blockchain2.87 min read
IMF Develops Global Platform for CBDCs and Payments Interoperability.
2 years ago•Source: Blockworks
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2.21 min•2 years ago
Ethscriptions: Ethereum's Latest NFT Craze
Ethscriptions, a new protocol for creating NFTs and other digital assets on Ethereum, has been launched by Tom Lehman, co-founder of music website Genius.com. The protocol uses Ethereum "calldata" to allow for a cheaper and more decentralized minting process compared to conventional smart contract-based methods. Users are currently limited to image-only inscriptions, but Lehman says the protocol will allow for different file types to be uploaded in the future. The launch of Ethscriptions garnered almost 30,000 inscriptions within the first 18 hours, with all 10,000 assets of Lehman's debut project, Ethereum Punks, being claimed near-instantaneously.
2.545 min•2 years ago
"Polygon 2.0 Unveils Upgrades and Plans for Global Development"
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Major Companies Collaborate to Launch Global Blockchain Network for Financial Institutions.
Cointelegraph•2 years ago
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Top Finance Giants Collaborate to Launch Revolutionary Global Blockchain Network
Digital Asset has announced the launch of the Canton Network, a privacy-enabled interoperable blockchain network designed to provide a decentralized infrastructure for institutional clients. Participants include BNP Paribas, Deloitte, Cboe Global Markets, Goldman Sachs, Broadridge, S&P Global, and Microsoft, among others. The network connects applications built with Digital Asset's smart-contract language, Daml, allowing various systems in financial markets to interoperate and synchronize. The Canton Network is owned by its participants, which include Digital Asset.
Ethereum's Shanghai Upgrade and Market Entry: Latest Developments.
Bank of America has said that Ethereum's Shanghai upgrade, which allows validators to withdraw staked ether and rewards, is only a small step forward and does not address scalability. The bank sees Ethereum's limited throughput and increasing competition from alternative blockchains as constraints to its adoption and usage. Ethereum's long-term viability depends on the execution of its development roadmap, including the implementation of a sharding approach called Danksharding, which is still years away. The bank expects heightened volatility around the upgrade due to decreased liquidity and derivatives activity.