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Poolz Announces Partnership With Nervos Network To Build Cross-Chain Ecosystem
Swapping protocol Poolz Finance has partnered up with Nervos Network to integrate their IDO platform to the latter’s open-source blockchain network to continue their mission to build a cross-chain ecosystem.
Nervos Platforms To Get The Poolz Benefit - Today Poolz Finance announced their latest partnership.
“For us, growth is about networking and building partnerships with the right projects working on a similar mission as ours. In that respect, we are excited to announce that we have partnered with and integrated Poolz to one of the most trusted and widely known open-source blockchain networks, Nervos.” Read More
ShapeShift to decentralize entire company, begins with record airdrop
ShapeShift, a leading global cryptocurrency management platform has begun dismantling its corporate structure to decentralize governance to its customers through its FOX token.
The process was initiated with 340 million FOX tokens being granted to more than a million recipients, making it the largest crypto airdrop in history. Current and past ShapeShift users, KeepKey hardware wallet owners, and users of other DeFi protocols all received tokens.
ShapeShift’s decision aims to align the platform with the decentralized finance ethos. In a multi-stage process that began with the airdrop, the company will dissolve all corporate structure, open-source its entire code base and technology, and imbue the FOX Token with governance rights. Read More
Ethereum, Solana, Polygon & Co Form A New Hot Market Of Blockchains
Blockchains are proliferating almost at the rate of crypto assets. There are now blockchains for decentralized finance (DeFi), decentralized exchanges, smart contracts, non-fungible tokens (NFTs), video content, for cloud computing, gaming, marketplaces, and who knows for whatever else.
The market for competing blockchains is now becoming crowded and complex, with many platforms offering variations on the same thing, and many others offering something a little different. It’s therefore hard to discern just which are the dominant or up-and-coming chains, and what the sector will look like in several years’ time in terms of market share. Read More
Signitory Released A New Blockchain-Powered Software To Revolutionize The E-Signature Market
Signitory is a mobile digital signature platform that allows users to sign documents remotely or in the cloud from any location and at any time. Signitory urges customers to download and use their software since it helps save money - both in legal fees and time - while also complying with the government-set social distancing standards. If you are looking for a reliable e-signature solution, Signitory is worth consideration. Read More
Kinesis is excited to announce the historic launch of the Kinesis yield engine.
In a monumental step forward for the Kinesis Monetary system, we are delighted to announce that the Kinesis yield engine is now online.
The yield engine launch represents a historic moment for both Kinesis and the precious metals industry as a whole, offering a yield on precious metals for the first time in economic history.
The Minter’s yield rewards Kinesis users for minting and using KAU and KAG. As the currency created travels through the Kinesis system, minters are paid a monthly yield in gold and silver – forever. This will represent a payout for the 70,000+ users who have supported the Kinesis Monetary System with their engagement and participation over the past few years. Read More
What Is The Difference Between A Token And A Coin?
Firstly, let’s set the stage to determine what the terms Coin and Token really mean. They are often used interchangeably however they are fundamentally different. A crypto coin such as Bitcoin, Ethereum, and Markethive Coin have their own Blockchain, otherwise known as an Independent Distributed Ledger used for transactional purposes. Coins have the same characteristics as money. They are fungible, divisible, acceptable, portable, and durable with a limited supply.
Tokens are a representation of a particular asset or utility. It usually resides on top of another blockchain. Generating a token does not require creating a blockchain from scratch. They are fundamentally made possible through a smart contract and are created to fund project development or start-up company as is the case with the Markethive ILP. (Incentivized Loan Program)
To sum it up, coins are a method of payment, while tokens represent a company’s share or provide access to a product or service within the company. Coins are fundamentally currencies that are used for buying and selling things. You can buy a token with a coin, but you cannot buy a coin with a token.
Coins operate independently while a token has a specific use in a project's ecosystem. Read More
DAOs: How They Give Power Of Governance To The Community
DAOs or decentralized autonomous organizations are an integral part of the blockchain world as they ensure that a project is transparent and decentralized. The crypto world has been flirting with the idea of a DAO since Bitcoin managed to remove intermediaries from the crypto transactions. The next step to revolutionize the DeFi world was to create an organization that does not support hierarchical management.
DAOs of the crypto world keep the platform in check by giving its community the right to dictate the company's future. As the community and token holders govern the platform, they can mutually vote on the most beneficial and prosperous future for the organization and eliminate the ideology of personal gain. Read More
Proof Of Work Is Outdated — It’s Time To Switch Our Attention To Proof Of Stake
Following the recent rapid growth and adoption of the Cryptocurrency industry into modern society, there has naturally been an increased interest in more oversight and regulation into how sustainable Cryptocurrencies can be.
With Global sustainability and energy efficiency at the forefront of these issues, the viability of Cryptocurrencies is now open for debate, with interest firmly focused on the sustainability of blockchains, most notably Proof of Work variants.
In the Cryptocurrency industry, there are two ways to mint and generate tokens for a blockchain; Proof of Work (POW) and Proof of Stake (POS) networks. They're similar due to their composability across the industry but differ greatly in their energy consumption and long-term viability. Read More
DeFi Project Aave to Release Ethereum-Based Twitter Alternative This Year
Aave’s founder told Decrypt that its new social media platform will launch this year.
Stani Kulechov, founder and CEO of DeFi lending protocol Aave, said that users will be able to monetize the content they post and govern the rules of the network.
“We believe that content creators should own their audiences in a permissionless fashion, where anyone can build new user experiences by using the same on-chain social graph and data,” he said. Read More
Jackson, Tennessee Mayor Praises Bitcoin's Benefits Against Inflation, Aims to Create a BTC Hub
Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with bitcoin.
Jackson, Tennessee’s Mayor Is a Fan of Bitcoin, He Wonders Why We Accept Inflation. Read More
SushiSwap Proposes Smaug Debt and Bond Treasury Management
Decentralized exchange (DEX) SushiSwap is mulling ideas on how to raise funds for protocol treasury without negatively impacting its community.
In a governance proposal on July 18, Cinneamhain Ventures partner Adam Cochran suggested partnering with other DeFi protocols such as UMA and Yearn to build a debt-based treasury management protocol on top of Sushi’s ecosystem.
He noted that SushiSwap would get a way to raise funds from locked treasury assets that it can buy back if needed. It then has a way to make revenue off of other protocols that need a more diverse treasury. Read More
Cardano Gets Closer to Smart Contracts With Latest Upgrade
Cardano has completed another phase of its multi-stage Alonzo upgrade that will allow the network to offer smart contracts. On July 14, Input Output HK(IOHK), the company behind Cardano, announced that it has deployed the project’s latest testnet, dubbed Alonzo White, and onboarded new participants who will help the project move closer to smart contracts. 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.
