Aleph Zero

alephzero

LONDON, United Kingdom, November 21st, 2024/Chainwire/--Ike is proud to announce the official launch of its Liquid Staking Token (LST), sA0, on Aleph Zero. This milestone provides the Aleph Zero community with a new way to engage with the network by offering staking flexibility without compromising on rewards. What Is sA0? sA0 is Ike’s native Liquid Staking Token, designed to enhance the staking experience on Aleph Zero. With sA0, users can stake their AZERO tokens to support network security and earn rewards, all while keeping their assets liquid. This means they can use sA0 tokens across Aleph Zero’s ecosystem, unlocking new opportunities for participation and growth. Meaning, sA0 empowers users to “stake and use” at the same time. sA0 Benefits Liquidity Meets Rewards: Users receive sA0 tokens in exchange for their staked AZERO, enabling them to stay liquid while continuing to earn rewards.
Smooth Integration: sA0 seamlessly integrates with Aleph Zero’s growing DeFi ecosystem, creating more utility and value for stakers.
Stronger Network Security: By encouraging greater participation in staking, sA0 supports the overall security and resilience of the Aleph Zero network. Building Toward Progressive Decentralization The launch of sA0 is a significant step in Ike’s roadmap toward progressive decentralization. Ensuring most of the slots are open for permissionless entry when governance live, Ike launched with 7 initial validators including Deutsche Telekom & STC Bahrain. As part of this journey, Ike will soon introduce community-driven governance features, including permissionless validator registration, initially scaling to have 30 slots with a fully transparent on-chain bonding process. This will enable a dynamic and competitive validator ecosystem, with the community playing a central role in decision-making. Stephen Novenstern, Founder at Ike, commented: “The mainnet launch of sA0 marks an exciting moment for both Ike and the Aleph Zero community. sA0 offers a powerful tool for staking while maintaining liquidity, and it’s just the beginning of our commitment to building a decentralized, community-driven ecosystem. From the inception of the Ike Project, we wanted to build a Liquid Staking Protocol that wouldn’t just unlock staked liquidity; we wanted to put the Ike DAO in control of what percentage each Validator gets, and for it to be permissionless to get on the [Validator Registry] list.” What’s Next? With sA0 now live, Ike invites the Aleph Zero community to explore the benefits of liquid staking. In the coming months, Ike will focus on expanding the utility of sA0 within the ecosystem and rolling out governance features that further empower the community to shape its future. Users can see more in the Ike Docs here. About Ike Ike is the home of the sA0 Liquid Staking Protocol smart contracts live on Aleph Zero WASM. Together with the community, validators, and other builders in the ecosystem, they are fundamentally reshaping the network, delivering liquidity at the base layer, composable rewards, increasing participation and ultimately enhancing network security. Drawing inspiration from the Japanese art of Ikebana, Ike is committed to fostering a harmonious and resilient ecosystem. By providing users with flexibility and liquidity in their staking journey, Ike empowers the Aleph Zero community to unlock the full potential of their assets while contributing to the network’s growth and stability. Users can stay updated on the latest developments and engage with other like-minded individuals by joining the Ike Discord community and following on Twitter. Contact Director of Growth Alexios Konstantinidis Ike hello@ike.xyz This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here LONDON, United Kingdom, November 21st, 2024/Chainwire/--Ike is proud to announce the official launch of its Liquid Staking Token (LST), sA0, on Aleph Zero. This milestone provides the Aleph Zero community with a new way to engage with the network by offering staking flexibility without compromising on rewards. LONDON, United Kingdom, November 21st, 2024/Chainwire/--Ike What Is sA0? sA0 is Ike’s native Liquid Staking Token, designed to enhance the staking experience on Aleph Zero. With sA0, users can stake their AZERO tokens to support network security and earn rewards, all while keeping their assets liquid. This means they can use sA0 tokens across Aleph Zero’s ecosystem, unlocking new opportunities for participation and growth. Meaning, sA0 empowers users to “stake and use” at the same time. sA0 Benefits Liquidity Meets Rewards: Users receive sA0 tokens in exchange for their staked AZERO, enabling them to stay liquid while continuing to earn rewards. Smooth Integration: sA0 seamlessly integrates with Aleph Zero’s growing DeFi ecosystem, creating more utility and value for stakers. Stronger Network Security: By encouraging greater participation in staking, sA0 supports the overall security and resilience of the Aleph Zero network. Liquidity Meets Rewards: Users receive sA0 tokens in exchange for their staked AZERO, enabling them to stay liquid while continuing to earn rewards. Smooth Integration: sA0 seamlessly integrates with Aleph Zero’s growing DeFi ecosystem, creating more utility and value for stakers. Stronger Network Security: By encouraging greater participation in staking, sA0 supports the overall security and resilience of the Aleph Zero network. Building Toward Progressive Decentralization The launch of sA0 is a significant step in Ike’s roadmap toward progressive decentralization. Ensuring most of the slots are open for permissionless entry when governance live, Ike launched with 7 initial validators including Deutsche Telekom & STC Bahrain . As part of this journey, Ike will soon introduce community-driven governance features, including permissionless validator registration, initially scaling to have 30 slots with a fully transparent on-chain bonding process. This will enable a dynamic and competitive validator ecosystem, with the community playing a central role in decision-making. 7 initial validators 7 initial validators Deutsche Telekom Deutsche Telekom STC Bahrain STC Bahrain Stephen Novenstern, Founder at Ike, commented: “The mainnet launch of sA0 marks an exciting moment for both Ike and the Aleph Zero community. sA0 offers a powerful tool for staking while maintaining liquidity, and it’s just the beginning of our commitment to building a decentralized, community-driven ecosystem. From the inception of the Ike Project, we wanted to build a Liquid Staking Protocol that wouldn’t just unlock staked liquidity; we wanted to put the Ike DAO in control of what percentage each Validator gets, and for it to be permissionless to get on the [Validator Registry] list.” “The mainnet launch of sA0 marks an exciting moment for both Ike and the Aleph Zero community. sA0 offers a powerful tool for staking while maintaining liquidity, and it’s just the beginning of our commitment to building a decentralized, community-driven ecosystem. From the inception of the Ike Project, we wanted to build a Liquid Staking Protocol that wouldn’t just unlock staked liquidity; we wanted to put the Ike DAO in control of what percentage each Validator gets, and for it to be permissionless to get on the [Validator Registry] list.” What’s Next? With sA0 now live, Ike invites the Aleph Zero community to explore the benefits of liquid staking. In the coming months, Ike will focus on expanding the utility of sA0 within the ecosystem and rolling out governance features that further empower the community to shape its future. Users can see more in the Ike Docs here . Ike Docs here Ike Docs here About Ike Ike is the home of the sA0 Liquid Staking Protocol smart contracts live on Aleph Zero WASM. Together with the community, validators, and other builders in the ecosystem, they are fundamentally reshaping the network, delivering liquidity at the base layer, composable rewards, increasing participation and ultimately enhancing network security. Drawing inspiration from the Japanese art of Ikebana, Ike is committed to fostering a harmonious and resilient ecosystem. By providing users with flexibility and liquidity in their staking journey, Ike empowers the Aleph Zero community to unlock the full potential of their assets while contributing to the network’s growth and stability. Users can stay updated on the latest developments and engage with other like-minded individuals by joining the Ike Discord community and following on Twitter . Ike Discord Ike Discord Twitter Twitter Contact Director of Growth Alexios Konstantinidis Ike hello@ike.xyz This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

Ike Goes Live On Mainnet: Unlocking Liquid Staking On Aleph Zero

Ike ukax Mainnet ukan jakaski: Aleph Zero ukan líquido apuesta ukar jist’araña

Ike মেইননেটে লাইভ যায়: আলেফ জিরোতে তরল স্ট্যাকিং আনলক করা

Ike es posa en directe a Mainnet: desbloqueig de Liquid Staking a Aleph Zero

Ike Goes Live στο Mainnet: Ξεκλείδωμα Liquid Staking στο Aleph Zero

Ike se lanza en la red principal: cómo desbloquear el staking líquido en Aleph Zero

