Daily 10: Cosmos Launches, Dai Gets a Lightning Network-esque Payment System

March 14, 2019








It’s all happening in the crypto and blockchain space this week! To help you stay on top of it all, I’ve put together a 14-part thread based on news and announcements from Wednesday. Can’t be bothered looking through it all? All good! Below, I’ve listed what I considered the ten most noteworthy inclusions. Enjoy!


[1] After several years of research and development, the Cosmos Hub mainnet has launched! The secure, scalable blockchain ecosystem’s release has been highly anticipated by the industry for quite some time. Cosmos Hub represents the first of a series of PoS blockchains intended to comprise the Cosmos ecosystem.


[2] Connext Network shipped a Lightning Network-esque payment system for Dai (DAI)! Known as the Dai Card, Connext’s invention lets you make “instant, trust-minimized, off-chain payments in Dai to anyone else who is connected to [their] hub.”


[3] CoinFLEX, the first physically-delivered crypto futures exchange, announced they’ve received investment from Digital Currency Group (DCG) and Polychain Capital.


[4] Coinbase Pro announced it will begin accepting Stellar Lumens (XLM) deposits, which will be accepted for at least 12 hours before enabling trading. Notably, all XLM deposits will require the specification of a so-called XLM memo for “identifying a transaction recipient beyond a wallet address.”


[5] In collaboration with BitMEX ResearchTokenAnalyst announced the launch of nodestats.org, a new website to monitor the Ethereum network. Per BitMEX Research’s blog post, “the website connects to five different Ethereum nodes and collects data every five seconds.”


[6] Kaleido announced a partnership with OpenLaw “to automate legal agreements on enterprise blockchains.” Now, it’s possible to set up a private blockchain on Kaleido in under a minute and add an instance of OpenLaw from the Kaleido Marketplace with just a few clicks!


[7] Forte, a provider of blockchain-based platform technology for the games industry, and Xpring, Ripple’s developer ecosystem initiative, announced the formation of a $100M fund to support game developers.


[8] Coinbase is reportedly preparing to allow its OTC clients to trade directly out of cold storage. In an interview with The Block’s Isabel Woodford, CEO of Coinbase’s custody business Sam McIngvale said he thinks “this will be the defacto way to trade.”


[9] Binance Labs-backed CertiK, a blockchain, smart contract and live contract verification platform, became LTO Network’s (LTO) audit partner. Per their blog post, “CertiK will [use] the LTO Network global public blockchain to anchor the Proof-of-Existence on their smart contract audit reports.” CertiK will also audit “plug-and-play and custom Live Contract templates for organizations to easily integrate into their existing systems.”


[10] Settle published a quality explainer blog post on Austin Griffith’s Burner Wallet. This involves a detailing of xDai – a blockchain developed through a partnership between POA Network (POA) and MakerDAO (MKR/DAI). The excitement Austin’s creation has generation since launching only last November is quite incredible!


Want to see all 14 parts of today’s thread? All you have to do is click below!

I compose threads like these several times a week. Following @mwill_crypto will allow you to read them hot off the press. If you loathe a clogged feed then, by all means, give me the flick and follow @NuggetsNewsAU instead. They actually do interviews and what not. Whereas I…well I just tweet about them!