Making DeFi idiot-proof with Kava’s gamer CEO, Brian Kerr
According to Kava Labs CEO Brian Kerr, the major reason that decentralized finance, or DeFi, has not yet hit the mainstream is that “93% of holders are never gonna touch their own keys.”Kava is a non-Ethereum-based DeFi platform that enables users to earn interest on the cryptocurrencies they hold. The investors Kerr hopes to reach are those who used an on-ramp like Coinbase or Binance to buy cryptocurrencies that are now sitting on the exchange. They are “worried about ‘fat-fingering’ and losing their funds in a transfer, or something like that,” he says. Being used to keeping their money....
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Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. The Gamer (avatar) NFTs act as access keys to unlock play & earn on the platform. The games are free-to-play, each set. The first 2 batches of the Genesis Gamer NFTs were sold out very quickly. Now the last stage of NFTs sale starts and it will be held for those players only who are Whitelisted. Infinite Arcade has launched a month ago. It makes it possible for developers and creators to connect with players in a marketplace in order to create a common economy. Infinite Arcade is like an arcade in the metaverse. Users can own....
Shortly after the launch of Stargate, Cosmos ecosystem chains are entering the DeFi arena. Kava, a DeFi-centric blockchain project built on the Cosmos SDK, has announced the concurrent release of Kava 5.1 and Hard Protocol V2, which marks the full launch of two-sided lending markets on the Kava blockchain.The Kava 5.1 upgrade is a significant boost to performance over previous major versions, with the team claiming a ten-fold increase in throughput through “consensus enhancements.” The upgrade also carries improvements to the BEP3 relayer that acts as the connection to Binance Smart Chain,....
The games room specialist that developed a bitcoin-operated pool table has released its arcade machine equivalent. Liberty Games, based in the UK, has developed a method of retrofitting arcade machines so that gamers can play with bitcoin rather than a bag full of metal coins. The company's technical director Stuart Kerr said an arcade machine can be fitted with a Raspberry Pi, a simple credit-card sized computer, and other components so that gamers can send bitcoin to the machine owner's wallet. The method is similar to the one used by Liberty Games to outfit pool tables to accept....
IBC is finally released, allowing the dozens of Cosmos blockchain projects to communicate with each other. After months of development, the Cosmos (ATOM) project has launched the Stargate update, which includes the highly anticipated Inter-Blockchain Communication protocol, or IBC.Announced on Thursday, the Stargate upgrade includes a series of improvements to the Cosmos protocol and its Software Development Kit.The most important of Stargate’s features is IBC, the interoperability layer for Cosmos blockchains. The protocol is one of the key elements of the Cosmos vision, allowing for....
Decentralized Finance (DeFi) has become one of the most popular concepts of the crypto world recently, and with good reasons. Its applications not only opens unprecedented opportunities to users of any background, but it does so in user-friendly, and fully transparent ways. Today, the focus will be on Proof of Reputation (PoR), titled the future of DeFi by many—read on to find out why, and how you can take advantage of it. Decentralized Finance (DeFi) in a nutshell Before jumping into details about Proof of Reputation, a brief introduction to Decentralized Finance (DeFi) is needed.....