Chainlink (LINK)'s Cross-Chain Interoperability Protocol (CCIP) leverages three critical architectural decisions to ensure advanced security and reliability in the blockchain ecosystem, according to the Chainlink Blog.

The first key decision involves a high level of decentralization. By distributing operations across a wide network of nodes, CCIP minimizes the risk of single points of failure. This approach enhances the protocol's resilience against potential attacks and operational disruptions.

Another significant feature is the inclusion of an independent risk management layer. This layer operates autonomously to continuously monitor and mitigate risks. It ensures that any anomalies or threats are detected and addressed promptly, thus maintaining the integrity and security of cross-chain transactions.

Lastly, client diversity plays a crucial role in CCIP's security architecture. By supporting multiple client implementations, the protocol prevents systemic vulnerabilities that could arise from a single codebase. This diversity ensures that even if one client is compromised, the overall system remains secure and functional.

These architectural decisions collectively contribute to a robust and secure cross-chain ecosystem, making CCIP a pivotal component in the blockchain infrastructure.

For more detailed information, visit the Chainlink Blog.

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Chainlink (LINK)'s CCIP Implements Key Security Features Through Decentralization and Risk Management - Blockchain.News

DeFi protocols have been setting the crypto space ablaze, with their total value locked skyrocketing past $100 billion. This explosive growth has been propelled by the allure of financial innovation, the tantalizing prospect of massive gains, and the ever-deepening integration with major blockchain ecosystems like Cosmos. As adoption and investment into these emerging DeFi protocols goes stratospheric, trailblazers like Elys Network are spearheading the charge.

Elys Network is unquestionably one of the most thrilling and ambitious projects tackling the insatiable demand for DeFi. They're unleashing an innovative layer-1 blockchain platform jam-packed with features like a non-custodial AMM-style DEX, perpetual trading capabilities, and game-changing liquidity and staking solutions. These cutting-edge offerings empower both crypto veterans and DeFi devs to tap into a comprehensive suite of financial artillery.

We sat down with Mitchell MishiNura, the founder of Elys Network to dissect how their platform benefits crypto users and DeFi developers, as well as the groundbreaking changes they're igniting across the decentralized finance landscape.

Elys Network is a high-performance decentralized exchange (DEX) platform designed to cater to both new and experienced crypto users. It simplifies the crypto trading experience with intuitive user interface (UI) and user experience (UX), providing a seamless trading environment comparable to centralized exchanges (CEX). For beginners, Elys Network offers easy onboarding through account abstraction and on-off ramping capabilities, allowing quick access to trading and earning. Experienced traders benefit from advanced tools and strategies within a feature-rich, user-friendly platform.

As a Layer-1 blockchain, Elys Network connects seamlessly with various ecosystems like Bitcoin, Ethereum and Ethereum L2s as well as Solana. Its integration with Cosmos SDK chains ensures cross-chain interoperability, providing access to a broad spectrum of trading opportunities. Elys Network's mission is to deliver an efficient and comprehensive trading experience for all crypto users, emphasizing user experience, advanced trading features, and extensive cross-chain functionality.

Elys Network addresses the fragmented DeFi landscape by offering a unified platform where users can access features like AMMs, perpetual exchanges, leverage LP, all in one place. It caters to both beginners and experts, streamlining the decentralized finance experience.

Elys has developed a Layer 1 blockchain optimized for trading, supporting all platform products and ensuring efficient user experience. The network's revenue model shares earnings among stakers and liquidity providers, enhancing each feature's utility and maximizing overall community returns.

By interconnecting its diverse features, Elys Network generates higher yields for users, distributing revenue in stablecoins to mitigate volatility. While holding the Elys token is optional, it maximizes yield opportunities. Elys Network aims to provide a comprehensive, user-friendly DeFi platform, offering seamless integration of various tools and unique value in the DeFi space.

Elys Network's open-sourced and decentralized architecture is designed to promote transparency, collaboration, and community-driven development. At the core of this approach is the use of a proof-of-stake chain built with the cosmos SDK, which fosters decentralization and empowers the community to shape the network's direction.

Every update and decision made by Elys Network will be voted on by stakeholders, ensuring that the community has a direct say in the platform's future. This commitment to decentralization is complemented by a strong emphasis on transparency and regulatory compliance. Elys Network prides itself on being among the most transparent projects implementing necessary measures to adhere to regulations.

