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šŸ’„Preparations for Metachain Launch: Theta Version 4.0 Release Date ConfirmedšŸ’„
October 24, 2022
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Theta Labs, the creator of the Theta Network, announced in an Otc. 21 (Friday) blog post that the V4.0.0 mainnet upgrade would arrive at the start of November. The v4.0.0 upgrade will go live at block height 17790756 in a hard fork event estimated at 7 PM (Pacific Time) on Nov 3. Validators on the network are required to update their nodes as guided by theĀ source codeĀ or risk losing their validator status after the hard fork.

Transition it into Theta metachain

Notably, the hard fork will lay network upgrades i.e. increasing the maximum code size for smart contracts leading to the Metachain launch four weeks later. This change and other fixes will provide the mainchain capability to handle complex smart contracts. Theta Metachain’s permissionless horizontal scaling feature will bring several advantages to the chain, including fast (subsecond) block finalization time and unlimited transactional throughput.

Theta Labs remains keen on scalable blockchain technology as it explores Web3 businesses through entertainment as well as media initiatives. Some of the partners that have thus far pledged to support Theta by creating their sub-chains include music-focused company Fuse Media, blockchain video tracking & payments platform Replay, and immersive media platform TrooVRS.

Mainnet 4.0 launch partners

In a blog post published on Aug 27, Theta Labs confirmed the latter as the first partner building in the metaverse and the second metachain partner.Ā TrooVRS, which focuses on helping men engage with self-care focused content across an entire virtual editorial ecosystem, settled on Theta as the ā€œperfect partnerā€ thanks to its robustness, efficiency and transparency in content delivery. CEO Adrian Whant remarked that the partnership enables the firm to gain traction in its user-focused Web3 technologies.

ā€œWe couldn’t be more excited to […] be part of the launch of its next-generation Mainnet 4.0 Metachain. Partnering with Theta is […] essential for building our Web3 community-driven strategies powered by Theta Video API, NFT marketplace, and other infrastructures.ā€

With the help of theĀ specially molded trooVRS virtual worlds, businesses can host activations (presentations, branded content, and product demonstrations) in relevant settings like stages, kitchens, gyms, showrooms, and more. Once the initial activations are conceptualized on the platform, these worlds will be able to provide exclusive real and virtual goods and services, including NFTs on Theta.

Earlier this month, Theta Labs namedĀ ReplayĀ as another Metachain launch partner, adding that the video consumption will test its subchain on the testnet before the mainnet launch in December. This will stress test the metachain and improve Replay platform’s scalability. The partnership followed a deal withĀ Fuse Media, announced on Aug 24, which involves the incorporation of Theta-based products and tokens. These include Theta non-fungible tokens, TNT20 tokens, and the Theta Video application programming interfaces (its stream delivery infrastructure).

Fuse Media’s CEO, Mike Rogerro, lauded the importance of the partnership in growing the firm’s brand and user satisfaction. Specifically, he noted that combining his firm’s content and expertise with Theta’s pioneering blockchain technology yields an opportunity to cultivate an entertainment dynamic where users can express their voices in their preferred media.

Theta Labs’ Mitch Liu commented that the partnership is aligned with its vision of decentralized technology disrupting the traditional user-platform model. Theta currently serves customers and firms, enabling existing media and video platforms to maximize revenue and cut costs. It also rewards the end-users for sharing storage and providing bandwidth.

To learn more, visit ourĀ Investing in Theta(THETA)Ā guide.

Theta v3.4.0 shipped, novel Wrapped THETA introduced

The network successfully deployed Theta v3.4.0, which introduced Wrapped Theta, a token ā€˜wrapped’ around the network native token THETA, at the end of August. Operating under the ticker wTHETA, the token replicates similar functionality as wETH does for the Ethereum blockchain. Decentralized finance users on Ethereum rely on wETH (unbeknown to them) rather than ETH when interacting with apps such as automated decentralized exchange Uniswap and DAI’s home, Maker.

Theta gained utility on Theta native DeFi use cases following the update. It was expected to encourage pooled staking initiatives and concurrently push creators in the ecosystem to mint an even bigger breadth of staking products. wTHETA will also see utility as the upcoming Metachain update requires the token for anyone seeking to register a subchain and provide THETA collateral for the subchain validators. Holders of THETA can wrap and unwrap tokens on the Theta Web Wallet. Once logged in, users can see a newly introduced listing of wTHETA. The wrapped token can be added to MetaMask or sent to any other address on the Theta blockchain.

To learn more, visit ourĀ Investing in Theta Fuel (TFUEL)Ā guide.

