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FTX partners with African payments company AZA Finance to boost web3 adoption

The crypto exchange giant is continuing its push into Africa with a partnership with AZA Finance to grow the continent’s web3 space.

The post FTX partners with African payments company AZA Finance to boost web3 adoption appeared first on The Block.

Cosmos Deep-Dive: The Internet of Blockchains

Cosmos Deep-Dive

Cosmos is a permissionless decentralized network of interoperable and independent blockchains that exchange tokens and information. Cosmos was established in order to overcome some of the problems that modern blockchains have. Scalability, governance, and usability are among these concerns. Blockchains can be separated into three conceptual layers from architecture:  Application layer: It updates the state of blockchain based on the execution of transactions.  Networking Layer: It is in charge of ensuring that transactions and consensus-related messages are propagated.  Consensus Layer: It allows nodes to agree on the system’s present state. The Cosmos is a decentralized network of autonomous, scalable, and interoperable blockchains powered by the Tendermint Core Byzantine Fault-Tolerant (BFT) consensus algorithm. Cosmos is all about the multi-chain world, seamlessly communicating data and tokens between numerous sovereign blockchains. This establishes a collaborative ecosystem because no project or blockchain in the ecosystem exists to compete with others; instead, Cosmos connects them all.  Features of Cosmos: Tendermint Core Cosmos SDK IBC Tendermint Core Tendermint BFT combines a blockchain’s networking layer and consensus layer into a generic engine, allowing developers to focus on the development of the application layer rather than the complicated underlying protocol. Tendermint saves hundreds of hours of development time as a result. Tendermint is also the name of the byzantine fault-tolerant consensus method employed by the Tendermint BFT engine. The Application Blockchain Interface connects the application layer of blockchains with the Tendermint BFT engine through a socket. Any programming language of your choice can be used to wrap the protocol, allowing developers to use whatever language best suits their needs. Cosmos SDK The Cosmos-SDK is an open-source framework for creating multi-asset public Proof-of-Stake (PoS) and Proof-of-Authority (PoA) blockchains, such as the Cosmos Hub. Application-specific blockchains are blockchains that have been created using the Cosmos SDK. The Cosmos SDK’s purpose is to simplify developers to build unique blockchains from the ground up that can natively interact with existing blockchains. IBC It’s a protocol that enables different blockchains to communicate with one another. Considering the legalities and constraints that needed to be met to make this communication process a reality was hard. IBC makes it easy to transfer tokens and other data in a trusted and frictionless manner. It opens up a world of possibilities allowing for interoperability and value transfer, without facing the scaling issues which can be seen today in many blockchains. How does IBC work? The logic behind IBC is very simple. Let us suppose, there is an account on chain X, and it wants to send 20 tokens (for eg. ATOM) to chain Y.  Tracking Chain Y receives the headers of chain X continuously and vice versa. This allows every chain to have the track record of the validator set of every other blockchain. For this purpose, each chain runs a light-client of the other. Proof Relay Proof that 20 ATOM tokens are bonded is sent from chain X to chain Y. Validation  The proof sent to chain Y is verified against chain X’s header and if the proof is found valid, then 20 ATOM vouchers are created on chain Y. Keep in mind that, ATOM tokens created on chain Y are not real, because real ATOM tokens still exist on chain X. Tokens present on chain Y are just a representation of ATOM on chain X, along with proof that these ATOM tokens are frozen on chain X. A similar process is followed to unlock the tokens when they return to their origin chain.  Tokenomics Use Cases of ATOM Token ATOM can be used in three ways: as a spam-prevention system, staking tokens, and voting method in governance.  ATOM is used to pay fees as a spam prevention method. Similar to Ethereum’s idea of gas, the fee might be proportionate to the amount of computation required by the transaction. Taking fees is necessary so that malicious actors don’t misuse the blockchain. ATOM can be staked to obtain tokens as rewards. The quantity of ATOM staked determines the Cosmos Hub’s economic security. The more collateralized ATOM there are, the more skin is at stake and the cost of attacking the network rises. As a result, the more ATOM are staked, the better will be the economic security, Governance: ATOM holders can also govern the Cosmos Hub by voting on proposals with their staked ATOM. Initial Token Distribution of Cosmos(ATOM) The Interchain Foundation held multiple private investment rounds, and a public fundraising event on April 6, 2017.  According to the Interchain Foundation, private Contributors, Public Contributors, All in Bits Inc (AiB), and the Interchain Foundation were the recipients of these newly created ATOMs.  In exchange for a $1,329,472.3 donation, strategic and early adopters received 7.1 percent of the first supply or 16,856,718.97 ATOMs. In exchange for $300,000, the seed contributors received 5% of the initial supply or 11,809,947.91 … Continued

The post Cosmos Deep-Dive: The Internet of Blockchains appeared first on Cryptoknowmics-Crypto News and Media Platform.

