Unifying NFTs: Sei and Omni Propose New EIP for Ethereum Ecosystem
In a bid to address the challenges of NFT fragmentation and high gas fees within the Ethereum ecosystem, Sei Labs and Omni have come together to propose a groundbreaking solution. Their collaborative effort introduces a new Ethereum Improvement Proposal (EIP) is aimed at unifying NFTs across the entire emerging Ethereum ecosystem. The Problem: NFT Fragmentation and High Gas Fees Over the years, Ethereum has witnessed a proliferation of scaling solutions, including Layer 2 rollups and high-perfor
Empowering DragonSwap: The Strategic Choice of Sei V2 EVM
The world of cryptocurrencies is evolving every day and projects are faced with the question of which technology to choose to build their project on, as it plays a key role in its success. DragonSwap made a strategic decision to build its infrastructure on Sei's V2 EVM. This conscious choice is driven by the unprecedented performance gains offered by a parallelised EVM, enabling DragonSwap to create a high-performance and user-centric trading experience similar to a centralised exchange within d
HAQQ Network's Unique Approach to Pending State in Blockchain Transactions
#HaqqNetwork illuminates a pivotal phase known as the 'Pending State,' demystifying its significance and underscoring the distinctive features that set HAQQ.
Decoding the 'Pending State' The 'Pending State' is a temporary phase in a blockchain transaction's lifecycle where the transaction or block has been submitted to the network but has not yet been fully confirmed and permanently added to the blockchain ledger.
Why Blockchains Need the 'Pending State' HAQQ outlines four essential reasons why blockchains incorporate the 'Pending State' mechanism:
Transaction Validation: Validators require time to verify the authenticity of transactions, preventing issues such as double-spending.
Block Formation: Transactions need to be organized into blocks and added to the blockchain in a sequential manner.
Consensus Mechanism: The network must reach a consensus on the validity of a block and its transactions.
Network Congestion: High transaction volumes can lead to delays, and the 'Pending State' allows validators to prioritize transactions based on fees.
HAQQ's Distinctive Approach HAQQ diverges from traditional blockchain practices in handling the 'Pending State.' Unlike #Ethereum , where pending blocks are generated as they queue for production by miners, HAQQ introduces the CometBFT consensus mechanism. This mechanism provides instant finality for transactions, eliminating the need for a 'pending state.'
Instant Finality on HAQQ HAQQ's design, anchored by the CometBFT consensus, does not necessitate a 'pending state.' Most transactions are committed to the next block promptly, boasting an average block time on Cosmos chains of approximately 8 seconds.
Conclusion The elimination of a 'pending state' mechanism, coupled with instant finality, positions HAQQ as a blockchain network at the forefront of technological advancement. As the blockchain ecosystem continues to evolve, HAQQ stands as a testament to the pursuit of streamlined and secure transactions
The world of cryptocurrencies is changing every day, and today I would like to take a look at Islamic Coin ( #ISLM ), which is emerging as a special player that combines the principles of Islamic finance with advanced blockchain technology. Here are the good reasons why Islamic Coin deserves your attention:
Global Community Focus: With a global perspective, Islamic Coin caters to the financial needs of the Ummah worldwide. Its commitment to inclusivity and accessibility fosters a community-driven approach, ensuring that a diverse range of users can benefit from its offerings.
Innovative Features: The integration of unique features, such as the "Buy ISLM with Fiat" option in the HAQQ Wallet, showcases Islamic Coin's dedication to enhancing user experience and making cryptocurrency more accessible to a broader audience.
Strategic Partnerships: Islamic Coin's strategic collaborations, including partnerships with blockchain studios like Ambrus Studio, demonstrate a commitment to expanding its ecosystem. These partnerships contribute to the development of innovative solutions and applications.
Transparent Communication: Islamic Coin maintains transparent communication with its community through regular updates, informative articles, and engaging social media content. This transparency fosters trust and keeps the community well-informed about the project's progress.