Ike vai en directo na rede principal: desbloqueo de Liquid Staking en Aleph Zero

Ike va in diretta su Mainnet: sbloccare lo staking liquido su Aleph Zero

Ike がメインネットで稼働開始: Aleph Zero で Liquid ステーキングをアンロック

Ike가 메인넷에서 라이브로 전환: Aleph Zero에서 Liquid 스테이킹 잠금 해제

Ike เปิดตัวบน Mainnet: ปลดล็อก Liquid Staking บน Aleph Zero

Ike U Ya Hanya Eka Mainnet: Ku Pfulela Liquid Staking Eka Aleph Zero

Ike ra mắt trên Mainnet: Mở khóa Liquid Staking trên Aleph Zero

**ZUG, Switzerland, October 17th, 2024/Chainwire/--**Most zero-knowledge proofs are generated server-side for scaling, but Aleph Zero’s zkOS does that directly on users’ devices, offering privacy in a fraction of second. Aleph Zero, the leading blockchain platform recognized for its focus on privacy and scalability, announces the launch of the first feature of zkOS (zero-knowledge operating system)—Shielding, on its EVM Testnet. This release marks the first opportunity for users to experience the shielding feature of zkOS in action, demonstrating the speed and privacy capabilities of Aleph Zero’s zero-knowledge proof (ZK) technology optimizations. Privacy at Lightning Speed The Shielding Demo release is a significant milestone for Aleph Zero, representing its commitment to developing practical privacy solutions for the blockchain industry. Aleph Zero’s zkOS enables zero-knowledge proofs to be generated client-side—meaning data is encrypted locally on the user’s device and never leaves unencrypted—providing high levels of privacy without compromising transaction speed. The Shielding Demo serves as the first practical interface for users to experience this privacy functionality, with zero-knowledge proofs generated within 0.5-3 seconds, ensuring that privacy has minimal impact on transaction performance. “Privacy has long been a challenge in blockchain, often due to poor user experience,” said Adam Gagol, Co-Founder & CTO of Aleph Zero. “With today’s release, we’re delivering one of the fastest client-side ZK directly to users, combining privacy and performance. The release of the Shielding Demo offers a glimpse into how zkOS can bring privacy to DeFi without sacrificing speed or usability.” How the Shielding Demo Works The Shielding Demo provides an intuitive interface for users to test Aleph Zero’s zkOS privacy layer. Here’s how it works: Data Privacy: zkOS generates zero-knowledge proofs locally on the user’s device, ensuring that data remains private and secure.
Transaction Flow: Users generate ZK proofs, send transactions to a relayer, and then they are executed on-chain—all while maintaining privacy.
Fast Proving Times: The system delivers ZK proofs in 0.5-3 seconds on most devices, demonstrating zkOS’s speed and its minimal impact on transaction times. The Testnet version of zkOS allows users to interact with the system and witness its capabilities, though Aleph Zero notes that the privacy features will be built directly into the upcoming Common app. Why zkOS Matters: A Glimpse Into the Future The launch of the Shielding Demo on Testnet is only the beginning. Aleph Zero's roadmap for zkOS extends far beyond this initial release, with ongoing work on simplifying the user experience and the introduction of additional privacy features, such as ZK-ID and anonymity revokers, to ensure both privacy and protection against fraudulent use of the platform. The system is designed to be easily integrated by developers, providing a privacy framework that requires minimal cryptographic knowledge. This simplicity, combined with Aleph Zero’s rapid client-side ZK proof generation, makes zkOS a critical tool for developers building privacy-centric applications across DeFi and other web3 sectors. Unlocking Privacy for New Use Case The privacy space in blockchain has been facing increased challenges, such as regulatory scrutiny and delistings, often due to concerns over non-compliance. Aleph Zero’s zkOS offers a fresh approach by delivering privacy solutions that balance user confidentiality with regulatory requirements. Instead of focusing solely on anonymity, zkOS is designed to meet both the needs of users and the evolving demands of compliance. zkOS enables users to manage their assets securely across multiple blockchains, ensuring their transactions remain private. Unlike traditional privacy methods that rely on centralized or hardware-based systems, zkOS operates directly on the client-side, safeguarding privacy without external dependencies. Next Steps for Aleph Zero As the Testnet release progresses, Aleph Zero is focusing on refining Shielding and zkOS for its Mainnet deployment. Users who engage with the Shielding Demo will have the opportunity to be whitelisted for upcoming zkOS Beta testing on Aleph Zero’s EVM Mainnet. About Aleph Zero Aleph Zero is an ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero-knowledge proofs (ZKP), and offers a comprehensive toolset for development across web3, ranging from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications supported by Aleph Zero programs. For more information, visit https://alephzero.org/. For any inquiries about this release, please contact josh@serotonin.co or ana@serotonin.co. Contact PR Manager Josh Adams Aleph Zero josh@serotonin.co This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **ZUG, Switzerland, October 17th, 2024/Chainwire/--**Most zero-knowledge proofs are generated server-side for scaling, but Aleph Zero’s zkOS does that directly on users’ devices, offering privacy in a fraction of second. Aleph Zero , the leading blockchain platform recognized for its focus on privacy and scalability, announces the launch of the first feature of zkOS (zero-knowledge operating system)—Shielding, on its EVM Testnet. This release marks the first opportunity for users to experience the shielding feature of zkOS in action, demonstrating the speed and privacy capabilities of Aleph Zero’s zero-knowledge proof (ZK) technology optimizations. Aleph Zero Aleph Zero zkOS zkOS Privacy at Lightning Speed The Shielding Demo release is a significant milestone for Aleph Zero, representing its commitment to developing practical privacy solutions for the blockchain industry. Aleph Zero’s zkOS enables zero-knowledge proofs to be generated client-side—meaning data is encrypted locally on the user’s device and never leaves unencrypted—providing high levels of privacy without compromising transaction speed. Shielding Demo Shielding Demo The Shielding Demo serves as the first practical interface for users to experience this privacy functionality, with zero-knowledge proofs generated within 0.5-3 seconds, ensuring that privacy has minimal impact on transaction performance. “Privacy has long been a challenge in blockchain, often due to poor user experience,” said Adam Gagol, Co-Founder & CTO of Aleph Zero. “With today’s release, we’re delivering one of the fastest client-side ZK directly to users, combining privacy and performance. The release of the Shielding Demo offers a glimpse into how zkOS can bring privacy to DeFi without sacrificing speed or usability.” “Privacy has long been a challenge in blockchain, often due to poor user experience,” said Adam Gagol, Co-Founder & CTO of Aleph Zero. “With today’s release, we’re delivering one of the fastest client-side ZK directly to users, combining privacy and performance. The release of the Shielding Demo offers a glimpse into how zkOS can bring privacy to DeFi without sacrificing speed or usability.” How the Shielding Demo Works The Shielding Demo provides an intuitive interface for users to test Aleph Zero’s zkOS privacy layer. Here’s how it works: Data Privacy: zkOS generates zero-knowledge proofs locally on the user’s device, ensuring that data remains private and secure. Transaction Flow: Users generate ZK proofs, send transactions to a relayer, and then they are executed on-chain—all while maintaining privacy. Fast Proving Times: The system delivers ZK proofs in 0.5-3 seconds on most devices, demonstrating zkOS’s speed and its minimal impact on transaction times. Data Privacy: zkOS generates zero-knowledge proofs locally on the user’s device, ensuring that data remains private and secure. Transaction Flow: Users generate ZK proofs, send transactions to a relayer, and then they are executed on-chain—all while maintaining privacy. Fast Proving Times: The system delivers ZK proofs in 0.5-3 seconds on most devices, demonstrating zkOS’s speed and its minimal impact on transaction times. The Testnet version of zkOS allows users to interact with the system and witness its capabilities, though Aleph Zero notes that the privacy features will be built directly into the upcoming Common app. Why zkOS Matters: A Glimpse Into the Future The launch of the Shielding Demo on Testnet is only the beginning. Aleph Zero's roadmap for zkOS extends far beyond this initial release, with ongoing work on simplifying the user experience and the introduction of additional privacy features, such as ZK-ID and anonymity revokers, to ensure both privacy and protection against fraudulent use of the platform. The system is designed to be easily integrated by developers, providing a privacy framework that requires minimal cryptographic knowledge. This simplicity, combined with Aleph Zero’s rapid client-side ZK proof generation, makes zkOS a critical tool for developers building privacy-centric applications across DeFi and other web3 sectors. Unlocking Privacy for New Use Case The privacy space in blockchain has been facing increased challenges, such as regulatory scrutiny and delistings, often due to concerns over non-compliance. Aleph Zero’s zkOS offers a fresh approach by delivering privacy solutions that balance user confidentiality with regulatory requirements. Instead of focusing solely on anonymity, zkOS is designed to meet both the needs of users and the evolving demands of compliance. zkOS enables users to manage their assets securely across multiple blockchains, ensuring their transactions remain private. Unlike traditional privacy methods that rely on centralized or hardware-based systems, zkOS operates directly on the client-side, safeguarding privacy without external dependencies. Next Steps for Aleph Zero As the Testnet release progresses, Aleph Zero is focusing on refining Shielding and zkOS for its Mainnet deployment. Users who engage with the Shielding Demo will have the opportunity to be whitelisted for upcoming zkOS Beta testing on Aleph Zero’s EVM Mainnet. About Aleph Zero Aleph Zero is an ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero-knowledge proofs (ZKP), and offers a comprehensive toolset for development across web3, ranging from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications supported by Aleph Zero programs. For more information, visit https://alephzero.org/ . For any inquiries about this release, please contact josh@serotonin.co or ana@serotonin.co. https://alephzero.org/ https://alephzero.org/ Contact PR Manager Josh Adams Aleph Zero josh@serotonin.co This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Aleph Zero Launches Subsecond Shielding on Testnet, Delivering Client-Side ZK Privacy For DeFi

Aleph Zero стартира Subsecond Shielding в Testnet, предоставяйки ZK поверителност от страна на клиента за DeFi

Aleph Zero pokreće Subsecond Shielding na Testnetu, pružajući ZK privatnost na strani klijenta za DeFi

Aleph Zero spouští Subsecond Shielding na Testnetu a poskytuje soukromí ZK na straně klienta pro DeFi

Aleph Zero lanza protección de subsegundos en Testnet, brindando privacidad ZK del lado del cliente para DeFi

Aleph Zero-k Testnet-en azpisegundoko babesa abiarazten du, DeFi-rako bezeroaren aldetik ZK pribatutasuna eskainiz

Aleph Zero lanse Subsecond Shielding sou Testnet, bay konfidansyalite ZK bò kliyan pou DeFi.

