Key Highlights in Crypto Protocols on December 8, 2023
Date: 2023-12-08 Author: Dima Zakharov Categories: BLOCKCHAIN
Flare Blockchain Welcomes Institutional Validators and Data Providers
In a noteworthy move, the Flare blockchain (FLR) has onboarded Ankr, Figment, Retake, Luganodes, and NorthStake as validators and data providers for its own network oracles. This strategic addition makes Flare the first smart contract platform to have these institutional validators supplying decentralized data feeds, broadening the spectrum of information available. The network now boasts a total of 91 similar nodes.
SKALE Becomes the First Blockchain with Zero Gas Fees
SKALE, the blockchain platform, has achieved a significant milestone by introducing a gas-free application chain infrastructure based on community voting. The SKALE Chain Pricing proposal aims to stabilize the network while offering validators an additional revenue stream through subscription-based transactions. This advancement is set to propel the ecosystem into a new phase of development.
IEEE to Provide Credentials and Certificates for Avalanche C-Chain
The Institute of Electrical and Electronics Engineers (IEEE), with over 426,000 members across 160+ countries, is planning to issue credentials and certificates for the Avalanche C-Chain. This initiative aims to enhance the verification process, making it secure, instant, and tamper-proof. The project team states that as a leader in setting technical standards, IEEE is leveraging blockchain for authentication, marking a significant milestone in the evolution of the Web3 sector.
Blockaid Introduces Real-Time Transaction Security in Rainbow Wallet
Web3 security tools provider Blockaid has unveiled a new "Transaction Security" feature in the Rainbow wallet. This update offers millions of users protection against malicious websites and applications in real-time, enhancing security for crypto transactions.
