Tech

Snapshot Labs Introduces Blockchain-Based Voting with Snapshot X on Starknet

Discover how Snapshot Labs is revolutionizing the voting process with Snapshot X on Starknet. Explore the benefits of blockchain-based voting, ensuring transparency, security, and efficiency in decision-making for communities and organizations.

Published

4 days ago

September 15, 2024

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Snapshot Labs Enhances Governance with Blockchain Integration

Snapshot Labs, the innovative developer behind a renowned off-chain voting platform, is making strides in the decentralized governance space. This platform is currently utilized by an impressive 96% of decentralized autonomous organizations (DAOs), including prominent decentralized finance (DeFi) projects such as Lido and Aave. In a significant advancement, Snapshot Labs is introducing a new blockchain-based voting option built on the Ethereum layer-2 network known as Starknet.

The newly launched governance protocol, Snapshot X, leverages storage proofs—a cutting-edge cryptographic feature that has been innovated by StarkWare, the leading developer behind Starknet. This technology enables users to prove the existence of their assets on one blockchain without the need for third-party interventions to transfer them to another blockchain.

According to StarkWare’s press release shared with CoinDesk, “By mathematically verifying data across chains, storage proofs eliminate the need for third-party intermediaries, making the process more secure and cost-efficient.” In practical terms for Snapshot X, this means that users can cast their votes based on assets held on one blockchain while executing governance actions on another, all without the hassle of transferring tokens or incurring gas fees.

Jeremy Musighi, the Chief Operating Officer of Snapshot Labs, elaborated on this functionality in a Telegram message to CoinDesk. He explained, “When a user submits a vote on our platform, a proof of their holdings is transmitted to the layer-1 blockchain. On the contract side, Snapshot X verifies this proof. Once verified, we can confidently ascertain that the user indeed possesses the balance they claim on L1.”

The inaugural vote on Snapshot X is set to take place this week and will focus on a proposal concerning the Starknet ecosystem itself. Community members of Starknet are invited to weigh in on a crucial decision regarding the minting mechanism for the project’s new staking proposal.

StarkWare announced, “From tomorrow, September 10, until September 13, STRK token holders will have the opportunity to vote on a staking proposal via the Starknet Governance Hub, a specially designed interface for Snapshot X.”

Read more: Starknet, Layer-2 Chain on Ethereum, to Open Staking By End of Year

Related Topics:blockchain Business DAOs DeFi governance off-chain voting Snapshot Labs Snapshot X Starknet storage proofs Tech token minting voting

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Tesla Semi Fire: NTSB Preliminary Report Released

The NTSB’s preliminary report on the Tesla Semi fire has been released. This content includes important information about the details of the incident, the causes of the fire, and Tesla’s safety measures. Explore the impact on Tesla’s electric vehicles and its future steps.

Published

2 days ago

September 17, 2024

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The National Transportation Safety Board (NTSB) released a preliminary report stating that a Tesla Semi electric truck in California required firefighters to use “50,000 gallons” (approximately 190,000 liters) of water to extinguish a roadside fire. Firefighting teams also deployed an aircraft to drop fire retardant on nearby areas as a precautionary measure to control the fire.

The accident occurred on August 19 at 3:13 AM local time on the I-80 highway east of Sacramento. The electric truck went off the road while navigating a curve, collided with a roadside boundary marker, and then struck a tree, coming to a stop. Fortunately, the driver was not injured in the accident; however, considering their health condition, they were taken to the hospital.

The Tesla Semi’s large 900 kWh battery caught fire upon impact, and toxic smoke began to spread during the fire. While the fire continued with temperatures reaching up to 538°C, firefighters worked intensively to cool the blaze with water. However, due to the fire’s effects, the vehicle continued to burn until late in the afternoon. Meanwhile, Tesla sent a technical expert to the scene regarding fire safety and high voltage hazards.

The highway reopened to traffic at 7:20 PM local time, 16 hours after the accident. The NTSB, as an organization that can only make recommendations and cannot enforce regulations, sent a team to the area for investigation purposes. This major accident raised several issues, including dangerously hot fires and toxic smoke, which will attract the attention of many international organizations.

