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Polygon launches a zk-STARK scaling solution for DApp deployment
The move is expected to improve the validation process for DApps on the Polygon network.
Polygon, a layer two scaling solution for Ethereum compatible blockchains, stated in a press release provided to Cointelegraph that it has launched its zk-STARK powered Miden Virtual Machine for the development of decentralized applications, also known as DApps.
zk-STARK stands for zero-knowledge Scalable Transparent ARgument of Knowledge. In layman's terms, zero-knowledge technology allows one party to prove to another that they hold private information (such as a password) without revealing what that information is. STARK is one such method to algorithmically obfuscate, prove or verify such information. Polygon has committed over $1 billion for the development of zero-knowledge technology. Read More
Decentralized network develops solution in support of a free and open internet
Blockchain combined with VPN and Tor technology may be the key to an anonymous future.
The MASQ Network, a decentralized mesh network that was built to support a free and open internet. The network combines the functions of a virtual private network that keeps browsing data private by redirecting your internet connection through Tor-like technology and using free and open-source software that enables communication. The result is a next-generation privacy software that leverages blockchain technology in a leading-edge desktop application.
The MASQ Network platform is based on Ethereum (ETH) and allows users to connect to nodes worldwide, regardless of location. By participating in a secure network that is resistant to outside manipulation, users contribute to an uncensored global future while earning cryptocurrency rewards for their support.
Kauri Hero, the project lead and co-founder, describes the project by saying,
"MASQ Network represents an important project to push back against widespread censorship in modern society. It stands to share the freedom of the most unrestricted netizens with those whose online experience is the most censored." Read More
Tether launches Synonym to boost Bitcoin adoption through Lightning Network
The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform.
Synonym Software Ltd., a company founded by stablecoin issuer Tether Holdings Limited, officially launched on Tuesday, setting in motion a highly ambitious project to bring Bitcoin (BTC) transactions mainstream through an independent financial platform that utilizes the Lightning Network.
Synonym’s stated goal is to enable self-ownership and control of crypto assets by creating an open financial ecosystem that utilizes Bitcoin and the Lightning Network, the company announced Tuesday. CEO John Carvalho said “Hyperbitcoinization won’t magically happen on its own. In order to live in a world without big banks, oppressive regulations, or Big Tech presiding over our lives, we need a strategy and ecosystem to replace the legacy economy. That is where Synonym comes in.” Read More
Ripple outlines possible regulatory framework for crypto industry in US
Innovation sandboxes, applying existing frameworks on crypto, and communication between the public and private sectors were included in Ripple's suggestions.
In a Tuesday post on its website, Ripple released its vision for a regulatory framework aimed at advancing innovation while protecting investors in the United States. According to the firm, regulators need to be encouraged to promote innovation sandboxes, some of the existing frameworks in the U.S. can be applied to cryptocurrencies and there should be “an active dialogue between regulators and market participants.”
Ripple advocated for the proposed measures as a way to provide regulatory clarity to all in the crypto space “in a way that an ad hoc, regulation-by-enforcement approach simply cannot.” According to CEO Brad Garlinghouse, the proposal was “designed to address and remedy the specific challenges” to the industry. Read More
Wallet in final draft mode
Staking the Markethive Way
Staying One Step Ahead
Markethive started out as a sophisticated inbound marketing platform with a social media interface harvesting a robust collaborative culture. The entrepreneurs of the Markethive community have been using the free system and tools, promoting their businesses, and branding themselves across the internet with much success.
With the advent of Blockchain technologies, Markethive set its path on an unprecedented journey of combining marketing, social media, digital broadcasting, e-commerce, gamification, etc., with cryptocurrency and decentralized Blockchain, distributed ledger technology. An ongoing project of massive proportion to deliver sovereignty, financial and self, and freedom of self-expression for all equitably, without bias.
Markethive is a Vision from the Divine Source. Its mission is to fill the vacuum for the world's entrepreneurs - To empower and enrich the lives of every individual on every level across the globe. And the timing couldn’t be more perfect as we witness the soul-less destruction, tyranny, and surveillance of humanity gift wrapped and delivered to us as protection and for our own good.
We are building an ecosystem, and there’s an absolute need and use for our coin (HVC) for everything we do; therefore, the potential for the open market to accept and embrace HiveCoin is very promising. Read More
Hyperdeflationary token reDeFines decentralized finance with a solution to preserve people’s wealth
As inflation in the U.S becomes more than transitory, deflationary assets become essential to enabling wealth.
The GOMA ecosystem continues to provide value by using the tools and mechanisms that help make DeFi (decentralized finance) and nonfungible tokens (NFTs) accessible to everyone. The GOMA token currently exists as a BEP20/ERC20 token on the Binance Smart Chain (BSC), which helps the team guarantee lower transaction costs and higher transaction throughput while also ensuring holders have an opportunity to earn.
While many continue to believe DeFi is complicated, risky, and lacks a community focus, GOMA has made it their aim to reDeFine the concept of decentralized finance with their hyperinflationary token. The GOMA token was built with in-token burning and features for redistribution, where 3% of each transaction, including purchases and sales, of GOMA are redistributed to GOMA holders, a structure aimed to encourage long-term holding. For users, this means the more GOMA held, the more they will receive back and the greater the amount of passive income they become eligible for. Read More
Pharrell Williams and NFT Creators Help Form DAO to Protect Artist Rights
The music mogul is turning his creative mind to the world of NFTs.
Many artists bristle at control and limitations. And while some have turned to non-fungible tokens as a new revenue stream, they've run into fresh restrictions related to ownership and participation.
CXIP Labs, a software development company focused on NFT API integration, announced today the launch of the CXIP DAO, with the goal of letting creators govern and oversee the future of the NFT market instead of semi-centralized marketplaces such as OpenSea and Rarible. Its advisory council includes recording artist and entrepreneur Pharrell Williams, visual artist Jen Stark, and Justin Aversano, whose Twin Flames collection has registered about $18.4 million in trading volume all time, according to NFT marketplace OpenSea. Read More
Navigating CityCoins: Miami citizens to earn Bitcoin despite the city not holding crypto
The mayor of Miami plans to give residents a Bitcoin dividend, but what exactly does this mean, and is there any real utility in this move?
Miami is quickly becoming the crypto capital of the United States. In August of this year, the Magic City was the first state in the U.S. to launch MiamiCoin (MIA), its very own cryptocurrency used for civic engagement. A few months later, Mayor Francis Suarez announced that every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend.
While such a proposal would make Miami the first city in America to provide a Bitcoin (BTC) yield to its residents, Mayor Suarez told Cointelegraph that the City of Miami does not actually own or hold MiamiCoin, or any cryptocurrency for that matter. Read More
What Is a DApp? Decentralized Applications Explained
Decentralized applications, or DApps for short, are built on blockchain networks and use smart contracts to create a safe space for users’ sensitive data. These DApps are open-sourced. They run on peer-to-peer networks, and no single entity is in control of them. Instead, participants of the network facilitate improvement by sharing more and more information, as well as providing the computing power necessary for its functioning.
All of the data and records of the DApp are kept completely public and transparent. The network is still secure, as it uses a cryptographic token that manages users’ private keys. 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.
