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🇸🇬 Singapore central bank has committed $112 million to support fintech solutions such as #Web3
🇸🇬 Singapore central bank has committed $112 million to support fintech solutions such as
#Web3
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💁 Understanding the Inner Workings of Orenium In the ever-expanding universe of blockchain technology, Orenium emerges as a beacon of innovation, offering a transformative solution to the inherent challenges facing decentralized networks. To truly grasp the significance of Orenium, one must delve into the intricate mechanics that underpin its operation. In this exploration, we unravel the inner workings of Orenium, shedding light on how it works and why it represents a paradigm shift in blockchain technology. The Engine of Speed and Efficiency At the heart of Orenium lies its revolutionary consensus mechanism — the Twin-Turbo Consensus. Unlike traditional blockchain networks that rely on a single consensus engine, Orenium harnesses the power of two engines working in tandem to achieve unparalleled speed and efficiency. By combining the strengths of two consensus protocols, Orenium is able to process transactions at lightning speed while maintaining the integrity and security of the network. Breaking the Speed Barrier One of the defining features of Orenium is its exceptional transactional throughput. Thanks to the Twin-Turbo Consensus mechanism, Orenium is capable of processing up to 5,000 transactions per second (TPS), far surpassing the capabilities of other blockchain networks. This high throughput not only ensures fast and seamless transactions but also lays the groundwork for scalability and mass adoption of decentralized applications. Safeguarding the Network In the realm of blockchain technology, security is paramount. Recognizing this, Orenium adopts a security-first approach to ensure the integrity and safety of its network. Through advanced cryptographic techniques, robust network architecture, and partnerships with leading security firms, Orenium creates a fortress of security that protects against threats and attacks, providing users with peace of mind and confidence in the platform’s reliability. #Orenium #OreniumProtocol #POA #layer1
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PayPal has launched a new stablecoin called PayPal USD (PYUSD) which is fully backed by US dollar deposit, short term Treasuries and cash equivalent assets. Stablecoins will be issued by Paxos Trust and exchangeable into US dollars ratio 1:1. Paxos will issue a monthly backup report and third party attestation. The stablecoin operates on the Ethereum blockchain and is designed for digital and Web3 payments, with plans to be available on Venmo. Eligible US customers can use PYUSD for wallet transfers, person-to-person payments, purchases, and crypto conversions. #Web3 #StableCoin #USDT #Paypal #PYUSD
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🤝 CryptoApe X SolidProof 🤝 ✨ We are pleased to announce that we have strategically partnered with SolidProof! This partnership will increase the range of security for investors in this group. 🕵️♂️ What is SolidProof ? SolidProof is Germany Premier Security Provider for Smart Contract Audit, Penetration Testing, KYC Processes, SolidProof has audited and KYC over 1500 clients since 2020, demonstrating unwavering expertise and dedication to the security sector.
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