Tag: validator

Coinbase Cloud has announced launching a suite of tools to back the developer ecosystem on the Avalanche blockchain.

Coinbase Cloud provides web3 APIs, services, and infrastructure to power the next generation of software builders. As part of our vision to empower...

Coinbase, the popular bitcoin exchange & crypto services company, has announced that Coinbase Cloud, its offering of web3 APIs, services, and blockchain infrastructure, has rolled out a new suite of infrastructure tools and solutions for the growing Avalanche blockchain ecosystem. Presently, Avalanche has $11 billion in total value locked and 185 protocols being built on […]

The post Coinbase Cloud launches new suite of developer tools for Avalanche blockchain appeared first on CryptoNinjas.

SINGAPORE, Mar 22, 2022 - (ACN Newswire) - 2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we're creating a series of articles on what you need to know about our partner coins in the year 2022, this time with Harmony.
Since August 2020, Moonstake has been supporting ONE staking as both a staking Validator and Delegator via strategic partnership with the development team behind Harmony blockchain. Since then, Moonstake has hosted a number of campaigns that promote awareness of the Harmony ecosystem as well as adoption of ONE staking to global users. Moonstake's partner Binarystar, which runs Japan's biggest Blockchain Business Hub in Tokyo, also takes part in this partnership to support these marketing activities by hosting events and overseeing Harmony's community development in Japan.

2021 was a year of tremendous growth for Harmony blockchain, with strong focus on adoption, interoperability & decentralization. The Harmony team successfully accelerated adoption for the next 1 million users through workshops for developers, hackathons & grants. Harmony's own blockchain explorer and cross-chain NFT bridge were launched in June and November respectively. The network achieved a variety of key successful ecosystem growth metrics such as 227 DApps, over 400 million assets locked across cross-chain bridges, and 7,483 artists with $1.07 million in NFT sales. Harmony has also opened numerous regional DAOs including Portuguese, Spanish, Russian, Korean, French, German, Indonesian & Chinese speaking communities.

In 2022, the focus for Harmony is to further drive user adoption of the network by increasing accessibility to users across all blockchains and incentives to build on Harmony via grant programs for developers. The blockchain is also focusing on the highly demanded markets of NFTs and Metaverse via the Player ONE initiative focusing on accelerating the growth of gaming, social & work applications and use cases. Their ambitious goal is to make Harmony become the unifying Web3 platform building for billions of users by 2026.

Moonstake is proud to be strategic partners of Harmony. We will continue to maintain strong support for the ever growing and developing Harmony ecosystem and hope to bring even more great value to ONE and crypto users worldwide in 2022 to help accelerate adoption of the Harmony and Moonstake ecosystems together.

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

Since its launch in April 2020, Moonstake has partnered with 28 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools.

About Moonstake's staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 16 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year. https://www.moonstake.io/

About Harmony

Harmony is a fast and secure blockchain with key innovations in state sharding and peer-to-peer networking. Its sharding uses secure proof-of-stake and decentralized randomness, and its networking achieves optimal cross-shard routing and fast block propagation.

Harmony helps businesses build marketplaces of fungible tokens (such as energy credits and loyalty points) and non-fungible assets (such as game collectibles and real estate).

Harmony is applying zero-knowledge proofs for data sharing while preserving the consumer's privacy. Common industry use cases include ad exchanges, credit ratings and many other data consortia that would otherwise take many years to form among competing companies.

Harmony recently launched on Binance and shipped Day ONE Mainnet. https://www.harmony.one/

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comMoonstake is proud to be strategic partners of Harmony. We will continue to maintain strong support for the ever growing and developing Harmony ecosystem and hope to bring even more great value to ONE and crypto users worldwide in 2022 to help accelerate adoption of the Harmony and Moonstake ecosystems together.

It’s 2022, and industries from all over the world are beginning to wake up to decentralized technologies such as blockchain.

The post Op-ed: On-chain forensics monitoring is crypto’s judge, jury and executioner appeared first on CryptoSlate.

