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🎉 We are delighted to welcome Blockdaemon to the BSN Spartan Network! As a key player in the blockchain industry, Blockdaemon’s support for the BSN (Blockchain-based Service Network) Spartan Network marks a significant milestone in our journey to revolutionize decentralized public IT infrastructure. This comes after Blockdaemon was announced as a founding member of the Singapore-based BSN Foundation in November 2023. Blockdaemon and BSN Foundation share a vision for promoting the concept of decentralized public IT systems. Together, we are committed to pushing the boundaries of what is possible, transforming the landscape of non-cryptocurrency public chains and setting new standards for global connectivity and innovation. Highlights of Our Collaboration: 🌍 Global Expansion: With Blockdaemon’s extensive global footprint and strategic vision, we aim to establish new international decentralized IT infrastructure projects, ensuring widespread adoption and accessibility. 👯 Decentralized Governance Contribution: As a founding member, Blockdaemon’s contributions to the BSN Spartan Network’s decentralized governance model will help promote a stable and accessible network for businesses worldwide. 🖥 Blockchain Node Deployment Expertise: Blockdaemon’s specialization in institutional-grade blockchain node deployment and solutions allows enterprises to quickly onboard and set up their systems, lowering the barrier to benefiting from the BSN Spartan Network. Together with Blockdaemon, we are dedicated to creating a future where decentralized public IT systems complement traditional centralized IT systems. Our shared vision is to lead the way in developing non-crypto public chains that serve as the backbone for next-generation digital infrastructure. We are thrilled about the potential of this partnership and are committed to working closely with Blockdaemon to drive the future of decentralized infrastructure. 🌟 Transform Your Business with Decentralized Infrastructure 🌟 Discover how Spartan’s decentralized solutions can drive your business forward. Embracing decentralized infrastructure offers numerous benefits, including enhanced security, increased transparency, and greater scalability. These advantages enable businesses to operate more efficiently and adapt more quickly to market changes. Explore Blockdaemon’s offerings with Spartan and see how you can benefit from our innovative approach to decentralized IT systems. 👇 https://lnkd.in/gsHha3Ys Ready to transform your business? Contact Blockdaemon today and join us in pioneering a robust digital ecosystem built for the future. 👇 hello@blockdaemon.com

Ethereum scaling protocols drive zero-knowledge proof use in 2023: Ethereum scaling protocols dominate the use of zero-knowledge rollups (ZK-rollups), with major launches, new research and healthy competition key points in a sector report published by ZKValidator. The node infrastructure operator’s “State of ZK Q2” report reflects on significant events across the ZK ecosystem, with notable launches of ZK-powered layer 2’s highlighting the use of the […] The post Ethereum scaling protocols drive zero-knowledge proof use in 2023 appeared first on CryptoGeek.

🔵 Crypto Window News 🔵 Google Cloud's Engineering Director of Web3, James Tromans, is optimistic about AI's role in accelerating tasks such as smart contract writing and auditing in the Web3 ecosystem. He emphasizes the value of Web3 in digital ownership and data control, focusing on business outcomes rather than token speculation. Google Cloud has a horizontal strategy to cater to both Web3 natives and traditional enterprises. The company has taken steps into Web3, including becoming a validator on various blockchains like Axie Infinity's Ethereum side-chain and the Solana network. Tromans believes that AI won't be a one-stop solution for evaluating Web3 projects, but it can significantly improve time-to-market for startups by enhancing productivity. He acknowledges concerns about hosting Web3 projects on platforms like Google Cloud, noting that Google's own fiber network can contribute to decentralization. He emphasizes the need for equitable adoption of Web3 technologies to benefit a wide range of people. Overall, Google Cloud aims to bridge the gap between AI and Web3 while prioritizing data ownership, security, and business value.

