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Solana (SOL) Invites Web3 Enthusiasts to Breakpoint Conference 2022: Details

Second Solana’s (SOL) global conference Breakpoint 2022 is a flagship annual meeting for thousands of decentralization fans, blockchain entrepreneurs, investors, researchers, and observers.

Solana (SOL) announces Breakpoint 2022, ‘Early Birds’ ticket sale campaign is live

According to the official statement shared by Solana (SOL) representatives in social media, the tickets to the second season of its Breakpoint Conference are now available for the general public.

‘Early Birds’ promo allows visitors to buy ‘Day Pass’ tickets with 10 percent discount, for $900 instead of $1,000. This promo will be live until Aug.4, 2022.

VIP tickets are available for $4,000; every ticket works in all four venues of the conference but VIP tickets allow people to attend closed events. The participants of the conference will be able to speak to the greatest actors in crypto including Solana’s (SOL) Anatoly Yakovenko and Raj Gokal.

Solana Breakpoint Hacker House will go live as a special platform for in-person interaction between crypto enthusiasts, developers, entrepreneurs and researchers; the attendees will be able to work on their own Solana-centric projects together with colleagues from various teams.

Solana (SOL) allows attendees to support students and researchers, here’s how

Solana Breakpoint 2022 visitors can also introduce the marvelous world of Solana (SOL) to students and scholars. Every visitor can purchase the ‘Support a Developer or Student’ package for $600.

This initiative is designed to let Solanians support the new generation of Web3 enthusiasts. In turn, researchers and students can apply for the free tickets through the official website of the conference. Solana (SOL) will award special badges to all donors of this community-driven initiative.

GetBlock’s Solana (SOL) nodes: Next phase of Web3 disruption

Solana (SOL) blockchain nodes are among the most popular services from GetBlock’s instruments stack. Since 2021, GetBlock offers connection to Solana (SOL) shared and dedicated nodes. Solana (SOL) dedicated nodes are available via JSON-RPC and WebSockets (WS) methods. Solana (SOL) shared nodes can be integrated by dApps in free and paid tariffs.

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Ethereum (ETH) Might Merge its Last Testnet Goerli This Week: Details

Ethereum’s development coordinator Tim Beiko shared the announcements about the progress made by Ethereum (ETH) on its road to The Merge.

Ethereum (ETH) eyes The Merge activation on Goerli: Introducing Bellatrix

According to the official announcement shared by Ethereum’s main blog, Ethereum’s key Proof-of-Work (PoW) test network Goerli is set to merge with PoS testnet Prater.

This phase of testnet merge is poised to go live as a part of Bellatrix upgrade. Prater upgrade Bellatrix will go live at epoch 112260 which is  expected to come on August 4, 2022.

Once this upgrade is activated, testnet Ethereum (ETH) will start its Goerli/Prater migration. As such, Goerli - the last major testnet of Ethereum (ETH) - will be merged with Prater between August 6-12, 2022.

As covered by GetBlock previously, Ethereum (ETH) nodes successfully activated The Merge in Sepolia testnet on July 6, 2022.

Wen mainnet?

Ethereum (ETH), a largest smart contracts platform and second blockchain by market capitalization, is putting the final touches to its hotly anticipated upgrade The Merge. Once this upgrade goes live, Ethereum (ETH) will get rid of its Proof-of-Work (PoW) consensus; the network will replace mining by staking to be more eco-friendly and resource-efficient.

By August, 2022, Ethereum (ETH) activated The Merge in the majority of its stable and purpose-made testnets. Ethereum (ETH) developers set ‘tentative’ date for mainnet activation of The Merge at September 19, 2022.

Ethereum (ETH) APIs for dApps: GetBlock offers shared and dedicated nodes for Ethereum (ETH)

GetBlock, a leading blockchain nodes provider, meets Ethereum (ETH) merge locked and loaded. Ethereum (ETH) dedicated nodes by GetBlock are ready to on-board decentralized applications of all types. 

Ethereum (ETH) shared nodes by GetBlock can always fuel early-stage dApps and R&D services. Ethereum (ETH) nodes by GetBlock provide their users with the access to both mainnet and Kovan, Rinkeby testnets.

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OpenSea Launches New Solana (SOL)-based NFTs In Hopes To Rival Magic Eden

Here’s a brief review of the latest Solana-themed Zoonies collection on OpenSea as well as DALL-E 2 collaboration with LinkedIn founder.

Solana (SOL)’s New Launchpad on OpenSea

Solana (SOL)’s alien-themed NFT project Zoonies is the first NFT avatar collection to utilize OpenSea’s brand new launchpad for Solana. OpenSea first partnered with Solana in April 2022. The noteworthy collaboration between the biggest “Ethereum Killer” and one of the most prominent NFT markets attracted a lot of attention among international buyers. The new feature - already employed on Magic Eden for several months - lets users mint Solana’s NFTs during a primary sale.

At the moment, Zoonies are trading at a price ranging from 1.97 SOL ($86) to 2.5 SOL (~$109).

