AVAX Inscription Market is about to open
Leave your address in the test network collection list, and 20 people will be randomly selected to participate in the test. The URL will be released within 2 days.
Please leave your ETH address in the comment area 🎄
#Avalanche
#aval
Ask for community input online
For transactions, do you want to use the UTXO model or the Account model?
For the account model, we will have stricter nonce requirements to deal with emergencies.
#avax
#insc
We are deeply touched by the solidarity shown within the $aval community.
It is difficult to imagine a community like this not achieving success.
We are determined to emerge victorious.
I have faith.
#aval
#avax
Avax inscription market executes normally as planned
We will use contracts to do guaranteed transactions (fund delivery only)
A stable market, I think is a very important thing
In the later stages of development, a purer gameplay is needed. This is the current challenge for
Github
Index, the initial implementation has been open source
🔗:
However, this code will not run too fast. Optimization and security verification are waiting for the new version to be pushed to the public warehouse.This is the preliminary logic
📢 The Avax Inscription White Paper has been completed and added to the navigation bar! 🚀
In this white paper, we detail how to index and transfer, as well as the specifications for building UTXO transactions. This will provide everyone with unified
Should believers be rewarded? If faith has clear benefits, are believers pure?
I think Aval believers should be rewarded
What form will it take?
Is trading used as a criterion?
Or should mining be used as a criterion?
this is a problem.
We are very sorry, but due to development time, our strategy may change.
It needs to be mentioned that there are four transfer models corresponding to different security transmission levels:
1: Transfers cannot be split
2: NFT split transfer
3: Split transfer of Account model
In the early stages of developing AvaxMarket, our primary objective was to establish a comprehensive framework for inscription within the EVM ecosystem. Our journey from the initial concept of utilizing the UTXO transfer model to implementing mechanisms such as auto-refunding
🔒 Security is our top priority, especially when it comes to indexer decentralization. We value the UTXO model on BTC as a reference in this discussion.
📈 We understand the market's expectations and are fully committed to promoting this cause. Trust us to do our best.
💪 We
Ask for community input online
For transactions, do you want to use the UTXO model or the Account model?
For the account model, we will have stricter nonce requirements to deal with emergencies.
#avax
#insc
After to the indexer presenting the contract proposal, the temporary suspension of the zero address restriction will allow for transfers to be conducted without limitations. This means that funds and assets can be seamlessly completed with a single transfer, resulting in cost
Ordinals rely on UTXO first-in-first-out order for positioning, allowing the image to exist permanently
but due to encoding problems, cursed inscriptions and ghost inscriptions appeared
Since each satoshi is unique, the token case cannot be handled
The emergence of runes broke
An all-zero address can achieve faster indexing, but it also brings a problem. If it does not cooperate with the authorization agreement, then things become complicated.
We are considering a balance between the indexer and the market. The transfer of seller funds and
Market Update:
1: The order can be locked only when the user's balance is greater than the sales amount
2: The same user can only lock three orders at the same time
3: Fix front-end display accuracy issue
4: Added data security check
More inspection and safety content will
There was an individual who illicitly obtained and disregarded the information contained in our white paper without any form of communication. This can be likened to someone producing counterfeit currency and claiming it to be genuine. Consequently, it raises the question of
You can input unlimited UTXO when transfer
In order to avoid UTXO expansion, a maximum of 30 people can be transferred at a time.
There is no limit on the amount. Enter any balance you want
🚀 Very happy to launch the transfer indexer
😄 This is the link to the transfer tutorial
You can test it in the GitHub open source repository
The data is the same as dune
The archive node mode is used. Since the mint data size exceeds 2G, the slice
In order to express the transfer process more clearly
And how to implement it, and the design of the database, the following is the flow chart of mint's table data structure and transfer
#avax
#utxo
The first version of the index is complete.
It will be open source within 24 hours. Everyone is welcome to participate in the test.
Due to the large amount of data, the index only contains the index itself and does not contain synchronized on-chain data.
#Aval
Avax Inscription
The following rules are tentatively decided
In the case of transfer, we are faced with a choice problem. Let’s talk about the difference between the two
Transfer Account
In the above Account model, the explanation of Nonce is
It must be an integer starting
$aval mint will be completed soon, the market will be launched soon, the index will be open source, and will support deploy, mint, and transfer.
It can transfer any amount
data:,{"p":"asc-20","op":"mint","tick":"aval","amt":"100000000"}
Remaining 24%
#avax
#aval
#asc20
Major security update 🔐
If you use an open source index, please update and add a second security check.
If there is an abnormality in the RPC data, the indexer will verify it to a greater extent!
