Web 3.0

$223M fund for Internet Computer builders — but community is wary

Zurich-based Dfinity Foundation has announced a fund worth CHF 200 million, or around $223 million, to support development on the Internet Computer — a blockchain-based decentralized network with wildly ambitious plans to one day “replace” much of the internet. The non-profit scientific research organization announced “The Developer Ecosystem Program” on May 26, and is now …

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Promising Integrations Join the Polkadot Ecosystem

<div class=”featured_image_container”> </div> <strong>As Polkadot’s vision of a decentralized web advances, the integrations of KILT Protocol and the fintech platform Current are adding new utility layers across the blockchain’s ecosystem, helping tear down the existing barriers between Web 2.0 and 3.0.</strong> Value-Driven Integrations to Overcome Traditional Digital Obstacles As excitement over Polkadot’s forthcoming launch heats …

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How did Internet Computer (ICP) become a top-10 cryptocurrency overnight?

Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at the peak of roughly $407. The huge price differences across multiple cryptocurrency exchanges showed a berserk trading sentiment …

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Democratizing Defi Data- Dechart DAO Launches Version 1.0 Trading Platform

<div class=”featured_image_container”> </div> <strong>On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last seven days, …

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The Graph explores integrations for Bitcoin, Polkadot, and other Layer-1 blockchains

Following a successful mainnet launch on Ethereum in December, The Graph is exploring integrating eight additional Layer-1 blockchains including Bitcoin. On Feb. 16, The Graph Foundation revealed it is also considering integrating Bitcoin, Polkadot, Near Protocol, Cosmos, Solana, Avalanche, Binance Smart Chain, and Celo. The protocol already runs on Ethereum having launched on Dec. 17, …

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Building a Decentralized and Uncensorable Internet — The Nexus Protocol

<div class=”featured_image_container”> </div> PRESS RELEASE. <span>On December 21st, 2020, the </span><a href=”https://tech.nexus.io/files/nexus_protocol/Nexus_Protocol_1.0.0.pdf”><span>Nexus Protocol white paper</span></a><span> was released. The new internet will be driven by a blockchain-based operating system (LX-OS) and communications protocol (Nexus Protocol), that will be connected by a distributed satellite-based mesh network. The white paper contains technical specifications and mathematical models that showcase …

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Building the Next Wave of Web 3.0

“Blockchain and bitcoin point to a future, and point to a world, where content exists forever, where it’s permanent, where it doesn’t go away, where it exists forever on every single node that’s connected to it,” Twitter CEO Jack Dorsey said recently, as he endorsed a decentralized social media standard.   In the same week, the …

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Colorado Is Betting on ETHDenver and Web 3 for Its Next Lottery Games

The Colorado Lottery is partnering with ETHDenver, Ethereum’s largest hackathon, to spur the slapdash development of a decentralized web-based game of chance.  Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary …

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Handshake Goes Live With an Uncensorable Internet Browser

Handshake set out to disrupt the World Wide Web of internet names. Now it’s looking to reinvent browsing.  Today, as the Handshake Network records its 1 millionth transaction, HandyBrowser will go live. It’s a dedicated way to access the uncensorable internet ecosystem made possible through the distributed Handshake Network, as well as anything else you …

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