The vision paper outlines the various aspects of the Doge Protocol, including Quantum Resistance. One of the visions of the Doge Protocol is that it should be secure in the future as well.
Security itself evolves and quantum computers are a viable threat to blockchains. Hence the vision is to build a blockchain that is resistant to currently known quantum computer threats and to keep it evolving based on the changing security landscape.
Several use cases of the Doge protocol token were described in the vision paper, including the use of the doge protocol token for a stake in the upcoming Doge Protocol Blockchain and a possible stake in the upcoming satellite chains.
The various community-driven decentralized applications (dapps) described in the vision paper are as follows:
Doge Protocol is a community-driven initiative, and the vision paper reaffirms the commitment of the community in executing this vision. Follow-up whitepapers are expected to provide more technical details, when items called out in the vision paper are being executed.
Doge Protocol vision paper can be downloaded from the Doge protocol website: https://dogeprotocol.org
For those unaware, Unity Protocol is a 100% community-driven decentralized exchange with deflationary total supply. In a bid to further create awareness about the crypto space, the team at Unity Protocol is pleased to announce the introduction of its decentralized exchange.
The exchange will enable crypto enthusiasts to trade coins and make a profit in the process. The team will be collaborating with other tokens in the near future to create a formidable force in the crypto ecosystem.
Future Projects
Unity Protocol has a number of upcoming projects lined up for launching during this year.
Some of the projects include:
IDO Platform
This is a platform where the initial DEX offering will take place for Unitycom pre-sale. The platform will launch in September 2021. Only Unity holders will be able to participate in the presale.
NFT Marketplace
The NFT marketplace will be launched to encourage artists and content creators to earn passive income. The marketplace will enable digital content creators to sell their digital collectibles on Binance Smart Chain.
Crypto Bots
Unity Protocol will have crypto bots that will help you manage your funds and keep track of your portfolio.
Crypto Wallet
Unity Protocol will also have a crypto wallet that would be compatible with all operating systems with fully functional DAPP Browser.
Airdrop Program
The project is offering a massive AirDrop of UnityCom for UNITY Holders! 20,000 UnityCom per UNITY!
About UnityCom
UnityCom is another token of the Unity Protocol ecosystem. UnityCom is designed to appreciate everyone treating the token as a digital currency instead of an ordinary commodity.
UnityCom promises to bring great potential in terms of price increment and a host of other benefits.
Usecase Of UnityCom
UnityCom is created to spread crypto awareness among the masses, for that purpose we will try our best to enable its holders buying various Product & Services using their UnityCom balance.
In this regard, together with partnering with pre-established Online Shops & Services Providers, we will start our own Digital Shop and Hiring Portal to offer best possible products and reliable services on maximum possible discounts to the community.
With this extensive list of use cases, we will remind the world “Crypto Tokens are actually a Digital Currency” that is now a days treating like just a commodity.
Benefits Of holding Unity
Unity Protocol promised greater profits and more presales in the long-term. UnityCom’s pre-sale will commence in Unity IDO Platform, in September.
Team Members
Unity Protocol parades one of the finest teams the crypto ecosystem can offer. The team is led by Syed Ayat Ali Gillani, who doubles as the Founder. But that’s not all, Mr. Ayat Gillani is a well-known face of the cryptocurrency space in Pakistan and has been running a page of 60K members on Facebook where he provided signals for trading and educational videos of cryptocurrency as well. He is ably assisted by Tunj Ucan as the Co-Founder.
Nadeem Qureshi is the Marketing Lead for the team. The responsibility to oil the wheel of the project falls on the shoulders of Farjad Shah as the IT Manager. All team members are well-vast as far as the blockchain and fintech space is concerned.
About Unity Protocol
Unity Protocol is a community-driven and blockchain-powered decentralized exchange with deflationary total supply. Unity Protocol has a native token with the symbol “Unity.” The token is designed to create awareness of the potential of cryptocurrencies. The token also aims to solve all proceeding issues.
Whether it’s managing your crypto assets or securing your assets in a wallet, Unity Protocol has it covered. The project also has another token with the symbol “Unitycom.” Unitycom is being airdropped to people who hold the Unity token.
Unity’s mission is to increase the knowledge and awareness of the NFT marketplace, particularly to encourage artists and content creators to earn passive income. Unity will provide a platform for digital content creators to sell their digital collectibles on Binance Smart Chain.
Unity Protocol has a responsive customer service team that will handle many issues that users have through emails. This is one outstanding feature that stands the project out, as most tokens don’t do this.
It is a first of its kind token offering 1 to 1 customer support via email: [email protected].
