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Tag: PoS

22 Cannabis Leaders Who Will Shape the Industry in 2022

Make no mistake: 2022 will be a pivotal year in cannabis. We are (cautiously) emerging from the pandemic as a stronger industry. The chaotic past two years tested cannabis’s recession […]

The Future of Proof of Staking-as-a-Service: Exchanges, 0% Fees, and Centralization

After the inception of the World Wide Web/the Internet, numerous up-gradations have happened. Similarly, the same is being seen in the blockchain-run platforms and architectures. As blockchain operates via a decentralized framework, consensus algorithms are the common factor through which a platform or an application operates. This piece focuses on the consensus algorithm Proof of […]

The post The Future of Proof of Staking-as-a-Service: Exchanges, 0% Fees, and Centralization appeared first on PrimaFelicitas.

A New Frontier in Stablecoin Staking

USDT TRC 20 has become popular over time due to its unique benefits derived from the Tron Network. As a result, stablecoin staking for USDT TRC 20 has also increased, as more investors are looking towards cheaper and faster stablecoin options.  However, staking has its limitations, and new financial products have been introduced, such as ... Read more

The post A New Frontier in Stablecoin Staking first appeared on Blog.

We See Your Cashless ATMs, Marijuana Industry – Visa Sends Chilling Warning to the Cannabis Industry

Visa issued this compliance memo on December 2. The memo cites that the financial giant is well-aware of the ongoing scheme practiced by cannabis merchants to conceal cannabis-related transactions. The memo explains that cashless ATMs are not meant to disburse cash to cardholders; instead, they are POS devices that should be used with payment applications that are similar to regular ATMs. The cashless devices are used for purchases that are falsely labeled as ATM cash withdrawals. Purchase amounts are frequently rounded up to simulate a cash disbursement.

Official Launch of MAP Protocol’s Makalu Poc-2 Brings Much-Needed Upgrades

MAP Protocol's testnet, Makalu PoC-2 was officially launched on December 10, 2021. Makalu PoC-2 is equivalent to MAP testnet, in the sense that it upgraded the consensus mechanism on the basis of the original PoC-1. Makalu PoC-2 upgrades the consensus mechanism to POS, from the original POW, with high TPS performance standards. This allows it to utilize cross-chain transaction data (assets) and perform “on-chain upgrades” in a flexible manner, while greatly improving transaction processing speed.

Official Launch of MAP Protocol's Makalu Poc-2 Brings Much-Needed Upgrades



Makalu PoC-2 makes use of the IBFT algorithm to achieve message consensus between nodes and implement Validator registration and election functions in the form of on-chain contracts and supports. Makalu PoC-2 will also continue to support light client verification to verify on-chain transactions on the peer chain, while being compatible with and supporting EIP-1559. PoC-2 will continue to update multiple versions in the form of small version iterations.


MAP Protocol is considered the “Blockchain Assets Freeway,” as it is a cross-chain bridging protocol that aims to provide a secure end-to-end solution for any blockchain to move assets freely. To fulfill this role, MAP Protocol is built on three layers simultaneously.


The first layer, MAP Chain, known as the base layer, is a dedicated blockchain serving as the infrastructure freeway connecting all kinds of blockchains to break barriers.


Secondly, the asset layer provides an infrastructure freeway linking other blockchains (cross-chain support), allowing all kinds of assets to be mapped to MAP Chain in a non-custodial style via trustless smart contract. 


This is followed by the DeFi Application layer, allowing all kinds of applications, including but not limited to DEXs, games and NFTs that can be built with the cross-chain capabilities enabled by MAP Chain and MAP Assets. This also allows fast trades of NFT tokens in a cross-chain decentralized manner, while applications can be easily built using the underlying light client and assets vault.


Following the December testnet upgrade, the focus in the next stage will be on MAP's ecological construction, especially the high frequency of NFT and GameFi development that is changing the dynamics of the traditional gaming industry. This market has been always our key focus, and is expected to continue seeing explosive growth in the future. MAP Protocol is a cross-chain and will have its own independent ecology. For the future development of NFT and Gamefi, cross-chain will be an indispensable component that cannot be ignored.


MAP Protocol will deploy its applications on all the major chains, supporting cross-chain swaps. This will allow all the assets on MAP Chain to circulate freely across all chains. MAP Protocol also welcomes additional GameFi, NFT and Metaverse projects to publish assets on the MAP Chain and join the MAP ecosystem.


MAP Protocol is also compatible with EVM. All EVM chain assets and projects such as Ethereum can be issued to MAP, and MAP will be motivated through various means including ecological incentives.


To promote MAP Protocol's cross-chain technology, cooperation and partnerships opportunities with more public chains will be established. For the purpose of accessing more public chains, MAP will optimize protocols and provide support for cross-chain oracles, lending and other DApps.


About MAP Protocol


Map Protocol is considered the “Blockchain Assets Freeway”. It is a cross-chain bridging protocol that aims to provide a secure end-to-end solution for any blockchain to move assets freely, i.e., allow fast trades of NFT assets in a cross-chain decentralized manner. Please visit MAP Protocol online for more information. 


Website: https://www.maplabs.io/


Media Contact:

Rena Kim

cooperation@maplabs.io

Keith Karlick Shares How to Build Engaging B2B Experiences at Make it Big 2021

With the rise of millennial buyers, more B2B businesses are looking to create B2C-like buying experiences.  At BigCommerce’s 2021 Make…

How to do Cashflow Forecasting

One of the most unpleasant surprises new and fast-growing eCommerce companies face is how quickly they run out of cash.  There are a few culprits here that cause a company with record sales sales to quickly become cash starved: Financing Purchase Orders:  The biggest drain on cash is having to front funds for for purchase […]

London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds

The London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter since going live...

Payment Gateway Comparison: A Comprehensive Guide

The biggest concern that brings most merchants to payment gateway comparison is the balance of three P’s: People (1), Payments (2), and Pricing (3).  E-retailers seek to partner up with a reliable bank & a secure tech solution (1) to authorize and settle payments smoothly both for a customer and for the merchant (2) at […]

The post Payment Gateway Comparison: A Comprehensive Guide appeared first on Elogic.

A Digital Wallet Guide: What is E-Wallet Used For?

In this era of contactless interactions and transactions, many products are changing how we do things, especially in finance. And these game-changing software solutions don’t come better than digital wallets (or e-wallets). Market projections estimate that the market for mobile payments and digital wallets could grow by 26% before the end of 2025. This explains […]

The post A Digital Wallet Guide: What is E-Wallet Used For? appeared first on SDK.finance - White-Label Digital Core Banking Software.

Venture Capital Firm Starts New Half-Billion Fund Focused On Algorand

Borderless Capital, a venture capital firm based out of Miami, has launched a new $500 million fund focused on Algorand (ALGO). The firm announced that its new fund will aim to invest in projects built within the Algorand ecosystem, and is set up to tackle the creators economy with non-fungible tokens (NFTs), as well as […]

The post Venture Capital Firm Starts New Half-Billion Fund Focused On Algorand appeared first on Coin Bureau.

Bluefin and VBO Tickets Announce Partnership for PCI-Validated…

"This partnership delivers on VBO Tickets’ commitment to colleges and universities to provide the best payment security, by partnering with Bluefin,...

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