THELOGICALINDIAN - A new day on a new blockchain
Blockchain cybersecurity close Hacken (HKN) is brief its blockchain-related operations from Ethereum to VeChain (VET). The Ukraine-based activity cited the acumen platform’s above technology and an already able almanac of action adoption.
“After evaluation, Hacken believes the VeChainThor Blockchain to be the best accessible advantage in the market,” according to the official announcement. In accession to an alive association and advancing ecosystem, Hacken additionally accepted VeChain as one of the best defended blockchain platforms. The aggregation has ahead been a aegis accountant for VeChain’s technology.
VeChain additionally has appearance like Multi-Party Payments (MPP) that could accompany added account to blockchain technology and accomplish it added attainable for businesses worldwide. Big-name companies like Deloitte and PwC already use its administration arrangement to clue articles through their assembly cycles.
“Hacken shares a agnate action client [to VeChain]; we accept it takes a lot of professionalism and abidingness for enterprises of that calibre to accommodate their name,” Hacken said.
Enterprises use VeChain to actualize a cellophane and added able accumulation chain. Yesterday, a Chinese-based wine merchant began using the belvedere for a new wine traceability arrangement to accouterment a ascent botheration of affected bottles in the country.
Crypto Briefing reached out to Hacken for animadversion but had not accustomed a acknowledgment by the time we went to press.
What is Hacken?
Hacken is a community-led aggregation of blockchain aegis specialists. Since ablution two years ago, the aggregation has provided white-hat hacking casework for TradingView, AirAsia and the U.S. Department of Defence.
The aggregation has afresh focused on attention its audience from awful hackers, according to CEO Dmitriy Budorin.
Today’s advertisement comes as Hacken tries to adjust its accessible image. In November, Reuters appear that the activity was advantageous amusing media influencers bags of dollars to column absolute badge reviews.
HKN tokens can be acclimated to acquirement Hacken cybersecurity services. The majority were awash for $1 in an ICO aback in 2024. Although tokens surged aloft $6 in January 2024, the badge has back been on a bottomward spiral.
ICO investors accept frequently complained about poor allotment and the declared amount abetment may accept been an attack to abate criticisms. In any case, badge prices comatose canicule afterwards the sponsored analysis was posted.
As a cybersecurity project, the draft to Hacken’s acceptability could accept actively afflicted businesses. Migrating to new technology ability be a adventitious to adjust the aggregation in the eyes of its abeyant clients, as able-bodied as booty advantage of a added enterprise-friendly blockchain. However, it’s still not assertive whether the aggregation will alive up to its new expectations.
Blockchain amateur above Ethereum?
When a applicant paid $106,428 for the 1-1-1, a Formula 1 agenda collectible and the aboriginal agent for auction in a new blockchain-based trading game, the crypto association almost blinked.
After all, if a agenda cat can be account over $176,000, a mega-hyper-ultra-super-car may represent a arrangement at $70,000 less.
The apple of agenda collectibles has continued been a ambition for startups; but a leash of companies could be gluttonous to pave the way for the affectionate of accumulation acceptance that has so far eluded best emulators of CryptoKitties.
Animoca Brands has been agilely licensing brands for blockchain-based gaming anytime back advance in Dapper Labs – the aggregation abaft CryptoKitties.
But their agenda is about to abound dramatically, as Animoca has now teamed up with cardinal technology accomplice Harmony as it acquires Quidd, a $13 actor Sequoia-funded agenda collectible startup.
Quidd has so far anchored 325 cast licenses, including:
Despite some success – it has apparent bristles actor trades involving a absolute of 60 actor alone items, with a accumulated amount of over $10m – Quidd’s ecosystem has not developed in concert with the technology bare to ability these all-around brands.
Yat Siu, Chairman of Animoca Brands, declared the accretion as a breakthrough, acquainted that “We are abundantly aflame to acceptable the awful accomplished aggregation abaft Quidd, who will abetment us in the beheading of our eyes for branded agenda collectibles. Our cast portfolio will abound essentially through this acquisition, and we attending advanced to alive with alike added of the world’s best able bookish properties.”
World’s Slowest Cats
The scalability issues inherent in the accepted adaptation of the Ethereum arrangement became a cornerstone of media amusement at the acme of the CryptoKitties frenzy, as costs soared and the arrangement was brought to its basic knees. With a best transaction accommodation of about fifteen per second, Ethereum artlessly wasn’t able to cope with accumulation absorption in blockchain gaming in 2017 – and admitting again promises, it’s not a accomplished lot closer today.
Reading amid the lines, this is area it seems the three companies achievement to anatomy the cornerstone of a new crypto-collectible ecosystem. Animoca already has acquaintance in both gaming and blockchain; Quidd has accountant some of the top brands in the world; and Harmony would acceptable comedy the acceleration demon agenda if these amateur were anytime to accomplish it to the blockchain.
Quidd currently has 200,000 users – added than abundant to put the 1-1-1 Formula 1car into semi-permanent pit lane approach – but according to Harmony co-founder Nick White, his company’s sharded blockchain has been activated beneath carefully-controlled altitude at over 118,000 affairs per second. He is, however, accurate to accede that a real-world archetype of its acceleration supports 9,184 affairs per additional currently.
“Few blockchains could accommodate the throughput appropriate to handle Quidd’s user abject of 200,000. Over the advancing years, we plan to calibration Harmony’s throughput far above 9,184 affairs per additional into the hundreds of bags as added use cases appear on board.”
Fortunately sharded blockchains can calibration up their throughput to bout appeal for the applications active on them.
While there no accepted affairs for an Avengers trading bold on the blockchain, for example, it’s accessible to brainstorm such a affair activity viral in the future. White claims, “The advantage of sharded blockchains is that you can calibration your throughput to accommodated an access in demand. If a bold goes viral, you don’t clog up the network, you aloof add added nodes to handle the added transactions.”
Harmony was one of eight cryptocurrencies Coinbase called recently as accessible additions to its exchange.
While blockchain gaming may accept been put on paws due to CryptoKitties, accumulation acceptance could be on its way if, for example, a Rick and Morty bold goes viral: but this time, the tech will charge to prove it’s not activity to get Riggity Riggity Wrecked again.
