Riegel said AVM simplifies smart contracts’ treatment of escrow payments, their ability to send transactions and their handling of slippage in slippage in trades. It also improves on the complex math underpinning “complex DeFi applications,” he said, like the authentication procedures protecting cross-chain mechanisms, or bridges.
Related posts
-
Spot Bitcoin ETFs inflows surge 220% amid options launch
Inflows into U.S. spot Bitcoin ETFs surged by 220% on Nov. 19 compared to the previous... -
IBIT trading options launch, Bitcoin tap new all-time high $94k
BlackRock, the largest asset management in the world, officially launched iShares Bitcoin Trust ETF (IBIT) for... -
CoinDesk 20 Performance Update: HBAR Gains 13.3%, Leading Index Higher from Monday
Render was also among the top performers, gaining 5.1%. Source Spread the love