New Post: Flare (FLR) rises sharply after Google Cloud integration - Flare (FLR) price surged on Monday to reach highs last seen in June 2023. The gains after Flare announced Google Cloud had joined its network as an infrastructure provider. The native token of EVM-based Layer 1 blockchain Flare (FLR) is surging after a major ecosystem development announced today, Monday January 15, 2024. After trading at lows of $0.017 early in the day, FLR spiked double digits to hit highs of $0.023. The surge saw FLR reach prices last seen in early June, 2023. If the upside continues, buyers could target May 2023 resitance levels above $0.030. The FLR token is a utility token used for payments, transaction fees and staking. The community can also delegate them to FTSO data providers as Wrapped FLR (WFLR). These can also be staked to allow for governance voting Why is Flare price rising? Today’s price increase for Flare (FLR) comes after the blockchain platform announced that cloud computing giant Google Cloud had joined its network as an infrastructure provider. Google Cloud is now among 100 Flare network infrastructure providers. Per the announcement published on Monday, Google Cloud will act as a network validator as well as contributor to Flare’s native interoperability protocol – the Flare Time Series Oracle (FTSO). The integration will see Google Cloud propose and validate new blocks on the Flare blockchain, with this helping to secure the proof of stake platform’s network. Hugo Philion, co-founder and CEO of Flare, said: “As the blockchain for data, we are excited that Google Cloud is joining our existing decentralized network of infrastructure providers who contribute to Flare. Our work together will help deliver a more robust decentralized smart contract platform that places decentralized data at its core.” As part of the collaboration, Flare has joined the Google for Startups Cloud Program, an initiative targeted at accelerating growth across the Web3 startups ecosystem. The program will offer financial and technical support to developers building on Flare. FLR price was trading at $0.021 at the time of writing, about 24% up in the past 24 hours. Share this articleCategoriesTags #Flare #FLR #rises #sharply #Google #Cloud #integration https://lnkd.in/dYHbYvEC

MetaMask launches pooled staking for Ethereum, excluding US and UK users QUICK TAKE 1. MetaMask has rolled out a pooled staking service, enabling ether holders to stake any amount with validators operated by its developer, Consensys. 2. However, the new service is not available in all regions, with MetaMask users in the UK and U.S. initially restricted from accessing pooled staking. MetaMask developer Consensys has launched pooled staking for its popular web3 wallet, enabling users to stake any amount of ether to contribute to Ethereum network security and earn validator rewards. Before the launch, only users with at least 32 ETH (around $113,000), the minimum required by the Ethereum protocol, could stake natively in validators operated by the firm. MetaMask users can unstake their ether at any time, but the process is subject to waiting times that may vary depending on the current Ethereum validator exit queue. MetaMask’s pooled staking service is being rolled out in phases, available to a portion of eligible users from today and more over the coming days, using the open modular architecture of Ethereum liquid staking protocol StakeWise to power some of its smart contracts. “With Pooled Staking, MetaMask users now have an easy way to stake ETH in enterprise-grade validators while maintaining full control of their ETH, earning rewards and making Ethereum more secure,” Consensys Senior Product Manager Matthieu Saint Olive said in a statement. “We’re excited to bring our staking solution to many more MetaMask users.” Some 27.1% of ether supply is currently staked on the network, according to The Block’s data dashboard, with much of that in just a few large pools, Consensys said. By launching MetaMask pooled staking, the firm aims to make native Ethereum validator staking accessible to more users.

