decentralised
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Using the same name but disguising itself as a #venturecapital (VC) business, Three Arrows Capital (3AC) is stirring up the #cryptocurrency world once more.
On Wednesday, 3AC Ventures was revealed as a new partner by OPNX, the bankruptcy claims exchange co-founded by executives from #CoinFLEX and the two individuals responsible for the failed hedge fund Three Arrows Capital (3AC). The partners will "invest in projects building in the #OPNX ecosystem and working towards a #decentralised future," according to a tweet from OPNX.
On Wednesday, 3AC Ventures was revealed as a new partner by OPNX, the bankruptcy claims exchange co-founded by executives from #CoinFLEX and the two individuals responsible for the failed hedge fund Three Arrows Capital (3AC). The partners will "invest in projects building in the #OPNX ecosystem and working towards a #decentralised future," according to a tweet from OPNX.
Poly Network Suspends Services After Getting #Hacked.
On #Twitter, Poly Network, a cross-chain decentralised finance (#DeFi ) network, reported that it had suspended operations as a result of a "recent attack." The researchers disclosed that 57 coins on 10 blockchains were impacted by the vulnerability and advised users to "promptly withdraw liquidity from #decentralised exchanges."
Another comparable hack on #PolyNetwork occurred in 2021 when thieves stole almost $600 million in digital assets.
On #Twitter, Poly Network, a cross-chain decentralised finance (#DeFi ) network, reported that it had suspended operations as a result of a "recent attack." The researchers disclosed that 57 coins on 10 blockchains were impacted by the vulnerability and advised users to "promptly withdraw liquidity from #decentralised exchanges."
Another comparable hack on #PolyNetwork occurred in 2021 when thieves stole almost $600 million in digital assets.
Enterprise Blockchain | Deloitte Netherlands
https://www2.deloitte.com/nl/nl/pages/risk/solutions/enterprise-blockchain.html?id=nl:2sm:3tw:4dcom_share:5awa:6dcom:risk via @DeloitteNL
#blockchain #enterprises #OffChainGlobal #onchain #decentralised
https://www2.deloitte.com/nl/nl/pages/risk/solutions/enterprise-blockchain.html?id=nl:2sm:3tw:4dcom_share:5awa:6dcom:risk via @DeloitteNL
#blockchain #enterprises #OffChainGlobal #onchain #decentralised
"Unveiling the Digital Odyssey: Dive into the Infinite Realms of Decentralized Marvels!"
Alright, imagine #decentralised #computing like playing with building blocks. Instead of one person having all the blocks and deciding how to build something, everyone has their own set of blocks, and they work together to create something amazing.
Now, think of cloud services like a magical toy box. Instead of keeping all your toys at home, you can put them in the toy box, and whenever you want to play, you can take them out from anywhere. Decentralised computing is a bit like having your own special toy box that you and your friends can use together, without one person controlling everything.
For example, let's say you and your friends want to build a big castle with your blocks. Instead of one person telling everyone what to do, each friend can use their own blocks and add to the castle. That way, if one friend has to leave, the castle can still grow because everyone has their own blocks and knows how to build.
In the world of grown-ups, decentralised computing is a bit like this idea. Instead of one big computer deciding everything, many computers work together like friends with their own special toy boxes to create and share things, making it more fun and fair for everyone.
#Write2Earn
Alright, imagine #decentralised #computing like playing with building blocks. Instead of one person having all the blocks and deciding how to build something, everyone has their own set of blocks, and they work together to create something amazing.
Now, think of cloud services like a magical toy box. Instead of keeping all your toys at home, you can put them in the toy box, and whenever you want to play, you can take them out from anywhere. Decentralised computing is a bit like having your own special toy box that you and your friends can use together, without one person controlling everything.
For example, let's say you and your friends want to build a big castle with your blocks. Instead of one person telling everyone what to do, each friend can use their own blocks and add to the castle. That way, if one friend has to leave, the castle can still grow because everyone has their own blocks and knows how to build.
In the world of grown-ups, decentralised computing is a bit like this idea. Instead of one big computer deciding everything, many computers work together like friends with their own special toy boxes to create and share things, making it more fun and fair for everyone.
#Write2Earn
On June 13, the developers of the #decentralised social networking platform posted a warning letter from #Apple . The " #Zaps " feature, which enables users to tip users and content creators in #bitcoin , was mentioned in the letter as a reason why the app would be removed from the site. The integration of the #LightingNetwork widget to enable Bitcoin payments and tips directly on the platform makes it possible for the Bitcoin tipping feature to exist.
