Tech
The latest in cryptocurrency and blockchain technology
January 3: CurrencyA Seychelles-based cryptocurrency exchange, said its investment and incubation program KuCoin Labs has invested in ISSP, to support the development of its “innovative sign-up protocol, which operates on the cutting-edge Sui network, known for its high throughput and scalability,” according to a Press release. “ISSP is the first cross-chain enrollment protocol system that integrates an enrollment marketplace and an enrollment exchange, leveraging the unique Objects model of the Sui network to naturally benefit enrollment systems. ISSP initially launched the SUI-20 enrollment protocol standard on the Sui network, using the network node’s built-in indexer to index enrollment data.”
The Protocol Village is a regular feature of The Protocolour weekly newsletter exploring the technology behind cryptocurrencies, one block at a time. Sign up here to receive it in your inbox every Wednesday. Project teams can submit updates HereFor previous versions of Protocol Village, visit Here. Please also check out our weekly The Protocol podcast.
Particle Network Introduces “Account Abstraction Protocol for Bitcoin”
January 2: Particle network, describing himself as a “modular access layer focused on the intent of Web3”, revealed “BTC Connect,” claiming it is “the first account abstraction protocol for Bitcoin.” According to the team: “BTC Connect leverages the ERC-4337 design and L2 EVM-capable chains to introduce a Bitcoin-specific Smart Account, Paymaster, Bundler, and Modal. This protocol enables developers to offer gas-free trading, account programmability, and other account abstraction features to their users, simplifying the development process in the fast-paced world of Ordinals and Subscriptions.”
Waterfall, Layer-1 Chain Based on DAG Technology, Launches Testnet 8
January 2: Cascade networka layer 1 blockchain based on “Directed Acyclic Graphs” or DAG technology for rapidly final proof-of-stake consensus, Testnet 8 launched“represents the latest version of the protocol with optimizations and bug fixes that allow the network to reach loads of over 10,000 transactions per second.” Other optimizations and improvements include faster syncs in parallel, improved peer discovery, automatically unlocked validators, improved reliability in optimistic consensus, randomness creation, new transaction gas estimates, and storage optimizations,” according to the team.
DOTins Launches Subscription Minting Platform for Polkadot Ecosystem
January 2: Dotsin partnership with Moonbeam Network, has officially launched its subscription minting platform ahead of the implementation of its full subscription marketplace, the team said.Dots allows users to create, transfer, and manage subscriptions across the Polkadot ecosystem. DOTins aims to leverage Moonbeam’s cross-chain capabilities to create omni-chain subscriptions where the use cases make sense.” (POINT)
Fountain, podcast app with Bitcoin Lightning Network payments, launches a makeover
December 21st: Fountaina podcast app powered by the Bitcoin Lightning Network, has “launched its largest User experience design and update “Today,” co-founder Nick Malster told Protocol Village, “it’s easier than ever to support your favorite podcasts, discover new ones through social features like clips and playlists, and earn bitcoin. (BTC) to listen to and share the best content. Strike users can now also connect their Strike account to their Fountain wallet and top up with their favorite currency without ever leaving the Fountain app. Fountain 1.0 is now available on iOS and Android.”
December 21st: Reliefa data analytics provider for the Bitcoin Lightning Network, has launched “Ghost addresseswhich allows users to receive payments in self-custody without having to rely on the centralized wallet intermediaries that have dominated usage to date,” according to the team.
Tenderly 2023 EVM Network Landscape Report Assesses Impact of ‘Multi-Chain System’
December 21st: Tenderly has released his “EVM Network Landscape Report 2023“The availability of tools and infrastructure on these chains also points to their developing ecosystems. Overall, the report posits that a multichain system of independent networks and appchains benefits Ethereum scalability, ecosystem resilience, growth and innovation, and blockchain adoption overall.”
WalletConnect Announces Plan for Decentralized, Permissionless Network
December 21st: WalletConnect announced an “ambitious new roadmap to build an open, permissionless, and decentralized network that will improve the performance of the WalletConnect protocol and gain features that better align with Web3 principles,” according to the team. “The roadmap milestones will be tested, verified, and executed over the next year, culminating in a proposed formal launch of an open, permissionless WalletConnect network in 2025.”
Bitfinex Securities Announces First Tokenized Bond on Liquid Network
December 21st: Bitfinex Ltd Securitieswhich offers listing and trading services for security tokens, announced the successful raising of 5.2 million USDT in a tokenized bond issuance, according to the team: “The tokenized bond offering is the result of a collaboration with microfinance firm Mikro Kapital that operates a securitization fund called Alternative. The tokenized bond, denominated in USDT, uses the ticker ALT2612 and has a maturity of 36 months with a coupon of 10%.”