The centrality of the community is a defining aspect of Elys Network's identity. The diverse community plays a significant role in shaping the future of the platform and actively guides newcomers in the ecosystem. Many users have joined thanks to the simplicity provided by the platform's wallet abstraction, and they are eager to delve deeper into the ecosystem created by Elys Network.

Elys Network actively collaborates with notable projects like Babylon, Lorenzo and Stride, continuously expanding its partnerships across various ecosystems to enhance its offerings and integrate more seamlessly with the broader DeFi landscape. This strategy ensures that Elys Network remains at the forefront of innovation, providing users with a robust, interconnected platform that maximizes their DeFi experience while maintaining transparency, decentralization, and community-driven development.

Elys Network's non-custodial Automated Market Maker (AMM) decentralized exchange (DEX) offers advanced features tailored for both crypto users and DeFi developers. Beyond a basic AMM, the DEX includes sophisticated tools to enhance trading efficiency and address common issues like impermanent loss (IL).

A standout feature is the Dynamic Weight Oracle Pools, which adapt weights based on buy and sell demand, minimizing IL compared to traditional fixed-weight pools. These pools also use vaults and adaptable fees to maintain balanced ratios and incentivize traders, simplifying the arbitrage process.

Another innovation is the Multi-Asset Pools, which support up to 8 assets and work like ETFs, allowing users to create diversified asset baskets with variable exposure. This provides a customizable investment approach, dense liquidity for the DEX, and stable USDC revenue for those seeking diversified exposure.

Elys Network's DEX facilitates trading with sophisticated tools for liquidity management and revenue generation, catering to diverse needs. Advanced features like Dynamic Weight Oracle Pools and Multi-Asset Pools empower users and developers with efficient trading, customizable investments, and revenue opportunities.

Elys Networks integration with the Cosmos ecosystem significantly enhances its decentralized exchange (DEX) capabilities by providing access to a wide range of projects and tools. Key integrations such as Lorenzo and Babylon enable native Bitcoin (BTC) integration and BTC liquid staking, crucial for robust DEX functionality.

Picasso offers Liquid Staking Tokens (LST) for Solana ecosystem tokens, facilitating seamless transfers between Solana and Cosmos through the secure Inter-Blockchain Communication (IBC) protocol. Additionally, Axelars integration supports cross-chain communication and asset transfers within the Ethereum Virtual Machine (EVM) ecosystem, allowing Elys Network to connect with EVM-based networks.

The integration with Noble ensures access to native USDC, enhancing stablecoin liquidity and simplifying cross-chain transactions. Beyond these integrations, the Cosmos ecosystem provides broader benefits such as Stride's liquid staking for tokens across the ecosystem, improving staking options and liquidity management. Particle Network's universal wallet and chain abstraction capabilities further streamline user experience and cross-chain interactions.

By leveraging the Cosmos ecosystem, Elys Network not only taps into Cosmos but also gains pathways to multiple blockchain ecosystems, creating a comprehensive and efficient DeFi platform. This interconnected approach is essential for providing a unified and versatile trading experience on the DEX.

Elys Network prioritizes accessibility, security, and scalability to drive widespread DeFi adoption. Leveraging the Cosmos ecosystem's proof-of-stake (PoS) model ensures robust security and flexibility through the customizable Cosmos SDK. This enables Elys to optimize its blockchain specifically for trading, addressing performance and scalability challenges.

A key feature is Interchain Security (ICS) V2, which secures Elys Network by utilizing part of the Cosmos Hub's validators and the market cap of ATOM, reducing incentive costs while maintaining high security. This innovative approach offers economic sustainability and lower security costs for projects.

Elys Network enhances accessibility by integrating account and chain abstraction, combined with a user interface similar to centralized exchanges (CEXs). This design simplifies user interaction, making the platform intuitive for all users and allowing seamless asset management and trading across different blockchains like Bitcoin / Solana / EVM chains without needing to understand their complexities.

These strategies underscore Elys Network's commitment to creating a user-friendly, secure, and scalable DeFi platform, bridging traditional and decentralized finance by harnessing the strengths of the Cosmos ecosystem while optimizing for trading needs.

Staking is central to Elys Network's Layer 1 blockchain, offering various innovative staking solutions to enhance user engagement and reward mechanisms. The platform provides multiple staking options to cater to different user preferences and incentivize participation across activities.

A notable feature is USDC staking, where users stake their USDC, making it available to leverage liquidity providers (LPs). USDC stakers earn yield from fees charged to LPs, thus contributing to the platform's liquidity and earning rewards.