Many experts highlight the fact that the release of Solana’s NFTs on OpenSea has been rather slow-moving and stagnant in comparison to other Solana’s launches. However, this could be due to the bear state of the overall NFT marketplace.

Nevertheless, analysts believe that a sluggish launch may be a sign of uncertainty rather than a failure of the project.

Amid Zoonies’ launch on OpenSea, Magic Eden continued to trade barbs and memes, constituting for over 90% of Solana’s trading volume.

Magic Eden launches Solana (SOL) themed DALL-E AI art

Magic Eden has partnered with LinkedIn founder and billionaire Reid Hoffman to create and launch new Solana (SOL) NFTs by utilizing OpenAI’s image rendering platform DALL-E.

The project, named Untranslatable Words and consisting of 11 tokenized images, was created by using written text-based art with the help of DALL-E 2.

At the moment, the collection is trading at a top price of 12 SOL (roughly $517).

Reid Hoffman is planning to split the expected revenue between charity organizations and his development team. NFTs, still remaining on the marketplace after the sale, will be burned.

DALL-E 2, initially prohibited by OpenAI for commercial purposes, launched a beta version allowing Hoffman’s collection to take place.

Solana (SOL) nodes by GetBlock: Go-to tech basis for novel NFT collections

GetBlock is a top-notch blockchain node provider for over 40 leading networks, including Solana (SOL), which remains a popular choice among the blockchain provider’s clients.

With Solana shared nodes, users can build and experiment with their decentralized applications on the Solana mainnet and testnet. Being the perfect first-entry solution, SOL shared nodes hosted by GetBlock grant access to peer-shared node infrastructure.

On the other hand, Solana dedicated nodes are privately designed and tailored nodes, ideal for bigger businesses and crypto entrepreneurs. GetBlock offers SOL dedicated nodes as a service for all clients striving to skyrocket their decentralized projects to success. Need blockchain nodes explained? Want to learn more about investing in blockchain nodes? Do not hesitate to contact GetBlock!

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Inside Web3 Adoption in Real-World Businesses: Use-Cases, Prospects, Bottlenecks

Web3, and, in particular, blockchain technology, have brought significant changes to the digital world, especially when it comes to conducting online business. Let’s talk about how the Internet has progressed throughout the years and mention some of the key benefits Web3 offers to blockchain-based projects.

On the road to Web3: Brief history of the Internet

Over the years, the Internet has gone from simple web design to having the ability to create online multiverses.

Web1

The first generation of the World Wide Web, also known as Web1, emerged in the early 90s.

What can be described as the static age of the Internet, Web1 had very limited functionality, with users scrolling through readable digital pages, connected via links.

Web2

Web2 has taken the best features of the outdated Web1 and transformed the online space into something more than just lengthy pages.

With Web2 comes the age of social media. Starting now on, both individual users and business ventures — no matter how big or small — are able to create their own content. For the first time, consumers get a voice.

But that’s not all. The new version of the Internet has also brought major issues such as personal data infringement and online identity theft.

Web3

How is Web3 different from its predecessors? First of all, the introduction of blockchain technology has pushed the adoption of decentralization across the Internet. Decentralized applications are not reliant on third parties or any sort of middlemen. The information, stored on a blockchain, is open to the public and impossible to change.

Slowly but surely, Web3 is taking over the Internet. The World Wide Web as we see it today is very unlikely to disappear any time soon; however, the technology behind it might undergo some changes.

How Web3 could affect businesses

While the transition to Web3 is important to all Internet users, it is especially crucial for businesses planning to make use of blockchain technology. With Web3, privacy and anonymity are set by default, which is a drastic change from the current centralized governance. The ability to store data on decentralized, open-source protocols is fundamental to the development of the global web in the future.

Social media

As mentioned above, the decentralized Internet is most likely to keep the current way of user interactivity via exchanging messages, videos, and posts. However, with the emergence of metaverses, people can socialize with their friends and family in the virtual environment. What’s more, the metaverse is supposed to imitate real life in the digital world, meaning users would also be able to go shopping, visit banks and even go to a concert — all with the help of Web3.

The opinions on metaverses are still rather divided, with some criticizing the new technology for its lack of real human interaction, while others see it as the future of global business implementation. Big names, such as Nike, JP Morgan, and Samsung, have already “opened” their businesses in the metaverse.

Privacy and security management

Blockchain and Web3 are two technical terms often used in the same context. Simply put, a blockchain is a database shared and governed by a network of computers. The decentralized information is stored in blocks, which are later added together forming a chain.

What blockchain does is provide data accuracy. The information on the blockchain cannot be changed, it is immutable and permanent.

Blockchain transparency comes in handy when it comes to the digital finance sector. Thus, transactional data, recorded on the blockchain by various DeFi projects, is practically impossible to manipulate. Users get full control over their sensitive data, meaning that even in the case it is sold to a third party, the user must be notified and agree with the conditions of the transaction.

Streaming services

Nowadays, streaming services remain one of the most profitable industries, with millions of everyday users. We stream music, movies, tv shows, podcasts — anything and everything to our liking.

