PoS

London, United Kingdom, August 26th, 2024, Chainwire FSL, a leading web3 product development studio, proudly announces the launch of Super Useless Token ($SUT), the studio’s debut meme coin on the Polygon PoS network. $SUT is a playful, tongue-in-cheek venture into the meme coin world, designed to entertain and engage the crypto community in a whole new way. Meme coins like Dogecoin and Shiba Inu have shown that community and humor are just as valuable as technical utility. FSL embraces this…

Tokyo, Japan, July 29th, 2024, Chainwire DOP, the Data Ownership Protocol has announced its upcoming deployment on Polygon PoS. This move aims to enhance interoperability and efficiency, giving users greater control over their personal information on the Polygon network through selective transparency. “The integration of DOP into the Polygon ecosystem underscores the need to bring selective transparency to a wider audience”, DOP expressed in a blog post. “Our attention will turn to establishing a bridge between Ethereum and Polygon PoS…

Azuro has launched a grant program worth $20,000 to support the development of prediction applications on the Polygon POS. Azuro will offer $4,000 for new dApps or the addition of complex features to existing applications and technical support to developers. Azuro, an online predictions layer for EVM blockchains, is offering up to $20,000 in grants for developers building prediction dApps on the Polygon network. Azuro announced the initiative on Tuesday, describing it as “an exciting grant opportunity to foster the…

New York City, New York, May 24th, 2024, Chainwire PlayFi, an AI-powered data network and blockchain tailored for the gaming industry, today announced its plan to conduct an exclusive node license presale on Polygon PoS Network. This sale deployment on the Polygon network marks PlayFi’s entrance into the market, showcasing its commitment to integrating blockchain technology into the traditional gaming world.  “We believe that launching our node license presale on Polygon PoS points to a pivotal moment in how blockchain can…

New York, USA, May 23rd, 2024, Chainwire Orderly Network has partnered with Quickswap, the leading DEX on all Polygon chains, to launch QuickPerps: Falkor, a next-generation decentralized Perpetual Exchange. This integration unlocks a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly's innovative omnichain vaults: Enhanced Liquidity: Orderly's robust liquidity layer combines with Quickswap's, enabling leveraged trading with tighter spreads and lower slippage.Effortless Cross-Chain Trading: Deposit, withdraw, and trade assets seamlessly across all…

Ernst & Young launches the OpsChain Contract Manager utilizing Polygon PoS, aiming for enhanced contract management efficiency and cost-effectiveness. The crypto market shows diverse investment opportunities with varying levels of risk and potential return, with specific altcoins highlighted for significant potential gains. Ernst & Young Global Limited, commonly known as EY, is a global leader in professional services and one of the largest professional networks worldwide. Dedicated to building a better working world, EY offers insights and services that create…

In the rapidly evolving landscape of blockchain technology, Ardenium emerges as a groundbreaking Layer 1 blockchain project, driven by the transformative consensus mechanism of Proof of Stake (PoS). With its vision to establish a self-sustaining ecosystem, Ardenium paves the way for the future of decentralized finance (DeFi) with Ardex, its decentralized exchange (DEX) ecosystem. From its innovative multichain Decentralized Exchange to the robust Ardenium Wallet supporting 50 blockchain networks, Ardenium stands at the forefront of innovation, placing utmost emphasis on…

Securities and Exchange Commission (SEC) Chairman Gary Gensler had some chilling comments for proof of stake cryptocurrency issuers on Thursday. The chairman suggested that a proof of stake (POS) consensus mechanism can bring a given cryptocurrency closer to security status. Thus, it would compel the project to operate under the commission’s laws and jurisdiction.  Bad News for Ethereum? The chairman reportedly shared his thoughts on POS cryptocurrencies with reporters after a congressional hearing. They would also coincide with the day…

After months of anticipation, September 15, 2022 finally saw the merger of the Ethereum mainnet execution layer and the Beacon Chain’s consensus layer. The Merge finally ushers in the days of Ethereum’s proof-of-stake (PoS) consensus mechanism. This renders defunct the proof-of-work (PoW) consensus for the Ethereum network. In his celebratory and congratulatory tweet, Ethereum’s co-founder, Vitalik Buterin, said the Merge “is a big moment for the Ethereum ecosystem.” And the NFT community did not hesitate to prove this fact. https://twitter.com/VitalikButerin/status/1570306185391378434?s=20&t=Lqq0NpxNi6-KQDE65m5zMA…