Aleph Zero がテストネットでサブセカンドシールドを開始、DeFi にクライアント側の ZK プライバシーを提供

Aleph Zero Abandi Blindage ya Sous-second na Testnet, Azali Kopesa Bomoi Ya ZK Ya Côté Client Pona DeFi

Aleph Zero ievieš apakšsekundes ekrānu tīklā Testnet, nodrošinot klienta puses ZK konfidencialitāti DeFi

الیف زیرو په ټیسټنیټ کې فرعي ثانیې شیلډینګ پیل کړ ، د DeFi لپاره د پیرودونکي اړخ ZK محرمیت وړاندې کوي

ኣለፍ ዜሮ ኣብ ቴስትኔት ንኡስ ካልኢት ሺልዲንግ ኣበጊሱ፡ ንዲፊ ብወገን ዓሚል ZK ብሕታዊነት ኣቕሪቡ።

I-Aleph Zero ikhupha i-Subsecond Shielding kwi-Testnet, ihambisa uMthengi-kwicala le-ZK yaBucala kwi-DeFi

ZUG, Switzerland, January 2nd, 2024/Chainwire/--In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance, Cardinal Cryptography, and others, the hybrid event offers different tracks with up to $575K USD in bounties and funding opportunities. Foundation, committed to the advancement and adoption of the Aleph Zero blockchain, today announced the launch of a comprehensive hackathon event. Spanning from January 10th to January 31st, 2024, this event will be held virtually. CTRL+Hack+ZK represents Aleph Zero’s most immersive hacking event to date, designed to spur innovation and collaboration in the blockchain space. The Aleph Zero CTRL+Hack+ZK, CTRL+Hack+ZK invites developers, whether seasoned or new to Web3, to immerse themselves in a three-week virtual hacking experience. Participants will engage in Rust and ink! workshops, educational programming, as well as hands-on mentorship with Aleph Zero’s core development team and ecosystem partners. Previous Aleph Zero hackathons have been the birthplace of success stories like AZERO.ID and Syncra, which have become integral to the Aleph Zero ecosystem. CTRL+Hack+ZK offers a launchpad for developers to turn their innovative ideas into reality, with the opportunity for projects to be integrated into the growing Aleph Zero ecosystem. “We’re honored to partner with some of the world’s most esteemed organizations in different sectors for the CTRL+Hack+ZK hackathon. Their endorsement energizes our mission to expand the Aleph Zero ecosystem,” said Antoni Zolciak, Co-Founder of Aleph Zero. “Our focus remains steadfast on delivering exceptional user experience that prioritizes privacy, compliance, and speed. This hackathon is put together to help spread the overall adoption of Web3 with a primary focus on building the application layer using the Rust and ink! programming environments.” Top-Line Partnerships And Opportunities The hackathon partners include MMS Telekom, a wholly-owned subsidiary of Deutsche Telekom, Saudi Telecom Bahrain, idOS, Cardinal Cryptography, Generative Ventures, Heartcore Capital, WW Ventures, Blockchain Founders Capital, and Buidlers Tribe. Additionally, collaborators from Franklin Templeton Investments, Block54, RR2 Capital, and more, will serve as hackathon judges, providing significant exposure opportunities for participants. Teams from existing Aleph Zero ecosystem partners will share their experiences, offering practical insights and learnings that can guide new hackathon entrants in the development of their own projects within the ecosystem. Fostering Innovation Across Diverse Tracks With prizes ranging from $2K to $20K USD from the $75K USD pool, as well as an opportunity to get fast-tracked for up to $500K in follow-on funding, the hackathon tracks include: Telco: This track invites developers to transform the telecom sector leveraging Aleph Zero’s advanced tools, focusing on optimizing existing infrastructure and conceptualizing new services, setting the stage for future telecommunication advancements. DeFi: Developers are encouraged to harness Aleph Zero’s privacy-centric framework to craft unique DeFi solutions and services. DiD: This track will explore identity-related solutions leveraging Aleph Zero's native privacy stack and network of interoperable tooling libraries to enable secure and decentralized identity management. Gaming: Participants are encouraged to creatively employ Aleph Zero for developing NFT-based in-game items, enhancing game development through Aleph Zero’s specialized libraries, crafting smart contracts for in-game transactions and collectibles, and building indexers for gaming data. Tooling and Infrastructure: This track will focus on developing applications, node providers, libraries, and tools that enhance the developer experience and ecosystem around Aleph Zero. Schedule And Participation Details The hackathon will kick off with the Aleph Zero ecosystem Town Hall on January 10th, followed by a series of workshops, intensive hacking sessions, and a demo day. Winners will be announced on February 5th, with prizes, mentorship opportunities, and potential inclusion in the Aleph Zero Ecosystem Funding Program, which, to date, has distributed nearly $4M in grants across various teams and products. For more information and to register for CTRL+Hack+ZK, visit https: //hack.alephzero.org/. About Aleph Zero Aleph Zero is layer 1 blockchain engineered for speed and opt-in privacy, achieving efficiencies akin to conventional web2 systems. It upholds rigorous standards for data privacy and transaction security, while aiming for genuine decentralization over time. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. https://www.youtube.com/watch?v=pC6LcyTN2Ok https://www.youtube.com/embed/pC6LcyTN2Ok Contacts Ana ana@serotonin.co Martyna martyna@serotonin.co This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

Major Partners To Join The Upcoming Aleph Zero CTRL+Hack+ZK Hackathon

We’re now in Spring 2020 and crypto isn’t dead (far from it!), unlike what most critics have predicted. The number of case studies where blockchain technologies found their market fit isn’t that big, sure (yes, that harsh reality is still the same right now), but the industry is doing quite well overall. Over the past few years, we’ve cut through the hype, eliminated the “get rich fast” scams, and continued improving our products. But first, let’s summarize some of the fundamental facts about blockchain technology: The number of crypto users: Based on a report, there are more than 42 million wallets registered so far (it’s still six times less than the 286 million accounts registered with PayPal), and we are still seeing linear growth. But this isn’t a very accurate metric for a few reasons: most of the wallets were created and never used, and some users have several wallets. Statista A more accurate analysis was conducted by in his from Feb 2019. If we apply the same proportion to the current numbers, we’ll find that the possible number of active Bitcoin users should be around 33 million (1.3x growth since 2019). Given that Bitcoin is still the dominant coin, this amount is close to all active blockchain users. Alex Lielacher article TLDR: 33 million The most active blockchain users: Fintech and crypto exchanges, followed by mining hardware manufacturers, are still dominant in the crypto market given their huge user base. A more accurate analysis of the big companies that experiment with blockchain tech can be found in the “ ” article by . Blockchain 50: Billion Dollar Babies Michael del Castillo And what about blockchain appliances for a non-fintech field? 2017 was full of expectations about how blockchain tech will bring average users over to the distributed world and give them power over their data. Projects like Steemit, Brave browser, Storj, and Status were quick to the scene with their prediction of a decentralized future for all users. But now it’s 2020, and shows that most of the above products have a maximum of 1,000 users... that’s not great. I think it’s safe to say that in 2020, blockchain is not yet here for B2C products. StateoftheDApp Here’s an from , who explained this lack of blockchain adoption using the “adjacent possible” theory. interesting read Kevin Maney I want to feature the top four interesting predictions that I received last week after asking this question to blockchain founders all over the world. Matthew Niemerg from – A novel DAG protocol that aims to solve known blockchain issues. Alephzero.org At the top of the list, I would say the sustainability sector.  We’re going to see more tangible solutions aimed at the carbon economy and tracking emissions with well-designed carbon registries and exchanges.  COP 26 will provide more clarity in what types of credits constitute Internationally Traded Mitigation Outcomes (ITMOs) and how trading carbon credits will operate across borders.  We will see recycling supply chains primarily in the plastics and metals markets. In addition, low to net-zero processes (relative to traditional production processes used widely in industry) will record the amount of carbon generated during the creation of a product into a distributed ledger. Next in line is the health industry. There are quite a few areas where significant improvements could be made, but the most obvious ones are the tracking of pharmaceutical drugs, emergency medical supplies, and medical equipment.  Tracking pharmaceutical drugs can help alleviate the opioid crisis and bring more accountability in this space, but such solutions will reduce the number of mistakes with respect to administering vaccines that have been incorrectly labeled. At the same time, patients' healthcare records could be stored in a secure format on a distributed database, and a public key infrastructure should be used to identify who has the authority of both viewing or updating these records. Think of how much more streamlined ER care, regular checkups, or specialist visits could be without having to use outdated faxes and forms to approve access to data. The number of lives that will be saved, not to mention the drastic improvement in the quality of care, would be tremendous. Also, healthcare will even be improved while fully maintaining a patients' privacy by sharing encrypted data that will be used in machine-learning applications. Another sector of the market that will use blockchain extensively is the automotive industry. Numerous automotive companies have been researching and experimenting with blockchain use cases for a couple of years now. They have been looking at numerous applications: managing the supply chain, improving transparency, making the financing process easier, using digital asset transfers to speed up the operational processes, and more. At some point in time, these industries will adopt standards; however, they will start by using blockchain first internally and then migrate it across the whole industry.  Widespread integration of blockchain into internal processes could easily happen by the end of this year. Tony Tran, Founder of — A marketplace that lets anyone buy and sell attention. Alfa Enzo With just nine months left in 2020, I believe only the crypto industry will use blockchain tech. Thus far, nothing borne of blockchain or decentralization principles is good enough to breach cryptoland's bubble. Every dApp I've ever seen is a poor shadow of an existing company with absolutely no reason to use blockchain other than to shill empty utility. However, there might be a glimmer of hope in Project Alfa (alfa.io (https://www.alfa.io/)) and its native token Enzo (enzo.io (https://www.enzo.io/)), which is set to launch in May. With 23 global patents and a solid plan for monetization to compete with tech giants, Alfa has the potential to deliver the first killer app and take the space to new heights. Michael Gord, the co-founder and CEO of Global Digital Assets , and the founder of MLG Blockchain Over the next few years, all industries will be reinvented by blockchain technology; however, I believe the three that are most likely to be disrupted in the next year are financial services, identity, and legal. Especially in regard to financial services, the cost savings and automation of working with digital assets is too significant to ignore for much longer. Anantha Krishna, Founder Of – the first global exchange to integrate a payment gateway solution with multiple options to its users. Coinbreze 1.    Cloud computing – Based on Gartner data, in 2018 the market share of Amazon AWS was more than 47% with limited server location. The decentralization of cloud computing is very much required for enabling next-generation security. 2.    Decentralized finance – To overcome the bank fraud loans and enable instant payout to users by putting collateral without much documentation. 3.    Banking solutions – To improve the infrastructure and create an independent environment across the globe for borderless payments. Edmund Lowell, Founder and CEO of - a compliance dashboard and whitelabel customer on-boarding portal KYC-Chain 1. DeFi - Decentralized Finance, specifically the loan, and collateralized debt segments are seeing significant traction. SelfKey is launching a loans marketplace to be able to compare decentralized and centralized loans all in one place, right from a single marketplace. 2. Identity Management - Self-sovereign digital identity is starting to see more use cases and greater adoption from consumers and companies. SelfKey has launched a mobile wallet to complement it's desktop wallet and browser extension: SelfKey.org/selfkey-wallet 3. Travel rule solutions - June 2020 is an important date for the implementation of FATF's travel rule, a KYC mandate on all VASPS (virtual asset service providers). Solutions to this problem must be decentralized, preserve privacy, and be interoperable with each other - SelfKey has developed a compliance hub to help the industry adapt to changing regulations. https://kyc-chain.com/vasp-compliance-hub-fatf-travel-rule-solution/ Quentin Herbrecht, CEO of , Blockchain professor, and public speaker Markchain Scandals about theft or unauthorized data sharing have become almost commonplace and hardly surprise anyone anymore.  In today's era, data is the new oil of the world, as it represents information of crucial importance for companies in any industry. According to Juniper Research, advertising losses were to reach $42 billion in 2019 and were predicted to be driven to $100 billion by 2023. Blockchain came into action to provide transparency while serving ads and paying for the real human interactions on the ads, not automated traffic. We are getting tracked every day with hidden cookies, but Google recently announced the end of those famous cookies soon.  Online advertising companies are already looking for a new process to replace these cookies. I am convinced that digital advertising companies using blockchain technology can reinvent the way they handle online advertising, with more privacy and respect for user data. Companies such as SaTT are leading the initiative and have already developed many products, allowing them to manage a promotional campaign on different social networks in an optimized way. This does not totally replace the cookies, but isn't it better like that? Let’s come back and check on these predictions at the end of the year.

