PNY LX2030 and LX3030 M.2 NVMe Gen3 x4 Solid State Drives: More Endurance for the Chia(R) Plotting Needs 16738

PNY announced today the launch of the LX2030 and LX3030 line of ultra high endurance SSDs to the company’s assortment of solid-state drives. The new LX families of SSDs offer ever higher levels of endurance designed for “proof of space and time” applications like Chia (XCH) Plotting.

Designed for Plotting
The PNY LX2030 and LX3030 M.2 NVMe SSDs are the ideal solution for “proof of space and time” applications like plotting Chia Coin. To secure the blockchain, the data needs to be first created in a process called “plotting”, which is only required once per plot file. This process is write intensive, so a desirable SSD for plotting has high sustained write bandwidth and endurance (TBW, or terabytes written). Typically this level of write performance and endurance was only seen on enterprise class SSDs.

Lifextension Technology
The PNY family of LX drives take advantage of Lifextension technology to offer a Chia Plotting TBW rating of up to 54,000 in the LX3030 2TB. To deliver such a high Plotting TBW, the LX series of PNY SSDs utilize an advanced AI Engine, LDPC and Flash I/F to improve NAND endurance, making them the best unit cost for plotting. Without sacrifice, you are able to take full advantage of Lifextension technology and the up to 18X better endurance by adding an LX drive to the system.

Statement From CHIA Team
“I’m very excited that PNY has partnered with Phison to deliver the first SSD for Chia plotting. The LX3030 is tuned for the Chia plotting workload, which requires a high amount of sustained bandwidth. Users can be at ease knowing they won’t wear out the drive easily – the LX3030 1TB can create 2PB of plots before wearing out. All of this is in an M.2 80mm form factor for broad compatibility. The entry LX2030 will be great for small form factor systems and 4-6 core desktops and laptops, like the NUC build,” said Jonmichael Hands, VP Storage Business Development at Chia.

 

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Fully on-chain gaming: How Web3Games.com is transforming the space with W3Gamez Network 10218

Blockchain gaming has embarked on its journey since 2014 with the launch of Huntercoin to test the potential of integrating blockchain technology with games. After nearly ten years of exploration, blockchain games are looking more and more like advanced prototypes of traditional games: the gameplay loops are not just about grinding, and the graphics are much more eye-catching. However, crypto gaming remains the hilarity of the minority at the current stage. To illustrate it, one of the most popular blockchain games, Axie Infinity, is less than 0.2% the size of Counter-Strike 2 in terms of average monthly active users. To open paths to onboarding more both players and developers, a growing community of Web3-native developers and players finds another approach to the next level of blockchain gaming by building the ecosystem of games and NFT primitives that operate completely on blockchains. In other words, fully on-chain games.

Fully on-chain gaming is one of the most promising areas for creating the next Alpha space, with multiple top investment institutions conducting in-depth research. Currently, fully on-chain gaming is still mainly attracting the attention of niche geek groups, with most attention focused on the Layer 2 network RedStone created by the team behind the Dark Forest game. Recently, more and more projects are participating in developing fully on-chain gaming engines and products. Among these pioneers leading the paradigm shift to fully on-chain gaming, Web3Games.com stands out with its latest product, W3Gamez Network.

Web3Games.com has been committed to integrating decentralized blockchain technology with games since 2021, giving players real ownership of game assets, enhancing game transparency, and providing developers with more user-friendly blockchain development tools. In the early days, Web3Games.com focused on building the infrastructure for blockchain gaming. After three years, it is almost the only project that has delivered technical infrastructure applications and game products at the same time. The team officially announced in 2024 that it will focus on the fully on-chain gaming ecosystem and bring its fully on-chain gaming Layer 2 network W3Gamez Network, which is invested by the NEAR Foundation, developed based on the OP Stack framework, and uses NEAR for Data Availability (DA).

Since on-chain gaming requires that games solely use smart contracts to execute the gameplay logic and store in-game data, it challenges developers and players to operate under strict technical limitations. Therefore, the experimental trials for any project are inevitable, and the accumulative cost becomes consequently expensive. Moreover, traditional GameFi games typically only put game assets on-chain, while game logic is still processed on centralized servers. This can lead to transparency and fairness concerns, as players cannot verify that the game is being played fairly.

