Decentralization
Particle Network Releases Modular Layer 1 for Chain Abstraction and Universal Accounts
Particle Network has introduced its modular Layer 1 solution for chain abstraction and universal accounts, aimed at simplifying user interactions across multiple blockchains. The design of this modular Layer 1 makes it an ideal tool for both new and existing ecosystems to leverage. Particle Network plans to launch its Testnet and V1 Mainnet in the […]ETNs for Bitcoin and Ether: explained
Marathon Digital reveals details for Bitcoin L2 multichain Anduro
A closer look at Unstoppable Domains’ .com integration
Unstoppable Domains recently integrated .com domains into its platform. What implications could this move have?
Unstoppable Domains — a prominent provider of Web3 domains — recently expanded its offerings by incorporating traditional “.com” addresses.
This move marks the first instance of merging conventional Web2 domains with the evolving Web3 domain space. This integration aims to seamlessly connect the existing web infrastructure with the new, allowing users to engage with both types of domains on a single platform.
Integrating .com domains with blockchain technology goes beyond a technical achievement; it’s an effort to enhance user adoption and streamline the overall user experience.
Cointelegraph enters into a strategic collaboration with Chainlink Labs to support Web3 startups
Cointelegraph is excited to announce a strategic collaboration with Chainlink Labs, the primary contributing developer of the industry-standard decentralized computing platform Chainlink.
Cointelegraph is excited to announce a strategic collaboration with Chainlink Labs, the primary contributing developer of the industry-standard decentralized computing platform Chainlink. This collaboration will align the Cointelegraph Accelerator and Chainlink BUILD programs, helping drive innovation and accelerate the growth of next-gen Web3 projects.
The Cointelegraph Accelerator is a global program that supports early-stage and up-and-coming Web3 startups. As part of the collaboration with Chainlink Labs, the Cointelegraph Accelerator will provide Chainlink BUILD projects with marketing support, media strategy, social media playbooks, user acquisition guides, access to the largest industry events, and other benefits that help accelerate their growth.
On the other hand, Chainlink Labs will engage with projects under the wing of the Cointelegraph Accelerator by offering technical support, mentorship and providing access to Chainlink’s decentralized computing platform and expanding their builder communities.
Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck
Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck.
Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.
On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of the Bitcoin halving, and emerging dominant crypto platforms.
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Envision partners with HBAR and UN on new digitization platform for carbon markets
Envision blockchain along with HBAR foundation has teamed up with the UN to create a new suite of decentralized tech to streamline the complex carbon markets.
The 2023 United Nations climate change conference saw several new initiatives aimed at innovating the fight against climate change and streamlining the complex carbon credit markets.
The dMRV system is developed in collaboration with the UN Climate Change Global Innovation Hub and built on the HBAR blockchain.
The dMRV platform offers a suite of features that include an artificial intelligence (AI) search and Guided Search features for the United Nations Framework Convention on Climate Change’s (UNFCCC) Clean Development Mechanism (CDM) Methodology library and other standard registries across the carbon market Industry.
The CDM methodology library consists of hundreds of rulesets required to create a carbon credit, independently developed in an analog process supporting the carbon market.
The further scaling of the library of digitized and open-source methodologies allows registries, project developers, and other market stakeholders to use digital technologies to resolve trust and transparency issues.
Cointelegraph contacted Wes Geisenberger, vice president of Sustainability and ESG at HBAR Foundation, to understand the importance and working of the new dMRV platform and how it could help digitize the complex carbon credit market.
Geisenberger told Cointelegraph that the UN GIH/UNFCCC secretariat’s staff were deeply involved in methodology development, while supporting the "toughest challenges in climate negotiations.
Bitcoin maxis vs. multichains: Two opposing visions of crypto’s future
Many Bitcoin maximalists are even hesitant to apply the term “crypto” to their preferred asset, as it brooks association with more centralized coins.
Jan3 CEO Samson Mow has said that comparing Bitcoin to crypto is like comparing “an aircraft to a paper airplane.” Ripple CEO Brad Garlinghouse said, “It will be a multichain world.”
These opposing statements are the latest front in the longest-running feud in cryptocurrency — the battle between Bitcoin (BTC) and everything else that followed.
For the crypto masses, those individuals who hold only to a single blockchain are often referred to as the maximalists.
Bitcoin maximalism is almost as old as Bitcoin itself, with the phenomenon emerging not long after its creation.
According to Bitcoin educator and self-confessed Bitcoin maximalist Giacomo Zucco, maximalists hold four truths dearly:
- Everything that is not Bitcoin is a scam.
- Every attempt at changing Bitcoin is a scam.
- Every attempt at pushing people to spend Bitcoin is a scam.
- We shouldn’t be nice to scammers.
Even in the earliest days of blockchain, altcoins began proliferating. By 2010, the term shitcoin was born.
Cosmos Hub greenlights ATOM inflation cut for security boost
The proposal secured a narrow passage, garnering 41.1% approval votes compared to 38.5% disapproval, marking the highest turnout vote in the Cosmos ecosystem.
The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, ATOM (ATOM), from approximately 14% to 10%.
As per the proposal, the authorized modification would reduce Atom’s annualized staking yield from around 19% to approximately 13.4%. The Cosmos Hub is the primary blockchain within the Cosmos network, a system of interlinked blockchains. The native token of the Hub is Atom, employed for staking, governance, and transaction fees.
The proposal secured a narrow passage, garnering 41.1% approval votes compared to 38.5% disapproval, marking the highest turnout vote in the Cosmos ecosystem. Initially expected to fail shortly before the deadline, a last-minute influx of votes and some reversals from validators narrowly tilted the outcome in favor.
The proposal contended that Atom’s elevated inflation rate, compared to similar tokens, resulted in the Cosmos Hub overspending for security. It also argued that validators could still achieve breakeven or profitability even with inflation reduced to 10%.
Zero Knowledge Validator, the entity with the most substantial vote in favor of the proposal, justified its backing on X. A post asserted, “Double-digit inflation is unnecessary for security, undermines Atom price in the long run, and discourages the use of ATOM in DeFi and other areas within the Atom Economic Zone.”
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The most significant opposition vote was cast by AllNodes, a validator, as outlined in a post on X. AllNodes argued that the change could negatively impact small validators, labeling the proposal as “...an abrupt, short-sighted, and ill-researched idea that might wreak havoc on retail and businesses engaged in building, trading, and validating Atom.”
Cosmos Hub recently upgraded to launch a liquid staking module, enabling users to bypass the previous 21-day unbonding period by unstaking ATOM funds. Before the upgrade, ATOM holders had a locking period of 21 days to move their funds after unstaking the token. With the new module, staked ATOM can be used in the Cosmos decentralized finance (DeFi) ecosystem without compromising yields from staking.
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