development Tag

May 31st, Binance Smart Channel Launch a new technical roadmap. It aims to improve transaction speed, network decentralization and development support. According BSCthe new dApp offer to consumers “greater capacity, faster transactions, greater network decentralization, security and stability”.

Cannot attend #BNBCain Reveal Summit Live Stream? Do not despair ! 😉

In this thread, we’ll provide you with live coverage of the event so you can keep up to date with the most important news🥳

Watch on YouTube
👉https://t.co/RGrkB21pkI
or Binance Live
👉https://t.co/YZvtuRp7R5

— BNB Channel 🔶 (@BNBCHAIN) May 31, 2022

As a reminder, Binance Chain and Binance Smart Chain merged to form the former multi-chain infrastructure layer now called BNB Chain, in February. BNB Chain supported the new ecosystem as well as the governance mechanism of BNB.

Bonus: Tether holds part of its reserves in a small Bahamian bank, Capital Union.

The roadmap includes several notable developments.

• Actually, I gas trained her in a pad BSB increase to 200 million in the third quarter of 2022, i.e. double whatethereal had so far. This ensures faster and cheaper transactions and will provide “an experience dApp transparent even during network traffic shots,” the ad suggests.
• The announcement highlights that upcoming developments focus on the the decentralization of layer 1 blockchains. This by integrating open source applications into its beacon chain.
• Moreover, with the proposal BEP-131, the name of validators will also be decentralized from 21 to 41. In this way, the team thought it would offer users a higher degree of transparency and security.
• Known for allowing users to easily create their own platform through the BNB Application side chain (DOWN), BNB the chain will lead ZkRollups to DOWN and possibly to the system zkBAS. I noticed that the change could improve the balance between security and performance and increase the transaction deficit.
• otherwise, the solutions DOWN and zkBAS specify are designed for building an “application-specific infrastructure”. They will therefore deal with computing power and data storage.

The CEO of Binance, Changpeng ZhaoI stated that the features have improved make BNB Channel the future of blockchain. CZ said it would become a highly decentralized community-controlled product.

“The blockchain can do many things. The first applications focus on Challengebut i thought that BNB Chain is much larger than binance.com. The community decides that they are future. I thought that in the future, people interact with the blockchain without even knowing if it is money, banking, etc.

Also, Uri FerrucioFoundation Executive Director BNBalso shared his thoughts on the roadmap. I affirm that technical improvements are crucialbecause they could bring significant changes to developers and consumers.

Official News: Kazakhstan received $1.5 million back from Bitcoin miners in its first quarter of 2022.

The digital sales landscape has completely changed over the past two years. In the new normal, shopper habits will never be the same and brands must adapt to them to survive and thrive.

To help you in this process, we have analyzed the results on the sales status of the report of LinkedIn Sales Statement 2021 UK Edition. We tell you what its key findings are and dive into one of the big keys to today’s digital sales: more brand building and fewer cold calls.

(more…)

changpeng Zhao (CZ)founder and CEO of Binancethe world’s largest cryptocurrency exchange, recently met with the president of Kazakhstan Kassim Jomart Tokayevthe first deputy chief of staff Timur suleimenov and the minister Baghdad musinwho is in charge of the country’s innovation and digital strategy.

Collaborate in the adoption and regulation of cryptocurrencies.

Rather during the day, Binance signed a memorandum of understanding (SMOOTH) with the Government of Kazakhstan to support the “virtual asset market development” in the country. In fact, theThe signing of the memorandum of understanding will allow Binance contribute to thedevelopment of legislative guidelines and regulatory policies on digital assets.

According to the statement, the country’s Ministry of Digital Development wants to integrate the banking infrastructure with the crypto market. It also plans to facilitate the development and implementation of distributed ledger technology.”

In addition, during the meeting they discussed:

• the potential for long-term cooperation between relevant institutions in Kazakhstan and Binance in the field of digital finance
• from the implementation of cooperative education projects to blockchain technology.
  

In addition, the ministry and the exchange giant will work together. A collaboration to promote downtown Astana to local and global talent, by creating a regional blockchain center. In addition, the official visit of changpeng Zhao reinforces the exchange’s commitment to experiment in various fields.

Bonus: Cathie Wood’s Ark Investments resubmits bitcoin spot ETF application.

mining of crypto sustainability in Kazakhstan

As a reminder, Kazakhstan has become a key player in the Bitcoin market. (BTC) by embracing China’s mining might after the latter’s radical crackdown on the industry. Consequently, several mining companies have moved their operations to the country. This is to take advantage of cheap and abundant gas and favorable regulatory conditions.

However, the bitcoin mining boom in the country appears to be running out of steam. In fact, the influx of miners is testing thecountry power supply. A situation that led the government to restrict miners’ access to electricity.

In February, the President of Kazakhstan called for an increase in taxes on the extraction of crypto due to high power consumption. The country also cracked down on 106 minors crypto illegal, stopping their operations in the country.

To go further: Mercado Bitcoin in partnership with Stellar, for a significant contribution to the development of a CBDC in Brazil.