Ethereum

IOTA

Wrapped Bitcoin

Shimmer

Standard

<div class="flex flex-grow flex-col gap-3">
<div class="min-h-[20px] flex flex-col items-start gap-4 whitespace-pre-wrap">
<div class="markdown prose w-full break-words dark:prose-invert light">
<ul>
<li><strong>IOTA introduces Native Assets and NFTs on Layer 1.</strong></li>
<li><strong>Layer 2 Assets can be created within Smart Contracts for enhanced versatility.</strong></li>
</ul>
<hr />
<h2 id="introducing-native-assets-on-iota">Introducing Native Assets on IOTA</h2>
<p>Layer 1 Assets, also known as &#8220;Native Assets,&#8221; can now be created with the <a href="https://blog.iota.org/tokenization-on-the-tangle-iota-digital-assets-framework/">IOTA tokenization framework</a>. This allows for the creation of NFTs and new tokens on Layer 1 using new output types. Native assets can be transferred on the Tangle without fees and between different smart contract chains.</p>
<p><img decoding="async" loading="lazy" class="img_ev3q medium-zoom-image" src="https://wiki.iota.org/shimmer/assets/images/layer2-tokenized-assets-d7df581acb16ce123ccc9e76e092ed10.png" alt="tokenized-assets" width="1828" height="1036" /></p>
<h2 id="creating-native-tokens-in-shimmer">Creating Native Tokens in Shimmer</h2>
<p>In Shimmer, users can create Native tokens out of thin air as long as they fulfill the storage deposit. These native tokens can have various types of metadata. Some interesting Tangle Improvement Proposals (TIPs) related to native tokens include TIP-30: Native Token Metadata Standard and TIP-33: IOTA Public Token Registry.</p>
<h2 id="nfts-unique-digital-assets">NFTs: Unique Digital Assets</h2>
<p>First introduced on the Ethereum blockchain with the ERC-721 standard, NFTs are unique and verifiable tokens used to prove ownership of digital goods. NFTs have many use cases, including digital art, in-game assets, event tickets, DeFi applications, voting in DAOs, and Metaverse objects. <a href="https://github.com/Kami-Labs/tips/blob/main/tips/TIP-0027/tip-0027.md">TIP-27</a> focuses on IOTA NFT standards.</p>
<h2 id="exploring-layer-2-assets-and-asset-wrapping">Exploring Layer 2 Assets and Asset Wrapping</h2>
<p>Layer 2 Assets, created within Smart Contracts, can be minted out of thin air without needing a base token. For the Wasm VM, there are ERC721 Standards implemented in Rust, Go, and Typescript. EVM Assets can be used in the IOTA Smart Contract EVM Chain, utilizing the OpenZeppelin Smart Contracts library.</p>
<p>Asset wrapping, as mentioned in the IOTA tokenization framework specifications, allows a smart contract that handles Layer 2 tokens to wrap its tokens into a native asset and unwrap Native Assets (Layer 1) tokens into Layer 2 representations. This enables sending assets across both Layer 1 and Layer 2 chains. To send Layer 2 assets to another chain, they must first be wrapped as a native Layer 1 asset.</p>
<p>&nbsp;</p>
</div>
</div>
</div>
<p>The post <a rel="nofollow" href="https://www.ethnews.com/wrapped-bitcoin-or-wrapped-ethereum-on-iota-everything-is-possible/">Wrapped Bitcoin or Wrapped Ethereum on IOTA, Everything is Possible</a> appeared first on <a rel="nofollow" href="https://www.ethnews.com">ETHNews</a>.</p>

Wrapped Bitcoin or Wrapped Ethereum on IOTA, Everything is Possible

목차

ETHNews

2023년 4월 14일에 게재된 다른 기사

Using decentralized exchanges Part 2: How to farm and pool on DEXs

Polkadot price analysis: DOT retrace back to $6.70 after a bullish momentum

OpenBazaar Marketplace Says it’s Set to ‘grow again from the ashes’

Litecoin (LTC) Miners Prepare for a Rise!

U.S. banks that have weathered the storm: Details

Bitcoin Outflows Reached $368M in Second Week of April: BofA Strategists

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!