Oracles are crucial to extending the use cases of blockchain technology beyond on-chain operations. By bridging the gap between blockchain networks and the real world, they allow smart contracts to communicate with outside data sources. The need for safe, dependable, and decentralized Oracle solutions will only increase as blockchain technology develops.<\/p>\n","post_title":"Smart Contracts Meet Reality: The Crucial Role of Oracles in Blockchain Networks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"smart-contracts-meet-reality-the-crucial-role-of-oracles-in-blockchain-networks","to_ping":"","pinged":"","post_modified":"2024-09-02 15:25:24","post_modified_gmt":"2024-09-02 05:25:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18437","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18422,"post_author":"2","post_date":"2024-08-29 03:16:09","post_date_gmt":"2024-08-28 17:16:09","post_content":"\n
New York, New York, August 28th, 2024, Chainwire<\/strong><\/span><\/p> DTX Exchange (DTX)<\/a> has taken center stage in the crypto market after announcing the much-awaited testnet launch. The decentralized trading platform has also surpassed $1.8 million raised in its ongoing presale weeks ahead of expected. This development is expected to accelerate the development of a unified trading ecosystem.\u00a0<\/p> DTX Exchange (DTX) was envisioned as a cutting-edge platform that brought together conventional and decentralized assets under a single umbrella. The DeFi exchange provides retail traders with maximum capital access along with a suite of trading products. Access and security are paramount in the development of the platform to ensure that traders can interact with over 100,000 financial instruments in a single application.\u00a0<\/p> The background infrastructure of DTX Exchange (DTX) is backed by a proprietary Layer-1 blockchain that ensures seamless governance. Additionally, the platform has also introduced the VulcanX protocol to minimize trading fee and offer a multi-channel trading avenue for traders around the globe.\u00a0<\/p> The DTX Exchange's value proposition has been validated by its current market performance. The platform raised over $1.8 million within its initial weeks of launch, and the funding is expected to accelerate the deployment of DTX products, including the layer-1 blockchain, integrated wallet application, and enterprise APIs, which are central to the development of a decentralized ecosystem.\u00a0<\/p> According to the team, with the crypto market increasingly shifting towards mainstream adoption, it is essential to have platforms that provide a smooth onboarding experience for users to become a part of web3. DTX Exchange provides the perfect onramp by merging traditional equities, stocks, forex, and crypto trading under a unified umbrella. This transition is represented by the VulcanX protocol going live by the platform.<\/p> The recent upgrade includes a Layer-1 blockchain that has already entered its testnet<\/a> stage. In the final deployment, the blockchain is expected to outperform established leaders and prove to be an innovative challenger to leading altcoins. DTX has also strategically integrated data feeds from other fintech platforms to provide a streamlined solution for investors.\u00a0<\/p> DTX Exchange<\/a> is the first hybrid trading platform with its VulcanX blockchain infrastructure. The platform is redefining the global trading industry with its cross-functional approach towards stocks, crypto assets, equities, and contract trading options. With support from a rapidly growing community, DTX Exchange aims to make a massive impact. For more information about the upcoming features and developments, users can visit the DTX Exchange website or interact with the community on Telegram.\u00a0<\/p> To learn more about the DTX platform:\u00a0<\/p> Website: <\/strong>https:\/\/dtxexchange.com\/<\/strong><\/a>\u00a0<\/strong><\/p> Presale: <\/strong>https:\/\/presale.dtxexchange.com\/<\/strong><\/a>\u00a0<\/strong><\/p> Telegram: <\/strong>The DTX Community<\/strong><\/a>\u00a0<\/strong><\/p> ABU DHABI, UAE, August 27th, 2024, Chainwire<\/strong><\/span><\/p> NEXPACE, a blockchain subsidiary of Nexon Group focused on expanding IP, today unveiled its proprietary NXPC<\/strong> token for the MapleStory Universe<\/a>. NXPC aims to bolster both the in-game experience for users and support the overall MapleStory Universe ecosystem by enabling community contributors to take part in item creation in-game, a role traditionally reserved for game service providers.<\/p> NXPC\u2019s innovative protocol is designed to foster sustainable ecosystem growth by balancing in-game item distribution while encouraging active user participation. With NXPC, contributors can interact with in-game items within MapleStory Universe, promoting a natural flow of community-driven growth. Supported by blockchain technology, items can be seamlessly integrated into the ecosystem, offering incentives for the community to participate and engage actively.<\/p> The supply of IP items that can be redeemed through NXPC is limited per cycle, which is renewed on a regular basis, balancing the flexibility and the health of the in-game economy. The element of scarcity also reinforces the mutual increase in IP item value and NXPC value over time in a sustainable manner, laying the foundation for the long-term growth of the MapleStory Universe.