Which Industries will Benefit The Most From Blockchain - According to Blockchain Companies

Have you heard about DAG protocols? Some say that they are the next level for blockchain. They’ll solve all of blockchain’s shortcomings and allow for mass adoption. But what are they, actually? And why can they be better? First things first. To get a better understanding of the whole space, let’s take a closer look at what blockchain is and what it isn’t. Blockchain came out in 2008, right after the global financial crisis. It started as a 9-page white paper named . A few months later, the first Bitcoin had been mined by the mysterious Satoshi Nakamoto. About a week later, the first transaction had been made– , the creator of a system called Bitcoin: A Peer-to-Peer Electronic Cash System Satoshi sent 10 BTC to Hal Finney “Reusable Proof of Work”. But in the original Bitcoin paper, “block” and “chain” were separate words. Over time, more and more people merged these two, creating a new word – blockchain. And since Bitcoin and its technology were the first, the original chain of blocks is called – the Blockchain. Actually, most of such protocols are now called blockchains, but Distributed Ledger Technology is far more accurate and inclusive to the technologies that are emerging, such as DAG protocols. Many observers believe that DAG protocols are here to lay the real technological foundations for globally adopted decentralized solutions. Sometimes they call them “Blockchain 3.0”. What is so different about DAG? How Blockchain Works To better understand the differences, let’s first focus on how blockchain technology works. It contains information about transactions between parties, just like any other database. Blockchain is a ledger. It gets tricky, however, if you want this database to be immutable to attacks and – most importantly – held in the same state on many devices at the same time. As a ledger, blockchain carries information similar to “Ann gave X to Brad at 5:34:23 PM on 09/16/19”. Or maybe more like: “X amount of the currency has been transferred from this wallet address to that wallet address at this specific date”. Blockchain is transparent, so everyone can see the history of transactions – it’s just not that obvious what wallet address is connected to whom. Information about this data transfer is passed to another block, but with a hashcode and nonce that make it impossible to alter – if someone would like to change a record, he would have to change every previous one accordingly. Every record is dependent on the previous one, forming a chain. A large enough number of records is formed into a block. In Proof of Work consensus algorithms (like Bitcoin), the blocks are agreed upon (created) by miners that solve specific cryptographic riddles. All computers in the network are nodes – they hold the exact same copy of blockchain. The nodes have to agree upon a transaction; if the majority of them agrees, it is recorded. As a Proof of Work, they create the hash code that is written into the transaction. Similarly to what happens inside the blocks, each block has its own hash that is dependent on the previous one. – the more users there are in the ecosystem, the safer the network gets. But we’ll tackle that later on. Decentralization is essential to most blockchains What Is a DAG? The acronym “DAG” stands for Directed Acyclic Graph. Although it is relatively new to the blockchain sphere, it is quite a common structure in computer science and mathematics. The name tells you a lot – You can think of it as an intermediate in the process of creating a blockchain – some of its blocks are already connected with an edge (and hence ordered), but some are not. Additional effort is required to construct a final chain based on a DAG, and that is exactly what the DAG-based consensus protocol is needed for. a DAG is a graph that has a direction and doesn’t have any cycles. DAG vs Blockchain: Technical Differences Why did I explain how blockchain works and then introduce DAGs? Because many observers and especially DAG supporters think that this is the real blockchain 3.0. That it’s the natural way for blockchain to elevate and move closer to mainstream adoption. But technically, If you were to visualize blockchain and Aleph Zero, you’d see both as chains of blocks. It’s because in both protocols the chain of transactions is a desired result. they are not that different. The difference lies inside the blocks. We say that in Aleph Zero, there’s a In blockchain, it is called Nakamoto consensus, and it’s based on Proof of Work. DAG-based Proof-of-Stake consensus protocol. Proof of Work adds latency to the network in order to ensure it is synchronized and resilient to most attacks. But usually in a DAG-based protocol, this energy-consumption-heavy computing is completely unnecessary. The new transactions are validated by the previous ones. No mining is required. What Are the Benefits of DAG? A DAG protocol like Aleph Zero has many advantages over traditional, PoW blockchain. It produces the consensus much faster than a blockchain, and thanks to that, it is able to maintain high transaction speeds when operating on a high scale, something that Bitcoin’s blockchain could not achieve. For example, has This is the power of a DAG at its best. Aleph Zero’s proof-of-concept protocol reached 100,000 Tx/s on a test network of 128 nodes. The second benefit is that DAG utilization can be mining-free. With such an architecture, without mining fees and miners to validate the transactions, the transactions can be much cheaper, or even marginal or free. That’s why DAGs have been identified as suitable for IoT applications. But this also points us to a real-world usable currency held on DAGs. You wouldn’t want to pay, say, a $0.50 blockchain transaction fee for a $0.90 cola, would you? But you would want to pay the usual 0.0004 BTC (about $4) to . If we were to use crypto as a currency for small, everyday payments, DAG seems to be the tech to use. transfer a couple of million dollars secure and fast What are potential challenges with DAGs? They tend to be less decentralized than blockchains, especially THE blockchain. Many DAG projects approach the (de)centralization problem differently. For example, Hashgraph uses a committee of 39 nodes run by global corporations. Is this truly decentralized? We’d argue that it is not, but for the problems and use cases that they are aiming to solve, this seems enough. Usually, In Aleph Zero, we are implementing a mechanism that chooses rotating committee members randomly (in the test net we are usually using 128 nodes, but we are aiming for a much higher number). it’s not easy to decentralize DAG to the same level as blockchain. The security of many DLTs is dependent on how well-spread the network is – the more nodes there are, the harder it is to control the network. Bitcoin or Ethereum are yet unbeatable at that, and there are no signs of changing this status. And still, Bitcoin’s mining is not as decentralized as one would hope, as there are only a few major mining pools that are responsible for validating the transactions of the whole network. Don’t worry; it’s not that they “control” the network. The current situation is just (but it is aligned with the rules of capitalism). In Aleph Zero, although it is a DAG, we believe we have found a satisfying solution to the decentralization problem. You can read about our ideas on not aligned with the idea of Bitcoin arXiv. Will DAG Replace Blockchain? The discussion around DAG and blockchain is increasing in intensity, speculation, and reach. Yes, DAG can solve most of blockchain’s issues, but Bitcoin’s blockchain is the oldest, the biggest, and, therefore, the most decentralized DLT out there. On the other hand, the whole DLT space right now, based on market size, is only as big as a large corporation like PepsiCo. Until blockchain really goes mainstream and as an industry grows two or three times its current size, we can’t be sure if 10 years from now Bitcoin’s blockchain will still be the #1 crypto technology in the world. But now? It’s more a matter of use cases and whether blockchain or DAG suits them more. For example, you’d use DAG to let IoT devices perform micropayments on their own, but if you were to transfer large amounts of money, you’d likely prefer to Bitcoin (blockchain). There’s plenty of room for different Distributed Ledger Technologies. Our vision is an ecosystem in which you can use the DLTs that suit your business needs but that are interconnected at the same time. You could choose private or public, leaderless or leader-based, DAG or blockchain, and while achieving your business goals, you could stay connected to the global ecosystem that provides security and transparency.

