Wegen Problemen mit der französischen Finanzaufsicht stellt die große Kryptobörse Binance zunächst ihren Betrieb in Frankreich ein, will jedoch später wieder in den Markt zurückkehren.
Montenegro bestätigt Auslieferung von Do Kwon nach Südkorea
Nach langem Rechtsstreit ist nun klar, dass der Terra-Chef Do Kwon in seine Heimat nach Südkorea ausgeliefert wird.
Top Microsoft Engineer Predicts Blockchain Vertical Upscale: Which Industries Might Lead the Charge?
- Chris Li predicts blockchain will shift from horizontal to vertical scaling soon.
- Vertical scaling could enhance efficiency in online casinos and improve user experience.
- Advanced solutions like atomic swaps may replace wrapped assets, preserving decentralisation.
Chris Li, a former Microsoft engineer and the founder and CTO of Ava Protocol, has made a bold prediction for the future of blockchain technology.
According to Li, the focus of blockchain development is set to shift from horizontal scaling towards vertical scaling within the next five years. This transition is anticipated to redefine how various industries utilise blockchain technology, particularly in terms of efficiency, user experience, and decentralisation.
Horizontal scaling solutions reach saturation
Horizontal scaling, which involves increasing the number of nodes or expanding network capacity, has been the primary method for improving blockchain performance. However, Li suggests that this approach has reached its limits.
The saturation of horizontal scaling solutions, such as Ethereum’s layer-2 solutions and zk-rollups, indicates a pressing need for new strategies.
Vertical scaling, on the other hand, aims to enhance the capabilities of individual transactions, making them faster and more cost-effective while maintaining decentralisation.
Online gaming set to benefit significantly from vertical scaling
One industry poised to benefit significantly from vertical scaling is online gaming, specifically online casinos.
The integration of blockchain technology in online casinos has already shown promise in terms of transparency, security, and fair play.
Vertical scaling could further revolutionise this sector by enabling more complex transactions and interactions within gaming platforms. Enhanced smart wallets and multi-signature solutions could streamline the user experience, making it easier for players to manage their assets and engage in secure, instant transactions.
Li highlighted the limitations of wrapped digital assets, which, despite their utility in bridging assets across different blockchains, reintroduce centralisation risks and trust dependencies.
For online casinos, this means that the current reliance on custodians for asset management could be replaced by more decentralised solutions such as atomic swaps and cross-chain bridges.
These technologies promise to preserve the decentralised ethos of blockchain while enhancing functionality and security.
Balancing between security, scalability and decentralisation
Moreover, vertical scaling could address the blockchain trilemma — balancing security, scalability, and decentralisation.
By allocating resources more efficiently and enhancing transaction capabilities, vertical scaling could provide industries like online casinos with robust, scalable solutions that do not compromise on security or decentralisation.
Vertical scaling offers a promising future, transforming how blockchain technology is applied across various sectors and paving the way for more efficient and user-friendly applications.
The post Top Microsoft Engineer Predicts Blockchain Vertical Upscale: Which Industries Might Lead the Charge? appeared first on CoinJournal.
Bitflow integrates swap function into Leather Wallet
- Bitflow integrates its swap function into the Leather wallet for 370,000 users.
- The partnership enhances user experience and broadens Bitcoin DeFi accessibility.
- Integration guarantees the best swap rates across various DEXs on Stacks.
Bitflow, a decentralized exchange (DEX) that enables users to trade and earn using their Bitcoin, has announced the integration of its swap function into Leather Wallet, a leading Bitcoin ecosystem wallet.
This partnership simplifies asset swapping on Stacks for over 370,000 Leather wallet users, removing barriers to deeper engagement with decentralized finance (DeFi).
The integration promises to expand the user base and foster greater adoption and innovation within the Bitcoin Layer 2 (L2) ecosystem.
Unlocking new opportunities for Bitcoin L2 Stacks
The integration of the Bitflow Swap function in Leather marks a significant step forward in enhancing user accessibility and engagement with Bitcoin L2 Stacks.
By enabling seamless asset swaps, Bitflow is opening the door for a broader audience to explore Bitcoin DeFi.
Bitflow leverages technologies such as Runes, Partially Signed Bitcoin Transactions (PSBTs), Atomic Swaps, Layer-2 smart contracts, Stacks Bitcoin (sBTC), and decentralized liquidity pools, unlocking the full potential of Bitcoin.
The integration of Bitflow into Leather Wallet not only broadens its user base but also enhances the utility and accessibility of Bitcoin L2 tokens, promoting greater adoption and innovation in the ecosystem.
Mark Hendrickson, General Manager of Leather, emphasized the wallet’s vision to bridge the gap between the Bitcoin main chain and Bitcoin L2s like Stacks.
Hendrickson has said that Leather aims to be the Bitcoin and Stacks wallet that makes using Bitcoin easy for everyone. He also said that the integration of Bitflow’s SDK into Leather’s native swap interface provides the most scalable, cross-protocol swapping experience, giving Stacks users the convenience of their wallet.
Enhancing DeFi user experience with Bitflow Swap Aggregator
The Bitflow Swap Aggregator is designed to integrate seamlessly with other decentralized applications and wallets through its SDK, enabling effortless token swaps directly within users’ preferred crypto wallets.
This innovation makes it easier than ever for users to swap tokens, enhancing the overall user experience in the DeFi space.
Dylan Floyd, Co-Founder and CEO of Bitflow, highlighted the benefits of this partnership saying that The integration of Bitflow SDK into Leather is a huge win for the in-wallet trading experience and users are guaranteed to get the best rate for swaps across all the DEXs on Stacks.
Floyd also said that the partnership connects fragmented liquidity across Alex, Arkadiko, Bitflow, and Velar, propelling the whole ecosystem forward.
The post Bitflow integrates swap function into Leather Wallet appeared first on CoinJournal.
Gründer der Krypto-Wettplattform Polymarket deutet zukünftige Gebühren an
Polymarket will zunächst die eigene Plattform ausbauen, denkt jedoch bereits über die Einführung etwaiger Gebühren.