Decentralized predictions market project Polkamarkets has completed its token sale through the Polkastarter platform, and the project’s POLK tokens are now available for trading on Uniswap.
Polkamarkets will be launching an on-chain predictions market on the Polkadot platform that will allow users to speculate on the outcomes of various events, ranging from (e)sports matches and politics to cryptocurrency prices.
The project will also incorporate DeFi incentives into its predictions market platform, with the goal of ensuring sufficient liquidity and improving participation. Polkamarkets also aims to include an entertainment component by providing gamified experiences with the help of NFTs, as well…
After many twists and turns, the Ethereum 2.0 Half 0 beacon chain formally launched the genesis block at 8 pm Beijing time on December 1.
For the Ethereum group, that’s undoubtedly an necessary milestone: the curtain on the freeway of Ethereum 2.0 is formally opened, what lies ahead is the final acceleration of Ethereum from PoW to PoS.
Tokamak Network, a Layer-2 solution for the Ethereum blockchain, has just announced a partnership with Korea Digital Asset Trust (KDAC). KDAC is a consortium of start-ups that provide digital asset solutions. KDAC was established by companies like Kobit, Blocko, and Fair Square Lab.
The partnership hopes to be mutually beneficial for both the Tokamak Network and KDAC, allowing Tokamak to guide KDAC through the Ethereum ecosystem and expand its functions. The Tokamak Network plans to strengthen KDAC’s wallet security for its assets. …
The blockchain industry has been growing rapidly in the last decade. A lot of time and resources have been dedicated to creating applications designed to disrupt most traditional frameworks and serve the world in a better way.
Despite the huge potential, many of these applications have been facing a lot of drawbacks such as scaling issues, limited decentralization, and security compromises on protocols.
Ethereum blockchain caves to DeFi pressure
Ethereum is the most renowned blockchain for Dapps and DeFi. The huge interest in the DeFi space has seen value locked within DeFi smart contracts surge to over $21 billion. …
Tokamak Network, the market’s leading layer-2 on-demand aggregator has recently announced the commencement of a partnership with Bounce Finance, a decentralized auction protocol providing competitive swap environments that power the future of open finance.
Over the last couple of months, the decentralized finance market has seen considerable growth, with billions of dollars worth of cryptocurrencies being locked in smart contracts. DeFi facilitates frictionless finance by providing individuals with collateralized loans and high-yield revenue streams for users looking to earn interest via their digital assets.
In particular, Bounce Finance was designed to provide DeFi enthusiasts with access to a decentralized auction…
The blockchain market is rapidly growing, with billions of dollars invested in creating new applications designed to positively disrupt most of the world’s industries. Despite its huge potential, many blockchains face specific issues, including scaling challenges, lack of sufficient decentralization, and poor security protocols.
For instance, Ethereum is by far the most renowned blockchain for dApps and DeFi. Even with over $21 billion locked within DeFi smart contracts, it’s still unable to serve the masses due to its relatively low transaction throughput and high gas fees.
Indeed, these issues may be viably dealt with following the release of Ethereum 2.0…
Algorand is a decentralized cryptocurrency and smart contract platform. The platform aims to expand on the use cases for cryptocurrencies. Algorand hopes to achieve this by increasing transaction speeds and reducing the time transactions take to achieve finality on its platform.
The platform is seeing continuous growth and sees an average of 500,000 daily transactions. Over 500 companies are developing applications on Algorand, thanks to the advantages that the platform’s layer-1 smart contract provides and other functionalities of the platform.
Using Pure-proof-of-stake as its consensus mechanism (PPoS), Algorand can confirm transaction blocks in seconds. This provides almost instant finality to…
The Ethereum blockchain has become the go-to protocol for projects seeking to build decentralised applications (Dapps). Ethereum’s pioneering smart contract capabilities enable developers to easily build applications as layer 2 solutions thus saving them the time and costs involved in developing an entire blockchain from scratch.
Still, projects have to build the smart contracts and customise them according to their needs and product offering. This is by no means an easy feat as it requires developers to have proper understanding, technical knowhow and expertise to create well-functioning applications.
The Tokamak Network is probably the most hotly awaited layer-2 solution for the Ethereum blockchain. It is the first Turing Complete Plasma plasma platform assuring decentralization and enables developers to build applications with ease.
It will provide developers with all the resources needed to build blockchain applications, along with critical developer support. The Tokamak Network hopes to create an ecosystem that organizations can use for the development of decentralized applications.
There is a strong case for the Tokamak Network. For a long time, the blockchain space has been a very niche sector. However, blockchain technology is now seeing mainstream adoption…
During 2020, the decentralized finance market has grown exponentially. Over $12 billion have been locked into the DeFi market, with more being added on a daily basis. Companies worldwide have expressed interest in deploying blockchain-based solutions within their day-to-day operations.
Unfortunately, the sheer size and technical complexity of the market makes it difficult to analyse blockchain-related data. In response, Covalent has built a unified API meant to enhance the transparency and visibility of blockchain networks. Adoption bottlenecks are therefore removed, and smooth transitions are assured.
This article will take readers through Covalent’s market purpose, unique capabilities, user expectations, and recent…
Into Cryptocurrency, Blockchain, Publications and relations, and also a journalist