Connect with us


Fabien Dureuil | Dune.Network Interview

what is Dune all about inRead More →

The post Fabien Dureuil | Dune.Network Interview appeared first on Crypto Core Media.

Republished by Plato



what is Dune all about in a Nutshell? Tell us about you and your team
and how large is the Dune Community? How Many years have you been
working on Dune?

The team has been working on Tezos since 2016. They switched to Dune
in June 2019, but they already had a tuned version of Tezos for
private networks before.

How Does it relate to Tezos?

Dune Network is based on Tezos software. It is currently very close,
so most tools available for Tezos will work without major
modifications with Dune Network. However, the two will diverge in the
future, it has already started.

Who are Origin Labs?

It’s the former blockchain team at OCamlPro, they left OCamlPro to
create a company completely focused on the Dune Network project.

Features: How does this Baker Proxy work? Does it add extra privacy?

Usually, a baker is on the same computer as a Dune node, probably in
the cloud. If you want to use a Ledger Nano S to sign blocks, you
cannot connect it to that server, so you have to have a local
computer, with just a signer on it and the Ledger (we use Raspberry Pi
for that). This computer is a liability, so it needs extra protection,
so you can put it behind a firewall, it will just connect to the node
and sign the operations.

What is IronMin?

A Tezos node uses a lot of disk space, about 230 GB in one
year. Ironmin is a solution to that problem, it reduces the storage to
under 25 GB. Yet, it was not accepted by Tezos (because it came from
OCamlPro ?), but it will be in Dune Network in the next
version. Irmin2 also solves the same problem, but Ironmin is much

How is it possible to use Dune wallets offline with no internet connection?

The next version of Dune’s client can forge an operation, sign it
offline and then inject it once the internet connection is back. It’s
an important feature for people caring about security.
How does on-chain Governance work, can you give me an example on how you see it being used in a real-world scenario?

On-chain governance in Dune will be used to vote for the Dune Council,
which takes the big decisions for the project. The details are not all
fixed yet, in particular, whether stakers will vote for individuals or
for teams. We want it to be as efficient as possible to preserve the
current dynamics of the project.

What privacy might people have to give up to use governance?

We might introduce some anonymity in votes, to avoid some problems
that we see on Tezos (organizations putting pressure on bakers to
change their votes).

How large is the Dune Dapp ecosystem currently and what are your favorite Dapps?

A bit early, but lot’s of things being built right now…

Tell me about the airdrop and why you did it? Marketing? Exposure?

In technology, Dune is close to Tezos. We wanted to have an initial
set of users, so it made sense to choose the people who were the most
interested in the technology, i.e. those who invested in Tezos. Also,
it is a community that we already knew, that could easily switch from
Tezos to Dune, especially because they see in Dune a dynamic that is
missing in the Tezos ecosystem.

How would DunePY attract Python devs to use Dune?

DunePy is one of the languages that we want to support natively in
Dune Network. We might actually also support Solidity at some point.
Learning to develop in a blockchain environment can be difficult, it’s
even more if you have to also learn a completely new language. With
Dune, we tried to decrease the difficulty by supporting well-known
languages, so that devs can immediately be productive in their
favorite languages. Once they know the environment, they can start
learning safer languages, like Liquidity for LoveVM. The team also working on implementing Move language



Economist: Ethereum and Bitcoin Look “Bullish” After Withstanding “Macro Beating”

Republished by Plato



Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.”

Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets.

Royal Macro Beating Can’t Take Down Bullish Bitcoin And Ethereum

This week, the stock market plunged, and precious metals saw a sharp selloff as the macro environment remains uneasy globally. Yet somehow, amidst a “royal macro beating”, Ethereum and Bitcoin have held up comparably well.

Economist and trader Alex Kruger says the resiliency is “bullish” for Bitcoin and Ethereum. The two top crypto assets have been in an uptrend for a full year now, and the recent macro jitters have been the first major bump in the road since.

Related Reading | “Wonderful” Shark Tank Investor Shifts Portion of Portfolio To Bitcoin and Ethereum 

Bitcoin exploded from lows around $4,000 to $58,000 per » Read more

” href=”” data-wpel-link=”internal”>coin at the high, while Ethereum fell to under $100 and has risen to $2,000 since. The more than 10x rise, however, might be nowhere near the finish line, and holding up so well here could be the catalyst that sends the cryptocurrencies higher through the resistance level.

bitcoin and Ethereum macro beating

Ethereum and Bitcoin have held up extremely well compared to the S&P 500 and gold. | ETHUSD on

The Changing Of The Guard To Crypto Is Underway

The stock market is on thin ice, and precious metals cannot be upgraded or updated, and have limited use in the future as a store of value compared to cryptocurrencies.

The digital gold narrative has been working, and the steepness of the gold selloff above shows how effective the narrative has been. Crypto prices holding up so well while gold plummets, could send even more capital flowing out of metals and into the scarce digital asset.

Related Reading | Mark Cuban Slams Peter Schiff: Gold is Dead, Bitcoin and Ethereum Are Today

Profit-taking in the currency overheated stock market will want to follow the money, wherever the grass is greener and profits are consistent. If that place is the crypto market, the flood gates of capital could finally be coming that helps to push Bitcoin to prices of hundreds of thousands of dollars per » Read more

” href=”” data-wpel-link=”internal”>coin, and tens of thousands of dollars per Ether.

The nascent technologies are only now coming into their own as financial assets, and institutional investors have begun to recognize the shift from traditional assets, to digital ones, and the ones who have been early thus far have been the most profitable.

Will Bitcoin and Ethereum continue to hold up this well, or will they ultimately succumb to the continuing macro beating going on across markets right now?

Featured image from Deposit Photos, Charts from

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
The Easiest Way to Way To Trade Crypto.