Elys Network also includes an ELYS staking mechanism, where stakers receive a portion of the platform's daily revenue in stablecoins and additional incentives in EDEN, a reward token convertible to ELYS. This encourages ELYS holders to actively engage with and support the ecosystem.

The revenue distribution model is designed to reward various activities: liquidity providers earn a share of DEX revenue in USDC, USDC stakers gain interest from lending fees, and both ELYS and EDEN stakers receive a portion of DEX revenue in USDC.

By offering diverse and attractive staking options along with a robust revenue distribution model, Elys Network aims to build an engaging and rewarding ecosystem. This supports the platform's health, growth, and fosters a thriving decentralized finance (DeFi) environment.

Elys Network's ultimate goal is to bridge the gap between traditional finance and DeFi, fostering financial sovereignty for all. The platform's features empower users with complete freedom to make their own choices, without the restrictions of traditional finance, as long as the blockchain is running.

Respecting privacy, Elys Network does not require KYC from users, although some products may be geo-blocked to comply with regulations. The aim is to provide simple and complex solutions for all types of users, with easy on-boarding.

Compared to the typical 2% return offered by banks, Elys Network enables users to put their USDC to work for a much higher potential return, with the freedom to withdraw and deposit as desired, in just two clicks. These returns are based on the usage of the platform's features and increase with more users, distributed automatically on-chain, allowing users to collect earnings daily.

Elys Network believes this represents the evolution of decentralized finance: simple, effective, and universally accessible products that foster financial sovereignty for all.

Community-driven development plays a crucial role in ensuring a self-sustaining ecosystem for Elys Network.

We have already incorporated a significant amount of feedback from our users into recent updates. Every day, we gather feedback, evaluate it, and integrate valuable suggestions into our features. Listening to the community is key to delivering a product that meets user needs. This quality-driven approach is often overlooked in the web3 ecosystem, where user-friendly interfaces can sometimes be lacking. By prioritizing community input, we ensure that our platform is not only functional but also accessible and intuitive for everyone.

Regarding the potential groundbreaking changes Elys Network could bring to the decentralized finance ecosystem, one of our primary goals is ensuring accessibility for everyone, everywhere, to our DEX. We aim to defragment Web3, making it effortless and fast to trade tokens from various ecosystems, including Solana, Bitcoin, and any EVM chains. Elys Network is your gateway to a truly seamless and integrated DeFi world.

Our mission is to provide a unified platform that simplifies and streamlines the DeFi experience, regardless of the underlying blockchain technology. By bridging different ecosystems and offering a user-friendly interface, we aim to revolutionize the way users interact with decentralized finance.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Pioneering the Future of Decentralized Finance: a Conversation with Mitchell MishiNura, the Founder of Elys Network - CryptoDaily

[PRESS RELEASE Singapore, Singapore, June 20th, 2024]

SphereX, a pioneering decentralized exchange (DEX), is thrilled to announce the launch of its testnet. This significant step forward invites crypto enthusiasts and traders to experience the innovative features of SphereX in a secure, simulated environment. The testnet launch marks a pivotal phase in SphereXs development, setting the stage for a new era in decentralized finance (DeFi).

Revolutionizing Trading with Advanced DEX Features

In the face of the evolving landscape of centralized exchanges (CEXs), SphereX introduces a robust solution that draws closer to the usability and functionality of traditional platforms while enhancing security and decentralization. With the introduction of independent Zk rollup technology, on-chain KYC, and a DAO-focused economic model, SphereXs testnet is designed to address the rigorous demands of todays DEX users.

Key Features and Benefits

SphereX introduces a suite of groundbreaking features designed to address the current limitations of traditional DEXs while optimizing the trading experience:

Making Significant Leap in Trading Simplicity

Recognizing the critical need for competitive pricing and execution in the DEX derivatives market, SphereXs testnet introduces a suite of features that elevates trading efficiency to rival that of CEXs:

We are excited to unveil the SphereX testnet and demonstrate the unique capabilities of our platform to the global crypto community, saidKai, CEO of SphereX. The launch of the SphereX testnet is a pivotal milestone in our journey to set new standards in the world of decentralized exchanges. Our platform combines speed, security, and user-centric design, making it ideal for todays dynamic trading landscape. We invite traders globally to participate in this transformative journey and help shape the future of DeFi.

SphereX is dedicated to enhancing loyalty and engagement by giving back to its community, reinforcing its commitment to a user-first philosophy. The platform is designed to recognize and reward active participation, aiming to build a strong, supportive community around its innovative features. SphereX also integrates feedback mechanisms directly into its ecosystem, allowing users to influence development priorities and operational enhancements. This approach not only empowers users but also fosters a sense of ownership and belonging, essential for nurturing loyalty and encouraging long-term engagement within the DEX landscape.

