Ethereum & Solana Updates🔥with Jackie Dutton
The Ethereum ecosystem continues to evolve with several notable developments. At the recent ECC conference in Brussels, the team behind The Open Network (TON) announced a new layer 2 solution based on Polygon's technology. This move could potentially bring Telegram's vast user base closer to blockchain functionality, though reports about TON's official involvement remain conflicting.
Vitalik Buterin, Ethereum's co-founder, has been advocating for increased open-source adoption in various industries. His recent comments on the auto industry highlight the need for standardized, open-source software for basic vehicle functions, separate from proprietary features. This push for openness aligns with Ethereum's broader vision of decentralization and accessibility.
At the ECC event, Chainlink showcased its growing importance in the financial sector. The company revealed that Fidelity International is now putting Net Asset Value (NAV) data on-chain for a tokenized fund, while ARK Invest and 21Shares are using Chainlink's proof of reserves for their Bitcoin ETF. These real-world applications demonstrate the increasing integration of blockchain technology in traditional finance.
An emerging trend in the crypto space is the concept of "green meme coins." These tokens aim to combine the viral appeal of meme coins with environmental benefits, such as carbon offsetting. However, the complexity of these projects and potential regulatory challenges may limit their appeal compared to simpler meme coins.
Guest: Jackie Dutton
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