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New Developments Happening in the Blockchain Space - January 27th

Posted by Simon Keighley on January 27, 2022 - 8:31am

New Developments Happening in the Blockchain Space - January 27th

New Developments Happening in the Blockchain Space - January 27th

Image Source: Pixabay


Panther protocol co-founder Oliver Gale discusses bringing zero-knowledge technology to multichain

"It's been a blessing and a privilege to participate in a community with over a quarter of a million people who have joined the "Panther Corps" in the last 12 months," says Gale.

Privacy coins and zero-knowledge technology, which some use to obfuscate the identity of sends/receivers and transaction amounts, have gained enormous popularity in recent years due to mounting regulatory surveillance against the crypto sector. But despite their rapid rise in market cap, critics continue to scrutinize such a class of assets as enablers for masking illicit activities.

In an exclusive interview with Cointelegraph, Oliver Gale, CEO, and co-founder of the Panther Protocol (ZKP), elaborated on the technology behind its privacy decentralized finance, or DeFi, solutions and why it's necessary for the current crypto space: Read More


 

Pakistan's president calls for more training in blockchain technology

Among the panel of experts that met with President Arif Alvi was Bitcoin Association founding president and Bitcoin SV advocate Jimmy Nguyen.

Arif Alvi, currently serving as the president of Pakistan, called for additional training in emerging technologies including blockchain, artificial intelligence, and cybersecurity while meeting with a delegation of blockchain technology experts.

In a Monday announcement, Alvi said Pakistan’s talent pool should be ready to meet the needs of the Fourth Industrial Revolution, which includes utilizing blockchain technology in the public and private sectors. According to the Pakistan president, the technology could be used as a government tool to track transactions, reduce corruption and increase transparency. Among the panel of experts was Bitcoin SV advocate Jimmy Nguyen, founding president of the Bitcoin Association. Read More


 

Bring Your Project In Front Of The Masses With The Help Of An IDO Launchpad

The rapid growth of digital space has helped various businesses to enter a new era of better output and convenience. The growing metaverse is an excellent example of how advanced the digital space has become, and the growth potential is limitless. To help in the development and growth of the businesses and projects, IDO launchpads play a crucial role.

These IDO launchpads serve as an investment accumulator for projects, especially for GameFi and Metaverse projects, by attracting investors in similar niches. The community, investors, and project developers can come together to build up the project from scratch.

The IDO launchpad is a platform that allows developers to list their crypto and blockchain projects in what acts as a pool of investors. These platforms enable investors to participate in the listed project on the launchpad at a discounted price before the projects go live.

These launchpads are decentralized platforms that offer a variety of customizable features that help businesses attract investors while creating a mutually beneficial situation. Using the IDO launchpad, investors can change the liquidity locks, financing type, selling price, and token vesting in a systematic manner. Read More


 

Blockchain assessment: How to assess different chains?

Before investing your valuable resources, you should assess blockchain projects based on various factors, including community, use case, the team behind it, longevity, etc.

With so many blockchain networks appearing all the time, new or even experienced crypto enthusiasts may feel overwhelmed when it comes to deciding which are the best to invest in.

In this guide, we’ll outline the most important aspects of any blockchain project, and why one should pay close attention to such details when assessing the different chains on the crypto market. Read More


 

From ARPANET To INTERNET & BEYOND

Markethive Leading The Way In Web 3 Social & Market Media

Markethive, the blockchain-driven ecosystem for entrepreneurs, has already successfully bypassed the centralized web services, like AWS and Microsoft, and operates on its own cloud system. The new login system Markethive has developed relinquished the need for 3rd party APIs that are potential vulnerabilities in Web 2 and threaten our freedoms. 

Currently, Markethive is expanding its cloud system, called Mining Hives, worldwide. This means all data about Markethive and its users will not be stored on servers owned and controlled by a centralized entity. 

Instead, it is a distributed database on the Markethive Blockchain with no single point of failure and no internet disruption or censoring by dictatorial authorities who may decide to shut off the internet. 

Web 3 gives us a better chance at building a more inclusive internet that respects all who use it. Decentralized networks can win the third era of the internet for the same reason they won the first era: by winning the hearts and minds of entrepreneurs and developers.

Web 3 is an opportunity to distribute the wealth amongst the rest of us generally paid only to shareholders. Markethive stands tall and is dedicated to delivering the emerging environment of Web 3 to its community; one of self and financial sovereignty. Read More


 

Online Blockchain plc: The Red Village and Umbria Partner to Create a Seamless Gaming Experience

Umbria Network is providing The Red Village community with a fast, cheap, and easy way to bridge ETH to the Polygon network (WETH) via its new bridge widget.

