IOG has been collaborating with Stanford for some time, said Tim Harrison, vice president of Community and Ecosystem at IOG. “Before the research hub, we previously donated $500,000 to fund their research into blockchain scalability. As one of the world’s leading academic institutions, Stanford is an ideal location for the hub,” Harrison said in an email. Source link
Category: Blockchain
Can Blockchain Games Win Over Traditional Players?
Web 2.0 games or traditional games have long been the only form of entertainment in the gaming space. Popularized with the development of computers in the 80s, and the internet at the turn of the century, traditional video games available through PC, consoles, mobile phone, and other venues have amassed billions of users worldwide. Fast forward to the 2010s, Bitcoin and cryptocurrencies started to make waves in the financial world, and soon after blockchain technology found its way into the gaming industry. Games embedded with blockchain technology have quickly gained…
Mysten Labs of Sui Blockchain Hacked on Discord
Sui blockchain designers Mysten Labs is the latest blockchain firm to face a crypto hack. The firm has announced that its Discord server has been hacked. The blockchain company has warned people not to click any links posted on the server in the eight hours prior to its Twitter announcement and said that the team is working to fix the mess. An unverified screenshot shared on Twitter stated that hackers had put a link of a rumoured crypto airdrop on the announcement channel in the server. Mysten Labs made such…
Why interoperability is the key to blockchain technology’s mass adoption
Every year, we see new blockchain networks being developed to tackle specific niches within certain industries, each blockchain having specialized functions based on its purpose. For example, layer-2 scaling solutions like Polygon are built to have ultra-low transaction fees and fast settlement times. The increase in the number of new blockchain networks is also a result of the recognition that there is no one perfect solution that will be able to meet all of the needs associated with blockchain technology all at once. Therefore, as more organizations become aware of…
Former Korean Finance Minister Joins Hashed Open Research to Promote Blockchain
A senior South Korean government official has joined the research offshoot of blockchain VC Hashed. Kim Yong-beom is a well-known figure in his homeland, where he held the role of Vice Minister of the Korea Ministry of Economy and Finance up until last year. Since stepping down from the role, which had included liaising with domestic crypto companies, Yong-beom has elected to enter crypto in an advisory capacity. Now, he’s flying the flag for the industry he once helped regulate. Government Minister Bigs up Blockchain It should come as no…
Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder
Over a decade-long evolution later, for self-justified personal reasons, a handful of the crypto community members chose to believe in siding against Bitcoin (BTC), resulting in a narrative that preached “blockchain is great, Bitcoin is bad.” Josselin Tonnellier, the founder of Bitcoin exchange StackinSat and organizer of the Surfin’ Bitcoin 2022, believes that this particular notion is one of the main barriers to broader BTC adoption in France. In an exclusive interview with Cointelegraph reporter Joseph Hall, Tonnellier discussed several important topics, including the adoption of Bitcoin and crypto in France,…
Former South Korean Deputy Minister Yong-beom Kim Joins Blockchain Research Institute
Yong-beom Kim, former first deputy minister of the Ministry of Planning and Finance of South Korea, will join Hashed Open Research, a blockchain and digital technology research institute, as CEO. Yong-beom Kim served as the First Deputy Minister of Economy and Finance of South Korea from 2019 to 2021, and also served as Deputy Chairman of the Financial Services Commission (FSC) and Chairman of the Securities and Futures Commission (SFC) within the FSC. He has extensive knowledge of the economy and will be able to help Hashed Open Research, backed…
The Graph Adds Gnosis Chain to Its Decentralized Blockchain Indexing Protocol
As for why it took nearly two years for The Graph Network to expand past Ethereum, The Graph Foundation’s Director, Eva Beylin, told CoinDesk, “We’ve only supported Ethereum up until now because we really wanted to take our time getting indexers ready, making sure they were meeting the performance we needed.” Source link
Bitcoin Miner Argo Blockchain Looks to Raise $25M-$35M For 4.1 EH/s Hashrate Target
On Wednesday, Argo lowered its 2022 hashrate expectations from 5.5 EH/s to 3.2 EH/s, citing delays in the delivery and deployment of Intel’s (INTC) Blockscale ASIC chips as they are redesigning them. The redesign is meant to increase the efficiency of the machines, close to Bitmain’s Antminer S19 XP, whereas before they were geared towards higher hashrate, Wall said in the call. Source link
How blockchain technology is changing the way people invest
Over a decade after the release genesis block on the Bitcoin network, blockchain technology has changed how people invest their money, with many platforms in the crypto space having much more relaxed requirements for investors when compared to traditional finance. It’s easier for investors to buy into cryptocurrency when compared to traditional assets. Anybody can download a free Bitcoin (BTC) or multi-crypto wallet and sign up for one of the many available cryptocurrency exchanges. Many exchanges still don’t require users to verify their identity, while others only require ID verification…