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Lightspark's CEO David Marcus Recognizes Current Non-Custodial Lightning Network Solutions Imply 'Some Form of Compromise'
David Marcus, co-founder and CEO of Lightspark, an institutional Lightning Network (LN) payment solutions provider, referred to the state of custodial and non-custodial transactions on the network. While Marcus believes that custodial LN for institutions is ready for prime time, he acknowledged that non-custodial usage still implies compromising on some features.
Lightspark’s David Marcus: Lightning Network ‘Works Well’ for Institutional and Custodial Settings:
David Marcus, co-founder and CEO of Lightspark, a Lightning Network (LN) payments solution provider, has referred to the state of custodial and non-custodial payments using Bitcoin’s Layer 2 scaling solution. On X, Marcus reiterated his belief in Bitcoin as the only cryptocurrency that can serve as the base for a worldwide payments network.
Marcus stated:
Bitcoin is the only viable neutral settlement asset and network that can usher in a new era of global real-time payments. Everything else is either too centralized, not secure enough, doesn’t have the required regulatory clarity, or doesn’t have the required depth of liquidity. Read More
Solana’s genesis story: Anatoly Yakovenko’s vision for a high-performance blockchain
Solana co-founder Anatoly Yakovenko recounts the “eureka moment” that birthed the blueprint for the layer 1 smart contract protocol, aiming to be “hyper-optimized” and “fast as possible.”
“I literally had two coffees and a beer, and I had this eureka moment at four in the morning,” Solana co-founder Anatoly Yakovenko recalls as he leans back thoughtfully.
Speaking to Cointelegraph at Solana’s annual Breakpoint conference in Amsterdam, the co-founder recounts a late-night brainwave of a “hyper-optimized, fast as possible” smart contract blockchain protocol.
“The use case that I was going after was for central limit order books, like how to run something that’s like the Nasdaq, but on a public permissionless blockchain,” Yakovenko explains.
“I thought that there was a clear win there if you have transparent data, everyone has fair and open rights, and all this stuff is running on commodity hardware.” Read More
Launching a DeFi company? 9 tips for choosing the best locale
Even in a digital era, choosing the right location for a new DeFi business can be a critical and complex task.
In this era of digital and remote business operations, it’s not uncommon to hear that choosing the location of a company’s headquarters isn’t as important a decision as it used to be. However, if an entrepreneur is launching a decentralized finance company, they’d be wise to set that advice aside. Launching in a relatively young industry with unsettled regulatory environments and unique talent needs means choosing a headquarters locale is actually a critical decision.
So what are the details to consider and the checkboxes to tick for an entrepreneur researching where to launch a DeFi company? Below, nine members of Cointelegraph Innovation Circle share their earned industry knowledge to help a DeFi founder who’s considering where to locate their startup headquarters. Read More
Decentralized file sharing, explained
Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to distribute files across a network of nodes.
Distributing and accessing data without depending on a centralized server is possible with decentralized file sharing. Rather, files are kept on a network of linked nodes, frequently through the use of peer-to-peer (P2P) technology.
To enable file sharing, each network user can provide bandwidth and storage space. BitTorrent and InterPlanetary File System (IPFS) are two well-known instances of decentralized file-sharing protocols.
The decentralization of file sharing has completely transformed the way users access and store digital content. In contrast to conventional centralized file-sharing systems, which store files on a single server, decentralized file-sharing uses a P2P mechanism. Dispersing files among a network of linked nodes promotes a more robust and secure system. Read More
REFER THREE TO MARKETHIVE TO RECEIVE BONUS AIRDROPS AND ACTIVATE MICROPAYMENTS
As Markethive continues to gain traction with new members joining daily, Markethive is steadfast and in preparation to take a large share of the new Market Network that is the next generation following the social media craze of Web 2.0. Markethive is a Social Market Broadcasting Network. It sounds like a mouthful, and it is!
Markethive is an all-encompassing platform that has integrated;
As Markethive’s foundation is Blockchain-driven, it has its consumer coin, currently named Markethive Coin (MHV), but soon to be renamed Hivecoin (HVC - the Ticker Symbol). It is fully integrated into the system and has created an Ecosystem for all Markethive members, free and upgraded Entrepreneurs.
So Markethive has established its niche as the only Social Market Broadcasting Network with an infinity Airdrop and a system that rewards the users for engaging on the platform and learning how to use it with ongoing, real-time micropayments, otherwise known as a Faucet.
Markethive has the combined power of Facebook, LinkedIn, Marketo, and Amazon, with the real advantage of deriving income within the Markethive system while promoting your business and enjoying the social media interface. Read More
Illuvium Preview: Everything You Need to Know About the NFT Games
Illuvium is an NFT-powered sci-fi fantasy world with cards, creatures, and worlds to explore. Here's an introduction to its games.
Illuvium is a sci-fi fantasy NFT gaming IP with four games in development: Illuvium Arena, Overworld, Zero, and Beyond. While each of these titles are separate games, they do offer some interoperability and cross-game rewards.
The Illuvium team has also released its own Ethereum ERC-20 token, ILV, and its own marketplace, the Illuvidex. There’s also a community-based voting system in place with the Illuvium DAO, which suggests new initiatives for the Illuvium ecosystem.
Here’s what you need to know about the wide world of Illuvium. Read More
ATOM Slips 4% as Founder Pushes for Cosmos Fork After Inflation Vote
The passing of a proposal to slash inflation on Cosmos Hub’s ATOM token has seen Jae Kwon pushing to “coordinate a split.”
Following the passing of a community vote to slash inflation on the Cosmos Hub’s native token ATOM to 10%, founder Jae Kwon has called for a hard fork of the cryptocurrency.
The rift in the Cosmos community has seen the price of ATOM slip by 4% in the past day, to its current value of $9.29, per CoinGecko.
Proposal 848 passed with 41.1% of the network’s voting power versus 31.9% against, with 6.6% voting for a veto and 20.4% abstaining. The proposal will see ATOM’s inflation cut from around 14% to a maximum of 10%, reducing its APR from around 19% to around 13.4%. Read More
Can Blockchain Gaming Catalyze the Next Bull Run
By now, it’s evident that blockchain technology has had a significant impact on traditional industries.
The debate surrounding digital assets is still ongoing, but the utility and benefits of blockchain are increasingly recognized across multiple industries.
In 2022, the blockchain technology market was valued at $11.1 billion and is projected to grow to $469.5 billion by 2030 with a CAGR (compound annual growth rate) of 59.9%.
In this burgeoning market, blockchain gaming has carved out a significant niche.
The benefits of digital ownership, real reward-based competitive engagement and transparency are attracting more gamers and traditional studios.
The blockchain gaming sector recently reached a milestone of one million daily unique active wallets, representing 33% of the blockchain industry’s monthly activity. Read More
Mainstream approval critical for blockchain games — Gaming execs
Three gaming executives believe mainstream audiences will play a factor in the overall success and future of Web3 games.
Web3 game developers have been battling to gain the attention of mainstream audiences for years, and according to three former gaming executives, that market is essential for the industry’s future.
Video games have become a favorite pastime for a lot of people all over the world, and have even evolved into a sport. Overall, there are more than three billion Web2 gamers worldwide as of 2023, according to Exploding Topics. Most are considered casual gamers who play regularly but rarely invest significant time.
Jennifer Poulson, who has worked in the gaming industry for 18 years, including at Web2 gaming companies Bandai Namco (Tekken, Elden Ring, PacMan) and Riot Games (League of Legends), believes mainstream audiences are “absolutely” important for the future of Web3 games. 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.
