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Zilliqa launches Jasper Proto-Testnet for Zilliqa 2.0, the blockchain built for mass adoption

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SINGAPORE, Sept. 12, 2024 /PRNewswire/ — Zilliqa, the established layer-1 blockchain platform that pioneered sharding technology, is excited to announce the launch of the Jasper proto-testnet for Zilliqa 2.0, the first release on its roadmap for its new, upgraded network designed to drive mass adoption of Web3.

This significant milestone sees the first Zilliqa 2.0 proto-testnet become available to the public, marking a crucial first step in the rollout of its new network, which promises to deliver an efficient and scalable blockchain designed to make Web3 as easy to use as the internet. The release of Jasper is the first step on the roadmap for Zilliqa 2.0, each of which will see the network expanded with further functionality according to the protocol’s whitepaper.

The Jasper proto-testnet introduces Zilliqa 2.0’s new Proof-of-Stake consensus mechanism, which delivers lightning-fast transactions at low cost, all while remaining energy efficient and capable of scaling to the needs of businesses and developers globally. This early version of the Zilliqa 2.0 network allows developers and validators to explore the new network’s enhanced capabilities and experiment with running a validator node and earning rewards for helping to secure the network.

The proto-testnet offers other foundational features such as EVM (Ethereum Virtual Machine) compatibility and support for Scilla smart contracts, and the network will continue to undergo active development as work progresses on Zilliqa 2.0. The Zilliqa tech team will work closely with developers and validators to discuss their feedback and mitigate the impact of any bugs or downtime they encounter when testing this early, proto-testnet version of the Zilliqa 2.0 network.

Future milestones include the release of the Zilliqa 2.0 mainnet and the progressive introduction of features such as x-shards and smart accounts, which will deliver unprecedented customisation and accessibility.

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A core feature of Zilliqa 2.0’s design is to be able to adapt to the scaling and security needs of the applications running on it, allowing businesses and developers to build on a platform that works for them while being seamlessly integrated with the global Web3 ecosystem and audience. Zilliqa 2.0’s simplicity and powerful customisation positions it as the ideal white-label solution for businesses looking to leverage the benefits of Web3.

Whether a company or developer wants to launch their own digital assets, build decentralised applications (dApps), or create new digital experiences, Zilliqa 2.0 will provide the infrastructure to do so efficiently and at scale.

Commenting on the release of the Jasper proto-testnet for Zilliqa 2.0, Zilliqa Head of Research Zoltan Fazekas said:

“This launch marks a significant step forward in realising our vision for Zilliqa 2.0. The Jasper proto-testnet is not just a test environment – it’s the beginning of a new era in blockchain technology, where speed, efficiency, and user-friendliness converge. We invite developers and businesses to join us in exploring the possibilities of this groundbreaking network.”

With the launch of Jasper, Zilliqa is calling on potential new validators worldwide to onboard and test the network as pioneers of Zilliqa 2.0. This is an opportunity to play a key role in the future of the network and earn sustainable rewards by contributing to its security and resilience. Developers and potential validators are encouraged to read the docs for Zilliqa 2.0 to get started with the Jasper proto-testnet.

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About Zilliqa

Zilliqa is the industry-recognised layer-1 blockchain founded in Singapore in 2018. The blockchain serves as a versatile foundation that facilitates a broad array of Web3 applications and services across a multitude of sectors including luxury and entertainment, providing a robust platform for emerging startups and established enterprises alike.

The next evolution of the network, Zilliqa 2.0 offers a user-centric and customisable layer 1 infrastructure  designed to drive the mass adoption of Web3. Currently rolling out testnet with the mainnet launch in Q4’2024.

For more information, visit roadmap.zilliqa.com.

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Blockchain Press Releases

$CATI and $HMSTR Set to List on Bybit: Expanding the TON Blockchain Offerings

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DUBAI, UAE, Sept. 19, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to remind its community about the upcoming listings of $CATI and $HMSTR. These tokens, native to the popular Telegram-based games Catizen and Hamster Kombat, respectively, are set to join Bybit’s growing list of innovative projects on the TON Blockchain.

Explore the Worlds of $CATI and $HMSTR

$CATI is the driving force behind Catizen, a blockchain-powered virtual cat city where players can earn $CATI through immersive gameplay and in-game activities. Meanwhile, $HMSTR fuels Hamster Kombat, a fast-growing Telegram mini-game that’s capturing the attention of crypto enthusiasts worldwide. Both games offer a unique Tag-to-Earn feature, rewarding users for tagging specific in-game elements, which adds a new layer of engagement to the gaming experience and helps grow their communities.

“We’re thrilled to welcome $CATI and $HMSTR to the Bybit family. These innovative projects represent the future of the TON ecosystem, and we’re proud to provide our users with the opportunity to participate in their growth,” said Emily Bao, Head of Spot Market and Web3 at Bybit. “Bybit’s commitment to supporting promising projects and fostering a vibrant trading environment remains unwavering.”

Trade $CATI and $HMSTR on Bybit

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Bybit provides a secure and reliable platform for trading, offering users peace of mind with its strong emphasis on security. In addition to security, Bybit offers early access to promising projects such as $CATI and $HMSTR, giving its users the chance to engage with emerging communities within the growing blockchain gaming space. These listings highlight Bybit’s ongoing commitment to supporting innovative projects on the TON Blockchain.

Key Dates to Watch:

$CATI

$HMSTR

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.

