BSV Blockchain is pleased to announce its new Chronicle update which will officially launch later in 2024. The update will further align the BSV blockchain with the original Bitcoin white paper and allow it to dynamically scale at an exponential rate so it’s ready to meet the growing demand for trusted data.

The Chronicle update is a direct follow-up of the Genesis upgrade in 2020 which restored many aspects of the Bitcoin protocol that had been modified in previous software updates including the removal of most limit-based consensus rules, replacing them with miner configurable settings that give node operators the autonomy needed to set their limits as they determine are practical.

Connor Murray, Director of Stewardship said: “A main driving milestone of the BSV blockchain is to restore the protocol as close to the original protocol as possible, so with the Genesis update in 2020, we restored most of the original scripting functionalities of the script that were in the original Bitcoin protocol.

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But there are still a few opcodes remaining that haven’t been restored yet. And, some limitations on ways you can add data into a transaction that needs to be removed. With the upcoming Chronicle update, due out later this year, we will restore some of the remaining opcodes that need restoration.”

These opcodes include: 

• OP_VER
• OP_VERIF
• OP_VERNOTIF
• OP_SUBSTR
• OP_LEFT
• OP_RIGHT
• OP_2MUL
• OP_2DIV

This will enable several new use cases as well as the removal of unnecessary restrictions and limits placed on the node, including:

• Lifting restrictions on the length of numbers used in scripts
• No longer insisting that the script stack must be left “clean” after execution
• Low S requirement for signatures
• Allowing opcodes in the unlocking script
• No longer insisting on minimal encoding

However, the update will also add benefits for developers in several ways ahead of the upcoming Mandala upgrade.

Connor went on to say: “One of the opcodes is a versioning opcode which will allow developers to build overlay-type networks and transactions. it provides a way to version transactions, and build overlay networks, on top of the blockchain which we think is a really interesting use case.”

The Chronicle update will also provide the network topology that will scale as much as possible going forward, said Murray. He noted that an important function of the ongoing Teranode project is to take out some of the external services that the node currently handles and make the node software just do the core mining functions inherent to building blocks.

The Chronicle update is set to launch in Q3 2024 with further details available closer to the time. This will include more information on developer benefits and when miners should upgrade to the new version.

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You can read more about Teranode and the Mandala upgrade here.

The post Chronicle BSV Blockchain Latest Update appeared first on HIPTHER Alerts.

CryptoSafe Ltd., a prospering name in the blockchain technology sector, proudly announces the launch of its groundbreaking project, Safe Pay. This new venture aims to revolutionize the way businesses integrate and manage cryptocurrency payments, setting a new standard for secure, efficient, and versatile financial transactions in the digital age.

About CryptoSafe Ltd.

CryptoSafe Ltd. has established itself at the forefront of blockchain technology, dedicated to enhancing capital efficiency within the cryptocurrency market. Founded by Borhes Antonio Feitoza, a former Goldman Sachs manager with extensive experience in high-risk trading, CryptoSafe is committed to creating a financial ecosystem that maximizes profitability for each trade. The company’s success is underpinned by a team of 14 specialists, including mathematicians, programmers, and data analysts, who develop high-frequency trading algorithms leveraging artificial intelligence. Over the past three months, CryptoSafe has achieved an impressive average monthly return of 32.81% on capital turnover.

Introducing Safe Pay

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Safe Pay represents a significant leap forward in cryptocurrency payment infrastructure. Designed to be secure, simple, and future-ready, Safe Pay allows businesses to effortlessly integrate cryptocurrency payments into their platforms, thereby boosting their online presence and expanding their customer base.

Safe Pay goes beyond basic payment processing by offering an integrated crypto-to-crypto exchange, consistently low transaction fees, and extensive support for various tokens across five major blockchains: Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC), Polygon (MATIC), and Tron. These networks collectively process over 9 billion transactions daily, providing businesses with unparalleled capabilities and reliability.Key

Features of Safe Pay

Seamless Integration and Rapid Deployment: Safe Pay features a state-of-the-art API that allows businesses to integrate cryptocurrency payments within approximately 48 hours. This rapid deployment enables businesses to quickly adapt to the evolving digital economy.
Comprehensive Support and Low Fees: With support for multiple blockchains and tokens, Safe Pay ensures businesses can handle a diverse range of transactions with minimal cost. Its low transaction fees further enhance the profitability of crypto operations.
Advanced Security and Compliance: Safe Pay offers robust security measures and compliance options, ensuring that all transactions are secure and adhere to regulatory standards.

User-Friendly Dashboard: The intuitive web UI dashboard serves as a central hub for managing all crypto operations. This includes flexible payment methods tailored to business needs, automatic withdrawals to external wallets, and detailed transaction tracking.
Staking Opportunities: Businesses can earn additional interest by staking their assets in various protocols supported by Safe Pay, further enhancing their revenue streams.

