Announcing HIP-540: Enhanced Token Key Management on Hedera
HIP-540 enhances token creation on Hedera by enabling the removal or modification of keys, improving flexibility and security. It allows lower privileged keys to update to invalid keys, reducing risks for NFT holders and treasury. Update your SDK to the latest version to try out this functionality.
Deprecation: Token Information No Longer Returned for Three Consensus Node Queries
Token information returned by getAccountInfo, getAccountBalance, and getContractInfo will be deprecated in the near future. Exchanges, wallets, and dapp developers can access equivalent information from the mirror node REST API.
Enabling Dynamic NFTs on Hedera: Exploring HIP-646, HIP-657, and HIP-765
Dynamic NFTs, enabled by mutable metadata fields, are a significant development in the Hedera ecosystem. This blog explores how three Hedera Improvement Proposals—HIP 646, HIP 657, and HIP 765—enhance token metadata and add a token metadata key to revolutionize digital ownership for creators and users.
The Evolution of Hedera Services: Modularization in v0.49
The release of services software version v0.49 in May 2024 introduces a significant engineering update to the core code run by Hedera consensus nodes. This article expands on the details and benefits of the modularization effort and outlines the rigorous testing processes undertaken to ensure software reliability.
Account Abstraction at the Protocol Level
This article will cover the account abstraction concept in a nutshell, how Web3 adoption is held back and how account abstraction removes the barrier, protocol-level account abstraction and how it differs from current account abstraction implementations, and Hedera’s unique capabilities among EVM networks that enable protocol-level account abstraction.
Introducing a New Testnet Faucet and Hedera Portal Changes
Starting February 1, 2024, a new testnet faucet enables developers to anonymously collect up to 100 test HBAR every 24 hours. Also, the allocation of test HBAR for Hedera Portal accounts is now 1,000 tokens every 24 hours with a manual request. In addition, API keys are now available from the Hedera Portal for re-creating accounts and querying account ID information programmatically after testnet and previewnet resets. The goal of these changes is to continuously improve the development experience on Hedera.
Smart Contract Verification on Hedera
The ability to verify smart contracts is crucial for various applications, especially in the DeFi sector. Introducing Smart Contract Verification on Hedera bolsters transparency and security between smart contract owners and users. This verification process is integral in establishing trust in the smart contracts deployed on the Hedera network.
Hedera Processes Thousands of Transactions Per Second… See How that Number is Calculated
The publicly reported transaction count on Hedera does not include the intra-node gossip communication needed to reach consensus. Only transactions submitted and paid for by external parties are included in the TPS count. Read this article to learn how to calculate TPS count from on-chain data anyone can access.
Streamlining Consensus: Throughput and Lower Latency with (about) Half the Events
Contributors to the Hedera codebase continually innovate based on how well the system responds to real-world traffic load and scenarios. Read this article to learn how recent efforts have resulted in an optimization in the core algorithms, specifically optimizing how nodes select events as other-parents to ensure a more efficient hashgraph is created during the consensus process.
Hethers.js Being Deprecated in Favor of EVM Tooling
With Hedera becoming increasingly EVM-equivalent, the need to maintain a separate library like hethers.js is diminishing. Hedera core contributors are announcing the deprecation of the hethers.js library by October 20, 2023.