Naturally, Web3 is bound to affect big entertainment companies, which have been accused of exploiting users’ data for advertising purposes and prioritizing biased creators instead of giving every single one of them a fair chance.

With Web3, content creators are guaranteed to be protected from copyright infringement, due to the smart contract implementation. Besides, small artists get the same functionality as bigger creators, which provides them with an equal opportunity to locate their target audience.

Final thoughts

Web3 is likely to intervene in most sectors of the Internet in the foreseeable future. Blockchain-based technologies might dominate the future of business ventures, meaning most companies may want to convert into decentralized software.

Web3 could also change the way employers attract and hire new talent since they would not have to concentrate their search on one particular geographical area. The recruiting landscape has expanded in recent years, from what we can already tell.

N.B. Check out GetBlock’s guide on how you can become a Blockchain Developer

With GetBlock, users are able to implement Web3 technology today! Blockchain nodes for over 40 leading networks are available on the website. Clients can choose between shared and dedicated nodes. There’s also an option to purchase node clusters for businesses looking for more complex scaling solutions.

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Cosmos (ATOM) Prints Double-Digit Gains Ahead of Massive Upgrade

ATOM, a core native asset of Cosmos’ cross-network ecosystem, performs well amidst markets recession.

One of the most ambitious Web3 ecosystems sees its crucial asset ATOM surging despite the uncertain market context.

ATOM spikes 11 per cent in 12 hours

Yesterday, on July 15, 2022, the price of ATOM, a native cryptocurrency asset of Cosmos, ‘Internet of blockchains’, jumped more than 10,5% from intraday low.

After bottoming at $8,13, ATOM immediately surged over $9,1. As such, ATOM was among the best performing large-caps of July 15, 2022.

After the upsurge, ATOM price recovery slightly lost its steam; by press time, it was changing hands at $9,13, being 10 per cent up in 24 hours.

The growth might not be over for ATOM as its RSI index remains in the neutral zone with 57.1 points; ATOM still doesn’t look oversold in pairs with USD.

dYdX standalone blockchain, ‘Interchain Security’ update: Cosmos progress on fire

ATOM price spikes as the protocol approaches a crucial update. In September, 2022, the protocol can activate ‘Interchain Security’ upgrade. This upgrade will allow the projects within the Cosmos ecosystem to get the highest level of security in Cosmos protected by its 175+ validators.

This upgrade is set to streamline the process of deployment of decentralized applications (dApps) to Cosmos (ATOM).

Also, it was announced that dYdX, a veteran DeFi protocol, will migrate to its own blockchain from Ethereum (ETH). This blockchain will be integrated into Cosmos nodes ecosystem as a stand-alone chain.

Cosmos blockchain nodes by GetBlock: Decentralized backend for new-gen dApps

Blockchain nodes provider GetBlock offers high-performance Cosmos (ATOM) nodes APIs. Shared and dedicated nodes for Cosmos (ATOM) are ready to on-board all types of decentralized applications.

Both shared and dedicated nodes for Cosmos are available through the REST API method. Free and paid tariffs for GetBlock clients include Cosmos blockchain nodes.

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Not Only STEPN: Top-5 Move-to-Earn Projects (And Tokens!) That Change The Narrative in Web3

STEPN app, a much-overhyped gamified decentralized application, introduced the ‘Move-to-Earn’ concept to a global audience. Here’s who is coming to follow its success

Euphoria around ‘Move-to-Earn’ protocols is the last massive hype wave in crypto so far. Despite markets being in deep red, numerous teams are exploring the benefits of ‘Move-to-Earn’.

What is ‘Move-to-Earn’ and why is M2E popular?

Move-to-Earn is a spin-off of the Play-to-Earn concept. Move-to-Earn (or M2E) should be referred to as a type of blockchain protocol that allows their users to earn money (in crypto) for physical activity: jogging, running, doing yoga, climbing, gym exercises, and so on.

Solana-based protocol STEPN made headlines in Q2, 2022: it introduced Move-to-Earn to thousands of crypto newbies across the globe. Not unlike gaming guilds in Play-to-Earn, STEPN crypto fans created large and vibrant communities; thousands of them made STEPN their full-time job.

However, by July 2022, the hype around STEPN almost disappeared; a new generation of Move-to-Earn protocols is ready to on-board excited neophytes.

Top 5 Move-to-Earn ecosystems in the shadow of STEPN

GetBlock’s team unveils the brief review of trending Move-to-Earn applications across various blockchains.

OliveX is a pioneering fitness metaverse in Web3. OliveX is an official partner of The Sandbox, first-ever mainstream metaverse project. The protocol allows users to earn crypto for various activities; its economics is underpinned by DOSE token.

Genopets promotes itself as a pioneering Move-to-Earn game with integrated NFTs. In Genopets people create their virtual personalities. These avatars evolve into powerful players as their owners increase their daily activity. The protocol boasts GENE and KI tokens.

