees to holders was very innovative. It was so innovative that Uniswap launched their own token. Curve has their own token. Yearn has their own token. There are new DeFi Dapps launching every day and they all have their own token.
These platform-related tokens have very positive effects. They create a community of holders who ravenously create content, memes, shill, and promote the respective platform because they have a vested interest in the success of the application. If the Dapp does well, they will earn more fees! …
Any business that is transacting value needs to make sure that it is:
However, when handling massive amounts of transactions, it can be difficult to make sure that these requirements are accomplished. That is why businesses hire auditors and accountants.
Ethereum mitigates the need to hire auditors and accountants.
Tokenminingpool.com accepts mathematical solutions from miners (users) and then uses that data to mint new 0xBitcoin Tokens. The pool then pays out miners based on their micro-contributions. …
Cryptobabies, bitbirds, that cool NFT you just picked up. It probably has chaindata with poor composability and poor authenticity verification. Why?
Hundreds or Thousands of new NFT tokens are being minted in monolithic contracts that contain other art projects. Particularly glaring examples are the OpenSeaSharedStorefront contract and the Rarible contract. Each of those contracts contain a jumbled mismash of thousands of different art project tokens from thousands of artists.
In the contract, token ID 18338 might be a ThiccPokemon and token ID 918101 might be a Cryptobaby. Token ID 19002181 might be a fake ThiccPokemon. …
NFT collectors have been asking for a way to 'bid 1 ETH for any Mooncat' or 'bid 20 ETH for any Cryptopunk’.
Now, a new type of exchange 'BuyTheFloor.com' let’s buyers make these types of bids for NFTs! Better still, bidders do not need to pay any gas to bid (besides 1-time approve.) The bids are performed using offchain Signatures so you can make as many bids as you want for free!
When an owner of an NFT sees a bid that they like, they simply sell their NFT to the bid using the unique signature data using an on-chain…