<\/p> To elucidate NXPC mechanics, MapleStory Universe has introduced \u2018Token Comics,\u2019 which serves to demystify blockchain technology while strategically expanding the MapleStory Universe ecosystem. The comics act as a bridge between the gaming culture and blockchain innovation, providing an engaging medium to introduce complex concepts of digital ownership. Through this educational series, MapleStory Universe aims to enhance community engagement and cultivate awareness of its mission to reshape the future of online games with blockchain innovations.<\/p> About NEXPACE<\/strong><\/p> NEXPACE is an IP-expanding project based on blockchain technology that utilises NFTs. The goal of NEXPACE is to bring creators and users together, fostering an innovative games community where members can experience various games and content developed by other members. With its blockchain technology, NEXPACE provides transparent and secure services, encouraging creators to freely express their ideas while users enjoy these fresh inventions. This represents the philosophy and ambition of NEXPACE.<\/p> MapleStory Universe Official Links<\/strong><\/p> Official Website \u2714\ufe0f<\/strong>msu.io<\/a><\/p> Official X \u2714\ufe0f<\/strong>\u00a0x.com\/MaplestoryU<\/a><\/p> Official Medium \u2714\ufe0f<\/strong>medium.com\/@MaplestoryU<\/a><\/p> Official Discord \u2714\ufe0f\u00a0<\/strong>discord.gg\/MaplestoryUniverse<\/a><\/p> Official YouTube \u2714\ufe0f\u00a0<\/strong>https:\/\/www.youtube.com\/@MapleStoryU<\/a><\/p> Official Facebook<\/strong> \u2714\ufe0f\u00a0www.facebook.com\/MapleStoryU.Official\/<\/a><\/p> MEDIA CONTACT<\/strong><\/p> [email protected]<\/a><\/p> Tortola, British Virgin Islands, August 26th, 2024, Chainwire<\/strong><\/span><\/p> Warden<\/a>, the sovereign AI execution network, announced the alpha release of its new artificial intelligence product - the Artificial Intelligence Blockchain Interface (AIBI).\u00a0<\/p> AIBI brings AI on-chain with an intuitive interface for developers to integrate AI into their applications. Inspired by proof-of-computation and computational pipelines, AIBI allows inference endpoints to create cryptographic proofs that verify that an AI model produced a specific prediction. These proofs are then verified on Wardens\u2019 blockchain through a cutting-edge consensus mechanism, ensuring AI outputs are not just delivered, but can be trusted.\u00a0<\/p> Thanks to the work done by Wardens\u2019 AI team, led by Dr. Michele Dallachiesa, AIBI is poised to become the standard for AI accuracy, explainability and privacy across both web3 and web2\u2014and everything in-between. AIBI introduces a future where every AI decision is backed by cryptographic proof, ensuring that AI-generated predictions are not only accurate but also explainable and secure.\u00a0<\/p> AIBI enables a new class of AI applications. To kickstart this new era, Warden is organizing a series of hackathons throughout Q4 2024, designed to inspire and reward developers who create groundbreaking AI-driven experiences using AIBI. Whether it\u2019s dynamic pricing algorithms, sophisticated matching engines, or personalized recommendation systems, the potential applications are limitless.<\/p> About Warden Labs<\/strong><\/p> \u00a0Since its inception in March 2024, Warden<\/a> has experienced exponential growth, now processing over one million transactions per month. Warden's sovereign AI execution engine connects to more than 100 blockchains, enabling any smart contract, protocol, or platform to leverage AI predictions. Warden is set to pioneer a new category of applications at the intersection of AI and web3, while also extending its services to web2 AI use cases.<\/p> For more information, users and builders can visit wardenprotocol.org<\/strong><\/a>, or can follow on X at @<\/strong>wardenprotocol<\/a>.<\/p> Cayman Islands, UK, August 22nd, 2024, Chainwire<\/strong><\/span><\/p> Tanssi Foundation<\/a> announces the expansion of the Tanssi blockchain infrastructure protocol<\/a> to Ethereum, enabling the rapid launch of decentralized networks\u2014also known as Actively Validated Services (AVSs)\u2014in minutes. This expansion, driven by a strategic collaboration with Symbiotic<\/a>, a leading permissionless restaking protocol, will allow developers to deploy highly customizable and decentralized networks, leveraging Ethereum\u2019s robust security.<\/p> While rollups have been key to scaling Ethereum, they may fall short when strong decentralization, customization, or interoperability are needed. Decentralized networks, or AVSs, build on these strengths by providing a more flexible and versatile approach. Developers gain direct access to Ethereum\u2019s shared security through restaking, backed by over $45 billion worth of ETH. However, networks using restaking security are still a new and complex technology, typically requiring months to launch due to significant infrastructure needs, ongoing management, and resource demands.