Token $VTN
Login
Discord Telegram
  • Martí Ras

Enhancing Web3 Core API: Technical Updates and Improvements

Analyzing_part2_20

Smart Contract development has traditionally (if we can say tradition in the Blockchain world) been full of challenges, from deployment complexities to managing interactions across various chains. To address these issues, We introduced the Web3 Core API, a tool designed to streamline these processes and provide developers with a straightforward tool for integrating Smart Contracts into their applications. In this article, we will explore the latest updates to the Web3 Core API, highlighting the new features and improvements that enhance its functionality and usability.

A Quick Recap: What is Web3 Core API?

Web3 Core API is designed to address the complexities that developers face in Smart Contract development. It facilitates direct interaction with blockchain technology through three primary functions:

  1. Smart Contract Deployment: Simplifying the deployment process, allowing users to upload, select, or utilize pre-deployed contracts.
  2. Sending Transactions: Enabling seamless transaction execution with enhanced control and efficiency.
  3. Querying Smart Contract Information: Providing insights and data retrieval capabilities for Smart Contracts.

These functionalities empower developers and businesses to create, deploy, and manage Smart Contracts with unprecedented ease, democratizing access to blockchain technology.

We introduce a few improvements to make the creation into any EVM chain (and RUST coming soon) even easier.

3. Recent Enhancements to Web3 Core API

Streamlined Transactions with New Properties

useGasEstimation Property

One of the significant enhancements in our latest update is the introduction of the useGasEstimation property. This feature allows users to decide whether to estimate gas before transaction deployment or execution. By setting the useGasEstimation property in the JSON body to false, the platform skips gas estimation. This results in clearer error descriptions and gives developers greater control over their transactions.

PriorityFee for Swift Execution

To address the need for timely transaction processing in a fast-paced blockchain environment, we have introduced the priorityFee property. This property enables users to add an extra fee to prioritize transaction processing. By ensuring swift execution even in volatile market conditions, the priorityFee property helps maintain efficiency and responsiveness in transaction handling.

4. Enhanced Endpoints for Improved Interaction

Query Address to Identify Smart Contracts

A new endpoint now allows users to query an address to determine if it represents a Smart Contract. This functionality is crucial for distinguishing between native transfers and ERC20 token transactions, adding clarity and context to incoming transactions. It simplifies the process of managing and analyzing blockchain activities.

Enhanced Transaction Information Retrieval

We have expanded the capabilities of our transaction information retrieval endpoint. Users can now decode input data and logs for transactions executed on Smart Contracts not deployed through our platform by specifying the contractSpecsId. This enhancement provides deeper insights into transaction activities, allowing for more comprehensive analysis and understanding of Smart Contract interactions.

Facilitating Transactions with External Smart Contracts

Performing transactions with external Smart Contracts has been made more straightforward. Users can now make calls to Smart Contracts not deployed on our platform by providing the contract address and the contractSpecsId of a compatible contract. This eliminates the need for additional setup, streamlining the process and expanding the potential applications of Web3 Core API.

 

The recent enhancements to Vottun’s Web3 Core API are designed to improve flexibility, control, and efficiency in Smart Contract management. By introducing properties like useGasEstimation and priorityFee, enhancing endpoints for better interaction, and facilitating transactions with external Smart Contract we aim to empower developers to navigate the complexities of blockchain technology with greater ease.

Web3 Core API continues to transform blockchain interactions, enabling developers and businesses to focus on creating value and leveraging the full potential of blockchain technology without being bogged down by the intricacies of Smart Contract deployment and management.

You can try it out in this link: https://web3.vottun.io/