TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects.
Dave Uhryniak is the Director of Ecosystem Development at TRON DAO. He recently joined the Bitcoin.com News Podcast to talk about the technology:
Dave joined the TRON DAO in January 2022 and has become a highly visible part of the team that drives global expansion as they identify key opportunities across the blockchain industry and ensure the TRON ecosystem is positioned to thrive.
Involved in blockchain since 2016, Dave has provided strategic guidance for global payment companies and insurance companies, among others. He has led the successful development of multiple use cases in financial services, healthcare, and supply chain. He continually finds unique and creative ways to apply emerging technologies to enable corporations to achieve their strategic goals.
Dave began his career as an equity research analyst at a leading U.S. mutual fund company, where he conducted thorough bottom-up analysis of global and regional financial service companies. Dave has often been quoted in leading media outlets, including the Wall Street Journal, Forbes, Bloomberg, and other publications.
Dave is a Certified Blockchain Solution Architect, holds an MBA from Carnegie Mellon University Tepper School, and a BA from Westminster College (PA).
Among the interesting topics discussed in this episode are the recent CCRI report, that TRON is one of the top eco-friendly blockchains, and the TRON Grand Hackathon 2022 Season 3.
To learn more about the TRON network, check the latest developments on Trondao.org, Telegram, Discord, Reddit, GitHub, and Twitter.
The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow us on iTunes, Spotify and Google Play.
This is a sponsored podcast. Learn how to reach our audience here. Read disclaimer below.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.
TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects.
Dave Uhryniak is the Director of Ecosystem Development at TRON DAO. He recently joined the Bitcoin.com News Podcast to talk about the technology:
Dave joined the TRON DAO in January 2022 and has become a highly visible part of the team that drives global expansion as they identify key opportunities across the blockchain industry and ensure the TRON ecosystem is positioned to thrive.
Involved in blockchain since 2016, Dave has provided strategic guidance for global payment companies and insurance companies, among others. He has led the successful development of multiple use cases in financial services, healthcare, and supply chain. He continually finds unique and creative ways to apply emerging technologies to enable corporations to achieve their strategic goals.
Dave began his career as an equity research analyst at a leading U.S. mutual fund company, where he conducted thorough bottom-up analysis of global and regional financial service companies. Dave has often been quoted in leading media outlets, including the Wall Street Journal, Forbes, Bloomberg, and other publications.
Dave is a Certified Blockchain Solution Architect, holds an MBA from Carnegie Mellon University Tepper School, and a BA from Westminster College (PA).
Among the interesting topics discussed in this episode are the recent CCRI report, that TRON is one of the top eco-friendly blockchains, and the TRON Grand Hackathon 2022 Season 3.
To learn more about the TRON network, check the latest developments on Trondao.org, Telegram, Discord, Reddit, GitHub, and Twitter.
The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow us on iTunes, Spotify and Google Play.
This is a sponsored podcast. Learn how to reach our audience here. Read disclaimer below.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.
Following the extremely volatile European markets during the past few days and the euro and pound dropping rapidly against the U.S. dollar, the Bank of England has decided to intervene in bond markets. U.K. government bond yields have been erratic and the pound sterling also dropped to a lifetime low against the greenback. On Wednesday, the Bank of England noted that it was monitoring the “significant repricing” of U.K. assets very closely.
The Bank of England (BOE) disclosed on Wednesday that it will start temporarily buying long-dated bonds and suspend the quantitative tightening tactics the central bank recently deployed. Two days ago, the U.K.’s native fiat currency, the pound sterling, slid to an all-time low against the U.S. dollar, and during the early morning (ET) trading sessions on Wednesday, the pound plummeted to 1.0541 nominal U.S. dollars per unit.
Yields on U.K. government bonds have skyrocketed in recent times and are suffering from the same volatility as U.S. Treasury bonds. The yields in the U.K. experienced the largest rise since 1957 and in a statement Wednesday, BOE said it was monitoring the situation very closely. “Were dysfunction in this market to continue or worsen, there would be a material risk to U.K. financial stability,” the BOE said on Wednesday. The U.K. central bank added:
“This would lead to an unwarranted tightening of financing conditions and a reduction of the flow of credit to the real economy. In line with its financial stability objective, the Bank of England stands ready to restore market functioning and reduce any risks from contagion to credit conditions for U.K. households and businesses.”
The BOE’s actions follow a similar move by the Bank of Japan six days ago. After the Japanese yen slipped to a 24-year low, the Japanese central bank decided to intervene in foreign exchange markets. The yen rebounded following the intervention, and on Wednesday, the pound sterling also rebounded against the greenback after the BOE’s announcement to begin temporary purchases of long-dated U.K. government bonds.