Livepeer recorded growth in Q3, notwithstanding the bear market

In other news, rival Ethereum-based video transcoding system Livepeer saw significant growth in Q3. Leading crypto analytics firm Messari reported that the decentralized video infrastructure protocol saw a massive bounce in the second half of 2022 despite the bear market. In the new report detailing the findings, MessariĀ notedĀ that Livepeer recorded 36.7 million minutes of video transcoded on its network in Q3, an 11.2% increase over the second quarter of the year.

The analytics firm explained that the growth indicated growing end-user demand and optimistic supply-side metrics. The transcoding fee revenue in terms of rewards in ETH grew by 52.2% from Q2 to an all-time high, which translated into $91,400 due to the poor dollar performance of the token. Rewards accrued staking the native LPT token bumped up by 16.6% to 650,516 tokens this quarter. However, as LPT is down by more than 90% from its ATH, the dollar equivalent of this revenue showed a 45.7% downturn – $4.8 million.

Livepeer, which operates on an incentivization mechanism with a 50% target level, saw daily LPT issuance drop to 0.024%. The mechanism helps maintain the staking participation rate; therefore, token inflation will keep reducing in the current quarter until the desired ā€˜50% of LPT tokens’ staked is achieved. The protocol intends to achieve a cost-efficient method of broadcasting and streaming video and has been focused on supporting Web3-native video-enabled projects. The recent efforts have provided ground for the come-up of several projects, including the decentralized video calling app Huddle and the education platform Web 3 Edi.

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šŸ‘€ 11-Year-Old Happy Demonstrates Advanced Dormant Abilities – Seeing Without the Physical Eyes

Happy an 11 year old demonstrated in week 3 workshop activating dormant abilities that go far beyond ordinary vision. What he demonstrates here is not imagination or guesswork it’s real perception beyond the physical eyes.

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Dubai regulator VARA classifies RWA issuance as licensed activity
Virtual Asset Regulatory Authority (VARA) leads global regulatory framework - makes RWA issuance licensed activity in Dubai.

Real-world assets (RWAs) issuance is now licensed activity in Dubai.

~ Actual law.
~ Not a legal gray zone.
~ Not a whitepaper fantasy.

RWA issuance and listing on secondary markets is defined under binding crypto regulation.

It’s execution by Dubai.

Irina HeaverĀ explained:

ā€œRWA issuance is no longer theoretical. It’s now a regulatory reality.ā€

VARA defined:

- RWAs are classified as Asset-Referenced Virtual Assets (ARVAs)

- Secondary market trading is permitted under VARA license

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This closes the gap that killed STOs in 2018.

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Creating enforceable frameworks for RWA tokenization that actually work.

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ā€œTokenization will redefine global finance in 2025.ā€

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$500B+ market predicted next year.

And the UAE just gave it legal rails.

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Everything is in play.

This is how you turn hype into infrastructure.

What Dubai is doing now is 3 years ahead of everyone else.

Founders, investors, ecosystem builders:

You want to build real-world assets onchain.

Don’t waste another year waiting for clarity.

Come to Dubai.

It’s already here.

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If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto – Support via Coinbase Wallet to: [email protected]

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šŸŽ¬Proof the Deep State Planned This War for YearsšŸŽ¬
Nation First outlines how the Israeli attack on Iran was planned by the Deep State and the Military Industrial Complex over 15 years ago.

Prepare to have your mind blown

~NamastĆ© šŸ™ Crypto Michael ⚔ The Dinarian

Dear friend,

What just happened in Iran wasn’t a surprise attack. It wasn’t a last-minute decision. It wasn’t even Israel acting alone.

It was a war plan written years ago — by men in suits, sitting in think tanks in Washington and New York. And yesterday, that plan was finally put into action.

Here’s the truth they don’t want you to know: this war was cooked up long before Trump ever became President — and it was designed to happen exactly this way.

Let’s start with what just happened.

Israel launched a massive, unexpected strike on Iran. They hit nuclear facilities. They killed military generals. They struck deep inside Iranian territory — and now the whole region is on edge, ready to explode into full-blown war.

The media is acting shocked. But I’m not. You shouldn’t be either.

Why?

Because we have the documents. They told us this was coming. Years ago.

Exhibit A: The Brookings Institution.

The Brooking Institution is a fancy name for what’s basically a war-planning factory dressed up as a research centre. Back in 2009, Brookings published a report calledĀ Which Path to Persia?

It laid out exactly how to get the U.S. into a war with Iran — without looking like the bad guy.

Here’s the sickest part:

ā€œThe United States would encourage — and perhaps even assist — the Israelis in conducting the strikes… in the expectation that both international criticism and Iranian retaliation would be deflected away from the United States and onto Israel.ā€

Let that sink in.

They literally suggested using Israel to start the war, so America could stand back and say, ā€œWasn’t us!ā€

They even titled a chapter of this report: ā€œLeave It to Bibiā€ — naming Netanyahu as the guy to light the match.