After the #Web3 community expressed concerns that the Data Act's provisions on smart contracts might kill the industry, legislative negotiators from the #European Union came to an agreement on new regulations known as the Data Act.
The ideas, which are a part of a larger revision to the data regulations controlling internet-connected equipment, have alarmed the Web3 #community because of their nebulous nature and possible disastrous effects on #decentralised transactions governed by immutable code.
The ideas, which are a part of a larger revision to the data regulations controlling internet-connected equipment, have alarmed the Web3 #community because of their nebulous nature and possible disastrous effects on #decentralised transactions governed by immutable code.
#cryptocurrency upset #financial institutions and provide new answers. Cryptocurrencies are #decentralised and transnational, which worries authorities #globally.Thus,cryptocurrency regulation is important. This beginner's handbook covers cryptocurrency #legislation and its importance in the #digital age.
Cryptocurrency Regulation:
Governments and regulatory agencies regulate digital currency usage, #trade , and issue via cryptocurrency regulation. Regulation aims to safeguard investors, prevent fraud, stabilise #markets, and increase transparency in the bitcoin ecosystem.
Regulating Cryptocurrencies
Several considerations need cryptocurrency regulation. Regulation reduces these risks and protects the financial system. Cryptocurrency #investors need safety.
Cryptocurrency Regulation:
Governments and regulatory agencies regulate digital currency usage, #trade , and issue via cryptocurrency regulation. Regulation aims to safeguard investors, prevent fraud, stabilise #markets, and increase transparency in the bitcoin ecosystem.
Regulating Cryptocurrencies
Several considerations need cryptocurrency regulation. Regulation reduces these risks and protects the financial system. Cryptocurrency #investors need safety.
Unveiling the Power of Web3: 5 Reasons Why You Can't Afford to Ignore It
Introduction
In a world where the internet is on the brink of a revolution, Web3 emerges as the game-changer we've been waiting for. Join us as we dive into the top 5 compelling reasons why Web3 demands your attention.
Decentralization Empowers You: Say goodbye to the era of data dominance by corporate giants. Web3 introduces a decentralized internet, putting the power back into your hands. No longer confined by centralized control, you'll navigate a digital realm where you control your data and transactions, free from intermediaries.
Shifting Power Dynamics: Brace yourself for a seismic shift in power. Web3's decentralization challenges the status quo, liberating you from dependency on centralized authorities. Imagine an internet where your privacy is respected, your data is truly yours, and your online experience is shaped by your choices.
What it does ?
Fueling the Metaverse: Web3 isn't just about the present; it's the foundation of the future. Discover how Web3 technologies seamlessly integrate into the metaverse, enabling you to own, trade, and interact with digital assets. Dive into a world where NFTs and blockchain form the bedrock of the metaverse's economy.
NFTs: More Than Meets the Eye: Unlock the untapped potential of NFTs. Beyond viral headlines, these digital tokens represent real-world ownership, revolutionizing industries like ticketing. Imagine a future where NFTs safeguard your assets and memories, enhancing convenience and security.
Blockchain's Business Revolution: Embrace the business revolution powered by Web3. Witness how blockchain technology enhances transparency, security, and efficiency across industries. From supply chain management to tracking goods, blockchain redefines business operations.
Don't be left behind. The era of Web3 is upon us, promising a digital landscape where you're in control, innovation knows no bounds, and the internet truly serves its users. Prepare to reshape your online journey with Web3, the force that's redefining the rules of the game.
#Web3 #MultiChain #blockchain #googleai #decentralised
In a world where the internet is on the brink of a revolution, Web3 emerges as the game-changer we've been waiting for. Join us as we dive into the top 5 compelling reasons why Web3 demands your attention.
Decentralization Empowers You: Say goodbye to the era of data dominance by corporate giants. Web3 introduces a decentralized internet, putting the power back into your hands. No longer confined by centralized control, you'll navigate a digital realm where you control your data and transactions, free from intermediaries.
Shifting Power Dynamics: Brace yourself for a seismic shift in power. Web3's decentralization challenges the status quo, liberating you from dependency on centralized authorities. Imagine an internet where your privacy is respected, your data is truly yours, and your online experience is shaped by your choices.
What it does ?
Fueling the Metaverse: Web3 isn't just about the present; it's the foundation of the future. Discover how Web3 technologies seamlessly integrate into the metaverse, enabling you to own, trade, and interact with digital assets. Dive into a world where NFTs and blockchain form the bedrock of the metaverse's economy.
NFTs: More Than Meets the Eye: Unlock the untapped potential of NFTs. Beyond viral headlines, these digital tokens represent real-world ownership, revolutionizing industries like ticketing. Imagine a future where NFTs safeguard your assets and memories, enhancing convenience and security.