The Red Village is the first dark-fantasy Play-to-Earn (P2E) multiplayer NFT game on the Polygon network (formerly MATIC). NFT 'Champions' - characters played within the game - exist on Polygon. In order to purchase Champions, gamers will need to convert their Ether ($ETH) from the Ethereum mainnet to wrapped ETH on the Polygon network. Players will also require WETH to pay the buy-in when competing in the game's flagship fighting Tournaments. Umbria's Narni bridge widget will enable them to do this faster, and at approximately a 90% discount to other solutions.

Umbria's Narni Bridge - https://bridge.umbria.network/ - has already been heavily adopted by the NFT community. The widget has all the core functionality of Narni and can be fully integrated into third-party sites. Umbria developers have worked closely with The Red Village to help design a custom, rebranded bridge for its platform whereby players remain within the game's ecosystem and can easily migrate their assets to the correct chain to enjoy a superior, frictionless user experience. 

"The widget brings the huge speed and cost-saving advantages of the Narni bridge to end users inconspicuously within their native environment," said Oscar Chambers, Co-founder/lead developer of Umbria Network. "We're delighted to have The Red Village as the premier test case for the widget and are excited to be bringing the Narni experience to this wider gaming audience." Read More


 

Solana Ecosystem Latency Made Faster By QuickNode Infrastructure

2021 was a massive year for Miami-based crypto startup QuickNode. The startup with ambitions to dominate the blockchain space, by providing infrastructure solutions to leading companies across many industries, successfully raised $35million in a round led by Tiger Global Management. This followed a $10 million fundraising round from investors like Softbank. The crypto company intends to use these funds to grow fast, a must following its 20X revenue growth in 2021.

QuickNode, which serves non-native blockchain firms like Atari and Paypal, to big blockchain companies like OpenSea, ChainLink, and PancakeSwap, gives them access to build dApps like exchanges and write to blockchains for NFTs.

According to co-founder, Auston Bunsen, 

“Every social media asset wants to do NFT stuff. We want to be a provider for them. Every large bank that is thinking about adopting crypto into their product set, we want to support them.”

While QuickNode provides support across BSC, Ethereum, Matic, Bitcoin, and 7 other blockchains, it provides an enhanced level of latency for Solana and the company set out to prove exactly that. Read More


 

Hedera Governing Council to buy hashgraph IP, and open-source projects code

Distributed ledger service Hedera Hashgraph is expected to deploy a panoply of upgrades in 2022 in line with their long-term pursuit of decentralization.

The Hedera Governing Council has officially voted to purchase the intellectual property rights to the hashgraph consensus algorithm from founding architect and inaugural member of the council, Swirlds Inc, for an undisclosed fee.

A Wednesday announcement also details plans to transition their code to an open-source model this year under Apache 2.0 license, in addition to transferring core team members such as CEO Mance Harmon and chief scientist Leemon Baird from Hedera to Swirlds Inc. as the CEO and chief technology officer, respectively, and deploying community staking and node opportunities, among other updates.

Hedera Hashgraph is an enterprise-grade distributed ledger technology designed to create decentralized applications in the Web3 sphere.

It's governing council is composed of 25 corporations, including Google, IBM, Tata Communications, and Boeing, who each support the project's decentralized ambitions through the establishment and operation of blockchain nodes, and participating in governance voting, among other duties.

Hedera’s evolution to an open-source technology differs from their current model of open-review, in which the code appears as publicly visible, but is not accessible for editing or developmental purposes by the global community. Read More


 

Japanese RPG works alongside Klever to revolutionize gaming with play-to-earn model

The rise in NFT game releases has led many to wonder which ecosystems show the most promise.

Cryptocurrency and video games quickly collide into an entirely new world of “play-to-earn” games as a part of a larger Web3 movement. The result is that a whole new generation of gaming experiences are being developed, one in which players are being incentivized to continue spending time in the gaming ecosystem. The result is that this trend has already overtaken traditional business models in the gaming industry. With the DeFi gaming market showing no signs of slowing down, many are looking for opportunities to join in, effectively taking part in this new movement. The decision then becomes which game holds the most potential.

One key differentiator is the presence of a credible backer, which can suggest that the direction a game might be venturing down has a good chance of turning out. Devikins, a blockchain game developed by developers with AAA experience and backed by Klever, making it one of the newer games worth calling out.

Klever has increased in popularity in the TRON ecosystem, being known for its wallet and proprietary token, KLV. Together, the involvement of Klever with the Devikins game may result in a mutually beneficial arrangement, allowing Klever to one day overtake the price of TRON and Devikins to deliver a gaming experience in which players can earn. Klever.io remains one of the project’s main partners, helping the Devikins team develop their blockchain and sitting alongside them as advisors. 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.

 

 

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