A multichain future will accelerate innovators and entrepreneurs
Alternative accelerator mechanisms will empower the next generation of entrepreneurs and their blockchain projects. My colleague, Elias Simos, likes to say we're living through a digital asset renaissance, including the digitization of non-digital asset value. Decentralized solutions to a myriad of financial and peer-to-peer obstacles are flourishing, but many innovators and entrepreneurs are still tied to old models of building the projects.Some platforms, such as Polkadot and Cosmos, are establishing new startup models suited for Web 3.0. They make it easier to create and connect....
Related News
Multichain solutions will change the blockchain space from an “interesting new technology” to an essential, high-growth industry. The blockchain industry market size was estimated by some to reach more than $21 billion by 2025. The market capitalization of the cryptocurrency market as a whole already reaches over $1.9 trillion. An ecosystem that was once defined by its tight-knit community and exclusivity now reaches governments, businesses, institutional investors and individuals who are all becoming more positive about the evolving space.With this new popularity, a crossroads has....
Web 3.0 will be a multichain mosaic, and the winning DeFi projects will be those that build experiences connecting as many blockchains as possible. At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than Ethereum. And they expect you to provide the best of all worlds. It seems there will always be a debate about which blockchain makes for the best foundation for projects. Enhanced security,....
PRESS RELEASE. TAMPA, Fla., June 27, 2022 / — Pocket Network, an infrastructure middleware protocol which facilitates decentralized multichain blockchain access to developer applications in Web3, including Ethereum, Polygon, Gnosis Chain, Avalanche, Solana, Fuse, Fantom and Near, recently marked a significant milestone in its multichain strategy with 50 supported blockchains on its network after integrating Moonbeam and Moonriver blockchains. Pocket has its sight on the century mark – with 100 blockchains supported by the end of 2022.
“As we see developer....
An event dubbed the Bitcoin Funfair will take place in Stockholm next month with the aim of encouraging use of the digital currency among consumers. The event, organised by The Forumist, a group of creative Swedish individuals and bitcoin users, will host upcoming designers, entrepreneurs and vintage shops who will showcase and sell their products. To encourage shopping, visitors will be asked to exchange a minimum of 100 Swedish krona (SEK) into bitcoin, which they will be able to spend, save or exchange back into fiat currency if unused. When asked about the purpose of the event, Gustav....
Owing to a security vulnerability in six tokens, Multichain users lost more than $3M over the week. A white hat hacker returned 322 ETH, but in excess of 527 ETH is still exploited. In a dramatic twist, one of this week’s Multichain hackers has returned 322 ETH ($974,000 at the time of writing) to the cross-chain router protocol and one of the affected users.However the hacker kept 62 ETH ($187,000) as a “bug bounty”, and a total of 528 ETH (worth $1.6M) remains outstanding after the exploits. Earlier this week, news emerged of a security vulnerability with Multichain relating to the....