Analysis of what the Star Tower Chain is and what it intends to do.
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Analysis of what the Star Tower Chain is and what it intends to do
What is Star tower chain? What are they going to do? First, let's learn about the background of Star tower chain. According to the verified information, it is a public chain in the DePin track jointly developed by the French and 17 technicians from 7 countries. What is Depin? Depin, whose full name is "Decentralized Physical Infrastructure Networks", is a new type of decentralized physical infrastructure network. The goal of this network is to integrate and activate decentralized physical resources, such as hard disks and computing power, to build a huge infrastructure network. This network is mainly divided into two parts: Physical Resource Network (PRN) and Digital Resource Network (DRN). PRN is committed to providing unique goods and services, while DRN focuses on the supply of digital resources. After understanding Depin, let's return to Star tower chain. What is Star tower chain doing? According to the information found online, Startowerchain is a Layer 1 innov...
How is the automatic execution of smart contracts achieved in the hop count network protocol of Star Tower Chain
In the hop count network protocol of Star Tower Chain, the automatic execution of smart contracts is achieved through a series of complex mechanisms and technologies. These mechanisms ensure the efficient, transparent and automatic execution of smart contracts in the blockchain network. The following is a detailed analysis of the automatic execution process of smart contracts in the hop count network protocol of StarTowerChain: I. Deployment of Smart Contracts Writing and Compilation: Firstly, developers write smart contracts using a specific programming language (such as Solidity) and compile them into bytecode recognizable by the blockchain network. Deployment to the Blockchain: The compiled smart contracts are deployed to the blockchain network of Star Tower Chain through the client application. During the deployment process, the bytecode of the smart contract is stored in a specific block of the blockchain and a unique contract address is generated. II. Triggering and Execution of ...
How does Startowerchain utilize the hop count network to reduce GAS consumption
In the hop count network protocol of Startowerchain, a mechanism similar to Chainlink Keepers might be utilized to achieve the automated execution of smart contracts. Specifically, smart contracts usually need to be triggered by an on-chain transaction to run and initiate state changes. Keepers are external accounts (EOA) that can trigger the execution of smart contracts based on predefined conditions under certain economic incentives. The development team, DAO, or protocol users can define the triggering conditions in the task and the rewards obtainable for completing the keeper task. Smart contracts typically execute automatically based on time (such as triggering a certain function at a specific time every day) or events (such as triggering a certain function when the asset price exceeds a certain threshold). Keepers monitor whether the predefined conditions are met. They use off-chain computing to execute the same smart contract function as on-chain. Once the function returns a val...