As the decentralized space is growing at lightning speed, projects need to adapt to the multichain future or risk becoming irrelevant.
Built based on a decentralized framework, such as blockchain or other distributed ledger technology, decentralized applications — also known as decentralized apps, or DApps — offer products, services, games and more. DApps can offer solutions similar to the centralized apps of the mainstream world, although traditional applications function on a centralized backend with a single point of failure.
Entities can build DApps on a number of blockchains. Ethereum DApps are built on Ethereum’s blockchain, for example, while Tron DApps run on Tron’s blockchain. Blockchains operate as the backbone for these applications, giving DApps greater security through decentralization. DApps can also cut out reliance on third parties that produce or host the technology on which centralized applications may be built.
The company indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge.21669
The new bridge is allegedly five times cheaper, faster, and more secure than before. The company says it is meant to act as a "growth engine" for future expansion.4884
A layer-one protocol that has been specifically built to serve DeFi has launched its mainnet.4250
Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.”6705
On the inevitable journey into the mainstream, crypto might replace one gatekeeper with another. Are we ready for this sacrifice?4956
The Provenance Blockchain Foundation launched its new, open source proof-of-stake blockchain in May. Shortly thereafter, parent company Figure Technologies announced a $200 million Series D funding haul.1685
Meitu has reported losses of $17.3 million on its Bitcoin holdings, with its Ether investment having gained $14.7 million despite the recent crypto downturn.12818
The arrival of interoperable solutions will be an opportunity for a positive shift in the public’s perception of blockchain.11228
A blockchain application platform is performing a testnet migration on July 1— delivering an array of tangible improvements.2367
Coinbase is looking to bolster its global presence, announcing it will focus on launching new products “in most countries by default” moving forward, including a crypto app store.10490
It may not have a meme dog or billionaire booster, but a privacy coin protocol is bullish about the value of anonymity.1949
"It is time to show the world what we are made of," said Rangers Protocol co-founder Mary Ma.2025
The move to a digital world, and the proliferation of cryptocurrencies, has unlocked exciting opportunities — but it’s also created new problems that need to be solved.3642
The latest version of a top hardware wallet goes beyond better security, bringing decentralized finance within its native ecosystem.6256