DAG vs Blockchain - More Similarities than Differences

ZUG, Switzerland, October 2nd, 2024/Chainwire/--Poland’s second-largest bank, Pekao S.A., used the Aleph Zero L1 blockchain to tokenize and preserve internationally renowned Polish artworks. Bank Pekao, Aleph Zero, and Degen House are proud to announce the launch of Archiv3, a project to tokenize and preserve Polish cultural heritage on the Aleph Zero blockchain, with digital reproductions securely stored in the Arctic World Archive (AWA). This initiative combines blockchain technology with a commitment to cultural preservation, ensuring the safekeeping of Poland’s artistic legacy for future generations. With Archiv3, Bank Pekao becomes the first universal bank to tokenize historical art specifically for preservation purposes. This initiative follows the bank’s earlier “Unique” project, marking its role in integrating blockchain technology with traditional banking. It also highlights the bank's ongoing commitment to modernizing its services and expanding the reach of digital assets. Notably, Archiv3 is the first project to tokenize artworks for long-term storage in the Arctic World Archive, known as the “Doomsday Library.” In its press release, Bank Pekao pointed out that the deciding factor in using the Aleph Zero blockchain has been not only its speed and security but also its attention to optimizing for a low carbon footprint and its carbon offset program. “We have chosen Aleph Zero for their privacy-focused, top-class technology combined with sound experience in cooperation with large institutions,” says Michał Walęczak, Director of the Private Banking Strategy and Development Department at Bank Pekao S.A. “Minimal carbon footprint as well as low storage costs were also important factors in our decision-making process. Tokenization of art requires modern and flexible technology, unforced creativity and some out-of-the-box thinking; these features we were happy to find in co-operation with Aleph Zero.” ARCHIV3 involves the meticulous digitization of masterpieces from iconic Polish artists, such as Jan Matejko, Stanisław Wyspiański, Wojciech Kossak, and others, facilitated by Degen House, the bank’s technological partner, who also managed the Aleph Zero integration. The process began with the creation of high-quality, museum-grade 3D scans using ultra-sensitive cameras, which capture every detail of the original artworks. These digital replicas were then minted as NFTs on the eco-friendly Aleph Zero blockchain, which ensures minimal carbon footprint during the process. The tokenized versions are subsequently archived in the Arctic World Archive, where they are expected to remain secure for at least 1,000 years. The artworks in the Archiv3 collection span a range of historical periods, primarily featuring 19th-century works and select modern pieces, such as those by contemporary artist Lia Kimura. This initiative aims to preserve these treasures not only for their cultural and historical significance but also as a resource for future study, conservation, and potential virtual exhibitions. Preserving Art for Future Generations The Arctic World Archive, located on the remote Svalbard archipelago, serves as a highly secure data vault designed to protect invaluable cultural, historical, and scientific information from natural disasters, cyber threats, and other risks. Established in 2017, the archive uses advanced storage technology to ensure data longevity without the need for electricity or human intervention, making it one of the safest places in the world for preserving irreplaceable records. The AWA already houses manuscripts from the Vatican Library, documentation from UNESCO and UNICEF, the entire GitHub code repository, as well as literary works by Nobel Prize laureates Olga Tokarczuk and Wisława Szymborska. Bank Pekao is the first financial institution to archive culturally significant artworks at the AWA, while doing the same using decentralized storage, setting a precedent for how blockchain technology can be used to bridge traditional art with new digital solutions. For any enquiries about this release, please contact josh@serotonin.co About Aleph Zero Aleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero knowledge proofs, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs. For more information, users can visit https://alephzero.org/ About Bank Pekao S.A. Bank Pekao S.A., founded in 1929, is one of the largest financial institutions in the Central and Eastern European region and the second-largest universal bank in Poland with assets of 316 billion PLN. With the second largest branch network, Bank Pekao serves 6.9 million customers. As a leading corporate bank in Poland, it serves every second corporation in Poland. Its status as a universal bank is based on its leading market position in private banking, asset management, and brokerage activities. Bank Pekao's diversified business profile is supported by a leading market balance sheet and risk profile reflected in the lowest risk costs, strong capital ratios, and resilience to macroeconomic conditions (Pekao proved to be the most resilient bank in Europe, ranking first in the stress tests conducted by the EBA in 2023 amongst 70 banks). Since 1998, Bank Pekao has been listed on the Warsaw Stock Exchange and participates in several local (including WIG 20 and WIG) and international indices (including MSCI EM, Stoxx Europe 600, and FTSE Developed). Pekao is one of the most dividend-paying listed companies in Poland over the past 10 years, paying out a total of approx. 20 billion PLN over a decade. About Degen House Degen House is a full-stack blockchain solutions provider with a proven track record of collaborations spanning major CEE banks and top global blockchain ecosystems. The company offers comprehensive end-to-end solutions, from strategic consulting and product development to targeted marketing and sales. Contact PR Manager Josh Adams Aleph Zero josh@serotonin.co This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here ZUG, Switzerland, October 2nd, 2024/Chainwire/--Poland’s second-largest bank, Pekao S.A., used the Aleph Zero L1 blockchain to tokenize and preserve internationally renowned Polish artworks. Bank Pekao , Aleph Zero , and Degen House are proud to announce the launch of Archiv3 , a project to tokenize and preserve Polish cultural heritage on the Aleph Zero blockchain, with digital reproductions securely stored in the Arctic World Archive (AWA). Bank Pekao Bank Pekao Aleph Zero Aleph Zero Degen House Degen House Archiv3 Archiv3 Arctic World Archive (AWA). Arctic World Archive (AWA). This initiative combines blockchain technology with a commitment to cultural preservation, ensuring the safekeeping of Poland’s artistic legacy for future generations. With Archiv3, Bank Pekao becomes the first universal bank to tokenize historical art specifically for preservation purposes. This initiative follows the bank’s earlier “Unique” project, marking its role in integrating blockchain technology with traditional banking. “Unique” “Unique” It also highlights the bank's ongoing commitment to modernizing its services and expanding the reach of digital assets. Notably, Archiv3 is the first project to tokenize artworks for long-term storage in the Arctic World Archive, known as the “Doomsday Library.” In its press release , Bank Pekao pointed out that the deciding factor in using the Aleph Zero blockchain has been not only its speed and security but also its attention to optimizing for a low carbon footprint and its carbon offset program. In its press release In its press release “We have chosen Aleph Zero for their privacy-focused, top-class technology combined with sound experience in cooperation with large institutions,” says Michał Walęczak, Director of the Private Banking Strategy and Development Department at Bank Pekao S.A. “Minimal carbon footprint as well as low storage costs were also important factors in our decision-making process. Tokenization of art requires modern and flexible technology, unforced creativity and some out-of-the-box thinking; these features we were happy to find in co-operation with Aleph Zero.” ARCHIV3 involves the meticulous digitization of masterpieces from iconic Polish artists, such as Jan Matejko, Stanisław Wyspiański, Wojciech Kossak, and others, facilitated by Degen House, the bank’s technological partner, who also managed the Aleph Zero integration. The process began with the creation of high-quality, museum-grade 3D scans using ultra-sensitive cameras, which capture every detail of the original artworks. These digital replicas were then minted as NFTs on the eco-friendly Aleph Zero blockchain, which ensures minimal carbon footprint during the process. The tokenized versions are subsequently archived in the Arctic World Archive, where they are expected to remain secure for at least 1,000 years. The artworks in the Archiv3 collection span a range of historical periods, primarily featuring 19th-century works and select modern pieces, such as those by contemporary artist Lia Kimura. This initiative aims to preserve these treasures not only for their cultural and historical significance but also as a resource for future study, conservation, and potential virtual exhibitions. Preserving Art for Future Generations The Arctic World Archive, located on the remote Svalbard archipelago, serves as a highly secure data vault designed to protect invaluable cultural, historical, and scientific information from natural disasters, cyber threats, and other risks. Established in 2017, the archive uses advanced storage technology to ensure data longevity without the need for electricity or human intervention, making it one of the safest places in the world for preserving irreplaceable records. The AWA already houses manuscripts from the Vatican Library, documentation from UNESCO and UNICEF, the entire GitHub code repository, as well as literary works by Nobel Prize laureates Olga Tokarczuk and Wisława Szymborska. Bank Pekao is the first financial institution to archive culturally significant artworks at the AWA, while doing the same using decentralized storage, setting a precedent for how blockchain technology can be used to bridge traditional art with new digital solutions. For any enquiries about this release, please contact josh@serotonin.co josh@serotonin.co josh@serotonin.co About Aleph Zero Aleph Zero is a privacy-first ecosystem of blockchain solutions that are engineered for speed, data confidentiality, and ease of development. It achieves efficiencies akin to conventional web2 systems, upholds rigorous standards for data protection via zero knowledge proofs, and offers a comprehensive toolset for development across web3 that ranges from WASM-based Rust to EVM-based Solidity environments. Aleph Zero Aleph Zero Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications that are supported by Aleph Zero ecosystem development programs. For more information, users can visit https://alephzero.org/ https://alephzero.org/ https://alephzero.org/ About Bank Pekao S.A. Bank Pekao S.A. , founded in 1929, is one of the largest financial institutions in the Central and Eastern European region and the second-largest universal bank in Poland with assets of 316 billion PLN. With the second largest branch network, Bank Pekao serves 6.9 million customers. Bank Pekao S.A. Bank Pekao S.A. As a leading corporate bank in Poland, it serves every second corporation in Poland. Its status as a universal bank is based on its leading market position in private banking, asset management, and brokerage activities. Bank Pekao's diversified business profile is supported by a leading market balance sheet and risk profile reflected in the lowest risk costs, strong capital ratios, and resilience to macroeconomic conditions (Pekao proved to be the most resilient bank in Europe, ranking first in the stress tests conducted by the EBA in 2023 amongst 70 banks). Since 1998, Bank Pekao has been listed on the Warsaw Stock Exchange and participates in several local (including WIG 20 and WIG) and international indices (including MSCI EM, Stoxx Europe 600, and FTSE Developed). Pekao is one of the most dividend-paying listed companies in Poland over the past 10 years, paying out a total of approx. 20 billion PLN over a decade. About Degen House Degen House is a full-stack blockchain solutions provider with a proven track record of collaborations spanning major CEE banks and top global blockchain ecosystems. The company offers comprehensive end-to-end solutions, from strategic consulting and product development to targeted marketing and sales. Degen House Degen House Contact PR Manager Josh Adams Aleph Zero josh@serotonin.co This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