Future Vision: Islamic Coin's vision for the future involves continuous innovation, expansion into new sectors, and furthering its impact on the global Ummah. Keeping an eye on the project's future developments promises exciting opportunities for users and investors alike.
In conclusion, #Islamiccoin emerges as a project that not only respects the principles of Islamic finance but also actively contributes to positive change and inclusivity in the crypto space. Its unique features, strategic partnerships, and community-centric approach make it a project worth considering for those seeking a cryptocurrency with a purpose.
Islamic Coin's Enhanced Weekly Activities and Rewards
In a recent announcement on Islamic Coin revealed exciting developments in their Weekly Activities on Discord and Telegram. The vibrant community hub, Zealy, is undergoing a transformation to become an even more dynamic space for engagement and rewards.
Zealy's Evolution The Weekly Activities, which were traditionally hosted on Islamic Coin's Discord and Telegram channels, will now be processed through special quests on Zealy. This transition to Zealy is aimed at enhancing the overall experience for community members.
Rewarding Contributions Acknowledging the active participation of the community, #Islamiccoin introduced new Weekly Activity formats on Zealy back in December. This initiative aimed at recognizing and rewarding the top contributors with exclusive ISLM rewards. Responding to user feedback, Islamic Coin is committed to expanding and diversifying these rewards in the future. Now, your position on the Zealy leaderboard is directly tied to exclusive #ISLM rewards, adding an extra layer of excitement and incentive for community members.
Zealy XP: A New Dimension to Rewards In a move to make every community member's contribution more rewarding, Islamic Coin has introduced Zealy XP. With every new Weekly Activity, participants earn Zealy XP, regardless of whether they emerge as winners. This shift ensures that every engagement on Zealy contributes to the community's growth and rewards participants for their ongoing dedication.
Islamic Coin recognizes that the community's dedication deserves more than just rewards—it deserves recognition. The new developments on Zealy aim to create a space where every community member feels valued and appreciated.
As Islamic Coin continues to innovate and evolve, these enhancements to Zealy mark a significant step in strengthening the bond within the community. The journey on Zealy is set to be an enriching experience for all, reflecting the true spirit of Islamic Coin's vibrant community.
Taking Control: Braavos Hardware Signer and the Future of Self-Custody
In the ever-expanding realm of digital assets, the allure of non-custodial wallets promises financial freedom and absolute control over one's crypto assets. However, a shadow looms over this promise – the potential transformation of a non-custodial wallet into a custodial one with a single software update. Let's delve into this overlooked risk and explore how Braavos' Hardware Signer offers a beacon of true self-custody. Understanding Non-Custodial Wallets: A Fragile Promise Non-custodial wallet
Unraveling the Myths: The Comprehensive Upgrade of Sei v2
In recent discussions, there have been misconceptions circulating about Sei v2, primarily focusing on the misconception that it only revolves around "parallelizing the execution environment." This statement is unequivocally false. Sei v2 is a comprehensive upgrade that tackles every facet of the stack, addressing critical components like state access, state commitment, and state storage. This holistic approach is instrumental in achieving the exceptional performance witnessed in benchmark tests
HAQQ Network Forges Strategic Partnership with GoMeat
HAQQ Network is proud to announce its strategic collaboration with GoMeat, a pioneering blockchain-based platform dedicated to revolutionizing Halal certifications and supply chain processes. With a shared commitment to ethical values and cutting-edge technology, this partnership aims to bring convenience, transparency, and traceability to the world of Halal meat. Key Focus Areas of Collaboration: Efficient Halal Meat Distribution: #Haqq and GoMeat are set to supercharge the distribution of Hal
Innovative Alliance: HAQQ and Ambrus Studio Set to Redefine Sustainable Gaming
Exciting times unfold as #Haqq and Ambrus Studio join hands to pioneer a new era in sustainable gaming. Ambrus Studio, a dedicated force in sustainable gaming solutions committing 1% of revenue to environmental causes, aligns seamlessly with HAQQ's commitment to philanthropy through its Evergreen DAO.
