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.
Gnosis Venture Studios, a branch of Gnosis known for developing on-chain finance solutions like Safe and Gnosis Pay, has unveiled uRamp. URamp is a new platform that facilitates transactions between…
Ethereum layer-2 scaling network Optimism has announced that it will begin testing out its fault proof system on Ethereum’s Sepolia testnet, with plans to deploy this on the Ethereum mainnet…
Bitcoin Virtual Machine (BVM) is a rapidly growing L2 protocol on Bitcoin. It allows users to create their own layer 2 networks and drives the value of its native BVM…
Blockpass and Animoca Brands, two prominent names in the web3 and digital property rights sectors, have entered into a partnership aimed at enhancing security and compliance within the web3 environment.…
Aptos Labs, the team behind the layer-1 blockchain, has entered into a partnership agreement with Google Cloud to expand game offerings with web3 capabilities. Google Cloud, known for its expansive…
The Hadron Founders Club (Hadron FC), the first to take their central position in the heart of the Ethereum ecosystem, had just formally launched today, hence a new chapter for…
Introduction to Blockchain’s Revolution in Gaming The integration of blockchain technology within the gaming sector signifies a profound metamorphosis in the paradigms of game development, deployment, and player interaction. Blockchain,…
While the Bitcoin network is poised to see significant growth in its Layer-2 (L2) ecosystem, “finding an optimal mechanism to maintain finality” on the network remains an inherent limitation that…
The ability to achieve economies of scale is the foundation of much of the world’s modern wealth. In the original Ford Motor factory in Detroit, the company managed to gradually…
A recent paper by Austin Adams, a researcher at Uniswap Labs, contends that swapping and liquidity provisions on layer-2 networks are significantly cheaper than on Ethereum’s mainnet. According to the…
