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What is Ethereum Snapshot (Ethereum CSDN)

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What is Ethereum Snapshot? Ethereum Snapshot is a blockchain record used to sto

What is Ethereum Snapshot (Ethereum CSDN)

What is Ethereum Snapshot? Ethereum Snapshot is a blockchain record used to store transactions. It uses hash values to send and receive information without significantly affecting block space and network security. However, since the hash cannot be verified by the validator after creation, it can cause transaction stalls or delays. In simple terms, it involves including a transaction within a byte and obtaining a deterministic array for state transitions (State Channel). This process usually involves the user’s input key and whether the signature is associated with the contract. Therefore, it takes a long time to complete the confirmation to ensure the security of the chain.

Ethereum CSDN

Ethereum CSDN is a fully decentralized autonomous organization aimed at allowing participants to collectively manage the public network. By using Ethereum’s blockchain protocols such as Cosmos and Tendermint, developers can create their own projects and build their applications and services.

According to an article released by the Ethereum Foundation on September 1, 2020, titled “How to Make the Public Internet More Secure,” the work happening in the Ethereum community is highlighted: providing an open-source framework for public websites that allows anyone to build applications, tools, and other services based on their needs for public infrastructure. (Cointelegraph)

It is reported that CSDN is a decentralized distributed ledger platform launched by ConsenSys, which can be used to run Ethereum smart contracts and publish transactions or other financial products on-chain. (coindesk)

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