Key Aspects of the Dynamic Partnership:
1️⃣ Ethical Gaming with Purpose: Ambrus Studio's "Good Game for Good Cause" initiative meets HAQQ's commitment to creating a gaming experience with a positive environmental impact.
2️⃣ Global Reach: Together, HAQQ and Ambrus Studio embark on developing top-tier gaming experiences for emerging markets, including India, Pakistan, the Middle East, and Africa.
3️⃣ Onboarding for Web2 Gamers: HAQQ facilitates a smooth transition for web2 gamers, introducing them to the captivating realm of E4C: Final Salvation.
4️⃣ Exclusivity on HAQQ: Ambrus Studio's game assets find an exclusive home on HAQQ's PoS L1 chain, constructed with Cosmos SDK. This ensures seamless interoperability and an immersive user experience for players in key regions.
5️⃣ Ecosystem Harmony: Ambrus Studio's E4C Verse integrates seamlessly into HAQQ's infrastructure, leveraging the proprietary HAQQ wallet for an enhanced in-game experience.
To mark this momentous collaboration, Ambrus Studio plans an alpha test for the E4C games in January 2024. Players can anticipate exciting rewards for completing missions and securing top positions on the leaderboard.
The collaboration between HAQQ and Ambrus Studio stands as a testament to their shared commitment to redefining the landscape of gaming. With a focus on purposeful, ethical gaming, global inclusivity, and seamless integration, this alliance is set to bring forth a revolution in the gaming industry.
Embark on a Transformative Voyage into the Vibrant World of Islamic Commerce!
Greetings, Fellow Explorers! Join the captivating journey through the dynamic and faith-fueled realms of Islamic business, where innovation meets tradition across ten pivotal sectors set to leave an indelible mark on the global market. Introduction: Unveiling the Tapestry of Islamic Business In an era where commerce and ethics intertwine, the Islamic business landscape stands as a beacon of fair, ethical, and inclusive practices. Powered by the #ISLM token, the mission transcends economic bound
Unlocking Financial Opportunities: The Transformative Power of Liquidity Mining in Islamic Coin
The cryptocurrency space constantly evolves, presenting innovative solutions to reshape our financial landscape. Liquidity mining, a prominent concept in decentralized finance (DeFi), is more than a mere token shuffle; it has the potential to revolutionize our financial narrative.
How Liquidity Pools Work: Liquidity providers play a vital role by adding their tokens to a pool. Despite the inherent risk, they rely on others contributing different tokens to the same pool. The system's beauty lies in its equity – all tokens serve everyone in the pool, creating a fair and mutually beneficial environment.
Islamic Finance Compatibility: But how does liquidity mining align with Islamic finance principles?
Risk: Participants willingly contribute funds to liquidity pools, a permissible financial activity.
No Riba (Usury): Since no inherent borrowing occurs, participants utilize available liquid funds, avoiding usury concerns.
Balance and Fairness: Liquidity pools embody principles of equity, fairness, and transparency, aligning seamlessly with Islamic financial values.
Ethical Endeavor: Liquidity mining becomes an ethical endeavor, offering open access to funds in harmony with core Islamic wealth principles such as economic participation, societal well-being, and ethical engagement.
A Go-To Option for Ethical Traders: With its risk-taking spirit, transparent dynamics, and alignment with Islamic financial principles, liquidity mining stands as a go-to option for ethical traders. It represents a commitment to innovation and inclusivity in the evolving crypto landscape.
In conclusion, liquidity mining in #Islamiccoin unlocks financial opportunities while adhering to ethical and transparent principles. It exemplifies the project's dedication to shaping a future where DeFi aligns seamlessly with Islamic finance, fostering innovation, inclusivity, and ethical engagement.
SEI and Crown Finance: Unleashing the Potential of DeFi Trading
Crown Finance, a novel AMM, sets its sights on transforming the way users engage with decentralized trading platforms. By choosing #Sei as its foundational blockchain, Crown Finance leverages the unparalleled speed, scalability, and efficiency of SEI's infrastructure to provide a seamless and user-friendly trading experience.
