Bitcoin, Going Native
We all know that bitcoin is decentralized electronic money that runs on a network that can do all kinds of interesting things. The key question is, what can you do with bitcoin that you can't do with anything else? What does it mean when bitcoin goes native? Note that the term "native" applied to bitcoin is due to Fred Wilson (a venture capitalist based....
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A new report shows that 65% of the 1,450 Web3 organizations are based on native blockchain technology, while 35% of the organizations are based on non-native technology. United Arab Emirates (UAE) has emerged as one of the fastest-growing destinations for Web3 projects, thanks to the initiatives taken by its government.A recent research report published by the Web3 platform Crypto Oasis Ecosystem highlighted the dominance of UAE in the Web3 economy as it identified more than 1,450 active Web3 organizations with nearly 7,000 individuals.The report divided Web3-based projects into two....
According to a recent report, the first trust-less swap between the Bitcoin blockchain and Stacks protocol has been executed. The co-founder of the Stacks protocol, Muneeb Ali tweeted about the native bitcoin swap and said the progress is a big deal. Trust-less Native Bitcoin Swap Executed With an NFT Called ‘Boombox’ On July 23, a trust-less swap using the Stacks protocol and the Bitcoin (BTC) blockchain was settled onchain. The swap dubbed the “Catamaran Swap between BTC and STX” was discussed on the Reddit forum r/stacks. “The first trustless swap between....
The recent announcement that Polygon’s MATIC network has become carbon neutral may give its native token the momentum to keep climbing. Since the beginning of 2022, MATIC, the native token, has been having difficulties. Since reaching an all-time high of $2.92 last year on Dec 27, its value has decreased by about 86.09%. According to […]
PRESS RELEASE. EverRise launches their fifth decentralized application (dApp) today, EverSwap, a multi-chain decentralized exchange (DEX), with a Native Coin Swap feature powered by their cross-chain bridging dApp EverBridge. The Native Coin Swap (NCS) functionality lowers the barrier to entry for those interested in the multi-chain DeFi space by making the cross-chain experience accessible and seamless with fewer steps, fewer fees, and faster transfers.
With EverSwap’s Native Coin Swap, users will be able to swap native cryptocurrencies, starting with Ethereum (ETH /....
Iceland may be the first nation to get its own cryptocurrency, but if Payu Harris has his way, it won't be the last. This week, he hopes to mine the genesis block for mazacoin, an altcoin for the native American nation in the US. Specifically designed for the Traditional Lakota Nation, mazacoin is initially being targeted at the Oglala Lakota Nation, which is Harris' own tribe. He works at Kimitsu Asset Management, which is focused on creating a bitcoin-based native American tribal cryptocurrency. Harris is launching the altcoin under the Bitcoin Oyate Project, and hopes it will give....