Blockchain (43)

Authored by Kiwi Yao, researcher @OKX Ventures and repurposed by Kelvin Lam, CFA This is the second part of the Ton Ecosystem and Industry Analysis Report . First part of the report: A Deep Dive into the TON (The Open Network) Ecosystem

Hong Kong, October 16, 2023 - OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX , today announced its participation in Celestia Lab 's Series B funding round, which took place last year.

Blockchain technology has revolutionized the way we think about trust, security and value transfer. However, one of the challenges facing blockchain networks is their limited interoperability. Each bl

Today we're seeing all kinds of decentralized applications (DApps) that make use of smart contracts to offer revolutionary levels of transparency, security, and autonomy. Unfortunately, they tend to operate in silos — sheltered from the ongoing catalysts of real-time events. That's where blockchain oracles like Pyth come in.

When Venom Foundation first announced VENOM's tokenomics earlier this year, social media was ablaze with rumors of a VENOM airdrop. This was because eagle-eyed white paper readers highlighted the 22% of VENOM tokens allocated to its community. With almost 1.6 billion VENOM tokens at stake, airdrop speculators went into a frenzy. They claimed VENOM could be the next big thing as the potential VENOM airdrop rivaled some of the largest airdrops the crypto space has ever seen.

Could blockchain and data structuring take financial transactions to the next level? Towards achieving this goal, the Stellar blockchain offers swift, cost-effective financial transactions on a decentralized network, with XLM (Stellar Lumens) as its native token.

Since witnessing the rise of Solana throughout the 2021 bull market, we've had numerous other layer-1 blockchain projects emerge with big claims about transformative blockchain technology. One such layer-1 blockchain is Aptos — the project backed by ex-Meta engineers who were in charge of the now-defunct Libra and Diem project.

The crypto space has witnessed a remarkable variety of new token standards and exciting innovations. For example, the emergence of BRC-20 brought new possibilities to the Bitcoin network. Now, Ethereum has ERC-4337, which promises exciting new possibilities for the Ethereum ecosystem and wider Web3 adoption. Read on to find out more.

Polkadot wants to redefine the web, envisioning a decentralized future where individuals control their identities and data, free from central authorities. Polkadot is an advanced blockchain protocol built to link up numerous blockchains, such as private, public, consortium, and permissionless systems. Due to its one-of-a-kind relay chain technology, it's a fundamental tool for Web3, allowing for the transmission of data and transactions without trust.

Keep up with the top industry updates as we present bi-weekly market insights that are important to traders in the institutional space. In this week's edition, Kelvin Lam, CFA, Head of Institutional Research for OKX, delves into the Bitcoin ecosystem and its latest developments. He elaborates on why the Bitcoin ecosystem may have been overlooked and why it matters to institutions. Additionally, he shares key metrics to track the Bitcoin ecosystem and highlights key development trends to watch in 2024.

Most people in the crypto industry are familiar with the concept of decentralized oracles. Originally introduced by Chainlink (LINK), a decentralized oracle network delivers external data to the block

Cryptocurrency mining is an essential process that secures and verifies transactions within a blockchain network. Miners use computational power to solve complex mathematical problems, validate transa

Launched by a Decentralized Autonomous Organization (DAO) named MakerDAO in November 2019, Dai (DAI) is a crypto-collateralized stablecoin that's soft-pegged to the US Dollar at a 1:1 ratio. DAI is issued through an Ethereum-based named the Maker Protocol.

*By Sen Xu, U.S. Head of OKX Engineering* US-based tech companies typically place engineering careers onto two distinct tracks – Individual Contributors (ICs) and Managers. The success metric for ICs

Cardano stands out in the crypto landscape as a unique project. Its difference comes from its scientific philosophy and research-first approach that's underpinned the project since its start. An important cog in the Cardano machine is ADA, the project's native token.

The Avalanche Protocol is a groundbreaking, open-source platform designed to launch decentralized applications (DApps), custom blockchains, and interoperable networks. With its innovative consensus mechanisms and unique architecture, Avalanche aims to solve some of the most pressing challenges the blockchain industry faces, such as scalability, decentralization, and security.

BRC-20 has taken the Bitcoin community by storm since @Domodata created it on March 8, 2023. But what is the BRC-20 token standard? BRC-20 is a fungible token standard made explicitly for the Bitcoin blockchain.

Authored by Kiwi Yao, researcher @OKX Ventures and repurposed by Kelvin Lam, CFA TON ecosystem and industry analysis report Introduction In 2018, Telegram introduced TON (The Open Network), emerging as one of the prominent Layer-1 solutions in the cryptocurrency space. With its native token $TON currently holding a significant position in market capitalization, driven by user engagement and a thriving ecosystem, TON has garnered substantial attention. OKX Ventures has conducted extensive research on the TON network, delving into its intricacies and identifying key areas for future growth within the ecosystem.

When Telegram first announced its partnership with the TON Foundation , there was undoubtedly a collective surge of excitement for the future of Web3 and its mainstream adoption. That's because Telegram has given The Open Network (TON) and Toncoin a stamp of approval by choosing to adopt it as the preferred blockchain to work with for Web3 infrastructure foundations.

Blockchain technology has gained significant popularity in recent years due to its potential to revolutionize virtually every industry in some way. However, in order for blockchains to function efficiently, they require trusted and reliable data sources. This is where blockchain oracles come in.

Many believe that Polygon 2.0 could significantly change the landscape for decentralized application (DApp) development, opening up DApps to a wider global audience. The latest iteration of the technology is faster, cheaper, and more scalable than ever.

The Cosmos ecosystem is a decentralized network of independent blockchains. Cosmos blockchains, also called Zones, are parallel, interoperable and are highly scalable. For this reason, the Cosmos team refers to the ecosystem as the ‘Internet of Blockchains’. This powerful connectivity is one of the reasons the community is excited about Cosmos.

If you're a frequent crypto trader, you'll likely have come across Toncoin — the native cryptocurrency used across The Open Network platform. As a coin that once held the name Gram and was originally aimed at streamlining cryptocurrency payments directly on the Telegram platform, plans eventually fell apart due to the intervention of regulators. Fortunately, rather than let the open-source project fall out of relevance, the TON Foundation revived the project and made it The Open Network we know today.

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