Exhibit B: The Council on Foreign Relations (CFR).

The Council on Foreign Relations is an another Deep State operation. Also in 2009, CFR published a ā€œcontingency memoā€ that laid out the whole military plan for an Israeli strike on Iran — step by step.

  • What routes the jets would fly (over Jordan and Iraq).

  • What bombs they’d use (the biggest bunker-busters in the U.S. arsenal).

  • Which Iranian sites to hit (Natanz, Arak, Esfahan).

  • And how Iran might respond (missiles, drones, threats to U.S. bases).

It’s like they had a time machine. Because those exact strikes just happened following the routes, likely using the bombs and hitting the sites that the CFR outlined.

Exhibit C: The Plot to Attack Iran by Dan Kovalik.

This one really blows the lid off.

US human rights lawyer and journalist Dan Kovalik, in his bookĀ The Plot to Attack Iran: How the CIA and the Deep State Have Conspired to Vilify Iran, shows how the CIA and Israel’s Mossad have been working together for decades — not just watching Iran, but actively sabotaging it. Killing scientists. Running cyberattacks. Feeding lies to the media to make Iran look like it’s always ā€œsix months awayā€ from building a nuke.

He even reveals how they discussed false flag attacks — faking an Iranian strike to justify going to war. That’s not a conspiracy theory. That’s documented strategy.

And here’s where President Trump comes in.

Unlike the warmongers who wrote these plans, Trump wasn’t looking to bomb Iran. He wanted to talk. Negotiate. Make a deal — like he did with North Korea.

In fact, peace talks with Iran were just days away.

But someone didn’t want peace. Someone wanted war.

So Israel went in — just like the Brookings script said — and lit the fuse.

Trump didn’t authorise it. He didn’t want it. But they gazumped him. They went around him. And now, the peace he was trying to build has been blown to bits.

This was never about Iran being a threat. It was about keeping the war machine fed.

Think tanks, defence contractors, foreign lobbies — they don’t profit from peace. They thrive on tension. On fear. On war.

And now, thanks to them, the world’s one step closer to the edge.

If you’ve never trusted the mainstream media, you’re right not to.

If you’ve ever suspected there’s a shadowy agenda behind every war, you’re not paranoid.

You’re paying attention.

Because the documents are real. The war was planned. And the bombs are falling — right on schedule.

Pray for Iran’s civilians.

Pray for the Israelis caught in the crossfire.

Pray for a President who still wants peace.

And pray that we wake up before it’s too late.

Because the war has started.

But the truth has just begun to spread.

Until next time,Ā GodĀ bless you, your family and nation.

Take care,

George Christensen

Source:

George ChristensenĀ is a former Australian politician, a Christian, freedom lover, conservative, blogger, podcaster, journalist and theologian. He has been feted by theĀ Epoch TimesĀ as a ā€œchampion of human rightsā€ and his writings have been praised byĀ Infowars’ Alex JonesĀ as ā€œexcellent and informativeā€.

GeorgeĀ believesĀ Nation FirstĀ will be an essential part of the ongoing fight for freedom:

ā€œThe time is now for every proud patriot to step to the fore and fight for our freedom, sovereignty and way of life. Information is a key tool in any battle and theĀ Nation FirstĀ newsletter will be a valuable tool in the battle for the future of the West.ā€

— George Christensen.

Find more aboutĀ GeorgeĀ at hisĀ www.georgechristensen.com.auĀ website.

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The Possible Impact Of USDC On The XRP Ledger And RLUSD
Key Points
  • It seems likely that USDC on the XRP Ledger (XRPL) boosts liquidity, benefiting XRP, though some see it as competition for RLUSD.
  • Research suggests both stablecoins can coexist, enhancing the XRPL ecosystem.
  • The evidence leans toward increased network activity being good for XRP, despite potential competition.

The recent launch of USDC on the XRP Ledger has sparked discussions about its impact on the ecosystem, particularly in relation to RLUSD, Ripple's own stablecoin. This response explores whether this development is more about competition for RLUSD or if it enhances liquidity on the XRPL, ultimately benefiting XRP.
Ā 

Impact on Liquidity and XRP

The introduction of USDC, a major stablecoin with a $61 billion market cap, likely increases liquidity on the XRPL by attracting more users, developers, and institutions. This boost can enhance DeFi applications and enterprise payments, potentially driving demand for XRP, the native token used for transaction fees. While some may view it as competition for RLUSD, the overall effect seems positive for the XRPL's growth.
Ā 

