Reddit Chooses to Leverage Arbitrum's Layer-2 Tech With Community Point ETH-Based Tokens
On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top of the Rinkeby testnet and will migrate to the Ethereum mainnet after testing is complete. Read More
The Humanistic Values Of Cardano And Markethive - A Divine Synergism
Cardano and Markethive - Two systems of the next generation on the rise, making their mark on so many levels. They will eclipse big tech disrupting the monopolizing status quo that the populace has come to accept and is part of their daily lives. As the monopolies conspire on who or what they will boycott or cancel out next, Markethive and Cardano have secured themselves in a position where the oligarchs cannot manipulate them. Read More
Blockchain start-ups see record Q2 despite crypto plunge
Blockchain start-ups worldwide raised a record £3.2 billion in funding during Q2 2021, in spite of the significant decline the cryptocurrency market has been experiencing since mid-April.
This data, collected by analytics firm CB Insights in its ‘State of Fintech‘ report, represents a 50% increase over last quarter and a ninefold increase compared to the same time last year. Read More
What Is Chainlink and Why Is It Important in the World of Cryptocurrency?
Chainlink is a decentralized oracle network that is poised to play an important role in the real-world implementation of blockchain technologies. The purpose of this network is to provide input on a variety of external sources of data.
Although blockchain is great at what it does — providing a decentralized, secure ledger for digital transactions — it isn’t so great at taking input for things happening outside the blockchain. There are many “off-chain” forces that influence markets, including fiat currencies, credit cards, and even the weather and sports scores. As a decentralized oracle, Chainlink can provide input to what’s known as smart contracts. Read More
Votechain launches EazyVC, India’s blockchain-based online voting platform
Votechain, a tech startup focused on blockchain-based online digital solutions has launched India’s blockchain-based online voting platform eazyvc.com. It is the first blockchain-based e-voting platform in India and the application of this platform ranges from elections of IBC/IRPs, housing societies, education institutes, NGOs, government bodies, clubs, associations, and more. EazyVC is also planning to launch company shareholder voting services like the e-voting platforms of NSDL and CDSL, after receiving the regulatory approvals. Read More
Markethive Taking Faucets To Another Level [HIVE]
Markethive Airdrops
Markethive is determined to take a large share of the new Market Network next-generation following the Social Network phenomena. That Market Network is defined as a platform that is integrated with a social network (like Facebook), SAAS tools (like GoToMeeting, ZOOM, and Google Apps) commerce platforms (like eBay, Freelancers, Coinbase, Alibaba).
Markethive has created its consumer coin, Hivecoin (HIVE), originally named MHV, as an instrument to their Ecosystem for Entrepreneurs. So Markethive will establish its niche as the only social (Market) Network with an infinity Airdrop and a system that rewards the users for using it with additional micropayments, otherwise known as a Faucet. Read More
Can DeFi Truly Become the Future of Financial Services?
For the uninitiated, DeFi is a system in which financial products are accessible through a public decentralized blockchain network. This removes the need for consumers to transact through intermediaries such as banks and brokerages.
DeFi allows different players within the financial ecosystem – from buyers and sellers to lenders and borrowers – to transact directly with each other. Read More
One Year On, Cardano Yet To Fulfil Founder's Prediction – But We Are Getting There
It has been a year since Charles Hoskinson predicted that Cardano was going to become one of the largest projects in the crypto space. While Cardano has not lived up to the prediction yet, with no signs of dApps and smart contracts still not live, there are signs of life, with several positive developments occurring in the project.
Cardano may not be where Hoskinson predicted they would be a year ago, but they are certainly going in the right direction. Read More
India to use Ethereum blockchain to verify diploma certificates
The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum to provide tamper-proof diploma certificates.
To counter the rise in document forgery, the Maharashtra State Board of Skill Development (MSBSD) opposes India’s crypto ban narrative of using Ethereum-based public blockchains. In an exclusive statement with Cointelegraph, LegitDoc CEO Neil Martis highlighted that while the certificates are verified using traditional manual methods, MSBSD will start advocating only the digital verification method for all the manual verification requests starting next year. Read More
Blockchain fail-safes in space: SpaceChain, Blockstream, and Cryptosat
Crypto satellite companies are competing to provide blockchain services in space.
In the 1988 “Crypto Anarchist Manifesto,” engineer, author, and cypherpunk Timothy C. May predicted a social and economic revolution enabled by technological developments, including high-speed networks, personal computers, and satellites. Today, former Bitcoin core developer Jeff Garzik — now with SpaceChain — and others are making this vision a reality. Private crypto companies including SpaceChain, Blockstream, Cryptosat, and others are rapidly launching satellites into orbit to offer blockchain validation, multi-signature wallets, and verifiable time-delay functions from space. 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.