zkSync: An overview

zkSync: An overview

The world of blockchain technology continues to evolve, and one of the emerging solutions that has gained attention is zkSync. zkSync is a layer-2 scaling solution that aims to address some of the scalability and transaction cost challenges faced by blockchain networks like Ethereum. In this article, we will provide an overview of zkSync blockchain and what you need to know about it...

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GMD PROTOCOL: THE SOLUTION TO IMPERMANENT LOSS

GMD PROTOCOL: THE SOLUTION TO IMPERMANENT LOSS

GMD Protocol is a yield aggregator platform developed on @arbitrum. This unique protocol allows users & investors earn more iyield on thteir investments without being exposed to impermanent loss and other #DEFi high risk

There have been a lot of simultaneous happenings in the Arbitrum eco following the announcement of the $ARB big airdrop (congratulation to all who were eligible). In this excitement period, GMD Protocol has also been gaining amazing traction after being recognized as the number one yield aggregator by Defillama in the past days...


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Cudos Public Mainnet Upgrade: A Sneak Peek & Frequently Asked Questions

Cudos Public Mainnet Upgrade: A Sneak Peek & Frequently Asked Questions

The recent Cudos public mainnet upgrade has a ton of intriguing new features, including some feature-specific upgrades like the gravity module, Authz module, group module, and address book module, as well as some general upgrades like the implementation of the In-Store upgrades, the Cosmos SDK fix for the validator edits bug, and the introduction of the “dry-run” flag fix. 


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INTRODUCING T3RN: THE BLOCKCHAIN INTEROPRERABLE CONSENSUS

INTRODUCING T3RN: THE BLOCKCHAIN INTEROPRERABLE CONSENSUS

The ability of blockchains to communicate with one another is referred to as interoperability. Cross-chain messaging protocols, which allow blockchains to read data from and/or send data to other blockchains, are the cornerstone of blockchain interoperability. Read full article here https://medium.com/coinmonks/introducing-t3rn-the-blockchain-interoprerable-consensus-a783412bce6b

Blockchains are decentralized computer networks that maintain a digital ledger of user data and account balances. Blockchains employ decentralized consensus to reach a consensus on proposed alterations to the ledger before it is acknowledged, as opposed to depending on a centralized authority. In comparison to conventional computing environments, the outcome is a new trust-minimized computing paradigm for multi-party record-keeping and process automation that is more neutrally credible, tamper-proof, and transparent.  

Read full article here: https://medium.com/coinmonks/introducing-t3rn-the-blockchain-interoprerable-consensus-a783412bce6b

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Survive in a Crypto Bear Market 🐻

Survive in a Crypto Bear Market 🐻

How to survive the Crypto Bear market: tips and expert suggestion

It was a great achievement that Bitcoin hit an All-time-high (ATH) record of $69,000/BTC on November 10th, 2021. Most importantly, the crypto space is able to attract companies, financial institutions and countries to adopt Bitcoin. However, the Bitcoin price is under $20,000 at the time of writing. We believe that the crypto market is going through another bear market now. This article is designed to help you understand what a bear market is and provide some tips for dealing with them...

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INTRODUCING CUDOS: A VIABLE TOOL TO SOLVE BLOCKCHAIN’S ISSUE OF SCALABILITY AND INTEROPERABILITY

INTRODUCING CUDOS: A VIABLE TOOL TO SOLVE BLOCKCHAIN’S ISSUE OF SCALABILITY AND INTEROPERABILITY

The Cudos network's design keeps consensus and execution separate to provide safe, decentralized, and permission-free access to high-performance computing on a large scale. Read full article here https://docs.google.com/document/d/1bxzv4s6qle81irsBmE_r7kW9TCUwmFG6Tgd6hjG23ns/edit?usp=drivesdk

As the base network or primary blockchain network in charge of on-chain transactions, such as those involving Bitcoin, BNB Chain, or Ethereum, and their supporting infrastructure, Cudos is a Delegated Proof-of-Stake (DPoS), layer-1 blockchain with the goal of making decentralized computation accessible on-chain. Here, the blockchain's verification and consensus technique is called delegated proof of stake. It is a well-liked development of the PoS idea in which network users pick delegates to validate the following block by casting votes. To validate transactions and advance blockchain organization, DPoS competes with existing proof of work (PoW) and PoS schemes.


Byzantine Fault Tolerant (BFT) consensus model is used to power a Tendermint Core engine, which acts as the blockchain's consensus engine. It makes sure that the same sequence of transactions is captured on each system. It supports the peer-to-peer network and offers a consensus based on proof of stake (PoS). Using Proof-of-Stake consensus, validators are in charge of adding new blocks to the blockchain and protecting the network. Less than one-third of the Byzantine validators must agree for the BFT model to accept it. It is the most popular consensus engine in the sector and is regarded as the benchmark in Proof-of-Stake consensus.

The Cudos network's design keeps consensus and execution separate to provide safe, decentralized, and permission-free access to high-performance computing on a large scale.

Users building on the network get the leverage of accessing:

Superior performance for applications

Transparency of public blockchain

Management of composable assets

Benefits to chain users include:

High-level cryptography

Blockchain transparency for everyone

Interchain communication

Transactions that are carbon-neutral

Cudos Validators are nodes that confirm and verify transactions, add new blocks to the Cudos blockchain, and supply all data for dApps running on the Cudos network. Computers running the Cudos client software are referred to as "nodes." Validators take part in the consensus protocol by broadcasting votes that are encrypted and signed with a private key belonging to each validator. Users who vote for Validators receive rewards in exchange for helping to secure the network.

Need for establishing Cudos Node?

The possibility to participate in a project and larger ecosystem targeted at resolving today's blockchain scalability and interoperability problems is exceptional while running a Cudos Node.

Validator and Delegator as a tool for DAO

The Cudos system relies on validator nodes to relay transactions and to propose, verify, and finalize blocks, which is why running one is so important. The Cudos Network's security and upkeep are dependent on a community of validators to carry out specific tasks. By utilizing their "stake" to cast a vote on proposed changes to the network's governance, validators contribute to the growth and evolution of the network as well. You now have power over the Cudos Network's future course. There are unique validators for each network.

Testnet; and

Mainnet

You may successfully extract blockchain data for chain analytics or other data use cases by running either type of node. We advise running a node locally first before moving on to the Testnet if you want to join the network. The Testnet provides a learning environment where you may explore without worrying about losing actual tokens.

Validator respondents are eligible to bond their own CUDOS tokens and have additional CUDOS "delegated" or staked to them by other token holders. The whole quantity of CUDOS tokens that have been delegated determines who has the authority to validate. A candidate's voting power is determined by how many CUDOS tokens they hold. To participate in the validation process, only the top validators with the highest Voting Power are permitted. As an added incentive, validators may choose the commission percentage that will be added to the fees that go to their delegators.

Validators and their Delegators earn CUDOS as block provisions and tokens as transaction fees through execution of the consensus protocol.

However, a Validator's stake is slashed if they become unavailable or sign blocks at the same height. Their staked CUDOS (including CUDOS of users that delegated to them) can be slashed. The penalty depends on the severity of the violation. A good Cudos validator needs to aim for 99.99% uptime and <0.01% missed blocks.

N/B: To ensure maximum uptime and availability:

Validators should ensure they always run a correct version of the software.

Validators should implement a Sentry Node Architecture to protect their node from DDoS attacks

To be a validator, requires 2,000,000 CUDOS tokens. CUDOS are the Native, Utility token underpinning the Cudos Network with an ERC20 token contract address: 0x817bbdbc3e8a1204f3691d14bb44992841e3db35. The CUDOS token is a capped supply token. The circulating supply is approximately 2.8 billion and the total cap is fixed at 10 billion.

 

On the other hand, Delegators bond or stake CUDOS to validators of their choice in return for a share of Validator rewards. The bonded CUDOS form the validators’ Voting Power. The validators with the most Voting Power are then selected for rewarding verification process.

Tokens remain on the Delegator's wallets throughout and can be accessed again once un-delegated. The un-delegation process is quick and easy to perform.


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Fractionalising NFTs on IxSwap

Fractionalising NFTs on IxSwap

With the rising surge in the NFTs space, there is expected to be a great deal of widespread participation and use cases... IxSwap, coupled with so many other compelling features, promises to be the haven for fractionalization of NFTs, thus creating equal opportunities for investors from various economic classes.

Are you familiar with the context of sharing? Would you rather bear all the risk? What if the profits turn out to be so massive; would be comfortable to share? However, considering the recent trends surrounding the Crypto space; what if it were possible to minimize the risk while still making as many profits as possible? Well, here comes the role of IX Swap and their Fractionalized NFTs policy. This article is concerned with Ix Swap, its role in the fractionalization of NFTs, as well as the financial security it offers.


NFTs is an abbreviation for Non-Fungible Tokens. This portrays their inability to be interchanged or swapped for something of the similar or same worth, unlike cryptocurrencies.

Fractionalised NFTs (abbreviated as F-NFTs) can be considered a recent adoption in the NFT space. As the word implies, "fractionalization" simply means to break into parts or sections. So, Fractionalised NFTs explains the possibilities of dividing digital assets or NFTs into fractions which can be owned by various owners. Before now, fractionalization of assets (of any kind) was only common amongst other forms of assets but digital assets, like the traditional finances which included physical and visible properties like real estates, luxurious cars, non-digital artworks, aircraft, and the rest. The possibility of fractionalization reduces the cost of investment as well as the risk.

So, the major difference between NFTs and F-NFTs lies in their ownership. While NFT can only be owned by an individual or a body, F-NFTs, on the other hand, can be owned by multiple individuals or bodies.


So, why fractionalise?

Fractionalization permits more Investors for a particular project or asset. This implies that, because pricey NFTs may be exchanged in tiny amounts, fractionalization adds liquidity to a typically illiquid market. NFT holders can sell a portion of their NFT for cryptocurrency while keeping the majority. Fractional NFTs allow investors to have exposure to an asset without having to purchase the entire asset.


So, why Fractoinalise on IxSwap and How?

With the rising surge in the NFTs space, there is expected to be a great deal of widespread participation and use cases. This will increase competition and thus, a corresponding hijack in the affordability of these items, as already seen in the cases of BAYC, Crypto Punks and the rest, which sold for a whopping hundred of thousands of dollars, and even millions. Considering the facts that NFTs are literally changing lives and that many other users would as well wish to be partakers, individual affordability of these assets are only possible to a few, considered "whales". IxSwap, coupled with so many other compelling features, promises to be the haven for fractionalization of NFTs, thus creating equal opportunities for investors from various economic classes.


Fractionalization of NFTs entails the creation of fungible tokens, such as ERC-20 tokens related to underlying NFTs on the Ethereum blockchain (ERC-721 tokens). The Tokens are locked in a smart contract, which is then split into multiple fractions in the form of ERC-20 tokens by the owner. The owner then specifies the number of tokens to be produced, as well as their price, metadata, and other characteristics. Each fraction, or ERC-20 token, represents a portion of the NFT's ownership. The fractions are then sold at a given price for a specified amount of time, or until they're all gone.


So, how does fractionalization benefit the owners, and why is it necessary?

Fractionalization offers the owners the opportunity to be a part-owner of a whole and expensive NFT, thus standing a chance of making lots of profits. Other reasons for the need for fractionalization include;


More liquidity,

Democratisation, and

Price discovery.


Additionally, just like crypto projects with proof of stake, some F-NFT projects make provision for staking, which enables holders to earn a quality amount of passive income in addition to voting rights in a DAO environment.