<\/p> Tanssi drastically simplifies this process, reducing launch times from months to minutes and streamlining management, making it easier for builders to deploy and maintain their decentralized networks in a customizable environment. This approach not only eases the development process but also accelerates time to market, allowing projects to reach their users faster.<\/p> By leveraging Symbiotic's restaking protocol, Tanssi enables networks on Ethereum to easily tap into billions of dollars in shared security from staked ETH. This approach enhances decentralization by providing a permissionless network of shared operators for block production, ensuring fast transaction finality and avoiding reliance on a single sequencer.<\/p> This collaboration also introduces new possibilities for developers by integrating Substrate\u2019s flexible SDK for complete customization. With Tanssi's framework, developers can quickly implement AVSs using prebuilt templates and modules, achieving full decentralization without relying on a single sequencer.<\/p> Tanssi-based AVSs are blockchain systems that leverage Ethereum\u2019s shared security, enabling developers to create highly customized protocols. This includes application-specific blockchains, alternative VMs, bridges, data availability layers, and more, providing developers with the tools to address use cases that traditional rollup architectures may not effectively serve.<\/p> Supported by investors like Arrington Capital, SNZ, HashKey, Borderless, and Fenbushi, Tanssi has raised $9M to fuel its growth. With over 2,000 application-specific blockchains already deployed on its testnet, Tanssi is set to establish a new standard in the Ethereum ecosystem, with its mainnet launch expected in early 2025.<\/p> Tanssi<\/a> empowers developers to launch decentralized and customizable blockchains in minutes. With essential tools and resources\u2014including shared security through restaking, developer tools like wallets and block explorers, cross-chain integrations, and integral data availability\u2014developers can swiftly bring their projects to market and focus on creating unique user experiences. Tanssi stands out with its rapid deployment, robust security, and seamless integration capabilities, making it the smart choice for forward-thinking blockchain development. Learn more at tanssi.network<\/a>.<\/p> Decentralization should not be hard nor optional. Symbiotic is a customizable and immutable shared security protocol designed to help developers innovate faster and safer. Learn more at symbiotic.fi<\/a>.<\/p> Singapore, Singapore, August 21st, 2024, Chainwire<\/strong><\/span><\/p> At the Web3 Summit in Berlin today, SubQuery<\/a> made a major announcement, unveiling its newest innovation: decentralized AI inference hosting. In a live demonstration, SubQuery\u2019s COO, James Bayly, showcased how the latest LLama model operates across a fully decentralized network of Node Operators on SubQuery\u2019s internal test network.<\/p> SubQuery\u2019s vision is to empower developers to shape the future through decentralization. The company is at the forefront of a movement to build the next wave of Web3 applications for millions of users, with decentralization as the core principle.<\/p> The SubQuery Network is an advanced infrastructure layer that underpins this vision. It currently supports decentralized data indexers and RPCs, which are critical components for any developer building decentralized applications (dApps). SubQuery has proven itself as a credible alternative to centralized services, offering an open network where anyone can participate as a node operator or delegator.<\/p> The role of AI in transforming industries, including Web3, has become increasingly clear. SubQuery has been closely monitoring these developments and has been working behind the scenes to bring AI capabilities to its decentralized platform. \"The Web3 Summit in Berlin, with its focus on decentralization, is the perfect stage for us to launch this new capability and demonstrate it live\" said James Bayly.<\/p> SubQuery is focused on AI inference, the process of using pre-trained models to make predictions on new data, rather than on model training. \u201cWhile there are commercial services that offer inference hosting for custom models, few exist within the Web3 space,\u201d James explained. \u201cOur decentralized network is ideally suited for reliable, long-term AI model hosting.\u201d<\/p> The SubQuery Network will provide leading-edge hosting for the latest open-source AI models, enabling scalable and accessible AI services for Web3. By embracing a community-driven approach, SubQuery will support decentralized AI inference at scale, empowering a diverse network of independent Node Operators.<\/p> About SubQuery<\/strong><\/p> SubQuery<\/a> Network is innovating web3 infrastructure with tools that empower builders to decentralise the future - without compromise. Our flexible DePIN infrastructure network powers the fastest data indexers, the most scalable RPCs, innovative Data Nodes, and leading open-source AI models. We are the roots of the web3 landscape, helping blockchain developers and their cutting-edge applications to flourish. We\u2019re not just a company - we\u2019re a movement driving an inclusive and decentralised web3 era. Let\u2019s shape the future of web3, together.