Polkadot launches cross-chain messaging system to solve blockchain’s bridge problem

Blockchain platform Polkadot has launched a new cross-chain communications protocol, saying it will do away with cumbersome bridging mechanisms that have cost the crypto industry billions in cyber attacks.  The newly launched XCM messaging system is intended to promote Polkadot’s multichain ecosystem, which is being built on the premise of full interoperability. XCM channels are said to be secured at the same level as Polkadot’s central hub, dubbed Relay Chain, and are also available for use by parachains. In other words, XCM will enable communication between parachains themselves as well…

MENA Climate Week notes blockchain’s potential for climate action

Panelists at the recent MENA Climate Week 2022 examined how blockchain technology can contribute to green initiatives. Hosted by Dubai’s Ministry of Climate Change and Environment, Dubai Electricity and Water Authority, and the World Green Economy Organization along with various institutions under the United Nations Environment Programme and in partnership with renewable energy groups, the event explored how to promote climate action using digital innovations. In one session, a hybrid panel made up of experts in blockchain and climate action discussed how blockchain use cases can contribute to a greener…

Opera integrates Bitcoin, Solana, Polygon and five other blockchains

Opera, one of the major crypto-friendly internet browsers, announced the integration of eight blockchains in a continued effort to introduce Web3 to more than 380 million mobile and desktop users worldwide. In Jan. 2022, Opera launched the Crypto Browser project, a Web3-focused initiative for facilitating navigation across decentralized applications (DApp), games and metaverse platforms. As part of this initiative, the browser company added support for eight major blockchain ecosystems, including Bitcoin (BTC), Solana (SOL), Polygon (MATIC), StarkEx, Ronin, Celo, Nervos DAO and IXO. Opera said in the announcement that its…

Riot Blockchain’s COO to Exit After One Year

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Blockchain’s Maiden First-Person Shooter Game is Ready to Fire

The next time a skeptic questions the momentum of the blockchain gaming market, kindly inform them that the industry had attracted over 1.5 million users by the end of 2021, with daily trade volume from gaming dApps climbing as high as half a billion dollars. Then cackle with satisfaction. The breathless rush by gamers, developers and investors into the gamefi (gaming finance) space was triggered by the potential for profit via play-to-earn (P2E) mechanics, but also by the opportunities for rich gameplay thanks to the deployment of blockchain and NFTs…

Blockchain City | Blockchain-Technologie | Kryptowährungen | Dokumentation

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain City – Der Dokumentarfilm “Blockchain City” fängt die Erkenntnisse führender Persönlichkeiten aus der Technologiebranche ein und erzählt die Geschichte von Dubais Aufstieg zur Blockchain-Stadt. Blockchain City (2018) Regie: Ian Khan Stars: Roman Beck, Aisha Bin Bishr, Imogen Heap Genre: Dokumentarfilm, Short, Nachrichten Land: Kanada Sprache: Deutsch Veröffentlicht: 2018 (Kanada) Dauer: 41 min Drehort: Estland Handlung: Der Dokumentarfilm “Blockchain City” fängt die Erkenntnisse führender Persönlichkeiten aus der Technologiebranche ein und erzählt die Geschichte von Dubais Aufstieg zur Blockchain-Stadt. Mit Interviews von führenden…

Multi-Chain Evolution: Why Blockchain’s Future is Interoperable

Is the future of blockchain interoperable? The prevailing headwinds say yes. In recent years, the cryptocurrency industry has gradually transitioned from siloed individual networks to a vast interconnected ecosystem, enabling users to transfer value more freely. Chain Reaction From cross-chain DEX aggregators to wrapped assets (wBTC, etc) via interoperable NFT marketplaces and bridging solutions, the evolution of the multi-chain environment is a sight to behold. While this multi-year pivot reflects a shared vision among developers of an interoperable future, it is also a necessity: the number of defi projects building…

Dragonfly Research claims Ethereum is the ‘MS-DOS’ of blockchains

An experiment from Dragonfly Research that compared the performance of six blockchains by testing the capacity of Automated Market Makers on each has found Solana’s Orca DEX was the clear winner in trades per second.  It managed 273.34 trades per second and created a new block every 590 milliseconds. Binance Smart Chain (BSC) wasn’t too far behind with 194.6 trades per second on PancakeSwap, followed by Polygon (MATIC), Avalanche (AVAX), Celo (CELO), and finally Ethereum (ETH). A blog post by researcher “GM”  argued that while there was a rich ecosystem…

Are Blockchains Becoming Centralised? | Blockchain News

Since blockchains came into the limelight, critics have sprung up to downplay the importance of a blockchain-powered society. In these situations, blockchain evangelists resort to the ultimate argument that blockchain is decentralised and is, therefore, beneficial.  According to the broader blockchain community, decentralisation is the greatest feature of the technology. Sure, Bitcoin may be a store of value, but its real value lies in its decentralised nature.  Running on a decentralised system means Bitcoin is resistant to government censorship. Moreover, there are more participants in the network and multiple points…