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Blockchain for everyone: How decentralized solutions can foster digital inclusion
This decentralized ecosystem hosts a wallet-integrated VPN, a blockchain-based solution that promotes digital inclusion.
Removing central authority also comes in handy where access to information and the internet is restricted. Being a decentralized technology, blockchain records data in an immutable way and stores it on distributed servers. Transactions are facilitated peer-to-peer and safeguarded against any external intervention, rendering the technology censorship-resistant and a vital tool in ensuring the free flow of information.
However, despite the huge potential, blockchain faces some hurdles that hinder mainstream adoption, such as its complexity. Web3 applications require a steep learning curve for developers and users alike. Building decentralized systems demands technical expertise, resulting in longer development times and higher costs. For users, navigating intimidating interfaces can be a daunting task.
As adoption grows, blockchains are increasingly required to process large chunks of transactions efficiently, which highlights the requisite of scalability. Low latency and costs are essential for the technology to be a viable alternative in finance. As for gaming, slow transaction times or high fees could ruin user experience.
Blockchains must prioritize simplicity, usability and scalability to overcome these challenges. Platforms with simple interfaces and enhanced scalability could accelerate adoption. Read More
Aptos blockchain explained: Technology, use cases and prospects
Aptos is designed to be a fast, scalable, and reliable blockchain that supports decentralized applications (DApps) and aims to accelerate the growth of Web3.
Avery Ching and Mo Shaikh launched the Aptos blockchain on Oct. 12, 2022. It was developed to enable high throughput and low latency, which means it can handle about 160,000 transactions per second and, on average, validate them in less than 1 second.
The Aptos technology natively integrates Move language to deliver these fast, secure transactions, allowing developers to write smart contracts and build DApps. Aptos provides everything you need to “build your big idea” and even incorporates artificial intelligence to make Web3 simple for newcomers and experts.
The Aptos coin is the native token of the Aptos crypto ecosystem. It powers the blockchain through transaction fees, governance and validators. To make a transaction on the blockchain, a fee is charged to the APT token, although these are incredibly low, usually less than 0.001APT or $0.0009. The initial total supply of APT started at 1 billion, with 130 million tokens in circulation at the launch, distributed among the ecosystem as follows:
51.02% for the community
19% for the team, consultants, and private investors
16.5% for the foundation
13.48% for investors
The total supply of APT is set to increase to 1.5 billion by 2031.
The project has grown exponentially since its launch, boasting a multibillion-dollar market cap and becoming a top 25 coin by October 2024. Read More
FalconX Unveils Auto-Liquidation Service for Crypto Miners Amid Sector Woes
The service is designed to help miners operating in capital-constrained environments manage liquidity more efficiently.
Digital asset prime brokerage FalconX has launched an auto-liquidation service designed to enhance capital efficiency for crypto mining firms, following a turbulent two years that have strained the sector.
The service, part of the firm’s broader platform rollout targeting the industry, is designed to help miners operating in capital-constrained environments manage liquidity more efficiently.
Its offering automates the conversion of crypto mining rewards, including Bitcoin, Litecoin, and other proof-of-work tokens, into U.S. dollars, the company shared exclusively with Decrypt.
FalconX said the service would streamline miners' operations by enabling faster reinvestment into their businesses, removing the need for manual trading or reliance on third-party providers. Read More
Meet Aria: The New Open Source Multimodal AI That's Rivaling Big Tech
Tokyo's Rhymes AI has just released Aria, a free, multimodal AI model that can even do some things that OpenAI can’t.
Artificial intelligence just got a new player—and it's fully open-sourced. Aria, a multimodal LLM developed by Tokyo-based Rhymes AI, is capable of processing text, code, images, and video all within a single architecture.
What should catch your attention, though, isn't just its versatility, but its efficiency. It’s not a huge model like its multimodal counterparts, which means it is more energy—and hardware—friendly.
Rhymes AI achieved this by employing a Mixture-of-Experts (MoE) framework. This architecture is similar to having a team of specialized mini experts, each trained to excel in specific areas or tasks.
When a new input is given to the model, only the relevant experts (or a subset) are activated instead of using the entire model. This way, running just a specific section of the model means it will be lighter than running a complete know-it-all entity that tries to process everything.
This makes Aria more efficient because, unlike traditional models that activate all parameters for every task, Aria selectively engages just 3.5 billion of its 24.9 billion parameters per token, reducing computational load and improving performance on specific tasks. Read More
Breaking Free from Constraints: How Markethive Empowers You to Overcome Censorship, Government Restrictions, and Outdated Marketing Practices
We live in a world where every step you take toward your dreams feels obstructed by invisible barriers, as if the odds are intentionally stacked against you. This isn't just your imagination; it is a reality, and these obstacles are built into society’s very structure, protecting corporate giants and keeping aspiring entrepreneurs like you from gaining ground. Every hour, every dollar, every ounce of effort you pour into building something meaningful seems met with another wall carefully designed to hold you back.