AVAX UTXO DESIGN
Design details now revealed
There is a problem
There are currently no miners,
If you are experiencing excess funds,
1: Automatically refund your funds.
2: Destroy
Design details
Account
A ---> B
A ---> C
UTXO
A ---> B
---> C
---> D
utxos =
Open-sourcing the code and decentralizing the application are fundamental requirements for blockchain.
For the highly efficient Axax chain, handling massive data is a challenge. In recent days, our database has consumed nearly 40 GB of hard disk space.
To encourage broader
🚀 Very happy to launch the transfer indexer
😄 This is the link to the transfer tutorial
You can test it in the GitHub open source repository
The data is the same as dune
The archive node mode is used. Since the mint data size exceeds 2G, the slice
Full testing requires an open rpc
At present, our scan does not provide commercial queries for the time being.
Find an rpc similar to ethscan's account and you can test it.
Next, we plan to provide light nodes. utxo has an archive node function. Like Bitcoin, a light node can
Avax inscription transfer utxo implementation
The transfer has been implemented in accordance with the white paper
Automatically return excess funds to payer address
The service is being upgraded and access is temporarily suspended.
Update 1: Automatic refund for repeat purchases
Update 2: Cancel pending order
Update 3: If the purchase service matching transaction fails, it will be retried.
It has been migrated to a new database. The SSL certificate of https is not ready yet. The API query interface will be opened for the time being. You can query all UTXOs based on your address, and your balance is the sum of UTXOs.
Regarding transfer, you can transfer according
In order to make the environment of the main network healthier
The test network is designed to allow more people to participate in testing
There are already many low-priced orders of 10,000 aval in the testnet market to facilitate debugging
🔒Major indexer problem fixes
Since every transaction will be verified, the problem of repeated payments in multiple transactions is eliminated. However, there is still a problem that has not been checked, and that is double payment in a single transaction. The bug has been
The test server has added the order cancellation function
And automatic refund when multiple people pay for the same order (the order lock function is temporarily stopped on the test server)
Lock order and automatic unlocking are a very mature system, and may still be in the early stages of development for web3
But we need to know why the concept of locking orders should be introduced in the market. Locking orders does not involve the blockchain itself, so it does
----mint----
data:,{"p":"asc-20","op":"mint","tick":"aval","amt":"100000000"}
Encoded and sent to the recipient, and does not support contracts
----transfer----
data:,{"p":"asc-20","op":"transfer","tick":"aval","to":[{"recv":"0x000","amt":"10"}]}
@SherbokH
This is a very interesting question and also a professional question. We find that this question often occurs in other markets.
In Avax Market, priority will be given to ensuring the trading stability of popular tokens.
For example $aval.
Preview: In the new roadmap, NFT will be produced in a new virtual machine. We will build a new development language (ETH uses Solidity, AVAL uses XScript). We will not support the new currency mint (although it has been developed), but will build an ecosystem based on $aval.
For order processing, a locking mechanism is used. There is only one buyer for an order here. If there are multiple buyers, only one buyer can pay.
If the buyer fails to purchase successfully, it will be automatically unlocked after ten minutes.
In other words, if there are no
$aval will be the same as btc, except that btc does not have a Turing-complete smart contract. This will be implemented on $aval.
The specific implementation plan is as follows, Script -> Assembly -> $aval calls the contract
All this will be established in the ecology of insc
@Grdal07654081
This is correct, but not following the white paper is divisive
The third-party market has embarked on a path of corruption because it does not understand the new logic.
What will happen if we launch avav according to the new plan?
@lfi1683
UTXO transfer has been implemented and open source
We need more testing before we can go live
The specific code can be found in the previous tweet
It should be noted that UTXO will increase some Gas, but the security will be higher.
You can recursively trace the original Mint transaction through the latest transaction.
There was an individual who illicitly obtained and disregarded the information contained in our white paper without any form of communication. This can be likened to someone producing counterfeit currency and claiming it to be genuine. Consequently, it raises the question of
@hailao_insc
At present, all the data has been processed. We are testing UTXO. UTXO is relatively complex and is a model that has not been used in the Ethereum Inscription Ecosystem before.
Maybe tomorrow.
@shyildiz
This is not index content, this is just information needed by the market, nothing more, this is not a standard, and the standard has not been changed.
@hjcqtb
Is it a test network? The mainnet network has not been repaired yet. If there is a problem with the test network, please send a private message and solve it online.
@0xbhe
It's a copy, and a means of competition
Maybe, this is a good product, but not an innovative product
The white paper was released earlier, but they still chose the worst option, not even the third option.