Blockchain
DappRadar Lists the Tetra Staking Wallet by Orbs and Tracks Multichain Staking Contracts
Orbs continue to turn heads in the DeFi and blockchain world. Its Tetra staking wallet is now on DappRadar, improving the tool’s visibility and overall adoption.
Tel Aviv, Israel–(Newsfile Corp. – April 21, 2022) – Orbs checks off another crucial milestone as its Tetra staking wallet is now tracked by DappRadar. As one of the world’s dapp stores, DappRadar allows users to explore and track crypto dapps and their performance. Since its launch in 2018 DappRadar has become an industry powerhouse, supporting over 10,000 decentralized applications and offering trusted data and coverage on every tool.
Now that Tetra has been listed by DappRadar, users receive all the necessary information on the Tetra dapp page. This includes a description, ranking, GitHub links, social links, etc.
In addition, DappRadar has begun monitoring the Orbs staking smart contracts deployed across Polygon and Ethereum. The combined Total Value Locked (TVL) of these contracts has surpassed $200 million in staking ORBS using Tetra. It confirms that many appreciate the staking wallet, because it offers a streamlined user experience.
Being listed on DappRadar makes Tetra discoverable for the wider blockchain audience. Their data brings transparency for all involved, allowing all to see unique active wallets and transaction volumes within the Orbs ecosystem. That ecosystem continues to grow and accelerate. The team recently unveiled its multichain staking solution as part of Orbs PoS V3.
Users can stake ORBS across Polygon and Ethereum with the help of the Tetra wallet. That wallet helps users select a Guardian to delegate their voting power and engage in staking.
The option to stake ORBS on Polygon makes the Orbs ecosystem more accessible and fuels broader participation by token holders. Additionally, it helps solidify orbs as a multichain protocol. The multichain nature of Orbs grants developers the option to build new features on Polygon due to the network’s efficient scaling and lower fees.
About Orbs
Orbs is a public blockchain infrastructure executed by a decentralized network of permission-less validators using Proof-of-Stake (PoS) consensus.
Orbs’ unique features designed for interoperability with EVM-compatible blockchains, together with its decentralized network of nodes, allow it to be set up as a separate execution layer (“L3” ) operating to enhance the capabilities of EVM smart contracts. By working in conjunction with other L1 and L2 solutions as part of a tiered blockchain stack, Orbs opens up a whole new spectrum of possibilities for DeFi, NFT, Metaverse and GameFi.
Orbs was founded in 2017 and launched its mainnet and token in March of 2019. Orbs is being developed by a dedicated team of more than 30 people, with offices in Tel Aviv, London, Singapore, Tokyo and Seoul.
For more information, please visit www.orbs.com, or join our community at:
- Telegram: https://t.me/OrbsNetwork
- Twitter: https://twitter.com/orbs_network
Contact
Ran Hammer
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121040
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
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