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What is s914t used for (s9146)?

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s914t is used for what s914t is used for.Based on the principle of the Bitcoin b

What is s914t used for (s9146)?

s914t is used for what s914t is used for.

Based on the principle of the Bitcoin blockchain, it is a smart contract platform based on the Proof of Work (PoW) consensus algorithm. Its purpose is to improve network transaction speed and scalability through this mechanism, while making it more reliable, efficient, and easy to use by utilizing the special features of cryptocurrency. Therefore, it is also called “Decentralized Validator,” a decentralized node running on Ethereum that can provide services for various projects in the Ethereum ecosystem. (BitcoinMagazine.com)

s9146

According to reports, s9146 has released its main chain code library in a recent update.

According to a research report submitted by developers to the National Institute of Standards and Technology (NIST) of the United States:

“We have discovered a novel approach to address some challenges on the blockchain: transaction size issue.” This research was proposed with the support of an open-source project launched by NistLabs for building blockchains. The proposal also attempts to use a new smart contract language developed by Solidity, an independent software engineering company founded by Ethereum’s founder, Vitalik Buterin.

The team believes that although there are some significant vulnerabilities, the current upgrade is still in its early stages.

In addition to fixing bugs and mitigating gas fees, nST will also improve the security performance of cross-chain communication protocols, especially in terms of data transmission. (coindesk)

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