The NTSB had previously stated in 2021 that fires in the batteries of electric vehicles pose serious risks to emergency response teams and that the guidelines provided by manufacturers for such fires are inadequate.

Tech

New Leaks and Features About the Samsung Galaxy S25 Ultra

Discover the latest leaks and features about the Samsung Galaxy S25 Ultra. Equipped with new technologies and advanced features, this smartphone elevates the user experience to a new level. Check it out for details!

Published

3 days ago

September 17, 2024

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New Leaks About Samsung Galaxy S25 Ultra

Samsung is expected to introduce the Galaxy S25 Ultra along with the Galaxy S25 series at the beginning of 2024, likely in January. Although no official announcement has been made yet, leaks regarding the upcoming flagship continue to spread rapidly on the internet. Notable leak source IceUniverse shared several new visuals of the Galaxy S25 Ultra in a post on the X platform. These visuals reveal the design differences between the Galaxy S25 Ultra and the Galaxy S24 Ultra.

One of the notable features in the leaked images of the Galaxy S25 Ultra is the rounded corners of the phone. In contrast, this year’s Galaxy S24 Ultra has quite sharp corners, which has led to feedback from some users indicating discomfort while holding the device. Previous leaks have suggested that the Galaxy S25 Ultra may be somewhat larger.

A tweet shared by IceUniverse: Galaxy S25 Ultra Image

According to leaks, the Galaxy S25 Ultra is expected to be thinner and lighter compared to previous models. In August, rumors emerged that the upcoming Galaxy S25 Ultra would be lighter than its competitors, with a weight of under 221 grams.

Another image featured in IceUniverse’s post shows close-ups of the sides of both next year’s expected flagship phone and Samsung’s current flagship. In this image, the side of the Galaxy S25 Ultra appears flatter with rounded corners. While these changes may not create a major revolution, they will generally positively affect the feel of the phone in hand.

Looking at other rumors about the Samsung Galaxy S25 Ultra, it is expected that the company will offer top-tier screen and camera upgrades next year. Additionally, there is a strong expectation that the satellite connection feature will also be introduced alongside the Galaxy S25.

Tech

iOS 18 Officially Released: Innovations and Features

iOS 18 has been officially released! This update, packed with new features and innovations, elevates the user experience to the next level. Check out our article for details and discover the new offerings of iOS 18!

Published

3 days ago

September 17, 2024

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iOS 18 Officially Released: Here Are the Innovations!

Apple officially launched iOS 18 yesterday, as promised. After a long beta testing phase, this update brings many exciting new features for iPhone users.

iOS 18 Officially Released: Innovations and Features

New Features in iOS 18

Advanced Customization Options on the Home Screen: With iOS 18, users can now arrange app icons freely without sticking to the traditional grid layout. Additionally, there’s an option to change the colors of the icons and adjust their darkness levels. In short, you are no longer bound to a boring layout. It raises questions why Apple waited until 2024 to offer this feature.
Revamped Control Center: The Control Center is completely redesigned in iOS 18. Users will be able to group controls more comfortably, and developers can easily add controls from their applications. Also, there’s an option to divide the Control Center into pages, allowing different controls on each page.
RCS Messaging Support: With iOS 18, Apple introduces Rich Communication Services (RCS) messaging support. Users can add various effects to their texts and react with new emojis for more colorful responses.
Updated Photos App: The Photos app is presented with a new opening page and a modern layout. Users can now browse photos by time, people, and many other criteria, reorder media files, and explore more with the “Collections” feature.
App Lock Feature: Users can now lock specific applications. For example, they can activate Face ID protection from the menu that appears when long-pressing an app icon. Thus, anyone wanting to open the app will have to pass the Face ID protection first.
Apple Intelligence: One of the important features of iOS 18 is Apple’s artificial intelligence kit, Apple Intelligence. However, to fully benefit from this feature, you’ll need to wait for the iOS 18.1 update. More information about Apple Intelligence can be found here.

How to Install iOS 18?