Blockchain
Ring; a Cryptocurrency Antidote to Brexit, by Litecoin Cash
As the UK leaves one union, another is formed. On 18 February 2020, Ring will be forged by unifying the chainstates of four established cryptocurrencies. With revolutionary new features and a huge initial distribution, Ring truly has something for everyone.
A different kind of monetary union: Bitcoin, Litecoin Cash, Dash, Doge.
Together, rewarding these coins will constitute the largest cryptocurrency initial distribution to date and capture over 30 years of cumulative blockchain history across more than 30 million individual addresses.
Be a holder of any of these 4 coins on 18-February-20 to receive a proportional entitlement to Ring.
More details including the claim ratios may be found at the website.
Democracy in mining
Ring offers fully democratized mining, while maintaining the highest level of security. We’re really putting power back into the hands of people. Three revolutionary methods of securing the chain will be available directly from within the core wallet.
Simply download it, and everything is there at your fingertips on a user friendly platform, ready to go.
Minotaur: A new custom designed ASIC-resistant, CPU-based, Proof-of-Work algorithm, available from right within the wallet.
Simply connect some cores. You are now a crypto miner!
Hive Mining: The solid foundation meets a worldwide audience.
Bringing an agent-based and energy-efficient mining dimension to the blockchain, an entirely new iteration of the revolutionary Hive Mining technology, from Litecoin Cash.
On-chain agents (dwarves) are created that mine on your behalf, eliminating the need for specialized hardware. Anything from a Raspberry Pi to your normal desktop PC is fine.
Become a Dwarf master and earn Ring while securing the blockchain.
Proof-of-Play: The game changer! Requiring zero investment.
A unique framework has been developed for implementing gameplay that can be used to secure the network.
Ring provides a fun way for new users to start earning crypto by playing games within the wallet!
Bridging Divisions through communication and sharing:
Finally, we are excited to announce that Ring will shortly integrate ‘The Rialto’.
Shakespeare’s Rialto was a street in Venice where merchants would meet and discretely conduct their business.
Our Rialto is a completely decentralized chat platform with an integrated low-friction payment system, all powered by the same encryption you trust every day to protect your coins. Here you can securely meet and realize true, frictionless cross-border financial reconciliation.
Ring – the latest development from the team at Litecoin Cash.
We look forward to this journey and the future ahead, taking this innovative and exciting technology Global.
SOURCE Litecoin Cash
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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