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🌐⛓️ EOS: A Scalable and Flexible Blockchain Platform 🚀💡 Introduction and Purpose: Scalable Blockchain Solution: EOS is a blockchain platform designed to provide a scalable and flexible infrastructure for decentralized applications (dApps). Launched with the aim of overcoming the scalability limitations of previous blockchain networks, EOS offers high throughput, low latency, and customizable features for developers. Delegated Proof-of-Stake (DPoS): EOS operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism, which enables fast transaction processing and efficient resource allocation. Through DPoS, EOS achieves consensus among network participants while maintaining decentralization and security. Technology and Features: Parallel Processing: EOS employs parallel processing to handle multiple transactions simultaneously, improving network scalability and performance. By leveraging multiple CPU cores and executing transactions in parallel, EOS can achieve high throughput without sacrificing security or decentralization. Resource Management: EOS introduces a resource allocation model that allows users to access network resources, such as CPU and bandwidth, based on their stake in the network. This resource management system ensures fair and efficient utilization of network resources, preventing congestion and prioritizing high-value transactions. Implementation and Use Cases: Decentralized Applications (dApps): EOS serves as a platform for the development and deployment of decentralized applications (dApps) across various industries, including finance, gaming, and social networking. Developers can leverage EOS' scalable infrastructure and customizable features to create innovative dApps with seamless user experiences. Decentralized Finance (DeFi): EOS facilitates the creation of decentralized finance (DeFi) applications that enable financial services such as lending, borrowing, and trading without intermediaries. DeFi platforms built on EOS offer users access to a wide range of financial products and services in a trustless and transparent manner. Category: Layer 1 Date of launch:June 1, 2018 Founder:Brendan Blumer and Daniel Larimer Link to the CoinMarketCap:https://lnkd.in/ead_rNhA Link to the Website:https://lnkd.in/eiJcwQMR 🚀⛓️ #EOS #Blockchain #Scalability @EOSIO @PomeloGrants @qwiklabs

🌐⛓️ EOS: A Scalable and Flexible Blockchain Platform 🚀💡 Introduction and Purpose: Scalable Blockchain Solution: EOS is a blockchain platform designed to provide a scalable and flexible infrastructure for decentralized applications (dApps). Launched with the aim of overcoming the scalability limitations of previous blockchain networks, EOS offers high throughput, low latency, and customizable features for developers. Delegated Proof-of-Stake (DPoS): EOS operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism, which enables fast transaction processing and efficient resource allocation. Through DPoS, EOS achieves consensus among network participants while maintaining decentralization and security. Technology and Features: Parallel Processing: EOS employs parallel processing to handle multiple transactions simultaneously, improving network scalability and performance. By leveraging multiple CPU cores and executing transactions in parallel, EOS can achieve high throughput without sacrificing security or decentralization. Resource Management: EOS introduces a resource allocation model that allows users to access network resources, such as CPU and bandwidth, based on their stake in the network. This resource management system ensures fair and efficient utilization of network resources, preventing congestion and prioritizing high-value transactions. Implementation and Use Cases: Decentralized Applications (dApps): EOS serves as a platform for the development and deployment of decentralized applications (dApps) across various industries, including finance, gaming, and social networking. Developers can leverage EOS' scalable infrastructure and customizable features to create innovative dApps with seamless user experiences. Decentralized Finance (DeFi): EOS facilitates the creation of decentralized finance (DeFi) applications that enable financial services such as lending, borrowing, and trading without intermediaries. DeFi platforms built on EOS offer users access to a wide range of financial products and services in a trustless and transparent manner. Category: Layer 1 Date of launch:June 1, 2018 Founder:Brendan Blumer and Daniel Larimer Updated Data from March 2024: Volume:$162,823,491 Current Price:$1.09 Link to the CoinMarketCap:https://lnkd.in/e5f9bJGN Link to the Website:https://lnkd.in/ef6qYdEv 🚀⛓️ #EOS #Blockchain #Scalability @EOSIO @PomeloGrants @qwiklabs

