Injective has gone online to vote on the governance proposal of the main network integrated oracle machine Python Network
It is reported that the Cosmos ecological smart contract platform Injective has launched a governance proposal vote on the main network integration oracle machine Python Network, w
It is reported that the Cosmos ecological smart contract platform Injective has launched a governance proposal vote on the main network integration oracle machine Python Network, which will make Injective the only L1 that supports IBC and has Python on the chain, enabling users to seamlessly access cryptocurrency and real world asset data.
Injective has gone online to vote on the governance proposal of the main network integrated oracle machine Python Network
I. Introduction
– Explanation of Injective
– Brief on the Cosmos ecosystem
– Overview of governance proposal vote on the main network
II. Importance of Governance Proposal Vote on the Main Network
– Significance of Python Network integration
– Benefits of adding an oracle machine
– Implications for the ecosystem
III. Technical Overview of Injective’s Python Integration
– How Python on the Chain works
– Advantages of using Python on the Chain
– Compatibility with IBC
IV. Use Cases for Injective’s Python Integration
– Seamless access to cryptocurrency data
– Access to real-world asset data
– Integration with other protocols
V. Conclusion
– Summary of Injective’s Python integration
– Future possibilities for the ecosystem
VI. FAQs
– What is Governance Proposal Vote?
– Why is Python Integration so Important for Injective?
– Can Injective’s Python Integration be Integrated with Other Blockchains?
#Article:
Injective has taken another significant step forward in the cryptocurrency ecosystem by launching its governance proposal vote on the main network’s integration of the Python Network. Injective, known for its Cosmos ecological smart contract platform, has received widespread recognition for its innovative solutions in the blockchain industry.
With the proposed addition of the Oracle Machine powered by Python, Injective will become the only L1 protocol that supports IBC and has Python on the chain. This integration will allow users to effortlessly access cryptocurrency and real-world asset data. The proposal has the potential to revolutionize the way developers and users interact with the protocol.
The importance of this integration cannot be overstated. The Python Network integration will significantly enhance Injective’s capabilities, allowing for the seamless integration of cryptocurrency and real-world asset data. Additionally, the addition of an Oracle Machine will enable the platform to obtain reliable, complex data that can be utilized in various applications. With this integration, Injective’s ecosystem will become more versatile and better equipped to handle a wide range of use cases, opening up a new realm of possibilities for developers and end-users alike.
The technical overview of Injective’s Python Integration reveals the many advantages that come with this new addition. Python on the Chain is a smart solution that will allow decentralized applications (dApps) to easily process data thanks to the high level of functionality and flexibility offered by the programming language. The compatibility of Python with IBC will also provide easier interaction with other protocols.
The use cases for this integration are numerous, from accessing cryptocurrency data to real-world asset data. For example, Injective’s integration with cryptocurrency exchanges will allow users to perform algorithmic trading strategies, while access to real-world data will enable the creation of a plethora of DeFi products. Developers have the freedom to create custom-made applications and smart contracts to scale the ecosystem even further.
In conclusion, Injective’s Python integration is a significant step forward for the ecosystem. With its advanced capabilities and technical innovations, the platform is set to enhance its offering by introducing real-world asset data and providing an outstanding user experience. The outlook for the project is positive, and the governance proposal vote on the main network is just the first step in the platform’s exciting journey.
#FAQs
Q1. What is Governance Proposal Vote?
A: The Governance Proposal Vote is a protocol to make important decisions in blockchain ecosystems. These proposals are voted on by token holders, and if a proposal meets a predefined threshold, it is executed by the network.
Q2. Why is Python Integration so Important for Injective?
A: Python Integration is significant because it enables Injective to process complex data for use in a variety of applications. It also allows integration with other protocols, providing more flexibility for developers and users.
Q3. Can Injective’s Python Integration be Integrated with Other Blockchains?
A: Yes, Injective’s Python Integration can be integrated with other blockchains thanks to its compatibility with IBC. This means that different blockchain protocols can interact seamlessly through Injective’s ecosystem.
#
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/15553/
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.
Recommended articles
-
Galaxy Blitz Bridging the Gap: Web2 Players Get a Taste of Web3 Gaming
On March 16th, it was announced that Galaxy Blitz, a large Web3 game project, has opened a payment channel for web2 players. At that time, Galaxy Blitz can easily purchase in-game resources using over 130 fiat currencies and over 700 payment methods without any wallet knowledge and operation. Web3 game Galaxy Blitz opens legal currency payment channel Analysis based on this information:The announcement made on March 16th that Galaxy Blitz has opened a payment channel for Web2 players marks a significant milestone in the gaming industry. Galaxy Blitz is a large Web3 game project that initially catered only to players who have an existing knowledge on crypto wallets and the workings of Web3 gaming. This move was a positive one because it has expanded the reach and influence of the game project, which can ultimately translate to increased revenue. With the opening of the payment channel, Web2 players now have the opportunity to try out the Web3 game project without…
-
When was Aergo Coin (Aegis Coin) issued?
