Posts

Showing posts from April, 2021

Russian News Outlet Calls for Crypto Donations as Kremlin Cracks Down on Media

Image
Meduza, one of Russia's leading independent news organizations, called for donations in fiat, bitcoin, ether and BNB after Russian authorities labeled it a "foreign agent" last week. The label, basically marking Meduza as an "enemy of the state," can hurt its ability to contact sources and report news, the team said in a statement. "They are trying to kill Meduza," the team said in another editorial statement. "The Ministry of Justice deemed us a 'foreign agent.' As a result, we lost our advertisers. It means that our funds are running out. Right now." On April 23, the Russian Justice Ministry designated Meduza as a foreign agent, which means the journalists will have to mark every article they write as published by a foreign agent. They will also have to submit detailed financial reports every quarter. According to the editor-in-chief, Ivan Kolpakov, on Monday many advertisers pulled out. Because of the financial urgency, Meduza laun...

As Ether Pushes Ever Higher, Crypto Traders Plot Price in Bitcoin Term

Image
ther (ETH), the native cryptocurrency of the Ethereum blockchain and the second-biggest overall, reached a fresh record high early Wednesday, widening its lead over market leader bitcoin (BTC). The trend looks set to continue, with ETH/BTC (the ether-bitcoin price ratio) breaking out to a multi-year high in a sign of increased capital flow into ether. Ether rose to $2,800, surpassing the peak price of $2,762 reached Wednesday, according to CoinDesk 20 data. The cryptocurrency has rallied by 43% so far this month, decoupling from bitcoin, down 7%. The ETH/BTC ratio has jumped to 2.5-year highs above 0.050, confirming a major bullish breakout on technical charts. "ETH/BTC has broken out after a multi-year consolidation, and the trend looks very strong," Pankaj Balani, co-founder and CEO of the Singapore-based Delta Exchange, said. "There are no further resistances here, and we expect to see ETH/BTC push through 0.10 eventually." The implication is the ongoing capital ...

High-level Overview of Lisk Interoperabilit

Image
We already revealed that the Lisk interoperability solution aims to enable general cross-chain messages. In this blog post, we now explain how this is achieved by providing a high-level overview of the Lisk interoperability solution similar to the online presentation given in the "First Glimpse at Lisk Interoperability" at the Lisk Updates from the Lisk Center, Berlin event from November 2020. Moreover, we can now unveil our updated roadmap that contains all the objectives of the blockchain interoperability phase. Technical Solution Our interoperability solution is based on the paradigm of cross-chain certification introduced in detail in the previous research blog post "Introduction to Blockchain Interoperability". Basically, cross-chain certification means that information from one chain is submitted to another chain utilizing a signed object called a certificate. Let us see more specifically how this will work in the Lisk ecosystem. Cross-Chain Update Transaction...

Neo N3 Official TestNet Launch

Image
After 5 Preview versions, the first release version of Neo N3 (Neo N3 RC1) has been released on 16th March 2021. The most significant upgrade in this version is the integration of NeoFS system into the Oracle module. Numerous improvements and fixes have also been applied in this version for State Root service, Policy native contract, opcodes and etc. NGD will perform the Neo N3 RC1 TestNet upgrade from UTC 6:00AM to 9:00AM, 25th March 2021. The TestNet might be temporarily unstable during this period. We are sorry for any inconvenience caused. The comprehensive list of improvements and optimizations in this version: NeoFS API Completion & Integration into Oracle neofs-api-csharp is now completed and has been integrated into the Oracle plugin in this version. The NeoFS master nodes in this TestNet are now Neo-go nodes by NeoSPCC and will operate as a side chain. Neo nodes will interact with them through the NeoFS API. These Go nodes will be fully migrated to corresponding Neo master...

GET Protocol — The ticket NFT production line

Image
getNFTs are rolling off the production belt! After a full year of focusing on testing locally the first getNFT mints have finally hit the public ledger over the last weeks. Over the last 72 hours more than 35 000+ getNFTs have been minted by GETs 'playground' runner. This runner is only the mocking the back-filling of 120 000 backlogged tickets in our system. The actual back-filling of the tickets will be done if the mocked back-filling is completed. Isn't minting easy? It is. However it isn't the mint that we are testing here. The process of minting and back-filling involves far more complex actions as only the minting transaction. Before a mint transaction is sent to the getNFT contract on-chain a lot has happend in the backend of both the ticketeer as well in GETs servers running the getEngine and getCustody. It is these processes that require attention and monitoring. The diagram below gives a rough overview of what is going on behind the scenes. Diagram showing all...