💡 Sony is expanding into the Web3 space through its subsidiary, Sony Block Solutions Labs, which is developing Soneium, an Ethereum Layer-2 blockchain. Soneium aims to bridge the gap between Web2 and Web3, making decentralized technology more accessible and user-friendly for mainstream adoption. 🔷 Soneium is a public blockchain leveraging Ethereum’s Layer-1 for efficient transactions. Built on the OP Stack and Superchain from Optimism, it is EVM-compatible and currently has a fully functioning testnet. 🔷 Sony’s long-term goal in Web3 is to build a thriving ecosystem for decentralized solutions, driving mainstream adoption and addressing real-world challenges. Sony plans to position Soneium as a key player in the Web3 landscape, with a focus on innovation, scalability, and usability. 👇 Read more about Soneium on our Blog: https://lnkd.in/eJsZfzzn

NUBIT UNVEILS 'NUPORT' ALONGSIDE PARTNERSHIP WITH SUCCINCT LABS - Nubit_org has just now announced a key partnership with SuccinctLabs which will be pivotal in the construction of the newly-introduced ‘Nuport’. Nuport: an interface designed to connect Nubit DA with various blockchain ecosystems. - The product will use Succinct’s ‘SP1’ which, put simply, is a cutting edge zero-knowledge virtual machine (zkVM) allowing “any developer to create real-world ZKP applications by simply writing Rust”. - The creation and implementation of Nuport will see Nubit’s crucial infrastructure proliferate across the industry, including to the $TON, $SOL, $BTC, $ETH ecosystems, and more. “This support allows high-throughput applications on any blockchain to benefit from Bitcoin-secured and scalable data availability”, reads an official blog post. - In the spirit of blockchain innovation, Nuport will be made fully open-source and accessible and its use of Succinct SP1 will provide a high degree of adaptability to the ever-shifting crypto landscape. “By validating Nubit block headers with ZK proofs, Nuport inherits Nubit’s security guarantees, offering Bitcoin-secured data availability across any blockchain. This ensures a high level of trust and security while maintaining scalability and efficiency” - Nubit itself is backed by Polychain Capital, MH Ventures, and a swathe of other leading Web3 VCs, which support its vision of leveraging Bitcoin’s fundamental security to support a landscape of key Web3 applications. - The project is furthermore founded by legendary UCSB professor, Yu Feng - captain8299. Image: Nubit

🚀 Exciting News from CV Labs! We are thrilled to announce our strategic partnership with the DFINITY Foundation, creators of the Internet Computer Protocol (ICP). Read more about the partnership below 👇 After a long-standing working relationship between ICP and CV Labs, we have decided to make it official! This collaboration marks a significant milestone in our mission to drive blockchain innovation and utility Together, we aim to accelerate the development of decentralized services worldwide. By combining CV Labs' robust ecosystem with ICP's cutting-edge blockchain technology, we're paving the way for a more interoperable and sustainable decentralized future ICP will also join us as a leading partner for CV Summit 2024 and Web3 Hub Davos 2025. We will also strengthen our collaboration for the CV Labs Accelerator, bringing even more resources and opportunities to startups and developers 🤝 "Partnering with CV Labs is a natural fit for DFINITY. Their commitment to nurturing blockchain innovation aligns perfectly with our vision of a decentralized internet." - Tracy Trachsler, Head of Institutional Relations, DFINITY Foundation Read more about how this partnership will empower the global blockchain community: https://lnkd.in/e5MgGSzG #Blockchain #CryptoValley #Partnership

Ready for a revolution in the Ethereuem space? 💹 Imagine a protocol that has already drawn billions in consumer deposits even before going fully live — welcome to the world of EigenLayer! This innovative Restaking Protocol has just launched on the Ethereum mainnet 🚀, promising transformative changes that could redefine blockchain security. But it doesn't stop there - now meet EigenDA, the data availability solution running on top of EigenLayer taking the game to the next level. It's a tech breakthrough set to shake up our understanding of Ethereum security. But with great innovations come important questions; how will this potentially disrupt the current Ethereum security model? Swift growth and high-value backing hint at the investor confidence, but the community does express necessary caution. One thing is certain; we're on the brink of a restaking revolution. Stay tuned for an exciting ride! #Ethereum #Restaking #EigenLayer #BlockchainSecurity #MainNetLaunch

