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Cardano Foundation Announces the Launch of Developer Portal
Cardano Foundation has announced the launch of its Developer Portal, which will make it easier than ever to build on its blockchain. The organization published a series of tweets on July 12 that described the portal’s purpose and the “brand new content and resources.”
Created by Ethereum co-founder Charles Hoskinson, Cardano is a proof-of-stake blockchain platform that was launched in 2017, with its native token ADA named after English mathematician and writer Ada Lovelace. Cardano is touted as far more sustainable and scalable in comparison with proof-of-work networks like Bitcoin and Ethereum, which have encountered criticism for their carbon footprint.
Cardano Developer Portal is Packed With New Features - Read More
Proof of Green: How Ethereum 2.0 Solves Crypto’s Energy Concerns
Bitcoin and Ethereum currently derive their security and functionality from a process called “Proof of Work.” But Ethereum plans to switch to a new system called “Proof of Stake” in the next year which will decrease its energy usage by 99.95%.
Let’s explore why the energy usage in Proof of Work is so high right now, and how the switch to Proof of Stake will get it under control. Read More
TotemFi Announces Their Roadmap To Mainnet
This week TotemFi, the staking-based prediction market platform, revealed their roadmap to the Mainnet launch of their collaborative, non-punitive predictions platform.
Commenting on the launch, CEO Jolyon Layard Horsfall stated: “Looking back on our TGE less than three months ago, and at all the work which it took to get us to this point, we’re excited to share with our community what we’ve been building. Whilst we see some consolidation in the market, with BTC ranging it will be a great time to stake, predict and grow your TOTM and bitcoin stacks.”
The recent market conditions provide a great opportunity to predict where the price of BTC is going to close on maturity of the TotemFi staking pools; set a range, make your prediction, and users might find themselves benefitting from individual and collaborative rewards. Not to mention the high APYs on offer from their staking pools (more info around this will be released soon, according to the teams’ announcement earlier in the week). Read More
Uniswap v3 launches Optimistic Ethereum layer two scaling in alpha
The long-awaited layer two scaling solutions upgrade for Uniswap has finally been spotted in the wild with the launch of version 3 on Optimistic Ethereum.
In a post on July 13, the world’s most popular decentralized exchange stated that it was pleased to finally announce the alpha launch of Uniswap v3 on the Optimistic Ethereum (OΞ) mainnet.
The alpha launch is a limited version of the full system which helps developers deploy the system gradually and address any issues that may arise. The blog post elaborated:
“Please treat this as an early alpha product. Optimistic Ethereum is a complex Layer 2 scaling solution still in need of rigorous battle testing.” Read More
Coinbase Wallet Adds Support for Ethereum Scaling Solution Polygon
Users of both the mobile and browser extension versions of Coinbase Wallet can now transact and use dApps on the Polygon network.
Coinbase has announced that both the mobile and desktop browser implementations of its digital wallet now support decentralized applications (dApps) based on the Polygon (MATIC) blockchain.
“We’re excited to announce support for @0xpolygon network on the Coinbase Wallet mobile app and extension, with more scaling solutions to come soon,” Coinbase tweeted yesterday. Read More
Set Protocol Launches Layer 2 Token Sets on Polygon
Automated decentralized finance asset management platform Set Protocol is the latest to launch on Layer 2 aggregator Polygon.
The announcement was made by Set Labs on July 14 where it stated that the move significantly lowers the barrier of entry to decentralized finance (DeFi).
The protocol offers asset management and strategy creation through a number of token sets which are akin to token indexes – groups of tokens with a single one representing their collective performance. Some of the more popular ones on Set are the DeFi Pulse Index, ETH Flexible Leverage Index, and the Metaverse Index launched in April. Read More
Cardano and Markethive - Two systems of the next generation on the rise, making their mark on so many levels. They will eclipse big tech disrupting the monopolizing status quo that the populace has come to accept and is part of their daily lives. As the monopolies conspire on who or what they will boycott or cancel out next, Markethive and Cardano have secured themselves in a position where the oligarchs cannot manipulate them.
Markethive, the social market network, and Cardano, the blockchain technology company, are congruent in many areas. Apart from both being blockchain projects, the spiritual, humanitarian aspect is a major common denominator with the synergistic purpose of manifesting personal and financial sovereignty, delivering freedom and connectivity to emerging countries, aligning them globally.
The blockchain projects and cryptocurrencies that have endured the “crypto winter” of 2018/19 are not the scams associated with the industry’s early days and are now positioning themselves to deliver ecosystems that are unique and evolutionary. Read More
How blockchain can become a friend of Indian farmers
Chowdary is optimistic and enthusiastic about the future and is determined to make the Vizag city of Andhra Pradesh the world’s blockchain capital. He has developed a 5M strategy to make that happen, i.e., the state will provide Manpower, Money, Market access, Mentoring, and Metapayments to the fintech players. “These five Ms will shatter entry barriers for fintech start-ups. We are in the process of setting up a blockchain university,” he said. The state has also established the International Institute of Digital Technologies (IIDT)—India’s premier institute offering cybersecurity, AI, analytics, and blockchain courses.
In 2020, one of the largest Indian farming companies, Sahyadri Farmers Producers Company, had integrated blockchain technology and digitized its supply chain. In addition to consumers, the farmers also benefitted as the upgrade enabled them to track their produce along the supply chain, for instance where the produce was sold and at what price. Read More
Power Ledger switches blockchain platforms
Australian energy trading technology company Power Ledger has switched its blockchain system from Ethereum to the faster, more energy-efficient Solana.
Power Ledger’s energy trading platform, which allows near-to-real-time, fully-accountable peer-to-peer energy trading, was originally built on Ethereum’s decentralized public ledger for verifying and recording transactions.
“That served its purpose in the short-term but the limitations of this solution were always very apparent including low transactions per minute,” Power Ledger co-founder and technical director John Bulich said. Read More
Decentralized Finance: The Next Big Threat for the Finance Sector
Decentralized finance, or DeFi, is a fast-growing segment of the financial markets. Based on a blockchain platform, DeFi provides software services that can cut out intermediaries in financial transactions, thereby allowing for financial services, such as mortgages and investment, to be delivered at lower costs. The question is: Will it take off, or will the financial sector push back? Read More
Samsung SDS Unveils ‘Paperless’ to Tackle Document Forgery with Blockchain Technology
In an announcement made yesterday, Samsung SDS said it had launched the ‘Paperless’ service that aims to enhance the reliability and transparency of documents via blockchain technology.
The launch of Paperless expands Samsung SDS’ cloud-based BaaS business.
Paperless safely manages various types of documents that are prone to falsification and forgery such as contracts, consent forms, and certificates. Paperless’ utility can be expanded across a wide variety of areas such as voting or tasks that mandate proof documents.
It is worthy of note that Samsung applied the off-chain technology to the Paperless service which encrypts and stores data such as sensitive personal information or large volumes of documents at a separate server. At the same time, the service records only the hash value of each data on the blockchain. Read More
Techstars and Filecoin launching new accelerator out of Seattle for blockchain startups
Techstars, a global network that supports entrepreneurs, is launching a new accelerator program out of Seattle.
The Filecoin Techstars Accelerator is partnering with Protocol Labs to “build the next generation of the internet.” Filecoin offers a decentralized data storage marketplace, protocol, and cryptocurrency, while Protocol Labs is an open-source research and development lab.
The program will attract blockchain startups, specifically companies developing Web2 and Web3 apps in data curation, digital asset management, and more. 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 other advice.
