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Here is an article based on target words “Crypto”, “1inch” and “Cosmos”:
“Contact with decentralized finances: 1 -inch growth and universe on the crypto market”
In recent years, the country of cryptocurrencies has undergone a significant transformation that has progressed in blockchain technology and the increase in decentralized financial applications (def). Two remarkable players appeared as a leader in this field: 1 inches and the universe.
1 inches: Network for decentralized fees
One of the most innovative solutions for treating traditional blockchain high transaction fees is a network of 1 -inch decentralized fees, which is aimed at faster, cheaper and more affordable cryptocurrency transactions. Founded in 2019, Token $ Inch, which reported on the Ethereum -based token -info, has already been attracted to Defi users.
The 1 -inch network acts as Oracle and accepts questions from users of various blockchain networks, including Ethereum, Polygon, Binance Intelligent Chain, Solana and Polkadot. If the user submits a query to Oracles, it is directed through a series of smart contracts that collect data from multiple sources and calculate the optimal transaction fee for the desired devices.
Using the 1-inch decentralized architecture, it reduced transaction fees by up to 99%, which significantly performed dead user transactions for users. As a result, the 1 -inch device has become a basic tool for cryptocurrency fans, merchants and assembly service providers.
cosmos: blockchain network
Another pioneering project in space is a decentralized network of independent parallel blockchains, which operates independently of independent parallel blockchairs. In Cosmos 2017, the Cosmos Foundation aims to create a scalable, interoperable and secured blockchain ecosystem, which allows problems -free interactions between various chains.
Cosmos boasts an impressive travel map, while many major partnerships and developments have already been announced, including the development of Blockchain Core Flag software. This allows for greater flexibility and adaptation between users and improves scalability and performance.
One of the main benefits of the cosmos is to facilitate smooth interactions between different chains, allowing developers to create decentralized applications (DAPP) that use multiple blockchains. Thanks to Cosmos, users can create a DAP that operates multiple blockchain networks, providing unique flexibility and innovation in Defi.
Conclusion
Finally, we can say that the 1 inches and the cosmos dealt with the most urgent challenges with the cryptocurrency market revolution. Using decentralized architectures and innovative solutions, these projects allowed increased acceptance, reduced costs and increased interoperability between various blockchain ecosystems.
As the country of cryptocurrencies is constantly evolving, it is clear that the 1 inches and the universe remain key players in creating the future of the Defi. Their pioneering efforts show the possibility of blockchain technology to transform traditional finances and create new opportunities for both users and developers.