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For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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MultiversX and Helios Staking Join Hands For Web3 Collabathon; Unveil Helios Connect dApp for Unified Cross-Chain Identity Management

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 MultiversX (EGLD), the leading internet scale blockchain known for its sharding technology, announced its support to the Helios Collabathon conducted by Helios Staking, to redefine product building through an effort of collaboration over competition. Jointly supported by the MultiversX Foundation, Hatom, XOXNO, and the Injective Foundation, the first-of-its-kind Collabathon brought together 14 top-level Web3 builders from across the world with skills ranging from coding to marketing and business development, to solve pressing industry challenges related to singular user identity across multiple blockchains.

With a background in building 11 different companies and winning 15 hackathons, the Collabathon’s participants deployed a fully-functioning MVP of Helios Connect in 8 days, with a clean interface and Smart Contracts deployed on mainnet on both the Injective and MultiversX blockchains. Simultaneously, all content and related documentation were posted to ensure the product has visibility and is usable afterwards, resulting in Helios Connect acquiring active users already.

As a fully open-source product, Helios Connect is a groundbreaking cross-chain wallet verification and identity dApp, allowing users to create a singular, unified identity across multiple blockchains, addressing a significant challenge of User Fragmentation in the decentralized ecosystem. By simplifying and securing identity management, Helios Connect is poised to become a building block for a plethora of applications that strengthen connections between different ecosystems.

Alongside building the product, the Collabathon hosted networking events and four workshops, hosted by Robert Sasu (Core developer of MultiversX), Joan (Product Manager of Injective Labs), Alex Radu (CEO of Astrarizon), and Sergi & Jose (Founders of Moonlorian).

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Robert Sasu, Core Developer of MultiversX, who supported the Collabathon on-site, shared his thoughts: “I am truly impressed by how much the team accomplished in just 10 days, proving how this Collabathon can bring viable products with real use cases to market whilst sparking innovation between communities.”

Kevin Lydon, Co-founder and Managing Director of Helios Staking shared his excitement: “The Helios Collabathon has proven to be a huge success, not only in achieving our technological goals but also in creating a spirit of collaboration. We are looking forward to developing the concept further and pushing the boundaries of what is currently thought possible.”

Open Source For The Community

In a commitment to supporting innovation, Helios Connect’s open-source feature paves the way for integrated cross-chain use cases, such as cross-chain identity management. This approach is designed to provide a platform where cross-chain products and services can grow and thrive, enabling the wider Web3 ecosystem to benefit from this cutting-edge technology.

Helios Connect will serve as a foundational tool that many applications can be built on top of, such as cross-chain governance applications, tax tooling, ticketing, an anti-scam scanner and more.

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The MultiversX Foundation continues to support teams and initiatives that are at the forefront of innovation to accelerate blockchain adoption and ecosystem growth by creating meaningful products that benefit the entire Web3 ecosystem.

The post MultiversX and Helios Staking Join Hands For Web3 Collabathon; Unveil Helios Connect dApp for Unified Cross-Chain Identity Management appeared first on HIPTHER Alerts.

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Soulbound to Unveil New Web3 Livestreaming Platform at TwitchCon 2024

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Soulbound — a Web3 livestreaming platform, will take center stage at TwitchCon 2024 in San Diego. The company will showcase how blockchain technology can transform the livestreaming experience for gamers, streamers, and developers. Backed by major investors including Animoca Brands, NGC Ventures, and Big Brain Holdings, Soulbound will introduce its groundbreaking platform to a global audience of gaming enthusiasts at this prestigious event.

TwitchCon, organized by a video livestreaming service Twitch, will be held on September 20-22, 2024. Known for celebrating all things gaming and streaming, TwitchCon is the perfect stage for Soulbound to demonstrate the power of decentralized technology. The platform aims to provide gamers and content creators with tools to connect, compete, and earn in a transparent and secure Web3 environment. Game studios can also benefit from access to an engaged Web3 gaming community, offering new ways to boost visibility and drive participation.

Soulbound’s Web3 livestreaming platform represents a significant leap in how content creators and gamers can interact with their audiences. Leveraging blockchain, Soulbound introduces features like stream-to-earn, an NFT sticker marketplace, and a prediction market, making users engage more deeply with the content while generating revenue. These blockchain-powered mechanisms create transparent and automated interactions and allow streamers to monetize their activities fairly and efficiently.

Through the platform’s bounty system, game developers can set up prize pools for streamers. Developers deposit funds into a smart contract, coming up with streaming challenges that incentivize participation. Bounty Hunters, or streamers, participate in these challenges over a set period, with rewards distributed based on audience size and time streamed. This transparent mechanism ensures that streamers are compensated proportionally, cultivating a fair and competitive environment.

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With a unique prediction market feature viewers can place bets on games or individual players, which generates additional revenue for streamers. This option enhances viewer engagement while allowing streamers to boost their earnings in new, dynamic ways.

Soulbound’s appearance at TwitchCon 2024 in San Diego follows its successful participation at TwitchCon Europe, which was held at the Rotterdam Ahoy in Rotterdam, Netherlands, on June 29-30, 2024. The company’s presentation in Europe introduced thousands of gaming enthusiasts to the exciting possibilities of Web3 livestreaming, and the platform is now poised to capture even more attention in San Diego.

The post Soulbound to Unveil New Web3 Livestreaming Platform at TwitchCon 2024 appeared first on HIPTHER Alerts.

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