Government policies seem to pile on, favoring established players in their grasp, while leaving smaller businesses to navigate a confusing labyrinth of taxes and regulations. Even social media, once a beacon of free expression and open connection, now censors and suppresses voices that challenge the norm and agendas that do not conform to their puppet masters' desires. And when you turn to marketing, the cost of visibility on major platforms puts real success out of reach for those without deep pockets.
But what if there were a place built just for entrepreneurs like you? A platform where censorship doesn’t exist, where your voice isn’t filtered through algorithms, and where you can freely connect, grow, and monetize your ideas. Thanks be to God, this place exists, and it’s called Markethive.
Markethive is a powerful and Godly movement built on the principles of decentralization, transparency, freedom, and empowerment of people worldwide. Markethive is a revolutionary hybrid ecosystem that blends social networking, inbound marketing, and blockchain technology. It’s designed to empower entrepreneurs with tools and resources you can’t find anywhere else, giving you the autonomy to thrive outside the limits of traditional systems. Here’s how Markethive sets you free from societal barriers and provides solutions that the world desperately needs. Read More
Ethena (ENA) Community Proposes Using Solana (SOL) To Back USDe Stablecoin
The community behind a synthetic dollar protocol on Ethereum (ETH) is proposing adding a top ETH rival to its reserve assets for its stablecoin.
According to a new Ethena (ENA) community proposal, the community is considering adding Solana (SOL) as a reserve asset for the US-dollar pegged stablecoin USDe.
“This proposal recommends an allocation of USDe’s backing to SOL, utilizing substantially the same mechanics as Ethena’s hedging mechanism currently in place with BTC and ETH perpetual futures.
The proposed allocation would be scaled into slowly in consultation with the Risk Committee considering SOL perpetual futures’ shorter history of trading, less liquidity, and less historical funding rate data.”
The proposal would also add liquid-staked variants of SOL, such as Binance Liquid Staked SOL or Bybit Liquid Staked SOL (bbSOL), to the diversified cache of USDe reserves.
Furthermore, the proposal aims to unlock billions in open interest. Read More
Waves founder unveils Units protocol for layer-2 interoperability
Waves founder Sasha Ivanov believes the industry cannot move forward if blockchain interoperability remains unresolved.
Waves founder Sasha Ivanov is gearing up for what he believes to be the “end game for layer-2 scalability” as he pushes through with a new blockchain protocol called Units.
At the Future Blockchain Summit event in Dubai, Ivanov told Cointelegraph about how they are solving the interoperability problem within the Web3 space with the Units project, which they will launch at the end of October.
The executive brought up some problems with the current state of blockchains. He explained:
“If you want to transfer tokens from one layer to the other layer-2, you need centralized bridges. And this is very wrong. [...] This problem should be resolved.”
Throughout the years, major hacks have revealed the risks associated with cross-chain bridges. In 2022, incidents involving the Wormhole and Ronin bridges led to almost $1 billion in combined losses. Read More
a16z-backed onchain messaging platform Towns officially launches
The same team behind Towns also created River Protocol, which enables transparency, security and decentralization in the new messaging app.
Under growing scrutiny over privacy and content moderation in the social media industry, another blockchain-powered alternative, Towns, launched on Oct. 15.
After raising $25.5 million in a Series A funding round led by Andreessen Horowitz (a16z) in February 2023, Towns officially announced its launch on Tuesday.
Founded by Ben Rubin, who also co-founded the social networking service Houseparty and the Meerkat video streaming app, Towns is setting an ambitious goal to provide a “new standard for digital communication” with blockchain capabilities.
Towns is running on the messaging protocol River:
The new messaging app is built on the messaging protocol River, an Ethereum Virtual Machine (EVM)-compatible layer-2 chain with decentralized nodes and smart contracts deployed on the Base protocol.
The same team behind Towns also created the River Protocol, which launched in May 2024. The River Protocol allows builders to prioritize end-to-end encryption (E2EE), aiming to enhance privacy and security in communication. Read More
Paxos debuts new stablecoin payment platform with Stripe
Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said.
Paxos, the blockchain firm behind the Pax Dollar stablecoin, is working to expand stablecoin adoption in the payments industry through its new enterprise-grade infrastructure.
Paxos introduced a new stablecoin payments platform targeting payment service providers (PSP) and fintech companies that want to enable stablecoin payments.
On Oct. 15, Paxos announced that Stripe, a global payment processing company, would be the first PSP to integrate Paxos’ infrastructure into its system.
The infrastructure will be featured on Stripe’s Pay with Crypto product, which allows users to accept stablecoin payments settling in fiat currencies like the United States dollar. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
Featured Image Source: Pixabay
