Connect with us

Blogs

Prepare for Launch: Zilliqa’s New Testnet is Imminent

Published

on

Zilliqa

Third generation Zilliqa is almost ready to release the next version of its testnet. Testnet v2 will support their new smart contract language bringing a next-level security to decentralized applications (Dapps) running on the network.

Zilliqa Builds in Safety Measures

Scilla, the new smart contract language designed for Zilliqa, will make applications running on Zilliqa less vulnerable to attacks. By getting rid of certain known vulnerabilities directly at the language-level it will make sure that Dapps will be much safer to build and run.

Cryptocurrencies are at risk of security flaws. Recently EOS announced its bug bounty program, offering up to $10,000 for the most severe bugs found. Since May 31, 39 bugs have been found and resolved. The most recent one was June 27 and received the maximum bounty because it was so serious. By building safety into smart contracts, Zilliqa will be able to secure its reputation as a safe, scalable cryptocurrency.

In a blog post, Zilliqa said: “As a result, it is extremely important to ensure that a smart contract deployed on a blockchain is bug-free and safe. Safety of smart contracts is particularly critical because they are run in a Byzantine environment, where, every party involved with a contract can potentially be malicious.”

Developer Grant Program Announced

Zilliqa announced a developer grant program called the Zilliqa Ecosystem Grant on June 19. The main objective will be to support teams developing tools, libraries, and Dapps for the Zilliqa platform. The total funding for it will be $5 million of which at least 30% will be given out as ZIL. The projects will need to be long-term projects as the funding will be spread across a period of time. The Zilliqa team will also provide support and advice to the projects.

In a blog post, Zilliqa said: “To encourage the development and adoption of applications that are built on our platform we are pleased to announce the details of the Zilliqa Ecosystem Grant Programme — a pool of $5 million USD that will be given to great projects, teams, and individuals to start building tools and applications for the Zilliqa platform.”

New Dapps to #BuildonZIL

Spuul, an over-the-top provider of video streaming content have announced that Spokkz will be running on the Zilliqa network. Spokkz is a film and TV ecosystem. The provider has a user base of over 57 million users and provides content in 180 countries. This means it will have plenty of reach.

A new open entertainment network has also stated its intentions of building on Zilliqa. Bolt aims to use blockchain technology to change how we access content, data, and educational resources. They claim to be the world’s first open entertainment economy and are listed on the Switcheo exchange.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Austin via Flickr

Altcoins

Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

Published

on

TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

Continue Reading

Blogs

How Can Foreigners Get Loans in Singapore

Published

on

loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

Continue Reading

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

Published

on

Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

Continue Reading

Press Release