The concept of F-NFTs is still in its budding stage, though perceptions and trends show it might grow to be the next big thing in the crypto space. With its adoption by IxSwap, users stand to enjoy great liquidity and seamless investment opportunities.


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Introduction to Crypto Ambassadorial Jobs

Introduction to Crypto Ambassadorial Jobs

Introducing Crypto Ambassadorial Jobs

So, what comes to mind when you hear of Crypto Ambassadorial jobs? I guess a lot, right? We’ve got you, anyway. This article intends to give you a better perspective and clue to what’s expected and how it’s expected.

Basically, crypto ambassadorial jobs involves promoting a crypto project across social platforms with engaging and compelling contents, articles, graphics, as well as community managements.

So, how do you meet these standards? Well, that is, if there is even a standard to be met. But before that, let’s guide you through how to secure your first crypto Ambassadorial job.

Crypto projects are often promising, especially in terms of financial incentives. So, if a certain project is ready to pay you well, you must be ready to display some level of ingenuity or commitment to be considered, and if considered, your creativity is expected to match what you’re taking home. For a typical crypto Ambassadorial job, below are a few similar questions you may likely encounter, as well as how to go about giving answers:

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Arc Finance: Mechanisms and the AUM Tools

Arc Finance: Mechanisms and the AUM Tools

The Arc Finance AUM algorithm is a new, simple, and straightforward technique that unlocks and releases locked r-Tokens using the user’s transaction activity as a benchmark. The simple principle is that the more transactions you make, the more r-Tokens you unlock. However, the platform will award extra platform tokens during the transaction process to reward users for their great behavior on the platform.

Automatic unlocking mining is abbreviated as AUM. The algorithm adjusts the speed at which r-Tokens are unlocked automatically, allowing customers to earn larger APYs for the same cost.

The project Token that a user deposits with a service provider is converted into r-Tokens at a 1:1 ratio, which must be unlocked in order to become a freely circulating Token.

The AUM algorithm is a new, simple, and straightforward technique that unlocks and releases locked r-Tokens using the user’s transaction activity as a benchmark. The simple principle is that the more transactions you make, the more r-Tokens you unlock. However, the platform will award extra platform tokens during the transaction process to reward users for their great behavior on the platform.

The AUM mechanism requires the following four technologies as technological assistance in order to expand its application possibilities.

  1. Timelock Mechanism
    A timelock is a sequence of instructions that is used to secure particular functionalities of a smart contract so that the feature can be realized over a certain timeframe. The function of transferring funds from the contract is normally locked by a timelock in the blockchain.
    After a 48-hour wait, the TimeLock smart contract executes Master Chef's set Migrator and transfer Ownership methods, ensuring the protection of users' cash.
  2. Heterogeneous Framework: A Multi-chain Network
    Many distinct tokens, such as ETH, BSC, Flow, and SOL, are currently running on public chains. Liquidity interaction between such assets on various chains is tricky. To ensure this scalability and a diverse variety of integration, there is a multi-chain hybrid framework. The heterogeneous sharding function enables application scenarios that allow multi-chain, cross-chain, and asset interaction all at the same time. The heterogeneous sharding protocol seeks to tackle the bridging issue between several chains (e.g., public chains and chains for specific applications) inside the Arc Finance ecosystem, allowing for easy cross-chain trades.
    Community verification is required for the implementation and regulation of heterogeneous sharding. Community node validation certification at Arc Finance is acquired by staking the platform token vs USDT token pair. Users submit ideas for listing, governance, and other concerns in the community node's on-chain boardrooms. All proposals will be approved by public vote in the end. The outcome of the public voting is decided by more than half of the voted tokens.
  3. Tower BFT
    The PoH-optimized variant of BFT is PBFT. BFT is a technique for dealing with malicious behaviour in distributed networks.
    By mandating a universal time source known as proof of history (PoH), Tower BFT allows the network to reach consensus. This establishes a persistent connection for all network nodes.

In Arc Finance, which features heterogeneous multi-chains, Tower BFT can determine the proper functioning and profit distribution of community nodes, as well as the efficiency of network assessment. The "community node timetable" plan must be prepared ahead of time prior to actually allocating nodes so that the ledger state used to generate the schedule can be verified.

The "community node timetable" can be scheduled in the following manner:

  • To seed a reliable pseudo-random technique, employ the PoH scale height (a monotonically growing counter) on a routine basis.
  • However, at this point, pick a leadership account at random from all staking accounts, and have them vote within the cluster’s set amount of ticks. The active set is the name given to this group of individuals.
  • Sort the active set in order of equity value.
  • To produce equity valued sorting, use random seeds to select nodes that are ranked by equity.
  • After the amount of ticks specified in the cluster, this filtering becomes effective. The community node plan offset is the name given to this period.

Because of this imbalance, any new data disclosed to the root fork will not become active until the next period, when a new community node is established and the first block that crosses the epoch boundary is generated. If the partition does not last more than one epoch, communication will not be stopped and will proceed as follows:


When voting, verifiers keep their root forks up to current at all times.The validator will modify its community node schedule each time the slot height crosses an epoch limit.

Tower BFT allows Arc Finance to use heterogeneous sharding to authenticate time sources without requiring permission and to work before achieving a consensus, dramatically improving the platform ecology’s scalability and liquidity.4. The Wormhole Protocol

The Wormhole protocol makes it easier for ETH holders to participate in the Arc Finance platform by allowing them to access the Ethereum ecosystem more efficiently and rapidly. It is a gateway that only connects Ethereum; It accepts ERC-20 and ETH tokens.

The AUM algorithm underpins Arc Finance's market operation. This strategy encourages users to actively participate in market activity while also offering a liquidity premium value to market funds that can be activated. As a result, projects with limited liquidity can trade more profitably, while those with high liquidity can trade successfully. This new structure encourages consumers to participate in active market behaviours while also providing market funds with liquidity premium value. 

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Cudo Ventures Announces a Partnership With iMD Companies

Cudo Ventures Announces a Partnership With iMD Companies

Cudo is the world’s top provider of applications for user monetization, offering a top-tier ready-made mining platform. Cudo offers a technology that is 100 percent carbon-neutral and a sustainable solution. Cudo is dedicated to creating cutting-edge software with a clear environmental conscience that enables mining cryptocurrencies simple and secure for everyone...

Earlier on, on February 8, an agreement had been made between Cudo Ventures and iMD Companies, Inc. A deal has been achieved for iMD Companies to become a Core Cudo Partner. For initiatives including Cudo’s bitcoin miner, mining, cloud computing platforms, and web3, Cudo Ventures will serve as their strategic partner and adviser. Consequently, the International Currency Business Unit (ICBU) will have several sources of income...


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Rishabh Mishra's report on Blockchain as a Measure to Curb Challenges in Telecommunication

Rishabh Mishra's report on Blockchain as a Measure to Curb Challenges in Telecommunication

Mobile service providers (MSPs) are particularly susceptible to roaming frauds, especially those that take advantage of the lengthy lag time in the data exchange process of the modern roaming management systems, which results in multi-billion dollar losses every year. For this purpose, one of the technologies developed to curb incessant roaming charges is the BlockRoam.

It is without any doubt clear by now how the introduction of blockchain has caused a disrupt to almost every sector of the world's economy, from entertainment to groceries shopping, from ensuing a new method of payment to put on check the gross irregularities plaguing a few payment systems. Blockchain has moved beyond its initial usage, which included a system of P2P payment initiated by bitcoin. However, more recently, research has also proven how the use of blockchain can be used to solve (if not all) most of the challenges facing the Communication Service Provider's (CSP) industry. According to research by Monitor Deloitte, at least 53% of the leading CSP firms have started discussing (if not implemented) the usage of blockchain to solve the problems faced by the industry. The study also highlighted how these firms expect value from this new strategy. The telecom service providers sector expects blockchain to help them through the simplification of operations, cost reductions, creation of new revenue streams, enhanced teamwork, and real-time transparency. In addition to these issues, blockchain is predicted to assist in resolving issues with complex agreements, roaming fraud, worries about digital identity, GDPR rules, and data protection. Even though the telecommunications industry has undergone significant transformation over the past 20 years, roaming, exorbitant costs, the possibility of fraud, privacy concerns, and a host of other problems continue to be problems for both providers and consumers. Fortunately, a lot of the marketing hype and false information around blockchain is starting to fade away as more practical blockchain use cases and applications appear.


Leveraging Blockchain in Telecom for Fraud Prevention

 Another Deloitte analysis claims that CSPs experience losses of up to $48 billion annually as a result of fraud. Unauthorized voice and data traffic that is intended to steal money from CSPs or their clients constitute fraud in the telecom industry. It can take months to find and is frequently the result of hacking into a clumsy subscriber verification process. Fraud in the telecommunications industry is a serious issue and can be broadly classified into two categories: Roaming fraud and Identity fraud.


Roaming Fraud

 Roaming or roaming services refers to the concept of a mobile phone being used outside the range of its native network and connecting to another available cellular network. The telecom sector has been using a traditional method for billing and settlement for roaming services for many years, which entails the exchange of Transferred Account Procedures (or TAP files) between the roaming partners. Traditional roaming settlement will likely become more difficult as new technologies like 5G enter the market because of a rise in users, partners, and traffic.

Billing and Charging Evolution (BCE) enables the new generation use cases brought on by cutting-edge technologies like 5G, in addition to streamlining complex multi-party settlement processes. This is made possible by distinguishing characteristics, including obviating the requirement for special editors to read various TAP file formats like ASN1 and the necessity of exchanging raw files inside certain timelines. The XML-formatted reports created by BCE can be easily exchanged to facilitate settlement and reconciliation operations. 

International mobile roaming has long-faced difficulties with the negotiation, management, and reconciliation of inter-operator agreements, particularly when it comes to assuring correct clearing and settlement of international transactions among a vast network of roaming partners. As 5G networks spread, roaming will no longer be restricted to network operators, creating new connections between carriers and business networks. As a result, mobile carriers will need to improve the accuracy, precision, and security of all of their international roaming transactions as well as the underlying systems that underlie them, from rating and pricing through clearing and settlement. Every day, hundreds of connected networks handle billions of mobile interactions that are controlled by dozens of buyers and sellers. Currently, telecom businesses manage settlements manually while negotiating this complex web of procedures and technologies, and in many cases, they outsource the reconciliation process.

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WEB 3.0: THE GOLDEN AGE VISION

WEB 3.0: THE GOLDEN AGE VISION

While Web1 was primarily used for the transfer of data, Web2 is mostly used for the transmission of information (it was the internet of blogs, message boards and early portals like AOL and CompuServe). INTERACTION is the focus of Web2. Users give their data to service providers such as social networking, e-commerce, and other online services.

Web3 was first used by Ethereum co-founder Gavin Wood in 2014, and cryptocurrency enthusiasts, huge technological corporations, and venture capital firms expressed interest in the concept in 2021. Web 3 is the moniker given by some engineers to the concept of a new type of internet service based on decentralized blockchains.

It might be defined as the internet that belongs to both the BUILDERS and the USERS.

Web 3 is now fashionable. In the year 2021, venture capital firms invested more than $27 billion in crypto-related initiatives, with a large portion of the money going to web3 ventures. Some major tech businesses, such as Twitter and Reddit, have begun to experiment with web 3 initiatives of their own.

So, Web3 is steadily taking over the world, and you should be aware of this.

What about Web1 and Web2 before we go into Web3? Were they ever real? YES!