Key Objectives and Vision
The overarching vision of Crown Finance is clear — to establish itself as the leading AMM in the DeFi realm. Unlike traditional financial systems, Crown Finance prioritizes the democratization of finance, allowing users to create permissionless pools effortlessly. This user-centric approach aligns with SEI's commitment to fostering accessible and inclusive financial ecosystems.
Innovative Features: Concentrated Liquidity Market Making (CLMM)
CLMM sets Crown Finance apart, promising enhanced liquidity efficiency and improved trading terms. This innovative feature demonstrates the desire to progress in the DeFi space.
Permissionless Pool Creation
One of Crown Finance's standout features is the empowerment of users to create permissionless pools with unparalleled ease. This functionality opens doors for seamless token trades, providing a level of flexibility and accessibility that is pivotal for the growth of DeFi.
Community-Centric Approach
More than a platform, Crown Finance envisions building a thriving community where every participant benefits. The emphasis on community engagement, coupled with innovative features and strategic partnerships, solidifies Crown Finance's commitment to creating a sustainable and user-friendly DeFi ecosystem.
In summary, Crown Finance's collaboration with SEI marks a significant stride in reshaping decentralized finance. SEI's cutting-edge blockchain technology enhances Crown Finance's capabilities, promising innovative features and a user-friendly DeFi environment.
Enhancing Crypto Security: A Comparative Analysis of Braavos and Ledger
Recently, the cryptocurrency community was rocked by a major security breach at #Ledger , a prominent crypto wallet provider. The incident has raised concerns about the safety of digital assets and the trustworthiness of crypto wallets. In this article, we'll delve into a critical distinction between #Braavos and Ledger, shedding light on their security approaches in the wake of this recent event.
Authentication Factors: The Key Differentiator
The crux of the matter lies in the authentication factors employed when signing transactions. Braavos and Ledger take divergent paths in securing their users' assets.
Ledger relies on 1FA (Single-Factor Authentication), requiring users to authenticate with something they know – their seed phrase or password.
Braavos, on the other hand, adopts a more robust approach with 3FA (Triple-Factor Authentication). Users are authenticated through:
1. Your seed phrase/password. 2. Your smartphone. 3. Your face/fingerprint.
The Importance of Multi-Factor Authentication
The significance of Braavos' multi-factor authentication becomes evident in the event of a compromised seed phrase or password. Even if unauthorized access occurs, transactions cannot be executed without possessing the user's smartphone and biometric data, adding two additional layers of security.
In contrast, Ledger's reliance solely on something users know makes it more susceptible to breaches if the seed phrase or password is compromised.
Braavos: Prioritizing Security and Usability
Despite being a newer entrant in the market compared to Ledger, Braavos places a premium on secure and user-friendly crypto transactions. Leveraging the capabilities of Starknet's account abstraction, Braavos introduces a shift in enhancing both security and usability in the crypto space.
Real World Assets on Sei: Unveiling the Future of Asset Tokenization
The integration of Real World Assets (RWAs) into $SEI blockchain marks a significant paradigm shift in the world of decentralized finance. Let's delve into the intricacies of RWAs, their transformative impact, and the key role Sei plays in asset tokenization. Understanding RWAs and Their Impact RWAs redefine the conventional boundaries between physical and digital assets. By tokenizing ownership or rights on the blockchain, they bring tangible and intangible assets into the decentralized realm.
In a stride towards refining the #ISLM staking economy, significant updates have been incorporated into the HAQQ Network's whitepaper. The removal of the previous 100-year limit for ISLM minting demonstrates the commitment to adaptability and responsiveness to market dynamics. The decision to revamp token inflation aligns with industry practices, allowing for adjustments based on market performance, particularly in bearish conditions. Despite these changes, ISLM's supply remains capped at 100 billion coins, with an initial annual inflation rate set at 7.78%. Governance empowers the community to modulate token inflation and staking incentives based on diverse factors.
