Blockchain Archives - Page 21 of 27

Ripple’s Developers Gets Confidence in XRPL’s capacity To Support The XLS-20 Standard For NFTs After Conducting Test.

6Jul

By Cryptolifedigital1 Comment

Blockchain

Ripple’s Developers Gets Confidence in XRPL’s capacity To Support The XLS-20 Standard For NFTs After Conducting Test.

As far back as May, there was a vote in favor of activating the XLS-20 amendment on the XRPL which was done by Ripple's validators. Following the decision of building on the ongoing commitment to XRP Ledger’s good state, Ripple conducted extensive testing to get the XRPL’s capability to support the surplus transaction load brought about by local, on-ledger NFTs at scale. The RippleX also reached the top sustained throughput of 2,199 transactions every second when XRP payments. Read Also: DEA Summer Event To Start Next Week With The Support Of Ripple https://twitter.com/nbougalis/status/1544483208393261060 Test Result More also, the developer's tested NFT throughput by fabricating a million accounts that produced 20 NFTs each. XRP payments and NFT offers alongside NFT minted ...

DEA Summer Event To Start Next Week With The Support Of Ripple

5Jul

By CryptolifedigitalNo Comments

Blockchain

DEA Summer Event To Start Next Week With The Support Of Ripple

As gotten from the Twitter page of Digital Euro Association, DEA on Tuesday, it was stated that Ripple, is one of the sponsors of its summer festival which will start next week. https://twitter.com/DigiEuro/status/1544228345876996096 The DEA focused on contributing to the digital euro discourse through research and education and in February, they gained the support of the payment giant and blockchain firm, Ripple as the only one ranked as a “Supporting Gold Member.” Read Also: XRP Whale Adds a whooping 20T SHIB Bypassing The Light Wallet And SHIB Is Now the top Purchased Among The 1000 Biggest Whales In The Past 24 Hours. “We are excited to join the Digital Euro Association as a supporting partner to further develop our work in the CBDC area. The DEA is working across Europ...

Solana Is Considered Ideal For Athens DAO Because Of Its Cheap Cost And Fast Transaction.

5Jul

By Cryptolifedigital2 Comments

Blockchain

Solana Is Considered Ideal For Athens DAO Because Of Its Cheap Cost And Fast Transaction.

The idealness of Solana for DAO was made known at the Hacker House event organized by Grape, a decentralized social-networking protocol, developers after which a core contributor to Grape, Dean Pappas, said “To experiment in governance and think about all these new ideas, these wacky things, you need very cheap transactions, they need to happen fast, and you need a very good user experience.” Read Also: Cardano's On-Chain Transactions Hit Over 44 Million As It Spiked 5.44% The developers revealed that investment-focused DAO, Athens DAO, considers Solana ideal for Governance and cheap transactions. Compare to the second-largest cryptocurrency, Ethereum, the transaction costs on Solana are low and this has massively supported the high NFT transactions on its network. More also, one...

Ripple Puts UniSwap-AMM Into Consideration In Quest To Bring Better And Faster DeFi potential To XRPL

4Jul

By Cryptolifedigital4 Comments

Blockchain

Ripple Puts UniSwap-AMM Into Consideration In Quest To Bring Better And Faster DeFi potential To XRPL

It is good to note that XLS30d is listed in the XRPLF.ORG GitHub as a proposal that is presently under consideration. Although is not currently an amendment offer being voted on. https://twitter.com/WKahneman/status/1543726964397129729 The whole idea is that the XRPL AMM makes arbitrage faster, with reduced risk, while increasing profits for liquidity providers all while increasing liquidity in the system overall. What Are AMMs It is called automated market markers, they are part of the DeFi ecosystem which allows digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. Raed Also: Columbia Developers In Conjunction With Ripple Introduces The First Land Registry On The XRP Ledger. ...

Columbia Developers In Conjunction With Ripple Introduces The First Land Registry On The XRP Ledger.

2Jul

By Cryptolifedigital3 Comments

Blockchain

Columbia Developers In Conjunction With Ripple Introduces The First Land Registry On The XRP Ledger.

Columbia collaborated with a Ripple-based solution for land registry on July 1st, 2022. This was the first of its kind, it is the first National Land Registry on the XRPL for Columbians and was developed by Peersyst Technology in collaboration with Ripple. It was officially announced on the @peersyst Twitter page, that a team of blockchain developers with the support of Ripple, has introduced the first national land registry on the XRPL. Read Also: WellyDogDAO To Come Live In The Next Two Months: Shiba Inu's Welly Team https://twitter.com/Peersyst/status/1542675101711212547 The solution is implemented based on XRPstamp which will allow the registration of digital assets on XRPL and also verify their authenticity with QRCode. Read Also: Ethereum Whales Has Not Ceased Accum...

