Tezos Introduces Jstz: Empowering Blockchain Development with JavaScript

Tezos is set to revolutionize blockchain development with the introduction of Jstz, a Smart Rollup powered by JavaScript. According to Tezos Spotlight, this innovative step aims to lower the barriers for developers entering the blockchain space by enabling them to use familiar tools and languages. Breaking Down Barriers Traditionally, blockchain development has required the use of bespoke languages and tools, creating a significant barrier to entry. Jstz, however, aims to democratize access by allowing developers to use JavaScript, a language known and loved by nearly…

Sam Altman’s Layer-2 Blockchain Project, World Chain, Opens to Developers

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Nigeria Considers Domestic Blockchain for Data Security

A Nigerian information technology agency is considering plans to develop a domestic blockchain to enhance national security and protect citizens’ data. A proponent of a locally developed blockchain argues that such a protocol would likely ensure compliance with Nigerian laws and allow the country greater control over its data. Domestic Blockchain Seen as Boosting Government […] Source CryptoX Portal

Cryptocurrency and Blockchain – The Duo Transforming Finance

HodlX Guest Post  Submit Your Post   For the last few years, terms such as ‘cryptocurrency’ and ‘blockchain’ have become popular in the sphere of finance and IT (information technology). But what are these two, and how are they connected? Here we will explain these ideas further and establish how they are connected. Understanding cryptocurrency Cryptocurrency can be defined as a digital or virtual currency that has attributes of money and makes use of cryptography to secure the transactions. Cryptocurrencies are different from the government-backed currencies – known as fiat currencies…

experts on zero-knowledge proofs as the future of blockchain scalability

As the focus turns toward web3, scalability is becoming a challenge for blockchain networks, preventing them from matching traditional financial systems.  Advanced cryptographic techniques, such as zero-knowledge proofs (ZKPs) and scaling solutions like ZK rollups, are emerging as key solutions.  Zk rollups involves bundling thousands of transactions off-chain, reducing the main blockchain’s data load while offering a high level of privacy and faster finality times. Experts like Vitalik Buterin believe it could become central to blockchain scalability strategies. The Ethereum co-founder has penned several pieces explaining his vision about rollups…

German Government Sill Holds 39,826 BTC, Blockchain Data Show

“Foolishly, the German Government has transferred more than $390 million worth of BTC to exchanges over the past few weeks to be sold for fiat currency. From a geopolitical perspective, it is a strategic blunder for any nation-state to sell bitcoin holdings for fiat currency given that they can simply print the latter out of thin air,” the July 5 edition of the Blockware Intelligence newsletter said. Source BitcoincryptoexchangeExchanges CryptoX Portal

MEW Token Challenges Dog-Themed Memecoins on Solana Blockchain

Cat in a dog’s world (MEW) is a cryptocurrency project that stands out in the crowded Solana ecosystem memecoin landscape by adopting a unique cat-themed narrative. Launched on March 25, 2024, on the Solana blockchain, MEW aims to challenge the dominance of dog-themed coins like Dogecoin (DOGE) and Shiba Inu (SHIB). The project combines a strategic burning mechanism and intentional airdrops to build value, community, and scarcity. Within hours of its launch, MEW attracted significant attention, reportedly recording $150 million in transaction value and quickly…

Astar Network Emerges as Preferred Blockchain for Global Enterprises

Astar Network has solidified its position as a leading blockchain platform for global enterprises, according to astar.network. The recent Yoki Origins campaign, which marked the launch of Astar zkEVM, demonstrated the network’s potential by onboarding numerous projects and achieving significant milestones. Launch of Astar zkEVM Astar Network introduced Astar zkEVM, a Layer 2 network that offers fast processing speeds and low gas costs while maintaining Ethereum’s security. The platform allows seamless asset transfers from Ethereum and features extended tools such as credit card payments, making…

Token Launchpad Pump.Fun Overtakes Ethereum Blockchain With $2M in Daily Revenue to Take No. 1 Position

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CryptoX is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CryptoX was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CryptoX operates as…