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wilkine BannedCopyThe Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years.
Abritrum is an Ethereum layer-2 scaling solution that utilizes Optimistic Rollup technology to bundle large batches of transactions off-chain from Ethereum smart contracts and decentralized applications before submitting it to Ethereum.
Referred to as the “Nitro” upgrade, Arbitrum reconfirmed the date of the upgrade in a Twitter post on Aug. 29, confirming that the upgrade will take effect on Aug. 31 at 10:30 AM Eastern Time, while noting a two to four hours of network downtime period is to be expected.
According to Offchain Labs’ GitHub account, Nitro will represent a “fully integrated, complete layer 2 optimistic rollup system” that builds on Arbitrum One with newly improved fraud proofs, along with updated sequencers, token bridges and calldata compression mechanisms.
Offchain Labs is a blockchain-based company established in 2018 which builds a suite of Ethereum scaling solutions, with the Arbitrum One network being the most notable network deployed by the firm.
Where it was copied fromThe gap between technology and affordability prohibits farmers from maximizing land usage, a key contributor to world hunger.
To put it in perspective, almost one-third of the world’s population are smallholder farmers working on farms smaller than five hectares. Currently, these farms struggle to produce enough food to feed the residents living on that plot. Comparatively, in G20 nations, farmers often have access to modern technologies that allow them to operate their farms as a commercial enterprise, producing enough food for the family who resides on the plot and hundreds of other people. The result is a massive gap in land utilization.
To overcome this challenge, there is a need to initiate a new age of data-driven farming that allows farmers to leverage the power of technology to collect, analyze and use data to make informed decisions, but at a cost that is attainable by smallholder farms. By incorporating data-driven insights into farming practices, smallholder and family farmers can enhance their crop yields, increase their income and contribute to global food security.
Leading the world of AgTech
Dimitra, a global blockchain-based AgTech company, aims to bridge this gap by collaborating with governments and non-governmental organizations through its Connected Farmer platform which will be made available to smallholder farmers in developing countries without charge.
Where it was copied fromAccording to the official website of the British government, the British Intellectual Property Office issued the "Practice Amendment Notice (PAN)" earlier this month, which contains guidelines for the classification of NFTs, virtual goods and services in the Metaverse. The United Kingdom Intellectual Property Office (UKIPO) does not accept NFT as a separate taxonomic term, but "digital art certified by NFT" is acceptable, and physical goods certified by NFT can be classified as appropriate goods categories. Virtual goods will be treated the same as physical goods, but applications for virtual goods will only be accepted in clearly defined circumstances. Regarding virtual services, the guidance states that if a service can be provided virtually, the UKIPO will continue to accept such a service, but this approach may not be applicable to all metaverse services, especially if a service in the metaverse is not available. When falling within the same category as the traditional form of delivery.
Where it was copied fromUFBI News: On April 28, according to the official website of the British government, the British Intellectual Property Office issued the "Practice Amendment Notice (PAN)" earlier this month, which contains guidelines for the classification of trademarks for NFT, virtual goods and services in the Metaverse. The United Kingdom Intellectual Property Office (UKIPO) does not accept NFT as a separate taxonomic term, but "digital art certified by NFT" is acceptable, and physical goods certified by NFT can be classified as appropriate goods categories.
