Tagged: smart contracts

August 18, 2020 @ 9:58 pm By Omar Faridi  |  

The (Ethereum) ERC-20 token standard has become the most widely-used way to issue digital assets and assign cryptocurrency or blockchain protocol voting rights on the Ethereum (ETH) blockchain, the world’s largest platform for building decentralized applications (dApps). Crypto exchange Coinbase notes that when assessing an… Read More

August 18, 2020 @ 8:23 pm By Omar Faridi  |  

Qtum (QTUM), an open-source public blockchain-enabled platform that leverages the security of UTXO while enabling several virtual machines including the Ethereum Virtual Machine (EVM), notes that suddenly everyone is talking about decentralized finance or DeFi. Indeed, the DeFi ecosystem is expanding rapidly, despite the risks… Read More

August 16, 2020 @ 6:24 pm By Omar Faridi  |  

Ontology (ONT), a high-performance or “high-throughput” blockchain platform with a market cap of over $510 million according to CoinGecko data, revealed on August 14, 2020 that it has completed the development of the next stage of its open-source DID smart contract – which has been… Read More

August 14, 2020 @ 6:06 pm By Omar Faridi  |  

Qtum (QTUM), an open-source public blockchain-enabled platform that leverages the security of UTXO while enabling several virtual machines including the Ethereum Virtual Machine (EVM), has joined the Flipside Data Cooperative. As mentioned in a blog post by Qtum, the Flipside Data Cooperative is a transparency initiative… Read More

August 6, 2020 @ 1:29 pm By Omar Faridi  |  

Band Protocol (BAND), a cross-chain data oracle platform that aggregates and connects real-world data and APIs to blockchain based smart contracts, is preparing to launch on Coinbase Pro, a digital asset exchange for professional traders. The Coinbase team notes that on August 10, 2020, customers… Read More

July 29, 2020 @ 9:12 pm By Omar Faridi  |  

The decentralized finance (DeFi) ecosystem has a market cap that is roughly equivalent to merely 1.5% of the market capitalization of the much-larger cryptocurrency market, according to data from Messari. Messari, a digital asset market analytics company, reveals that the market capitalization of all DeFi… Read More

July 24, 2020 @ 10:48 am By Omar Faridi  |  

Telos, one of the most active blockchain-based networks in terms of transactions processed per second (which isn’t always the best metric to gauge the performance of DLT platforms), announced on July 23, 2020, that it has increased its staking rewards and also allocated more funding… Read More

July 23, 2020 @ 12:18 pm By Omar Faridi  |  

Open-source blockchain platform Nervos announced on July 22, 2020 that it’s planning to integrate with China’s Blockchain-based Services Network (BSN). Nervos claims that it will be one of the first public blockchains to join the distributed ledger technology (DLT)-powered network. As mentioned in a release… Read More

July 17, 2020 @ 2:45 pm By Omar Faridi  |  

Activate, by ConsenSys Codefi, is reportedly the first platform developed specifically for creating decentralized networks and allowing users to purchase, manage, and use their digital tokens through a single application. Leading Ethereum development studio ConsenSys announced on July 16, 2020, that the SKALE Network’s SKALE… Read More

July 16, 2020 @ 8:52 pm By Omar Faridi  |  

Banco Santander, a Madrid-based multinational commercial that generates around 50 billion Euros in annual revenue, and Banco Sabadell, the fifth-largest Spanish banking group with over 26,000 employees, have finalized a proof-of-concept (PoC) test that supports the execution of digital payments via blockchain-based smart contracts. BBVA,… Read More

July 5, 2020 @ 2:07 pm By Omar Faridi  |  

Vitalik Buterin, the co-founder of Ethereum (ETH), the world’s largest smart contract platform, recently admitted that he would have approached the ongoing development of Ethereum a lot differently if he started building it now from scratch. Buterin, whose comments came during a recent episode of… Read More

July 4, 2020 @ 3:24 pm By Omar Faridi  |  

ConsenSys Codefi, which provides the blockchain “operating system” for running commerce and finance applications, announced in February 2020 that the SKALE Network became the first “decentralized” network to issue a token on the Activate platform. As explained in a blog post published the ConsenSys Codefi… Read More

June 19, 2020 @ 5:59 pm By Omar Faridi  |  

Telos, one of the “most active” blockchain platforms (according to Blocktivity), has launched an Ethereum Virtual Machine on an EOSIO blockchain. As noted in a release shared with CI: “With the launch of Telos EVM now in testnet, developers can use Solidity (programming language) to… Read More

June 17, 2020 @ 12:14 am By Omar Faridi  |  

Despite recent volatility in the Bitcoin (BTC) and larger cryptocurrency markets, decentralized or non-custodial digital asset exchanges continue to “maintain their long-term trend lines” according to the team at Bamboo Relay, another project that has integrated Chainlink Oracles for stop-loss order functionalities. A stop-loss order… Read More

June 16, 2020 @ 10:12 pm By Omar Faridi  |  

Decentralized VPN network, Orchid Protocol, is developing two Chainlink-powered decentralized oracle networks which will allow users to estimate the bandwidth cost on Orchid. Users will know how much they can expect to pay (approximately) in the native OXT token and US dollars. The OXT/USD feed… Read More

June 15, 2020 @ 10:23 pm By Omar Faridi  |  

The developers at Quantum Resistant Ledger (QRL), an externally audited “enterprise-grade” blockchain platform that claims to be secure against a potential (future) attack from quantum computers, stated that Ethereum (ETH) could go quantum computer resistant through “a unique smart-contract.” The QRL team said that a… Read More

June 7, 2020 @ 5:53 pm By Omar Faridi  |  

The developers of Ethereum (ETH), the world’s largest smart contract platform, have been working for many years on the ongoing development of Ethereum 2.0 or Eth2, which is a major systemwide upgrade that will involve a transition from the current proof of work (PoW) consensus… Read More

June 4, 2020 @ 11:51 pm By Omar Faridi  |  

Cornell computer science professor Dr. Emin Gün Sirer has revealed that AVA’s Denali testnet (test network), which went live on May 31, 2020, now has around 600 validators on board. AVA is an open-source platform for building and deploying decentralized finance (DeFi) apps and enterprise-grade… Read More

May 27, 2020 @ 9:54 pm By Omar Faridi  |  

Telos, one of the most active blockchains or distributed ledger technology (DLT)-based platforms according to Blocktivity data, revealed on May 26, 2020, that Transledger will be using its blockchain network to perform cross-chain transactions in a fast and secure manner. As mentioned in a press… Read More

May 24, 2020 @ 10:48 pm By Omar Faridi  |  

  Ethereum-based anonymization protocol, Tornado.cash, has introduced “completely immutable”smart contracts, which developers claim will make the protocol “unstoppable.” Although the initiative’s developers boldly claim that Tornado.cash is committed to supporting  immutability and the “code is law” principle, Ethereum (ETH) ecosystem developers and community members have… Read More