Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automatically execute predefined actions when specific conditions are met, operating on a blockchain. This enables automated, trustless transactions and the creation of decentralized applications.
Context
The functionality and security of smart contracts are central to the operation of decentralized finance (DeFi) protocols and non-fungible tokens (NFTs). News coverage often addresses the development of new smart contract languages, audits to identify vulnerabilities, and the legal implications of code-based agreements. Debates persist regarding their enforceability and the potential for exploits that could impact digital asset holdings.
This research formalizes Maximal Extractable Value dynamics through a multi-stage game, revealing systemic inefficiencies and quantifying mitigation strategies.
A novel system leverages large language models and retrieval-augmented generation to automate smart contract property creation, enhancing security and accessibility.
This collaboration streamlines investment fund management via blockchain, enhancing operational efficiency and transparency for institutional participants.
Cardinal introduces the first Bitcoin DeFi primitive on Cardano, enhancing ecosystem liquidity and expanding interoperability for decentralized applications.
Researchers introduce a formal theory of Maximal Extractable Value, providing a rigorous framework to understand and counter economic attacks in decentralized systems.
This initiative establishes a robust framework for secure, efficient interbank settlements and tokenized asset exchanges, enhancing operational integrity and liquidity across financial markets.
This unprecedented national-level DAO implementation establishes a new precedent for decentralized governance, enhancing citizen participation and operational transparency.
The Pectra upgrade fundamentally refines Ethereum's staking architecture and introduces native account abstraction, streamlining user interaction and bolstering protocol resilience.
Base integrates cross-chain interoperability with Solana, expanding its architectural reach while advancing decentralization through token exploration.
This initiative establishes foundational infrastructure for autonomous, secure inter-satellite transactions, optimizing resource allocation within the nascent space economy.
Mutuum Finance introduces a decentralized lending and borrowing protocol on Ethereum, enhancing capital efficiency and yield generation with an overcollateralized stablecoin.
A rigorous model of Maximal Extractable Value provides a foundational framework for proving contract security and mitigating adversarial value extraction.
The Ethereum Foundation has restructured its privacy initiatives, launching a dedicated team and roadmap to embed end-to-end confidentiality across the protocol stack.
Google Cloud's AP2 protocol integrates Web3 payments for AI agents, standardizing on-chain transactions and fostering a new era of automated digital commerce.
Aave's v4 upgrade, featuring a Hub-and-Spoke architecture and Reinvestment Module, optimizes capital allocation and enhances user experience in DeFi lending.
Enterprises leverage distributed ledger technology to optimize commodity supply chains, driving transparency and reducing operational friction across global markets.
This collaboration establishes a foundational identity layer for the metaverse, enabling seamless on-chain interactions and smart contract utility for digital personas.
This platform's immediate operability addresses critical enterprise pain points, enabling accelerated digital transformation and competitive advantage through decentralized solutions.
Uniswap v4 introduces modular "hooks" to its AMM, transforming it into a developer platform that significantly reduces gas costs and fosters unparalleled protocol-level innovation.
This initiative establishes a decentralized payments infrastructure for the burgeoning space economy, enabling autonomous machine-to-machine transactions and unlocking new operational efficiencies for satellite-based services.
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