A multichain approach is the future of the blockchain industry
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....
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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,....
Odin is a very promising project with a development team that is working hard into providing the users with a plethora of features, capabilities, and tech. Today, Odin has expanded its blockchain from using just Solana into incorporating Cardano as well, creating a multichain platform that will become more efficient and secure. Benefits Of Working In Multichain Multichain incorporates the use of more than one blockchain to operate a platform, As a private blockchain, it assures network scalability by restricting the data shared every block, removing extraneous data, and increasing....
For years, developers have been trying to determine the best alternative for Ethereum’s increasing network congestion and gas costs. Even though layer-2 scaling solutions involving zkSNARKS and Optimistic Rollups have been introduced to alleviate these challenges, most of these answers aim to improve Ethereum’s scalability. On the other hand, Moonbeam leverages the interoperability and scalability of Polkadot to offer developers an environment that is fully compatible with Ethereum and its corresponding development tools. The Moonbeam Network serves as a highly-specialized layer-1....
Accenture is among a group of 13 companies partnering with startup CoinSciences in an effort to get more enterprise businesses working with blockchain. Those involved with the effort are largely existing users of the MultiChain platform, and the program formalizes that relationship. Participants include professional services firm Accenture, financial tech provider D+H and IT firm Mphasis. According to founder and CEO Gideon Greenspan, the goal is to expand the market for blockchain consulting while at the same time improving the visibility of both its MultiChain private blockchain platform....
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....