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New Developments Happening in the Blockchain Space - August 19th

Posted by Simon Keighley on August 19, 2021 - 8:04am

New Developments Happening in the Blockchain Space - August 19th

New Developments Happening in the Blockchain Space - August 19th

Ethereum Fee Burns Clocks $100 Million, Here’s Why The Burn Is Important

The Ethereum network has now continuously burned base fees for a week straight and in that time frame, the amount of ETH burned has hit $100 million. With over 32,000 ETH burned in the space of seven days. The fee burn rate fluctuates given the network traffic, but the burn continues regardless. Depending on network traffic going forward, the burn rate is predicted to hit 4 ETH per minute very soon. Read More


 

The world’s first decentralized euro token platform integrates with Polygon to provide lower fees and faster services

The world’s first decentralized Euro token is on its way to cheaper transactions and widespread adoption with help from a well-known DeFi protocol.

With the mission to help users access the best of the services available on the blockchain, Mimo has undergone an integration with the Polygon framework to bring added utility to their network.

Mimo DeFi became the first platform allowing its users to mint stable tokens algorithmically pegged to the Euro without spending any digital assets. Instead, cryptocurrency investors could lock up any cryptocurrency in their possession. Investors could do so while simultaneously minting PAR tokens, letting their assets appreciate and maintain ongoing exposure to cryptocurrencies. Read More


 

Building the World of Decentralized Blockchain Solutions – David to Big Tech’s Goliath

Every interaction we have with a piece of technology has been reduced to a data point. Every desire is a marketing opportunity, every banal conversation offers a wealth of consumer research, and every scrap of digital rights we forfeit along the way could be utilized to further diminish our privacy and lock us into a highly commodified ecosystem.

Yes, it’s possible that “big tech” rules our lives with a silicon fist, and that we have provided our full consent, allowing these means to become standardized business practice. In looking at the verbose legalese of infinite end-user license agreements (EULAs), we can know that we risk trading our privacy for convenience and funding the richest companies in the history of the world to do it. Read More


 

An Iconic 70s Gaming Brand To A Futuristic Blockchain Firm: The Evolution Of Atari

After remaining on the sidelines for almost two decades, Atari announced its “return to the living room” with its next-generation VCS. This VCS combined the look and feel of the retro machine with new-age technology to create a powerful gaming console. But, that’s not all. Capitalizing on the crypto trend, Atari also created its blockchain network and cryptocurrency to power the future of the interactive gaming industry. Read More


 

Nonfungible tokens: A new paradigm for intellectual property assets?

The sales or licensing of patents via NFTs, automated by the use of smart contracts, could benefit potential buyers, sellers, or licensees.

Nonfungible tokens, or NFTs, are digital records of the ownership of assets. The asset types most commonly associated with NFTs are digital assets, such as artwork like memes, GIFs, or gaming characters or properties. Assets represented by NFTs, however, may be digital, physical, tangible, or intangible. Examples of asset types that have been transferred or that have had their ownership recorded utilizing NFTs include sports memorabilia, copyrights in music, artwork, and real estate. Intellectual property assets and, specifically, the ownership and transfer of ownership of patents may also be recorded and transferred as NFTs. Read More


 

How blockchain could have saved the Library of Alexandria

In an effort to save the future of the Library of Alexandria, blockchain technology could help preserve records and archive systems.

Using blockchain technology to keep a record of the data stored on a decentralized cloud service could be exactly what the historical and archive industries need to protect our collective human history from destruction, pillage, and faulty record-keeping. Read More


 

MARKETHIVE MAKING HISTORY IN SOCIAL MARKET MEDIA AND BLOCKCHAIN

This is great news for humanity and the empowerment of the sovereign online nation of Markethive. 

Markethive, with its team of dedicated engineers, is now in the throws of rebuilding the platform, moving all data, applications, and technology to our own server cloud system.

We have here history in the making of the next generation social market media and not as simple as just relocating Markethive to another established server. We are building our own Apache network matrix cloud system. 

Markethive is constructing a brand new system that operates differently from our previous system, which is a process of building new servers that will align with our Blockchain. These are cloneable servers so that we can operate with a distributed database. 

We will no longer be at the mercy of third-party APIs serving their interests. Previously Markethive used Amazon and Microsoft’s Azure servers. Read More

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A multichain approach is the future of the blockchain industry

Multichain solutions will change the blockchain space from an “interesting new technology” to an essential, high-growth industry.

The blockchain industry market size was estimated by some to reach more than $21 billion by 2025. The market capitalization of the cryptocurrency market as a whole already reaches over $1.9 trillion. An ecosystem that was once defined by its tight-knit community and exclusivity now reaches governments, businesses, institutional investors, and individuals who are all becoming more positive about the evolving space.

With this new popularity, a crossroads has emerged. We have reached the stage of adoption where the amount of users utilizing decentralized technology has exceeded the functionality of the technology itself. This has resulted in regularly congested networks and a demand for solutions.

Many of the roadblocks we are experiencing could easily be solved with scaling solutions such as bridges, parachains, and other features that create seamless transitions for Web 3.0 users and depend solely on a shared vision of a multichain approach to the next wave of blockchain adoption. Read More


 

Dark Web Criminals Have Built a Tool That Checks for Dirty Bitcoin

Dark web tool Antinalysis lets criminals check their level of risk before trying to cash out crypto earned from crime.

A newly-discovered tool on the dark web lets criminals check how clean their Bitcoin is.

The tool, called Antinalysis, was likely built by an administrator of a darknet market to help their merchants launder Bitcoin, according to an analysis by Tom Robinson, co-founder of London-based blockchain investigation firm Elliptic.

After a wallet is linked to Antinalysis, the tool breaks down from where the Bitcoin it holds originates and how risky it is to hold it. Read More


 

An Introduction To Solana: Innovations, Characteristics, And Criticism

Will Solana be the one? The race to be the prime smart-contract-enabled blockchain is heating up. Many projects are chasing Ethereum’s tail, offering faster and cheaper transactions plus technological innovations. What does Solana offer? An internal clock. An incredibly higher number of transactions. Fees so low that are almost non-existent. The possibility to scale to global adoption in their layer 1. Read More


 

The World’s Fastest Blockchain Exceeds 1 Million Transactions Per Second

For over seven years, a team of mathematicians, programmers & AI specialists in Russia have been perfecting the lightning-fast logistical Tectum Blockchain — and it’s finally ready for prime-time. We’re joined by software executive Alexander Guseff to learn how Tectum may transform records-keeping, digital media rights, inventory management, IoT, geo-positioning, 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.

 

 

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