One of the tools that Ethereum validators can use to circumvent some controversial MEV practices is MEV-Boost, a middleware component created by Flashbots, that allows validators to request blocks from a network of builders. Validators connect to MEV-Boost through relays, like the one that Flashbots runs, to earn MEV. Source link
After privacy-focused projects like Monero failed to combat rising privacy issues in the blockchain industry, Cardano, a crypto project backed by the technology company Input Output Global (IOG), is preparing to launch a new privacy-focused blockchain. The digital world has seen fast growth in recent years, and almost every country interacted with new technologies such as Blockchain, web 3 and cryptocurrencies. However, privacy protection, one of the most crucial online problems, remains a vulnerability in the industry. Speaking at an event at Edinburgh University, Charles Hoskin, CEO of Cardano Blockchain,…
In October, Greenland was reported to be exploring the feasibility of an online voting platform for its national elections. Among the options being considered is a blockchain-based system. That isn’t entirely surprising. Electronic voting, or e-voting, has long been viewed as a promising use case for blockchain technology. “It’s time for online voting,” wrote Alex Tapscott in a New York Times opinion piece in 2018. “Using blockchain technology, online voting could boost voter participation and help restore the public’s trust in the electoral process and democracy.” It seems especially timely…
Social crypto gaming platform Candy Club has successfully integrated into the OKC ecosystem and added a use case for the OKC token and community. OKC is an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKC ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users. Since Candy Club’s launch at Token2049 Singapore, the gaming club has been working with Ethereum layer…
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The Australian Securities Exchange (ASX) has cancelled its much-delayed blockchain replacement to its aged Clearing House Electronic Subregister System (CHESS). Source link
The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled. In a Nov. 17 statement, ASX announced it had paused all current activities of its “CHESS replacement project” following an independent review from technology consulting firm Accenture, which identified “significant challenges with the solution design and its ability to meet ASX’s requirements,” stating: “Current activities on the project have been paused while ASX revisits the solution design.” For the last five years, ASX…
StarkWare, the creator of a layer 2 scalability product, has deployed its new StarkNet Token (STRK) on the Ethereum mainnet. The tokens are not yet available for sale – an important distinction to avoid scams – as the nonprofit StarkNet Foundation, which oversees the growth of the ecosystem, works out the best mechanism for distributing them. Source link
The Canadian cryptocurrency exchange Bitvo has terminated the proposed acquisition transaction it had with the FTX in order to preserve its standing as an autonomous company. Pateno Payments, which is an investor in Bitvo, has cancelled the purchase transaction it had been discussing with FTX Canada and FTX Trading in accordance with the terms of the agreement. Pateno Payments is a stakeholder in Bitvo. This information was disclosed by Bitvo on November 15th. The business has made it abundantly obvious that its operations have not been hampered in…
A judicial authority established by the United Arab Emirates (UAE) Federal Decree has adopted blockchain technology to save time and costs related to the enforcement of commercial judgments. ADGM Courts, an authority that supports the financial regulator Abu Dhabi Global Markets (ADGM), has implemented blockchain technology to help save significant time for the parties in the judicial process. Commercial judgments involve assessing various financial risks and dealing with commercial issues in business. Digitization through blockchain technology will allow courts and parties to immediately access commercial judgments — a move aimed…