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Added a new essential feature : Search VASP by TXID #travelrule #compliance #CODE #VASP #TXID

I wanted to chat about something that's got me seriously excited: based preconfirmations (and I am not referring to Base). Specifically after reading Taiko Labs's blog: https://lnkd.in/dVW42TEd Trust me, this isn't just another tech buzzword – it's a real game-changer that's about to shake up the world of based gaming. So, grab a coffee and let's dive in! What's the deal with Preconfirmations? Okay, so you know how waiting for transactions to execute can feel like watching paint dry? Well, that's where preconfirmations come in. Imagine getting a "sneak peek" at whether your transaction will go through, almost instantly. That's the magic of preconfirmations, but there are now two types of preconfirmations: 1. One that L2s provide users with centralized preconfirmations (such as Immutable, which is one of the reasons they gained popularity amongst the gaming community and seen so many epic games building there) 2. Taiko's preconfirmations are provided by L1 validators, which automatically inherits L1 security when Taiko provides preconfirmation, making it truly decentralized. Some examples: Normal transactions: You click "send" and then... you wait. And wait. And maybe check your phone a few times. Centralized sequencer: It works smoothly for the general public, which is why L2s gained so much popularity, but all transactions are controlled by one entity - by them and pose one point of failure. Preconfirmations: You click "send" and boom! Almost instant feedback, but in a fully decentralized manner as anyone can propose and prove blocks on Taiko, and without a single point of failure as anyone can propose and prove blocks. But it's not just about speed (though that's pretty cool). Preconfirmations are also more efficient, using less resources and costing less. It's like upgrading from a gas-guzzling truck to a sleek electric car (not my favorite example but it had to be done). Gaming Will Never Be the Same Now, let's talk gaming because this is where things get exciting. Picture this: You're in the middle of an epic battle in your favorite blockchain game. Your character desperately needs a power-up, but you're out of in-game currency. With preconfirmations, you could: - Buy some currency - Purchase that power-up - Turn the tide of battle All in the blink of an eye! No more laggy transactions ruining your gaming experience. But it's not just about quick purchases. Imagine: - Real-time item trading during raids - In-game economies that react instantly to player actions - Seamless betting on e-sports matches as they happen The possibilities are mind-blowing. We're talking about bringing the speed of traditional gaming to the decentralized world, without sacrificing the benefits of decentralization. It's the best of both worlds! What do you think? Are you as excited about based preconfirmations as I am? Drop a comment and let's chat about the amazing future we're building together!

ENTANGLEFI MAINNET DATE REVEALED ALONGSIDE HOTLY-ANTICIPATED POINTS SYSTEM - Today saw Entangle  announce its official mainnet launch date as April 24th, in less than two weeks time. - The same announcement also shed light on the suite of products that will go live alongside mainnet launch itself. - Said suite includes EntangleFi’s ‘Photon Messaging’ service - “An Omnichain Messaging Protocol enabling protocols to send and receive data & assets across both EVM and non-EVM Chains” - Two weeks on from mainnet, on May 7th, staking for the project’s native token, $NGL, will go live at the same time as a points system. - The community already knows that 3% of $NGL’s total supply is earmarked for airdrops, with the first commanding 1% of supply. - EntangleFi’s core mission is to provide the best interoperability infrastructure and solutions in the industry, seeking thereby to create a “truly interconnected Web3”. - April has already been a big month for Entangle , the project having announced a strategic investment from MetaMask developer Consensys, on April 4th. - The $NGL token itself currently boasts a market cap of around $32.2 million, according to CoinMarketCap, and is listed on KuCoin Exchange, Bybit, and several others CEXs Image: EntangleFi

Over Protocol Introduces Sybil Detection for User Rewards Over Protocol has introduced a new “Sybil Detection” feature that rewards users based on their past activity. Blockchain’s Layer 1 lightweight node protocol This week, Over Protocol announced the launch of “Sybil Detection,” a feature that allows users to receive incentives depending on their previous activity. OverWallet and OverNode contributors will have access to airdrops... Over Protocol Introduces Sybil Detection for User Rewards #Arbitrum #Ethanos #June

Let's demystify why Sui's Mysticeti consensus protocol is a game changer for Web3! This blog post focuses on the protocol's significant improvements in transaction speed and network efficiency. https://lnkd.in/geE54r47

Observability in decentralized applications poses several unique challenges that need to be resolved and traditional solutions might not be sufficient. https://buff.ly/3TF7b2I #Observability #Web3 by Sarah Morgan thanks to Scout APM

Total Value Locked (TVL) in DApps - a key metric indicating a token's utility value and user trust. High TVL suggests a strong and healthy ecosystem.

💡 An insightful review from LetsExchange delving into eCash's features and upcoming upgrades! 🔥 📝 Read it here: https://lnkd.in/dg--34hF

What Is A Decentralized Application (Dapp)?

What Is A Decentralized Application (Dapp)?