At the time of writing, the pound is trading for 1.0661 nominal U.S. dollars per unit, down 0.61% during the last 24 hours. The BOE detailed that it plans to intervene “on whatever scale necessary” to “restore orderly market conditions.”
What do you think about the Bank of England intervening in U.K. bond markets? What do you think about the pound’s performance against the U.S. dollar? Let us know what you think about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.
Following the extremely volatile European markets during the past few days and the euro and pound dropping rapidly against the U.S. dollar, the Bank of England has decided to intervene in bond markets. U.K. government bond yields have been erratic and the pound sterling also dropped to a lifetime low against the greenback. On Wednesday, the Bank of England noted that it was monitoring the “significant repricing” of U.K. assets very closely.
The Bank of England (BOE) disclosed on Wednesday that it will start temporarily buying long-dated bonds and suspend the quantitative tightening tactics the central bank recently deployed. Two days ago, the U.K.’s native fiat currency, the pound sterling, slid to an all-time low against the U.S. dollar, and during the early morning (ET) trading sessions on Wednesday, the pound plummeted to 1.0541 nominal U.S. dollars per unit.
Yields on U.K. government bonds have skyrocketed in recent times and are suffering from the same volatility as U.S. Treasury bonds. The yields in the U.K. experienced the largest rise since 1957 and in a statement Wednesday, BOE said it was monitoring the situation very closely. “Were dysfunction in this market to continue or worsen, there would be a material risk to U.K. financial stability,” the BOE said on Wednesday. The U.K. central bank added:
“This would lead to an unwarranted tightening of financing conditions and a reduction of the flow of credit to the real economy. In line with its financial stability objective, the Bank of England stands ready to restore market functioning and reduce any risks from contagion to credit conditions for U.K. households and businesses.”
The BOE’s actions follow a similar move by the Bank of Japan six days ago. After the Japanese yen slipped to a 24-year low, the Japanese central bank decided to intervene in foreign exchange markets. The yen rebounded following the intervention, and on Wednesday, the pound sterling also rebounded against the greenback after the BOE’s announcement to begin temporary purchases of long-dated U.K. government bonds.
At the time of writing, the pound is trading for 1.0661 nominal U.S. dollars per unit, down 0.61% during the last 24 hours. The BOE detailed that it plans to intervene “on whatever scale necessary” to “restore orderly market conditions.”
What do you think about the Bank of England intervening in U.K. bond markets? What do you think about the pound’s performance against the U.S. dollar? Let us know what you think about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.
PRESS RELEASE. Finally, the moment has arrived. A dozen hours have gone into farming the materials needed for a brand-new mighty axe. The epic weapon crafted at the forge will take the player to unprecedented heights of power, but only for the player to discover it does not have any real value.
This jarring feeling is all too familiar to gamers if they have spent hundreds of hours playing MMORPGs. Playing games takes time, effort, and sometimes even real money, but all that effort doesn’t change the gamers’ empty wallets. Instead, the gaming industry spends many resources on ensuring game items are worthless and circumventing that will result in RMT bans.
In the game, Mirandus, however, not so much. Finally, an MMORPG where every item has value. The cache discovered by a player in the unexplorable glade has equipment not required for their gameplay? It is possible to put it up on the market for sale, so someone else can use it, and a lot more. The game brings a revolutionary era for MMORPG and blockchain gaming!
The Fantasy RPG of the Future?
Mirandus is a game where everything has real value beyond the confines of the fantasy world. As a fully Web3 integrated MMORPG, everything that makes the world in the game is wholly owned by the game players. Players can use items and game areas made and created by other gamers, like swords, to fend off monsters and hide in towns to stay away from goblins. It is a monumental thing for both Web3 and the whole RPG genre!
Every player in Mirandus can play as any exemplar they own. These NFT characters can be freely traded on secondary markets and come with different races and special perks. Many are standard and readily available on OpenSea, but some exemplars are rare; for instance, out of the 50,000 total exemplars, only 1000 are elves.
Mirandus is creating the future of the MMORPG genre here by being revolutionary and innovative. It is a game based on the idea that players own their character and everything that comes with building up their character in the game; and this gives a sense of ownership and eagerness to the gamers, who are encouraged to explore the game and discover different areas and items – since it will not be a waste of their time and for the time spent, present real-life worth outside the game too.
