#MainnetLaunch

[thecryptonewshub]

Pi Coin Nearing Potential Binance Listing Ahead of Mainnet Launch

Pi Coin's Surge: How a Binance Listing Could Shape the Future of Pi Network Pi Coin is edging closer to a significant milestone, with the potential for a Binance listing just days before its mainnet launch. The momentum surrounding Pi Coin’s rise is evident, particularly with the recent Binance community vote that supports its potential listing. The Binance community vote, launched on February 17, 2025, allowed users to vote on whether Pi Coin should be listed on the exchange, with a stunning 85% of voters backing the proposal. This indicates the growing interest and trust in the Pi Network, especially as it approaches its mainnet launch.

The Pi Network has been in the spotlight for a while, with people mining Pi Coin directly from their phones. The planned mainnet launch will represent a huge transition from the current testnet phase to a fully operating network. This shift opens up a plethora of options, with a Binance listing potentially functioning as a catalyst for future growth. Also Read:   bitcoin-focused-metaplanet-slips-8-as-it-announces-stock-split With the increase of Pi Coin holders, many are wondering how this listing will affect the token's value and acceptance. Binance, as one of the largest cryptocurrency exchanges, might give Pi Coin with global exposure and liquidity in the market. The result of this vote not only demonstrates the community's enthusiasm, but it also indicates that the Pi Network is on the verge of significant advances in the cryptocurrency arena. Read the full article

[kristikinzel12]

Ace Blockchain Crypto Network, Best Blockchain of the Year 2023

Intro to Exchanges

Exchanges are crypto’s killer app, across DeFi, GameFi, and NFTs, and most if not all trade volume flows back to exchanges. Orderbook models continue to reign supreme across all large centralized exchanges, both in traditional finance and crypto. They are proven to be reliable, fast, and capital efficient. However, bringing an order book on-chain is immensely difficult. Teams need to deal with high transaction costs, slow trade execution, and inaccurate pricing among other obstacles.

There have only been a select few working implementations of order books on-chain thus far. Each one deals with clear tradeoffs, balancing between speed, efficiency, and reliability.

The Significance of On-chain

Off-chain order books have historically dominated perpetual and spot trading on venues like FTX, Binance, and Coinbase. Having been built on robust web2 infrastructure, centralized exchanges have near-zero transaction costs and near-instant order executions. The main drawbacks of off-chain order books are their centralized nature and increased regulatory exposure.

On the other hand, on-chain order books can be decentralized and trustless, but frequently hindered by network congestion, high transaction costs, and slower execution. This means that most on-chain order books are only as efficient and capable as the chains they are built on.

ABCN Business Plan : Ace Blockchain Crypto Network is a blockchain platform that is a decentralized digital infrastructure that enables the creation and execution of applications, services, and protocols based on blockchain technology. It serves as a foundation for building and deploying various decentralized applications (DApps) and smart contracts marketplace.

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Stay tuned for announcements by following ABCN on Twitter. What are you waiting for? Jump on and say Hi!

[cryptotechnews24]

Shardeum Raises $5.4 Million in Strategic Funding to Propel Ecosystem Growth

Shardeum, a highly-scalable EVM-based layer-1 blockchain, has successfully closed a strategic funding round, raising an impressive $5.4 million. The investment comes from leading participants such as Amber Group, Galxe, J17 Capital, JSquare, and TRGC, among others. This substantial funding will play a pivotal role in supporting the growth of Shardeum's ecosystem, leading up to the highly anticipated mainnet launch scheduled later this year.

Empowering High Performance through Dynamic State Sharding

Founded in 2022, Shardeum employs innovative technology that sets it apart from traditional blockchains. By utilizing dynamic state sharding, Shardeum keeps gas fees low and significantly increases transaction throughput as the network expands. This scalability ensures that as participation grows, the blockchain remains efficient, enabling seamless user experiences and fostering widespread adoption.

Impressive Testnet Achievements

As of July 7, 2023, Shardeum's testnet has already witnessed over 7.4 million transactions, demonstrating the robustness and effectiveness of the platform. With more than 820,000 active accounts and over 230,000 deployed contracts, Shardeum's network has proven its capabilities in handling a significant volume of activity. These impressive numbers serve as a testament to the platform's readiness for the forthcoming mainnet launch.

Enabling Accessibility and Decentralization

Kelsey McGuire, the chief growth officer at Shardeum, emphasized the significance of the strategic raise and its impact on the project's overarching mission. With Shardeum's consensus design and the use of dynamic state sharding, the platform ensures that validator participation is accessible to users, irrespective of their computing resources. This approach fosters inclusivity and decentralization, aligning with Shardeum's vision to create a global and diverse community.