In the early 1990s, the first commercial Web1 apps appeared. At the time, "the Internet" was little more than a collection of static web pages. Users could only consume information because it was a passively "read-only" Internet. Facebook and Netflix were not available back then. The technology backbone was provided by HTML.

The dot-com bubble burst in 2000, and many Internet companies went out of business. Despite this setback, the IT world's brightest minds concentrated on the advancement of breakthroughs such as JavaScript, HTML5, and CSS3. Web2 was born during this time.

While Web1 was primarily used for the transfer of data, Web2 is mostly used for the transmission of information (it was the internet of blogs, message boards and early portals like AOL and CompuServe). INTERACTION is the focus of Web2. Users give their data to service providers such as social networking, e-commerce, and other online services.

These apps' functionality is made possible by payment providers. To put it another way, Web2 users aren't simply consumers; they're also the product. Facebook is one example: unlike Web1 websites, two Facebook users can visit the same site yet see completely different material. This is because Facebook collects separate information from the two users and displays distinct feeds with different advertising content or posts tailored to their interests.

WEB 2 TO WEB 3 EVOLUTION

Web2 has fundamentally altered how we communicate and connect with one another. We use WhatsApp to make phone and video chats, shop on Amazon, stay in other people's homes through Airbnb, and pay with online banking and fintech services. Web2 has unquestionably improved our wealth and comfort, but it has also introduced new challenges:THE DIFFICULTIES

Web2 is based on a server-client architecture, which means that all web2 applications, including the whole banking and financial system, are controlled by centralized businesses.

Full Article here: https://link.medium.com/b1iRDvdPQsb 

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Introducing Assure: Your All-in-One Wallet Aggregator

Introducing Assure: Your All-in-One Wallet Aggregator

Assure is a Web3.0 value service provider for off-chain account encryption, on-chain transaction transparency, and DAO equity return that offers customers a convenient and reliable interoperability experience without the need for third-party verification.

Assure is a decentralized Web3.0 wallet aggregator. Assure prioritizes asset protection, user experience, and mining revenue, with a focus on improving product experience and community interests. Moreover, assure serves as a conduit for billions of users transitioning from Web2.0 to Web3.0. Assure is more than just a wallet; it’s a platform that allows users to create multi-functional digital wallets on Web3.0.

With the introduction of the Assure Digital Identity (DID), users have access to a one-stop shop for digital identities, data, and asset management. Users will be able to self-manage their digital assets (DeFi and NFT), participate in cross-chain exchanges, dual-end tradings, and numerous DApps, and read about crypto trends and Assure’s latest news. Furthermore, Assure users' DIDs will enable for the creation and management of multi-chain wallet addresses with an one click, and users' data privacy will be fully safeguarded thanks to encryption techniques.

Assure aspires to be a true decentralized self-custodial liquidity hub for asset storage, transaction matching, and value extension, providing users with a safe, user-friendly, and value-added encrypted financial management solution. Assure that visions serves as a bridge to Web3.0 for everyone. 

See full article: https://link.medium.com/xCUeHZaPQsb 

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Neal Stephenson’s Metaverse Initiative by Lamina1

Neal Stephenson’s Metaverse Initiative by Lamina1

The future metaverse will also be built on the principle of functioning openly, nearly without interruption from a single community or company, because creators will come from all over the world, and more brands will want to build outlets on the broader metaverse, just as they do on the internet now (although the internet is centralized by search engine providers).

A metaverse is a collection of 3D virtual worlds designed to foster social interaction. The word is frequently used in futurism and science fiction to represent a potential iteration of the Internet as a single, universal virtual environment assisted by the usage of virtual and augmented reality headgear. The term "metaverse" was coined as a combination of "meta" and "universe" in the 1992 science fiction novel Snow Crash by Neal Stephenson. Various metaverses, such as virtual world platforms like Second Life, Decentraland, have been created for public use. Some metaverse versions include virtual and physical spatial integration and virtual economies, as well as a strong desire to advance virtual reality technology. The term has been widely used as a marketing buzzword to exaggerate development progress for a variety of related technology and initiatives. Information privacy and user addiction are two issues that metaverses face, and they arise from problems in the social media and video game industries as a whole.



Snow Crash portrays Hiro Protagonist, a ninja sword hacker who travels between futuristic Los Angeles and the Metaverse, a virtual world. Almost 30 years after suggesting the concept, the iconic writer is set to initiate a Blockchain service through Lamina1's concept for a blockchain technology that fulfils Metaverse's original promise. Lamina1 is a Layer-1 blockchain technology designed for the Metaverse with Web3 principles in mind. It is outlined as a bedrock blockchain protocol comparable to the technical, economic, and philosophical origins of the Metaverse idea itself – an open and expansive virtual universe. Over the years, Neal's Snow Crash has become a point of reference in Silicon Valley, that a great deal of engineers, entrepreneurs, futurists, and technopreneurs like the Amazon boss, Jeff Bezos, regard it as a surprisingly accurate picture of today's tech scene. Stephenson's "the Metaverse"—the same type of wireless, online virtual-reality experience that Facebook, Google, Samsung, and almost every other big tech giant are now striving to commercialize—is one of the book's astounding prophetic concepts.


Before the launch of his new company, Lamina, Neal led Magic Leap for 6 years (from 2014 to 2020) as the Lead Futurist. He revealed he’ll be collaborating with Crypto entrepreneur, Peter Vessenes to bring his original idea of the metaverse to life. The startup plans to deploy a testnet and then a betanet later this year. Beyond 2022, the co-founders intend to launch an immersive environment as depicted in Snow Crash, as well as construct infrastructure and release tools to help third-party producers create Open Metaverse adventures at scale. Peter is a pioneer in the cryptocurrency sector, having founded the first VC-backed Bitcoin startup in 2011 and the Bitcoin Foundation in 2012. Peter admits that this will be an opportunity to create anything close to Neal’s vision of the Metaverse as depicted in the novel.


He also made emphasis claiming that the experience will most likely be focused on flat 2D screens instead of VR or AR technologies like headgear and glasses, as suggested by Meta and Microsoft. Tony Parisi, a Metaverse pioneer and former Unity head of AR/VR, will also be on the team as the chief strategy officer. He was also a pioneer in Web3D and virtual reality, co-creator of glTF (the open file format that powers millions of 3D objects), and author of VRML (the first standard for 3D graphics on the web). Advisor Rony Abovitz, founder of Sun and Thunder, Magic Leap, and MAKO Surgical, completes the Lamina1 leadership team.

The internet has changed over time, and the metaverse is the result of that evolution. We live in a period when humanity is undergoing a profound transformation, and our everyday lives are certain to spill over into the metaverse. In Snow Crash, Stephenson's vision of the metaverse was a hyper-capitalist dystopia, which critics of NFTs have equally criticized. Critics have questioned if most artists behind NFT collections are getting their due, pointing to the Ethereum blockchain's carbon footprint. Some metaverse NFT sellers have already made their NFTs useable in metaverse games like apparel and footwear, and more are aiming to enter the domain. A growing number of NFT fans are recognizing the potential to invest in virtual lands on such games and then sell or rent them for a profit. People who have no interest in the metaverse but see it as a financially lucrative realm could invest in the stocks of the companies developing it.


The future metaverse will also be built on the principle of functioning openly, nearly without interruption from a single community or company, because creators will come from all over the world, and more brands will want to build outlets on the broader metaverse, just as they do on the internet now (although the internet is centralized by search engine providers). 

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INTRODUCING SARCOPHAGUS

INTRODUCING SARCOPHAGUS

Sarcophagus is a dead man’s switch (DMS) — an autonomous, fully decentralized application (dApp) that is under the control of a Decentralized Autonomous Organization (DAO); Aragon, built on Ethereum and Arweave that is designed to be decrypted or encrypted if the user becomes incapacitated, such as through death, loss of consciousness, or physical removal from control.

Wallets are used to exchange and store cryptocurrency, but not the leather variety. Depending on your needs, crypto wallets can be digital and handled via an app or website, or physical and managed via a flash drive. Traditional investment accounts, such as owning real estate, stocks, and bonds, are not the same as crypto accounts. They’re more prone to security risks, and you can’t specify a beneficiary in most cases. For example, if you keep your crypto in a cold wallet (on a physical device) at home and only a few friends know your key (a sort of password that grants access to a crypto wallet), one of those “friends” could walk into your house and steal your crypto just as easily as they could steal your great-diamond grandmother’s earrings. Users with a little portfolio will find it strange and needless to set up their wallet such that their heirs acquire whatever is left after they pass away. However, a little portfolio or a reckless $100 investment may quickly grow to a considerable percentage of your overall capital. I don’t wish to be a downer, but You Only Live Once — therefore prepare a plan for your cryptocurrency in case you pass away. If you don’t share your keys with anyone, your crypto will be gone forever if you die. Like such, just as you would with any other precious asset, it is critical to learn how to properly keep your crypto and convey your preferences to your loved ones.

Sarcophagus is a dead man’s switch (DMS) — an autonomous, fully decentralized application (dApp) that is under the control of a Decentralized Autonomous Organization (DAO); Aragon, built on Ethereum and Arweave that is designed to be decrypted or encrypted if the user becomes incapacitated, such as through death, loss of consciousness, or physical removal from control.

The term sarcophagus originates from the Greek words sarx, which means “flesh”, and phagein, which means “to eat.” As a result, sarcophagus means “flesh-eating”, as in lithos sarkophagos, “flesh-eating stone.” The “corpse” inside the tomb is the payload data, which can be any file format. As long as the resurrection time has elapsed and the user has both the Arweave location and the Recipient key, this file will be available for download.

A DAO works in a way where no single entity has ultimate influence over what occurs in the community, and every community member who has a stake in the community has a vote in her governance, thanks to a smart contract backed and enforced by the blockchain. Sarcophagus uses the Aragon DAO client for governance processes, which hosts a voting app where SARCO token holders may vote on choices before they are implemented. As Sarcophagus continues to expand, no excesses are entertained, and the possibility of any malevolent acts is addressed. We presently store all of our data on the Arweave network. When compared to other forms of decentralized file storage, Arweave’s endowment-based payment system is a perfect match with sarcophagus’ aim and scope.

Data is saved or encrypted using a second layer of encryption by default when using sarcophagus. This is to guarantee that security is two-way. The data or information is initially wrapped in an inner encryption layer and sealed with the recipient’s or beneficiary’s public key within the tomb. This layer is only accessible to the recipient; not even the Embalmer or Archaeologist may access it. The outer encryption layer comes after the inner layer. Only the Archaeologist has access to this layer, which is sealed and secured by the Archeologist’s public key. This two-way encryption guarantees that the data in the tomb remains secure even if one party is compromised. This means that the data can only be retrieved if both the receiver and the Archaeologist agree, which will be impossible because only the Embalmer has the ability to resuscitate a body (data) or lift the curse. An Archaeologist’s curse is a contract with an Embalmer that locks away a portion of the Archaeologist’s posted bond. The sum of the digging fee and the bounty multiplied by the reserve requirement is the portion that is locked until re-wrapping or resurrection. The following are the best explanations for these processes:

MUMMIFICATION

This is the process of wrapping the body (data payload) — the Embalmer is in charge of this (creator). Once a body has been mummified by the Embalmer and the contract has been fulfilled, it is housed in a sarcophagus on Arweave for all eternity. Once an Embalmer has cursed an Archaeologist and all of the Archaeologist’s public minimum requirements have been surpassed, the only option for the Archaeologist to reclaim the cursed portion of their bond is to execute their tasks as stipulated in the curse contract. The Embalmer will encrypt the exterior layer of the sarcophagus with the Archaeologist’s public key in the final stage of this phase.

