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Can Solana become the dominant PoS chain despite persistent outages?
The Solana network seems to be battling persistent outages while seeking to address the industry’s blockchain trilemma.
Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature, it has also encountered a few unique problems.
From resource exhaustion to a halt in block confirmation, the Solana network has suffered a number of setbacks that resulted in repeated power outages, causing the network to shut down for hours on several occasions.
The network went down on December 4, 2020, about three years after Solana was introduced, causing confusion in the community.
The chain appears to have stopped validating new blocks at slot 53,180,900, preventing transaction confirmations. The network engineers discovered and fixed the problem, but it had been down for approximately six hours. Read More
Cardano's Hoskinson Says 'Best-to-Market' Crypto Could Help Avoid Economic 'Collapse'
Hoskinson called the global economy a “train wreck,” but believes cryptocurrencies can help “restore some trust.”
Charles Hoskinson wants you to “wake up.”
In a Twitter broadcast on Tuesday night, the Cardano founder and Ethereum co-founder warned of a “dystopian future” brought on by hyperinflation and governments just printing money.
“The world economy,” Hoskinson warned, “is not healthy.”
And the ongoing crypto crash—where total market cap has plummeted 10% in the past 24 hours, according to CoinMarketCap—has shined a light on the divide between institutional investors and retail investors, the latter of whom, in Hoskinson's view, are using crypto to try to opt out “of a global system that’s unfair.”
“Institutions have been dumping their crypto ... most are looking at it as a high-risk, high-return asset,” Hoskinson said. “This was always the danger of inviting the Wall Street types in.” Read More
Berlin’s biggest blockchain studio Lightcurve announces recruitment plans
Careers in blockchain have proven crucial to shaping a future driven by decentralized technologies.
Blockchain technology is more than Bitcoin (BTC). It is the applications, the solutions, and the possibilities that are enabled when technology allows parties to transact with one another directly. And although significant strides have been made in developing decentralized apps (DApps) in recent years, the future, which some believe may culminate in the metaverse, is still yet to be defined. Therefore, the thinkers, believers, and employees of blockchain projects will set the stage for the financial, social, and technological revolution the world is about to undergo.
People have consistently been the ones at the helm of solving the biggest problems plaguing the world today. With the increasing use of blockchain, these same people have a greater opportunity than ever before to contribute to the progress the world is making in defining these solutions. As a result, careers in blockchain have gained a reputation as being emotionally rewarding by offering individuals jobs with purpose.
In recognition of the value that people play, Lightcurve, a leading blockchain studio based in Berlin under contract with Lisk, is looking to increase their team. This goal is in direct response to Lisk's mission to one day become the most accessible blockchain application platform in the world. Read More
YellowHeart is Transforming How Tickets Are Issued, Sold, and Exchanged
From soccer matches to music festivals, NFT tickets are set to offer unique features and a fair deal for both buyers and sellers.
If you’ve ever had to search for a gig ticket at the last minute, or had to sell your own one on, you know the drill: go to the gig’s Facebook event page and try to find a buyer or seller, or turn to the ticket issuer’s own resale platform.
It’s a painful process; the ticketing industry is rife with gatekeeping companies and exorbitant commission fees, with fans treated as mere customers, devoid of any sense of community. As a result, people see tickets to a gig or a sports event as a transactional tool—and not as a medium that unlocks new experiences.
Founded in 2017, YellowHeart, a blockchain-based ticketing platform, promises to fix the broken $72 billion ticketing industry — an industry that hasn’t innovated beyond static QR barcodes — by leveraging Web 3 tools and ethos to put the community at the heart of the whole process. It’s an end-to-end solution that works out better than traditional alternatives for everyone involved: fans, venues, and artists. Read More
Innovations that will change the way we work and interact online.
The Markethive Social Market Broadcasting Network becomes more prominent daily as the blockchain-driven ecosystem for entrepreneurs with a non-adversarial, bi-partisan free speech ethic and the collaborative culture we rarely see on social media platforms today. Even the newer acclaimed, free speech platforms are partisan to the left or right and deal with de-platforming and boycotts from payment providers.
Unlike the social media giants, which only have one primary news feed algorithmically set by the central authorities, Markethive is integrating four news feeds to accommodate the multi-functional platform within the Markethive ecosystem.
The individual feeds are General, Video, Blogging, and Content Curation, and they are all accessible from the main page and can be algorithmically set by the individual user. The scope that Markethive has is enormous as it integrates all the vertical systems of the other platforms under one roof.