Web3Games.com has addressed these challenges by focusing on Layer 2 rollup solutions, enabling developers to create fully on-chain games that are both performant and affordable. In 2024, Web3Games.com launched its W3Gamez Network, a Layer 2 network specifically designed for blockchain gaming. The network uses NEAR Data Availability (DA) to provide low-cost and high-throughput transactions for game assets and logic.

In addition to launching the W3Gamez Network, Web3Games.com is also launching two tokens: WGT and W3G.

WGT (Web3Games.com token) is a utility and governance token that will be used to incentivize and reward activities that support the Web3Games ecosystem. W3G (W3Gamez Network Token) is the native gas and governance token of the W3Gamez Network. The W3G token sale is currently ongoing on Web3Games.com and will end on January 28, 2024. The token price is $0.02 USDC, and the target raise is $400,000.

W3Gamez Network has raised $4 million in two rounds of funding from investors, including NEAR Foundation, DAO Maker, and LD Capital. The team has also worked with NEAR on multiple projects, including providing blockchain technology solutions to Alibaba. W3Gamez Network is the first Layer 2 gaming network to use NEAR’s Data Availability (DA) technology.

To make games trustless, open-source and composable, with the game’s state always immutable and transparent on the blockchain, W3Gamez Network, along with the entire ecosystem powered by Web3Games.com, has provided a fully decentralized ecosystem with robust blockchain security, where everyone plays fair and owns their experience. However, the idea of putting an entire game onto a blockchain is still controversial among traditional game developers, because blockchains are notoriously undesirable for its computing speed, scalability and storage. There is a long journey ahead of fully on-chain gaming. In 2024, Web3Games.com will be fully focused on the development of fully on-chain gaming, having taken the road with the launch of W3Gamez Network as a major milestone. Although fully on-chain gaming remains experimental in the crypto industry, the thesis is that it is highly possible onboarding of the next billion users to blockchain will be through gaming. Hence, it’s essential that well-designed incentive structures, sustainable economics, and developing architectures are available for both developers and players, which is exactly what W3Gamez Network has been focusing on.

Arbitrum One Integrates Chainlink Functions on Mainnet 10158

Chainlink, the industry-standard decentralized computing platform, and Arbitrum, the most widely used layer 2 scaling solution suite for Ethereum dApp development, have today announced the mainnet beta release of Chainlink Functions, now live on Arbitrum One mainnet.

Chainlink Functions is a serverless, self-serve developer platform enabling developers to easily connect their smart contracts to any API and trust-minimized computations. Chainlink Functions acts as a decentralized compute runtime that’s useful to test, simulate, and run custom offchain logic for Web3 apps. In many ways, Chainlink Functions acts as a trust-minimized, blockchain-connected version of existing serverless solutions such as AWS Lambda, GCP CloudFunctions, and more.

“As an L2, Arbitrum plays an important role in supporting the overall health and sustainability of the Ethereum ecosystem,” said Johann Eid, Chief Business Officer at Chainlink Labs. “Making Functions available for Arbitrum users is about connecting Web2 and Web3 developers and bridging the gap to allow for shared collaboration, growth, and a shared sense of community.”

Arbitrum One is an optimistic rollup for Ethereum that powers high-throughput, low-cost dApps. Chainlink Functions helps makes it possible to onboard the next million developers to Web3 by providing the missing infrastructure for any developer (Web2 or Web3) to build feature-rich applications that merge the best of both traditional and Web3 development.

“Continually simplifying Web3 to feel more like a native Web2 experience is critical to mass adoption of Arbitrum’s technology,” said A.J. Warner, Chief Strategy Officer at Offchain Labs. “Chainlink Functions will streamline the experience for Arbitrum developers as they can easily connect to Web2 data and experience low-cost computation.”

Arbitrum developers can now leverage Chainlink Functions within their application on-demand. Developers access the Functions documentation, experiment with the Chainlink Functions Playground, and create a subscription to get started.

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $9 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

About The Arbitrum Foundation

The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and its community with secure scaling solutions for Ethereum. Arbitrum One—a leading Ethereum Layer-2 scaling solution initially developed by Offchain Labs—offers ultra-fast, low-cost transactions with security derived from Ethereum through Optimistic Rollup technology. Launched in August 2021, the Arbitrum One mainnet beta is EVM-compatible to the bytecode level and has 54%+ TVL in the L2 segment. 2000+ DeFi and NFT projects are live in the ecosystem to date. In August 2022, Arbitrum One upgraded to Nitro tech stack, enabling fraud proofs over the core engine of Geth compiled to WASM.