Blockchain's Business Revolution: Embrace the business revolution powered by Web3. Witness how blockchain technology enhances transparency, security, and efficiency across industries. From supply chain management to tracking goods, blockchain redefines business operations.
Don't be left behind. The era of Web3 is upon us, promising a digital landscape where you're in control, innovation knows no bounds, and the internet truly serves its users. Prepare to reshape your online journey with Web3, the force that's redefining the rules of the game.
#Web3 #MultiChain #blockchain #googleai #decentralised
Bitcoin is a #decentralised network that allows anyone to transact with anyone else. CBDCs are issued by a central bank and have controls built into them.
Why Bitcoin Is Better Than CBDCs
Limited Supply,
High Level Of Security,
Decentralisation
Why Bitcoin Is Better Than CBDCs
Limited Supply,
High Level Of Security,
Decentralisation
According to a June 27 study from #Web3 portfolio app De.Fi, over $204 million was lost in hacks and frauds involving #decentralised finance (#DeFi ) in the second quarter of 2023.
Machine learning businesses continue to strive to maximise the advantages of #decentralised technology even as the tech sector's attention has switched to artificial intelligence. Gensyn #AI , a UK-based company, wants to enable developers to produce AI products on a pay-as-you-go basis. On Sunday, #Gensyn AI disclosed receiving $43 million in Series A funding, lead by #a16z crypto.
Harry Grieve and Ben Fielding established Gensyn in 2020.
#machinelearning
Harry Grieve and Ben Fielding established Gensyn in 2020.
#machinelearning
Can #Blockchain’s Privacy Issues Be Fixed by Homomorphic #Encryption?
Data storage and transport are being revolutionised by blockchain technology, which provides unprecedented transparency and security. This revolutionary invention has raised important privacy and confidentiality issues, nevertheless, which we cannot overlook. Every participating node has direct access to all the data kept within the chain thanks to the #decentralised structure and intrinsic nature of blockchain technology.
This guarantees immutability and trust but also creates a substantial issue when trying to reconcile the full potential of blockchain with current data privacy laws and #regulations.
Data storage and transport are being revolutionised by blockchain technology, which provides unprecedented transparency and security. This revolutionary invention has raised important privacy and confidentiality issues, nevertheless, which we cannot overlook. Every participating node has direct access to all the data kept within the chain thanks to the #decentralised structure and intrinsic nature of blockchain technology.
This guarantees immutability and trust but also creates a substantial issue when trying to reconcile the full potential of blockchain with current data privacy laws and #regulations.
Why #Threads Got 100 Million Users When Other #Twitter Rivals Could Not
Since years, Twitter has been ready for change. People love to criticise it or depart in outrage at how awful it has turned out. There have been numerous chances for a #decentralised social network that genuinely enables members to challenge Twitter. And numerous attempts have been made. None, however, has even come close to matching Twitter.
Now, a Twitter rival has arrived as a result of public annoyance with Elon Musk's disproportionate authority. And no, some #crypto-native start-up did not come up with it. It comes through Meta, another business run by a millionaire with disproportionate power. Despite this, Threads managed to reach 100 million users in less than a week.
Since years, Twitter has been ready for change. People love to criticise it or depart in outrage at how awful it has turned out. There have been numerous chances for a #decentralised social network that genuinely enables members to challenge Twitter. And numerous attempts have been made. None, however, has even come close to matching Twitter.
Now, a Twitter rival has arrived as a result of public annoyance with Elon Musk's disproportionate authority. And no, some #crypto-native start-up did not come up with it. It comes through Meta, another business run by a millionaire with disproportionate power. Despite this, Threads managed to reach 100 million users in less than a week.
#TrustWallet has partnered with #CoinMarketCap to bring #decentralised logins to the masses. 💙🌏
Create a #CMC account using only your Trust #Wallet to gain access to all CMC features - no email required!
Create a #CMC account using only your Trust #Wallet to gain access to all CMC features - no email required!
Due to Apple's stringent payment policies, Damus, a client app for #Nostr, a #decentralised social networking platform supported by Twitter co-founder Jack Dorsey, is scheduled to be taken down from the App Store.
Apple has a long-standing rule that developers can't charge for additional in-app content unless Apple processes the sale and keeps 30% of the revenue. The tipping function of the Damus app, which utilises Bitcoin's #Lightning Network, has to be changed in order to get around a prohibition. The team was forced to limit tipping to profiles and remove the tip option from posts.
According to a 1 February 2023 TechCrunch post, "Twitter co-founder #JackDorsey gave nearly $245,000 in bitcoin (at the time, approximately 14 $BTC ) to support the creation of an open and social networking protocol called Nostr.