Walken is an intersection between Play-to-Earn and Move-to-Earn platforms. Users are invited to breed their pets and use them in battles and tournaments. Winners are rewarded with WLKN tokens.

Step App prioritizes socialization and physical activity of Web3 fans. Not unlike STEPN, Step App crypto game invites players to buy virtual sneakers and earn FITFI token for completing real-world missions.

Amazy is a lifestyle application that allows its players to walk and run in customized footwear. The protocol is hosted by BNB Chain (former Binance Smart Chain); most prominent runners are rewarded with AZY tokens.

Introducing GetBlock, a top blockchain nodes provider for M2E

First and foremost, speed, low transaction costs and zero latency are characteristics required by Move-to-Earn applications. They prioritize microtransactions; high transaction fees can destroy the tokenomics of M2E app.

GetBlock with its feature-rich and high-performance nodes stack, is a smart bet for M2E. GetBlock supports wide range of M2E-centric blockchains including Solana, Polygon, BNB Chain, and so on.

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Cardano’s Most Crucial Upgrade for 2022, Vasil, Goes Live In Testnet

Cardano (ADA) has successfully activated a testnet hardfork in preparation for the upcoming Vasil upgrade.

As hotly anticipated Vasil is live in testnet, Input-Output Global claims it would take roughly four weeks for it to be implemented on the mainnet.

Cardano Launches Vasil on Testnet: Why is This Crucial?

Cardano (ADA), a largest network running on the Proof-of-Stake consensus, has activated its major Vasil upgrade in testnet.

Vasil is to maximize scalability on Cardano by increasing throughput, speed, and efficiency for decentralized applications. What’s more, users can expect lower fees and interoperability with other blockchains.

Cardano’s Vasil upgrade is a major part of the Basho era, which comes as stage four among five big upgrades awaiting the Cardano network. In Cardano, Byron (phase 1) was mainly responsible to provide a robust foundation to the network; Shelley (phase 2) focused on decentralization; Goguen (phase 3) implemented smart contract functionality; whereas Basho (the current phase 4) is set to guarantee maximum scalability.

As stated by IOG, the community has to be “comfortable and ready” before the new upgrade goes live on the mainnet. Underpinned by token ADA, Cardano nodes ecosystem is going to on-bord next generation of dApps.

*How Cardano (ADA) Price Reacts * After the announcement of the testnet hardfork completion was made, Cardano (ADA) gained only a little momentum. The price growth was up 0.1% over the period of 24 hours. Transaction volume also dropped by 68%, plummeting from $847.13 million to $150.64 million. Furthermore, whale transactions showed an 82% decrease due to the same reasoning.

Despite a rather underwhelming reaction to the Vasil testnet hardfork, Cardano (ADA) upgrade remains one of the most anticipated in the last few months.

*What are GetBlock’s Blockchain Nodes for Cardano? * GetBlock is a top-notch blockchain nodes provider for 40+ networks. GetBlock facilitates the latest blockchain technology for its clients by offering shared and dedicated blockchain nodes as a service.

Via Cardano shared nodes provided by GetBlock, users gain access to the peer-shared nodes infrastructure and can experiment with the unexplored smart contracts, driven by ADA API for the on-chain applications.

Cardano dedicated nodes, another service by GetBlock, are the perfect solution for Web3 developers looking for privately designed blockchain node infrastructure. GetBlock clients can access Cardano network via API keys designed to establish a reliable and convenient connection.

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Here’s how Polkadot’s blockchain governance system upgrade will affect the network and what that means for GetBlock clients.

During the annual Polkadot Decoded gathering, Polkadot’s founder Gavin Wood announced an upgrade of the blockchain governance system to the Gov2 version.

Introducing Polkadot’s Gov2, an upgraded governance design for Polkadot nodes

Polkadot is a decentralized blockchain consisting of several parallel proof-of-stake chains, also known as parachains. Polkadot (DOT) nodes are leveraged by numerous dApps of all types.

The Polkadot network’s decision-making process is set to increase its capability to process a greater number of voting proposals and boost inclusivity and decentralization. Prior to being activated on Polkadot (DOT) nodes, the upgrade will initially be tested on Kusama - Polkadot’s highly scalable canary network.

Among some of the new updates are the ability to make simultaneous governance decisions and start referendums, the removal of the voting hierarchy, and the introduction of the Polkadot Fellowship organization.

*Polkadot adopts Fellowship and Origins, novel ecosystem instruments * The Polkadot Fellowship will replace the current Polkadot’s Technical Committee. Following the Polkadot founder’s statement, becoming a member of the Fellowship will be “as easy as placing a small deposit”.

Besides being well-informed, participants of the new self-governing and fully transparent body will work towards staying in line with Polkadot’s vision before coming out with the final decision.

Under the new upgrade, independent proposals will be known as “Origins”, the name highlighting the significance of community participation in the network’s maintenance. Moreover, each proposal is assigned a “track” in order to stay updated on the progress of the proposal.

Members of the Polkadot Fellowship responsible for the proposal are able to choose which Origin they would like to execute their proposal with, therefore, determining the track that particular proposal is set to go with and the way the proposal referendum is to be carried out.