New Post: Demand for DVT Sends SSV.Network Past $150M in Staked ETH - Anyone with the will and the technical ability is free to run their own Ethereum validator and connect to SSV. Ethereum stakers are rapidly warming to Distributed Validator Technology, which is becoming a mainstay of the staking landscape. Following its introduction by SSV.Network, staking operators, and validators have been swift to embrace the technology for the benefits it brings in terms of performance and security. $150M is now staked in SSV either directly or through third-party apps that use the network’s open-source technology. This constitutes over 67,000 in staked ETH with 2,000 validators and around 80 staking clients currently making use of SSV’s DVT implementation. The Rise of DVT DVT allows Ethereum validator operations to be assigned to numerous independent operators instead of relying on just a handful of dominant players. Validators running on SSV are split between independent operators, creating greater fault tolerance and increasing decentralization. Anyone with the will and the technical ability is free to run their own Ethereum validator and connect to SSV. The technology is designed for solo stakers as much as it is for institutional clients. Because third parties can build staking apps upon SSV’s network, there is scope for endless customization and personalization. 01Node, StakeStar, and StaFi are among many projects that have already developed SSV-powered apps that make use of Distributed Validator Technology. Claystack and Metapool have also gotten in on the act. In addition to projects building on SSV.Network, others are implementing its technology into their current staking infrastructure. This allows them to prevent disruption to their existing staking operations when introducing DVT. Staking heavyweights such as Stader, StakeWise DVT vaults, ChainUP, ANKR, XHash, and Lido through its Simple DVT Module have started testing and using the technology. Industry Analysts Are Bullish on DVT In its crypto theses report for 2024, analyst Messari is bullish on DVT, highlighting some of the liquid staking protocols that are implementing the tech “to make their staking products and Ethereum staking itself more robust.” As dominant staking providers such as Lido increase their TVL, the need to balance convenience with decentralization, to prevent single points of failure, is imperative. DVT provides one way to address this by reducing reliance on narrow validator sets. There are currently added incentives for Ethereum validators to explore what DVT has to offer. The SSV DAO has approved a 50% APR boost for validators that connect to its network in the form of SSV rewards. As for the incentives to integrate DVT, as SSV.Network explains, “DVT facilitates the distribution of validator operations across independent operators, leveraging QBFT consensus protocol and threshold signatures. These technologies foster a secure, robust environment for f

**Title**: Alphabet Inc’s Journey Towards Creating An Impactful Web3 Ecosystem ㅤㅤㅤ 🔍 Alphabet Inc is utilizing its tech prowess to support Web3 firms navigate the cryptoverse. Richard Widmann, Head of Web3 Strategy at Google Cloud, highlights Alphabet’s strategy in pushing forward the industry’s frontiers. ㅤㅤㅤ 🔨 Tapping into Google’s core developer and engineering DNA, 🌱 Aiding in the growth of companies offering digital asset services, 💡 Offering managed node services for the Ethereum developer community, 📊 Aiding companies on data availability, ㅤㅤㅤ 🔄 The world of crypto has evolved over the years. From being an exploration ground, companies are now utilizing technology to tackle their business challenges. ㅤㅤㅤ 💫 The future of Web3 looks bright as organizations leverage their strengths and simplify the technology for mass understanding and implementation. ㅤㅤㅤ #Web3 #AlphabetInc #CryptoWorld #GoogleCloud #DigitalAssets #TechDNA #Ethereum #CryptoEvolution ㅤㅤㅤ´ —————– ➡️ For more information: https://lnkd.in/dJwb5HKB. ➡️This content has been and posted by a fine-tuned ChatGPT model. ➡️Follow us for more updates on Web3 and tokenization.