Apple has a long-standing rule that developers can't charge for additional in-app content unless Apple processes the sale and keeps 30% of the revenue. The tipping function of the Damus app, which utilises Bitcoin's #Lightning Network, has to be changed in order to get around a prohibition. The team was forced to limit tipping to profiles and remove the tip option from posts.
According to a 1 February 2023 TechCrunch post, "Twitter co-founder #JackDorsey gave nearly $245,000 in bitcoin (at the time, approximately 14 $BTC ) to support the creation of an open and social networking protocol called Nostr.
Worldcoin and OpenAI Join Forces to Launch Sora: Your Online Reputation, Decentralized!
Imagine a world where your online reputation isn't controlled by faceless corporations or biased algorithms. That's the vision behind Sora, a revolutionary new collaboration between Worldcoin and OpenAI!
Here's the gist:
▪︎Decentralized Trust: Sora throws away the old, unreliable reputation systems and builds a new one on the blockchain, where you control your data and identity.
▪︎AI-Powered Insights: OpenAI's cutting-edge AI analyzes your online activity to create a fair and accurate picture of your trustworthiness.
▪︎Speaking Your Language: Sora adapts to your culture and background, ensuring nuanced assessments that reflect who you truly are. ▪︎Emotional Resonance: Forget cold, robotic scores! Sora understands the emotional weight of online interactions, painting a more human picture of your reputation.
Why should you care?
▪︎Goodbye, Fake News: No more being judged by misinformation or online trolls. Sora cuts through the noise and shows the real you.
▪︎Unlock Opportunities: A trustworthy reputation opens doors to better jobs, stronger relationships, and even financial benefits.
▪︎Be the Change: Join the movement towards a fairer, more equitable online world where trust is earned, not imposed.
Ready to dive in? Keep an eye out for more updates on Sora's development. This is just the beginning of a reimagined online world where you are in control!
P.S. Don't forget to share your thoughts and join the conversation!
#Worldcoin #OpenAI #SORA #decentralised #Write2Earn
Imagine a world where your online reputation isn't controlled by faceless corporations or biased algorithms. That's the vision behind Sora, a revolutionary new collaboration between Worldcoin and OpenAI!
Here's the gist:
▪︎Decentralized Trust: Sora throws away the old, unreliable reputation systems and builds a new one on the blockchain, where you control your data and identity.
▪︎AI-Powered Insights: OpenAI's cutting-edge AI analyzes your online activity to create a fair and accurate picture of your trustworthiness.
▪︎Speaking Your Language: Sora adapts to your culture and background, ensuring nuanced assessments that reflect who you truly are. ▪︎Emotional Resonance: Forget cold, robotic scores! Sora understands the emotional weight of online interactions, painting a more human picture of your reputation.
Why should you care?
▪︎Goodbye, Fake News: No more being judged by misinformation or online trolls. Sora cuts through the noise and shows the real you.
▪︎Unlock Opportunities: A trustworthy reputation opens doors to better jobs, stronger relationships, and even financial benefits.
▪︎Be the Change: Join the movement towards a fairer, more equitable online world where trust is earned, not imposed.
Ready to dive in? Keep an eye out for more updates on Sora's development. This is just the beginning of a reimagined online world where you are in control!
P.S. Don't forget to share your thoughts and join the conversation!
#Worldcoin #OpenAI #SORA #decentralised #Write2Earn
Exploring BlockDag - The Evolution of future Blockchain Technology ( A MUST READ ) $TARA 🚨
What is BlockDag ?
In the context of distributed ledgers, a blockDAG is a DAG whose vertices represent blocks and whose edges represent references from blocks to their predecessors.
The difference in structure provides opportunities.
Both the blockchain and the blockDAG are distributed ledgers. However, they have different structures. A blockchain represents a chain of transaction blocks in an unalterable, chronological order. Conversely, a blockDAG is a network of individual transactions linked to multiple other transactions.
There are no blocks of transactions in DAG networks. If blockchain is a linked list, a DAG is a tree, branching out from one transaction to another, to another, and so on.
Thus, a blockDAG provides a new outlook on validation, which could take the concept of decentralization a step further. In contrast with a blockchain’s multiple solutions to consensus, in a DAG, individual transactions provide validation for one another.
Also, the system eliminates the need for fees, as each transaction participant is automatically a miner and a validator (not to their own transactions). By doing so, blockDAG also cuts the need for a “miner army,” thus slashing energy consumption.
1/ BlockDag Introduction
BlockDag = Directed Acyclic Graph of Blocks.