\u00a0<\/p> \u200b\u200b\u200b\u200bLinktree<\/a> | Website<\/a> | Discord<\/a> | Telegram<\/a> | Twitter<\/a> | Blog<\/a> | Medium<\/a> | LinkedIn<\/a> | YouTube<\/a><\/p> New York, United States, August 21st, 2024, Chainwire<\/strong><\/span><\/p> Conflux Network<\/a>, China's only regulatory-compliant public blockchain, is teaming up with China Mobile, the nation's largest telecom provider boasting over 1 billion monthly users. This strategic alliance aims to revolutionize digital collections via Migu, China Mobile's digital content division. Conflux Network and China Mobile will introduce cutting-edge digital collectibles like video RBTs (Ringback Tones), digital identities (DIDs), and blockchain communication hardware, all driven by the Conflux TreeGraph public blockchain.<\/p> The first release from this partnership is set to make history as the world\u2019s first public blockchain-based digital collectible video ringtone. Titled the \"MIGO and His Friend ConFi\" series, it will launch on August 23, 2024, at 10:00 AM Beijing Time and will be available for purchase through the \"Digital Collectibles\" section of the Migu Music App.<\/p> This collection features characters from Conflux\u2019s mascot, \"ConFi,\" alongside \"MIGO,\" China Mobile Migu's pioneering NFT product. The series integrates real-life landmarks from Hong Kong to tell a story of friendship through captivating visual storytelling. The \"MIGO and His Friend ConFi\" video ringtones will be sold as mystery boxes, with 5,000 units available at 13.9 RMB (~2 USD) each. Of these, 500 units are rare editions, representing just 1% of the total. These video ringtone mystery boxes offer a cutting-edge 5G experience, combining personalization, social interaction, and interactivity. Users can view the corresponding video ringtone directly on their phone screens during calls without needing to install additional software.<\/p> Since 2021, Migu has been one of China Mobile\u2019s fastest growing verticals as a leader in immersive media technologies. Migu has driven digital content innovation with a strategic focus on ultra-high-definition video, video ringtones, cloud gaming, cloud VR, and cloud AR, all as part of their Metaverse evolution strategy. The partnership with Conflux marks Migu\u2019s first venture into Metaverse and digital collectible applications on a public blockchain network, bringing this technology to Migu\u2019s 120 million monthly active customers.<\/p> About Conflux<\/strong><\/p> Conflux Network<\/a> is a permissionless Layer 1 blockchain that connects decentralized economies across borders and protocols. It utilizes a hybrid PoW\/PoS consensus mechanism to ensure a rapid, secure, and scalable blockchain environment. With Conflux, congestion is eliminated, fees remain low, and network security is enhanced.<\/p> As the leading regulatory-compliant public blockchain in China, Conflux offers a distinct advantage for projects seeking to enter the Asian market. The platform collaborates with renowned global brands and government entities in the region, driving blockchain and metaverse initiatives. Notable partnerships include the city of Shanghai, China Telecom, Little Red Book (China's \"Instagram\"), McDonald's China, and Oreo. Users can learn more: https:\/\/confluxnetwork.org\/<\/a><\/p> About China Mobile Migu\u00a0<\/strong><\/p> China Mobile Migu is a specialized subsidiary of China Mobile focused on the mobile internet sector. The company is dedicated to the core principle of \"digital content platform,\" integrating the characteristics of both telecom operators and internet companies. Supported by advanced technologies, Migu continues to build its core capabilities in content technology, platform technology, and cloud network technology. Migu is actively exploring innovative \"Internet + digital content\" operations, combining content incubation with channel partnerships, and is working to develop platforms for new media integration, digital content aggregation, copyright transactions, and content entrepreneurship. Migu is committed to transforming the way users experience entertainment and culture. Migu boasts 400 million video ringtone users, 25 million digital smart users, over 60 million e-books, and 130+ published books. Migu also offers 2,300 cloud games with 120 million active users, making it a top culture-tech brand and new media platform.<\/p> Singapore, Singapore, August 21st, 2024, Chainwire<\/strong><\/span><\/p> Following the launch of FBTC<\/a>, an omnichain Bitcoin asset maintaining a 1:1 peg to BTC, Ignition today announced that FBTC has crossed $100M<\/a> in Total Value Locked (TVL) according to Dune. Also announced is the \u201cSparkle\u201d campaign, where early FBTC holders will receive points-inspired \u201cSparks\u201d for future rewards. FBTC is supported by core contributors Mantle<\/a>, a burgeoning DAO-led blockchain ecosystem built around Ethereum layer 2 (L2) Mantle Network and Ether liquid staking protocol mETH Protocol, and Antalpha Prime<\/a>, a reliable digital asset technology platform for institutions.\u00a0<\/p> As tokenized bitcoin assets pave the way for Bitcoin\u2019s resurgence in DeFi, FBTC\u2019s significant milestone ushers in a new era of Bitcoin\u2019s evolving utility and velocity \u2014 transforming the original cryptocurrency from a simple store of value into a dynamic asset that offers the potential for various yield-generating possibilities.