Quick reminder that Ethereum hit $10 billion in revenue faster than any other major software company besides Google. But that's probably the least interesting thing about the network. 10 reasons why: 1. Ethereum's computing infrastructure is run by a distributed and global network of service providers. This is where the $10b was paid — not a centralized entity. 2. Ethereum's addressable market is massive — in my opinion, it could one day serve as the global settlement layer for all of finance. 3. From first principles, Ethereum is essentially laying down a new data infrastructure for the internet. This new data structure functions as a global accounting ledger that anyone can access, audit, provide services for, or build a business on top of. 4. Ethereum currently controls a roughly 80% market share amongst competing smart contract platforms. 5. Ethereum has the strongest network effects in crypto. Its network value grows as the number of connected users increases (Metcalf's Law). This is driven by a foundation of developers, developer tooling, programming languages, the EVM standard, token standards, wallets, applications, scaling infrastructure, and venture capital investment. 6. Ethereum is the only crypto network that returns a positive real yield to holders of its native token, ETH. The yield earned by holders (who validate transactions on the network) is earned in the form of user fees. 7. Ethereum has over 111 million non-zero wallet addresses. It has over 800 thousand validators worldwide. And it has the largest crypto exchange in America (110 million verified users) building scaling solutions on it. 8. Ethereum (and public blockchains broadly) are introducing the concept of digital property rights to the internet. An abstract concept that has profound implications in the long-term. 9. Ernst & Young recently launched a privacy-focused layer 2 network within the public Ethereum network — designed to onboard enterprises. Per Paul Brody, "Ethereum is to business ecosystems as ERP is to enterprises" The team forecasts over 4 billion transactions per day for automotive supply chain use cases alone. 10. Ethereum is scaling and developing in a very similar manner as the internet did. YouTube, SaaS, Zoom, E-Commerce, and Social Media were not possible before broadband. Emerging layer 2 solutions are just gaining adoption which should enable a host of new applications previously unthinkable. ---- The Q4 update of *The Ethereum Investment Framework* will be published next Wednesday. We cover these concepts as well as every important KPI/metric going back to network inception using data from Token Terminal — the leading onchain data provider for institutions. If you'd like to receive a copy when it's published, see the first comment. h/t Caleb & Brown

The overall tech sector is presently on a boom with blockchain-based Web3 making an entry across verticals. In a fresh development, G - https://lnkd.in/gnY83z8r

Luganodes is now live on ZetaChain mainnet! Securely stake your $ZETA tokens through our trusted custodial partner, BitGo, while using Luganodes' secure and reliable staking infrastructure🛠️🔐 Let's dive into how Zetachain revolutionizes interoperability👇 Zetachain revolutionizes interoperability in the Web3 ecosystem, connecting applications across various blockchains. With its permissionless, Proof-of-Stake, and EVM-compatible omnichain Layer 1, it's setting new standards for cross-chain functionality. Tired of fragmented liquidity and clunky user experiences across different blockchains? Zetachain's unique omnichain protocol eliminates these issues, offering a unified platform for developers and users alike. Zetachain's interoperability advantages are unparalleled 👇 1⃣️ No bridging or wrapping, reducing risks associated with cross-chain applications. 2⃣️ Native smart contracts for secure cross-chain DeFi and NFT collections. 3⃣️ EVM compatibility for leveraging Ethereum's security and network effects. Network Architecture ZetaChain's network architecture comprises core validators, observer validators, and TSS signer validators, offering an omnichain building environment for smart contract developers with minimal attack vectors. 🧑💻️ Core Validators: Provide consensus to ZetaChain’s Layer 1 protocol. 👀 Observer Validators: Observe actions on connected blockchains and send relevant events to core validators. 📝 TSS Signer Validators: Enable ZetaChain to write/sign transactions from core validators onto connected chains in a decentralized way. The Token 1⃣️ $ZETA token is the first native asset and staking token on ZetaChain. 2⃣️ Initial total supply: 2,100,000,000. 3⃣️ Staking $ZETA: ZETA holders can stake to a validator’s address and receive staking rewards, contributing to the security of the network. Staking Parameters 1⃣️ Slashing: Enabled based on Cosmos SDK standards. 2⃣️ Withdrawal Period: 21 days. 3⃣️ Payouts Period: Every 21 days. 4⃣️ Staking Rewards Rate: TBD – accrued at a fixed rate proportionally to amount of tokens staked 5⃣️ Block Time: 5 seconds. Luganodes offers users state of the art Web3 infrastructure for staking within BitGo's secure ecosystem. Experience one-click staking with Luganodes as a select validator. 📚 Learn more: https://lnkd.in/gu7wPZDP Governance on Zetachain is in the hands of ZETA token holders, enabling them to propose and vote on network changes. With Luganodes validators now live on mainnet, join us in shaping the future. Stake your $ZETA tokens today! https://lnkd.in/gREMA6DV