Innovative data structure in blockchain/cryptocurrency systems.
Addresses scalability and confirmation time limitations of traditional blockchains.
2/ Evolution of Development
BlockDag emerges as a blockchain evolution.
Aims to overcome bottlenecks, scalability challenges.
Gains momentum with the need for faster consensus mechanisms.
3/ Innovations in BlockDag
Concurrency: Multiple branches confirmed simultaneously, boosting transaction throughput.
Scalability: Higher throughput with reduced single-chain dependency.
Confirmation Speed: Parallel paths lead to faster transaction confirmations.
Orphan Blocks: Minimized due to multi-path confirmation.
4/ Leading Notable BlockDag Projects
For example, A leading BlockDag project like $TARA which is up alone over 1,120% nearly 11x & still in its infancy, is revolutionising tech, & rewriting the rulebook, by bringing innovation to blockchain like never before. With a new era of endless possibilities with their EVM-compatible #BlockDag tech, as well as others like $KAS
AI-Enabled Web3 integration Ecosystem
#Layer1 + #EVM compatible
BlockDag technology
Fast, Low-Cost & Green
Smart contracts
No Network Congestion
True Decentralisation
5/ Challenges & Future Directions
Security: Complex due to non-linear structure.
Consistency: Innovative consensus mechanisms are needed.
Adoption Hurdles: Changes in existing blockchain infrastructure necessary.
Conclusion
BlockDag tech offers a fresh approach to blockchain limits, Promising scalability, concurrency, and speed. Challenges persist: Security, consensus, and adoption will shape BlockDag's blockchain journey, as #bitcoin choses #decentralised and security, while #ETH opted for security and scalability, leaving decentralization in the rearview mirror. Can BlockDAG technology eliminate the need to choose?
$BNB $MATIC $BTC
In the context of distributed ledgers, a blockDAG is a DAG whose vertices represent blocks and whose edges represent references from blocks to their predecessors.
The difference in structure provides opportunities.
Both the blockchain and the blockDAG are distributed ledgers. However, they have different structures. A blockchain represents a chain of transaction blocks in an unalterable, chronological order. Conversely, a blockDAG is a network of individual transactions linked to multiple other transactions.
There are no blocks of transactions in DAG networks. If blockchain is a linked list, a DAG is a tree, branching out from one transaction to another, to another, and so on.
Thus, a blockDAG provides a new outlook on validation, which could take the concept of decentralization a step further. In contrast with a blockchain’s multiple solutions to consensus, in a DAG, individual transactions provide validation for one another.
Also, the system eliminates the need for fees, as each transaction participant is automatically a miner and a validator (not to their own transactions). By doing so, blockDAG also cuts the need for a “miner army,” thus slashing energy consumption.
1/ BlockDag Introduction
BlockDag = Directed Acyclic Graph of Blocks.
Innovative data structure in blockchain/cryptocurrency systems.
Addresses scalability and confirmation time limitations of traditional blockchains.
2/ Evolution of Development
BlockDag emerges as a blockchain evolution.
Aims to overcome bottlenecks, scalability challenges.
Gains momentum with the need for faster consensus mechanisms.
3/ Innovations in BlockDag
Concurrency: Multiple branches confirmed simultaneously, boosting transaction throughput.
Scalability: Higher throughput with reduced single-chain dependency.
Confirmation Speed: Parallel paths lead to faster transaction confirmations.
Orphan Blocks: Minimized due to multi-path confirmation.
4/ Leading Notable BlockDag Projects
For example, A leading BlockDag project like $TARA which is up alone over 1,120% nearly 11x & still in its infancy, is revolutionising tech, & rewriting the rulebook, by bringing innovation to blockchain like never before. With a new era of endless possibilities with their EVM-compatible #BlockDag tech, as well as others like $KAS
AI-Enabled Web3 integration Ecosystem
#Layer1 + #EVM compatible
BlockDag technology
Fast, Low-Cost & Green
Smart contracts
No Network Congestion
True Decentralisation
5/ Challenges & Future Directions
Security: Complex due to non-linear structure.
Consistency: Innovative consensus mechanisms are needed.
Adoption Hurdles: Changes in existing blockchain infrastructure necessary.
Conclusion
BlockDag tech offers a fresh approach to blockchain limits, Promising scalability, concurrency, and speed. Challenges persist: Security, consensus, and adoption will shape BlockDag's blockchain journey, as #bitcoin choses #decentralised and security, while #ETH opted for security and scalability, leaving decentralization in the rearview mirror. Can BlockDAG technology eliminate the need to choose?
$BNB $MATIC $BTC