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Enhanced Capabilities for Specific Sectors:

Centralized Exchanges and Wallets: Safe Pay’s API allows access to more chains and tokens, reduces price impact on swaps, and speeds up transactions, making it ideal for centralized exchanges and wallet providers.
eSports and iGaming: Safe Pay provides seamless crypto solutions for eSports and iGaming platforms, enabling crypto deposits, bulk withdrawals in fiat and crypto, and efficient user wallet management.
Neobanks and Fiat-to-Crypto Exchanges: Safe Pay’s advanced features allow the creation of full-featured mobile wallets and customized crypto processing infrastructures, catering to the unique needs of neobanks and fiat-to-crypto exchanges.

Unlocking Opportunities with Safe Pay

Safe Pay’s versatile architecture makes it suitable for a wide range of businesses:

Regular Online Businesses and E-commerce: Safe Pay provides seamless crypto payment solutions, making it an ideal choice for traditional online businesses looking to expand their payment options.
Crypto Projects: Safe Pay offers advanced tools and infrastructure for crypto projects, streamlining development and operational processes with support for multiple blockchains, deposits and withdrawals APIs, and payment processing SAAS.
Gambling and iGaming: Safe Pay is perfect for gambling platforms, casinos, and iGaming services, enhancing the user experience with fast and secure transactions and expanded payment options.

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Getting Started with Safe Pay

To start using Safe Pay, businesses need to create a merchant account and obtain an API key. This key enables various functionalities, including displaying wallet addresses for payments, receiving notifications for new transactions, and setting up comprehensive crypto infrastructures. The process begins with registration, followed by creating a merchant account and completing a Know-Your-Business (KYB) procedure. Upon passing the KYB, businesses can immediately begin API integration and utilize Safe Pay’s services.

Safe Pay’s public API is free to use, with charges applicable only for completed transactions. Fixed rates are detailed in the documentation, and special conditions are available for enterprise clients with large daily volumes. For tailored solutions, businesses can contact Safe Pay to discuss custom offers that meet their specific needs.

The post CryptoSafe Unveils Safe Pay: A Game-Changer in Cryptocurrency Payment Solutions appeared first on HIPTHER Alerts.

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VICTORIA, Seychelles, June 28, 2024 /PRNewswire/ — Leading Web3 wallet and DeFi platform Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform for emerging asset classes.

Developed by industry experts from prestigious firms with the likes of Binance and Microsoft, Tomarket is designed to address markets and user needs beyond those already provided for by conventional decentralized exchanges (DEXs). The platform facilitates the trading of Real World Assets (RWA), crypto asset yields swap, crypto points, pre-TGE assets, and other new asset types, thereby enhancing liquidity and value discovery in these sectors.

With an end goal of tapping into the immense trillion-dollar market occupied by these new narratives, Tomarket will first be available to users as a Telegram mini-app when it officially launches in July, providing users with a convenient and user-friendly entry point into this innovative platform.

The year 2024 marks a significant phase of growth for the crypto industry, catalyzed by the Bitcoin halving together with the Bitcoin ETF approval by the SEC. This period of growth also saw the emergence and burgeoning growth of various new asset classes and narratives, such as crypto project points trading, pre-TGE tokens, RWA assets, and interest rates on digital assets. These new assets possess substantial trading potential and demand, yet they face challenges such as poor liquidity and high transaction trust costs. Moreover, the current market lacks a comprehensive, one-stop platform to meet the trading needs of these new assets. Tomarket was specifically created to address these challenges and unlock the full potential of these assets.

Expressing enthusiasm for this collaboration, Alvin Kan, COO of Bitget Wallet, stated that “Trading has always been at the heart of the crypto industry. Beyond traditional token assets, new asset types such as RWAs and points deserve significant attention.”

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He continues that Bitget Wallet will remain steadfast in its commitment to addressing the evolving needs of its users: “Through our investment and product collaboration with Tomarket, we aim to explore and develop markets beyond traditional DEXs, driving the growth of new crypto asset trading, thus cementing our dedication to catering to new user needs as they present themselves.”

In a strategic move earlier this year, Bitget Wallet announced the introduction of the Bitget Onchain Layer, an intermediary layer designed to help users navigate the complex Web3 ecosystem. This layer serves as an on-chain extension and a decentralized future of the entire Bitget ecosystem. As the first ecosystem partner of the Bitget Onchain Layer, Tomarket will be deeply integrated into Bitget Wallet. This development will also observe the additional expansion of use cases for BWB, the wallet’s own native token, as this strategic partnership with Tomarket marks the beginning of a series of sustained ecosystem growth and user engagement for all Bitget Wallet users.

About Bitget Wallet

Bitget Wallet is Asia’s largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, NFT, DApp, and token earning center. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains.

For more information, visit: Website | Twitter | Telegram | Discord

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