Argent aims at 95% better carbon emission efficiency Its layer two wallet will eliminate seed phrases for its non-custodial wallet Argent, an Ethereum wallet that broke into the scene in 2018, is launching a layer two version. It aims to reduce the cost (in gas transaction fees) incurred when completing transactions on the mainnet and improve environmental sustainability. According to Argent’s CEO Itamar Lesuisse, Argent will provide fees as low as $1 and also cut carbon emissions by up to 95% in order to remedy the current state, which he described as “expensive, slow and less secure.” Having chosen zkSync as the preferred layer two on which it built its wallet, Argent said in a statement sent out today that more than 500,000 users have joined the waitlist to use the wal...
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True Tickets, the blockchain-based digital ticketing platform, made its Broadway debut last fall in collaboration with the Roundabout Theatre Company in New York City. After a “successful” run thus far delivering digital tickets to the Trouble in Mind play and Caroline, or Change musical, Matthew Zarracina, co-founder and CEO of True Tickets, talks blockchain and ticketing with Cointelegraph. When a prospective theatre-goer completes a ticket purchase on the Roundabout website and chooses a digital delivery, as opposed to picking up a ticket at will call or printing it at home, that’s True Tickets cue to come in. Built on the Hyperledger Fabric platform that runs on the IBM Blockchain and deploys to Google Cloud, True Tickets provides the infrastructure that generate...
Even though female investors are increasingly interested in cryptocurrency and blockchain technology, there is still a significant knowledge gap when it comes to these topics, a new study reveals. BlockFi noted that a third-party survey panel conducted the study on Jan. 28, 2022, and included 1,031 female-identifying Americans between the ages of 18 and 65. According to a recent study by BlockFi focused on the shifting attitudes toward cryptocurrency, 92% of the women surveyed have heard about crypto, with almost one in four (24%) already owning some. In contrast, 80% still find it difficult to understand and 72% believe investing is too risky. Per the study, over one-third of women intend to purchase cryptocurrency in 2022, with 60% of respondents saying they would buy crypto in the next ...
The government wants to boost the growth of its metaverse ecosystem, with ambitions that it could host businesses in the future Last month, South Korea launched a five-year strategic plan to become the global metaverse leader The government of South Korea is taking significant strides towards evolving into a metaverse future. Yesterday, the nation’s Ministry of ICT, Science, and Future Planning guaranteed a KRW 223.7 billion ($186 million) investment into advancing the country’s metaverse ecosystem. According to an official statement sent out by the ministry, the endgame for this investment is to achieve an all-inclusive metaverse ecosystem, dubbed the ‘Expanded Virtual World.’ It would enable the virtual expansion of cities, education initiatives, and the media. The ministry will channel ...
The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced. In the last couple of years, the DeFi and NFT industries have experienced immense levels of growth and, currently, metaverses and Web3 are the technologies making the digital space light up. It is not yet clear where these disruptive technologies will lead us, but we are sure that there will be much value up for grabs. At the convergence of Web3 and NFTs lie many platforms looking to leverage technology and infrastructure to make the NFT ecosystem more decentralized, structured and community-driven. Using both social building and governance, the decentralized a...