The Adventurous Unknown
The game Mirandus is a Web3 dream come true for many. To have total control over creating their gameplay and world, telling the story they want, crafting the weapons they want with real-world worth and exploring vast unexplored areas unrestricted is genuinely magical. Gamers will start in the world in a wild land, with mysteries waiting to be discovered by the adventurers of the unknown.
Suddenly what a player does with their time in the game has real value. All the exploration and adventure can result in benefits in real life. Perhaps, in the game, a player’s character is a skilled craftsman, producing items that others need and can access; or some equipment/weaponry is useless to a gamer who can quickly sell it to someone else on OpenSea to save them hours of exploration and farming for materials.
It is exciting to think about all these concepts in an MMORPG. Creating a real-world economy around time and success with your character could refresh a genre that has been stagnant for a long time. Many players are happy to spend their money on their RPG adventures, but game developers quash any effort to RMT and refuse to give real value to any in-game items. MMORPGs have always formed robust economies but have remained cut off from real value unless it was for the game publisher’s benefit. However, integrating Web3 within games could change the genre to something more beneficial for gamers.
Mirandus Can’t Come Soon Enough
Mirandus is still developing, but there is positive news about its progress. The development team has been updating the public about a few playtests so far and is transparent about their development with the game’s Discord community. For example, early game supporters who own an Exemplar have had the chance to participate in a playtest of the beta version and have earned Materium – the in-game currency.
Overall, the game has some broad, sweeping goals for the future of Web3 gaming and MMORPG. It is a game with all the appeal of being epic, where gamers can genuinely make the gameplay their own – by having ownership of game assets that are real-value treasures and going on uncharted exploration and adventures.
Learn more about Mirandus here: https://mirandus.game
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.
PRESS RELEASE. Finally, the moment has arrived. A dozen hours have gone into farming the materials needed for a brand-new mighty axe. The epic weapon crafted at the forge will take the player to unprecedented heights of power, but only for the player to discover it does not have any real value.
This jarring feeling is all too familiar to gamers if they have spent hundreds of hours playing MMORPGs. Playing games takes time, effort, and sometimes even real money, but all that effort doesn’t change the gamers’ empty wallets. Instead, the gaming industry spends many resources on ensuring game items are worthless and circumventing that will result in RMT bans.
In the game, Mirandus, however, not so much. Finally, an MMORPG where every item has value. The cache discovered by a player in the unexplorable glade has equipment not required for their gameplay? It is possible to put it up on the market for sale, so someone else can use it, and a lot more. The game brings a revolutionary era for MMORPG and blockchain gaming!
The Fantasy RPG of the Future?
Mirandus is a game where everything has real value beyond the confines of the fantasy world. As a fully Web3 integrated MMORPG, everything that makes the world in the game is wholly owned by the game players. Players can use items and game areas made and created by other gamers, like swords, to fend off monsters and hide in towns to stay away from goblins. It is a monumental thing for both Web3 and the whole RPG genre!
Every player in Mirandus can play as any exemplar they own. These NFT characters can be freely traded on secondary markets and come with different races and special perks. Many are standard and readily available on OpenSea, but some exemplars are rare; for instance, out of the 50,000 total exemplars, only 1000 are elves.
Mirandus is creating the future of the MMORPG genre here by being revolutionary and innovative. It is a game based on the idea that players own their character and everything that comes with building up their character in the game; and this gives a sense of ownership and eagerness to the gamers, who are encouraged to explore the game and discover different areas and items – since it will not be a waste of their time and for the time spent, present real-life worth outside the game too.
The Adventurous Unknown
The game Mirandus is a Web3 dream come true for many. To have total control over creating their gameplay and world, telling the story they want, crafting the weapons they want with real-world worth and exploring vast unexplored areas unrestricted is genuinely magical. Gamers will start in the world in a wild land, with mysteries waiting to be discovered by the adventurers of the unknown.
Suddenly what a player does with their time in the game has real value. All the exploration and adventure can result in benefits in real life. Perhaps, in the game, a player’s character is a skilled craftsman, producing items that others need and can access; or some equipment/weaponry is useless to a gamer who can quickly sell it to someone else on OpenSea to save them hours of exploration and farming for materials.
It is exciting to think about all these concepts in an MMORPG. Creating a real-world economy around time and success with your character could refresh a genre that has been stagnant for a long time. Many players are happy to spend their money on their RPG adventures, but game developers quash any effort to RMT and refuse to give real value to any in-game items. MMORPGs have always formed robust economies but have remained cut off from real value unless it was for the game publisher’s benefit. However, integrating Web3 within games could change the genre to something more beneficial for gamers.