Upgrading Global Payment Experience – Grineo Integrates Fiat and Digital Currencies 10230

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SYDNEY, AUSTRALIA / January 17, 2024 / Grineo, the FinTech startup that aims to introduce digital currencies to the physical world, announced the launch of its highly-anticipated “debit card & wallet App” exclusively in Australia by early 2024, as reported by the Crypto News Australia agency. The app and card allow users to store and trade digital currencies as well as spending them like cash in stores or withdrawing as cash from ATMs, bringing much-needed adoption to the world of digital currencies.

The founders of Grineo first came up with the idea during a business meeting in Melbourne back in 2022, where they saw the immense potential of stablecoins as a store of value for investors.

They also realized that Australia significantly lagged its peers when it comes to the number of digital startups per person, the amount of investment in digital asset companies, and tech-skilled professionals. However, according to their estimations, if Australia manages to adapt blockchain and digital assets despite these issues, it will be able to save A$160 per person per year on international transaction fees and up to 80 hours per a small business on compliance and administrative costs.

Grineo officially launches in Q1 2024, becoming the catalyst for this much-needed change in the Australian market. Grineo users can spend digital currencies with no extra exchange fees wherever major cards are accepted, with conversion taking place in real-time at point-of-sale. With thousands of users in the waitlist from Sydney, Melbourne, Perth, and Brisbane, Grineo continues to expand its reach across the whole of Australia.

“The Australian market size in terms of transaction revenue is considered very niche for a digital currency card provider accounting only for $17M of revenue annually,” said Olesia Kostieieva, Grineo Chief Expansion Officer. “Our philosophy is that payments in digital currency should be available for everyone everywhere.”

With Grineo, consumers can unlock the power of digital currencies by opening a free account and gaining access to a physical card in just a few business days. They can also receive an immediate virtual card for instant use. All transactions take place on the Grineo platform, without any middleman processes slowing things down. Swapping assets are arranged easier or more affordable. The platform boasts a host of features, from customizable notifications to cutting-edge asset management tools. And behind the scenes, Grineo is revolutionizing the financial system by giving digital currencies the same level playing field as traditional currencies, including the Australian dollar. So, less limitations and more endless possibilities with the Grineo payment app.

“It is an all-in-one application,” Kostieieva said. “Because Grineo stores your digital currency alongside your traditional currency, there’s no need to go back and forth with your bank or top up via bank transfer and wait several days for it to settle.”

But what sets Grineo apart is its commitment to transparency and low fees. With exclusive rates and automatic conversion at the best possible live rates, users could save a significant amount of money on overseas transactions. No-fee ATM withdrawals are also available. Plus, with Grineo’s partnership with regulated card companies and banks, users can trust that their assets are secure and compliant.

According to Kostieieva, the use of stablecoins for purchasing goods and services may still pose some challenges. However, with the revolutionary Grineo platform, one can effortlessly utilize USDT in Sydney or seamlessly compensate others in Ethereum.

As Grineo prepared to enter the Australian market, they maintained a close relationship with regulators in Australia where they had already launched in the summer of 2023 their startup regulated by AUSTRAC. This designation gave Grineo access to essential networks and systems, further solidifying their position as a potential leader in the digital currency space.

In addition, Grineo collaborates with regulated card companies and bank partners to offer a comprehensive range of traditional and digital currency payment services throughout its prime market in Australia. All while upholding the utmost standards for security and compliance.

Kostieieva shared that the high standards set by regulatory players only serve to inspire and motivate their team, as they feel a great responsibility to ensure the success of Grineo. With their sights set on revolutionizing the way we spend and exchange currency, Grineo is ready to make its mark on the FinTech world.

About Grineo

Discover the innovative world of GrineoPay – the ultimate gateway to the digital currency economy in Australia. Our carefully crafted suite of products, led by the Grineo Wallet & Card App, is designed to cater to all levels of users with its intuitive interface and advanced trading features. Headquartered in the bustling cities of Sydney and Melbourne, our fully regulated company, Grineo Pty Ltd, is backed by a team of banking and FinTech experts. Be a part of the digital currency revolution and join us at our headquarters on Level 14, 5 Martin Place, Sydney, NSW 2000, Australia. Regulated by AUSTRAC. Unleash the potential of digital currency with GrineoPay – visit our website https://grineopay.com now!