Staking Economy Audit
A meticulous audit of the Staking Economy on the #HaqqNetwork is reaching its culmination. The finalized module has been implemented, and security partner, Halborn, is diligently conducting the security audit. Upon completion, the audit outcomes will be presented as a governance proposal, a crucial step towards fortifying the tokenomics in line with the HAQQ Network's ethical finance mission. HAQQ anticipate the audit to be concluded and proposed within the upcoming week.
Upcoming Governance Proposal
As HAQQ prepare to submit the governance proposal on token inflation, slated for the following week, HAQQ invite you to actively participate in the voting process. Your valuable insights will contribute to the refinement of the HAQQ Network's ecosystem and uphold the commitment to ethical finance.
Regulatory Disclosures
The updated whitepaper will feature comprehensive regulatory information, underscoring the HAQQ Network's unwavering dedication to the highest compliance standards and adherence to relevant regulations.
Dive into the details of the whitepaper update at https://haqq.network/wp. Let's collectively shape the future of ethical finance in the digital age. Stay tuned for further updates!
HAQQ has successfully processed over 10 million transactions!
As a proof-of-stake (PoS) blockchain, #Haqq relies on validators who govern network operations based on their stakes. let's delve into the fascinating lifecycle of a transaction on HAQQ.
1️⃣ Transaction Initiation: A transaction is initiated within the HAQQ network. 2️⃣ Mempool Validation: The transaction's validity is checked by the RPC node when added to the mempool. 3️⃣ Block Inclusion: The transaction is included in a block. 4️⃣ Execution and Completion: The transaction is executed, receipts are sent to the user, and it is marked as completed.
HAQQ ensures rapid transaction finality, with only 6 seconds to completion. But how are transactions validated on HAQQ? The network is powered by the CometBFT consensus engine, where a set of validators commit new blocks. This engine guarantees the same transactions are recorded in the same order on every machine, ensuring near-instant transaction confirmations, robust security, and scalability.
Holders of HAQQ's native currency, #ISLM , play a crucial role. They can delegate their stake to validators, with the top 150 stakers becoming validators on HAQQ. Validators and their delegators earn ISLM through block rewards and a share of the network's transaction fees, offering a rewarding experience for participants.
HAQQ's speed, security, and high throughput make it an ideal choice for low-latency use-cases such as gaming and finance. Emphasizing ethics-first principles, HAQQ is transforming the gaming landscape with concepts like 'Halaltainment,' promoting inclusivity, responsibility, and transparency in in-game transactions and revenues.
As the network continues to grow, the HAQQ Explorer serves as a comprehensive resource for all network data needs. Explore staking app to observe the status of HAQQ Network validators and delegate your ISLM tokens to HAQQ validators for a seamless and rewarding experience.
IAN on SEI: Revolutionizing Blockchain-Enabled Asset Tokenization
In a monumental stride, IAN is making waves on #Sei , the undisputed leader in Layer 1 blockchain technology.
About IAN: IAN emerges as a revolutionary platform, dedicated to overhauling the real-world assets industry. Its primary mission is to enable the tokenization of high-end items, transforming the likes of watches and fine art into digital assets. This unique approach brings unprecedented liquidity and flexibility to luxury markets, fundamentally reshaping ownership, exchange, and valuation dynamics.
About Sei: Sei stands as the unrivaled leader in the world of Layer 1 blockchains. Renowned for its speed and scalability, Sei supports multiple execution environments, including the pioneering parallelized EVM. It sets the benchmark for blockchain innovation, offering applications the performance of web2 while embracing the decentralization and sovereignty of web3.
Why Sei: Sei’s unparalleled infrastructure is integral to achieving the best user experience for community. Sei's exceptional speed and trading optimizations not only empower the creation of deeply efficient markets but also unlock new investment horizons for retail traders in historically illiquid assets.
IAN is not merely integrating with Sei; it's harnessing the power of Sei to construct a groundbreaking platform, heralding a new era in real-world asset trading.
With IAN building on Sei, we're witnessing the convergence of the intriguing world of real-world assets with the efficiency of blockchain. It ushers in a new era of asset tokenization and trading, offering unmatched liquidity and transparency in luxury markets.