Onomy Protocol has recently announced plans to open the world of Decentralized Finance (DeFi) to traditional Centralized Finance (CeFi) operators with its ambitious cross-chain stablecoin infrastructure. Institutions worldwide are looking to tap into blockchain’s edge on secure, trustless, and quick transactions. Financial entities are aware there is a Great Financial Migration currently underway, but they face significant stumbling blocks as they move their currency operations on-chain. Goldman Sachs’ Crypto Trading Desk is one of the first forays into blockchain by a major bank, with private entities like Fidelity Investments providing enterprise-grade custody and execution services for institutional investors. Likewise, JPMorgan has just announced plans to give wealth clients direct access to crypto funds.
Despite the acknowledgement of the promising underlying technology, volatility is cited as the primary concern holding back traditional institutions. This has led to the proliferation of ‘stablecoins’ that are digital crypto tokens pegged to major national currencies, enabling access to decentralized finance and crypto financial infrastructure whilst evading volatility concerns. Stablecoins have grown from a market capitalization of $10B, to over $108B within the year, spawning an entirely new segment of financial products that offer extremely competitive yield when compared to traditional financial products. Stablecoins are currently dominated by US Dollars, but Onomy Protocol sees an imminent future wherein other major national currencies will gain prominence in the cryptocurrency space – opening the door to foreign currency exchange markets (Forex) migrating on-chain.
Onomy Protocol provides the bridge for this migration, empowering institutions to onboard their fiat exchange operations on-chain through the use of stablecoins, conceiving a new and enhanced outlet for the $6.6 trillion daily volume traded across the foreign exchange markets. Through Onomy, users are empowered with a secure platform to onboard their liquidity into decentralized finance in a manner that evades volatility concerns and provides access to novel products and yield opportunities not present in traditional finance.
By making Forex more accessible by plugging it into the booming blockchain economy, it opens opportunities for banks, enterprises, and retail users to enhance the utility of their assets. Institutions have traditionally struggled to implement new technologies at scale due to the size of their operations and depth of asset pools, but Onomy Protocol’s products will sustain the migration.
Moreover, each blockchain platform is siloed unto itself, increasing friction and inefficiencies when attempting to exchange assets cross-chain. Onomy is built on cross-chain architecture, enabling assets to transfer freely amongst prominent blockchain economies.
Onomy Protocol bolsters adoption through the suite of products available on its ecosystem, powered by the ONET blockchain, a Proof-of-Stake and application-specific network operating at unprecedented efficiency. These include the ONEX (Onomy Exchange), a hybrid DEX that converges automated market maker (AMM) and order book functionalities into a standalone stablecoin & native assets exchange, suitable for emulating the Forex market on-chain.
The stablecoin economy is a force to be reckoned with, granted that even under the heavy storm of market plunges, stablecoins have proven resilient and have effectively maintained their peg, allowing for the entire market to grow due to the confidence in these digital safe havens.
Onomy Protocol therefore plans to build on the success of fiat-pegged digital assets, opening this economy to holders of the world’s 100+ currencies, who may easily mint, trade, and lend stablecoins.
Institutions will participate and onboard liquidity into a cross-chain stablecoin economy in an efficient manner that emulates and eventually supersedes their traditional operations. With trustless transactions being validated at speed, financial institutions can leverage their currency reserves to take advantage of the DeFi marketplace and other opportunities that develop as blockchain technology evolves.
To enact this goal, Onomy has announced one of its partnerships with Avalanche, a prominent and interoperable blockchain economy backed by Andreesen Horowitz’s A16z crypto fund, which facilitates the deployment of decentralized apps and enterprise blockchains.
Onomy Protocol aims to serve as the world’s decentralized reserve bank. In allowing both retail and institutional users to mint, deploy, exchange and utilize their currency reserves through digital stablecoins that can interact with the entire DeFi landscape, it solves long-standing issues that hamper the potential of the Forex market. Just as the computer and the movement away from the gold-standard unleashed an economic explosion in the mid-seventies, Onomy hopes to be the bridge that realizes the potential of currency markets, and currency itself.
Recently, Insider Protocol has announced that they go to Binance Launchpad with Hedge funds partnerships. The Insider Protocol project is developing very rapidly with their unique ecosystem modules. Now, the team has unveiled more core technical details about the cross-chain itself.
The project’s entire ecosystem is rigged on the main index – the IPRO token. However, there are a lot of very important elements for the crypto community in addition to it. This is the speed of transaction confirmation and the commission paid by the user for this operation.
It isn’t a secret that at the time this article was published, the cost of gas to pay for ETH transactions is huge and amounts to about $90, and in some cases more than $100. With such huge fees for many users, the commission very often exceeds the size of the transfer itself. As a result, people must wait until the commission becomes less or completely abandon the transfer and look for alternative ways. This is terrible and totally unacceptable in the current matter of time.
The project has achieved amazing results for several years of hard work, solving these and other very important fundamental issues for the whole crypto market.
