Goldman Sachs, BNY Mellon take part in Canton Network pilot

Goldman Sachs and BNY Mellon were among the participants in a pilot for Digital Asset’s Canton Network, which has been deemed a success in regard to tokenised assets and enterprise blockchain.

A total of 155 participants, across 45 major organisations, demonstrated settlement across 22 permissioned blockchains connected on the Canton Network, while maintaining the controls required for regulated capital markets, as Digital Asset noted.

Participants ranged from asset...

DappRadar: Dapps industry grew almost 10% in May

According to the latest report from DappRadar, the decentralised apps (dapps) industry is picking up pace.

This May, the industry saw an almost 10 percent increase in daily unique active wallets (dUAW), averaging an impressive 1,967,051 dUAW.

Key sectors, like gaming and decentralised finance (DeFi), continued to exhibit promising signs of growth and stability—further asserting the importance of this thriving industry.

The gaming sector continued its reign as...

Jeremy Epstein, RDX Works: On the ‘practically unlimited scalability’ of Radix

Radix claims it will offer “practically unlimited scalability” with its novel consensus algorithm, Cerberus.

In 2019, Radix set a record for decentralised ledgers when it demonstrated the ability to process over one million transactions per second. For the demonstration, Radix replayed 10 years of Bitcoin’s transaction history in under 30 minutes. That demonstration used Cerberus’ predecessor, Tempo.

Despite the record-breaking demonstration, it was...

Ethereum Virtual Machine goes live on Cardano testnet

Ethereum developers that are considering defecting to Cardano can now test their dApps on the growing blockchain platform.

https://twitter.com/InputOutputHK/status/1535979507840167943

Cardano’s Ethereum Virtual Machine (EVM) has full compatibility with Ethereum upgrades and tools, Web3 wallet compatibility, can use the Ouroboros Byzantine Fault Tolerance consensus protocol, and inherit security from Cardano’s main chain.

Cardano vs Ethereum

Ethereum is...

Twitter Crypto formed to explore decentralisation on Dorsey’s platform

Twitter Crypto

Twitter Crypto is the name of the social networking giant’s new dedicated team being formed to work with crypto, decentralised apps (Dapps), NFTs, and other ledger technologies.

The latest push by CEO Jack Dorsey to bring digital assets into the mainstream, Twitter has hired Tess Rinearson to lead the team. An experienced software and crypto engineer, Rinearson has worked for Tendermint, Chain.com, and the Interchain...

Charles Hoskinson, Founder, Cardano: On restoring trust through decentralisation

The Block spoke with Cardano founder Charles Hoskinson about the blockchain industry and restoring trust through decentralisation ahead of the platform’s upcoming launch of smart contracts.

Hoskinson co-founded the current decentralised app platform leader, Ethereum, but left the project following a dispute about accepting venture capital and the need for a more formal governing structure. He went on to found Cardano in 2015 and became the CEO of the project’s main developer,...

Cardano is ‘building bridges’ to Ethereum with new KEVM testnet

Cardano Logo

Cardano is launching a new KEVM (K Ethereum Virtual Machine) to build a bridge with the leading smart contract platform’s developers.

Charles Hoskinson, Founder of Cardano and CEO of IOHK, was a co-founder of Ethereum. 

Disagreements over Ethereum’s direction led Hoskinson to create Cardano, taking a more academic approach to its development and fixing the notorious problems which have plagued the largest smart contract platform.

Cardano launched after...