scalability solutions, ZERONE is at the forefront of pushing the boundaries of blockchain technology. The roadmap highlights a series of planned upgrades to enhance the platform's efficiency, security, and overall user experience. One key aspect of ZERONE's forward-looking strategy is the integration of cutting-edge consensus mechanisms. The platform recognizes the importance of staying ahead in the rapidly evolving blockchain landscape, and this commitment is reflected in the adoption of novel consensus protocols that aim to improve transaction speed, reduce energy consumption, and bolster network security. Scalability is another focal point on ZERONE's roadmap. The platform is keen on addressing the challenge of scaling blockchain networks to accommodate a growing user base without compromising performance. By exploring innovative scalability solutions, ZERONE aims to create a more robust and user-friendly ecosystem, capable of handling increased transaction volumes and supporting a diverse range of decentralized applications. Interoperability is not overlooked in ZERONE's ambitious plans. Recognizing the interconnected nature of the blockchain space, the roadmap outlines initiatives to enhance compatibility with other blockchain networks. This emphasis on interoperability aims to foster collaboration and seamless communication between different decentralized ecosystems, promoting a more interconnected and efficient blockchain landscape. The roadmap also highlights ZERONE's commitment to community engagement and feedback. Regular updates and improvements are driven by user input, ensuring that the platform evolves in tandem with the needs and expectations of its user base. Community-driven development is a cornerstone of ZERONE's approach, fostering a sense of collective ownership and participation in the platform's growth. In conclusion, ZERONE's roadmap is a dynamic blueprint that navigates the intricate terrain of blockchain evolution. From technological advancements to scalability solutions and community-driven development, ZERONE is poised to carve a path towards a more sophisticated and inclusive blockchain future. As the journey unfolds, users and enthusiasts can anticipate a series of exciting milestones that showcase ZERONE's dedication to pushing the boundaries of what blockchain technology can achieve. #zeronedec

🚀 Celebrating 5 Years of XDC Network! 🎂🎉 Today, on June 1, 2024, we mark a significant milestone – 5 years since the launch of #XDCNetwork's mainnet! 🌟 Our journey has been one of resilience, growth, and unwavering commitment. 🙏 To our incredible Node operators, vibrant XDC community, robust ecosystem, $XDC token holders, and valued partners – thank you. Your support, belief, and hard work have been the backbone of our success. 💪 Together, let's keep building, innovating, and transforming the worlds of RWA, DePin, Trade Finance, Gaming, De-Fi/Staking, AI, and beyond with XDC Network. Your support means everything to us. Let's forge a decentralized future, hand in hand. XinFin Powering XDC Network XDC Foundation XDC Dev Center Atul Khekade Tadashi Yoshida Chen Shanlong Rebecah Dausen Billy Sebell Dustin Sebell Can I. Sonny Mohanty Aneri Merchant Thibault Delrue André Casterman Read more about our journey and achievements here: https://lnkd.in/dsdyjfWF #XDCTurns5 #XDCNetwork #WeAreXDC #ThankYouXDCCommunity #Layer1 #Blockchain #CryptoInnovation #JoinTheRevolution #XDCGrowth 🚀

#Topics Jiritsu Secures $10.2 Million to Champion Verifiable Computing [ad_1] Decentralized protocol for verifiable computing startup, Jiritsu, secured a $10.2 million in funding round led by gumi Cryptos Capital with participation from Susquehanna Private Equity Investments, LLLP, and Republic Capital, among others. The new funding will be used to accelerate Jiritsu’s efforts to redefine blockchain solutions and deliver Unlimited Verifiable Compute (UVC) technology. To date, the startup’s technology has generated 4 million Proof of Workflow (PoWF) and is rapidly establishing new industry benchmarks. Jiritsu specializes in the development of UVC through the use of advanced Multi-Party Computation, creating a state-of-the-art, programmable decentralized network. This network is designed to orchestrate and verify any computational workflow. It integrates various technological layers such as L1, L2, and Middleware, and is structured to evolve. Jiritsu’s technology, powered by easily programmable Virtual Machines, operates on an OS powered by computational engines, delivering PoWF and facilitating the verification of computational workflows in a secure and optimized manner. They utilizes proprietary, decentralized, composable nodes that can be easily config...