As SphereX continues to innovate and expand its offerings, the platform is poised to attract significant user engagement, mirroring the successful adoption trends seen in other leading DEXs. SphereXs strategic development and the robust performance of its testnet promise a future where decentralized trading platforms can truly compete with centralized counterparts in both functionality and user experience.

SphereX is a decentralized crypto exchange designed to provide users with a more secure, efficient, and user-friendly platform for trading digital assets. SphereX boasts a unique combination of capabilities that include off-chain matching for lightning-fast trade execution, on-chain settlement for enhanced security, and cross-margin trading to optimize capital utilization. To learn more about SphereX, users can visit the SphereX website, and for updates, news, and promotions follow SphereX on X and Telegram.

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!

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SphereX Announces Testnet Launch to Revolutionize Decentralized Trading - CryptoPotato

The founder of Ethereum, Vitalik Buterin explains several decentralized applications (DApp) that demonstrate principles of privacy and decentralization in the cryptocurrency market, indicating a continued focus on improvement and the core principles of Ethereum even as meme coins gain more attention.

Buterin described Farcaster as a social network that relies on the Optimism protocol. Farcaster still enjoys relatively low usage, but the platform still offers relatively high decentralization for users. Buterin spoke about the Lens Protocol, a decentralized application where users own their content, which speaks volumes about Ethereums vision of bringing decentralized interaction online.

Buterin highlighted the importance of quadratic funding for the Gitcoin Grants as a fairly fresh concept of community funding for projects. This means they can fund different projects depending on what the community wants, thus, funding moves in the direction of accomplishing collective will.

He also mentioned that post-launch funding encourages schemes that have already proved useful and effective in practice, thus helping developers engage in more meaningful, effective project development.

Privacy improvements are also important according to Buterin in future Ethereum development. Buterin mentioned using zero-knowledge proofs (ZKPs) and zero-knowledge voting as critical innovations that allow verification of transactions and votes that occur in a black-box fashion while preserving privacy in the blockchain ecosystem.

While meme coins have surged in popularity, often overshadowing more substantial, utility-driven projects, Buterin acknowledges this trend but contrasts it with the significant developments in decentralized finance (DeFi) and decentralized social networks.

Also read: Vitalik Buterin Backs TiTok AI: A Leap in Blockchain Image Storage

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Vitalik Buterin Highlights Ethereum DApp Innovations - Crypto Times

The traditional financial model is falling, and decentralized lending is entering a new level. This new method of lending and borrowing involves using blockchain to provide a system that eliminates the need for financial middlemen. In this journey to decentralized lending, we will meet the leading characters who will transform the financial sphere.

Lending platforms are among the important building blocks of DeFi, or the Decentralized Finance movement. These platforms allow users to lend and borrow directly from each other using the smart contracts of blockchain technology, specifically Ethereum.

A number of platforms have emerged to address this need within the decentralized lending industry. Out of all competing platforms, MakerDAO, Compound, and Aave stand out as innovative Startups with numerous clients. MakerDAO is appropriate for lending because it has a stablecoin, DAI.

Compound provides lending liquidity pools with interest and more tokens to the lenders. If you were thinking about marginal additions to the concept of decentralized finance, Aave, with flash loans, introduced uncollateralized borrowing into the world of DeFi.

Phase tokens are considered when it comes to decentralized lending platforms as being of equal importance as the lending platforms themselves. Users get to exercise their rights to make decisions regarding the working and operational activities of the specific protocol. The fundamental implication of this is that the users are more engaged in the company and the success of the site, and therefore, a community-oriented business model is needed.

Still, decentralized lending is no exception despite the numerous possibilities that come with decentralization. Participants may be exposed to risks of smart contract exploits and variable interest rates for borrowing. In addition, there is also concern over governability since governments worldwide have yet to determine how to control these new financial systems.

The future of decentralized lending is again bright, with innovations and even usage coming every year. There will be added innovations and complexities of lending products and services as technology advances to meet the growing financial needs of the masses. Interlinking decentralized lending with the conventional financial system could revolutionize the way we approach lending and borrowing in the present-day context.

Credit is one of the primary front-line industries propelling DeFi, providing better solutions to ordinary people with no hiccups on the matter of transparency. The leading platforms simultaneously create new opportunities for investors. Looking at these leaders and other stakeholders, it will indeed be fascinating to watch how they will deal with the opportunities and challenges that are likely to be faced in the development of this new sector.