Hedera Wallet Snap goes live, connecting the Hedera network with MetaMask’s 30 million monthly active users 10003

MetaMask Snaps, an innovative plugin that provides access to MetaMask’s 30 million monthly active users, is now available on Hedera, the open-source, leaderless proof-of-stake network powering the next generation of the web. Built by Tuum Technologies, a leading developer of open-source decentralized identity solutions, Snaps extends the functionality of MetaMask by enabling developers to create custom plugins. The newly launched Hedera Wallet Snap enhances the overall user experience while streamlining processes for developers, who can now seamlessly integrate Hedera’s functionality into MetaMask-based applications.

Kiran Pachhai, Co-founder of Tuum Technologies, said: “The Hedera Wallet Snap is a sophisticated plugin that empowers developers to enhance the capabilities of their applications beyond the native features of MetaMask. This expansion of MetaMask’s functionality marks a significant step forward in integrating decentralized technologies into mainstream applications.”

The HBAR Foundation, which empowers entrepreneurs to build economies on the Hedera network, has a shared commitment with Tuum Technologies to integrate decentralized technologies into everyday life. The integration of Hedera into an EVM, multichain wallet opens up numerous doors for users, developers, and companies to interact with the Hedera network directly through MetaMask applications. It paves the way for user experience efficiencies, enabling anyone to send HBAR to both Hedera and EVM addresses, as well as retrieve their account information and easily view their token balances.

Shayne Higdon, Co-founder and CEO of The HBAR Foundation, said: “Pivotal as it is, this is just a first step for the Hedera Wallet Snap, with more features and functionality due to be announced later. Today’s news is an important advancement for Hedera’s interoperability, bringing Hedera’s unrivaled scalability, speed, and energy efficiency to more users and developers across the globe. We’re looking forward to seeing the impact this has on the existing Hedera community, and how it contributes to the growth of the Hedera ecosystem among new audiences of enterprises, developers, and individual users.”

The newly announced Hedera Wallet Snap eliminates the need for Hedera JSON-RPC Relay, allowing Hedera Wallet Snap users to retrieve account information from both the Hedera Consensus Node and the Hedera Mirror Node. Hedera Wallet Snap can be installed from MetaMask Open Beta and it is available on GitHub as a JavaScript NPM package, providing access to advanced native features of Hedera.

About The HBAR Foundation

The HBAR Foundation supports the creation of Web3 communities built on the Hedera network, by empowering and funding the builders developing these communities. The Foundation’s six funds – focused on the Crypto Economy, Metaverse, Sustainability, Fintech, Privacy, and Female Founders – each support communities within those areas, and the interconnectedness enables applications to participate as part of a larger ecosystem.

The collective power of these funds enables entrepreneurs, developers, and enterprises of all sizes to tackle some of the world’s largest problems and create and control their own economies, all built on the Hedera public network. Whether you’re building something new or migrating an existing EVM-based application and community, the HBAR Foundation is here to support you. For additional information, please visit https://hbarfoundation.org.

About Tuum Technologies

Tuum Technologies is a software engineering company dedicated to empowering users through data ownership and decentralized identity solutions. Since its inception in 2020, Tuum Technologies has been a pioneer in developing open-source tools that promote user control over their personal data. The company is committed to fostering a world where decentralized technologies seamlessly integrate into everyday life. For more information, please visit https://www.tuum.tech/.

About Consensys

Consensys is the leading blockchain and web3 software company. Since 2014, Consensys has been at the forefront of innovation, pioneering technological developments within the web3 ecosystem. Through our product suite, including the MetaMask platform, Infura, Linea, Diligence, and our NFT platform, we have become the trusted collaborator for users, creators, and developers on their path to build and belong in the world they want to see. Whether building a dapp, an NFT collection, a portfolio, or a better future, the instinct to build is universal. Consensys inspires and champions the builder instinct in everyone by making web3 universally easy to use and develop on. To explore our products and solutions, visit https://consensys.io/.

Fyda Announces Launch of Decentralized Trade Automation Platform 10131

Fyda Finance, an innovative decentralized finance (DeFi) protocol, announced the launch of its groundbreaking automated trading platform. Poised to transform decentralized trading, Fyda departs from traditional models by enabling users to seamlessly automate complex trading strategies in a secure, trustless environment.