How Can GetBlock Help Developers on Polkadot

Polkadot is a robust blockchain and a popular choice among Web3 developers. Via GetBlock, developers and entrepreneurs can get fast and reliable access to Polkadot’s ecosystem by implementing GetBlock’s shared and dedicated blockchain nodes into their decentralized projects. With the help of GetBlock’s cost-efficient API-driven infrastructure, clients can experiment with their businesses under realistic economic conditions.

Polkadot (DOT) shared nodes are the perfect first-entry solution for beginners offering peer-shared architecture; whereas Polkadot dedicated nodes are privately designed solutions with an unlimited number of requests.

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Nervos Network’s Hackathon BlockJam Invites Developers, Entrepreneurs and Web3 Enthusiasts

BlockJam, a 16-day online event, goes live to educate the next generation of crypto enthusiasts and create a meeting point for their interaction and socialization.

Nervos Network’ BlockJam virtual conference kicks off

According to the official statement by the Nervos Network team, its Blockjam conference launched on June 17th, 2022. Within the framework of the first section of this conference, DeFi, NFT and GameFi professionals and newbies were invited to attend talks and sessions with high-reputable speakers.

Together with other industry leaders, GetBlock’s business development guru Maria Key will speak about blockchain nodes and their role in Web3 development. Ms. Key will also cover GetBlock’s USP and its next steps of the roadmap.

Also, Nervos Network’s partners from Chainsafe and Filecoin, will be holding the discussions about ERC-1155 token standard and its role in new dApps’ development. The attendants will learn about the opportunities ERC-1155 standard unlocks for DeFi and Play-to-Earn designs.

Inter alia, BlockJam hackathon is focused on strengthening Nervos- and Godwoken-based ecosystem of decentralized applications. Nervos representatives will spread the word about last milestones accomplished by Nervos and its features for retail clients.

Introducing GameJam, a novel virtual hackathon for Play-to-Earn projects

On June 20 – July 4, 2022, BlockJam attendees will also be invited to take part in GameJam hackathon focused on blockchain-based gaming and various use-cases crucial for progress and adoption.

For instance, GameJam participants will be able to suggest their solutions for gameplay designs, in-game stores’ economical architecture, community building, value creation, and so on.

Top-tier GameFi experts will select the most promising products; $50,000 prize pool will be distributed between GameJam 2022 winners in various tracks.

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Year of Web3: GetBlock Strengthens its Positions Amidst Falling Market

As the majority of Web3 companies are cutting their marketing budgets and ‘reassessing headcounts’, GetBlock is going to explore new opportunities with recent partnerships and novel services added.

2022 for dApps: Year of Web3 or another ‘Crypto Winter’?

In June, 2022, aggregated cryptocurrency market capitalization slipped below $850 million for the first time since December, 2020. This, in turn, triggered the outflow of funds from crypto-based investing products and funds. Many speakers are indicating the start (or even bottom) of another Crypto Winther that can be similar to the 2018 recession.

At the same time, this controversial context can catalyze a new phase of Web3 revolution. First, there’s no need to focus on overhyped Play-to-Earn and GameFi protocols when prices are down. Gamblers are leaving the market, so the right moment to address fundamental goals of Web3 has come.

Then, bear markets are associated with lower salary expectations of developers and marketers; the projects can switch to healthier compensation models. Funds raised in 2021 can fuel 1-2 years of development for prudent CEOs.

All in all, nothing changed for ‘real’ builders: Q3-Q4 of 2022 still can unveil many interesting Web3 concepts addressing crucial bottlenecks and pains of a global blockchain ecosystem.

Reliable nodes provider for bear market

To meet the next bull rally locked and loaded, projects should equip themselves with cost-efficient and feature-rich infrastructure providers. To help them in doing so, GetBlock advances its services stack and expands its array of partnerships.

Recently, GetBlock launched node clusters functionality, an instrument for advanced security and traffic optimization for mainstream dApps. With node clusters, dApps of all types enjoy reliable connection to blockchain nodes even in times of maximum transactional pressure.

Also, GetBlock has entered into a long-term strategic collaboration with Nervos Network, a unique dual-layer programmatic blockchain. GetBlock rolled out shared and dedicated nodes for Nervos and its scalability network Godwoken. The GetBlock team was among the key speakers of the recent BlockJam conference by Nervos.

As such, GetBlock and its 40+ blockchain nodes APIs are ready to on-board dApps that are ready to change the narrative in Web3 in the next bullrun.

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Investing in Web3 Amidst Bear Market: GetBlock's Review of Opportunities

As market turmoil accelerates, investors and Web3 entrepreneurs are looking for reliable instruments to protect their gains from painful Crypto Winter. 

For traders: stablecoins, short positions with small leverage and ‘staking sats’

First of all, we need to accept that bear seasons (just like bull ones) are inevitable and normal phases of the market progress. As such, the ongoing situation is a regular one; when the dust settles, it is something crypto get through in 2015 and 2018.