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Who is Leading the Charge in Decentralized Lending - Analytics Insight

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news editorial.

Artificial intelligence (AI) is rapidly advancing, yet its development and deployment are largely controlled by a few powerful entities. This concentration of power raises significant concerns about privacy, security, and fairness. As AI continues to transform industries and societies, it is crucial to explore solutions that can democratize its benefits and mitigate its risks. Blockchain technology offers a promising path forward by enabling decentralized, transparent, and secure AI systems.

Large corporations with access to vast amounts of data and computational power dominate the current AI landscape. This centralization presents several problems. Privacy concerns arise as users personal data is often collected and used without explicit consent, leading to potential misuse and breaches. Monopolization of power by a few entities stifles innovation and limits diverse contributions. Additionally, centralized AI systems are vulnerable to being manipulated for harmful purposes, such as spreading misinformation or conducting surveillance.

The reality of AI development today is that it is not solely the result of autonomous machine learning but rather a blend of reinforcement learning and human intelligence. A striking example of this was when details of Amazons Just Walk Out technology came to light. Instead of technology alone tallying customers purchases, about 1,000 real people manually checked the sales. This collaboration between human intelligence and AI systems is often overlooked, but it underscores the significant human element in AI processes.

Blockchain technology, with its decentralized and transparent nature, can address these challenges effectively. It enhances security and privacy by enabling secure data sharing and storage through cryptographic techniques, ensuring that users maintain control over their information. By distributing power across a network, blockchain reduces the risk of monopolization and fosters a more collaborative AI development environment. It can also track the provenance of data, ensuring its integrity and legitimacy, which is crucial for training reliable AI models.

Decentralization in AI can mitigate several risks associated with the current centralized model. The Center for Safe AI identifies four broad categories of AI risk: malicious use, AI race, organizational risks, and rogue AI. Malicious use includes intentionally harnessing powerful AIs to cause widespread harm, such as engineering new pandemics or using AI for propaganda, censorship, and surveillance. The AI race risk involves corporations or nation-states competing to quickly build more powerful systems, taking unacceptable risks in the process. Organizational risks encompass serious industrial accidents and the potential for powerful programs to be stolen or copied by malicious actors. Finally, there is the risk of rogue AI, where systems might optimize flawed objectives, drift from their original goals, become power-seeking, resist shutdown, or engage in deception.

Regulation and good governance can contain many of these risks. Malicious use can be addressed by restricting queries and access to various features, and the court system can hold developers accountable. Risks of rogue AI and organizational issues can be mitigated by common sense and fostering a safety-conscious approach to using AI. However, these approaches do not address some of the second-order effects of AI, such as centralization and the perverse incentives remaining from legacy web2 companies.

For too long, we have traded our private information for access to tools. While opting out is possible, it is often inconvenient for most users. AI, like any other algorithm, produces results directly tied to the data it is trained on. Massive resources are already devoted to cleaning and preparing data for AI. For example, OpenAIs ChatGPT is trained on hundreds of billions of lines of text from various sources but also relies on human input and smaller, more customized databases to fine-tune its output.

Creating a blockchain layer in a decentralized AI network could mitigate these problems. We can build AI systems that track the provenance of data, maintain confidentiality, and allow individuals and enterprises to charge for access to their specialized data using decentralized identities, validation staking, consensus, and roll-up technologies like optimistic and zero-knowledge proofs. This could shift the balance away from large, opaque, centralized institutions and provide individuals and enterprises with an entirely new economic system.

On the technological front, ensuring the integrity, ownership, and legitimacy of data (model auditing) is crucial. Blockchain can provide an immutable audit trail for data, ensuring its authenticity and enabling fair compensation for data providers. Techniques such as zero-knowledge proofs and decentralized identities allow users to contribute data without compromising their confidentiality. Decentralized AI networks enable diverse stakeholders to participate in AI development, from data providers to infrastructure operators, creating a more equitable ecosystem.

In addition to enhancing data integrity, decentralized AI systems offer improved security. Cryptographic techniques and security protection certification systems ensure that users can secure their data on their devices and control access to their data, including the ability to revoke access. This is a significant advancement from the existing system, where valuable information is merely collected and sold to centralized AI companies. Instead, it enables broad participation in AI development.

Individuals can engage in various roles, such as creating AI agents, supplying specialized data, or offering intermediary services like data labeling. Others might contribute by managing infrastructure, operating nodes, or providing validation services. This inclusive approach allows for a more diversified and collaborative AI ecosystem.