RE-WRAPPING PHASE

The Embalmer re-wraps the tomb by submitting a transaction through the contract with a new resurrection time when they wish to attest to their life. Only the Embalmer may re-wrap a sarcophagus. Resurrection times can be adjusted to any period in the future, and can be lowered or raised from the previous value. As long as the resurrection period hasn’t gone, the Embalmer can also boost or decrease the bounty at this moment. Digging costs for the prior time are likewise freed from the curse contract and paid to the Archaeologist at each re-wrapping. The Embalmer now has to pay the Archaeologist additional digging costs to compensate for the illiquidity of the bond that was cursed and locked on their behalf.

RESURRECTION PHASE


The Archaeologist may now decode the outer layer of the sarcophagus and get the reward if the Embalmer fails to re-wrap it. The Archaeologist (or anybody else) will not be able to decode the corpse, since the inner layer is still completely encrypted with the Recipient’s public key. The Archaeologist’s labour is finished after the outer layer has been unwrapped and the treasure claimed. (At this moment, the Archaeologist receives his or her digging fees.)

DELETING A SARCOPHAGUS

A sarcophagus can never be destroyed once it has been built; it can only be kept away for all time. Because of the nature of the Arweave network, all files reside on-chain in their original form indefinitely. Using the built-in Archaeologist incentive mechanisms is the only method to assure that a tomb is never opened. Any sarcophagi that are unwrapped before the time of the resurrection will still be recorded in the Archaeologist’s public statistics. While there is no financial penalty for reviving a “buried” sarcophagus, it will have a significant negative impact on the Archaeologist’s performance and trust indicators.

$SARCO TOKEN

The ERC20 SARCO token is the network’s principal medium of exchange, and it’s used in two ways: — by the Embalmer to curse an Archaeologist (pay for their services); — by the Archaeologist to deposit their bond. The token reflects the cost of a sarcophagus’s maintenance by an archaeologist. In terms of SARCO, the Archaeologist will declare their minimal digging fees and bounty.

Furthermore, one of the (three) key utility of the SARCO token is governance, which implies that every $SARCO holder can cast a vote using the Aragon DAO client. The point is that anybody who has a SARCO token has some power over the community and the decisions that are made there, and the more tokens a user owns, the more influence he or she has over what happens in the community.

SARCO tokens must be posted as a bond by all archaeologists. They must post an amount equal to the total of the excavating fees and bounty for each tomb, multiplied by the reserve requirement. In SARCO, the reserve need is computed by dividing the amount of malicious volume by the overall network volume. The relative price of SARCO will be affected by any changes in the fundamental value of the tokens spent throughout the Archaeologists’ activities. This foundation of value accretion in the SARCO token allows archaeologists to improve their operations not only by avoiding fines, but also by adopting innovative tactics in their SARCO treasury management and needed fee token wallet management. 

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The role of Rust, WebAssembly (Wasm) and Cosmos WebAssembly (CosmWasm) in the Cudos chain.

The role of Rust, WebAssembly (Wasm) and Cosmos WebAssembly (CosmWasm) in the Cudos chain.

Cudos is a layer-1 Delegated Proof-of-Stake (DPoS) blockchain. Consensus and execution are kept apart by the Cudos network’s architecture to offer large-scale, safe, decentralized, and permission-free access to high-performance computing. The entire blockchain ecosystem may be reached through Cudos.

In our previous article, we introduced Cudos as a VIABLE TOOL TO SOLVING BLOCKCHAIN’S ISSUE OF SCALABILITY AND INTEROPERABILITY, where we talked about: the BFT consensus and its role in powering the Tendermint Core engine, which acts as the blockchain’s consensus engine; the need for establishing Cudos node; validator and delegator as a tool to aid the operability of DAO, as well as the basics of setting up a Cudos account either by setting up a private key or public key, and many other related issues. In this article, we’ll talk in detail about the role of Rust, WebAssembly (Wasm) and Cosmos WebAssembly (CosmWasm) in the Cudos chain.


With the intention of making decentralized computation accessible on-chain, Cudos is a layer-1 Delegated Proof-of-Stake (DPoS) blockchain. Consensus and execution are kept apart by the Cudos network’s architecture to offer large-scale, safe, decentralized, and permission-free access to high-performance computing. The entire blockchain ecosystem may be reached through Cudos. The Cosmos Ecosystem uses the Cosmos Inter-Blockchain Communication (IBC) protocol to enable seamless transfer of tokens, assets, NFTs, and data to and from other blockchains.

Introducing the Rust Toolchain

Cudos Network enables the creation of smart contracts that compile to Wasm through CosmWasm, a smart contract platform developed for the Cosmos ecosystem (of which Cudos is a component). There are several tools available to get Rust developers up and going, including developer SDKs like Cudos Blast and a fully complete testnet.


Rust is the ideal programming language for most of the blockchain industry. Programming in Rust is safe, concurrent and memory conserving, and it is statically typed for performance and safety.

Similar to C++, it has syntax. It was initially a Mozilla Research open-source project. It was created in 2010 by Graydon Hoare and has since become a well-known language for building safe and quick apps. Many reputable businesses have adopted it, including Toyota, Discord, 1Password, and Dropbox.

Rust offers (among others) low costs and nearly immediate transaction finality, allowing developers to build extremely scalable Dapps. Rust shines in all of the (most common) high-performance, multi-platform situations where security cannot be an afterthought.

The Cudos Network leverages CosmWasm as a platform for creating smart contracts and the supporting chain architecture. Rust is used to create these smart contracts.

Similarly, the Rust toolchain is needed for the creation of smart contracts. By utilizing already-existing technologies like WebAssembly, Rust design principles and reduce the risks associated with smart contracts (wasm).


The WebAssembly Technology
Being stack-based, CPU and OS independent, WebAssembly is a tiny, quick, effective, and very secure virtual computer. It is intended to run portable bytecode that has been generated from code at speeds that are close to native. It can operate in any setting because it is in a sandbox. There is considerable and developing support for the WASM programming language.


The overall role of the Cosmos WebAssembly tool
The CosmWasm is a secure multi-chain smart contract engine built for the Cosmos ecosystem by a team of developers at Confio. It is the Cosmos (Cosm) way of using WebAssembly (Wasm), hence the name.CosmWasm offers its users a wealth of benefits, and supports product scalability. These benefits include improved security, decreased carbon emissions, quicker transactions, and cross-chain interoperability for the creation of decentralized applications.

Additionally, it provides greater flexibility, because you can update your smart contracts without updating the entire blockchain, which reduces major overheads. CosmWasm offers API and library capabilities including address verification and more sophisticated storage objects. These lets you create robust smart contracts. 

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Cudos chain Sustainable NFT marketplace; Myth or Reality

Cudos chain Sustainable NFT marketplace; Myth or Reality

According to impakter.com, “a typical NFT transaction is estimated to have a carbon footprint of around 48 kg of CO2, which is not ideal”. In order to place this into comparison, it is anticipated that one NFT transaction would have an environmental impact 14 times greater than that of creating and delivering an art print.

Have you ever wondered if there is actually a thing as a sustainable NFT market? Is it even obtainable that the NFT marketplace can ever be sustainable?


Read full article on our Medium page. Click here 

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FRACTAL; A VIABLE TOOL TO CURB THE MENACE OF "FREE" INTERNET

FRACTAL; A VIABLE TOOL TO CURB THE MENACE OF "FREE" INTERNET

Decentralized identity solutions, on the other hand, open up a new perspective by giving users and service providers more control over their identities and personal data. This article tends to address the 3 most predominant challenges of the "free internet" and the role of Fractal in curbing (or possibly eradicating) them.

Internet browsing has never been free. Every time you visit a website, an auction for your data takes place — location, demographics, age, gender, frequently visited sites, everything you do on the internet — in exchange for "free" usage of their products, like free emailing services and social media platforms. Thee companies utilize that information to improve your experience on those platforms, as well as to target you with ads, which pays the bills and more. This article tends to address the 3 most predominant challenges of the "free internet" and the role of Fractal in curbing (or possibly eradicating) them.


Let's assume there exists a web that pays you to use its services, rather than ones that require payment. A web in which you may enjoy and control the information you want to broadcast and receive. Fractal is a zero-margin open source protocol that provides an exceptional version of the free internet by establishing a basic standard for transferring user information in a fair and open manner. 

It enables users to create and manage their own digital identities without having to rely on a single service provider. Fractal intends to solve the free internet’s three (3) most predominant problems, which includes; the fact that a larger percentage (about 60%)  of the Market is controlled by a form of duopoly (Facebook and google), ⅓rd of Ad-Tech costs are unattributed, and about 28% Web traffic is generated by bots.


The sheer scale of social networks and Google is mind-boggling. Today, the Internet has over 4.4 billion users globally. With around 2.7 billion monthly active users, Facebook has roughly 72 percent of the market share of all social networks worldwide. It also owns Instagram, which has about 1.1 billion members, as well as WhatsApp and Messenger. Google, the world's most popular search engine, controls around 92 percent of all search engines and is utilized by over 4 billion people, as well as YouTube (both owned by Alphabet), has 2.3 billion subscribers. This unimaginable dominance and market control is why we refer to Google and Facebook as the Duopoly of internet.

The dilemma is that most customers are unaware of the scope of data collected on them, as well as how that data is utilized, where it goes, and whether it is safeguarded. This information is occasionally hijacked or used for reasons other than advertising. According to the Washington Post, Google's Chrome is essentially a monitoring tool for both Google and other outside data corporations. Giving out this information is considered inefficient in a sense that we tend to also unconsciously give out crucial, sensitive, personal details than necessary; like scanning our passports to show we are of legal age, in which case we also submit our date of birth, personal address and legal names, same as submitting utility bills and bank statements just to meet some certain eligibility criteria.


Furthermore, the majority of website visitors are bots—or computers designed to do automated tasks—rather than humans. They are the internet's worker bees as well as henchman. Some bots assist you in refreshing your Facebook feed or determining how to rank Google search results; others pose as people and launch deadly DDoS assaults. Publishers and marketers are grappling with how to combat the surge of bot traffic, commonly known as non-human traffic.


Bots that land on a website and click on various aspects of the page might create fraudulent ad clicks, which is referred to as click fraud. While this may appear to increase ad income at first, internet ad networks are quite effective at detecting bot clicks. They will take action if they think a website is engaging in click fraud, generally by banning the site and its owner from their network. As a result, website owners that host advertisements must be always vigilant against bot click fraud.


Inventory hoarding bots may target sites with little inventory. As the name implies, these bots visit e-commerce sites and load their shopping carts with items that are therefore unavailable for purchase by actual customers. This can also result in excessive inventory replenishment from a supplier or manufacturer. The inventory hoarding bots never buy anything; their sole purpose is to disrupt inventory availability.


To overcome these issues, Fractal utilizes two interrelated strategies:⦁     In Web3 (multichain DID), providing crucial infrastructure for identity management.⦁     Shifting businesses like AdTech from surveillance capitalism to transparency democracies, with better data markets based on sovereignty and permission.

 
This would allow our users to do things like:⦁     Keep control of their data;⦁     Selectively reveal verifiable information to selected third parties (for example, to get personalized adverts and promotions);⦁     For reasonable remuneration, they exchange their data with third parties (e.g. data aggregators, AdTech businesses).