Competition vs. Coexistence with RLUSD

USDC and RLUSD cater to different needs: USDC appeals to those valuing regulatory compliance, while RLUSD, backed by Ripple, may attract users preferring ecosystem integration. Research suggests both can coexist, increasing options and fostering innovation, rather than purely competing.
Ā 

Detailed Analysis of USDC on XRPL and Its Implications

The integration of USDC on the XRP Ledger (XRPL), announced on June 12, 2025, by Circle, has significant implications for the ecosystem, particularly in relation to RLUSD, Ripple's stablecoin launched in 2024. This section provides a comprehensive analysis, exploring whether this development is more about competition for RLUSD or if it enhances liquidity on the XRPL, ultimately benefiting XRP.
Ā 

Understanding RLUSD and Its Role

RLUSD, Ripple's stablecoin, received approval from the New York Department of Financial Services (NYDFS) in 2024 and is designed to be fully backed by cash and cash equivalents, ensuring stability. It is available on both the Ethereum and XRP Ledger blockchains, aiming to enhance liquidity, reduce volatility, and serve cross-border payments. With a current market cap of $413 million, RLUSD is smaller than USDC's $61 billion but has regulatory credibility, particularly appealing to institutions.
Ā 

Impact of USDC on the XRPL

The launch of USDC on the XRPL is a significant development, given its status as the second-largest stablecoin by market cap.
Ā 
Key impacts include:
  • Liquidity Boost: USDC's integration can attract more users, developers, and institutions, increasing overall liquidity. This is crucial for DeFi applications, as Circle's announcement emphasizes its use in liquidity provisioning for token pairs and FX flows.
  • Increased Utility: USDC enhances the XRPL's utility for enterprise payments, financial infrastructure, and DeFi, potentially making it more attractive for global money movement and transparent settlements.
  • Regulatory and Institutional Appeal: As a regulated stablecoin issued by Circle, USDC can bring institutional users to the XRPL, aligning with Ripple's goals for regulated financial activities.
  • Network Growth: Supporting a widely recognized stablecoin like USDC on 22 blockchains, including the XRPL, increases the network's visibility and adoption, potentially driving more activity.

Competition vs. Complementarity with RLUSD

While USDC's launch could be seen as competition for RLUSD, the evidence suggests a more nuanced relationship:
  • Competition: Both are stablecoins on the XRPL, and USDC's larger market presence ($61 billion vs. RLUSD's $413 million) might attract users and developers away from RLUSD. However, competition can drive innovation, such as lower fees or better services, benefiting the ecosystem
  • Complementarity: Different stablecoins cater to different needs. USDC appeals to users valuing regulatory compliance and widespread adoption across multiple blockchains, while RLUSD, backed by Ripple, may attract those preferring ecosystem integration and regulatory approval from NYDFS. The XRPL can benefit from having multiple options, increasing liquidity and fostering a diverse ecosystem.
  • Coexistence Benefits: Research suggests that having multiple stablecoins enhances liquidity and provides users with more choices, potentially leading to higher network activity. For example, institutions might use USDC for global payments and RLUSD for specific XRPL-integrated applications, creating a symbiotic relationships.

Impact on XRP

The introduction of USDC, alongside RLUSD, is likely beneficial for XRP, the native token of the XRPL, for several reasons:
  • Increased Liquidity and Activity: Higher liquidity on the XRPL, driven by both stablecoins, can increase transaction volumes. XRP is used for transaction fees, with some fees burned, potentially reducing supply over time and increasing demand.
  • DeFi and Enterprise Use Cases: Both USDC and RLUSD enhance DeFi and enterprise applications, such as liquidity pools and cross-border payments, which can drive demand for XRP as a settlement token.
  • Network Growth: A more liquid and active XRPL is more attractive to developers and users, potentially leading to long-term growth for XRP, as increased utility can drive its value.
Expert analyses, such as those from u.today and ledgerinsights.com, suggest the launch is a "massive boost" for liquidity and adoption, with RLUSD also playing a significant role.
Ā 

Comparative Analysis: USDC vs. RLUSD

To further illustrate, consider the following table comparing key attributes:
Ā 
Given the evidence, it is more accurate to view the introduction of USDC on the XRPL as beneficial for liquidity, which is ultimately good for XRP, rather than solely as competition for RLUSD. The XRPL benefits from increased options, with both stablecoins enhancing liquidity, utility, and network growth. While some competition exists, the overall impact is positive, fostering a robust ecosystem that can drive demand for XRP. This conclusion aligns with expert analyses and community discussions, acknowledging the complexity of the stablecoin market within the XRPL.
Ā 

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If you find value in my content, consider showing your support via:

šŸ’³ PayPal:Ā 
1) Simply scan the QR code below šŸ“²
2) or visit https://www.paypal.me/thedinarian

šŸ”— Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! NamastĆ© šŸ™ The Dinarian

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