Decentralized AI also addresses the issue of job displacement caused by AI advancements. As AI systems become more capable, they are likely to impact the labor market significantly. By incorporating blockchain technology, we can create a system that benefits everyone, from data providers to developers. This inclusive model can help distribute the economic benefits of AI more equitably, preventing the concentration of wealth and power in the hands of a few large corporations.

Furthermore, the integration of blockchain and AI can foster innovation by promoting open-source development and collaboration. Decentralized platforms can serve as a foundation for developing new AI applications and services, encouraging a diverse range of contributors to participate in the AI ecosystem. This collaborative environment can lead to the creation of more robust and innovative AI solutions, benefiting society as a whole.

In conclusion, the fusion of blockchain and AI represents a significant advancement in how we approach technology development. It shifts the balance of power away from centralized entities and towards a more distributed and collaborative model. This transition is essential for ensuring that AI serves the broader interests of humanity rather than the narrow goals of a few powerful organizations. The future of AI lies in its decentralization, and blockchain is the key to unlocking this potential. By leveraging the inherent security, transparency, and trustlessness of blockchain technology, we can build a more equitable, secure, and innovative AI ecosystem that benefits everyone.

Jiahao Sun

Jiahao Sun, the founder and CEO of FLock.io, is an Oxford alumnus and an expert in AI and blockchain. With previous roles as the director of AI for the Royal Bank of Canada and an AI Research Fellow at Imperial College London, he founded FLock.io to focus on privacy-centered AI solutions. Through his leadership, FLock.io is pioneering advancements in secure, collaborative AI model training and deployment, showcasing his dedication to using technology for societal advancement.

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Decentralized AI: leveraging blockchain for a more equitable future | Opinion - crypto.news

SolStream, an innovative decentralized super app operating on the Solana blockchain, has achieved a significant milestone with the successful launch of its Beta version across multiple major cryptocurrency exchanges. This development underscores the projects ambition to establish itself as the foremost Web3 streaming discovery protocol.

SolStream transcends conventional streaming platforms by offering a comprehensive super app tailored explicitly for the Web3 environment. This unique approach empowers both creators and viewers to harness the potential of blockchain technology, promising a more rewarding and transparent streaming experience.

Utilizing the Solana blockchain infrastructure, SolStream ensures rapid transaction speeds and minimal fees, enhancing user experience while mitigating excessive gas costs. The platform caters specifically to Web3 creators, spanning various domains such as gaming, video production, and key opinion leaders (KOLs), providing them with essential tools and resources for success in the decentralized realm.

SolStream embraces the popular play-to-earn model, enabling users to engage with content while potentially earning rewards through its native token, STREAM. This incentivized approach fosters active participation and cultivates a vibrant community within the platform.

SolStream envisions itself as a central hub for Web3 streaming, prioritizing openness and interoperability over a closed ecosystem. The platform facilitates seamless integration with other Web3 applications and services, fostering a connected ecosystem conducive to innovation and growth.

SolStream has forged strategic partnerships with key players in the Web3 space to enhance its offerings:

Filecoin: Ensures secure and decentralized storage of streamed content. Livepeer: Provides cutting-edge streaming infrastructure for high-quality, low-latency video experiences.

SolStreams commitment to innovation is underscored by its impressive track record, including victories in hackathons sponsored by industry leaders such as Filecoin, Aave, and Polygon. These accolades validate SolStreams potential and underscore its promise for the future of Web3 streaming.

Looking ahead, SolStream has ambitious plans to further its impact and reach within the Web3 ecosystem:

DApp and Whitepaper: Interested users can explore the SolStream DApp and delve into the projects comprehensive whitepaper for detailed insights. Community Building: SolStream actively engages with users on platforms like Telegram to foster discussions, gather feedback, and cultivate a loyal community. SDK Development: SolStream aims to develop a robust software development kit (SDK) to empower developers in integrating SolStream functionalities into their own Web3 applications, fostering innovation and expanding SolStreams influence.

SolStream emerges as a beacon of hope in the realm of Web3 streaming, offering a solution founded on decentralization, transparency, and community empowerment. With its innovative approach, strategic partnerships, and unwavering focus on user-centric development, SolStream is poised to redefine the landscape of content creation and consumption in the Web3 era.