Continue Reading


3 million active users help lift Audius (AUDIO) to a new all-time high

Republished by Plato



As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today’s most used technologies is bound to increase. This means that it’s only a matter of time before video streaming, digital music and social media see gradual blockchain integrations take place. 

Audius (AUDIO) is one project that is chasing the first-mover advantage in the music streaming sector. The music-sharing and streaming protocol facilitates transactions between creators and listeners, making it relatively effortless for users to distribute and monetize audio content. 

The project has received increasing attention for its approach to decentralizing the music industry and on March 2 the team celebrated reaching 3 million monthly active users. 

Data from Cointelegraph Markets and TradingView shows that the price of AUDIO surged 108% since the start of March from a low of $0.38 to a new all-time high of $0.79 on March 4 as the altcoin’s trading volume spiked from $3 million to a record $55 million.

AUDIO/USDT 4-hour chart. Source: TradingView

Staking incentives drive user adoption

The first major increase in users followed the project’s October 2020 launch and the activation of staking on the Audius platform in December. This enabled AUDIO holders to earn a 7% yield for tokens that were staked on the network while they listening to music and interacted with the protocol.

By the end of January, the platform had 1.8 million active users and a total of 122 million AUDIO tokens staked on the network. These figures have since increased to 3 million users and a total of 182.5 million staked AUDIO as the platform continues to integrate new features that incentivize community involvement.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for AUDIO on Feb. 28, prior to the recent price rise.

The VORTECS™ score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score (green) vs. AUDIO price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ score for AUDIO hit a peak of 69 on Feb. 28, just before the start of a prolonged uptrend in price which was further identified by a VORTECS™ score of 80 on March 1. After pulling back over the next 3 days the score again spiked to 70, just hours before a significant rise in the price of AUDIO.

On March 5, the project revealed its plans to integrate non-fungible tokens (NFT) into the protocol as part of its effort to offer a full-service decentralized platform and expand its user base.

NFTs have become a hot topic in the cryptocurrency sector in recent months, and their integration into the AUDIO platform is likely to bring a renewed wave of interaction from users.

As blockchain technology continues to become more prominent in mainstream society, Audius appears well-positioned to become a leader in the streaming music space thanks to a rapidly expanding user base and a growing list of incentives that entice users to stay active on the platform.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Every investment and trading move involves risk, you should conduct your own research when making a decision.

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
The Easiest Way to Way To Trade Crypto.

Continue Reading


Bybit to Cease Services for UK Citizens Following the FCA Ban on Crypto Derivatives Trading

Republished by Plato



The first consequences from the FCA ban on crypto derivatives trading in the UK are evident for the popular digital asset exchange Bybit. The company announced earlier that it will suspend its services to all customers based in the United Kingdom. 

  • Established in 2018, Bybit is a cryptocurrency exchange headquartered in Singapore with a reported user base of over one million registered clients. However, the firm will seize offering its services to UK-based customers, according to a recent press release
  • The statement informed that all UK users have to close all of their opened positions and withdraw all account balances by 8 AM UTC, March 31st, 2021. Following that date, UK citizens will be “restricted from accessing or performing any trading activities on Bybit.” 
  • Furthermore, the exchange will immediately restrict all new registrations using UK mobile numbers and/or IP addresses. 
  • Bybit’s decision is a direct consequence of a ban on crypto derivatives trading in the UK instituted by the country’s regulator – the Financial Conduct Authority (FCA). 
  • CryptoPotato reported last year that the watchdog planned to prohibit the sale, marketing, and distribution to all retail customers of crypto derivatives and exchange-traded notes (ETNs).  
  • At the time, the FCA described such products as “ill-suited for retail customers due to the harm they pose.” It also outlined that traders are unable to determine a reliable value because of the extreme volatility in the market and inadequate understanding. 
  • Interestingly, though, even the UK population couldn’t stop the FCA from implementing the ban as a survey compiled by the watchdog suggested that over 97% disagreed with the decision. 
Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC.

You Might Also Like:

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
The Easiest Way to Way To Trade Crypto.

Continue Reading
Blockchain4 days ago

Why Mark Cuban is looking forward to Ethereum’s use cases

Blockchain3 days ago

Amplifying Her Voice

Blockchain3 days ago

Libra Coin – A New Digital Currency Developed by FACEBOOK

Blockchain5 days ago

The Sony PlayStation 5 Game Console Mining Ethereum with almost 100 MH/s is Not True!

Blockchain3 days ago

Blockchain in Sports Betting

Blockchain3 days ago

Bitcoin Halving: Definitive Guide (In Just 5 Minutes)

Blockchain3 days ago

DeFi token CRV spikes after reports PayPal acquired unrelated custody firm Curv

Blockchain2 days ago

Will Netflix soon buy bitcoin?

Blockchain3 days ago

DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

Blockchain22 hours ago

How to Protect Yourself from the Cryptojacking Threat

Blockchain2 days ago

3 key Ethereum price metrics show pro traders are aiming for $2K ETH

Blockchain1 day ago

Crypto fund KR1 makes investment in blockchain data protocol LazyLedger

Blockchain1 day ago

BitGo To Introduce Crypto Custodial Services To New York Clients

Blockchain1 day ago

XRP Price Analysis: 04 March

Blockchain3 days ago

The Hard Sell

Blockchain2 days ago

Bitcoin HODL Waves Suggest Bull Run Has Barely Started

Blockchain18 hours ago

Mark Cuban’s Dallas Mavericks to Accept Dogecoin Payments

Blockchain1 day ago

Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR’s

Blockchain3 days ago

Da Vinci Capital Reportedly Requests $100 Million from Telegram for TON’s Failure

Blockchain2 days ago

Ethereum’s price prospects: What you need to know