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A protocol that enables interoperability of blockchains and cross-blockchain transactions.

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Cryptos with Sharding Technology.

4 different currencies, 4 different protocols and 1 single winner: ​ FLETA [FLETA] (PoF) $ 0.011870 USD (+ 1.57%) ​ FLETA.io ​ HARMONY [ONE] (PoS) $ 0.008551 USD (-2.30%) ​ harmony.one ​ Polkadot [DOT] (GRANDPA) $ 151.56 USD (-1.62%) ​ polkadot.network ​ Zilliqa [ZIL] (PoW+BFT) $ 0.007037 USD (-1.47%) ​ zilliqa.com ​ source: CoinMarketCap.com @ 3:47 a. m. UTC.

Buterin “Fine” With Polkadot Borrowing Ethereum’s Code

Many tech companies jealously guard their inventions, but there are few secrets in the blockchain space. Vitalik Buterin says it is “fine” for Polkadot (DOT) or other rival blockchains to borrow from Ethereum’s technical implementations and code. The Ethereum co-founder said that an open developer space will allow ETH developers to benefit from Polkadot, as well as vice versa.  Speaking at an event on Monday night, Buterin invited Polkadot developers to “use our stuff.” During a forty-five minute talk, Buterin went into detail about some of the technical aspects of Plasma – the layer-two solution that allows developers to build dApps off-chain without compromising security. “Polkadot’s definitely free to use anything interesting that we’ve come up,” Buterin said, in a response to a question from Crypto Briefing. Sharing technology supports the idea of “an open internet, which makes open collaboration compulsory, which is great for humanity,” he added. The founder of Polkadot, Gavin Wood, was one of the co-founders of Ethereum and was the first CTO of the Ethereum Foundation. He left the Foundation to start work on Polkadot in 2016. Polkadot is designed to “enable a completely decentralized web,” connecting otherwise separate networks with shared security and a series of parachains which can share information and transact with one another. There are also plans to create bridges between the Polkadot ecosystem and other chains, like Ethereum. “The future holds many blockchains,” says Peter Mauric, Head of Public Affairs at Parity Technologies, Polkadot’s core developer company. “[D]eveloping Web 3.0 is not a zero-sum game – we must all learn from each other and improve if we are going to deliver an internet that is fairer and more open for all.” Polkadot is one of the most anticipated blockchains. The Web3 Foundation, the main organization behind the project, has been pushing for a valuation of over a billion dollars, according to the Wall Street Journal. These attempts have reportedly been unsuccessful so far. Ethereum has also benefited from the work of other projects in the past, Buterin noted. “We’ve used and benefited quite a bit from Dfinity’s work on BLS signatures,” he added, as well as “from just watching Cosmos launch a PoS chain and seeing what the successes and what the issues have been.” But there may be more going on between Polkadot and Ethereum than a shared desire for a free internet. During Berlin’s Web3 Summit back in August, this journalist was kicked out of the press room after it was requisitioned for a private tête-à-tête between Wood and Buterin. At the time, a Parity spokesperson said the two were using the opportunity for a long-awaited catch-up. That could well be true. But Polkadot is set to launch later this year, only a few months before the scheduled launch of Ethereum 2.0 in 2020. As both projects approach a high-profile launch, the rivals may have more to discuss than shared ideals.   The post Buterin “Fine” With Polkadot Borrowing Ethereum’s Code appeared first on Crypto Briefing.