Mirandus Can’t Come Soon Enough
Mirandus is still developing, but there is positive news about its progress. The development team has been updating the public about a few playtests so far and is transparent about their development with the game’s Discord community. For example, early game supporters who own an Exemplar have had the chance to participate in a playtest of the beta version and have earned Materium – the in-game currency.
Overall, the game has some broad, sweeping goals for the future of Web3 gaming and MMORPG. It is a game with all the appeal of being epic, where gamers can genuinely make the gameplay their own – by having ownership of game assets that are real-value treasures and going on uncharted exploration and adventures.
Learn more about Mirandus here: https://mirandus.game
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.
PRESS RELEASE. 28th September 2022, London – Wanchain has announced its new ‘XFlows’ cross-chain bridge upgrade, which will revolutionize trading of the world’s number one stablecoin, USDT, against many other widely used tokens. This new upgrade brings native-to-native USDT cross-chain transfers for Ethereum, BNB Chain, OKC, Polygon, Arbitrum, and more to be announced soon.
What is USDT XFlows?
USDT is minted natively on more than a dozen blockchains. The easiest way to move USDT between these chains has been to use centralized exchanges. Users can now use Wanchain’s industry-best cross-chain bridges to execute decentralized, non-custodial native-to-native USDT cross-chain transfers between Ethereum, BNB Chain, OKC, Polygon, and Arbitrum – colloquially referred to as flows. In addition, USDT XFlows are native-to-native USDT cross-chain transfers between blockchains where Tether natively mints USDT.
What Happens to Pre-Existing USDT Bridges?
Wanchain previously developed Direct Bridges, a method that uses a ‘lock-mint-burn-unlock’ method in which native tokens (like USDT) on the source chain would be locked before a mirrored copy, or wrapped token, is minted on the destination chain. The wrapped token is then subsequently burned to unlock the original token.
Powered by Wanchain’s cross-chain bridges, XFlows offers a seamless experience that exists in concert with these pre-existing bridges. When bridging USDT to another network, users will automatically receive native USDT if native USDT exists on the destination chain. However, if USDT does not exist on the destination chain, users will receive wrapped USDT.
The Mechanics of XFlows
When bridging an asset minted natively on both the source and destination chains, a lock-mint-burn-unlock mechanism is not viable, as users will undoubtedly want to receive the native asset rather than a wrapped version.
With this new solution, when someone bridges their USDT from Ethereum to Polygon, their USDT is first added to a native liquidity pool on Ethereum before the same number of USDT is removed from the pool on Polygon.
Wanchain bridge nodes balance pools of native USDT on Ethereum, BSC, OKC, Polygon & Arbitrum to enable native USDT cross-chain transfers without sacrificing security and decentralization. In addition, USDT XFlows is executed using the secure multi-party computation (sMPC) architecture that distinguishes Wanchain’s interoperability solutions.
Who Provides the USDT liquidity?
With these new native USDT cross-chain transfers, Wanchain is introducing a new method of liquidity provision that avoids the trappings of centralized liquidity and incentivized liquidity alternatives.
The USDT liquidity that powers Wanchain’s USDT XFlows is provided by users who bridge their USDT to another network using the lock-mint-burn-unlock mechanism. The USDT locked on a source chain before wrapped USDT is minted on a destination chain doubles as the liquidity powering native-to-native USDT cross-chain transfers.
The combination of the lock-mint-burn-unlock and liquidity pool methods is a significant innovation in cross-chain technology. The number of wrapped USDT in circulation is always equivalent to the total native USDT locked in liquidity pools across all chains.
As more wrapped USDT is minted, regardless of the network, more native USDT is added to the liquidity pools. This new USDT XFlows is owned and powered by the users giving them more control over their money and the network.
Current & Upcoming Bridges
USDT XFlows is supported by direct bridges connecting Arbitrum, BNB Chain, CLV P-Chain, Ethereum, Moonriver, OKC, Polygon, Wanchain, and XDC Network. In the future, Wachain’s USDT XFlows will support native USDT on Avalanche C-Chain and Tron. Additionally, Wanchain is working towards launching XFlows for the second biggest stablecoin, USDC, which would give users coverage for almost all of the stablecoin market.
Media Contact
Contact Name: Temujin Louie
Contact Email: info@wanchain.org
Wanchain Socials
Twitter | Telegram | Medium
Wanchain is the source of this content. This Press Release is for informational purposes only; however, the information does not constitute investment advice or an offer to invest.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.
Source From : News