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Solana Blockchain Based SolStream: Pioneering Web3 Streaming with Decentralized Super App - CoinTrust

By Enouch Dormue, Journalists Network On Disability Reporting |

In the aftermath of the recent appointment of Mr. Samuel S. Dean, Sr as the new Executive Director of the National Commission on Disabilities by Joseph Nyuma Boakai, the People with Disabilities (PwDs) community in Bong County wants the commission to critically consider the decentralization of its activities as a major priority under the new dispensation. The PwD community believes that decentralization would ensure better representation and support for people with disabilities across various regions of the country.

The National Commission on Disability (NCD, established to address issues related to disability rights and welfare, currently operates from the capital city, Monrovia. However, individuals with disabilities residing in remote areas often face significant challenges in accessing the services and resources provided by the commission.

According to the PwD community in Bong, the centralized structure of the NCD contributes to disparities in assistance and advocacy efforts. Many individuals with disabilities living outside Monrovia struggle to have their voices heard and their needs addressed effectively.

We need the government to understand that disability rights are not just an urban issue; they affect every corner of our nation. Decentralizing the National Commission on Disability would ensure that our concerns are not overlooked and that support reaches those who need it most, remarked Mr. Lawrence Tokpa, a visually impaired resident of Gbarnga.

Mr. Tokpa further thinks the decentralization of the NCD activities would involve establishing regional offices or branches in various parts of Liberia where these offices would serve as hubs for providing assistance, advocacy, and information tailored to the specific needs of the local PwD communities.

The PwD community in Bong further emphasized decentralization would promote inclusivity and empower individuals with disabilities particularly outside Monrovia to actively participate in decision-making processes at the grassroots level and could facilitate more efficient resource allocation and service delivery, addressing the unique challenges faced by different PwD communities in each county of Liberia.

Despite the call for the National Commission on Disabilities to decentralize its impact and reach, the institution itself has been grabbing with some challenges including limited budgetary allocation by the national government and staffing capacity to carry out its mandate effectively, logistical constraints to enhance monitoring and supervision, lack of accurate data on actual number PwDs nationwide to inform proper planning and limited outreach that has prevented the NCD to reach all segments of the disabled population, including those in rural and remote areas.

As part of the commissions mandate consistent with the Act establishing the National Commission on Disabilities (NCD) by the 51st National Legislature of the Republic of Liberia in November 2005, NCD was established to have jurisdiction over matters involving and appertaining to the welfare and wellbeing of PWDs including but not limited to carrying out empowerment through Capacity Building, Small Business, Livelihood Skills, Medical, Educational Support through School aids, result driven Programs and Projects, Advocacy, Monitoring and Supervising the effective delivery of social services within the territorial confines of Liberia.

The NCD currently works with Seventy-Eight (78) Organizations of Persons with Disabilities (OPWDs) and subsidize them through Budgetary Support. As discussions on the future of the National Commission on Disability continue, the voices of people with disabilities and their allies grow louder, demanding meaningful reforms that prioritize accessibility, representation, and empowerment for all.

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PwD Community in Bong Calls for Decentralization of National Commission on Disabilities - Global News Network ... - Global News Network

An evaluation report released today by Doctors Without Borders (MSF) charts progress towards decentralizing services for patients with drug-resistant tuberculosis (DR-TB) in South Africa's KwaZulu-Natal's King Cetshwayo District (KCD), in line with the country's 2011 DR-TB decentralization policy.

The report finds that the KwaZulu-Natal Department of Health (KZNDoH) has established some level of DR-TB services in six district hospitals, three district clinics, and one district community health centre but that progress towards the full implementation of the DR-TB decentralization policy is slow.

For example, the report highlights an absence of services for children with DR-TB and patients with extensively drug-resistant TB (XDR-TB) and pre-XDR TB. MSF, which supported the decentralization of DR-TB services in KCD from 2015 2023, calls for the decentralization of these services as a priority.

"The Department of Health has made enormous strides in implementing the decentralization policy, yet the most vulnerable DR-TB patients in the district are still having to travel several hours to the province's central TB hospital in Durban to get treatment and care, at a cost that is often catastrophic,"said Dr. Liesbet Ohler, the long-standing medical coordinator of MSF's HIV/TB project in KCD, which closed in 2023.

According to the report, issues preventing or slowing the decentralization of DR-TB services in KCD include

MSF provided considerable support, including structures, equipment, and staff, for implementing the decentralisation policy in KCD.

"In order to fully decentralize DR-TB services in the District, this support will need to be replaced, perhaps with strategic partnerships with non-governmental actors,"said Ohler. He added that MSF's intention in producing the evaluation report"is not to criticize or apportion blame, but to highlight where the work of decentralization is incomplete so that it can be taken up with renewed energy."