\u00a0<\/p> Incubated by Ignition, FBTC is an omnichain BTC asset that is liquid and easily composable in various yield enhancement strategies. FBTC aims to liberate the growth potential of Bitcoin by becoming the standard for Bitcoin transactions, essentially rendering all other blockchains into a Bitcoin L2. FBTC is currently deployed on Ethereum, Mantle Network and BNB Smart Chain, with more supported blockchains to come.\u00a0<\/p> FBTC\u2019s rapid adoption is supported by dozens launch partners, including heavyweights such as Avalon Labs, Bybit Web3, Cobo, Ethena Labs, OKX Wallet, Pendle and Solv Protocol, reflecting FBTC's credibility and the industry\u2019s evolving interest in innovative Bitcoin solutions.\u00a0<\/p> With FBTC, Ignition aims to create a seamless, multi-chain environment for users to efficiently explore DeFi yields. The ability to swap and bridge FBTC between Ethereum, Mantle Network and BNB Chain further enhances its utility, making it accessible for a majority of blockchain users. Today, holders of FBTC are able to leverage their idle Bitcoin holdings across several yield-generating opportunities on Ethereum, Mantle Network and BNB Chain, enabling a wider range of use cases on various L1s and L2s that will be unveiled soon.\u00a0<\/p> Ignition also unveiled its plans for an upcoming \u201cSparkle\u201d campaign. Participants will receive points-inspired \u201cSparks\u201d for their engagement with and contributions to the FBTC ecosystem. Running from Aug. 21 to Sept. 21, eligible protocols for the Sparkle campaign include PumpBTC, Bedrock, Mezo Network, Avalon Labs, Fuel Network, Pell Network and Solv Protocol. Throughout the Sparkle campaign, Ignition will continue to integrate new protocols, launch side campaigns, and offer external incentives to enhance the user experience and reward system. Find out more at https:\/\/fbtc.com\/ongoing-campaign<\/a>.\u00a0<\/p> Looking ahead, Ignition is collaborating with Babylon<\/a>, the self-custodial Bitcoin Staking Protocol that aims to build a Bitcoin-secured decentralized world, to launch a BTC vault that gives users exposure to Babylon native staking. This undertaking, along with other exciting events and collaborations, underscores Ignition\u2019s unwavering commitment to building a vibrant, community-driven ecosystem around FBTC. The rapid adoption and strong security of FBTC signals a promising future for Bitcoin\u2019s evolving role in the DeFi landscape, propelling it to fully unlock its immense potential within the broader decentralized finance ecosystem.\u00a0<\/p> About Ignition FBTC<\/strong><\/p> Incubated by Ignition, FBTC is a secure, decentralized, and composable BTC asset aimed at liberating Bitcoin's true power of growth. FBTC provides a liquid Bitcoin asset that adheres to a 1:1 peg with BTC to redefine its role across all blockchain platforms. By fostering DeFi composability, cross-chain interoperability, and promoting widespread adoption of BTC applications, FBTC represents the beacon of a high-speed, low-friction and interoperable future for all blockchains and every tokenized economy to flourish. FBTC is powered by core contributors Antalpha Prime and Mantle.\u00a0<\/p> For more information, users can visit<\/p> Website<\/a> | X\/Twitter<\/a> | Discord<\/a> | Telegram<\/a><\/p> Warsaw, Poland, August 20th, 2024, Chainwire<\/strong><\/span><\/p> Flipster<\/a>, one of the leading crypto derivatives trading platforms, is listing Tether Gold (XAU\u20ae) issued by TG Commodities Limited<\/a> to its platform, providing users with new opportunities to deposit, withdraw, and convert the gold-backed digital asset.\u00a0<\/p> To celebrate the introduction of Tether Gold on its platform, Flipster has launched two exciting campaigns designed to reward users for engaging with this new offering:<\/p> 1. Tether Gold Launchpool<\/a><\/p> 2. Tether Conversion Campaign<\/p> By adding Tether Gold to its platform, Flipster continues to build on its reputation as a forward-thinking platform that provides users with the tools they need to navigate the evolving digital asset landscape.<\/p> About Flipster<\/strong><\/p> Flipster<\/a> is among the fastest-growing crypto derivatives trading platforms, offering lightning-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens with high liquidity and zero trading fees. For media enquiries or interview requests with the team, please reach out to [email protected]<\/strong><\/a>.\u00a0<\/p> X<\/a> | Facebook<\/a> | Instagram<\/a> | LinkedIn<\/a> | Official Telegram<\/a> | Announcements Telegram<\/a><\/p> About Tether and USD\u20ae<\/strong><\/p> Tether is a pioneer in stablecoin technology, driven to revolutionize the global financial landscape, its mission is to provide accessible, secure, and efficient financial, communication, and energy infrastructure. Tether enables greater financial inclusion and communication resilience, fosters economic growth, and empowers individuals and businesses.<\/p> As the creator of the industry\u2019s largest, most transparent, and liquid stablecoin, Tether is dedicated to building sustainable and resilient infrastructure to benefit underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.