Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
At Cryptoonaut, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
In a major development, Polyhedra Network has unveiled a groundbreaking method for verifying Zero-Knowledge (ZK) proofs directly on the Bitcoin blockchain. The Polyhedra team discovered a new way to verify…
Internet Computer (ICP) CEO and Chief Scientist Dominic WILLIAMS took to X to showcase a demonstration of the parent company, DFinity’s latest Artificial Intelligence (AI) innovation. According to Williams, ICP…
The rapid ascent of Base in the crypto ecosystem is turning heads. In just one month, its total value locked (TVL) nearly doubled. This growth spurt is causing headaches for…
Wifi Dabba, a decentralized internet service provider, recently announced plans to expand internet connectivity in India by distributing over 100,000 devices across the country. These devices, hosted on the Solana…
KORUS, an interactive music platform under PIXELYNX, an Animoca Brands subsidiary, has teamed up with Film.io, a decentralized filmmaking ecosystem. This partnership signifies a major advancement in entertainment, using blockchain…
Vanar, a prominent technology company, has announced a groundbreaking partnership with the National Incubation Center (NIC) Karachi. It aims to catalyze the emergence of Web3 talent in Pakistan. This strategic…
In a significant move towards enhancing Web3 infrastructure, Entangle has announced a notable strategic investment from blockchain incubator Consensys. This investment propels Entangle’s total funding to an impressive $4 million,…
The financial sector is witnessing a transformative era as blockchain technology, smart contracts, and the tokenization of assets gain traction among industry leaders. A recent report by SWIFT highlighted that…
On-chain ticketing platform OPEN announced its launch aimed to improve efficiency in the $85 billion global ticketing industry through blockchain. Backed by Animoca Brands, Merit Circle, Redbeard Ventures, and the…
