The cryptocurrency startup Bolt Labs, together with Nomadic Labs and Metastate, is developing the zkChannels protocol for anonymous micropayments on the Tezos blockchain. According to the developers, zkChannels is a network-independent protocol with which you can make cheap and anonymous transactions between buyers and sellers “in the style of Lightning Network”. The solution is planned to be implemented in the Tezos blockchain next year. To ensure a high level of confidentiality, data in zkChannel will

The European Innovation Council has issued grants for $ 5.6 million to six projects using blockchain to solve critical social problems. This week, the European Innovation Council (EIC) issued grants of $ 5.6 million to six blockchain projects under the blockchain for social welfare program. “Six winners were selected during the contest, which determined the best scalable, deployable and effective solutions on the blockchain for social tasks,” the organizers explained. Solutions include blockchain applications focused

According to a new Glassnode report, the number of large Bitcoin holders has been growing for the first time since 2016, but the amount of BTC they hold is decreasing.According to Glassnode, for the first time since 2016, the number of “whales” – large cryptocurrency holders owning at least 1,000 BTC, has begun to grow. However, the average deposit amount of these large investors is reduced. “Despite an increase in the number of whales this

The BHP Group, one of the largest mining companies in the world, sold $ 14 million worth of iron ore using a blockchain platform.A mineral sale transaction was concluded between BHP and China Baowu Steel Group, a subsidiary of China Baoshan Iron & Steel (Baosteel). The $ 14 million transaction was conducted through a blockchain-based platform developed by Canadian technology company MineHub Technologies. BHP’s Director of Trade and Marketing, Michiel Hovers, explained that the company