<\/p> About Tether Gold (USD\u20ae)<\/strong><\/p> Tether Gold (Gold) is a digital asset offered by TG Commodities Limited. One full USD\u20ae token represents one trou fine ounce of gold on a London Good Delivery bar. XAU\u20ae is available as an ERC-20 token on the Ethereum blockchain, The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser\u2019s Tether wallet where it is issued after purchase. The allocated gold is identifiable with a unique serial number, purity, and weight and is redeemable in the form of physical gold.<\/p> Important Note<\/strong><\/p> This press announcement is not an offer to sell or the solicitation of an offer to buy Tether Gold (XAU\u20ae). TG Commodities Limited will only sell or redeem XAU\u20ae pursuant to its gold token terms of sale and service available (as of the date of this press release) at gold.tether.to\/legal<\/a>.\u00a0<\/p> Oracles are crucial to extending the use cases of blockchain technology beyond on-chain operations. By bridging the gap between blockchain networks and the real world, they allow smart contracts to communicate with outside data sources. The need for safe, dependable, and decentralized Oracle solutions will only increase as blockchain technology develops.<\/p>\n","post_title":"Smart Contracts Meet Reality: The Crucial Role of Oracles in Blockchain Networks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"smart-contracts-meet-reality-the-crucial-role-of-oracles-in-blockchain-networks","to_ping":"","pinged":"","post_modified":"2024-09-02 15:25:24","post_modified_gmt":"2024-09-02 05:25:24","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18437","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18422,"post_author":"2","post_date":"2024-08-29 03:16:09","post_date_gmt":"2024-08-28 17:16:09","post_content":"\n New York, New York, August 28th, 2024, Chainwire<\/strong><\/span><\/p> DTX Exchange (DTX)<\/a> has taken center stage in the crypto market after announcing the much-awaited testnet launch. The decentralized trading platform has also surpassed $1.8 million raised in its ongoing presale weeks ahead of expected. This development is expected to accelerate the development of a unified trading ecosystem.\u00a0<\/p> DTX Exchange (DTX) was envisioned as a cutting-edge platform that brought together conventional and decentralized assets under a single umbrella. The DeFi exchange provides retail traders with maximum capital access along with a suite of trading products. Access and security are paramount in the development of the platform to ensure that traders can interact with over 100,000 financial instruments in a single application.\u00a0<\/p> The background infrastructure of DTX Exchange (DTX) is backed by a proprietary Layer-1 blockchain that ensures seamless governance. Additionally, the platform has also introduced the VulcanX protocol to minimize trading fee and offer a multi-channel trading avenue for traders around the globe.\u00a0<\/p> The DTX Exchange's value proposition has been validated by its current market performance. The platform raised over $1.8 million within its initial weeks of launch, and the funding is expected to accelerate the deployment of DTX products, including the layer-1 blockchain, integrated wallet application, and enterprise APIs, which are central to the development of a decentralized ecosystem.\u00a0<\/p> According to the team, with the crypto market increasingly shifting towards mainstream adoption, it is essential to have platforms that provide a smooth onboarding experience for users to become a part of web3. DTX Exchange provides the perfect onramp by merging traditional equities, stocks, forex, and crypto trading under a unified umbrella. This transition is represented by the VulcanX protocol going live by the platform.<\/p> The recent upgrade includes a Layer-1 blockchain that has already entered its testnet<\/a> stage. In the final deployment, the blockchain is expected to outperform established leaders and prove to be an innovative challenger to leading altcoins. DTX has also strategically integrated data feeds from other fintech platforms to provide a streamlined solution for investors.\u00a0<\/p> DTX Exchange<\/a> is the first hybrid trading platform with its VulcanX blockchain infrastructure. The platform is redefining the global trading industry with its cross-functional approach towards stocks, crypto assets, equities, and contract trading options. With support from a rapidly growing community, DTX Exchange aims to make a massive impact. For more information about the upcoming features and developments, users can visit the DTX Exchange website or interact with the community on Telegram.\u00a0<\/p> To learn more about the DTX platform:\u00a0<\/p> Website: <\/strong>https:\/\/dtxexchange.com\/<\/strong><\/a>\u00a0<\/strong><\/p>Analysis of DTX Exchange\u2019s Unified Platform<\/strong><\/h2>
DTX Exchange Surpasses $1.8 Million in Funds Raised\u00a0<\/strong><\/h2>
Exploring the VulcanX Evolution\u00a0<\/strong><\/h2>
About DTX Exchange<\/strong><\/h2>
