By leveraging Hedera's architecture, Sirio integrates TWAP (Time-Weighted Average Price) calculations and HBAR/USD conversions, ensuring secure, resilient price feeds. This oracle-free method not only enabled seamless development but now enhances the protocol's security as a backup to traditional oracles.
Hedera is revolutionizing how blockchain data is consumed with the introduction of Block Streams, a unified format that consolidates existing event, record, and sidecar streams. This innovation simplifies data handling while offering developers enhanced verifiability, streamlined integration, and powerful new capabilities like state proofs and interledger communication.
The Dynamic Address Book on Hedera, introduced in HIP-869, marks a significant step toward decentralization by empowering node operators to manage their entries directly through secure, verifiable transactions. Explore how this update revolutionizes Address Book management and supports a decentralized ecosystem.
The Electric Capital Developer Report is a valuable resource for tracking developer activity across blockchain ecosystems, including Hedera. Add your project contributions to gain visibility for your work and tell the world about the innovation happening in the Hedera ecosystem.
Hedera charges fees based on the burden a particular smart contract transaction or query places on the nodes of the network. Although the concept originated from Ethereum, there are subtle yet key differences on Hedera.
HIP-850 - to be implemented on the network as the mainnet upgrades to v0.53 soon - proposes a significant enhancement to the Hedera ecosystem by granting Supply Keys the ability to update NFT metadata while the NFTs reside in the treasury account (the specified account that receives tokens created as the result of a Token Mint operation).
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.
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.
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.