ARCHIV3: Poland’s Second-Largest Bank Chooses Aleph Zero To Tokenize Historical Art

ARCHIV3: Druhá největší polská banka si vybrala Aleph Zero, aby tokenizoval historické umění

ARCHIV3: El segundo banco más grande de Polonia elige a Aleph Zero para tokenizar arte histórico

ARCHIV3: Poloniako bigarren banku handienak Aleph Zero aukeratzen du arte historikoa tokenizatzeko

ARCHIV3: הבנק השני בגודלו בפולין בוחר באלף אפס כדי לתת אסימונים לאמנות היסטורית

ARCHIV3: Druga najveća banka u Poljskoj izabrala Aleph Zero za tokenizaciju povijesne umjetnosti

ARCHIV3: Dezyèm pi gwo bank Polòy chwazi Aleph Zero pou tokenize atizay istorik

ARCHIV3: ポーランド第2位の銀行が歴史的芸術品のトークン化にAleph Zeroを選択

ARCHIV3: antrasis pagal dydį Lenkijos bankas pasirinko Aleph Zero istorinio meno ženklinimui

ARCHIV3: د پولنډ دوهم لوی بانک د تاریخي هنر نښه کولو لپاره الف صفر غوره کوي

ARCHIV3: Benki ya Pili kwa Ukubwa Polandi Yachagua Aleph Zero Kuashiria Sanaa ya Kihistoria

ARCHIV3: போலந்தின் இரண்டாவது பெரிய வங்கி வரலாற்றுக் கலையை அடையாளப்படுத்த அலெஃப் ஜீரோவைத் தேர்வு செய்தது

ARCHIV3: Bangi Ya Vumbirhi Leyikulu ePoland Yi Hlawule Aleph Zero Ku Va Tokenize Vutshila Bya Matimu

HackerNoon Reporter: Please tell us briefly about your background. Education-wise, it’s music and international relations. I’ve dabbled in journalism, content marketing, and public relations projects across Europe, helped grow a Polish-American software house as well as a SaaS scale-up awarded by Financial Times, and then co-founded Aleph Zero. What's your startup called? And in a sentence or two, what does it do? Aleph Zero is a public blockchain with enhanced privacy features. The idea is to provide a viable alternative solution to enterprises—one that allows them to use a peer-reviewed, audited public chain and save on their infrastructure cost, but at the same time still have the freedom to execute private computations and protect sensitive company data. What is the origin story? When we’ve started out, there was no blockchain that solved four main challenges existing in the DLT space: scalability, security, decentralization, and privacy. We’ve had a perfect opportunity to assemble an insanely skilled team that developed scientific innovations in two of those areas. public What do you love about your team, and why are you the ones to solve this problem? We combine academic excellence with business know-how. As blockchain is an area that requires constant innovation, it’s difficult to find team members with the proper expertise. We’re lucky enough to not only work with more than 10 brilliant mathematical minds on a professional level—but also to have relationships with one another outside of work. If you weren’t building your startup, what would you be doing? I’d be figuring out how to start building one. Once you understand what’s it about, there’s really no turning back. At the moment, how do you measure success? What are your core metrics? At this very moment, it’s mostly brand awareness—but developer adoption at the very next stage. We’ve just concluded a portion of our fundraising and have been able to grow the team. The next step is launching the first iteration of the product in September/October 2021, and start collecting feedback from the crypto community. What’s most exciting about your traction to date? I believe I’m a people person, so from my perspective, the most exciting aspect of building Aleph Zero is simply being a part of it. The team is insanely skilled and fun to work with. Project-wise, we have several highlights that we always bring up: our work getting peer-reviewed and accepted for presentation at an ACM conference, testnet launch, or closing the seed round. What technologies are you currently most excited about, and most worried about? And why? There’s this saying that my co-founder and friend, Adam, has: “I’m excited about blockchain technology but suspicious of startups implementing it.” It’s an interesting summary—we’re building a very efficient, decentralized infrastructure that can preserve users’ privacy. Blockchain is still in its early days as far as market adoption is concerned—and it’s easy to over-hype and over-promise real-world use cases. The real shift on a mass scale will happen most likely later than most people anticipate. It definitely is a technological breakthrough—but a global adoption is yet to come. What drew you to get published on HackerNoon? What do you like most about our platform? The freedom, quality, and diversity of articles being published. As the only non-technical member of the founding team, my main job is to find ways of bridging the gap between an average crypto enthusiast and deep tech. HackerNoon oftentimes serves as an inspiration in doing just that. What advice would you give to the 21-year-old version of yourself? That I’m not crazy. Or, at least, not entirely crazy. What is something surprising you've learned this year that your contemporaries would benefit from knowing? DM me. :) LINK to City Award Page with your company listed. Startup of the Year