Ethereum is well on its way to the Merge as more milestones are met. The move to proof of stake will no doubt be a game-changer for the blockchain. So As the day for the merge draws closer, users of the network have been upping their activity in recent times. One of the places where Ethereum has recorded an uptick has been the staking queue which is now nearing its previous all-time high. Ethereum Staking Queue Crosses 300,000 The Ethereum staking queue is a good indicator of how users of the network are looking at it. When this is low, investors may be more way and not want to stake their coins on the network. However, when this number begins to go up, it signals a number of things for Ethereum, among them, being that users are looking more positively at it. Related Reading | TA: Bitcoin Holds Uptrend Support, What Could Trigger Sharp Decline This queue has been going up in recent times and as of 17th March, has almost reached its previous high. It had previously touched a new high above 330K in June of 2021 when the bull rally had been in full bloom. But the subsequent market downtrend had seen this number come down with it going into the bear trend. Only to begin another recovery in August of the same year. ETH price recovers above $3,900 | Source: ETHUSD on TradingView.com As for 2022, the number had been steadily growing but hadn’t seen any significant boost. This boost came about two weeks into March when the number of wallets on the queue crossed 300K. It is the sharpest increase ever recorded by the Balance Validators Status. What Does This Mean? For a network like Ethereum, beating and setting new records aren’t a new thing. But like with any other thing, such high interest will definitely have an impact on the network and the price. In this case, the number of wallets that are now suitable to stake on the network is higher and are waiting to be activated to do so. When such a large amount of wallets are given the green light to start staking, it will take a good chunk of coins out of current circulation. Related Reading | TA: Ethereum Consolidates Near $2,800, Why ETH Could Rally Again This is because it takes 32 ETH for a wallet to be eligible to become a validator on the network. This means that when these wallets on the queue are activated, about 1 million ETH coins will be locked away for at least three months, which is the minimum staking duration for Ethereum. A look at past charts shows that times like this have coincided with the increase in price for ETH. However, there has been one deviation which was during the November rally where ETH hit a new high above $4,000. Nevertheless, with such volumes of ETH being temporarily taken out of circulation, it most likely will positively affect the value of the cryptocurrency, pushing the value towards previous highs. Featured image from MARCA, chart from TradingView.com

press launch PRESS RELEASE. TòròNet not too long ago introduced the launch of the community’s mainnet, following almost six months of working a testnet. The blockchain was launched along with stablecoins in 4 currencies within the African sub-continent to begin. The blockchain is constructed particularly targeted on the unbanked and inadequately banked, however with the […]

The post TòrÒnet a Blockchain Platform Built Specifically for Financial Inclusion Launches With Four Stablecoins – Press launch Bitcoin News appeared first on Bitcoin Upload.

Cosmos is a permissionless decentralized network of interoperable and independent blockchains that exchange tokens and information. Cosmos was established in order to overcome some of the problems that modern blockchains have. Scalability, governance, and usability are among these concerns. Blockchains can be separated into three conceptual layers from architecture:  Application layer: It updates the state of blockchain based on the execution of transactions.  Networking Layer: It is in charge of ensuring that transactions and consensus-related messages are propagated.  Consensus Layer: It allows nodes to agree on the system’s present state. The Cosmos is a decentralized network of autonomous, scalable, and interoperable blockchains powered by the Tendermint Core Byzantine Fault-Tolerant (BFT) consensus algorithm. Cosmos is all about the multi-chain world, seamlessly communicating data and tokens between numerous sovereign blockchains. This establishes a collaborative ecosystem because no project or blockchain in the ecosystem exists to compete with others; instead, Cosmos connects them all.  Features of Cosmos: Tendermint Core Cosmos SDK IBC Tendermint Core Tendermint BFT combines a blockchain’s networking layer and consensus layer into a generic engine, allowing developers to focus on the development of the application layer rather than the complicated underlying protocol. Tendermint saves hundreds of hours of development time as a result. Tendermint is also the name of the byzantine fault-tolerant consensus method employed by the Tendermint BFT engine. The Application Blockchain Interface connects the application layer of blockchains with the Tendermint BFT engine through a socket. Any programming language of your choice can be used to wrap the protocol, allowing developers to use whatever language best suits their needs. Cosmos SDK The Cosmos-SDK is an open-source framework for creating multi-asset public Proof-of-Stake (PoS) and Proof-of-Authority (PoA) blockchains, such as the Cosmos Hub. Application-specific blockchains are blockchains that have been created using the Cosmos SDK. The Cosmos SDK’s purpose is to simplify developers to build unique blockchains from the ground up that can natively interact with existing blockchains. IBC It’s a protocol that enables different blockchains to communicate with one another. Considering the legalities and constraints that needed to be met to make this communication process a reality was hard. IBC makes it easy to transfer tokens and other data in a trusted and frictionless manner. It opens up a world of possibilities allowing for interoperability and value transfer, without facing the scaling issues which can be seen today in many blockchains. How does IBC work? The logic behind IBC is very simple. Let us suppose, there is an account on chain X, and it wants to send 20 tokens (for eg. ATOM) to chain Y.  Tracking Chain Y receives the headers of chain X continuously and vice versa. This allows every chain to have the track record of the validator set of every other blockchain. For this purpose, each chain runs a light-client of the other. Proof Relay Proof that 20 ATOM tokens are bonded is sent from chain X to chain Y. Validation  The proof sent to chain Y is verified against chain X’s header and if the proof is found valid, then 20 ATOM vouchers are created on chain Y. Keep in mind that, ATOM tokens created on chain Y are not real, because real ATOM tokens still exist on chain X. Tokens present on chain Y are just a representation of ATOM on chain X, along with proof that these ATOM tokens are frozen on chain X. A similar process is followed to unlock the tokens when they return to their origin chain.  Tokenomics Use Cases of ATOM Token ATOM can be used in three ways: as a spam-prevention system, staking tokens, and voting method in governance.  ATOM is used to pay fees as a spam prevention method. Similar to Ethereum’s idea of gas, the fee might be proportionate to the amount of computation required by the transaction. Taking fees is necessary so that malicious actors don’t misuse the blockchain. ATOM can be staked to obtain tokens as rewards. The quantity of ATOM staked determines the Cosmos Hub’s economic security. The more collateralized ATOM there are, the more skin is at stake and the cost of attacking the network rises. As a result, the more ATOM are staked, the better will be the economic security, Governance: ATOM holders can also govern the Cosmos Hub by voting on proposals with their staked ATOM. Initial Token Distribution of Cosmos(ATOM) The Interchain Foundation held multiple private investment rounds, and a public fundraising event on April 6, 2017.  According to the Interchain Foundation, private Contributors, Public Contributors, All in Bits Inc (AiB), and the Interchain Foundation were the recipients of these newly created ATOMs.  In exchange for a $1,329,472.3 donation, strategic and early adopters received 7.1 percent of the first supply or 16,856,718.97 ATOMs. In exchange for $300,000, the seed contributors received 5% of the initial supply or 11,809,947.91 … Continued