It should be mentioned that the majority of instruments useful and profitable in bullish phases of market cycles become dangerous when prices go down. That said, you should be super-cautious using high leverage and searching for low-cap gems ‘to be early’.

Instead, you should reduce the risk rate of your portfolio; increasing the share of stablecoins might be a smart bet. Moreover, it’s better to re-allocate your stablecoin holdings between various centralized stablecoins, e.g. between BUSD, USDT, USDC, and GUSD.

If you’re not ready for such conservative U-turn, you can also consider experiments with opening short positions on Bitcoin and major altcoins. However, it’s better to avoid mid-caps, low-caps and high leverage as the risks of liquidation are enormous.

By the way, the bear market is the best time to start buying large-caps (Bitcoin, Ethereum, and so on) through a ‘Dollar-cost averaging’ strategy. This practice is about investing a fixed USD (or your local currency) amount on a regular basis, regardless of the crypto price. DCA protects investors from price fluctuations; it makes this strategy suitable for newbies in crypto.

For entrepreneurs: Best time to build your next Web3 big thing

For Web3 teams, bear markets allow them to focus on building new products. CEOs and investors are cutting budgets on marketing and promotion while short-term ‘gamblers’ are leaving the market.

As such, teams have an opportunity to create something sustainable and crucial for Web3 progress instead of overhyped Play-to-Earn platforms and NFT collections. Also, founders can hire officers with reasonable salaries. GetBlock is ready to support teams in these tough days. Our battle-tested nodes are open for all types of DeFis, wallets, non-custodial exchanges and so on. All champions of 2020 DeFi Summer started their development amidst the 2018-2019 recession while Bitcoin was seven (!) times cheaper than today. We’re ready to find a solution for every Web3 project regardless to its budget, scale and use-case it addresses.

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GetBlock to Attend Nervos' BlockJam 2022 Hackathon and Conference

Top-ranked on-chain gaming heavyweights and promising early-stage teams are coming to Nervos’ BlockJam to discuss latest trends of GameFi and share their vision on Web3 prospects. 

GetBlock joins BlockJam conference and hackathon for game developers

According to the official statement shared by the representatives of the GetBlock team, it is exciting to join BlockJam, a GameFi and Play-to-Earn hackathon organized by Nervos Network ecosystem.

BlockJam, an online forum and hackathon, kicks off on June 17, 2022. Its main purpose is to educate and excite traditional game developers about the opportunities blockchains can unlock for their products.

During the GameJam hackathon, leading blockchain-focused game developers will demonstrate their skills to peers, enthusiasts and crypto experts. The $50,000 prize pool will be distributed between the winners of various GameFi and Play-to-Earn tracks.

BlockJam’s participants will be able to create amazing new user experiences with blockchain tools and pioneer exciting on-chain gaming tokenomic models.

GetBlock representatives will be attending talks and educational sessions with top-tier web and blockchain experts. Also, our very own Maria Key will demonstrate key benefits of deploying decentralized applications to GetBlock’s shared and dedicated nodes.

GetBlock provides high-performance nodes for GameFi and Play-to-Earn ecosystems

For GetBlock this event is one of the crucial marketing milestones of 2022 as GameFi and Play-to-Earn segments are in the spotlight of its adoption strategy. GetBlock supercharges with its APIs various on-chain gaming ecosystems on Ethereum, BNB Chain, and Polygon.

Also, GetBlock rolled out shared and dedicated nodes for Nervos Network, and, most recently, its second-layer solution Godwoken. GetBlock is more than happy to fuel the next phase of the on-chain gaming revolution that is happening on Nervos right now. For further information about Nervos’ BlockJam event, please, don’t hesitate to sign up on https://globalblockjam.com/.

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How Will Web3 Affect eCommerce?

Here’s how Web3 could affect the eCommerce sector in the future

Throughout the years, the Internet has undergone a few drastic changes. The introduction of blockchain technology has resulted in forming a new version of the Internet known as Web3 - the Internet that strives to be secure, private, and decentralized. Naturally, every sector of the World Wide Web could get affected by these changes, including eCommerce.

Let’s take a look at what buying and selling goods could look like on the Internet of the Future.

What is Web3? 

Web1 emerged in the early 1990s. Back then the Internet was static, hardly interactive, and mostly relied on using read-only content and links. 

Web2 took the online world to the next step. Today’s users are hooked on social media: posting pictures and videos of their daily life, interacting with other people’s content, making online purchases. The list goes on and on.

What Web2 lacks is security. The eCommerce sector, as prosperous as it is, does not guarantee any protection of users’ sensitive data. Some companies even use their clients’ personal information to create advertisements and “once in a lifetime” offers.

This is when Web3 steps us. Through Web3 users gain access to blockchain technology, which allows them to control their personal data, privacy, and finances. 

Web3: What eCommerce May Look Like

It’s hard to imagine the Internet with no central authority; however, Web3 claims that users will get to experience full control over their digital assets. Indeed, decentralization is exactly what makes blockchain technology appealing. In Web3, users can run transactions on a blockchain, and participate in protocols with the help of crypto and NFTs. There are so many new opportunities!