Co-founder of Ethereum, Gavin Wood to Make First Stage Appearance in Korea

Coinspeaker Co-founder of Ethereum, Gavin Wood to Make First Stage Appearance in KoreaFrom co-founding Ethereum with Vitalik Buterin, to leading the global blockchain community, Gavin Wood has played an immense role in the field of blockchain. On September 27th, Wood is set to make his first stage appearance at the ‘Korea Blockchain Week (KBW 2019)’. His arrival at the event will also mark his first official visit to Korea.FactBlock, a global blockchain project-specializing accelerator, has revealed that it will be hosting Asia’s largest blockchain weekly event, ‘Korea Blockchain Week 2019 (KBW 2019)’, from September 27th to October 4th.Blockchain Industry Mogul Gavin Wood, Nick Szabo, and Adam Back to Gather in SeoulGavin Wood will be kicking off his keynote speech at the main event of KBW 2019 known as ‘D.FINE’. Gavin Wood founded Ethereum with Vitalik Buterin back in 2013, and as the CTO of Ethereum contributed massively to Ethereum’s growth as a leading player in Altcoin, by helping develop Solidity and authoring the Polkadot paper.After stepping off from the Ethereum Foundation in 2015, he has been making his own moves by establishing the Web3 Foundation as well as blockchain technology firm Parity Technologies.Leading figures of the blockchain industry such as Nick Szabo, the ‘father of cryptocurrency’, known for devising the concept of smart contracts, and Adam Back, the inventor of the proof-of-work algorithm, along with Silvio Micali, the founder of Algorand, an encryption block based on the PoS algorithm will join Gavin Wood at KBW 2019.In addition, Wikipedia co-founder Larry Sanger, Kabam & Forte co-founder Kevin Chou, Fundstrat’s Thomas J. Lee, Hashed CEO Simon Kim, and Terra CEO Daniel Shin along with 30 more big figures of the global blockchain industry will join forces to hold heated discussions on the present situation of domestic and foreign blockchain technology and touch upon a variety of subjects, including the direction on development and regulatory innovations.“An Opportunity to Delve into the Present and Future Outlook of the Blockchain Industry”A crucial factor of D.FINE, held from September 30th to October 1st at the Grand Intercontinental Seoul Parnas, is that it will be the first Korean conference to be hosted by leading Korean media conglomerates such as Korea JoongAng Daily, Hankyoreh, The Seoul Economic Daily, The Financial News, and Block Media, alongside co-hosts FactBlock, Hashed, and Cointelegraph Korea.Moreover, D.FINE is sponsored by major cities, Seoul and Busan.FactBlock, the organizer of KBW2019, wants to introduce a convention that strays from the old, where “instead of a symposium-oriented event, a variety of new events will take place during the conference; such as in-depth panel discussions, meetups and parties to provide networking among participants, as well as blockchain related booths and games”.Co-founder of Ethereum, Gavin Wood to Make First Stage Appearance in Korea

Pantera Capital Invests In Polkadot And Three Other DLT Projects

Hedge fund and investment firm, Pantera Capital has invested in Polkadot and at least three other scalability-focused projects. Others that have been adopted by Pantera include Filecoin, Origin and BloXroute according to a report by Forex Crunch on Thursday. All four projects are distributed ledger technology-focused (DLT) firms and the aim of the collaboration is to solve major scalability problems faced in the crypto space. If things work out as planned, then the projects are likely to be launched before the end of 2019 according to Dan Morehead, the CEO of Pantera Capital. He said, “These technologies and apps aren’t developed overnight. The reality is that investing in them is like early-stage venture but with a real-time price feed”. Additional Robustness to Pantera Capital’s Blockchain Infrastructure Morehead, speaking on the possibility that this collaboration might bring scalability solutions, admitted that blockchain technology is a major tool for developmental transformation of financial sectors operating in this present century. Although blockchain brings opportunities of massive innovation to several sectors, it also exhibits a major yet-to-be-solved issue of scalability. In Dan’s words, “We have been supporting them since their earliest stages of development and are excited to see working products ship. Not only will this bring more liquidity to our ICO funds, but also bring additional robustness to blockchain infrastructure.” Blockchain Scalability Issue Attracts Synergistic Actions While Pantera Capital is an investment firm experienced in both traditional finance and emerging blockchain technology, Polkadot makes its own unique contribution by developing a technology that would make use of relay chains and parachains to connect separate blockchain networks, thereby enabling cross-chain communications with zero friction. Origin, on the other hand, will be focused on building a protocol that will facilitate the operations of decentralized marketplaces on the Ethereum smart contracts networks, ensuring direct connection between buyers and sellers. By using the Ethereum blockchain to eliminate the need for third parties that charge up to 30% commissions on transactions, Origin can bring about massive cost savings for the transacting parties. According to Origin, “The total addressable market within the sharing economy model is huge and so are the fees charged by the middlemen in control: Uber, Lyft, Airbnb and others. Eliminating these entities would reduce costs for both the buying and selling parties.” The post Pantera Capital Invests In Polkadot And Three Other DLT Projects appeared first on Coingape.

