Blockchain
Parity Releases Zebra, the First Alternative Zcash Client, to the Zcash Foundation
Today marks the alpha release of Zebra, the first Zcash client written entirely in Rust. Tasked by the Zcash Foundation to create a new alternative client to zcashd, Parity Technologies completed the initial implementation of a new Zcash client two months ahead of schedule. The codebase has now been handed over to the Zcash Foundation, which will develop and maintain Zebra. The client offers the Zcash community an independent alternative to the Electric Coin Company’s zcashd.
The project united Parity’s experience in building blockchain clients with the Zcash Foundation’s expertise in cryptography and zero-knowledge proofs. Both teams gained new knowledge and skills, while providing the Zcash community with a multi-client ecosystem.
“During our work on this Zcash client at Parity, we’ve gained insight and expertise into what it takes to build a Zcash client, while laying the foundations for a future Polkadot bridge. At the same time, the Zcash Foundation has been able to quickly kickstart a client implementation, creating a useful, competitive alternative to zcashd.
The community wins across the board, as there are now more core developers working on clients, with more interests represented and clients taking different approaches on how to build apps on top. Zcash can now boast a more diversified community that can effectively tailor experiences for Layer 2 developers as well as end-users.”
—Parity Technologies CTO, Fredrik Harryson
Alternative client implementations help developers quickly detect implementation-specific bugs that could cause consensus-related issues. Multiple client implementations also attract a broader audience of developers, who can start contributing in a language they’re familiar with. Zebra allows Rust developers to easily start hacking on and contributing to Zcash.
Open-source and licensed under GPL v3.0, Zebra has already been handed over to the Zcash Foundation’s Github repo where it will continue to be developed into a full-featured Zcash client. Zebra was derived from Parity Bitcoin, which led to a quick turnover and fast roadmap after the announcement of the partnership several months ago.
View Lightning Talk: Anna Kaplan (Zcash Foundation) & Marek Kotewicz (Parity)
With Zebra, users, developers and miners have a new avenue to engage with the Zcash ecosystem. Read the documentation in the Zebra repo as it continues to update and new features are added by the Zcash Foundation.
The release of Zebra marks the fourth major public network client implementation delivered by Parity Technologies. While Zebra will be primarily maintained by the Zcash Foundation going forward, Parity has learned a great deal in the development process, adding to the team’s extensive knowledge and experience in building core Web3 infrastructure. Special thanks to Anna Kaplan, Josh Cincinnati, and the rest of the Zcash Foundation team for making this partnership so successful and enjoyable.
SOURCE Parity Technologies
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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