Leveraging the funding for Global Expansion

The recent strategic raise reinforces Shardeum's commitment to decentralization and community building. By utilizing the newly acquired funds, Shardeum aims to expand its community worldwide through various initiatives, including education and other key programs. This investment will enable the project to prioritize decentralization, bringing together a diverse group of participants who are passionate about the blockchain's potential.

Prominent Participants in the Strategic Raise

In addition to Amber Group, Galxe, J17 Capital, JSquare, and TRGC, the $5.4 million strategic raise attracted significant interest from other notable participants. These include Bware Labs, Tané Labs, Hyperithm Group, Luganodes, Blockchain Ventures Hub, CryptoViet Ventures, Blue7, and more. The involvement of these influential investors demonstrates the confidence and belief in Shardeum's innovative approach and the potential it holds for disrupting the blockchain industry.

Continued Success and Previous Funding

This recent strategic raise follows Shardeum's successful seed round in October 2022, where the project raised an impressive $18.2 million. Notable backers in the seed round included prominent investors such as Jane Street, Big Brain Holdings, Struck Crypto, The Spartan Group, Ghaf Capital, DFG, CoinGecko Ventures, and Foresight Ventures. The substantial funding secured thus far underscores the industry's recognition of Shardeum's unique value proposition and its potential to revolutionize blockchain technology.

Conclusion

With its successful $5.4 million strategic funding round, Shardeum is poised to continue its journey toward building a scalable and efficient blockchain ecosystem. The support from prominent investors allows Shardeum to amplify its mission of fostering inclusivity, accessibility, and decentralization. As the mainnet launch approaches, the project is set to make a significant impact on the blockchain industry, offering a high-performance solution for users worldwide. For more articles visit: Cryptotechnews24 Source: blockchaintechnology-news.com

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[pinetworknewupdate9121987]

cryptotimes.io has news : "Pi Network’s Mining Rate Rises 18% As Mainnet...

[kristikinzel12]

Ace Blockchain Crypto Network Using Blockchain To Drive The Sustainability Revolution

Earth carries finite resources and a delicate ecological system powered biology, energy, and chemistry. For the longest time, humans have consumed resources in a linear fashion — we extract, transform, use, and dispose. This approach has negatively affected the atmosphere and biosphere — but what if there was a better way?

Fast forward to 2023 and humanity has built a technology that can fundamentally change our relationship with consumption, waste, and sustainability. That technology is blockchain — our first truth machine.

ABCN is incredibly proud to be a pioneer of this new world.

Enabling True Digital-Sustainability

Blockchains offer an entirely new way to manage and share information. For the first time, global society can collaborate effectively, efficiently and transparently at scale. VeChain will operate as layer of trust for the hyper-connected era of big-data.

We’re now actively helping shape the direction of what will be some of the most crucial decades for humanity as we rapidly reshape the global economy to limit the historical impacts of economic activity.

If data is the new oil, blockchain is the new oil rig. Using blockchain, siloed or ‘dark’ data can finally be harnessed to provide unprecedented granularity and insights into human activity, helping us achieve sustainability targets. But how?

Creating Trust

Trust is one of the biggest hurdles to global sustainability. International collaboration requires data quality assurances and transparency within data trails. Ace blockchain technology solves this trust crisis.

Ace Blockchain Crypto Network — Public blockchain operating on PoA consensus mechanism to offer fast transactions with low energy consumption similar to Ethereum or Binance.

The outcomes of such developments are secure trails of instantly verifiable, high quality, and trustworthy data. For sustainability to flourish, millions of participants will need to collaborate efficiently in real-time and so the elimination of poor-quality data is paramount.

Ace blockchain technology enables an entirely new kind of economic model that places trust and transparency in data at its core.

More Than A Sustainable Blockchain

Based on our interactions, it’s increasingly clear that people are beginning to recognize the revolutionary power of blockchain technology. No technology has had such a profound impact on information sharing since the birth of the internet.

ABCN is proud to be a pioneer in this new world, leading the development of real-world sustainability applications and mass adoption of the technology. We’ve taken abstract concepts and worked with world leaders to transform them into tangible solutions.

As we head into 2023 and blockchain regulations continue to unfold globally, the Ace blockchain crypto network remains vigilant and ready to deliver on the unfolding narrative of blockchain as a tool for good. Blockchain technology is not just a ‘nice-to-have’ — it is an imperative.

About The Ace Blockchain

Ace Blockchain is a self-deployed blockchain platform by Ace Network, a world-leading smart contract platform spearheading the real-world adoption of blockchain technology.

Ace Network is a young and evolving ecosystem that is working on different aspects of decentralized applications to deploy on the main platform. and now turns its attention to arguably the greatest challenge of all — building technologies and ecosystems to drive true sustainability and digital transformation at a global scale.

Visit https://abcn.finance/ to learn more.

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