Contact<\/h5>DTX Exchange<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"DTX Exchange\u2019s Layer-1 Blockchain Soars After Testnet Launch","post_excerpt":"New York, New York, 28th August 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"dtx-exchanges-layer-1-blockchain-soars-after-testnet-launch","to_ping":"","pinged":"","post_modified":"2024-08-29 03:16:09","post_modified_gmt":"2024-08-28 17:16:09","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18422","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18392,"post_author":"2","post_date":"2024-08-27 23:10:35","post_date_gmt":"2024-08-27 13:10:35","post_content":"\nSunyoung Hwang, Executive Director of NEXPACE, <\/strong>said: \"The introduction of NXPC and blockchain technology to the 21-year legacy of MapleStory IP underscores our confidence in their transformative ability to revolutionise the gaming experience for all. The NXPC token aligns user incentives with the long-term growth of the ecosystem by distributing the ability to create items to contributors, fostering a continuous virtuous cycle of enjoyable experiences and growth of the IP. We look forward to our robust pipeline ahead, including releasing new information on the tokens within the year, as well as the various updates on the ecosystem and the PC MMORPG MapleStory N.\u201d<\/blockquote>
Contact<\/h5>Global PR Manager<\/strong>
<\/span>Bee Shin<\/strong>
<\/span>Wachsman<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"MapleStory Universe Unveils Nexpace Protocol Today","post_excerpt":"ABU DHABI, UAE, 27th August 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"maplestory-universe-unveils-nexpace-protocol-today","to_ping":"","pinged":"","post_modified":"2024-08-27 23:10:35","post_modified_gmt":"2024-08-27 13:10:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18392","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18386,"post_author":"2","post_date":"2024-08-26 23:01:53","post_date_gmt":"2024-08-26 13:01:53","post_content":"\n\u201cAIBI is here to bring truth to AI\u201d, said David Pinger, founder and CEO of Warden Labs. \u201cBroken AI infrastructure had disastrous consequences - factually incorrect, unsafe, opaque and at times outright dangerous recommendations. Trust in AI collapsed at a time when it\u2019s becoming deeper and deeper embedded into our daily lives. AIBI provides the infrastructure to stop this.\u201d \"We no longer want to rely on AI \u201challucinations\u201d, and with ongoing advancements in AIBI we will put an end to them.\u201d<\/blockquote>
\u201cBlockchain infrastructure is the best contender to make AI open\u201d, said Antonio Pitasi, founder and CTO of Warden Labs. \u201cWe provide truly open AI infrastructure that allows any protocol, application or platform to use AI in a secure way\u201d.\u201d<\/blockquote>
Contact<\/h5>PR<\/strong>
<\/span>Andrei S.<\/strong>
<\/span>Warden Labs Ltd<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Warden announces the Artificial Intelligence Blockchain Interface (AIBI)","post_excerpt":"Tortola, British Virgin Islands, 26th August 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"warden-announces-the-artificial-intelligence-blockchain-interface-aibi","to_ping":"","pinged":"","post_modified":"2024-08-26 23:01:53","post_modified_gmt":"2024-08-26 13:01:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18386","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18347,"post_author":"2","post_date":"2024-08-22 23:04:00","post_date_gmt":"2024-08-22 13:04:00","post_content":"\n\u201cTanssi is providing developers in the Symbiotic ecosystem with an easy-to-use interface to one of the most sophisticated and battle-tested blockchain development stacks. By integrating with Symbiotic's shared security protocol, projects using Tanssi can tap into Ethereum\u2019s liquidity and launch an appchain with restaking functionality in minutes,\u201d says Felix Lutsch, Head of Ecosystem at Symbiotic.<\/blockquote>
Francisco Agosti, Tanssi Co-founder, says, \"Decentralized networks, also known as Actively Validated Services (AVSs), offer new possibilities for applications that don\u2019t fit within the rollup model. Tanssi changes the game by providing a fully customizable, decentralized environment where developers can launch Ethereum-based networks in minutes. We expect Tanssi to catalyze growth in Ethereum\u2019s restaking security market, making decentralization and accessibility easier than ever.\"<\/blockquote>
About Tanssi Network<\/h2>
About Symbiotic<\/h2>
Contact<\/h5>CEO<\/strong>
<\/span>Thiago Rudiger<\/strong>
<\/span>Tanssi Foundation<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Launch a Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Ethereum Standard","post_excerpt":"Cayman Islands, UK, 22nd August 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"launch-a-network-with-restaked-security-in-minutes-tanssi-and-symbiotic-set-new-ethereum-standard","to_ping":"","pinged":"","post_modified":"2024-08-22 23:04:00","post_modified_gmt":"2024-08-22 13:04:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18347","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18333,"post_author":"2","post_date":"2024-08-21 19:38:23","post_date_gmt":"2024-08-21 09:38:23","post_content":"\nCurrently, the market for AI inference is dominated by large centralized cloud providers who charge high fees and often use user data to improve their proprietary models. \u201cProviders like OpenAI and Google Cloud AI are not only expensive but also leverage your data to enhance their closed-source offerings,\u201d James noted. SubQuery is committed to providing an affordable, open-source alternative for hosting production AI models. \u201cOur goal is to make it possible for users to deploy a production-ready LLM model through our network in just 10 minutes,\u201d he added.<\/blockquote>