Charles Hoskinson, Founder of Cardano, Confirmed as Keynote Speaker at Blockchain Africa Conference 2022

Charles Hoskinson is a definite drawing card for any blockchain industry event. Bitcoin Events is therefore very excited to have the Founder of Cardano, and the Founder and CEO of Input Output Hong Kong (IOHK), return to the Blockchain Africa Conference as a Keynote Speaker. Charles will be discussing IOHK’s projects using the Cardano blockchain … Continue reading "Charles Hoskinson, Founder of Cardano, Confirmed as Keynote Speaker at Blockchain Africa Conference 2022"

The post Charles Hoskinson, Founder of Cardano, Confirmed as Keynote Speaker at Blockchain Africa Conference 2022 appeared first on CryptoCurrencyWire.

Selector, which develops AIops tools for networking monitoring, raises $28M

Spurred by the challenge, Kannan Kothandaraman and Nitin Kumar -- both networking industry veterans -- in 2019 launched Selector, an AIops platform for network, cloud and app delivery workflows.

The Best 20 Popular Online Wallets In The World

Digital wallets, which are becoming popular throughout the world as an alternative to credit and debit cards and cash, are a handy method to make payments. But which digital wallet application is the most reliable and trustworthy for you? The selection of the most appropriate wallet should be your priority, and to do so, it […]

The post The Best 20 Popular Online Wallets In The World appeared first on Fintech News.

Binance is Hiring a Country Director for the Philippines

172 people have so far applied to become the next Philippines Country Director for Binance.

The post Binance is Hiring a Country Director for the Philippines appeared first on BitPinas.

Gensokishi Online Hosts Campaign to Win in-Game Token ROND Whitelist for a Total of $10,000

PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of the award winning Nintendo Switch/PS4 game “Elemental Knights”. Genoskishi Online has set numerous records since releasing its website and various social networking sites on December 2, 2021. The community has grown to over 230k members since its release. The launch on Trsutpad sold […]

Penske Director of Enterprise Sales Named Top Woman to Watch in Transportation



The Women in Trucking Association (WIT) has named Penske’s Angela Tracy, Director of Enterprise Sales, to its 2022 list of Top Women to Watch in Transportation.


Redefining the Road, the official magazine of WIT, publishes the list annually to celebrate female industry leaders for significant career accomplishments in the last year, as well as their commitment to advancing gender diversity in transportation.

“At Penske, we see firsthand how building a more diverse workforce leads to outstanding results for our organization, our associates and our customers,” said Tracy. “I’m honored to be listed alongside so many talented and accomplished women who are shaping the future of our industry.”

Portrait of Angela Tracy Penske’s Angela Tracy, Director of Enterprise Sales, has been named a 2022 Top Woman to Watch in Transportation.

Tracy began her career at Penske Logistics 19 years ago as a data entry clerk. Upon graduation from college, she joined Penske Truck Leasing as a management trainee and advanced through several leadership roles, making company history as its second female district manager, first female area sales manager and first-ever director of enterprise sales. Last year, Tracy was recognized with the Penske Pyramid award as her area’s top sales performer.

Tracy is also a founding member of Penske’s Women in the Field network, which supports the advancement of women across the enterprise through professional development programs, networking and mentorship opportunities. She is a true champion for her female colleagues and has played an instrumental role in shaping Penske’s vision for a more inclusive, well-rounded organization.

The Top Women to Watch list has previously featured Chavela Brown, area vice president for Penske Truck Leasing, and Amy Ilyes, vice president of logistics engineering at Penske Logistics. WIT has recognized Penske as a Top Company for Women to Work for in Transportation for the past three consecutive years.

By Emily Foreman

How to Find a Good Roommate in a New City

Finding a great roommate takes work. Giving yourself ample time to find one means you’ll likely end up with a peaceful living environment. Read on to learn how to find a roommate in a new city.

The post How to Find a Good Roommate in a New City appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Apply now for our big Pitch Competition at this year’s EU-Startups Summit – Application Deadline: March 16!

On May 12-13, we’re going to host this year’s edition of the EU-Startups Summit in beautiful Barcelona. Alongside inspiring talks, unbeatable networking opportunities and insightful discussions, we also have the very exciting in-person return of our annual Pitch Competition! The deadline to apply is the 16th of March!  Like every year, our goal here is […]

The post Apply now for our big Pitch Competition at this year’s EU-Startups Summit – Application Deadline: March 16! appeared first on EU-Startups.

Atlantic City Chamber Member Drops Out After Group Backs Casino Smoking

The Greater Atlantic City Chamber of Commerce’s public declaration of its support for allowing indoor casino smoking to continue has consequences. It already led to one member severing ties with the business networking group. Atlantic Prevention Resources announced the cancellation of its commerce membership. The move came just hours after the Atlantic City Chamber expressed […]

The post Atlantic City Chamber Member Drops Out After Group Backs Casino Smoking appeared first on Casino.org.

Best B550 motherboard for gaming

The best B550 motherboards can prepare your AMD Ryzen machine for anything.

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