#ZEC #BIG
ZEC wants to move on PoS from PoW
In a transition of PoW #Zcash to PoS, we’re proposing a Trailing Finality Layer as an interim step. This would create a hybrid consensus protocol before moving to pure PoS.
At Electric Coin Co. (ECC) we’re exploring a transition in Zcash from the current proof-of-work (PoW) consensus to a proof-of-stake (PoS) consensus. We are proposing a step on this path that we call the Trailing Finality Layer (TFL). If deployed, this would be combined with Zcash’s existing consensus; the resulting consensus protocol at that point would be a hybrid of PoW and PoS.
The overall goal is to enable finality and PoS on Zcash in a minimally disruptive manner. Finality is a guarantee that once a block is finalized, that block and the transactions it contains cannot be rolled back. Finality can reduce delays for some use cases (such as centralized exchange deposit wait times) and enable new improvements such as safer cross-chain bridges.
If the TFL approach is adopted by the Zcash community, it could enable some new use cases, such as staking ZEC to earn protocol rewards, while minimizing disruption to existing use cases. Mining is an example of a process that would be impacted in a hybrid model, as mining rewards would be reduced while the rest of mining infrastructure and processes would remain unchanged.
We also aim to minimize disruption to analysis of consensus security, as many of the existing consensus properties remain intact in a hybrid model.
We’ve only begun to define the design of this PoW/PoS hybrid protocol. Many key details remain open questions, as we expand on below. By sharing our approach early in this process, we’re aiming to gather and incorporate feedback as we go, find potential collaborators, and stimulate discussion about this approach.
• ZEC • Twitter
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🪆Перевод
ZEC wants to move on PoS from PoW
In a transition of PoW #Zcash to PoS, we’re proposing a Trailing Finality Layer as an interim step. This would create a hybrid consensus protocol before moving to pure PoS.
At Electric Coin Co. (ECC) we’re exploring a transition in Zcash from the current proof-of-work (PoW) consensus to a proof-of-stake (PoS) consensus. We are proposing a step on this path that we call the Trailing Finality Layer (TFL). If deployed, this would be combined with Zcash’s existing consensus; the resulting consensus protocol at that point would be a hybrid of PoW and PoS.
The overall goal is to enable finality and PoS on Zcash in a minimally disruptive manner. Finality is a guarantee that once a block is finalized, that block and the transactions it contains cannot be rolled back. Finality can reduce delays for some use cases (such as centralized exchange deposit wait times) and enable new improvements such as safer cross-chain bridges.
If the TFL approach is adopted by the Zcash community, it could enable some new use cases, such as staking ZEC to earn protocol rewards, while minimizing disruption to existing use cases. Mining is an example of a process that would be impacted in a hybrid model, as mining rewards would be reduced while the rest of mining infrastructure and processes would remain unchanged.
We also aim to minimize disruption to analysis of consensus security, as many of the existing consensus properties remain intact in a hybrid model.
We’ve only begun to define the design of this PoW/PoS hybrid protocol. Many key details remain open questions, as we expand on below. By sharing our approach early in this process, we’re aiming to gather and incorporate feedback as we go, find potential collaborators, and stimulate discussion about this approach.
• ZEC • Twitter
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🪆Перевод
Electric Coin Company
The Trailing Finality Layer: A stepping stone to proof of stake in Zcash
At Electric Coin Co. (ECC) we’re exploring a transition in Zcash from the current proof-of-work (PoW) consensus to a proof-of-stake (PoS) consensus. We are proposing a step on this path that we call…
#RDNT #BIG
Binance Labs invests $10 million in cross-chain DeFi lender Radiant Capital
Binance Labs, has invested $10 million in Radiant Capital, a lending and borrowing protocol built atop Binance Labs portfolio company, LayerZero Labs, and focused on bridging fragmented liquidity across decentralized finance ecosystems.
This strategic funding round emphasizes Binance Labs' commitment to supporting innovative projects that will lead the next era of DeFi in a chain-agnostic and user-centric manner.
• Binance • The Block
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🪆Перевод
Binance Labs invests $10 million in cross-chain DeFi lender Radiant Capital
Binance Labs, has invested $10 million in Radiant Capital, a lending and borrowing protocol built atop Binance Labs portfolio company, LayerZero Labs, and focused on bridging fragmented liquidity across decentralized finance ecosystems.
This strategic funding round emphasizes Binance Labs' commitment to supporting innovative projects that will lead the next era of DeFi in a chain-agnostic and user-centric manner.
• Binance • The Block
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🪆Перевод
Binance Blog
Binance Blog Articles
This crypto blog aims to provide the latest stories and commentary for crypto enthusiasts. Brought to you by Binance, the world's leading blockchain and crypto ecosystem.
#APT #BIG
Microsoft partners with Aptos Labs to build A.I. tools to help banks explore blockchain integrations on Azure
• Fortune
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🪆Перевод
Microsoft partners with Aptos Labs to build A.I. tools to help banks explore blockchain integrations on Azure
• Fortune
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🪆Перевод
Fortune Crypto
Microsoft partners with Aptos Labs to build A.I. tools that help banks explore blockchain integrations on Azure
The tech giant will also integrate Aptos’s programming language, Move, into GitHub Copilot.
#COIN #US #BIG
Fundamental news... Another confirmation that BTC [PoW] and ETH [PoS] are not securities…
Coinbase Financial Markets, Inc. secures FCM Approval to bring regulated crypto futures trading to eligible US customers
Coinbase Financial Markets, Inc. has secured regulatory approval from the National Futures Association (NFA), a CFTC-designated self-regulatory organization, to operate a Futures Commission Merchant (FCM) and offer eligible US customers access to crypto futures from our platforms.
Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures, on an integrated trading solution for our verified customers.
The global crypto derivatives market represents ~75% of crypto trading volume worldwide and is a critical trader access point.
Such product benefits are why we acquired FairX in 2022, a CFTC-regulated futures exchange now known as the Coinbase Derivatives Exchange. Since then, the exchange has successfully launched nano Bitcoin and Ethereum futures contracts, sized for the retail investor, and on June 5, launched larger versions for the institutional market. The Coinbase Derivatives Exchange is open to third-party brokers, FCMs, and market makers. It has established a deep liquidity pool with $4.7bn BTC and $2.0bn ETH futures traded in notional volume so far in 2023.
• COIN
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🪆Перевод
Fundamental news... Another confirmation that BTC [PoW] and ETH [PoS] are not securities…
Coinbase Financial Markets, Inc. secures FCM Approval to bring regulated crypto futures trading to eligible US customers
Coinbase Financial Markets, Inc. has secured regulatory approval from the National Futures Association (NFA), a CFTC-designated self-regulatory organization, to operate a Futures Commission Merchant (FCM) and offer eligible US customers access to crypto futures from our platforms.
Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures, on an integrated trading solution for our verified customers.
The global crypto derivatives market represents ~75% of crypto trading volume worldwide and is a critical trader access point.
Such product benefits are why we acquired FairX in 2022, a CFTC-regulated futures exchange now known as the Coinbase Derivatives Exchange. Since then, the exchange has successfully launched nano Bitcoin and Ethereum futures contracts, sized for the retail investor, and on June 5, launched larger versions for the institutional market. The Coinbase Derivatives Exchange is open to third-party brokers, FCMs, and market makers. It has established a deep liquidity pool with $4.7bn BTC and $2.0bn ETH futures traded in notional volume so far in 2023.
• COIN
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🪆Перевод
Coinbase
Coinbase Financial Markets, Inc. secures FCM Approval to bring regulated crypto futures trading to eligible US customers
Coinbase Financial Markets, Inc. has secured regulatory approval from the National Futures Association (NFA).
#grayscale #SEC #BIG
US FEDERAL APPEALS COURT RULES US SECURITIES AND EXCHANGE COMMISSION WAS WRONG TO REJECT APPLICATION FROM GRAYSCALE FOR SPOT BITCOIN ETF
• Doc • grayscale
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🪆Перевод
US FEDERAL APPEALS COURT RULES US SECURITIES AND EXCHANGE COMMISSION WAS WRONG TO REJECT APPLICATION FROM GRAYSCALE FOR SPOT BITCOIN ETF
• Doc • grayscale
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🪆Перевод
www.docdroid.net
D.C.-Cir._22-1142_01208547571_0.pdf
USCA Case #22-1142. Document #2014526. Filed: 08/29/2023. Page 1 of 1. United States Court of Appeals FOR THE DISTRICT OF COLUMBIA CIRCUIT. No. 22-1142. September Term, 2022 FILED ON: AUGUST 29, 2023. GRAYSCALE INVESTMENTS, LLC, PETITIONER v. SECURITIES AND…
#ASTR #BIG
Probably the biggest announcement we made so far. I am extremely excited to announce that Sony is going to make Sony's blockchain together with @StartaleHQ, a spin-off company from @AstarNetwork through the joint venture between us. This can be the game changer in web3, and here is why.
First, Coinbase's Base is very successful so far. Can you imagine what happens if Sony, 6 times bigger company than Coinbase launches their platform with Web3 Ways?
Second, with its involvement across Sony Group's diverse business segments such as game and network services, music, pictures, entertainment technology and services, imaging and sensing solutions, and financial services, the new company will aim to provide value-added services in various business arenas.
I am also excited to become one of the directors at the joint company. I will do my best to make both Astar and Sony's chain as useful as possible. If you are interested in collaborating with us, please feel free to text me.
• ASTR
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🪆Перевод
Probably the biggest announcement we made so far. I am extremely excited to announce that Sony is going to make Sony's blockchain together with @StartaleHQ, a spin-off company from @AstarNetwork through the joint venture between us. This can be the game changer in web3, and here is why.
First, Coinbase's Base is very successful so far. Can you imagine what happens if Sony, 6 times bigger company than Coinbase launches their platform with Web3 Ways?
Second, with its involvement across Sony Group's diverse business segments such as game and network services, music, pictures, entertainment technology and services, imaging and sensing solutions, and financial services, the new company will aim to provide value-added services in various business arenas.
I am also excited to become one of the directors at the joint company. I will do my best to make both Astar and Sony's chain as useful as possible. If you are interested in collaborating with us, please feel free to text me.
• ASTR
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🪆Перевод
X (formerly Twitter)
Sota | Soneium + Astar 💿 (@WatanabeSota) on X
Probably the biggest announcement we made so far. I am extremely excited to announce that Sony is going to make Sony's blockchain together with @StartaleHQ, a spin-off company from @AstarNetwork through the joint venture between us. This can be the game changer…
#MATIC #BIG
#POL already on Bybit, soon on Binance…
Breaking News: The $POL Token Splash is Here!
• Bybit
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🪆Перевод
#POL already on Bybit, soon on Binance…
Breaking News: The $POL Token Splash is Here!
• Bybit
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🪆Перевод
Telegram
Bybit Announcements
🌟 Breaking News: The $POL Token Splash is Here!
🤩 We can hardly contain our excitement! Bybit is launching the ($POL) token with a juicy prize pool of 80,000 $POL up for grabs!
👀 Stay tuned for the latest updates!
🤩 We can hardly contain our excitement! Bybit is launching the ($POL) token with a juicy prize pool of 80,000 $POL up for grabs!
👀 Stay tuned for the latest updates!