This collaborative initiative transcends traditional boundaries, pushing the limits of what can be achieved in the trading sphere. It's a symphony of innovation and efficiency, where Sei takes center stage, defining the future of decentralized trading and redefining the valuation of real-world assets.
Sei Bug Bounty Program: Strengthening Security with Immunefi
In an ever-expanding blockchain ecosystem, the need for robust security measures is paramount. Acknowledging this, Sei Labs, in collaboration with Immunefi, has launched a comprehensive bug bounty program. This initiative, designed for security researchers, developers, and white hat hackers, aims to identify and address potential vulnerabilities within the Sei ecosystem. Why a Bug Bounty Program? As the Sei ecosystem grows, the likelihood of bugs and vulnerabilities arises. Recognizing the impor
Welcome to Abstract Conversations, a groundbreaking series that opens the door to insightful discussions with the crypto industry's foremost founders, innovators, and thought leaders. Join Burnt on this journey where complexity meets clarity.
Meet Your Host Abstract Conversations is hosted by none other than Burnt Banksy, the visionary founder and CEO of Burnt. Known globally for audacious displays of digital scarcity, Burnt Banksy and the Burnt team, pivotal contributors to the #XION network, bring a wealth of industry expertise. Listeners can anticipate digestible insights into the inner workings of the crypto world from a true pioneer.
Why Abstract Conversations? Podcast mirrors Burnt's mission to make crypto more accessible to mainstream audiences. Just as XION's Generalized Abstraction layer aims to simplify complexities for mass adoption, Abstract Conversations will feature engaging dialogues with leading contributors, making intricate topics fun and accessible. These conversations will delve into project fundamentals, aiming to educate and simplify complex concepts for both crypto enthusiasts and newcomers.
Stay Tuned for Engaging Insights With Abstract Conversations, Burnt continues its mission of making Web3 accessible through various mediums. Community input is very important to Burnt, and the podcast will evolve based on ideas and suggestions from listeners. Stay with #Burnt for the first episode, in which demystify cryptocurrency, making it accessible to everyone
About Burnt Burnt is transforming the future of Web3 with XION, the first layer 1 chain designed for consumer adoption by simplifying crypto complexities. Having raised over $11M from top-tier investors, including Animoca, Circle, Multicoin, Spartan, HashKey, and more, Burnt is at the forefront of the Web3 revolution. $USDC #crypto2023 #crypto2024
HAQQ and TokenPocket Integration: Empowering ISLM Accessibility Worldwide
In a groundbreaking development, #Haqq is thrilled to announce its integration with TokenPocket, a globally recognized multi-chain self-custodial wallet. This integration marks a significant milestone in commitment to delivering a comprehensive and Shariah-compliant financial solution to the global community.
TokenPocket's extensive user base, exceeding 3.5 million monthly active users across 200+ countries, perfectly aligns with vision of widespread accessibility. This partnership not only enhances the capabilities of the #ISLM community but also provides a streamlined avenue for managing digital assets. Users can now seamlessly exchange their ISLM for stablecoins like $USDC directly within the TokenPocket wallet, eliminating the reliance on centralized exchanges or bridges. This functionality not only serves as a feature but as a substantial empowerment for our community, simplifying the process of diversifying digital portfolios while adhering to Shariah principles.
Moreover, our mission-driven strategy continues to extend the reach of ISLM across various communities and businesses. A notable testament to this expansion is the recent integration of ISLM into Coinpayments, a leading cryptocurrency payment solution provider. This integration opens up opportunities for ISLM to be accepted by over 100,000 merchants globally, solidifying its position as a major player in the field of Islamic digital finance.
The integration of HAQQ with TokenPocket represents a significant stride towards enhancing the accessibility of ISLM worldwide. This strategic partnership not only streamlines digital asset management but also reinforces commitment to providing a Shariah-compliant financial ecosystem. As we continue to innovate and expand our reach, HAQQ remains dedicated to empowering the global community with ethical, inclusive, and cutting-edge financial solutions.