Not so fast, though. Web3 needs API-driven technology to connect to blockchains, which is provided by third-party firms. Users might still have to share a bit of their autonomy with bigger corporations. Some experts, nevertheless, deny the accusation stating that running services on a blockchain will be accessible for both companies and users in the near future. 

GetBlock in Web3

As a matter of fact, eCommerce transactions could become even faster, cheaper, and more secure in Web3, since they do not require any personal information from users. A Decentralized Autonomous Organization (DAO) plays a key role in maintaining the process by working with smart contracts, which are also open to the public. 

eCommerce is unlikely to disappear any time soon. In fact, it can evolve into a never-seen-before digital universe, reliant on blockchain and token-based ecosystems.

GetBlock understands the importance of providing top-notch services for Web3 developers. With GetBlock’s API-driven shared and dedicated nodes, clients gain access to over 40 networks, including Bitcoin, Ethereum, BNB Chain. Entrepreneurs can experiment with their dApps under realistic conditions and come out with the best version of the product, skyrocketing to success. 

Moreover, GetBlock’s Blockchain Explorer can retrieve key information regarding the blockchain, making it possible to tailor even the smallest details of the client’s product. 

If you have any further questions, please do not hesitate to contact GetBlock via Telegram at https://t.me/getblockio_eng or Write to GetBlock. 

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GetBlock's Most Popular Nodes in Focus: Hottest APIs of Q2, 2022

Blockchain-as-a-Service heavyweight GetBlock, a top-tier blockchain nodes provider, registers record-breaking upsurge of traffic to two groups of nodes.

Bitcoin, Ethereum, BNB Chain, Tron: GetBlock ensures reliable access to giants’ nodes

According to the results of June, 2022 review by GetBlock’s engineering team, two groups of blockchains eclipsed competitors’ solutions in terms of developers interest.

The first one is a ‘top league’: it includes Bitcoin and large-cap altcoins Ethereum, BNB Chain and Tron. Despite Bitcoin not supporting smart contracts by default, it is leveraged by trading bots, wallets and analytical services for R&D purposes.

GetBlock’s node APIs for Ethereum, BNB Chain and Tron are utilized by dozens of applications: Play-to-Earn games, DeFis, NFT marketplaces, wallets, and so on. Traditionally, Ethereum and BNB Chain are top platforms for decentralized finance protocols while Tron nodes host high-risk and gambling applications.

For all mentioned blockchains, GetBlock offers shared and dedicated nodes available via WebSockets, REST API and JSON methods.

Build your dApp on next-gen blockchains Solana, Avalanche with GetBlock 

Besides veteran blockchains, developers in 2022 are interested in experiments with high-performance Proof-of-Stake platforms like Solana and Avalanche. Both Solana and Avalanche became mainstream in 2021 due to impressive scalability, high transactional bandwidth and negligible fees.

In Q2, 2022, Avalanche blockchain activated Subnets mechanism: it allows decentralized applications to work with their own ‘sub-blockchains’ to optimize resource-efficiency and reduce latency of the operations.

GetBlock was among the first crypto nodes providers to add both Solana and Avalanche: it is appreciated by the global developers community. Teams of DEXes, wallets, retail applications are building on our shared and dedicated nodes of novel PoS blockchains.

Last but not least, GetBlock noticed a spike in Gnosis Chain’s popularity (previously xDai), a last-gen smart contracts platform and long-term partner of GetBlock nodes ecosystem.

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NEAR Partnership, BitTorrent Chain and TON APIs, AMA with DASH: 2022 in GetBlock

Despite the dramatic collapse cryptocurrency markets witnessed in Q2, 2022, GetBlock’s development and marketing processes go like clockwork. Here’s the shortest recap of what we achieved in the first months of 2022.

GetBlock and NEAR entered into a long-term partnership

In May, 2022, GetBlock partnered one of the most technically advanced blockchains, NEAR Protocol (NEAR). GetBlock is among the leading providers of NEAR Protocol’s APIs: our clients are using both shared and dedicated nodes of NEAR.

With new partnership inked, GetBlock received an ecosystem grant by NEAR Foundation. This grant is set to fuel the development of the first feature-rich explorer for the NEAR ecosystem. As a leading nodes provider, GetBlock has unmatched expertise in building customized blockchain explorers from scratch.

Also, in May, GetBlock scored partnerships with DropsTab crypto prices dashboard and CardStack, first-ever OS for Web3 purposes.

BitTorrent Chain, TON nodes added: Why is it crucial?

Then, GetBlock added new offers to its nodes stack. We activated shared and dedicated nodes of BitTorrent Chain, an eccentric project based on the legendary BitTorrent peer-to-peer data exchange protocol. Currently, it is controlled by Justin Sun’s Tron Foundation.

Also, we integrated shared and dedicated nodes of The Open Network (previously Telegram Open Network). Initially designed as a Telegram’s payments system, The Open Network or TON gains steam as a high-performance Proof-of-Stake (PoS) blockchain.

