🚀 Vitalik Buterin Criticizes L1 Blockchain Founders' Priorities
#VitalikButerin #L1Blockchain #BlockchainFounders #CensorshipResistance #Decentralization #Robustness #VentureCapitalists
According to Foresight News, Ethereum founder Vitalik Buterin has commented on a satirical image regarding the visions of Layer 1 (L1) blockchain founders and venture capitalists. Buterin pointed out that if an L1 blockchain founder's 'north star' or ultimate goal includes phrases like 'chain go fast' but fails to mention terms such as 'robustness,' 'censorship resistance,' or 'decentralization,' it clearly reveals their true priorities.#VitalikButerin #L1Blockchain #BlockchainFounders #CensorshipResistance #Decentralization #Robustness #VentureCapitalists
🚀 Dinari to Launch L1 Blockchain for Securities Coordination
#Dinari #L1Blockchain #Securities #Tokenization #Avalanche #Testnet #PublicRelease #FINRA #TokenizedSecurities #USMarket
According to Foresight News, U.S.-based tokenization company Dinari is set to introduce the Dinari Financial Network, an L1 blockchain designed to serve as a coordination and settlement layer for securities issued on networks like Arbitrum. This blockchain is custom-built using the Avalanche (AVAX) technology stack. The testnet is currently operational, with plans for a public release in the coming weeks.
In June of this year, Dinari secured broker-dealer registration from the U.S. Financial Industry Regulatory Authority (FINRA). This approval allows the company to tokenize securities from the U.S. National Market System (NMS), providing a compliant solution for issuing tokenized versions of publicly traded U.S. stocks.#Dinari #L1Blockchain #Securities #Tokenization #Avalanche #Testnet #PublicRelease #FINRA #TokenizedSecurities #USMarket
🚀 Google Cloud Introduces L1 Blockchain GCUL for Financial Infrastructure
#GoogleCloud #L1blockchain #GCUL #tokenizedassets #CME #Python #smartcontracts #onchaincurrency #financialinfrastructure #capitalmarkets #payments #privateTestnet
According to PANews, Google Cloud has launched the L1 blockchain GCUL, which will utilize Python-based smart contracts. The initiative aims to serve as a neutral financial infrastructure, offering 'native commercial bank on-chain currency,' round-the-clock capital market infrastructure, and payment and agency functions. The plan is to make it accessible to Google's extensive network, which includes billions of users and hundreds of institutional partners.
Currently, GCUL is in the private testnet phase. Earlier this year, a collaboration with the Chicago Mercantile Exchange (CME) was announced to pilot tokenized assets. More technical details are expected to be released in the coming months.#GoogleCloud #L1blockchain #GCUL #tokenizedassets #CME #Python #smartcontracts #onchaincurrency #financialinfrastructure #capitalmarkets #payments #privateTestnet