SCOOP: Chorus One, a provider of staking services for more than 40 blockchains and protocols, is venturing into peer-to-peer network Urbit. By Liqquidity.
The new hosting platform, called Red Horizon, marks the first foray onto the Urbit network by a major blockchain or technology player that was not originally building within the close-knit ecosystem, according to Chorus One's Gary Lieberman.that works largely by giving each user a"personal server" to store their own data; when users interact over the network, they each keep local records of those interactions. It was started in 2002 well before Bitcoin's launch in 2009.
The network isn't technically a blockchain but shares many of the same ideals, such as trying to short-circuit middlemen and centralized"The new hosting service could be"ideal for the general public, DAOs and any other community interested in leaving MegaCorps behind," according to Chorus One's press release on the launch.
A frequent criticism of Urbit – acknowledged even by top developers within the ecosystem – is that it's complicated to understand and difficult to use. The introduction of hosting providers grew partly out of an effort to attract more users – essentially making it easy for people to easily get an ID on the network in exchange for a fee.noting that the number of IDs or"ships" on the network had surged over the past year, as more hosting services became available.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Two arrests made in fatal Queens shooting that stemmed from cooking argumentThe arrests come after last month's deadly shooting that left one dead and one injured.
Read more »
This software stock can pop nearly 20% thanks to its early-mover advantage in A.I., Wolfe Research saysAnalyst Alex Zukin raised his rating on shares to outperform from peer perform.
Read more »
Binance CEO on Reasons for Altcoin Annihilation: 'No One Really Knows'Changpeng Zhao explained why we should not overestimate theories spread on Twitter by anonymous commentators
Read more »
Zuckerberg Announces Bold Plan to Jam AI Into 'Every Single One of Our Products'Meta-formerly-Facebook CEO Mark Zuckerberg has a genius new plot to add some interest to Meta products: just put generative AI everywhere.
Read more »
How one brave woman took down a power-hungry Ku Klux Klan leaderTimothy Egan’s new book describes the Prohibition-era tale of a power-crazed Klan leader and the woman, Madge Oberholtzer, that helped to bring him — and the KKK — down.
Read more »