The original Terra lending protocol, Mars Hub, announced the launch of its independent Cosmos application chain on Jan. 31, along with the issue of MARS tokens to users who hold it during the two snapshots on Terra Classic. According to a statement on Jan. 20, the Mars Hub mainnet will go live with 16 genesis validators, including Block Pane, Chill Validation, Chorus One, Cosmology, CryptoCrew Validators, ECO Stake, among others. An additional 34 slots for permissionless validators will be available post-launch. On January 31, Mars Hub Mainnet will go live. - $MARS Airdrop. - Red Bank and Credit Accounts on …

After four years of development and millions in funding, the layer-1 blockchain Aptos (APT) has finally launched its mainnet, though it has been marred by mixed reception. The much-anticipated proof-of-stake blockchain, dubbed by some as a “Solana killer” due to its claimed 160,000 transactions per second (TPS) has launched its mainnet on Oct. 17. However, some members of the community have pointed out that the previously claimed TPS is falling far short of expectations on the mainnet. According to Aptos’ blockchain explorer the network is seeing around 4 TPS at the time of writing, while some users on Twitter have …

A new layer-3 (L3) prototype aimed at further solving Ethereum’s scalability issues is set to be deployed for testing as soon as Q1 2023. zkSync, a provider of zero-knowledge blockchain solutions on Oct. 10 announced it is aiming to deploy a new EVM-compatible layer-3 prototype called “Pathfinder” on testnet early next year. zkSync is a L2 Ethereum scaling protocol designed to bring down network usage costs. It launched a 1.0 version back in June 2020, and is now gearing up for the launch of zkSync 2.0 later this month. In its most recent blog post the team explained that the …

Digital asset investment firm GEM Digital Limited (GEM) has committed $50 million to finance ParallelChain Lab following the launch of its mainnet and native token listing, XPLL, in Q4 2022. As a proof-of-stake (PoS) layer-1 protocol, ParallelChain aims to bridge the infrastructure divide between centralized (CeFi) and decentralized finance (DeFi). The soon-to-be-launched ParallelChain Mainnet is open source and based on a PoS consensus mechanism dedicated to maintaining a fair distribution of power. The permissioned ParallelChain Enterprise, on the other hand, will ensure the secrecy of transactions using a patented Proof-of-Immutability mechanism. The two platforms, together, intend to deliver an architecture …