Antoni Zolciak, Aleph Zero's COO & CMO, talks about creating a public blockchain

Back in February at ETHDenver 2024, Decentralised Confidential Computing (DeCC) emerged from a grassroots movement to become a new Web3 category through a coalition of more than twenty privacy-focused blockchain networks. After several weeks of open discussion, the group moved to a formal vote, in which the overwhelming consensus was to adopt the term DeCC as the broad category name for all projects that operate in the space. DeCC projects take the concept of privacy to new levels. Previously, Web3 projects working in the area of data protection and confidential execution of smart contracts were often labeled as “privacy coins” or “privacy chains.”  This bundled these organizations into early generations of solutions focused solely on transactional privacy, like Monero or Zcash. However, DeCC projects provide the ability to create smart contracts with encrypted data, which is far more powerful than simply sending a token privately. Lisa Loud, executive director of Secret Network Foundation, one of the founding projects, explains: “Ethereum changed the world when it introduced the concept of smart contracts running on a blockchain. This made it possible to not only create decentralized payment systems like Bitcoin, but also decentralized computing applications. However, since that time, most blockchain technology has required all data to be fully transparent and public. While this is fine for some applications, it’s a massive limitation for others. “DeCC solves this, unlocking new possibilities for Web3 by enabling smart contracts to utilize encrypted data, paving the way for mainstream adoption. Secret Network aims to provide DeCC to all of Web3,” she says. “For the first time in Ethereum's history, we have practical and easy privacy solutions. No new languages for developers to learn. No new tooling required. The work done by DeCC projects will set a new standard for Web3 applications," said Gavin Thomas, co-founder of Obscuro Labs and contributor to TEN "The TEN team, like the other DeCC projects, have worked tirelessly to bring this innovation to life, and we're excited to see how it will empower developers and users alike." In another analogy, DeCC members compare Bitcoin to Ethereum. Bitcoin provides a ledger of token transfers, but Ethereum can provide that and far more through the use of smart contracts. DeCC is addressing the whole privacy issue. Alessandro De Carli, Co-Founder of Acurast, says: “Centralized trust is ubiquitous in today's interconnected world, from computational resources to data storage and its underlying infrastructure. Large-scale data leaks and breaches have shed light on these implicit trust assumptions and highlighted the need to evolve toward a permissionless, confidential, and universally decentralized cloud future, powered by blockchains. “One major challenge facing blockchains of today is the effectiveness and confidentiality of the execution layer, and DeCC is the solution to this,” says De Carli. The projects involved in the movement so far include (in alphabetical order): Acurast, Aleo, Aleph Zero, Anyone Protocol, Arcium, Automata, Aztec, COTI, Fairblock, Fhenix, iExec, Inco, Integritee, Intmax, Marlin, Mind Network, Oasis, Partisia Blockchain Foundation, Phala, Secret Network, Sunscreen, Swisstronik, TEN, Ternoa, and Zama. Additional projects are welcome to contact this organization and add their voices and resources to the effort. IExec CEO Gilles Fedak adds, “In most platforms, data is processed out of reach of its owners. Those who truly own the data are not the ones who get to decide how it is protected, used, or who benefits from it. iExec Dev Tools use privacy-enhancing technologies like confidential computing to solve this problem, making it easy to leverage the power of DeCC without the complexity. iExec is proud to be a pivotal force in DeCC by allowing users to maintain complete ownership of their data, encrypting it end-to-end, and benefiting from the value their data creates.” DeCC encompasses multiple types of encryption technologies and solutions aimed at improved data protection, secure and confidential calculations, and verifiable computing. Some of the technologies used by the companies in the field include TEE (Trusted Execution Environment), ZKP (Zero-Knowledge Proofs), MPC (Multi-Party Computation), Garbled Circuits (GC) and FHE (Fully Homomorphic Encryption). Many DeCC projects share the overarching goal of making blockchains more suitable for conducting business by ensuring confidentiality and protection of sensitive or owned data. In contrast, most leading blockchain networks today are radically transparent, making mainstream adoption difficult to achieve. Jernej Kos, Director of the Oasis Foundation, shares his perspective on why privacy is important to Web3 and how the Oasis Network plays a strategic role in reshaping a more privacy-centric digital future. “Decentralized Confidential Computing (DeCC) represents a significant evolution in blockchain technology, moving beyond mere transactional privacy to enable secure, confidential execution of smart contracts. Oasis Foundation is proud to be part of this pioneering coalition, as we believe DeCC will revolutionize data protection and computation in the Web3 space, allowing us to engineer more sophisticated smart contracts, expand to new use cases, and create better user experiences. This initiative underscores our commitment to advancing privacy technologies and fostering innovation that can drive mainstream adoption of blockchain solutions.” he says. The DeCC Alliance plans to raise awareness of this technology through “DeCC Day” events at major blockchain conventions worldwide. They have already hosted events at Futurist, NFT.NYC, Consensus, EthCC, and are now planning for Token2049, DevCon, and others. DeCC Alliance projects are also working together to further develop their associated technologies through research and collaboration. Mike Antonuk, Founder of Swisstronik, points to compelling cost reduction in DeCC:  “Most Web3 product builders find it hard and costly to keep up with the ever-changing, fragmented crypto regulations. Moreover, they’re forced to choose between user privacy & decentralization and compliance. App users also have a hard choice to make. They have to either rely on centralized parties and risk their personal data while passing identity checks, or stay in the gray area of the crypto industry, which is filled with fraudsters and numerous risks. Swisstronik solves this through DeCC, providing a set of tools that strike a balance between user privacy, regulatory compliance, and decentralization.” Back in February at ETHDenver 2024, Decentralised Confidential Computing (DeCC) emerged from a grassroots movement to become a new Web3 category through a coalition of more than twenty privacy-focused blockchain networks. After several weeks of open discussion, the group moved to a formal vote, in which the overwhelming consensus was to adopt the term DeCC as the broad category name for all projects that operate in the space. Back in February at ETHDenver 2024, Decentralised Confidential Computing (DeCC) emerged from a grassroots movement to become a new Web3 category through a coalition of more than twenty privacy-focused blockchain networks. After several weeks of open discussion, the group moved to a formal vote, in which the overwhelming consensus was to adopt the term DeCC as the broad category name for all projects that operate in the space. DeCC projects take the concept of privacy to new levels. Previously, Web3 projects working in the area of data protection and confidential execution of smart contracts were often labeled as “privacy coins” or “privacy chains.”  This bundled these organizations into early generations of solutions focused solely on transactional privacy, like Monero or Zcash. However, DeCC projects provide the ability to create smart contracts with encrypted data, which is far more powerful than simply sending a token privately. Lisa Loud, executive director of Secret Network Foundation, one of the founding projects, explains: “ Ethereum changed the world when it introduced the concept of smart contracts running on a blockchain. This made it possible to not only create decentralized payment systems like Bitcoin, but also decentralized computing applications. However, since that time, most blockchain technology has required all data to be fully transparent and public. While this is fine for some applications, it’s a massive limitation for others. Ethereum changed the world when it introduced the concept of smart contracts running on a blockchain. This made it possible to not only create decentralized payment systems like Bitcoin, but also decentralized computing applications. However, since that time, most blockchain technology has required all data to be fully transparent and public. While this is fine for some applications, it’s a massive limitation for others. “ DeCC solves this, unlocking new possibilities for Web3 by enabling smart contracts to utilize encrypted data, paving the way for mainstream adoption. Secret Network aims to provide DeCC to all of Web3 ,” she says. DeCC solves this, unlocking new possibilities for Web3 by enabling smart contracts to utilize encrypted data, paving the way for mainstream adoption. Secret Network aims to provide DeCC to all of Web3 “ For the first time in Ethereum's history, we have practical and easy privacy solutions. No new languages for developers to learn. No new tooling required. The work done by DeCC projects will set a new standard for Web3 applications, " said Gavin Thomas, co-founder of Obscuro Labs and contributor to TEN For the first time in Ethereum's history, we have practical and easy privacy solutions. No new languages for developers to learn. No new tooling required. The work done by DeCC projects will set a new standard for Web3 applications, "The TEN team, like the other DeCC projects, have worked tirelessly to bring this innovation to life, and we're excited to see how it will empower developers and users alike." "The TEN team, like the other DeCC projects, have worked tirelessly to bring this innovation to life, and we're excited to see how it will empower developers and users alike." "The TEN team, like the other DeCC projects, have worked tirelessly to bring this innovation to life, and we're excited to see how it will empower developers and users alike." In another analogy, DeCC members compare Bitcoin to Ethereum. Bitcoin provides a ledger of token transfers, but Ethereum can provide that and far more through the use of smart contracts. DeCC is addressing the whole privacy issue. Alessandro De Carli, Co-Founder of Acurast, says: “Centralized trust is ubiquitous in today's interconnected world, from computational resources to data storage and its underlying infrastructure. Large-scale data leaks and breaches have shed light on these implicit trust assumptions and highlighted the need to evolve toward a permissionless, confidential, and universally decentralized cloud future, powered by blockchains. “Centralized trust is ubiquitous in today's interconnected world, from computational resources to data storage and its underlying infrastructure. Large-scale data leaks and breaches have shed light on these implicit trust assumptions and highlighted the need to evolve toward a permissionless, confidential, and universally decentralized cloud future, powered by blockchains. “One major challenge facing blockchains of today is the effectiveness and confidentiality of the execution layer, and DeCC is the solution to this,” says De Carli. “One major challenge facing blockchains of today is the effectiveness and confidentiality of the execution layer, and DeCC is the solution to this,” The projects involved in the movement so far include (in alphabetical order): Acurast , Aleo , Aleph Zero , Anyone Protocol , Arcium , Automata , Aztec , COTI , Fairblock , Fhenix , iExec , Inco , Integritee , Intmax , Marlin , Mind Network , Oasis , Partisia Blockchain Foundation , Phala , Secret Network , Sunscreen , Swisstronik , TEN , Ternoa , and Zama . Additional projects are welcome to contact this organization and add their voices and resources to the effort. Acurast Acurast Aleo Aleo Aleph Zero Aleph Zero Anyone Protocol Anyone Protocol Arcium Arcium Automata Automata Aztec Aztec C OTI C Fairblock Fairblock Fhenix Fhenix iExec iExec Inco Inco Integritee Integritee Intmax Intmax Marlin Marlin Mind Network Mind Network Oasis Oasis Partisia Blockchain Foundation Partisia Blockchain Foundation Phala Phala Secret Network Secret Network Sunscreen Sunscreen Swisstronik Swisstronik TEN TEN Ternoa Ternoa Zama Zama contact contact IExec CEO Gilles Fedak adds, “In most platforms, data is processed out of reach of its owners. Those who truly own the data are not the ones who get to decide how it is protected, used, or who benefits from it. iExec Dev Tools use privacy-enhancing technologies like confidential computing to solve this problem, making it easy to leverage the power of DeCC without the complexity. iExec is proud to be a pivotal force in DeCC by allowing users to maintain complete ownership of their data, encrypting it end-to-end, and benefiting from the value their data creates.” “In most platforms, data is processed out of reach of its owners. Those who truly own the data are not the ones who get to decide how it is protected, used, or who benefits from it. iExec Dev Tools use privacy-enhancing technologies like confidential computing to solve this problem, making it easy to leverage the power of DeCC without the complexity. iExec is proud to be a pivotal force in DeCC by allowing users to maintain complete ownership of their data, encrypting it end-to-end, and benefiting from the value their data creates.” DeCC encompasses multiple types of encryption technologies and solutions aimed at improved data protection, secure and confidential calculations, and verifiable computing. Some of the technologies used by the companies in the field include TEE (Trusted Execution Environment), ZKP (Zero-Knowledge Proofs), MPC (Multi-Party Computation), Garbled Circuits (GC) and FHE (Fully Homomorphic Encryption). Many DeCC projects share the overarching goal of making blockchains more suitable for conducting business by ensuring confidentiality and protection of sensitive or owned data. In contrast, most leading blockchain networks today are radically transparent, making mainstream adoption difficult to achieve. Jernej Kos, Director of the Oasis Foundation, shares his perspective on why privacy is important to Web3 and how the Oasis Network plays a strategic role in reshaping a more privacy-centric digital future. “Decentralized Confidential Computing (DeCC) represents a significant evolution in blockchain technology, moving beyond mere transactional privacy to enable secure, confidential execution of smart contracts. Oasis Foundation is proud to be part of this pioneering coalition, as we believe DeCC will revolutionize data protection and computation in the Web3 space, allowing us to engineer more sophisticated smart contracts, expand to new use cases, and create better user experiences. This initiative underscores our commitment to advancing privacy technologies and fostering innovation that can drive mainstream adoption of blockchain solutions.” he says. “Decentralized Confidential Computing (DeCC) represents a significant evolution in blockchain technology, moving beyond mere transactional privacy to enable secure, confidential execution of smart contracts. Oasis Foundation is proud to be part of this pioneering coalition, as we believe DeCC will revolutionize data protection and computation in the Web3 space, allowing us to engineer more sophisticated smart contracts, expand to new use cases, and create better user experiences. This initiative underscores our commitment to advancing privacy technologies and fostering innovation that can drive mainstream adoption of blockchain solutions.” The DeCC Alliance plans to raise awareness of this technology through “DeCC Day” events at major blockchain conventions worldwide. They have already hosted events at Futurist, NFT.NYC, Consensus, EthCC, and are now planning for Token2049, DevCon, and others. DeCC Alliance projects are also working together to further develop their associated technologies through research and collaboration. Mike Antonuk, Founder of Swisstronik, points to compelling cost reduction in DeCC: “Most Web3 product builders find it hard and costly to keep up with the ever-changing, fragmented crypto regulations. Moreover, they’re forced to choose between user privacy & decentralization and compliance. App users also have a hard choice to make. They have to either rely on centralized parties and risk their personal data while passing identity checks, or stay in the gray area of the crypto industry, which is filled with fraudsters and numerous risks. Swisstronik solves this through DeCC, providing a set of tools that strike a balance between user privacy, regulatory compliance, and decentralization.” “Most Web3 product builders find it hard and costly to keep up with the ever-changing, fragmented crypto regulations. Moreover, they’re forced to choose between user privacy & decentralization and compliance. App users also have a hard choice to make. They have to either rely on centralized parties and risk their personal data while passing identity checks, or stay in the gray area of the crypto industry, which is filled with fraudsters and numerous risks. Swisstronik solves this through DeCC, providing a set of tools that strike a balance between user privacy, regulatory compliance, and decentralization.”

