Decentralized

The post Future Finance DeFi Platform UnchainX Launches DEX (Decentralized Exchange) appeared first on Coinpedia Fintech News Future finance DeFi platform UnchainX successfully launched its DEX (Decentralized Exchange) on August 9, 2024. UnchainX is a DeFi platform on Binance Smart Chain (BSC) that allows anyone with internet access to easily trade cryptocurrencies with straightforward, secure, transparent, and fast transactions. On this day, UnchainX’s governance token, UNX, was listed on the UnchainX platform and continues to show growth. UNX debuted at…

The post Pics of Mollars.CC, a new Decentralized Crypto Exchange Shared, ERC-20 Token Rises +15% in 5 Days appeared first on Coinpedia Fintech News The Mollars (MOLLARS) token which first listed on crypto exchanges 2 months ago and rose nearly 300% in price before a market correction, may be set to enter a new bull cycle. The developers of the Bitcoin rival for Ethereum’s ERC-20 network revealed pictures of the new crypto exchange set to launch on Mollars.CC today.  And…

The post Sui Name Service Goes Decentralized: Power to the Community! appeared first on Coinpedia Fintech News Sui Name Service in its recent X (formerly twitter) post informed the community that they are going to become a decentralized protocol. Sui Name Service or SuiNS launched on the main net in 2023 has gone through major updates a few months ago. This time, it brought more interesting news for its community. Let’s learn about it. Announcing one giant step for openness…

Singapore, Singapore, August 8th, 2024, Chainwire As the technological landscape rapidly evolves, industries face significant challenges, including high data costs, inflexible networks, security risks, and costly network deployments. To address these issues, innovative solutions are crucial. These solutions will enhance network flexibility, security, and cost-efficiency, unlocking new development opportunities. XPIN Network is pioneering a new era of secure, autonomous, and decentralized wireless networks. XPIN's vision is to create a robust ecosystem for private and encrypted communications, enabling seamless information exchange…

Miami, United States, 5th August 2024 – Today, DexToro is proud to announce a significant milestone — the transition to a full-blown blockchain protocol. DexToro, founded by Nick Nechanicky in June 2023, has been on a mission to democratize access to financial opportunities. The DexToro exchange is known for offering perpetual futures trading across various assets, including cryptocurrencies, forex, and stocks. Today, DexToro transitioned to a full-blown blockchain protocol. This transition means that anyone, regardless of location or background, can…

The Decentralized Futures (DF) program by the Web3 Foundation is a major funding initiative aimed at bolstering the Polkadot ecosystem. With a fund of $20 million and 5 million $DOT, the program seeks to expand the network by adding self-sustaining participants. The DF program concluded its review process on July 31, 2024, awarding grants to teams and individuals across various disciplines in the Polkadot ecosystem. These include marketing, business development, onboarding, governance, and technology. Grants For Marketing The following exceptional…

Bit-Chess, a newly launched crypto project, proudly announces the presale launch of the world's first fully decentralized chess platform. This groundbreaking platform aims to bring millions of online chess players into the expanding cryptocurrency industry. The Bit-Chess team shared this exciting news on their X account (formerly known as Twitter), highlighting their commitment to revolutionizing how chess enthusiasts engage with the game in the digital age. Bit-Chess Launched Its Presale Phase Bit-Chess, the first fully decentralized online chess platform, has…

Polkadot’s governance mechanism allows the protocol to evolve over time while staying in line with its stakeholders’ expectations. The primary goal of this governance mechanism is to ensure that most of the stakeholders command the network.  Polkadot uses an array of novel mechanisms, such as an amorphous form of state transition function stored on-chain and defined in a platform-agnostic language, along with on-chain voting mechanisms. All changes made to the protocol must be voted on and agreed upon by stake-weighted…

The post Buterin Says Ethereum Is Largely Decentralized Compared To Bitcoin appeared first on Coinpedia Fintech News Vitalik Buterin has pointed out that Ethereum is in a better place than Bitcoin regarding robustness and decentralization. Speaking at the ETHCC in Brussels, Vitalik Buterin noted that two mining pools account for 50% of the computing power of Bitcoin while four make up 75%. Drawing lines with Ethereum, he stated that a large portion is unidentified meaning they are operated by a…