Nebulas, the next generation public blockchain aiming for a continuously improving ecosystem. and CertiK, a formal verification framework to ensure smart contract and blockchain security, announced a partnership. This partnership will see CertiK provide technology to help ensure DApps and smart contracts on the Nebulas blockchain are secure, reliable and resistant to hacking. Nebulas developers will also receive real-time, interactive verification feedback when building DApps and smart contracts, helping to free up time and effort previously spent on debugging and auditing code.
Nebulas and CertiK announced a strategic partnership. With this partnership, CertiK will provide formal verification for smart contracts and DApps developed on the Nebulas blockchain, enabling programs in the Nebulas ecosystem to be more robust and resilient to hacks.
Nebulas is a next generation public blockchain aiming for a continuously improving ecosystem. Based on its blockchain valuation mechanism, Nebulas proposes future-oriented incentive and consensus systems, and the ability to self-evolve without forking.
Meanwhile, CertiK offers a formal verification framework to mathematically prove that smart contracts and blockchain ecosystems are bug-free and hacker-resistant. The project is led by Zhong Shao, Thomas L. Kempner Professor and Department Chair of Computer Science at Yale University, and Ronghui Gu, Assistant Professor of Computer Science at Columbia University.
To make the verification process scalable, CertiK enables the decomposition of otherwise prohibitive proof-tasks into smaller and simpler ones, by using a layer-based approach. These verification tasks with smaller proof obligations can be encoded in CertiK transactions, which are then proven and validated by participants in a decentralized manner. With this, CertiK ledgers work as a certificate to ensure end-to-end correctness — verifying the security of the smart contracts and blockchains — in order to produce an entirely trustworthy and secure ecosystem.
Blockchain technology and programmable smart contracts have enormous potential to revolutionize the way business activities are conducted. However, smart contracts are open-sourced and immutable once deployed, making them vulnerable to hackers. Recent history, such as the incidents at the DAO and Mt. Gox, cautions that security must be of paramount importance in the blockchain and cryptocurrency space.
Through this partnership between Nebulas and CertiK, CertiK will help ensure that DApps and smart contracts deployed on the Nebulas blockchain are secure, reliable and resistant to potential hacks. With CertiK’s certified DApp libraries and IDE plug-ins, entrepreneurs and programmers will also get real-time, interactive feedback on code security when developing and deploying DApps and smart contracts on the Nebulas blockchain. As a result, significant time and effort previously spent on debugging and verifying the security and reliability of code can be saved.
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ISW Holdings Negotiating Purchase of Additional 300 to 900 Cryptocurrency Miners in Preparation for Phase 3 Expansion in Mining Operations
LAS VEGAS, February 11, 2021 (GLOBE NEWSWIRE) – ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company with commercial operations in Telehealth and Cryptocurrency Mining, is pleased to announce that the Company is currently in negotiations toward the purchase of an additional large number of miners (between 300 and 900) in preparation for its coming Phase 3 expansion in mining volume.
The Company previously announced that it is currently launching its initial Pod5 Cryptocurrency Mining Pod, a fully self-contained high-PUE mining solution designed, assembled, and installed in partnership with Bit5ive, LLC, (“Bit5ive”) at the Bit5ive 100 MW renewable energy cryptocurrency mining facility in Pennsylvania.
Expansion involves assembling, equipping, and powering up additional Pod5 units, each of which houses 300 miners and is capable of driving roughly $2.9 million in annualized revenues at current cryptocurrency market pricing. Management is targeting the acquisition of 900 new miners capable of equipping three (3) new Pod5 units, which would lead to an additional $8.64 million in annualized revenues from mining activities at current market prices.
As noted in prior Company communications, the Company began a four-phase process last year.
- Phase 1 (completed) was about integrating leading design solutions and establishing a supply chain to bring in industry-leading parts and equipment for the Pod5 mining solution.
- Phase 2 (completed) was about assembling and shipping its initial Pod5 unit.
- Phase 3 (underway) is the mining launch – targeting…
ISW Holdings Announces Pod5 Crypto Mining Pod Set to be Powered Up on February 12
LAS VEGAS, February 9, 2021 (GLOBE NEWSWIRE) – ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company with commercial operations in Telehealth and Cryptocurrency Mining, is excited to announce that its revolutionary Pod5 Cryptocurrency Mining Pod will be powered up into full operational launch at the Bit5ive renewable energy cryptocurrency mining facility in Pennsylvania on February 12, 2021.
“We are very excited to finally be ready to launch full mining operations at a time when margins are at historic levels following further strength in the value of cryptocurrency assets,” commented Alonzo Pierce, President and Chairman of ISW Holdings. “But make no mistake about it: we are doing this because we have a fundamental belief in the long-term future viability of cryptocurrency systems as stores of value and legitimate platforms for global commerce. We started diversifying our cash into Bitcoin nearly two years ago. And we partnered with Bit5ive early last year and began the design for our Pod5 unit when Bitcoin was still under $10,000 per coin.”
The Company formed a joint venture partnership with Bit5ive, LLC, (“Bit5ive”) in May 2020 to build and deliver an elegant, powerful, and efficient data center pod design. The Pod5 Datacenter is the result.
Designed in partnership with Bit5ive, and geared primarily for the cryptocurrency mining industry, the Pod5 Datacenter offers next-generation dynamic self-management functionality, plug-and-play operation, virtually non-existent maintenance needs, and an industry best-in-class 1.06 Power…
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…