To effectively contend with the AdTech businesses, considerable advancements in identity management are required to enable for the privacy-preserving matching of user attributes with advertising aims while respecting user liberty. For crucial metrics including performance monitoring, conversion tracking, attribution, and frequency capping, AdTech relies on end-user uniqueness.


Furthermore, bots, rather than human end users, already see more than 99 percent of internet adverts. Identity verification procedures are necessary to determine either uniqueness or human life.
By issuing validated credentials, Fractal ID provides for privacy-preserving compliance. When setting up their Fractal Wallet, users just have to upload their underlying personal information once. Fractal then verifies the information, encrypts it, and stores it safely. Whenever a user has to prove something about themselves, they may provide Fractal-issued credentials rather than the underlying data.

A user who wants to participate in an IDO might produce a credential showing their residency in a jurisdiction that supports IDO participation without ever giving additional fine-grained information like their address. This is referred to as selective disclosure in the industry. Web3 may benefit from identity management systems that ensure all parties engaged in a transaction, as well as all DAO events and airdrops, are unique and confirmed.


Digital identifiers (Digital IDs) are references to qualities in an individual's identification (e.g., a passport's passport number, an ID's age) that confirm an individual's identity and validate their eligibility to access services or information. Large organizations often control these digital IDs, which contain a variety of personal information such as an individual's age, gender, or address, and manage and analyze this data for marketing and advertising reasons.
How does a decentralized identity work?


You may generate your own DID or have one created for you by a DID provider like Fractal. Then you ask issuers (such as the government, a school, or a bank) to furnish claims against it for verification. DIDs, unlike standard digital IDs, are not kept in vendor or organization databases, making them less vulnerable to data breaches or theft. These DIDs may be used for a variety of purposes, including providing trustworthy and private client KYC, e-Voting, tax payments, and event check-ins, among others. For data owners and ID users, Fractal ID technology provides transparency and returns authority to users by letting them to establish IDs and store credentials within their own wallets, with the ability to choose who those credentials are shared with.


To illustrate the working technique of a DID, consider the following example. Imagine you're taking a study loan as a student. The financial institution must demand for all your necessary documents showing your eligibility and payback strategy. This information must then be verified by the financial institution before accepting your offer. If you have a DID, your wallet will produce one-of-a-kind identifiers for your credentials for which you have a private key. These IDs' public keys are then broadcast to a distributed ledger. You may offer these verified decentralized IDs of your credentials to the financial institution, which you can revoke and delete their access to at any moment. It's also worth noting that you may give the financial service provider access to particular areas of your data. For example, you may use a DID to share your financial earning information with the financial institution without having to provide them all of your contract data.


DIDs are multidimensional and are changing the way we think about privacy. According to reports, more than 4,000 data breaches would have been publicly exposed by the end of 2021, exposing 22 billion sensitive details. Because user identification data is stored in a single system, it is very vulnerable to cyberattacks and breach of privacy. Decentralized identity solutions, on the other hand, open up a new perspective by giving users and service providers more control over their identities and personal data. Decentralized identity has as one of its main goals the creation of protocols that will enable internet users to decide which apps and services gain access to specified categories of personally identifiable information (PII).

Furthermore, granting access to several third parties or service providers from various applications makes it more difficult for consumers to maintain their personal data and withdraw access to it. To solve these problems, users must own and govern their digital identities, preferably from a single source.

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INTRODUCING ARC FINANCE: THE LaaS INFRASTRUCTURE BASED ON AUM ALGORITHM

INTRODUCING ARC FINANCE: THE LaaS INFRASTRUCTURE BASED ON AUM ALGORITHM

Arc Finance's market operation is based on the AUM algorithm. This method encourages users to engage in active market activity while also providing liquidity premium value to market funds that can be activated. As a result, projects with low liquidity can trade more profitably, while high liquidity projects can continue to trade successfully. This new system encourages consumers to engage in active market behaviors while also providing liquidity premium value to market funds.

DeFi1.0 is currently wreaking havoc on the standard DEX and other DeFi tokenomics ecosystems. Arc Finance based on DeFi2.0 and is built on the Automatic Unlocking Mining (AUM) algorithm and uses liquidity premium trading to allow projects with low liquidity to make bigger transaction profits while projects with strong liquidity keep their profits. Arc Finance uses the AUM algorithm to execute liquidity premium trading, allowing projects with low liquidity to profit more from trades. The liquidity value has aided the growth of the DeFi economy from the YFI to the DEX based on the AMM algorithm. Liquidity creates the Matthew effect while also providing a robust income-yielding pool for money. The money are allocated to popular LP pools first, followed by high-yielding project pools. The latter will almost certainly create a predatory effect among early-stage funds, allowing whales to reap the early benefits; This is the liquidity value-based market flaw induced by DEX


In the crypto industry, Arc Finance is dedicated to redefining the DeFi 1.0 paradigm. It adds a layer of new economic infrastructure to the ecosystem, allowing it to raise the liquidity value of funds, produce liquidity premiums, and capture the value of these premiums. Even if projects use GameFi or other NFT approaches to diversify revenue streams, this market flaw persists. The root of the problem is the way the funds are spent. The majority of them simply offer income or capital flow incentives based on traditional market liquidity. Platform ecology in DeFi2.0 should be built around the active provision of fund liquidity, such as Arc Finance’s liquidity premium service. It encourages consumers to engage in active market behaviours in order to supply premium liquidity to market funds. Arc Finance projects are less reliant on whales, but they can attract a large number of regular investors who will actively participate in the transaction and the project’s ecosystem creation.

The Arc Finance Mechanism


The AUM algorithm is a new, simple, and straightforward technique that unlocks and releases locked r-Tokens using the user’s transaction activity as a benchmark. The project Token deposited by a user into a third party is converted into r-Token at a 1:1 ratio, which must be unlocked in order to become a freely circulating Token. Meanwhile, the platform will reward users with additional platform tokens for their great behaviour on the site. The basic rule is that the more transactions you make, the more r-Tokens you unlock. The algorithm adjusts the speed at which r-Tokens are unlocked automatically, allowing customers to earn larger APYs for the same cost. These algorithms are based on the following four technologies:

Timelock Mechanism
Heterogenous Framework
The Wormhole Protocol
Tower BFT
The ARC platform has benefited greatly from the crypto community's resources and wealth, as well as an increasing capital commitment from institutions. While ushering in the DeFi 2.0 era, we want to make sure that the adoption of Arc Finance properly addresses the problems that the DEX platform is now experiencing.

Arc Finance's market operation is based on the AUM algorithm. This method encourages users to engage in active market activity while also providing liquidity premium value to market funds that can be activated. As a result, projects with low liquidity can trade more profitably, while high liquidity projects can continue to trade successfully. This new system encourages consumers to engage in active market behaviours while also providing liquidity premium value to market funds. Contact us:

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THE SECURITY OF THE ASSURE ECOSYSTEM

THE SECURITY OF THE ASSURE ECOSYSTEM

A decentralized wallet’s first objective is security. Assure uses a multi-signature threshold technology to ensure protocol contract authorization as well as to necessitate administrator permission to update and configure. As a result of this, transferring assets requires multiple private key signature authorizations. When constructing multi-signatures, users can change the rules (M-of-N). M is the minimum number of participants required for the signature to take effect, and N is the total number of participants. The multisignature threshold technique used by Assure has the following features:

  • Assure limited the data in the wallet contract as a mechanism. To be more exact, the flow of cross-chain data transmission of the wallet is limited on a daily basis. It is meant to provide data security to the highest degree possible at the mechanism level, thus data locked in the whole DWallet protocol has a finite quantity, limiting the chance of hacker assaults.
  • In terms of technology, Assure uses multisig to verify each data flow while also ensuring the cross-chain data transaction experience. Assure substantially increases the security of digital wallets in this way.
  • Assure supports many validator signatures for consensus. It’s a form of risk management, because the only way to avoid one manager’s wrongdoing is to hire several. At the same time, Assure picks the primary validator for each transaction using the DRAND consensus random technique, and the main validator gathers signatures from other validators. The efficiency of validation has been enhanced. In addition, the signatures gathered by the primary validator will be revalidated by resigning for security reasons. As a result, Assure can help to lower the risk of fraud from the main validator.

Continue reading full article on Medium: https://link.medium.com/jPuxwl8OQsb 

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Introducing Cudo Compute

Introducing Cudo Compute

Cudo Compute encourages the creation of a circular economy in the IT sector and lowers energy waste in the cloud computing market by enabling the efficient and decentralized crowdsourcing of computing resources. It’s time to take big measures toward sustainability as worries about the climate issue continue to increase — and this is just what Cudo Compute is offering.

Cudos is a Layer 1 blockchain and Layer 2 community-governed compute network made to provide decentralized, permission-free access to high-performance computing at scale. To access a worldwide pool of processing power, Cudos links blockchain service providers and developers. With access to a global network and up to 10 times more cost-effective computing, you can power your next Metaverse, Dynamic NFT, AI, machine learning, DeFi, or other computationally intensive dApps and smart contracts. All users will be able to profit from the network’s expansion thanks to Cudos, which is powering the metaverse and bringing together DeFi, NFTs, and gaming experiences. Cudos is an open, interoperable platform launchpad that will provide developers the tools they need to build fully immersive, gamified digital environments with 1000x greater processing demands. The native utility token of Cudos, CUDOS, is the network’s lifeblood and provides holders and stakers with an alluring yearly dividend as well as liquidity.


Almost infinite computational capability is offered by the decentralized cloud computing platform Cudo Compute. By 2030, there will likely be a five-fold increase in the demand for cloud computing, and the metaverse will probably use 1000x more processing power than is now feasible. When you leave your hardware on, Cudo Compute gives you the possibility to make passive cash from it. As a result, you have the opportunity to join the network of 1,000 dispersed cloud nodes that will help to meet the demand for computing that is only going to grow. By 2025, there will be 75.44 billion connected devices, and the metaverse and NFT industries are poised for explosive growth. In order to meet these needs, real-time processing would be necessary, and customers now have the chance to participate in this supply chain.


Globally, there are alarming indications of the worsening climate disaster almost every day. It might be difficult to recognize what measures we can take to assist prevent this impending tragedy when faced with the pervasive signs of a broken world. This is a particular problem for individuals who believe in the promise of the IT sector, whose contribution to environmental destruction is, regrettably, becoming more and more well-known. With on-demand access to decentralized cloud computing resources, Cudo Compute is positioned to enable NFTs, AI, metaverse, big data rendering, Play to Earn (P2E) games, and more.


In this article, we will take a close look at how Cudo Compute stands to revolutionalise the cloud computing atmosphere as a sustainable tool, and how you can join this revolutionary decentralised ecosystem as an individual and earn revenues from your spare compute capacity?

Decentralised cloud computing as a solution to e-waste

The ability to facilitate peer-to-peer transactions at scale without the need for a centralized authority is at the heart of the blockchain technology’s promise. This invention has amazing potential effects. Indeed, they are already having an impact on a variety of businesses, impacting both the sports and finance industries as well as the arts and culture.


Cudo Compute seeks to expand the blockchain’s disruptive effects to the cloud computing business while also contributing to the battle against e-waste. We can enable even the tiniest devices, from phones to game consoles and PCs, to be fully utilized by connecting individuals in need of processing power with those who have extra capacity through the Cudos network.