South Africa's DR-TB decentralization policy was largely based on a successful decentralization model of care piloted by MSF and the Western Cape Department of Health in Khayelitsha between 2007 and 2011. Although the MSF project in KCD has closed, MSF is currently applying many of the lessons it learned in the district in terms of making treatment and care easier for patients to access in a newly opened non-communicable diseases project in the Eastern Cape.

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South Africa: MSF Calls for Decentralisation of Life-Saving DR-TB Services in Rural Setting - AllAfrica - Top Africa News

March 22, 2024 by Diana Ambolis

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Solana, introduced in 2020, has swiftly risen as a high-performance blockchain platform, revolutionizing the industry with its innovative features. At the core of Solanas architecture is the groundbreaking Proof of History (PoH) mechanism, a decentralized clock that timestamps transactions before they enter the blockchain. This unique approach to transaction ordering significantly reduces confirmation times, enabling

Solana, introduced in 2020, has swiftly risen as a high-performance blockchain platform, revolutionizing the industry with its innovative features. At the core of Solanas architecture is the groundbreaking Proof of History (PoH) mechanism, a decentralized clock that timestamps transactions before they enter the blockchain. This unique approach to transaction ordering significantly reduces confirmation times, enabling Solana to achieve thousands of transactions per second with sub-second finality.

The synergy of PoH with Solanas Proof of Stake (PoS) consensus mechanism contributes to the platforms efficiency while maintaining decentralization. The native utility token, SOL, fuels the Solana ecosystem, serving various functions, including staking, governance participation, and facilitating transactions.

Solanas emphasis on scalability and low transaction costs has attracted a vibrant ecosystem of decentralized applications (DApps) and projects. Notably, decentralized finance (DeFi) projects like Serum and Raydium leverage Solanas high throughput to offer efficient decentralized exchanges and automated market makers. The platforms developer-friendly environment supports smart contracts using the Rust programming language, enabling the creation of complex and scalable applications.

PoHs role in Solana is pivotal, as it provides a tamper-resistant historical record of transactions, offering benefits such as low-latency confirmation, enhanced scalability, and efficient consensus mechanisms. The platform actively explores interoperability, with initiatives like the Wormhole bridge connecting Solana with other blockchains.

Despite facing challenges, including network interruptions and concerns about centralization, Solanas commitment to ongoing development and upgrades, supported by the Solana Foundation, showcases its resilience and determination to address emerging issues. As Solana continues to evolve, its impact on decentralized and high-performance blockchain solutions remains significant, making it a key player in the dynamic landscape of blockchain technology.

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The importance of Solana in the blockchain ecosystem is underscored by its notable contributions to addressing key challenges faced by earlier blockchain networks, offering a range of features that make it a significant player in the industry.

Understanding Validators in Solana:

Validators play a crucial role in the Solana blockchain network, contributing to the security, consensus, and overall functionality of the decentralized system. Heres a breakdown of the key aspects of validators in Solana:

In conclusion, Solanas validators are integral components that underpin the security, consensus, and functionality of the blockchain network. Operating within the Proof of Stake (PoS) consensus mechanism, validators play a vital role in proposing and validating blocks, maintaining the decentralized nature of the network. The importance of decentralization is paramount in Solana, with a diverse set of validators contributing to the resilience and trustworthiness of the overall system.

Validators, driven by the incentive structure and the staking of SOL tokens, are incentivized to act honestly, ensuring the integrity of transactions and adherence to protocol rules. The dynamic nature of Solanas validator set allows for adaptability, as new validators can join, and existing ones can leave, fostering an environment that encourages innovation and participation.

Community engagement is a key aspect of Solanas validator ecosystem, promoting transparency, collaboration, and inclusivity. Validators often interact with the community, providing insights into their operations and seeking input, contributing to a more decentralized and community-driven governance model.

The diversity of validators, including those operated by different entities and community members, enhances the networks robustness. This diversity, combined with ongoing network upgrades facilitated by validator participation in governance decisions, ensures that Solana remains adaptive to evolving requirements and challenges.

Overall, its validators are not only technical participants but also active contributors to the governance and growth of the network. As it continues to evolve and play a significant role in the blockchain space, the collaborative efforts of validators and the community underscore the importance of their role in maintaining the integrity and innovation of the ecosystem.

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Understanding Solana Validators And Top 10 Important Things To Know About Them - Blockchain Magazine