\u201cRelying on closed-source AI models risks consolidating power in the hands of a few large corporations, creating a cycle that perpetuates their dominance,\u201d James warned. \u201cBy running AI inference on a decentralized network, we ensure that no single entity can control or exploit user data. Prompts are distributed across hundreds of node operators, ensuring privacy and supporting an open-source ecosystem.\u201d<\/blockquote>
Contact<\/h5>Head of Marketing<\/strong>
<\/span>Brittany Seales<\/strong>
<\/span>SubQuery PTE LTD<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"SubQuery Launches Decentralized AI Inference Hosting at Web3 Summit in Berlin","post_excerpt":"Singapore, Singapore, 21st August 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"subquery-launches-decentralized-ai-inference-hosting-at-web3-summit-in-berlin","to_ping":"","pinged":"","post_modified":"2024-08-21 19:38:23","post_modified_gmt":"2024-08-21 09:38:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18333","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18327,"post_author":"2","post_date":"2024-08-21 18:05:32","post_date_gmt":"2024-08-21 08:05:32","post_content":"\nContact<\/h5>Melissa Tirey<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Conflux and China Mobile\u2019s Migu Debut World\u2019s First Blockchain-Based Video Ringtone","post_excerpt":"New York, United States, 21st August 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"conflux-and-china-mobiles-migu-debut-worlds-first-blockchain-based-video-ringtone","to_ping":"","pinged":"","post_modified":"2024-08-21 18:05:32","post_modified_gmt":"2024-08-21 08:05:32","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18327","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18322,"post_author":"2","post_date":"2024-08-21 16:51:20","post_date_gmt":"2024-08-21 06:51:20","post_content":"\nThe landmark milestone marks the start of a new era for Bitcoin\u2019s utility<\/h4>
\u201cThe remarkable achievement of $100M in TVL for FBTC in such a short time is not just a significant milestone for this nascent BTC asset, but a testament to the evolving landscape of Bitcoin utility. FBTC\u2019s rapid adoption, supported by Ignition\u2019s diverse ecosystem of partners, signals a new chapter in decentralized finance (DeFi) where Bitcoin's potential is being fully realized across multiple blockchains. As Ignition continues to innovate and expand FBTC's capabilities, we're not just creating opportunities for yield \u2014 we're reimagining how Bitcoin interacts with the broader DeFi ecosystem,\u201d said Igneus Terrenus, Paramount Pyromancer at Ignition<\/strong>.\u00a0<\/blockquote>
Contact<\/h5>FBTC<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Omnichain BTC Asset FBTC Crosses $100M in TVL, Ignition Unveils \u201cSparkle\u201d Campaign\"","post_excerpt":"Singapore, Singapore, 21st August 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"omnichain-btc-asset-fbtc-crosses-100m-in-tvl-ignition-unveils-sparkle-campaign","to_ping":"","pinged":"","post_modified":"2024-08-21 16:51:20","post_modified_gmt":"2024-08-21 06:51:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18322","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18314,"post_author":"2","post_date":"2024-08-20 20:50:14","post_date_gmt":"2024-08-20 10:50:14","post_content":"\nFlipster CEO Yongjin Kim commented: \u201cTether continues to lead the stablecoin market, maintaining the highest market cap among its peers. As blockchain technology evolves, there is growing interest in real-world assets like gold being brought on-chain. Tether is well-positioned to capitalize on this trend, offering products like Tether Gold that provide users with a way to gain exposure to the value and stability of gold.\u201d<\/blockquote>
\u201cAt Flipster, we are thrilled to offer access to these innovative assets, empowering our users to explore real-world asset opportunities and enhancing our platform\u2019s appeal as a comprehensive trading hub,\u201d said Kim.<\/blockquote>
Contact<\/h5>Brand Marketing Manager<\/strong>
<\/span>Shirlyn Tan<\/strong>
<\/span>Flipster<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Flipster Announces Collaboration with Tether","post_excerpt":"Warsaw, Poland, 20th August 2024, Chainwire","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"flipster-announces-collaboration-with-tether","to_ping":"","pinged":"","post_modified":"2024-08-20 20:50:14","post_modified_gmt":"2024-08-20 10:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18314","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Conclusion<\/h2>\n\n\n\n
Analysis of DTX Exchange\u2019s Unified Platform<\/strong><\/h2>
DTX Exchange Surpasses $1.8 Million in Funds Raised\u00a0<\/strong><\/h2>
Exploring the VulcanX Evolution\u00a0<\/strong><\/h2>
About DTX Exchange<\/strong><\/h2>