“We are thrilled to introduce Fyda’s powerful trading infrastructure to the DeFi ecosystem,” said Narayan, Founder and CEO of Fyda Finance. “We have built an unrivaled platform where traders can automate everything from simple buy orders to advanced techniques like dollar-cost averaging.”

Key features of the Fyda Finance platform include:

  • Percent orders for take-profit targets and stop-loss protection
  • Support for recurring and non-recurring trading strategies
  • Advanced order types like Buy the Dip, Buy the Recovery, Sell the Rally and Trailing Stop Loss, TWAP etc
  • Seamless trading on Polygon, Arbitrum and Optimism L2 networks
  • User-friendly interface and simulation tool for testing strategies

Fyda safeguards trading through smart contracts and on-chain price oracles, shielding activity from MEV attacks. By consolidating liquidity across DEXs, the platform ensures minimal price impact for trades.

Secure, customizable trading automation is integral to DEX trading future therefore Fyda is built from the ground up to meet and exceed traders’ expectations in these areas while smoothing trading experience on-chain.

Upcoming platform enhancements include the introduction of Smart Signals, which will allow traders to incorporate technical and sentiment indicators into automated strategies.

Fyda also plans to roll out copy trading and a Telegram-based UI in coming months.

As part of its commitment to driving DeFi advancement, Fyda will continue expanding asset and network support to extend access to broader trader audiences over time.

Try out decentralized trading automation at Fyda’s dApp today.

DePIN DAO Unveils Solana-Powered Big Data Center, Revolutionizing Fair Data Compensation 9567

With the new developments, DePIN DAO launched a Solana-Powered big data center that revolutionized fair data compensation. The platform is set to transform the dynamics of fair data compensation for ordinary users worldwide.

The platform empowers ordinary users by allowing them to upload personal information related to their daily activities – from dining and commuting to lodging – and the platform establishes a symbiotic relationship between data contributors and data consumers. This user-centric approach lies at the heart of the Solana-powered Big Data Center, marking a significant departure from conventional data industry practices. With the terms of sharing this valuable data, users are rewarded with DePIN tokens following a stringent authentication process, ensuring the integrity and accuracy of the information.

DePIN DAO acts as a hub where diverse user data is aggregated, undergoing robust big data processing to discern patterns, behaviors, and consumption trends. This processed data is then made available to both web2 and web3 application service providers, fostering innovation and development in the digital landscape.

Positioned as a decentralized autonomous organization, DePIN DAO empowers users by providing a platform to contribute and monetize their daily activities, creating a symbiotic relationship between data contributors and consumers.

The platform’s Solana-powered big data works as follows:

  • Repast: Users can upload their dining orders, creating a comprehensive database of consumption patterns. DePIN DAO, through advanced data processing, analyzes dining habits, contributing to valuable insights for businesses and developers. 
  • Drive: Collect driving data to analyze trajectories, contributing to a wealth of information for transportation and urban planning. Users can actively participate in creating smarter, more efficient transportation systems while earning DePIN tokens.
  • Hotel: By uploading hotel orders, users contribute to a pool of anonymized data, enriching the understanding of travel patterns. Third-party service platforms can access this aggregated data, enhancing their services while respecting user privacy.

Including more, DePIN DAO’s commitment to decentralization, innovation, and transparency is evident throughout its operations. The platform actively supports innovation in the digital landscape by providing processed data to web2 and web3 application service providers. This collaborative approach fosters the development of new and innovative solutions based on user behavior, habits, and consumption maps.

Furthermore, DePIN DAO incorporates diverse datasets that include weather conditions, environmental metrics, and traffic patterns. This innovative approach provides a comprehensive understanding of user activities and their broader impact, contributing to the platform’s commitment to ethical data practices and environmental sustainability. By integrating seamlessly with the Solana blockchain, it addresses existing challenges as well as paves the way for a more inclusive and transparent data ecosystem. The platform’s user-centric focus, fair data compensation model, and commitment to ethical practices position it as a beacon of innovation in the ever-evolving landscape of data management.

About DePIN DAO:

DePIN DAO, an innovative decentralized autonomous organization operating on the Solana blockchain. By empowering users to contribute and monetize their daily activities, DePIN DAO aims to transform the dynamics of data sharing, processing, and compensation. The platform is committed to decentralization, fair data compensation, and fostering innovation in the digital landscape.

Website: https://depindao.co/