Social + Video + Blogging + Marketing + Curation + Broadcasting + Affiliate + Gamification + Cottage Businesses = Markethive: A Powerful Blockchain-driven Ecosystem
There is nothing out there like Markethive. We are an Inbound Marketing (automated marketing platform) like Marketo, Paragon, and even the wannabee MLM Onpassive platform. We are like Youtube, Instagram, LinkedIn, Twitter, etc., but will be superior to these legacy Web 2 media when we release all the aspects and layout of Markethive 2.0.
We have a dynamic social media interface and growing community with a strong collaborative ethos, with SaaS and broadcasting capabilities already operational. We are not waiting for the launch to access the services; they are already there for you to use to help you facilitate your business and increase your reach and following.
Markethive is enhancing and bringing the platform into the future internet with our new technology and interfaces, but still in keeping with the human touch. Read More
Attorney Says Possible ‘Game, Set and Match’ for Ripple and XRP Lawsuit – Here’s Why
A lawyer and crypto legal expert says that a breach of ethics could mark the end of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs.
Attorney John Deaton points to documents uncovered by an anti-corruption watchdog Empower Oversight involving the SEC’s former Director of Corporate Finance William Hinman and a speech he made in 2018 stating that Ethereum is not a security.
According to Empower Oversight, uncovered emails suggest that Hinman knowingly had a conflict of interest in making the speech before delivering it. If proven, Deaton says it would spell the end of the SEC’s lawsuit against Ripple, which it filed in December of 2020 under allegations that XRP was issued as an unregistered security.
“If Hinman didn’t submit the speech to conflicts screening, it is game, set, and match. The Ethics Office is going to be pissed and want to throw him under the bus if we force this investigation through letters from Congress.” Read More
Blockchain network enables digitizing the mind to eliminate bottlenecks in human communication
Without AI, human interactions might have delayed the distribution of knowledge on a large scale.
Discussions are a highly valuable social process of exchanging thoughts and knowledge, which leads to new inventions. Currently, discussions in groups of just 20 people or more are unbearably inefficient because the amount of information we process deteriorates as more people are added because of the limits of human brain bandwidth and capacity. Taking this concept one step further, current ways to update software often lack the ability to directly incorporate the input of their end-users to design the best possible experience from the user’s perspective. A decentralized social platform project called Tau solves this issue by enabling you to digitize your mind.
Tau has made it their aim to build a better society where knowledge is created with greater efficiency and distributed to solve the complex problems plaguing the world today. The team at Tau believes that in a world where discussions with billions of people are efficient, the advancement of humanity would accelerate to a huge degree. Given the right tools, thousands of scientists could, for example, efficiently discuss a potential cure for cancer and discover the best possible solution at record speed. Read More
How to protect yourself from the recent spate of ‘crypto muggings’
Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the U.K. successfully stole thousands worth of crypto from everyday holders.
There has been a spate of “crypto muggings” in London recently, with thieves threatening crypto holders with violence unless they transfer over their digital currencies held in mobile phone wallets or on crypto exchanges.
As detailed by The Guardian UK, crime reports from the City of London police detail how thousands of dollars worth of crypto has been stolen by thugs in person. One victim said their phone had been pick-pocketed while out drinking and later realized over $12,000 worth of Ether (ETH) had been siphoned from their Crypto.com account. The victims believe the thieves witnessed them type in their account pin.
Another victim was approached by a group offering to sell him cocaine and after moving to another location to buy the drugs, the person was held against a wall while the gang accessed his phone and crypto account using facial verification, transferring over $7,000 worth of Ripple (XRP) to their own wallets.
This is an increasingly common variation on what is termed a “$5 wrench attack.” Read More
NFTs Started ‘a Digital Art Renaissance.’ It’s Far From Over
As the .ART domain registry marks its fifth anniversary, digital artists hail a revolution in their industry.
Digital art was born in the 1960s, but the 2020s will surely go down as the era when the medium came into its own, and turned the art industry upside down in the process.
Technology, in the form of non-fungible tokens (NFTs) such as CryptoPunks, has played a key role in disrupting traditional art-market dynamics. Online marketplaces and platforms have enabled artists to dispense with gatekeepers, birthing a billion-dollar business that favors creators.
“The art landscape changed when CryptoPunks launched in 2017, and everyone realized art can be traded and exchanged through NFTs,” Singaporean digital artist Metalman, told Decrypt.
He and others describe a transformation that helped online art sales double in 2021, per a report by art organization Art Basel. Accelerating this shift online, platforms such as domain registry .ART—which marks its fifth anniversary this month—have enabled creators to anchor their collections, form communities, and reach new audiences. 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.
