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KuCoin Announces Listing ThunderCore’s Native Token TT

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Leading crypto exchange KuCoin has announced that it has listed ThunderCore’s token (TT), the native cryptocurrency that powers the ThunderCore network – a high-performance layer-1 chain and burgeoning Web3 ecosystem.

Since launching in 2017, KuCoin has made inroads into over 200 countries, with over 600 coins available to buy, sell, and trade. The exchange attracts a large cross-section of traffic due to its low fees, wide selection, and interest-earning functions.

ThunderCore is an EVM-compatible public blockchain that seeks to balance speed and scalability with superior security. It was founded in 2017 by Chris Wang, a prominent Silicon Valley tech entrepreneur and former Google and Disney executive. The chain delivers sub-second confirmation times, ultra-low gas fees, and is one of the top 10 most used public blockchains, according to DappRadar.

With its own native wallet, TT Wallet, ThunderCore makes it easy for startups to outsource storage security functions to the blockchain’s core developer team. The company is committed to continually improving the wallet’s UI/UX design, streamlining various “fiat-in” options, and adding new features such as NFT functionality.

ThunderCore’s aggressive expansion in 2022

The ThunderCore blockchain has made enormous strides not only in the development of its ecosystem, which now includes hundreds of projects and has reached over 400K daily active users at times, but also in terms of partnerships, technology, and adoption.

Since late 2021, ThunderCore has aggressively pursued new opportunities and achieved the following milestones:

  • In October 2021, ThunderCore initiated the Iris Hard Fork, which boosted its cross-chain capacities due to improvements in EVM compatibility. This helped the chain to become more appealing to projects aiming to scale.
  • In November 2021, they launched the $10M Developer Growth Fund, incentivizing a broad array of blockchain projects and developers to build on ThunderCore. Divided into multiple phases, the initiative has seen many companies receive grants, promotions, technical aid, and business consultations for on-chain projects.
  • In March 2022, of this year, the team partnered with innovative cross-chain aggregator XY Finance to enhance ThunderCore’s bridging capacities. XY Finance is a crypto exchange aggregator for the metaverse and DeFi.
  • In April 2022, the blockchain rebranded to better reflect the company’s identity as an all-encompassing platform aiming to revolutionize Web3 and onboard new users through mobile entertainment, thereby attracting many new partners and developers.
  • In July 2022, ThunderCore joined with leading cross-chain routing protocol Multichain to further boost bridging functionalities. Multichain is a dominant player in the cross-chain sector, with a daily volume of over $100 million.
  • An eclectic range of entertainment-facing DApps were rolled out throughout 2022, massively expanding the ThunderCore ecosystem, while a huge influx of new users helped the chain to gain sizable traction and network effect in dynamic new industry sectors. These include the NFT platform OurSong, VR SocialFi platform MomentX, GameFi offering Galaxy Blocks, and NFT/e-commerce pioneer RE:DREAMER.

ThunderCore Outlook

Given the proven background and deep expertise of its founder Chris Wang in the videogame industry (Chris previously sold his social gaming company Playdom to Disney for around $750 million), it’s no surprise that ThunderCore views entertainment as the secret gateway to onboard the next 1 billion users to Web3. The company has sought to attract legions of fun DApps, whether they be related to NFTs, GameFi, or the metaverse, by offering strong funding incentives and continually rolling out new features and partnership.

For the remainder of 2022, ThunderCore predicts there will be more projects onboarded through ThunderGene. This is likely to boost the daily active user totals over the half-a-million mark, according to the company.

ThunderGene tool to simplify Web2 to Web3 migration

Currently, the company is in the process of launching its newest product, the ThunderGene API tool. Made for its growing developer community, the team at ThunderCore makes it extraordinarily easy for Web2 programmers to make the jump to Web3. The API tool streamlines the process of creating coins and NFTs on ThunderCore as well as integrating DApps directly into TT Wallet.

With a long slate of projects set to take off in the fall and winter, ThunderCore expects the utility of TT is only at the beginning of its growth cycle.

Blockchain

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

Correction: CBiGroup Completes $15M Series A Funding, Focuses on R&D

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CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

COTI V2 changing private play on blockchain via encrypted circuit

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COTI V2 is revolutionizing blockchain technology with private play through encrypted circuits, offering enhanced speed and efficiency. Currently, the Genesis builder network is live, and the company is inviting developers to join their program. The network supports private play upgrades for Ethereum.

As a privacy-focused Ethereum layer 2 solution, COTI V2 employs advanced encryption technology and encrypted circuits, enabling operations on all devices without compromising personal data.

The primary goal of COTI V2, as outlined in its whitepaper, is to address private play issues on blockchains. Developers can protect privacy through encrypted circuits. The COTI V2 Devnet provides a user-friendly, connectible EVM space (gcEVM) using the Solidity programming language.

Additionally, the COTI V2 network offers developers tools for privacy play with TypeScript and Python SDKs, along with EVM RPC, documentation, a faucet, an explorer, and Hardhat.

COTI has received positive feedback from Civic, a provider of Web3 identification toolkits.

The COTI Foundation plans to launch a privacy-focused growth fund, the ABC Growth Fund, allocating 400 million COTI tokens to provide real-time privacy services.

Developers using the COTI V2 builder network can explore use cases such as confidential DeFi, private payment transactions, stablecoins and RWAs, on-chain data control, confidential AI and machine learning, and decentralized identity recognition.

According to COTI CEO Shahaf Bar-Geffen, the COTI V2 builder and developer program is now available to the public, inviting developers to join the network.

Source: cryptonewsz.com

The post COTI V2 changing private play on blockchain via encrypted circuit appeared first on HIPTHER Alerts.

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