More than ever before, the modern data-driven economy depends on data centers. Data is now centralized and handled by cloud giants like AWS, Microsoft Azure, and Google Cloud, creating an unhealthily monopolistic situation that raises security issues and the possibility of widespread outages. The data centers on which these services rely have a significant and rising environmental cost. It is vital to reevaluate data center infrastructure and its role in the climate catastrophe in light of the dire environmental situation facing our world. A 2016 study on research gate (https://www.researchgate.net/publication/320225452_Total_Consumer_Power_Consumption_Forecast) cites that; by 2025, it is anticipated that data center emissions would account for 3.2% of all CO2 emissions. By 2040, that number is anticipated to double in parallel with rising internet adoption rates throughout the world. Servers may use up to 26% of the energy in a data center, however specific amounts may vary based on a number of factors, as shown below. To support its market-leading AWS operations, Amazon also aims to construct a number of new hyper-scale data centers across the world. Cudo Compute will shift the balance away from just discarding and replacing gadgets that are nearing the end of their lives by enabling consumers to lease the computing capacity of their unused devices and earn passive revenue in the process. It also has other environmental advantages, though.


These data centers are very wasteful, yet they enable organizations like Amazon and Microsoft retain their monopoly on the cloud computing business by offering economies of scale. It is hard to precisely map available computing power to demand because of various constraints of employing a centralized system for requesting and assigning computer resources, such as quick scaling at times of surge demand. The end effect is wasteful energy use and needless carbon emissions.

Cudo Compute encourages the creation of a circular economy in the IT sector and lowers energy waste in the cloud computing market by enabling the efficient and decentralized crowdsourcing of computing resources. It’s time to take big measures toward sustainability as worries about the climate issue continue to increase — and this is just what Cudo Compute is offering.

Achieving sustainability via spare-capacity recycling (SCR)

Cudo compute’s original strategy, which incorporates blockchain technology to build a sizable distributed computing network, is cutting edge. Server recycling has generally been seen as the next significant step towards a more sustainable compute/storage environment. This model’s blockchain implementation ensures openness, transparency, and adherence to environmental goals. Additionally, as servers will be placed close to end users, the integration of edge computing architecture will make it possible to provide a low-latency and highly scalable compute solution for both corporate and individual use.


Optimizing utilization, recycling, and accountability are necessary for effective lifetime management. We anticipate the potential for a 20% increase in server utilisation, based on the statistics for present underutilization. One-sixth of the servers that were purchased would no longer be necessary if utilization rates were even close to that level, which would reduce energy use throughout the manufacturing and shipping procedures.

The future

For everyone, Cudo Compute is a more equitable cloud computing platform. By using underutilized processing power on vacant data center hardware internationally, it offers access to dispersed resources. The world’s first democratized cloud platform enables customers to deploy virtual machines by locating the finest resources in the best locations for the lowest cost. Cudos’ interoperability allows it to interface with all other significant Layer 1 chains, bringing cloud and blockchain technologies closer together. Imagine Filecoin for the full computing stack, allowing developers to access resources both on and off-chain regardless of the network where they were first launched.


Cudo Compute enables organizations and people to monetize underutilized resources with the goal of democratizing the public cloud by creating a more sustainable economic, environmental, and societal computing paradigm. Cudo Compute will ultimately integrate with its sibling firm Cudos to act as the infrastructure’s backbone for Web3. Transactions on the Layer 1 blockchain are inexpensive and quick.


Without being constrained by centralized cloud infrastructures, the Cudo Compute ecosystem will enable organizations and developers to install, run, and grow in response to demand. As a result, by making it easier for clients to access a larger pool of high-powered computing and distributed resources at the edge, we deliver significant availability, proximity, and cost benefits for them.

How can you help to support this sustainable compute network?

Cudo Compute has prioritized user experience enhancement, new capability addition, and improvement based on internal and external input since its official introduction in October 2022. There are thousands of nodes in the Cudo Compute network, located across 150 different nations. The shortest distance between the processing power and the data is provided by this architecture, which also has the lowest latency. Additionally, there are more than 50,000 active devices on the network at once. As a result, we are able to offer almost infinite compute capacity for a small fraction of what centralized hyper-scale suppliers charge.


The Cudos network, and Cudo Compute in particular, require teamwork to become a reality, just like any decentralized solution. Why not assist our testing process if you want to make a difference? You may assist us in testing your hardware compatibility and ensuring the Cudo Compute project launches as smoothly as possible while earning free computational resources in exchange for your assistance.


On the other hand, Cudo Compute allows users to view all of the data about your VM and dive down into virtual machine (VM) metrics for CPU, RAM, Storage, and Network. Additionally, you may do routine maintenance procedures like starting, stopping, rebooting, and accessing your virtual machine on a responsive web portal.Users can also deploy new VMs whenever they want. To locate just the correct workload for your use case, you may filter parameters like location, hardware specifications, and cost using our user-friendly marketplace. Once you’ve decided on a vendor, you’ll be given a simple deployment wizard to swiftly install as many virtual machines as you need using a variety of operating system images. 

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Paribus Chain as a Tool to Revolutionise Non-fungible Tokens

Paribus Chain as a Tool to Revolutionise Non-fungible Tokens

Paribus is a Cardano-based lending and borrowing platform, supports both traditional and novel crypto assets. At Paribus, the underlying modus operandi is based on the idea that “If it can be sold, there is a market value.

Lending is the main catalyst mechanism for empowering NFT owners since it enables them to access liquidity and capital by simply locking up their assets as security. NFT borrowing and lending as a standard service is, however, a difficult but obvious concept in DeFi. There are undoubtedly further uses, including derivative-style items and the OTC rental of a resource to another user for a specific amount of time. With liquidity situations, there are also chances to borrow and lend. Users would essentially be given the chance to create income while receiving benefits from liquidity providers.

These more recent but rapidly developing uses are the space’s forward-moving drivers. Paribus’s mission is to give people a decentralized avenue where they may quickly and freely take part in this financial revolution. As of now, lending platforms and DEXes have taken the lead, with exotics following slowly. However, Paribus is expanding on what has already been established and moving forward iteratively in response to vast available possibilities and in anticipation of demand.

In order for holders of non-fungible tokens, liquidity positions, and synthetic assets to properly benefit from their value, DeFi apps are necessary.In order to enable its users to access liquidity and engage with the markets without having to sell assets, Paribus, a Cardano-based lending and borrowing platform, supports both traditional and novel crypto assets.

At Paribus, the underlying modus operandi is based on the idea that “If it can be sold, there is a market value. If it has value, it can be modeled”.Due to the nature of Cardano and its capacity to integrate with current blockchains, Paribus will by default make use of and expand this capacity to free up liquidity across chains for a variety of assets.

NFTs, virtual lands, synthetics, as well as more conventional assets like ADA, ETH, and DOT, are some of the assets that Paribus will handle. Cardano will enable the Paribus protocol to connect countless assets across several blockchains while remaining chain agnostic. Cardano’s interoperability eliminates barriers and permits unrestricted value transfer.

The PBX Token
There has been a lot of interest in how these protocols might address issues related to business models since the decentralized autonomous organizations (DAOs) were first introduced in 2016. It might be challenging to establish an organization or business strategy that permits a decentralized structure of authority. Decentralization and teamwork are powerful forces, in our opinion.

Proposals can be made and voted on by PBX owners with the aim of enhancing the protocol. By establishing this feedback loop, the protocol and its stakeholders’ connection will improve and good adjustments will be encouraged. The fee sharing function of the PBX token is one of its additional features. A portion of the fees collected will go to the holders. Those who have more tokens will receive a larger share of this. Stakeholders gain from holding while being rewarded for doing so, which encourages further holding.

Lenders
Any DeFi platform’s fundamental component is the lender. These individuals are often what are referred to as “HODLers” in the bitcoin world. They do not intend to liquidate their cryptocurrency holdings entirely. This user group will have another way to generate passive income through Paribus as their underlying assets increase in value over time.

The ecosystem’s liquidity is provided by lenders, who are compensated with interest for their services. The platform will offer a Deposit APR(%) depending on variables like usage rate. The Deposit APR(%) for a certain asset can be used by lenders to roughly predict their earnings.


To keep the system self-sufficient and sustainable, liquidations are in place. Liquidations may be carried out by computers, other dApps, or people using the liquidate function on the “Liquidation Manager” contract when a user’s borrowing balance surpasses their entire collateral value as a result of decreasing asset prices and/or rising asset prices for borrowed assets. By using this function, the assets of the invoking party will be exchanged for the borrower’s collateral at a price that is less expensive than the market rate.

Borrowers
Paribus will only function as a platform for secured loans. implying that in order to borrow against an asset, a borrower must first deposit the asset. As a result, in order to ensure that the platform is sustainable and self-sufficient, borrowers also serve as indirect liquidity providers. Every borrower is required to pay both the interest that has accumulated over the loan’s term and a tiny, upfront set platform charge.


Borrow fees apply to each and every borrow. Currently, this has a hardcoded value of 0.2%. The charge will be applied to the overall amount borrowed and shown on the user’s dashboard as appropriate. These charges will accrue and be put toward protocol reserves. This charge is meant to act as a “safeguard” against mistreatment of short-term borrowers. The DAO Governance mechanism will allow for changes to the charge schedule.


Risk
Considering the characteristics of the interest rate model and its capacity to dynamically modify itself in response to market circumstances. Understanding the above model is essential for both borrowers and lenders to prevent exorbitant interest rates and/or liquidations.


Purchasing Paribus and Investing
Since its formal launch in the month of August 2021, the Paribus chain has established itself as one of the most talked-about currencies in the cryptocurrency market. In light of this, it is sensible to state that PBX is a fantastic investment option with outstanding promise and interest. Paribus (PBX) is available for purchase on cryptocurrency exchanges including KuCoin. These niche markets, which function like stock trading platforms, let you purchase and sell bitcoins.


Through the Paribus website at paribus.io, a user or HODLer may stake Paribus. Developers have worked really hard to make it as simple and open as possible, and it is incredibly user-friendly. Currently, Paribus provides staking in their pools for silver and gold. Users can invest between 500,000 and 3,000,000 PBX in the silver pool Argenti, which is locked for 180 days in exchange for a payout level at at least 25% APY.


Other Use Cases of the Paribus chain
Paribus is a cross-chain borrowing and lending protocol for NFTs, liquidity positions, and Conversely. Due to its many applications, it is more valuable and an attractive investment. The following usabilities show certain use cases:

The Capital One Store
The Capital One Shopping features now include Paribus, a free tool that rapidly looks for discounts, lower pricing, and incentives. Your favorite Price Protection features are used to connect your Paribus account with a Capital One Shopping account.

Delivery tracking using Amazon
Paribus is now keeping track of the delivery of your Amazon online orders, and in the event that a delivery is delayed, it will ask Amazon for compensation on your behalf. The fact that you keep all of the is the finest part. They provide this service for no cost to you.


Conclusion
NFTs have a rising asymmetrical market base and are deserving of a place at the DeFi table. Holders of these new and verifiable assets will be able to generate revenue through the loan and leasing markets. According to Paribus, the NFT markets will eventually reach fair market value and attain the same level of liquidity as the majority of tradeable cryptocurrencies. Owners of a certain cryptocurrency asset will be able to use their tokens to feed the Paribus network and earn interest, unlike NFTs. This is passive, almost risk-free, and rewarded with the associated denominated token. Where there is intrinsic value, this value may be leveraged so that users can keep the upside potential of a specific asset while earning more money through the loan marketplace offered by Paribus. There is no need for the user to actively manage this because it is trustless. Cardano’s speed and pricing structure provide clear efficiencies for any organization, dApp, or token owner. 