What Every Blockchain Needs: Confidentiality

Interlock Launches Web3 Security Extension And Incentivized Crowdsourced Internet Security Community

LONDON, UK, May 10th, 2024/Chainwire/--Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain. Aleph Zero is a permissionless Layer-1 blockchain that combines a Proof of Stake (PoS) consensus mechanism with a Directed Acyclic Graph (DAG) for scalability, security, and efficiency. Its advanced privacy features include zero-knowledge proofs (ZK-SNARKs) and secure multi-party computation (sMPC) within the Liminal privacy layer. About Kintsu Kintsu aims to reshape the DeFi landscape with its next-generation liquid staking platform, empowering users to stake their assets while maintaining liquidity. By leveraging Aleph Zero’s state-of-the-art security and unparalleled transaction speeds, Kintsu provides unmatched flexibility and efficiency in liquid staking. A recipient of the Aleph Zero Ecosystem Funding Program, Kintsu is recognized as a pioneer within the Aleph Zero, INK, and Substrate ecosystem. With a focus on decentralization, and security, Kintsu aims to redefine liquid staking, providing DeFi users with a efficient, scalable, liquid, and composable staking solution. Key Features of the Kintsu Testnet Exclusive Early Access: A select group, including the Kintsu OGs, will have the opportunity to participate first, offering focused feedback to enhance the platform iteratively.
Seamless Staking Process: Users can stake their tokens with ease and have them allocated among carefully selected validators for optimal security and efficiency.
Innovative Unstaking and Batching Process: Unstaking requests are collected over a 48-hour period before being batched, followed by a standard 14-day unbonding period. Participants can cancel their requests until they are batched.
Claimable Gas Rewards: Following the unbonding period, participants can claim gas rewards from the Liquid Staking Tokens (LSTs) initially escrowed.
Comprehensive Wallet Support: Participants can utilize wallets like Aleph Zero Signer, Nightly, Subwallet, Talisman, and Polkadot{.js}. Hats Finance Audit Competition: Kintsu has partnered with Hats Finance, a decentralized cybersecurity network, to conduct an audit competition on the contracts that will be deployed on the Testnet. The competition features a bounty of $40,000, incentivizing ethical hackers and security experts to identify and report vulnerabilities. This initiative ensures that Kintsu's contracts are thoroughly vetted before their mainnet launch, maintaining the highest security standards as Kintsu pioneers the future of liquid staking. Participation and Feedback: Kintsu invites its community to actively participate in the Testnet, exploring its innovative features and providing crucial feedback. This feedback will play a significant role in enhancing the platform's user experience. Connecting with the Kintsu Community Users can stay updated on the latest developments and engage with other like-minded individuals by joining the Kintsu Discord community and following on Twitter. Insights and feedback from the community are crucial in shaping the future of DeFi. Contact Director of Growth Alexios Konstantinidis Kintsu hello@kintsu.xyz This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. LONDON, UK, May 10th, 2024/Chainwire/--Kintsu, a leading innovator in the DeFi space, is thrilled to announce the launch of its highly anticipated Testnet on May 13th. This exclusive event invites a select group, including the Kintsu OGs, to pioneer a new era in liquid staking on the cutting-edge Aleph Zero blockchain. Aleph Zero is a permissionless Layer-1 blockchain that combines a Proof of Stake (PoS) consensus mechanism with a Directed Acyclic Graph (DAG) for scalability, security, and efficiency. Its advanced privacy features include zero-knowledge proofs (ZK-SNARKs) and secure multi-party computation (sMPC) within the Liminal privacy layer. About Kintsu Kintsu aims to reshape the DeFi landscape with its next-generation liquid staking platform, empowering users to stake their assets while maintaining liquidity. By leveraging Aleph Zero’s state-of-the-art security and unparalleled transaction speeds, Kintsu provides unmatched flexibility and efficiency in liquid staking. A recipient of the Aleph Zero Ecosystem Funding Program, Kintsu is recognized as a pioneer within the Aleph Zero, INK, and Substrate ecosystem. With a focus on decentralization, and security, Kintsu aims to redefine liquid staking, providing DeFi users with a efficient, scalable, liquid, and composable staking solution. Key Features of the Kintsu Testnet Exclusive Early Access: A select group, including the Kintsu OGs, will have the opportunity to participate first, offering focused feedback to enhance the platform iteratively. Seamless Staking Process: Users can stake their tokens with ease and have them allocated among carefully selected validators for optimal security and efficiency. Innovative Unstaking and Batching Process: Unstaking requests are collected over a 48-hour period before being batched, followed by a standard 14-day unbonding period. Participants can cancel their requests until they are batched. Claimable Gas Rewards: Following the unbonding period, participants can claim gas rewards from the Liquid Staking Tokens (LSTs) initially escrowed. Comprehensive Wallet Support: Participants can utilize wallets like Aleph Zero Signer, Nightly, Subwallet, Talisman, and Polkadot{.js}. Exclusive Early Access: A select group, including the Kintsu OGs, will have the opportunity to participate first, offering focused feedback to enhance the platform iteratively. Seamless Staking Process: Users can stake their tokens with ease and have them allocated among carefully selected validators for optimal security and efficiency. Innovative Unstaking and Batching Process: Unstaking requests are collected over a 48-hour period before being batched, followed by a standard 14-day unbonding period. Participants can cancel their requests until they are batched. Claimable Gas Rewards: Following the unbonding period, participants can claim gas rewards from the Liquid Staking Tokens (LSTs) initially escrowed. Comprehensive Wallet Support: Participants can utilize wallets like Aleph Zero Signer, Nightly, Subwallet, Talisman, and Polkadot{.js}. Hats Finance Audit Competition: Kintsu has partnered with Hats Finance, a decentralized cybersecurity network, to conduct an audit competition on the contracts that will be deployed on the Testnet. The competition features a bounty of $40,000, incentivizing ethical hackers and security experts to identify and report vulnerabilities. This initiative ensures that Kintsu's contracts are thoroughly vetted before their mainnet launch, maintaining the highest security standards as Kintsu pioneers the future of liquid staking. Participation and Feedback: Kintsu invites its community to actively participate in the Testnet, exploring its innovative features and providing crucial feedback. This feedback will play a significant role in enhancing the platform's user experience. Connecting with the Kintsu Community Users can stay updated on the latest developments and engage with other like-minded individuals by joining the Kintsu Discord community and following on Twitter. Insights and feedback from the community are crucial in shaping the future of DeFi. Contact Director of Growth Alexios Konstantinidis Kintsu hello@kintsu.xyz This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

Experience The Future Of Liquid Staking: Kintsu Testnet Launches Exclusively On May 13th

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