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Cardano Founder Charles Hoskinson Says The Term Smart Contracts Needs To Be Changed
Smart contracts have been in the crypto space for quite a while now, most recently debuting on Cardano. With the rise of decentralized finance (DeFi), smart contracts have become even more important to the entire industry. This is because they are required to build the protocols on which these decentralized applications (DApps) run on. As they have grown in popularity, smart contracts platforms like Ethereum and Solana have recorded great success with them.
Cardano has been working on bringing smart contracts to its network for a while and on September 12th, that dream became a reality with the final launch of the Alonzo Hard Fork Combinator (HFC). The arrival of smart contracts capability on the network was widely celebrated in the industry. But now, Founder Charles Hoskinson does not believe the term does justice to what Cardano actually does. Read More
PayPal Announces New App That Includes Crypto Services
An anticipated PayPal “super wallet” – which includes “crypto capabilities” – has finally been launched.
Online payment giant PayPal has announced a new app offering multiple financial services previously foreign to the platform – including “crypto capabilities.”
PayPal’s New App Features - As reported by Newswire, the new app will introduce the ‘PayPal Savings’ service in partnership with synchrony bank, a savings account that offers APY rates of 0.4% with no monthly fees or minimum necessary balance. Read More
Tezos Announces Hangzhou — The Newest Upgrade Proposal
Tezos recently announced a new upgrade proposal. They named it after Hangzhou — a location in China’s Zhejiang province that’s known to be a major global tech and innovation hub. The upgrade proposal includes major improvements to Tezos.
Tezos is one of the earliest Proof-of-Stake blockchains. It’s also one of the networks that have on-chain governance that lets the network upgrade without performing a hard fork.
While platforms like Cardano are still starting to implement smart contracts, Tezos consistently improves its decentralized network with major updates. The Hangzhou proposal is a predecessor to the upcoming Tenderbake consensus upgrade and will present new technical tools and patches.
The upgrade proposal includes several major improvements. This includes the following: Read More
2021 Is The Year Of Cross-Chain Projects. Here Are Some To Watch
In the first quarter of 2020, the Decentralized Finance (DeFi) sector exploded with the advent of yield farming. High returns and new applications for the industry attracted investors, developers, and entrepreneurs. Since then, the total value locked (TVL) in DeFi has grown tremendously.
Ethereum has always been the chosen home for DeFi, but as more and more people jumped in on the craze, scalability problems started to surface for the ecosystem. High fees and congestion have made Ethereum virtually unusable for retail users, which has led to several new ecosystems surfacing.
Popular ecosystems include the Binance Smart Chain (BSC), Fantom, Polygon, and xDai, which are EVM-compatible and allow for easier integration for DeFi projects, allowing users to choose which blockchain/ecosystem to use when navigating their respective decentralized applications (dApps). Read More
The First In The Social Media Marketing Niche
Markethive is building an epic entrepreneurial ecosystem, never seen before and transcendent to other social media and marketing platforms. The transformation is enhanced with our release of the first of many initiatives being the Wheel Of Fortune and the launch of The Boost to follow soon after.
With Markethive now running on its own servers, with the security of Blockchain and its Hivecoin about to be released as a native fungible multi-asset token on Cardano, we have arrived as the first mega decentralized social platform marketing network with the mission is to deliver a decentralized and autonomous environment to the masses, that is not subject to the oppressive technocracy. Read More
Trading Giant Robinhood Rolling Out Crypto Wallets Next Month
Financial services titan Robinhood says it’s gearing up to offer cryptocurrency wallets to its customers.
Users will be able to test buying, sending, and receiving all cryptocurrencies supported by Robinhood starting next month, according to a new post on the company’s blog. Read More
Twitter Launches Tips, Enables Bitcoin Payments Via Lightning Network With Strike
Microblogging and social networking platform Twitter has officially shared details of its new feature that would enable users (at least on iOS, for the meantime) to receive tips from other users through a number of payment options, including crypto.
Rumors of the tipping feature that integrated with crypto began circulating early this month, and now, Twitter has officially announced it as a new implementation on its app.
“People already drop links to their payment profiles in their bios and in their Tweets. Tips makes this easier to do, offering one fixed spot, right on your profile, where you can link to your Cash App, Patreon, Venmo and other platforms where people can support you.” the company shared on its official blog. Read More
IOHK To Launch DAppStore For Certified Cardano Projects
Input Output (IOHK), the blockchain development firm behind the Cardano blockchain, has announced that it is bringing certified dApps on the project, with a matching storefront for the selections.
The new storefront will be called Plutus dAppStore, and will feature similar functionality to how comparable app stores work on other ecosystems such as mobile and web apps. The new dAppStore will also operate with a formal certification program for third-party dApps that are compatible with the Cardano blockchain.
According to IOHK, the storefront will make it easier for the Cardano community to discover and make use of the latest dApps being built natively into the Cardano blockchain. With the Plutus dAppStore, all developers and users will get a more direct and integrated experience on the protocol. Read More
Akon gives the play-to-earn poker platform a shoutout for being the next wave of gaming
Leveraging blockchain technology and partnerships with Polygon and Chainlink, one online poker platform is positioning itself to reach new audiences with guaranteed fairness in a play-to-earn setting.
To bring a level of fairness to the blockchain, Polker leverages their patent granted technology, the True Random Number Generator (TRNG). TRNG begins with the player’s seed, combines it with the Polker platform’s seed and the random nature of the block hash value, guaranteeing the randomness of the number generated. TRNG is used in conjunction with the potential of the blockchain to provide full transparency, further preventing cheating and other fraudulent practices. All gameplay data is stored in the hash of a smart contract, so the raw values can be compared and verified to prove no manipulation has occurred.
While the blockchain makes it trustworthy, the platform is also making a play for extended functionality. By leveraging Unreal Engine 4, a powerful 3D creation platform, Polker can create the immersive experience lacking from many major poker sites. 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.