Project Catalyst Fund 7 Has Been Concluded, Important Data Collated By Cardano Can Be Inspected.

1Jul

By CryptolifedigitalNo Comments

Blockchain

Project Catalyst Fund 7 Has Been Concluded, Important Data Collated By Cardano Can Be Inspected.

According to the Twitter page, Cardano Blockchain Insight, the Project Catalyst Fund 7 has been concluded, which is the reason the important data collated by Cardano Enthusiasts can be inspected. Important data like the one that allows seeing how many projects were financed and the number of votes collated and cast. From the data, 269 projects got funding in the course of the 7th round. Read Also: Airwallet Extends To New Zealand And Create A Big Opportunity For Ripple(XRP). Over 50,000 wallets were actively disseminating votes on the platform, which is nearly 30% growth since the last founding round. https://twitter.com/InsightsCardano/status/1542630001878630400 Facts About Cardano Catalyst It allows deploying funding to offers that are focused on solving existi...

Airwallet Extends To New Zealand And Create A Big Opportunity For Ripple(XRP).

1Jul

By Cryptolifedigital1 Comment

Blockchain

Airwallet Extends To New Zealand And Create A Big Opportunity For Ripple(XRP).

Airwallet, a fintech firm that joined RippleNet as far back as 2017 extended its payment services to new Zealand. Airwallet is a leading financial services platform. It offers services to businesses as a substitute for conventional banks. Read Also: Grayscale's Offer Of Conversion To ETFs Has Been Refuted By SEC And Grayscale Go For Appeal This was lately announced by the head office in Melbourne, Australia. The company as said earlier joined RippleNet in 2017 and since then, it has given a cost-effective and clear alternative to traditional banks. https://twitter.com/airwallex/status/1541914074472402944 Presently, the new Zealand-based businesses have access to Airwallexs’s service offering, including multi-currency wallets in more than eleven currencies, local payout in ov...

GMT, The Governance Token Of The Web 3.0 Lifestyle App STEPN Spiked 35% In The Last 24 Hours.

26Jun

By Cryptolifedigital1 Comment

Blockchain

GMT, The Governance Token Of The Web 3.0 Lifestyle App STEPN Spiked 35% In The Last 24 Hours.

GMT, the governance token of the web 3.0 lifestyle app STEPN, spiked 35% in the last 24 hours after the developers updated the app and fixed some bugs. The improvements that came as a result of the update include the sneaker NFTs recycling issues with the network introducing a new burning mechanism which made the synthesizing of five same-quality sneakers into a sneaker of the next higher quality possible. Read Also: Goldman Sachs To Buy Celsius' Asset At A Huge Discount To Market Price https://twitter.com/Stepnofficial/status/1539115730620370944 The spike of GMT came after the downtrend of about 81% from its ATH and the reward token is down by 98% in just a space of two months. What Is the STEPN App? The STEPN app is a fitness app that is built on the Solana blockchai...

Ripple Hire 50 Engineers For Its Toronto crypto-based Office.

25Jun

By Cryptolifedigital1 Comment

Blockchain

Ripple Hire 50 Engineers For Its Toronto crypto-based Office.

Recall the tweet shared by the Ripple CEO, Brad Garlinghouse on the decision of the blockchain to hire hundreds of roles around the globe. https://twitter.com/bgarlinghouse/status/1537256062192996353 Ripple, a blockchain provider, and cryptocurrency solutions announced on Thursday the opening of Canada’s office. Despite the ongoing massive selloff and job cuts in the cryptocurrency space, the San Fransisco-based crypto startup is still having an eye on the expansion. Read Also: Shiba Inu Is Up Above 11% At $0.0000115 In The Last 24 Hours And Up Around 41% In The Week Ripple is set to fulfill its plans of hiring hundreds of blockchain developers by hiring 50 engineers for its Toronto base. This will be Ripple’s first Canadian headquarters as they continue to expand throughout...

Ronin, an Ethereum-linked sidechain To Go Live This Coming Thursday After A Major Hack

24Jun

By CryptolifedigitalNo Comments

Blockchain

Ronin, an Ethereum-linked sidechain To Go Live This Coming Thursday After A Major Hack

Ronin, an Ethereum-linked sidechain that hosts the Axie Infinity play-to-earn game, intends to commence its bridge again next week which will make it 3 months after it suffered a $600 million hack. The Ronin March 23rd Hack On March 23, hackers later identified as the North Korean group Lazarus, took control over five out of the nine validator nodes on Ronin, allowing them to steal 173,600 ETH and 25.5 million USDC from the bridge. These funds were that time over $600 million, making it one of the biggest hacks to date. Then, the team has to freeze the exploited bridge and stop Katana, a decentralized exchange on the sidechain. Read Also: Charles Hoskinson Testify At The Present Of The US Congress On The Cryptocurrency Regulation The bridge is set to go live this coming Thursd...