When was Aergo Coin issued? When was Aergo Coin issued? AERGO Coin is issued by
-
Former Deutsche Bank employee accused by US prosecutors of encryption fraud
On April 12, it was reported that a former investment banker of Deutsche Bank was accused by the US prosecutor of participating in encryption fraud, falsely promising investors hig
-
Moonbeam’s Poca Ecological Smart Contract Platform Announces First Batch of Ecosystem Grant Applications
On March 26, Moonbeam, the Poca Ecological Smart Contract Platform, said on Twitter that the Community Appropriation Committee had announced the results of the first batch of ecosy
-
TruBit enables cryptocurrency trading through Mexican bank accounts
On March 7, TruBit, the Latin American compliance cryptocurrency trading platform, officially announced the connection to the Mexican franc channel SPEI, which…
-
#Layer1 Blockchain Sui Network Launches Permanent Test Network: All You Need To Know
On March 30th, according to the official blog, Layer1 blockchain Sui Network announced the launch of a permanent test network. Unlike previous Waves 1 and Waves 2 test networks, th
-
Bitcoin Soars as Market Regains Confidence
On March 14, Bitcoin rose more than 11% in the past 24 hours, and its trading price on Tuesday exceeded $24700, recovering all losses on the weekend, hitting a three-week high. Bitcoin short positions of more than US $100 million were closed yesterday, reaching a two-month high Analysis based on this information:Bitcoin, the world’s most popular cryptocurrency, has soared more than 11% in the past 24 hours, regaining all losses over the weekend and reaching its highest trading price in three weeks. On Tuesday, March 14, Bitcoin’s trading price surpassed $24,700, an indication that the market is regaining confidence in digital currencies. The recent surge in Bitcoin’s value is attributed to several factors, including the recent announcement by Visa to launch a pilot program allowing customers to buy goods and services using cryptocurrency. This development has been seen as a significant step towards mainstream adoption of digital currencies, which has long been a concern for investors. Additionally, the recent market…
-
Open Exchange (OPNX) Hits Record High Trading Volume of $2.96 Million
On April 27th, Zhu Su, founder of Sanjian Capital, posted on social media that his crypto claims and trading platform, Open Exchange (OPNX), had a record high of $2.96 million in t
-
What does it mean to short gold in London (London gold position limit)?
What does it mean to short gold in London? What does it mean to short gold in L
-
Why is Trading Suspended for DOT (Why is the price of DOT not rising)?
Why is trading suspended for DOT? Many projects in the Polkadot ecosystem have
-
What is the content of blockchain (what major does blockchain study)
What is the professional content of blockchain? What is the professional content of blockchain? In the departments of computer science and Electronic engineering, there are special courses to explain, which mainly have three aspects. The first is mathematics, statistics, and cryptoeconomics; The second is the knowledge points in the field of information technology; The third is in the field of economic theory; The fourth is in the financial field. These all involve the learning and research of various aspects of computer technology. So, what professional content is blockchain? We can start by understanding the following sections What is the major of blockchain?What is blockchain? What is blockchain technology and why will it affect its future development? We can approach this issue from three perspectives. 1. What is blockchain; 2. Blockchain is a concept of distributed ledgers The first thing to understand is the ability to document and maintain a system For example, you are running a computer on a computer,…
-
A-Share Market Opening: Analysis of Shanghai Composite, Shenzhen Composite, and Blockchain 50 Indexes.
According to the news, the A-share market opened with the Shanghai Composite Index at 3364 points, a decrease of 0.09%, the Shenzhen Composite Index at 11729.8 points, an increase
-
Denis Dubnikov: The Recent Money Laundering Arrest in Amsterdam and its Implications
According to reports, Denis Dubnikov was arrested in Amsterdam in November 2021 for money laundering related to the distribution of ransomware and extradited to the United States i
-
Bitcoin and Ethereum Sales Skyrocket in a 24-Hour Window
According to reports, data shows that in the past 24 hours, the entire network has sold out $95.8203 million, of which Bitcoin sold out $41.4945 million and Ethereum sold out $23.9
-
The EU Approves “Crypto Asset Market Regulation” Law (MiCA)
According to reports, on Thursday, European lawmakers approved the \”Crypto Asset Market Regulation\” law (MiCA), which will become the first rule provided by the EU to regulate the
-
Doodles Launches DoodleMAP and Unveils Future Plans
It is reported that the NFT project Doodles announced the official launch of \”DoodleMAP\” on social media, aiming to provide a visual representation of the Dood…