Altcoin Daily starts off with JP Morgan who sends its private clients -with a minimum balance of $10m- a Primer on Crypto. The bank seems to send out mixed signals in public where they state that ‘there isn’t demand yet from their clients’, and on the other side inform in private their high-net clients about bitcoin and how to get in. Are they trying to get ‘the elite’ in?
Polkadot is partnering with UC Berkeley where they are going to advise students and entrepreneurs with the goal of launching high-value blockchain startups in general and in the Polkadot and Web 3.0 ecosystem. (3:30)
Cardano is now 90% decentralized with an ETA of 100% decentralization on March 31st. After that, all new blocks will be made by stake pool operators which is a major step up of the platform. (5:05)
Enjin is to tackle soaring gas fees with new blockchain products which will increase support for NFTs while removing ETHs expensive gas fees from the equation. Enjin is building JumpNet, an interoperable bridging network that will operate under a proof-of-authority consensus mechanism and will launch on April 6. Furthermore Enjin is developing Efinity which is expected to become Enjin’s public blockchain. (6:10)
Chainlink can now service 10x the data for DeFi. The team announced their latest client upgrade, Off-Chain Reporting (OCR) which provides efficiency improvements to how data is processed and moved across Chainlink oracles, resulting in a ±90% reduction in oracle operation costs. (8:55)
PAID Network (a DeFi network) exploiter net $3 million in infinite mint attach which caused a major crash. Thanks to prompt action of the team worse could be prevented. (10:50)
This episode premiered March 8, 2021.