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Showing posts with the label chain

Layer-1 Blockchain Berachain Nets $100,000,000 in Series B Funding Round

A new layer-1 blockchain has raised nine figures in a series B funding round that featured tech giant Samsung and several crypto venture capital firms. In a new announcement, the decentralized finance (DeFi)-focused blockchain Berachain (BERA) says that its latest funding round raised a staggering $100 million led by Brevan Howard Digital and Framework Ventures. Some notable companies that invested in Bera chain include Samsung Next, HashKey Capital, Animoca Ventures and Nomad Capital. As stated by Berachain co-founder Smokey The Bera, according to Bloomberg, “We see this raise as a major validation of our approach to building a block chain that’s built on feedback from real users and developers, and driving value to those groups who are actually contributing to the network’s growth.” According to Berachain’s website, Berachain is designed to have some interoperability with Ethereum (ETH) smart contracts and tools. However, it cannot replicate the Ethereum V...

MakerDAO co-founder proposes fork of Solana codebase for native chain

Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.” MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Solana’s codebase, and not the Ethereum Virtual Machine despite its long-running ties with Ethereum. MakerDAO’s native chain or what is currently dubbed as “NewChain,” is part of the fifth and final phase of the MakerDAO “Endgame” upgrade announced in May. The final phase is expected to take around three years to complete, and it will see the full re-implementation of the Maker Protocol into a new stand-alone blockchain. In a Sept. 1 X (Twitter) post highlighting the proposal, Christensen stated that: “After some research, I believe the Solana codebase should be considered as the basis for NewChain.” The last phase of Endgame is the launch of a native ...

Polygon becomes second-largest gaming blockchain after user activity surges in March

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Polygon overtook Hive for the second spot last month, with the Hunters On-Chain RPG partly driving the growth in unique active wallets. Surging user activity on Ethereum layer-2 scaling solution Polygon in March saw the network become the second -largest Blockchain Gaming network in terms of unique active wallets (UAWs). According to the “ Blockchain Games Report” published by decentralized application (DApp) analytics platform DappRadar, the number of UAWs engaging with Games on Polygon hit 138,081 in March, marking an increase of 53% from February. That figure places Polygon well ahead of third and fourth-ranked Hive and BNB Chain at 84,000 and 80,000 UAWs, respectively, while first-placed Wax is well ahead of the pack with 314,000 UAWs. “Polygon, a blockchain previously known for DeFi DApps, overtook Hive this month and secured the second spot. This is a positive sign for Polygon, as it is now gaining recognition as a gaming blockchain,” the report reads. A significant amount of ...

How blockchain technology and DeFi could help solve the housing crisis

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Home Construction Collective’s co-founders spoke with The Agenda podcast to explain why homes are so expensive and how decentralized finance might provide an answer. The prices of houses are sky-high all around the world, and homebuyers are feeling the pain. While affording a home has never been more difficult for many people, the ability to raise funds to construct new homes has never been easier, thanks to decentralized finance (DeFi). The newly launched Home Construction Collective is attempting to leverage blockchain’s coordination and fundraising potential in an effort to fund the construction of, and therefore increase the supply of, affordable homes. On Episode 14 of The Agenda podcast, hosts Jonathan DeYoung and Ray Salmond speak with Home Construction Collective co-founders Isaac Lidsky and Erich Wasserman about the housing crisis and how blockchain technology may offer a solution. Unpacking the housing crisis According to Lidsky and Wasserman, the housing crisis is not tru...