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SINGAPORE, Mar 15, 2022 - (ACN Newswire) - Moonstake today announces the formation of the Moonstake Gaming Guild (MSGG) as the staking provider makes its full-scale entry into the GameFi market.
GameFi is a term combining the words "Game" and "Finance", referring to games where you can earn from playing. Specifically, in-game currency, tokens, characters, and items backed by blockchain technology can be bought and sold by players on crypto asset exchanges and marketplaces. GameFi is a market that has been growing rapidly, led by the "Axie Infinity" GameFi project which has been especially popular in Southeast Asia since 2021. The GameFi domain is expected to exceed $68 billion* and is attracting widespread attention even outside of the crypto asset industry.

GameFi is creating new businesses with its innovative model and Moonstake will help create new jobs by establishing and operating gaming guilds. We will provide gaming know-how and lend strong characters and weapons through the global connections promoted by Moonstake. Moonstake hopes to address one of the major goals of the SDGs, "End Poverty," via the creation of new jobs.

*What is a Gaming Guild?

Gaming Guild is a community for matching investors and practitioners. Investors can purchase NFTs and loan them to practitioners aka game players who use the NFT to play. Investors and practitioners will share the revenue generated by playing. The guild operator matches game players with investors and provides them with the necessary NFT assets, tools, and know-how to share a portion of the revenue earned in the game.

Why are guilds attracting attention?

Token holders, who currently hold crypto assets as investors, provide assets to the guild for players to purchase NFTs for use in their games. The guild then uses those NFTs to allow players to participate in the game. Players, many of whom have never been exposed to crypto assets, are currently generating revenue as the community of GameFi players expands in the Philippines and other Southeast Asian countries. In this way, the creation of a new revenue model through GameFi has already been creating numerous new jobs and helping to build players' economic power.

MSGG is currently recruiting game users through the scholarship program of JobTribes, a Play to Earn game that is being developed by Singapore-based GameFi platform DEA.

Moonstake plans to use JobTribes as a foothold to connect to a variety of GameFi projects and will work to create new employment opportunities primarily in Southeast Asia.

Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1.5 Billion, allowing Moonstake to become one of the top 10 staking providers globally. Since last March, Moonstake has also entered DeFi with its newly launched DeFi platform, Muse.Finance, which has released a core DeFi product that will be integrated into Moonstake to offer users worldwide Advanced DeFi connectivity.

Mitsuru Tezuka, Founder of Moonstake, says: "We are very pleased to be able to explore new areas of business for Moonstake via the MoonstakeGamingGuild. With so many people still looking for work around the world, GameFi, a new and exciting industry which creates jobs for many people, has always been one of the things I wanted to challenge myself with. I have been fortunate to have a great opportunity to create and operate guilds at JobTribes, and I hope to use this opportunity to discover the various possibilities of GameFi that can synergize with Moonstake to bring even more value to users worldwide."

About Moonstake

Moonstake is the world's leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.

Since its launch in April 2020, Moonstake has partnered with 28 leading platform providers, including Cardano's constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.

Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools.

About Moonstake's staking business

For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 16 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year. https://www.moonstake.io/

Citation*. https://bit.ly/3tboifb

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comMoonstake today announces the formation of the Moonstake Gaming Guild (MSGG) as the staking provider makes its full-scale entry into the GameFi market.

March 11, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ The US Department of Labor urged “extreme care” for fiduciaries considering[...]

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Messier.Art, a cutting-edge NFT trading, staking, and collaboration hub for digital artists and collectors, went live on March 1, 2022.

The post has appeared first on thenewscrypto.com