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Arc Finance’s Liquidity Premium Pooling Protocol: A viable tool for Liquidity Management

Arc Finance’s Liquidity Premium Pooling Protocol: A viable tool for Liquidity Management

Arc Finance's AUM is a mining algorithm, not a market-making process. It’s an algorithm that instantly modifies the speed at which mining output is unlocked so that customers can earn higher APYs for the same amount of money

DeFi 1.0 employed AMM and liquidity mining strategies in the early days to recruit customers and gain liquidity in order to lay the groundwork for service delivery. LP providers were rewarded with project tokens during this procedure. Around the summer of 2021, the meteoric growth of DeFi was triggered by AMM and liquidity mining. The merger provided a framework for DeFi to deliver services such as DEX trading, loans, derivatives counterparties, and so on, in an industry where liquidity is critical.

However, such straightforward liquidity mining is complicated.

“The issue of opportunistic dumping not only harms investors, but it also jeopardizes the project’s future.”


Liquidity Premium Pool Protocol Liquidity Premium Mining Pool Service Protocol (LPP) is a key ecological area of Arc Finance. It enables consumers to make money quickly during the transaction procedure. The more transactions users participate in, the higher the premium income they will receive, and the more income will be deposited in the mining pool, forming a decent financial cycle and increasing the value of liquidity. Not a basic, particular mining pool, but a comprehensive economic and ecological idea.LPP has three sections:

  1. single token LP mining pool protocol;
  2. LP pair mining pool protocol; and
  3. Re-minting LP mining pool protocol, according to Arc Finance.
  • Single Token LP Mining Pool Protocol

Users can earn a triple return by using project tokens and ARC LP tokens, which work as liquidity vouchers: the unlocking revenue from the token premium, the extra network token incentive, and the tax refund on transaction fees.“AUM is a mining algorithm, not a market-making process. It’s an algorithm that instantly modifies the speed at which mining output is unlocked so that customers can earn higher APYs for the same amount of money.” The unlocking speed is proportional to the quantity of lock LP tokens, as calculated by the following formula:

Unlocking speed = (k) * (the amount of locked LP).
Where; k = Amount of r-Tokens unlocked per block time (0.00000029

The unlocking speed is adjusted using the AUM algorithm. The pace with which your r-Token is unlocked is affected by both transaction rate and staking amount. Users are attracted to trade and stake because of the AUM incentive, which is reinforced by liquidity mining, maximizing the value of liquidity.


  • Combined LP Mining Pool Protocol

In addition to transaction rebates and repurchase and burn, Arc Finance provides a number of tools to encourage participants to engage in liquidity premium mining and leverage the value of liquidity. To make the incentive long-term and viable, it also uses a pair of LP mining pool protocol and a cycling mining pool, where part of the platform’s charges are used to buyback Arc and reintroduce it into the pool.

  1. Users can choose between Arc Finance’s project tokens A and B.
  2. Through smart contracts, Arc Finance creates related A-B staking automatically.
  3. The newly produced A-B staking ratio is immediately assigned to users.
  4. When users stake the tokens, they might get a greater APY matching to the combined LP mining pool procedures.

Participants must first lock a particular amount of tokens and obtain r-Token lock-in vouchers in order to engage in Arc Finance’s liquidity mining.

Two profits are created by staking dual tokens (staking proof):

  1. Premium earnings.
  2. Staking earnings.
    Unlocking speed = (k) * (Amount of locked ARC).
    Where; k = r-token (0.00000029)
  • Real-time Swap Mining Pool Protocol

Profits from unlocking are earned via LP swaps (swap volume proof), and regular swaps accrue trade volume proofs, allowing profit release to be accelerated. Conversely, users will take action to trade as a result of these many incentives, bringing much-needed liquidity to projects with asset pools on Arc Finance. Simultaneously, Arc Finance's LAAS will assist programs in managing their basic market value, allowing them to concentrate on ecological sustainability. 

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The Exaflop Super-computing Scale of Cudos

The Exaflop Super-computing Scale of Cudos

A supercomputer that can do at least 10 to the power of 18, or one quintillion, floating point operations per second, is said to have an exaflop. This term is used to describe how well supercomputers and other high-performance computing systems function

In order to provide quicker innovation, adaptable resources, and scale economies, cloud computing is the distribution of computer services over the Internet (“the cloud”), including servers, storage, databases, networking, software, analytics, and intelligence. With its emergence, big firms can access anything from programs to storage from a cloud service provider, renting access to them rather than owning their own computing equipment or data centers....

Read full article here

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PUT YOUR BITCOIN TO WORK : DEFI ON BITCOIN.

PUT YOUR BITCOIN TO WORK : DEFI ON BITCOIN.

RootStock is a Bitcoin sidechain that enables solidity smart contracts to be deployed within the BTC ecosystem. For many of the Bitcoiners that wish to see a fully fledged financial system built on the technology and ideology of this powerful asset, Bitcoin, is a possibility. Finally, Defi is possible on Bitcoin.

The Bitcoin Protocol laid the foundation for a new era of peer-to-peer financial services in 2009. This brought a big revolution to the world value system. Its inception was the key for the whole cryptocurrency industry which the blockchain, decentralized finance is part of. But it doesn't end there.

Every strong financial system requires several additional crucial services, including funding, trading, borrowing, lending, and derivatives.

Apart from this global breakthrough, Bitcoin also paved the way for the inception of Ethereum which today laid the foundation for different DApp usage ranging from Gaming and a more robust financial, security and real-world utility system built on the blockchain.

Bitcoin, with its simple and limited language "Script" was just not suitable for these kinds of applications. Script’s limitations were one of the most important factors that contributed to the creation of Ethereum by Vitalik Buterin.

Should Bitcoin be classified as DeFi or not? Its inception was a breakthrough in the world of finance and Technology. With the inception of the ERC20 standards and Solidity, it gave birth to a go-to smart contract platform to build on Ethereum.

The birth of RSK

RootStock is a Bitcoin sidechain that enables solidity smart contracts to be deployed within the BTC ecosystem. For many of the Bitcoiners that wish to see a fully fledged financial system built on the technology and ideology of this powerful asset, Bitcoin, is a possibility. Finally, Defi is possible on Bitcoin.


RSK was first announced at the Latin American Bitcoin Conference in Mexico City in December 2015. Its main net was launched in January 2018. Rootstock Network brought a new revolution to Bitcoin.


Why Decentralised Finance (DeFi) MatterDecentralised Finance is the most popular developing use case for blockchain technology and decentralised network. it is the simplest set of peer-to-peer financial services that'll require no central authority to facilitate them. They could include savings, lending, borrowing and trading. A DeFi protocol built on Bitcoin is a massive boost to the mother of Blockchain technology.


Introducing Sovryn ProtocolSovryn is a DeFi launchpad with an ironically unique foundation. It is only one of the handful of DeFi protocols that are based on bitcoin chain technology rather than Ethereum or other more recently created networks. Sovryn protocol is built with RSK. It was launched in 2020 after it successfully raised 2.1 million dollars with Eden Yago as the founder, and headquarters in Gibraltar.


Sovryn is the first project to leverage the smart contracting capabilities of RSK and offers the first DeFi protocol on the bitcoin network. RBTC is used to pay transaction fees needed, although the platform has a native token called "sov".

New to RSK learn how to interact with DApps on RSK here .https://bitcode.substack.com/p/how-to-use-apps-on-bitcoinSovryn is a permissionless and non-custodial Decentralised Finance (DeFi) protocol developed on a bitcoin layer 2 called RootStock (RSK) smart contract powered by merge-mining. Sovryn works under "Bitocracy" using the platform's native governance token called "SOV" token. Bitocracy is a governance system where no single entity can make decisions or change a system.

SOV tokens are meant to establish voting power within the platform. SOV tokens allow the holder to manage the Sovryn protocol through staking and voting and it's through the use of that voting power that the sovryn improvement proposal (SIP-0035) was democratically passed. Users who unstake SOV before the end of the staking period are subjected to an early unstaking penalty that can be as high as 30%.RBTC is the only gas of Sovryn. Sovryn needs RBTC for any transaction in the platform. BTC is converted to RBTC for use on the Sovryn platform. It enables Bitcoin to interact with a range of services on Bitcoin layer 2—(RSK).


Why Use Sovry

● Sovryn offer lending, borrowing, trading, staking and yield farming t

● User get to run the protocol

● Staking can generate excellent reward

● Stakers are awarded zero for more passive income

● Users get to establish true financial sovereignty.


How to interact with the sovryn Protocol

New to RSK learn how to interact with DApps on RSK here . https://bitcode.substack.com/p/how-to-use-apps-on-bitcoin

● Set up a wallet: users need a wallet capable of connecting to the RSK network. Users can either set up the RSK native Rwallet or add the RSK network to an existing wallet such as meta mask.

List of wallets that support metamask can be found here.

https://developers.rsk.co/wallet/use/

● Connect your wallet to the sovryn protocol: scan QR code or connect your wallet via browser extension.

● Buy RBTC: to interact with sovryn you need RBTC as gas and you can either send BTC to a bitcoin address generated by sovryn (click portfolio,then fast BTC). This will transfer you BTC from the bitcoin Blockchain as RBTC to your RSK wallet or you can buy from a decentralized exchange. E.g Kucoin.

● Interact with the protocol: then you can now trade,swap,lend, borrow and now put your Bitcoin to use.Read more about Zero on Sovryn

https://medium.com/@wearebitcoin/zero-never-sell-your-bitcoins-again-36ef131357afRSK Twitter Handle:

https://twitter.com/RSKsmartSovryn Discord :Reference :

https://bitcode.substack.com/p/how-to-use-apps-on-bitcoin

https://finematics.com/history-of-defi-explained/

https://hyperbitcoinizer.com/index.php/2022/05/18/how-does-defi-on-bitcoin-work

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Insert Stonk, The Future of Decentralized and Digital Gaming

Insert Stonk, The Future of Decentralized and Digital Gaming

Insert Stonks was created by gamers for gamers, and it uses Web 3.0 to bridge the gap between players, developers, and investors, thus increasing game profitability while allowing gamers to earn real money.

GameFi refers to the financial deregulation of gaming and is a mix of the words “game” and “finance”. In 2020, the blockchain gaming business generated $321 million in revenue, with 41.9 million gamers owning a digital asset or cryptocurrency. Insert Stonks is created to help the gaming business and the gaming community as a whole. Statistics has shown that There are about 2.5 billion gamers on the planet now, who spend billions of hours each year playing games. Insert Stonks brings together a group of specialists from the gaming, technology, marketing, and blockchain industries, that are offering a universal financial system for games that makes game economies and payments simple to create. This article intends to communicate the role of Insert Stonks in the gaming industry and how it intends to revolutionize GameFi


According to Statista, the video game business is anticipated to rise from $178 billion in 2021 to $268.8 billion in 2025, a 66 percent increase in four years. In just the third quarter of 2021, Axie Infinity alone has generated $2.08 billion. With the potential to create stronger, more profitable game economies catering to all sorts of players and developers-economies that may become viral and successful P2E models — the industry has merely scratched the surface. The objective of Insert Stonks is to increase game creators’ earnings while also allowing gamers to earn real money doing what they enjoy. Through blockchain tokenization, gamers may gain actual ownership of digital assets and be compensated for their time and expertise.

Road to Moon (R2M)

…the signature skill-based gaming invention

R2M is the Solana network’s first skill-based racing P2E game. It is a pure adventure experience that lets gamers join Doge and Mr Stonks on a journey to discover a new home for humanity in space (to exhibit the possibilities of the STONK Engine).


