Technology

Technology

SHIB Devs Launch Name Service in Decentralized Identity Push

Shiba Inu has finally rolled out its SHIB Name Service (SNS) on its Shibarium Layer-2 network, as part of the project’s push to leave its meme coin status at the kennel. The SNS allows users to replace the typically complex blockchain addresses with straightforward, easily remembered domain names, Tuesday’s announcement read. Ethereum Name Service is a similar offering for the wider Ethereum community, swapping complicated strings of numbers and letters for human-readable names as crypto address…

by Decrypt AI, Edited by Liam Kelly · 2 min read

Oct 30, 2023

Technology

The World’s Beefiest Quantum Computer Comes With a Catch

Quantum computing is the next frontier in technology—harnessing the laws of quantum mechanics to solve problems too complex for classical computers—and a startup named Atom Computing has made a bold claim: that they are testing of a 1,180 qubit quantum computer that could be available next year, outpacing giants like IBM and Google. This is a significant leap from their previous system, which operated with only 100 qubits. That’s a lot of qubits, which are the basic units of quantum information….

by Jose Antonio Lanz · 4 min read

Oct 25, 2023

Technology

Polygon Deploys New POL Token Contracts on Ethereum

New Polygon, new token. As the multi-chain scaling solution continues to roll out its updated roadmap, Polygon today finally deployed the token contracts for its new POL token on Ethereum. A token contract is a type of smart contract that has the records and utilities powering a token, like its supply and who holds what balance. Polygon Outlines Launch of New POL Token in Latest Network Upgrade POL will replace the network’s current MATIC token; the network will not support two tokens. MATIC hol…

by Liam J. Kelly · 2 min read

Oct 25, 2023

Technology

Blockchain Tech ‘Stuck in the Eighties’: Fantom’s Andre Cronje

Fantom co-founder Andre Cronje is hoping to give blockchain technology as we know it a facelift. “Blockchain technology is stuck in the eighties,” he told Decrypt. “The internet and tech back then were predominantly used for financial applications simply because financial transactions were the only thing that made economic sense to digitize.” Cronje added that today’s standards mean those kinds of transactions now cost a fraction of a penny, something that “would cost you much more” on networks…

by Liam J. Kelly · 3 min read

Oct 23, 2023