In Comet there are 3 steps in consensus: propose, pre-commit, and commit....The more validators you have, the longer it takes to propagate data to all of them and get 2/3 to commit...Then another round “3” runs later, again committing new blocks (X3) with referenced certificates.

Chart of The Day: UST is Now a Top 3 Stablecoin UST’s growth has been remarkable in 2022, expanding...It now has an estimated market cap of >$600M, almost similar to Azuki which launched 3 months ago....through inflation, it has some drawbacks, namely: SOL is locked and requires a cooldown period of 2-3...

In this report, we dig into Bitcoin’s outlook as BTC enters back into the limelight after taking a backseat to the “summer of DeFi” craze. We unpack notable long-term indicators, exchange, and holder...

UTXO Model UTXO stands for unspent transaction output....condition (exclusive owner for each UTXO) Contract UTXOs – Contract UTXOs additionally also have code...spending condition A transaction consuming a contract UTXO creates a new contract UTXO with the same...

Bob’s wallet ****holds a single UTXO with 5 coins....The UTXO model used by Zcash heavily inspires the UTXO model used in dark pools....through a Merkle tree called “Bus” that processes UTXOs in batches with up to 64 UTXOs in each batch...To support multi-chain UTXOs, a “Ferry” Merkle Tree.

Smart Contracts With UTXOs As mentioned before, Fuel adopts a UTXO data model....In Bitcoin, the state is described as a UTXO set where each UTXO represents a particular state element...The difference is that some of these UTXOs are coin UTXOs and others are contract UTXOs....contract UTXO? ...

To mitigate the issues at hand, over the weekend the Balancer community proposed and pushed through 3...

...balance on input UTXOs is by default transferred to a new UTXO upon the destruction of the one holding...BRC-20s create a lot of unused UTXOs....mainly of Ethereum NFT collections like Punks and Bored Apes, Bitcoin Ordinals is catching up, with 3...native chain — Bitcoin has 3X the market cap of Ethereum, but Bitcoin’s top Ordinal collection is 1/3...

We went from analyzing UTXOs and HODL waves, to forecasting corporate adoption, to now parsing the statements...10 largest crypto assets (Dec. 2018) In other words, we thought it was the perfect time to drop a 60-page...BTC’s total market value is only 3% of total US public equity market cap (1.5% of global), 5% of total...

Beyond its UTXO model and parallel execution, Fuel promotes state-minimized designs that preserve the...A key innovation in Fuel’s design is its implementation of the UTXO (Unspent Transaction Output) model...Fuel’s multi-asset UTXO model supports handling diverse tokens across all these methods....For developers, it’s a playground of parallel processing and UTXO magic.

The idea here is that UTXOs in profit are more likely to sell to realize their gains....Additionally, UTXO profit doesn’t account for users who capitulate and take the loss....However, despite its shortcomings, BTC holders shouldn’t ignore UTXO profitability....As of Q1 2023, we see that the percentage of UTXOs in profit has hovered around 70%-80%.

...moment of regret (again) after the sale concluded and they were acknowledged by the Base ecosystem page...

BTC price has only matched the electrical cost of production (excluding all other costs of mining) 3...As mentioned before, Fuel adopts a UTXO data model....Smart contracts with UTXOs are long believed to not be practical....As the first tx consumed the UTXO, all the subsequent txs targeting the same contract UTXO failed because...

Unlike other networks like Ethereum, Monad, and Solana that use an account based model, Fuel uses the UTXO...Unlike the account model, where accounts hold balances and internal contract logic, UTXOs are independently...The use of native assets and a UTXO-based transaction model eliminates the unnecessary state changes...

The last year was massive for both Delphi Research and the broader Web 3 industry....Read Solana The Monolith Brands & NFTs: How Web 3 is a Game Changer for Brand Growth The froth of...Read Blur: A Fundamental Analysis of NFT Marketplaces Why Asia Will Lead Web 3 Gaming: Learnings From...

Then it identifies the unspent UTXOs for that address, and extracts the block data from its witness section...There are 3 well known implementations of the BitVM bridges & another CatVM based....Citrea uses connector source UTXOs to ensure the bridge operator doesn’t steal funds, and uses recursive...

Note: Glassnode categorizes long-term holders as UTXOs that have not moved coins for more than 155 days...Short-term holders are UTXOs that moved coins within the last 155 days....https://pythnetwork.medium.com/5e1f4c1743cc —Pyth (@PythNetwork) January 3, 2022...

The project’s ecosystem begins with Blank Page NFTs....Each Art Gobbler produces GOO tokens, which can be used to mint Blank Page NFTs and summon more Art Gobblers...Ive been talking about this for a while – I know personally every major big Web 2 platform has a Web 3...

Note: Long Term Holder is defined as UTXO with a minimum lifespan of 155 days a Long Term Holder (LTH...Short Term Holders (STHs) are defined by all UTXOs with a lifespan of fewer than 155 days.