Decentralized applications’ ecosystems of both blockchains are still in nascent stages. As such, GetBlock’s clients of BTTC and TON nodes can unlock ‘first mover advantage’ for their products.

AMA with Dash (DASH) team and new videos

In terms of community building, the GetBlock team was laser-focused on educational content. Maria Key, our Business Development manager sat down with Marina Siradegyan, Marketing Manager at Dash to discuss the features of Dash APIs for crypto businesses.

Also, we released new videos to cover the operations of our Bitcoin Cash (BCH), Dogecoin (DOGE) and Polkadot (DOT) shared nodes.

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Act-to-Earn, End of Ponzis, Real-World NFTs: GetBlock's Review of dApps Trends for 2023

GetBlock, a flagship vendor of blockchain nodes APIs, on-boards all types of decentralized applications. As such, we track general trends in the crypto sphere; here is the brief review for the upcoming year.

Play-to-Earn, Move-to-Earn, What Else?

Inspired by Play-to-Earn euphoria of 2021, Move-to-Earn trend started dominating the crypto segment in Q1, 2022. Actually, it’s all about the ecosystem of applications that guarantee periodical rewards for this or that type of activity.

This concept is of a crucial importance for marketing campaigns of all types as it allows marketers to easily motivate potential and existing users of their projects to perform targeted activity: watching ads, testing products, and so on.

With its opportunity to process microtransactions, blockchains are perfect technical environments for such applications; they are low-cost, easy-to-customize  As such, more and more brands will be interested in integrating their products to ‘Act-to-Earn’ platforms of various 

No More Sky-Rocketing APYs

After the dramatic collapse of Anchor Protocol (ANC) that had offered 19,5 percent APY on deposits in TerraUSD (UST) stablecoin, people will be cautious about high-yield passive income options in DeFi.

This, in turn, will catalyze two processes. First and foremost, DeFis will re-organize their tokenomical models in order to make them more sustainable though less peoritable for retail cryptocurrency users.

Also, centralized cryptocurrency protocols like Binance or Coinbase will have ‘unfair advantage’ as they ‘by default’ have more resources to optimize their staking and yield farming modules. From Apes and Punks to Certificates and IDs

In the coming year, NFT world will highly likely leave its focus on mind-blowing speculations, entertainment and digital art and supercharge ‘serious’ concepts from the spheres of IP rights protection, digital identity management, personal data protection, documents verification, and so on.

That’s why we will highly likely see the inception of protocols designed to leverage the disruptive potential of non-fungible tokens technology for mentioned use-cases. In turn, the popularity of ‘tokenized jpegs’ might vanish in 2023.

GetBlock is ready to welcome all dApps of the upcoming segments to its blockchain nodes stack. Our high-performance, low-latency and cost-optimized APYs are ready to supercharge truly flagship solutions of an entire Web3 market in 2023.

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GetBlock Blockchain Nodes Provider On-Boards High-Performance Oracle Solutions

Blockchain oracles should be referred to as the pivotal elements of global Web3 infrastructure. They are responsible for broadcasting asset prices and other sensitive information to various dApps.

GetBlock nodes APIs are integrated into leading oracles platforms: Case of SupraOracles

Blockchain oracles are actually smart contracts required for real-time data processing in decentralized systems. Namely, oracles can be integrated by decentralized finances protocols (DeFis) for seamless and accurate prices broadcasting.

This fact makes blockchain oracles a backbone element of modern cryptocurrencies ecosystem: for instance, the wrong settings utilized by Chainlink oracles resulted in collapse of some DeFis amidst LUNA and UST drama.

SupraOracles is one of the most technically advanced oracle solutions in the global Web3 segment. Its infrastructure supercharges industry heavyweights in the sphere of blockchain, DLTs, Big Data as well as Big 4 audit firms.

GetBlock entered into a long-term strategic partnership with SupraOracles in Q4, 2021. GetBlock was chosen by SupraOracles as technical partner  to run a node and provide backup nodes in SupraOracles’ ecosystem.

Joshua D. Tobkin, CEO and Co-founder of SupraOracles, added that next phases of his team’s collaboration with GetBlock will include joint events and R&D initiatives:

We are selecting GetBlock to run a node due to its team’s reliability and market reputation. Our team is working closely with GetBlock’s team to understand and address the challenges that face node operations. In the future, we may plan for some AMMs and hackathons with their team. We see this as a long-term partnership with opportunities for further collaboration

Reliable decentralized back-end for Web3 era

Blockchain oracles are among the most challenging use-cases for GetBlock’s technical platform: running oracles require very low latency as even minor delay may create dangerous arbitrage opportunities.

GetBlock is ready to address this use-case with its dedicated nodes: our geographically distributed network of servers works across U.S., Europe, and Asia. Dedicated nodes can be rolled-out by request; GetBlock runs nodes on 16-thread CPUs and with 64 GB DDR4 RAM and high-end NVMe SSDs.

Both shared and dedicated nodes achieve 1 GBit/sec speed which is sufficient for running modern dApps of all sorts.