Blockchain News

What is Metcalfe’s Law, and why does it matter?

• by admin
• August 7, 2023

Metcalfe’s Law in crypto Metcalfe’s Law is a fundamental principle used to comprehend the network effect of communication systems such as cryptocurrencies and blockchain networks. Metcalfe’s Law was first used in the telecommunications industry, and has subsequently been applied to several social and technological networks. Metcalfe’s Law was created by Robert Metcalfe, the co-inventor of […]

Blockchain News

Japan Blockchain Association demands tax cuts for crypto

• by admin
• August 1, 2023

Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets. NEWS Advocates of the crypto industry in Japan are demanding a revision of the national tax regime for digital assets. The Japan Blockchain Association (JBA), a non-governmental lobbying group, filed an official request to the country’s government, […]

Blockchain News

12 things blockchain protocols should consider when exploring AI 

• by admin
• July 19, 2023

Blockchain protocols can’t (and shouldn’t) ignore AI’s potential, but it’s important to implement it with caution and care. INNOVATION CIRCLE Across industries, it seems all anyone is talking about is artificial intelligence. Even companies that aren’t tech-forward are scrambling to discover how AI works and what it could do for them. Given the impact AI […]

Blockchain News

Oasis launches Ethereum-compatible privacy blockchain Sapphire

• by admin
• July 19, 2023

The new developer environment aims to drive privacy-first, cross-chain DApp development for the Ethereum ecosystem and smart contract blockchain networks. NEWS Oasis has launched its confidential Ethereum Virtual Machine-compatible blockchain, Sapphire, which it says will allow decentralized applications (DApps) to tap into improved privacy features.  With Sapphire and the Oasis Privacy Layer (OPL) now live, […]

Blockchain News

Chainlink launches cross-chain protocol bridging blockchain to TradFi

• by admin
• July 18, 2023

Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol. NEWS The development firm behind the Chainlink protocol and its native LINK $7.07 token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains. In […]

Blockchain News

10 tips for blockchain-based data providers seeking to scale

• by admin
• July 12, 2023

Blockchain-based data providers are faced with a golden opportunity — if they’re able to scale their infrastructure to handle the demand. INNOVATION CIRCLE Each year, the amount of data generated across the globe is growing exponentially. From the explosion in the use of digital tools in the workplace to the ever-growing use of Internet of […]

Blockchain News

Grinding out a living: Can blockchain games really offer a sustainable income?

• by admin
• June 7, 2023

Blockchain gaming executives believe the law has not yet caught up with the concept of earning a living through gaming. ANALYSIS Blockchain games are mostly played for entertainment, but some developers within the industry think the games could eventually evolve into a form of employment where players can grind out a living wage.  Video games […]

Blockchain News

Blockchain firm raises $25M to develop third-generation architecture

• by admin
• June 1, 2023

Intent-centric blockchain protocol Anoma secures $25 million in funding to continue developing its third-generation architecture. NEWS Swiss nonprofit Anoma Foundation has secured a significant funding boost to continue the development and research of its third-generation blockchain architecture. A third fundraising round secured $25 million for the organization, which is building what it describes as a […]

Blockchain News

Multichain token plunges 30% on backend upgrade delay

• by admin
• May 30, 2023

The Multichain protocol’s TVL remains largely unchanged at $1.6 billion despite a large sell-off in the token. NEWS On May 24, the token price of cross-chain router protocol Multichain (MULTI) fell by 30% over 24 hours to trade at $4.97 at the time of publication.  The sell-off came after users reported that their multichain funds […]

Blockchain News

Emirati-based blockchain Bahamut goes live with PoSA consensus

• by admin
• May 29, 2023

The proof-of-stake-and-activity (PoSA) consensus mechanism adds an extra layer of security to blockchain. SPOTLIGHT Bitcoin  BTC $27,935  launched with the ideal technology for the era it was introduced in. Proof-of-work (PoW), the underlying consensus that predates the first cryptocurrency, provides a self-sustaining mechanism where numerous miners around the world can contribute to verifying BTC transactions. As the […]