Cryptocurrencies’ essential underpinning architecture is comprised of blockchains. A common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record by a network of peers acting under a set of rules imposed by the software itself. This record is publicly held and can be used by anyone, anywhere.
Despite years of study on shared ledger technology, the Bitcoin blockchain provided the first distributed ledger completely decentralized and immune to interference, seizure, and censorship.
At CryptoAnnals, we track the development of the blockchain sector. Is it a revolution, or is it just hype? the two? Will it lead to a secure future for global trade and finance? What percentage of transactions on the blockchain will there be in the upcoming years?
Ethereum celebrated its 8th anniversary with a market capitalization of approximately $227 billion. The project was introduced in November 2013 with Vitalik Buterin’s whitepaper, officially announced in January 2014. Ethereum achieved $400 billion in secured value, generating annualized profits of $3.6 billion, and 17.8 million blocks of digital assets. Ethereum’s decentralized platform empowered developers, leading … Read more
An intriguing new development is that the Celo Foundation has partnered with Google Cloud services. The purpose of this partnership is to encourage initiatives inside the Celo blockchain ecosystem and advance the mass adoption of Google Cloud services. As a result of this partnership, startup owners who choose to build their products on Celo will … Read more
After successfully launching the Solana ecosystem a year ago, authentic 90’s gaming and collectibles firm POG Digital NFTs is getting ready to launch on the Ethereum blockchain, the largest DeFi ecosystem. POG Digital claims (1) that the minting of NFTs on the Ethereum platform will begin on April 6 with a quantity of 4,444 units. … Read more
Previously, Crédit Agricole CIB and SEB made a joint announcement regarding the launch of so|bond, a new public blockchain-based platform. According to the release (1), the platform’s primary objective will be to enhance the effectiveness of issuing digital bonds, albeit with a modicum of attention paid to environmental considerations. That is to say, although the … Read more
The OKX crypto exchange, a Seychelles-registered bitcoin firm currently ranks in daily tradable volume, has revealed the debut of an interactive metaverse consumer experience that has been given the name Train Like Dias. Football fans will have the opportunity to intimately engage with Dias and discover the training approaches and coaching suggestions that he has … Read more
Version 3 of the PancakeSwap DEX has been released on Ethereum and BNB Chain, providing enhanced functionality and reduced transaction fees. (1) Reports indicate that Version 3 includes four distinct trading charge categories that boast the industry’s lowest on-chain trading costs compared to those of the decentralized exchange’s competitors. In this particular scenario, notable alternatives … Read more
As Ethereum (ETH) gets ready for its much-anticipated upgrade, which is now being referred to as “Shapella,” the network has come up against a new obstacle in the type of malicious threats on Miner Extractable Value (MEV) bots exchanges. These attacks have caused the network to face new difficulties. An attack of this kind was … Read more
On the forthcoming fine art platform Freeport, tokenized replicas of a selection of Andy Warhol’s works are scheduled to debut. This comes as a direct result of the recent permission that the blockchain-based platform that focuses on art received from the United States Securities and Exchange Commission (SEC). Freeport had been working diligently as of … Read more
Irene Zhao, a prominent figure in the cryptocurrency space, is credited with launching a new social platform on web3 called So-Col (Social Collectibles), which just announced receiving $4.5 million in fresh funding throughout two rounds. According to statements (1) made by DWF on Tuesday, the web3 investment firm was the sole sponsor of the most … Read more
Even as cryptographic methods gain popularity on the Ethereum blockchain, the ZeroSync Association is working to bring zk-proofs to Bitcoin network. zk-proofs is short for Zero-Knowledge proofs. According to various reports, the cryptocurrency investment firms Geometry Research and StarkWare Industries have provided financial support to the Swiss non-profit group known as ZeroSync. The recently established … Read more