x
Image Source: Pixabay
MetaMask Snaps to let users interact with Solana DApps through Solflare
Solflare co-founder Filip Dragoslavic said that the integration removes the “friction” that prevented potential users from entering the Solana ecosystem.
According to an announcement sent to Cointelegraph, the Solana wallet provider is “easing the barrier of entry and usage” to the Solana blockchain with the new integration. Using an extension called MetaMask Snaps, Solflare will allow MetaMask users to interact with various decentralized applications (DApps) within the Solana ecosystem.
According to Filip Dragoslavic, the co-founder of Solflare, the “friction" of installing new wallets has “stopped many potential Solana users” from entering the ecosystem. “This integration could be a game-changer to introduce the biggest user base in Web3 to just try Solana and see for themselves," Dragoslavic added.
The feature is made possible through a collaboration with MetaMask Snaps, a way to extend the functionality of the popular Web3 wallet. Christian Montoya, the product lead at MetaMask Snaps, commented on the integration and said that onboarding MetaMask users to Solana DApps is a huge step toward a “more seamless user experience." Read More
What Is XRP? A Brief History of the Real-Time Gross Settlement System
While Ripple has its critics, there exists a passionate ‘army’ of XRP advocates who firmly believe it represents the future of decentralized finance and cross-border settlement. In this Learning and Insights guide, our objective is to walk you through a brief history of Ripple and its native cryptocurrency XRP, examining its roots, purpose, benefits, criticisms, and key players.
Unveiling the Ripple Effect: A Journey Through Ripple’s Origins and Impact:
The origins of XRP can be traced back to 2004 when developer Ryan Fugger created a payments platform called Ripplepay to facilitate financial transactions. In 2012, Jed McCaleb, Arthur Britto, and David Schwartz built upon Fugger’s ideas to create Opencoin, which would later be renamed Ripple Labs. Ripple.com, once in the possession of a telecommunications company named Ripple Communications, underwent a pivotal shift in late 2012 when Ripple Labs assumed ownership. Read More
Zodia Custody and Parity Technologies Forge Strategic Partnership for Polkadot Ecosystem
Zodia Custody, a leading digital asset custodian backed by shareholders such as Standard Chartered, SBI Holdings, and Northern Trust, has announced a strategic alliance with Parity Technologies, a software development company passionate about building an inclusive internet. Parity, with offices in Berlin, London, Lisbon, and Singapore, successfully launched Polkadot in 2021 and remains a primary contributor to the network.
This collaboration aims to bolster institutional access to the Polkadot ecosystem, a pioneering blockspace ecosystem that fosters innovation and facilitates Web3's top innovators to swiftly bring their ideas to fruition. The partnership will be realized through joint research and development initiatives. Read More
Ethereum Layer 2: A Simplified Overview
Common Ethereum Layer 2 projects include Optimism, Arbitrum and zkSync. Tokens from some of these projects, such as ARB (Arbitrum) and OP (Optimism), have been available for trading. This article aims to explain the concept of Layer 2 in straightforward terms.
As blockchain technology continues to evolve, Ethereum has established itself as a leader in smart contracts and decentralized applications. However, its growing popularity has brought about challenges, particularly in terms of scalability and transaction costs. To address these issues, Layer 2 (L2) solutions were introduced, designed specifically to navigate these hurdles. Read More
We have a lot to be grateful for within Markethive. It’s like stepping out of the rat race into an oasis of humanity at its best. As an inbound marketing, business-based blockchain platform with an inherent entrepreneurial spirit, we have all the tools to get our message out to the whole world. We have a social media interface with a collaborative ethos rarely experienced on legacy social media.
We are starting to see new integrations in the blogging section in preparation for the customized, more intuitive interface and dashboard of Markethive and, of course, the Markethive Wallet that will facilitate the Merchant accounts for members as well as personal transactions, the Vault, etc.
The new-look Blogcasting Hub is located at the top of all blogs in the system. Blogcasting is a term introduced by Markethive and is an enhanced broadcasting system. In the traditional broadcasting sense, only the people who physically subscribe to your blog or newsletter are usually notified of your updates via email.
With this blogcasting system, your social networks are informed of your blog as and when you publish them. What this means is the potential reach is into the millions. Read More
SushiSwap is a community-driven decentralised exchange
SushiSwap, a community-driven decentralised exchange, is expanding to Aptos, the Layer 1 blockchain bringing users scalability, reliability, security and usability.
This integration is a milestone as it marks Sushi’s first expansion onto a non-EVM chain. With the integration of Sushi v2 AMM and SushiXswap, Sushi’s cross chain swap, Sushi further strengthens its leading position in the cross-chain/multi-chain landscape.
Aptos is a Layer 1 blockchain created for safe development, and built with user experience as a core focus. The Aptos infrastructure and its Move programming language empower developers to build web3 applications that solve today’s consumer needs. Designed for smart contracts, the Move programming language empowers developers to create applications simply, securely, and swiftly. Read More
Coinbase Founder Brian Armstrong Reveals Plans to Integrate Lightning Network
According to Coinbase founder and CEO Brian Armstrong, Coinbase is actively working on integrating the Lightning Network (LN), the second-layer scaling protocol. Armstrong emphasized that bitcoin “is the most important asset in crypto” and added that the integration of LN would require more time.
Brian Armstrong has disclosed that the Lightning Network (LN) is coming to Coinbase. The news follows Armstrong being asked about the second-layer technology on Twitter when Block CEO Jack Dorsey questioned him. “Why do you continue to ignore bitcoin and Lightning? What ‘crypto’ is a better money transmission protocol and why?” Dorsey asked. At the time, Armstrong responded and noted that his firm was looking into adding the LN and further stressed that Coinbase is not ignoring bitcoin.
Armstrong said:
Not sure why you think we’re ignoring bitcoin — we’ve onboarded more people to bitcoin than probably any company in the world. Read More
India, Nigeria, Vietnam Lead Chainalysis Global Crypto Adoption Index
Blockchain data analytics firm Chainalysis has finalized its latest Global Crypto Adoption Index. India, Nigeria, and Vietnam hold the top three positions, followed by the U.S., Ukraine, Philippines, and Indonesia. “The Central & Southern Asia and Oceania (CSAO) region dominates the top of the index, with six of the top ten countries located in the region,” Chainalysis noted.
Chainalysis Previews Latest Crypto Adoption Index:
Blockchain analytics firm Chainalysis published an excerpt from its upcoming 2023 Geography of Cryptocurrency report on Tuesday, which featured the firm’s fourth annual Global Crypto Adoption Index. The complete report is scheduled for release next month.
“We combine on-chain data and real-world data to measure which countries are leading the world in grassroots crypto adoption,” Chainalysis explained, noting that there were 154 countries with sufficient data for evaluation. Read More
Decentralized stablecoins could dominate crypto: MakerDAO founder
MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins.
Decentralized stablecoins may eventually dominate the stablecoin market, so long as crypto “ends up living up to its potential,” says Rune Christensen, the co-founder of DeFi pioneer MakerDAO.
Speaking to Cointelegraph’s Andrew Fenton at Token 2049 in Singapore, Christensen aired his thoughts on the future of decentralized stablecoins such as Dai and their role in the wider crypto economy.
The pair discussed a presentation by Castle Island Ventures partner Nic Carter at the conference in which he said that interest-bearing stablecoins could become 30% of the market within two years.
Christensen agreed but said it would probably depend on the macro situation, adding “if high inflation high rates continue, then probably,” stablecoin dominance will increase. 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.
