Worldcoin Sees 148% Surge in Unique Addresses, Top 20 Wallets Control 94% of WLD Supply
Worldcoin's native cryptocurrency, worldcoin (WLD), has experienced a significant increase in the number of unique addresses holding the token. Over the past 12 days, the count of individual addresses has surged by 148%, rising from 164,195 wallets to 408,721.
Sei Announces Mainnet Launch of Decentralized Blockchain with Fastest Time to Finality
Sei Network has announced the launch of its mainnet, declaring that its blockchain is now fully decentralized and ready for use. The Atlantic-2 testnet achieved the fastest time to finality of any blockchain, with validator nodes located in 12 countries across 3 continents. Sei's approach to achieving decentralization goes beyond data and token distribution, encompassing the physical location of network participants.
On Greek Mythology and Trustless Oracles
A story of oracles, blockchains, data, and decentralization.
Terra Luna Classic Community Passes Proposal for Governance and Decentralization in Commonwealth Transition
The Terra Luna Classic community has approved a proposal aimed at improving governance and decentralization in the transition to the Commonwealth forum. The proposal received 94% of votes in favor, with 3% abstaining and the rest rejecting it. The proposal suggests that L1TF lead developer Vinh Nguyen should become an admin until a new proposal is passed to determine future admins, and the community-owned Station wallet will integrate the Commonwealth button to reduce unfair control. Meanwhile, Terra Luna Classic's price is currently trading at $0.000081, down 1% in the past 24 hours.
Lugano to Host NFT Festival with Art, Music, and Gaming Events
The NFT Lugano Week festival, which has been a successful event in the past, is expanding this year with the support of crypto companies, local institutions, and universities. The festival will take place in the city center and will feature three specific areas: NFT Art, NFT Music, and NFT Gaming.
Proof of History: Against Decentralization
There has been a misunderstanding. It is a subtle but pervasive one, causing confusion about the nature of networks, democracy, and markets. And it is leading me to believe that the cherished “decentralization,” as a goal and a guarantor of benign aims like freedom and equality, has to be put aside.
GXRLS Revolution: Amplifying the Visibility of Female Artists in the Crypto-Art World
The GXRLS Revolution, a collective of 100 female artists, hosted its second event at EthCC in Paris to increase the visibility of female artists in the crypto-art world. The exhibition featured 25 female artists from around the world, showcasing a diverse range of digital art. The collective collaborates with artists to increase the value of their work and help them land in collectors’ portfolios.
dYdX Foundation Launches Public Testnet for Latest Version, Moving Closer to Complete Decentralization
The dYdX Foundation has launched a public testnet for its latest version, v4, which puts them ahead of schedule for the impending launch of the v4 mainnet. The new version aims to achieve complete decentralization for dYdX, which is currently considered partially centralized.
Andre Cronje: We Will Make Every Effort To Help Users Who Were Damaged by the Multichain Incident Recover Their Assets
Fantom founder Andre Cronje responded to the Multichain incident in the forum. The failure of Multichain was a "major blow" to the ecology. He had received a lot of guarantees from the Multichain team about server decentralization, access and geographical distribution. This incident teaches us not to trust lightly. The Foundation is currently exploring all options, working with relevant organizations to try to restore the assets, and will do everything it can to get everyone compensated.
Algorand's Pure Proof of Stake Mechanism Incentivizes Decentralization and Consensus Participation, Says CTO
Algorand's Chief Technical Officer, John Woods, explains that the pure proof of stake mechanism used by Algorand incentivizes individual participation and decentralizes the network. This is achieved by randomly selecting an individual from the entire set of stakers to validate and propose the next block. To ensure decentralization, Algorand encourages a diverse set of stakers geographically and computationally. The Algorand Foundation is exploring ways to incentivize consensus participation and is working on easy-to-run nodes and potential participant earnings. Despite competition from other blockchains, collaboration seems to be the best way to move the industry forward.
