Articles

Myria: Blockchain Gaming Ecosystem & Ethereum L2 Scaling

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Welcome to the Myriaverse , one of the first pioneering blockchain gaming ecosystems. It provides an inclusive connection with multiple game publishers and other third parties. With Myria gamers and devs can join a full suite gaming metaverse and players can choose to join any games they like. At the moment, the market is still dominated by individual and fragmented games. Myria is taking the lead to form a bridge between those scattered worlds and chain them into one unified space. There, you will have free choices among a vast list of top-tier blockchain games. There is little doubt that the future of gaming is interconnected. What is Myria All About? Myria is in its development phase, and recently closed a private node sale in April 2022. This milestone was followed by an Alliance Sigil NFT free-to-claim drop to be launched this May. More new hot campaigns will be dropped soon by the founder. With Myria, every gamer, blockchain enthusiast, NFT investor and trader can partici...

Ethereum’s Merge is Due in August, Barring Any Problems

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The LUNA crash, the Terra disruption, and the ongoing market instability have all impacted the way people are thinking about blockchain. Despite market uncertainty, one thing is certain: Ethereum’s full upgrade to Proof-of-Stake is still in the works , and the Merge is expected to take place in August if everything goes as planned. Ethereum is Getting Ready Preston Van Loon, a core developer on the Ethereum team, stated at a panel at this year’s Permissionless conference that the shift from Proof-of-Work to Proof-of-Stake, or the Merge, will happen in August if all goes according to plan. In a statement, Ethereum Foundation Justin Drake agreed that the team’s current priority is, “to make this happen before (the) difficulty bomb in August.” The term “difficulty bomb” refers to the increased difficulty in Etherum mining as a result of the PoS switch. This mechanism was designed to eliminate PoW and prevent growth on the Ethereum blockchain from being halted. Ropsten Public Testn...

SeaCoast: Leading the Marine Blockchain Revolution

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SeaCoast is a digital platform that manages content and services related to the coast and the marine sector. Its purpose is to not only provide any user with resources and tools to help them enjoy their leisure time completely but also generate their own economy through augmented reality technologies. While adopting edge-cutting technologies like blockchain become common in several industries, the coastal marine sector is falling behind in digital innovation. The change in consumption habits associated with digitization, especially regarding experiential leisure, is more difficult. In the coastal marine sector, many new resources have evolved over the centuries. Some of the innovations include the compass, the nautical chart, or certain elements of weather forecasting, but it has lacked digital tools that offer coastal sailors new capabilities to manage the data. Marinas or professionals in the sector also are facing the same shortfall of data sharing capabilities. The informat...

Bybit Quarterly Report: Solana Performance in Q1/2022 Looks Good!

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Bybit , one of the leading cryptocurrency exchanges, recently published a report analyzing the Solana network performance in Q1/2022. The analysis gives in-depth insights into the network’s overall development, DeFi as well as NFT ecosystem. The results are interesting to say the least. Transactions Are On The Rise According to statistics from SolanaFM , Solana has seen a growth in daily active unique addresses despite the recent downturn in the crypto market. After reaching the ATH in November 2021, Solana has continued its rise with trade volume increasing more than 16 times in the first quarter of 2022 compared to the same period in 2021. The blockchain not only outperformed itself but also stepped beyond established competing networks. In particular, Magic Eden increased from less than 100k to over 500k active unique addresses engaging with dApp projects in less than a month. Following Magic Eden, Serum, Raydium, and Mango all grew steadily. Big Boost For Serum In terms ...

Lens: Aave Launches Decentralized Social Media Protocol Built on Polygon

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Aave, one of the most prominent DeFi lending protocols, announced today the introduction of the mainet for Lens , an NFT-powered social networking protocol built on Polygon. Lens is seen as a completely user-controlled technology stack in which users have full control over their data, content, and social graph. While Lens Protocol is easily comparable to big social media giants such as Twitter, NFT’s role distinguishes it from these social networks. Lens stores all content as NFTs, and user data ownership is key to the development process. A New NFT Lens for Polygon? Lens Protocol runs on Polygon, a decentralized Ethereum scaling blockchain that supports and tackles the Ethereum blockchain’s primary challenges such as scalability, gas prices, and transactional speed. Polygon, with its low transaction costs, high access throughput, and security, is an effective option for any decentralized social network. Bloom into a new era of social  Lens Protocol is ready for you to bui...

Why Crypto Companies Are Spending Millions To Win Over Viewers

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Despite the recent slump in the cryptocurrency market, the industry is still thriving, and crypto awareness is expanding. Simultaneously, there has been a notable change in expenditure from bitcoin firms, who now seem interested in getting involved in how the space is regulated. According to a report published earlier this month, crypto businesses have spent more than $20 million on political campaigns throughout the country. Since 2018, at least $100 million has been spent on lobbying and other measures to strengthen crypto regulation, according to the study. Multiply the above numbers by at least a hundred, and you will end up with an amount that crypto companies spend on advertising. This rise in crypto companies’ spending hasn’t gone unnoticed. Furthermore, concerns have been raised about what seems to be the growing influence of crypto and crypto companies across the board – especially for marketing and awareness. Why is this? Crypto Ad Spending Is Off The Charts To begin, ...

Stablecoins: UST, Systemic Risk & Ergo’s SigmaUSD

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If you have been paying any attention to the world of cryptocurrency, odds are that you have heard about UST losing its peg and the Luna token crashing to less than $0.001. The effects of this event will undoubtedly ripple throughout the crypto ecosystem for some time. Not only have many investors lost money, but the entire world has witnessed a supposed “stable” coin, with a market cap of $18 Billion, fall from its intended value of $1 to $0.17 at the time of writing. This is an enormous blow to the confidence of average investors and an obvious point of contention for government regulators. As the crypto world moves forward, it is more important than ever for people to understand what an algorithmic stablecoin is, how UST was designed to hold its value at $1 USD, what went wrong, and, most importantly, how we could ever trust another stable coin again. So, what is UST? UST is a stable coin that is bridged onto the Ethereum blockchain and is intended to be worth exactly $1. The Te...