Chiliz Teases Upcoming Upgrades to Smart Contracts
Chiliz, the sports blockchain platform, has announced plans to enhance its smart contracts, demonstrating its commitment to providing a seamless user experience. By utilizing blockchain technology, Chiliz allows fans to engage with their favorite teams through fan tokens, gaining access to exclusive content and even influencing team decisions through voting systems.
Key Points:
– Upgrade 1: Chiliz plans to upgrade the contracts to allow factory contracts to deploy without being whitelisted as deployers, simplifying the process while maintaining security.
– Upgrade 2: The platform aims to enhance staking pool contracts, addressing issues related to voting power accuracy and delegated amount calculations.
– The impact on the price of CHZ, Chiliz’s native cryptocurrency, remains a topic of interest, with recent declines in value.
– While the direct correlation between upgrades and price movements is complex, the improvements in Chiliz’s smart contracts could increase investor confidence in the platform’s future prospects.
Hot Take:
Chiliz’s upcoming upgrades to its smart contracts showcase the platform’s dedication to improving user experience. These enhancements have the potential to attract a wider range of participants and increase investor confidence. While the impact on the price of CHZ remains uncertain, the improvements could contribute to the platform’s long-term success in bridging the gap between sports fans and their favorite teams.
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