STONK Engine is a Software as a Service (SaaS) API and Software Development Kit (SDK) platform for game developers. It is chain-agnostic, because it connects to different blockchains depending on which SDKs a particular developer wants to use.


R2M Players get to choose their favorite cryptocurrency and join Mr Stonk in the lambo. You go as far as you can, avoiding Teslas, Whales, and SEC vehicles while collecting STNX tokens to pay out later. The pool is won by the winning high scores of the day! This is your one-of-a-kind opportunity to go to the Moon using the strength of your SKILL.


In order to promote participation and excitement, Insert Stonk partnered with WenLamboNFT, thus bringing their hot NFT vehicles CROSS-CHAIN. Insert Stonk is developed for independent and mobile game creators that want to improve their game earnings with P2E but don’t have neither the budget nor understanding of blockchain, unlike other blockchain technologies for games that construct unique solutions that only huge gaming studios can afford.

Now, gamers and developers with WenLambo assets may play Insert Stonk games with their NFT automobiles. On suitable R2M arenas, NFT automobiles will raise the car’s maximum speed, allowing exceptional acceleration boosts, and other performance abilities, among other things.


The token utilized in this in-game economy is ISRM. To farm ISRM, a player will first purchase a property in the Fields of Hopium. The more the number of NFTs you hold, the higher the yield. With this, you can even start a street gang and generate feasible passive revenue by leasing NFTs and teaching your crew to earn for you. You can as well “pimp” your vehicles and avatars in your Garage

Other games to be released soon on the Insert Stonk ecosystem include:

My museum,Space cartels,Petent, and much more.

The first blockchain P2E games are generating tremendous interest, engagement, and profitability despite massive obstacles to entry for the general public inexperienced with crypto trading, fundamental game principles, and design. Insert Stonks was created by gamers for gamers, and it uses Web 3.0 to bridge the gap between players, developers, and investors, thus increasing game profitability while allowing gamers to earn real money. 

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FRACTAL’S SOLUTION TO DATA EXPLOITING AND HAWKING IN THE NAME OF ADTECH

FRACTAL’S SOLUTION TO DATA EXPLOITING AND HAWKING IN THE NAME OF ADTECH

Unlike traditional digital IDs, DIDs are not stored in vendor or organization databases, making them less vulnerable to data breaches and theft. These DIDs may be used for a number of things, including enabling secure and private client KYC, e-voting, tax payments, and event check-ins. Fractal ID technology gives data owners and ID users more control over their data by allowing them to create IDs and keep credentials in their own wallets, with the freedom to choose who those credentials are shared with. For data owners and ID users, Fractal technology provides transparency and returns authority to users by letting them establish IDs and keep credentials within their own wallets, as well as determine who those credentials are shared with.

One of the three major concerns threatening the free internet that Fractal wants to address is the unaccounted cost of advertising technology (adtech). AdTech is a word that refers to any software and services that are used to deliver and target digital ads. It's the backbone of the Internet ad market, which is expected to rise from $438 billion in 2021 to $1 trillion by 2030, according to GlobalData (https://www.globaldata.com/adtech-drive-internet-advertising-industry-1-trillion-2030-forecasts-globaldata/). It covers the whole ad distribution process, from choosing an ad's content and location to determining its target audience.



In a word, advertising technology connects advertisers with publishers in such a manner that both sides gain by receiving exactly what they want and need. Advertisers represent the demand side, which is seeking for the most effective way to reach their target audience at the lowest possible cost. Publishers and inventory resellers on the supply side hope to monetise their digital assets by placing ads on ad placements (and getting measurements on engagement and other user data).

 
This dual-centric transaction, however, is more than just a market between advertisers and publishers; the advertiser runs effective ad campaigns aimed at high-value audiences, typically by selling data about site visitors or users in exchange for ad inventory from publishers sold at the best possible price. This has always been the goal of advertising in general, and the interplay between the advertiser (demand) and publisher (supply) sides stretches back to the inception of advertising. Technical solutions that could manage the huge number of advertisers and publishers looking to do business together were needed to link the two sides of the advertising equation. That is why it is critical to understand which bits of news are delivered as key news in online feeds, and how the internet gatekeepers — the principal dispatchers of news dissemination – pump them into the Internet's lifeblood. They have the last say on what we will or will not see.



Fractal intends to solve this problem by providing an ultimately free and safer platform for internet users, in which user data will no longer be auctioned in black market trades, enriching only the advertiser and publisher, but also by incorporating the user's consent - their choice of who gets to keep their data and what can be sold to them. To that reason, DeFi isn't the only industry where user data and identity management are vital. Fractal envisions a world where online users are the guardians of their own data. They're working on a blockchain-based infrastructure to support Web3's goal of "a decentralized and equitable internet where individuals own their own data, identity, and destiny." 

To achieve this, Fractal is employing a couple of strategies which includes:

⦁     A Web3 multichain DID that provides critical identity management infrastructure; and

⦁     Changing the AdTech industry from surveillance capitalism to transparency democracy, with improved data markets based on sovereignty and consent.

 
This would in turn allow our users to do things like:

⦁     Retain full, undisclosed ownership of their data;

⦁     Disclose reliable information to a limited number of outside parties (for example, to get personalized adverts and promotions);

⦁     Freedom to share their data with third parties in exchange for fair compensation (e.g. data aggregators, AdTech businesses).


This inefficiency of data management occurs in a sense that service providers collect these underlying data and users personal information in the guise of a required credential. A credential is a document that proves your identity, qualifications, or elements of your qualifications. To demonstrate that a user has graduated from high school, for example, we only need to present a diploma; we do not need to give additional, potentially sensitive information in the form of the underlying grade transcript.


Getting started with Fractal ID


For identity management and regulatory compliance, Fractal ID offers a smooth, safe, and straightforward solution. Consider the following scenario to better understand how a DID works. Assume you're a student who needs a study loan. All essential paperwork demonstrating your eligibility and repayment scheme must be requested by the financial institution. Before accepting your offer, the financial institution must verify this information. If you have a DID, your wallet will generate unique IDs for your credentials that you have a private key for. The public keys for these IDs are then sent to a distributed ledger. You may provide the financial institution these validated decentralized IDs of your credentials, which you can cancel and remove at any time. 

t's also worth mentioning that you can provide access to specific portions of your data to the financial service provider. For example, you might use a DID to exchange financial earnings information with a financial institution without having to provide them all of your contract data.


You may either generate your own DID or have one generated for you by a DID provider such as Fractal. Then you invite issuers (such the government, a school, or a bank) to submit claims for verification. Unlike traditional digital IDs, DIDs are not stored in vendor or organization databases, making them less vulnerable to data breaches and theft. These DIDs may be used for a number of things, including enabling secure and private client KYC, e-voting, tax payments, and event check-ins. Fractal ID technology gives data owners and ID users more control over their data by allowing them to create IDs and keep credentials in their own wallets, with the freedom to choose who those credentials are shared with.

For data owners and ID users, Fractal technology provides transparency and returns authority to users by letting them establish IDs and keep credentials within their own wallets, as well as determine who those credentials are shared with. Fractal also acts as a trustworthy ID validator, doing liveness checks, face matching, source-of-wealth verification, anti-money laundering checks, and proof-of-address checks. As a result, consumers will have a safer web3 experience, and companies will be able to prevent ID frauds, reduce data breaches, and adhere to data privacy rules.

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WHY YOU NEED A BRIM WORLD ELITE MASTERCARD

WHY YOU NEED A BRIM WORLD ELITE MASTERCARD

Regarded as the pinnacle of fee-free credit cards, it levies a one-time yearly fee of $199 rather than any hidden charges like those associated with other credit card companies. There are several advantages and unique features available to Brim World Elite Mastercard users. Say, for the first $25,000 spent in a year, users could receive a 2% cash back, and for anything else, they could receive an infinite 1% cash back

Brim World Elite Mastercard is one of the finest credit card services in Canada, particularly because of its cash-back policy, great incentives, outstanding insurance, and fantastic rewards for regular transactions. Regarded as the pinnacle of fee-free credit cards, it levies a one-time yearly fee of $199 rather than any hidden charges like those associated with other credit card companies. There are several advantages and unique features available to Brim World Elite Mastercard users. Say, for the first $25,000 spent in a year, users could receive a 2% cash back, and for anything else, they could receive an infinite 1% cash back.


For purchases involving currency conversions into foreign currencies, the majority of credit card service providers charge a hefty 2.5% exchange fee. Brim World Elite Mastercard, however, does not. This charge is entirely waived if a user makes an overseas or online transaction in a currency other than the Canadian Dollar. The card also grants its owner special access to other services with tempting incentives, including:·         


The Brim World Elite card qualifies users for the Brim Instalment plan, which allows customers to stretch payments over 12 or 24 months, as well as first-time bonuses that may total $500. Additionally, this card includes free access to Mastercard Travel Pass from DragonPass, which grants users access to more than 1,000 lounges globally.


However, the Brim World Elite Mastercard didn't avoid all the regular issues, despite being a premium card. Some things to keep an eye out for and take appropriate attention include:

1. High-income qualification requirements of $80,000 for personal and $150,000 for household

2.       Annual spending cap of $25,000

3.       No Standard interest rates

4.       High annual fee of $199


Conversely, despite the few drawbacks, the Brim World Elite Mastercard is still admired for its extensive availability in significant Canadian cities such as Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec and Saskatchewan. However, the Brim Instalment plan carries a 7% activation cost and an additional 0.475% monthly fee, and each time a customer visits a lounge, the complimentary DragonPass access costs US$32 per person.

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0VIX PROTOCOL

0VIX PROTOCOL

0VIX is an open-source lending and borrowing protocol enhanced with veTokenomics. Through our native currency, we aim to provide Polygon users with steady and long-term yields. By giving the 3000+ app ecosystem with its first native money market, we hope to bring billions of dollars of liquidity to Polygon.


By locking away their veToken for a set length of time, Ovix allows users to increase their profits. This is a secure investment method that may be used by both major risk takers and safe bettors.
How does locking ovix work?


Locked ovix are a form of time deposit. You agree to lock your veOvix for a set period of time in exchange for a commensurate interest rate (for example, six months, 18 months, or years).


To reward you for that contract, ovix activates an automated mode of earning that should reward you more than simply holding veTokens in your wallet: you get a "higher annual percentage yield on the funds you deposit," similar to traditional fixed deposits made with centralised banks and financial institutions. You earn more since your veTokens can be utilized to create liquidity, and you still get equal chances to engage in DAO activities and vote, unlike these conventional banks.


When you decide to lock up your veTokens, you will customise how long you want to keep your token locked up. This time period can be referred to as the term, and common terms might include long or short terms, depending on your choicest preferences. Longer durations, on the other hand, allow users to earn more.


As your safe-lock period or maturity time approaches, ovix will alert you, much as traditional centralised financial institutions. This leaves you with the option of choosing your next course of action and what you want to do with your veTokens and safe-lock interests from the ovix chain of alternatives. The safe-lock continues if a user chooses to do nothing, which is the majority of the time.

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Introducing Cudo Compute

Introducing Cudo Compute

Cudo Compute gives you the possibility to make passive cash from it. As a result, you have the opportunity to join the network of 1,000 dispersed cloud nodes that will help to meet the demand for computing that is only going to grow.

Almost infinite computational capability is offered by the decentralized cloud computing platform Cudo Compute. By 2030, there will likely be a five-fold increase in the demand for cloud computing, and the metaverse will probably use 1000x more processing power than is now feasible.


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I BUILT MY SITE FOR FREE USING