Pantera Capital Invests in Four Scalability-Focused DLT Projects

Pantera Capital, a distributed ledger technology (DLT) focused investment firm and hedge fund has adopted four blockchain projects aimed at solving the age-long scalability problems of the cryptoverse. The projects include Polkadot, BloXroute, Origin, and Filecoin, reports Forex Crunch on August 29, 2019. Pantera Capital Focused on Eliminating Scalability Issues  Of a truth, blockchain technologyRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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Gavin Wood Launches Its Experimental Network Kusama, A Testnet For Polkadot

The developers of Web3, the company behind the Polkadot protocol, have recently finished the testnet for the blockchain protocol. According to Gavin Wood, one of the main developers who are working on the program, the project, which is called Kusama, is already available. Kusama will be an unaudited and experimental version of Polkadot and it […]
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Token Swap: Tether Announces Token Burn Of Over 400 Million USDT

Tether has shared a piece of information about a forthcoming token burn which according to announcement would take place shortly. According to a tweet from their official Twitter handle, Tether plans to shortly move 400 million Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. Tether will shortly move 400m Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. — Tether (@Tether_to) September 16, 2019 Tether Minted 300 million USDT Few Days Ago Few days ago, Tether took to Twitter to inform its users that it was coordinating with a third party to perform a chain swap. This was planned in order to convert some tokens from their original Omni to an Erc 20 protocol. At the time of the initial announcement, 300 million Tether USDt was announced to have been minted for the swap. However, these conversions took place few days ago as Tether promised the token swap wouldn’t disrupt the total supply. In few hours Tether will coordinate with a 3rd party to perform a chain swap (conversion from Omni to ERC20 protocol) for 300M USDt. Tether total supply will not change during this process. — Tether (@Tether_to) September 12, 2019 Whale Alert, a twitter account dedicated to alerting the community of big cryptocurrency transactions, noted the coinage described above in a tweet published on Sept. 12. As per a second tweet submitted as an answer to the first one, Whale Alert offered an explanation of the type of transaction: “This USDT mint is part of a swap. The corresponding burn on Omni has not taken place yet.” And finally, Tether is burning the Omni Tether that was already converted to ERC20. Until now, no token burn has taken place on Omni blockchain. In July, it was reported that Tether accidentally minted and burned 5 million USDT tokens. However, Tether long-standing controversy about issues relating to transparency and market manipulation. The post Token Swap: Tether Announces Token Burn Of Over 400 Million USDT appeared first on Coingape.

Zero-Knowledge Proof Solution from QEDIT Implemented Into Kaleido Blockchain For Transaction Privacy

Kaleido, a startup blockchain solution from ConsenSys Venture Studio has gone on record to become the first blockchain platform to implement the zero-knowledge proof solution from QEDIT—the crypto private company. A Non-compulsory Feature On September 13th, 2019 QEDIT shared a paress released with Cointelegraph where it stated that the partnership it had developed with Kaleido […]
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Cryptocurrency Exchange OKEx Korea Removes Privacy Altcoins

According to an official announcement made by the South Korean branch of OKEx, the popular exchange will delist five privacy coins as early as October 10, 2019. Complications for Privacy Coins Trading of Monero (XMR), Dash (DASH), ZCash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on OKEx Korea will be suspended on October 10, 2019,Read MoreRead More. The post by Edoardo Vecchio appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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