The Insider Protocol ecosystem is a huge cross-chain project in which users can transfer their funds between many different networks without any restrictions. For example, from the ETH network, users can easily transfer the funds to the Polkadot network and vice versa. And they won’t be limited to just these two networks. There will be supported next networks: Binance, Polkadot, Cosmos, Ethereum, etc.
The Insider Protocol integration modules allow developers of any projects on any networks to easily integrate amazing transaction speed of less than 1 second into their projects and apps. Along with instant transfers, the Insider Protocol team also achieved multiple reductions in the cost of commissions with less than $0.02. Moreover, the team continues to work in this direction and already understands how to further reduce the transaction cost by the time the main network is launched.
Any third-party developer can write the code itself for development in a convenient language, because the project has support for Rust, Move, C, and C ++. Leave the concept of sharding in the past. Networks can be scaled without sharding and layer 2 solutions.
Insider Protocol are now looking at Alphabit, Andreessen Horowitz, and Alameda Research for partnerships & collaboration as some of the first steps ahead of going to Binance Launchpad, where BNB coin holders will be able to receive IPRO coins.
And a little about the approach to data privacy, a new zero-knowledge-proof methodology will solve many of the existing data privacy issues quite simply as well as scalability issues. The point is that the team figured out how to change it and understood how to radically improve the entire methodology during transaction verification in the blockchain. Thanks to this, confidentiality will change significantly in the direction of privacy.
The main idea of that is to use new parameters, with the help of which any network participant can programmatically prove a particular transaction was carried out correctly and without errors. Moreover, all data of the transaction itself remains hidden. This is only possible using the zero-knowledge proof that provides excellent scalability and confidentiality. The application of this method is very wide and could turn the entire cryptocurrency market upside down. After all, while saving user data from prying eyes, endless prospects are simultaneously possible for creating any applications in the field of banking, retail, etc.
At the moment, the IPRO team is preparing to launch the mainnet which will tentatively happen in the next few months. More details about the specific dates can be found in the News section on the project’s website and on the Telegram channel.
Media contact Company: Insider Protocol Contact: Media Team E-mail: [email protected] Telegram Support: @ipro_support Telegram: https://t.me/insiderprotocol Twitter: https://twitter.com/InsiderProtocol Website: https://insiderprotocol.com YouTube: https://www.youtube.com/channel/UCmlbF0cq4Mul4EyDB5Na9JA
Butterfly Protocol (www.butterflyprotocol.io), the blockchain-based web naming system built for the decentralized internet, today announced that it is opening up additional sponsorship options for top-level domains (TLDs), allowing anyone to create and totally control their own decentralized, token-powered ecosystem. This move compliments the original sponsorship option where TLDs can be sponsored and are controlled by the common governance contract.
The movement to a decentralized web has been accelerating recently due to highly visible censoring such as Facebook’s ban on allowing Donald Trump access to posting, the takedown of the Parler social media app and the continuing restrictions on free speech by authoritarian governments. Blockchain domain systems such as Unstoppable Domains, Handshake and ENS have been paving the way for making the decentralized and distributed web accessible and Butterfly is taking that access to a new level.
As opposed to the existing platforms, Butterfly allows for the sponsorship of practically any TLD. Rather than being stuck in the confines of .crypto or .eth as TLDs, sponsors can create their own such as .token, .defi or even .trump, .biden, or .obama. As a decentralized autonomous organization (DAO), Butterfly does not limit the community to what can be created but there are measures being initiated soon to discourage the use of existing TLDs from other sources and those that are clearly trademarked.
The process to sponsor TLDs can come in two forms. The light version where anyone can go to the ButterflyProtocol.io domain panel and contribute approximately 9000 BFLY tokens to initiate the creation. Or the custom option where it requires 100,000 BFLY tokens for complete control of that TLD’s domain environment. For custom requests, Butterfly support works directly with the sponsor for the creation of the TLD and the subTokens associated with that name.
To learn more about the Butterfly Protocol, the BFLY token and how to participate in the quickly evolving decentralized web, please click here.
About Butterfly Protocol
Butterfly Protocol is a blockchain-based web naming system built for the decentralized internet. Butterfly’s Decentralized Autonomous Organization offers a registry platform that allows people to purchase top-level domains using cryptocurrency in the form of its utility token, BFLY. Butterfly Protocol uses blockchain technology to create a system similar to ICANN without centralized control. Butterfly Protocol allows anyone to suggest, sponsor, or bid on the creation of new top-level domain names, and receive a share of the tokens associated with the name, which they can use to create subdomains and continue growing the decentralized web. Along with domain names, Butterfly allows for each domain address to be used for several unique functionalities, including cryptocurrency transactions, messaging, and social media.
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