Tag: Blockchain

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…

Blockchain: A New Battleground in Age-Old Tussle Between Privacy Advocates and Data-Hungry Governments, Says Colored Coins Founder

Although many players in the blockchain industry prioritize maximizing throughput, Alex Mizrahi, co-founder of Chromaway, believes providing users with a transparent, secure, and decentralized computing environment is still equally important. So while blockchain projects aspire to satisfy the basic need to transact, Mizrahi emphasizes that establishing consensus among nodes should not be the sole goal. […] Source CryptoX Portal

Understanding Payment Structures in Taiko’s Self-Sustaining Blockchain Network

In order for a network to be self-sustaining, there need to be mechanisms in place that help regulate the way things are done. This is especially important in the context of blockchains, where smart contracts enable trustless and transparent transactions, according to taiko.mirror.xyz. Different types of network participants play varying roles to ensure these complex systems function as needed. But there’s no such thing as a free lunch. Network participants must be somehow incentivized to play their roles. This is where payment structures come into…

Tezos X: Unveiling the Future of Modular Blockchain Design

The next generation of blockchain technology has arrived with the introduction of Tezos X, according to Tezos Spotlight. Developed by Nomadic Labs, Trilitech, and Functori, Tezos X promises a scalable, modular, and cloud-integrated backend for a wide range of applications. From Monolithic to Modular Initially, Tezos operated as a monolithic blockchain, where each node replicated all network activities. While effective in maintaining decentralization, this model posed significant scalability challenges. As network activity increased, so did the requirements for computing power and bandwidth, risking centralization. To…

Nigerian Blockchain Committee Warns Of Impact

The ongoing legal battle between Nigerian authorities and the crypto exchange Binance has significantly affected the country’s blockchain industry. The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) recently expressed its concerns about the negative impact of the current dispute and urged for a “balanced resolution.” Nigerian Blockchain Industry Affected By Binance Saga BICCoN released a public statement addressing the ongoing legal issue involving Binance and its detained executive, Tigran Gambaryan. Nigeria’s blockchain committee voiced the concerns of the country’s leading organizations about the repercussions the dispute might have. The committee…

Sui Blockchain Founders Showcase Expertise Under Pressure at Red Bull Racing Simulator

In an innovative twist to traditional tech discussions, the founders of the Sui blockchain recently demonstrated their knowledge and technical prowess under unique conditions at the Sui Basecamp event. According to The Sui Blog, the event involved the founders answering fundamental questions about the Sui blockchain while navigating the Oracle Red Bull Racing driving simulator. High-Speed Knowledge Sharing The Sui Basecamp event provided a platform for Sui’s original contributors to showcase their expertise in a high-pressure environment. Each founder took turns driving at high speeds…