OpenSea Seaport Upgraded to Version 1.4 for Efficient Multiple NFT Transactions
It is reported that OpenSea Seaport has been upgraded to version 1.4, which supports multiple NFTs with a single signature. Open Sea said that it would no long…
It is reported that OpenSea Seaport has been upgraded to version 1.4, which supports multiple NFTs with a single signature. Open Sea said that it would no longer accept Seaportv1.1 orders through the API within 7 days and would officially abandon Seaportv1.1 on March 15.
OpenSea Seaport is upgraded to v1.4, and supports multiple NFTs with a single signature
Interpret the above information:
OpenSea Seaport, one of the leading non-fungible token (NFT) marketplace, has announced an important upgrade. The company has improved the Seaportv1.4 version, which now facilitates multiple NFT transactions with a single signature. This means that users can now trade multiple NFTs in a single transaction, making the process more efficient and streamlined.
Before this upgrade, transactions on OpenSea Seaport were time-consuming and tedious. They required users to sign multiple signatures for each transaction involving multiple NFTs. For example, if a user needed to trade 10 NFTs, they needed to sign 10 separate times. This made trading time-consuming and complicated, especially for big traders who preferred to conduct large transactions.
However, the improved Seaportv1.4 helps users save time and resources by allowing them to sign once for multiple NFTs’ transactions. This upgrade is significant since NFTs are becoming more popular as people are realizing their value in various fields such as artwork and gaming. The multiple signature feature not only makes trading more efficient but also encourages more investors and traders to participate in the NFT market.
Nevertheless, OpenSea Seaport has informed users of an imminent changeover from Seaportv1.1 to Seaportv1.4. The company says that it will no longer accept Seaportv1.1 orders through the API within seven days, and on March 15, it will permanently abandon Seaportv1.1. This means that all users must migrate to the upgraded version to continue trading on the platform.
This move is commendable as upgrades are essential in any technology industry to ensure that users continue to enjoy more efficient and effective features. By abandoning Seaportv1.1 version, OpenSea Seaport will also minimize bugs and security issues that are common in outdated versions.
In conclusion, the upgrade of the OpenSea Seaport to version 1.4 is a significant development in the NFT marketplace. It enhances the trading system by providing a more efficient way of conducting multiple NFT transactions. The migration from Seaportv1.1 to Seaportv1.4 shows the company’s commitment to providing a secure, efficient and effective platform for NFT trading.
This article and pictures are from the Internet and do not represent SipPop's position. If you infringe, please contact us to delete:https://www.sippop.com/10461.htm
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
What does push transaction mean (does push coin have investment value)
<img src='https://img.doulai.com/pic/enpic.php?k=what does push transaction mean? Imgalt=what does push transaction mean.} What does push transaction mean? According to Bitcoin, an application called “push” was traded on CoinbasePro on August 10, 2018. When users make a certain type of investment, they will choose a suitable price or other prices based on the investment amount, such as the recently popular new projects BNB, AAVE, UNI, etc. And now more and more projects are making this product or trying to add it to their investment portfolio, which has led to an increase in the attention and demand of many investors for this product. Therefore, there is the so-called “push” trading, which is the process of using this trading method to allow people to buy a certain asset and obtain profits from it This is a fund transfer method similar to the lending model, but currently many different exchanges in the market also use this method. Therefore, if you want to use these tools…
-
Cream Finance Flash Loan Attacker Replaces 1 Million DAIs with 555.4 ETHs and Transfers Them to TradeOgre
According to reports, according to Paidun\’s early warning monitoring, the Cream Finance Flash Loan attacker has replaced 1 million DAIs with 555.4 ETHs and tran
-
Binance Launches EDU/EUR and EDU/TRY Trading Pairs
On April 30th, according to the official announcement, Binance will launch EDU/EUR and EDU/TRY trading pairs at 16:00 on May 1st. EUR and TRY are legal currency codes, not digital
-
Blockchain Customer Reward Platform apM Coin Receives $5 Million Investment from DWF Labs
On March 30, the blockchain customer reward platform apM Coin announced that it had received an investment of $5 million and an optional cooperation contract worth $1.5 million fro
-
An Overview of Fidelity’s Potential Partnership with StarkNet and SEC’s Investigation of Twitter
21:00-7:00 Keywords: Fidelity, SEC, Twitter, StarkNet
Overnight updates on April 4th at a glance
The world of finance and technology is undergoing a revolution, -
Dragon Essence Launches to Help Baby Dragons Grow
It is reported that Digi Daigaku announced on social media that Dragon Essence has been officially launched. \”Dragon Essence\” can help baby dragons grow and evo
-
Amber Group Raises $10.57 Million through ARBs in Multiple Exchanges
It is reported that Amber Group raised a total of 8.59 million ARBs (valued at US $10.57 million) from the three exchanges of OKX, Kucoin, and Bybit at 5:00 p.m
-
Gemini Monitors Silvergate Developments
According to reports, Gemini, the cryptocurrency exchange, said that it was closely following the situation of Silvergate.
Gemini: We are closely follo…
-
What is the impact on the price of NEST coins (why NEST coins cannot rise)
What is the impact on the price of NEST coins? According to Coinmarketcap data, what is the main impact on the current price of NEST coins? Nestcoin is a token issued by a decentralized exchange project. Through this platform, decentralized offline order book transactions and automatic Market maker mechanism (AMM) can be realized According to data from CoinMarketCap, the price of NEST coins has risen by over 400% since July 2017. With the development of market conditions, more and more investors are paying attention to the potential of NEST project and conducting speculation in the market. NEST, also known as decentralized finance, is a new type of digital asset based on smart contract technology. The emergence of NEST enables seamless integration of DeFi applications, DEX, and others into blockchain networks Why can’t the nest coin riseWhy can’t the nest coin rise NEST is a decentralized protocol that uses a Oracle machine machine to provide transaction services on peer-to-peer networks. Users…
-
BNB Greenfield: A Breakthrough in Decentralized Storage Infrastructure
On April 13th, the BNB Chain development team announced that the decentralized storage infrastructure BNB Greenfield has opened up all core infrastructure codes