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🌐Which Are the Essential Blockchain Protocols?🌐
February 05, 2023
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Protocols are crucial elements of Blockchain technologies that enable info to be exchanged assuredly and reliably across Crypto networks. Protocols are rules in computing that establish the way data could be transferred between various PCs. The protocols specify how data has to be organized to be accepted into a program and establish safeguards to keep uninvited users from causing harm. If you are planning t o invest in Bitcoin, you may consider knowing about the Bitcoin stable.

Protocols were created before the creation of the World Wide Web. For example, the well-known hypertext transfer protocol describes how internet packets are organized and what content they might have. The protocols for any Blockchain are identical, as they allow server nodes to exchange data on the internet in ways that all the networks in a system can easily comprehend.

Some Blockchain Protocols that you should be aware of:

It will take you a lot of effort and time to list the protocols offered on the market because there are hundreds to select from. You will find, nonetheless, 5 main protocols which are most crucial, thus here is a look at the major protocols utilized in Blockchain development services.

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Multichain

Multichain was built to help non-profit businesses produce private Blockchains to facilitate more effective transactions and also to create new uses for the proof-of-work methods that Blockchain technologies depend upon. Being a private organization, Multichain may provide an API which could be used by Blockchain development services to simplify integration and speed up deployment.

Multichain’s special capability to function alongside fiat currencies as well as actual physical retailers of value is the thing that sets it apart from other cryptocurrency exchanges as well as related items available on the market. Nearly all cryptocurrency projects, by comparison, are focused on the supreme replacement of real cash with electronic exchanges.

Corda

Corda is a rival of Multichain which provides an enterprise protocol. Nearly all the programs created with Corda were in the banking as well as finance arena. Corda’s technology may be utilized in many customized Blockchain strategies. Corda is recognized by the R3 banking group and it is thus the right option for Blockchain technologies in the financial business.

Hyperledger

Hyperledger is an open-source undertaking which seeks to make a set of applications which allow companies to swiftly and effectively employ Blockchain solutions. The protocol is broadly used in Blockchain software solutions since it has libraries that help speed up advancement. The Linux Foundation is a highly regarded supporter of Hyperledger and has offered substantial expertise to accelerate the development of the process. Hyperledger is additionally extremely agreeable with Linux, which means it’s developed to work properly on the same servers which are commonly used in today’s business environment.

Enterprise EthereumĀ 

Ethereum offers an updated edition of its software created for business use situations. Ethereum Enterprise’s objective is to improve the business applications for Blockchain-software creation. Business owners could quickly produce big-scale programs to exchange importance with Ethereum Enterprise. The primary benefit of Ethereum Enterprise is it enables companies to make proprietary variations of Ethereum while still being benefited from the newest Ethereum code. Ethereum’s licence causes it to be hard to create proprietary variations of the application under normal conditions, however, the enterprise edition provides companies with an option to bypass this.

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QuorumĀ 

Quorum, like several other top programs, is designed to help firms in the finance business area. The economic community supports Quorum, and that explains why it’s very important. J.P. Morgan Chase, for example, is a main financial backer of the process and has gotten extra funding from various other major banks. Quorum though managed to continue to be an open-source program that anybody can make use of. Ever since the project began by altering the Ethereum code, Quorum has likewise been connected with Ethereum.


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BTCfi will surpass ETH defi. We all know that!

But meanwhile, have you completed your testnet participation, anon?

July is almost over. Make sure to finish before the campaign ends.

50,000 $XPRT to be distributed among users. Hurry!

https://beta.interop.persistence.one/

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$OSAK Explodes 40%: 1 Meme Coin Mania! @OsakaProtocol

šŸ‘‰ Get ready for next phase, long term investors will be rewarded.

Osaka.win

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šŸ‡ŗšŸ‡ø President Trump says crypto "has gone up more than any stock."

HODL šŸ˜‰

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šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? šŸ”œ

The future of Crypto x AI is about to go crazy.

šŸ‘‰ Here’s what you need to know:

šŸ’  'Based Agent' enables creation of custom AI agents
šŸ’  Users set up personalized agents in < 3 minutes
šŸ’  Equipped w/ crypto wallet and on-chain functions
šŸ’  Capable of completing trades, swaps, and staking
šŸ’  Integrates with Coinbase’s SDK, OpenAI, & Replit

šŸ‘‰ What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto šŸ‘‰txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

šŸ‘‰ Coinbase just launched an AI agent for Crypto Trading

🚨 SEC’s Hester Peirce Pushes for US-UK Cross-Border Tokenization Sandbox—EU Left on Sidelines

Major Regulatory Development for Digital Assets

SEC Commissioner Hester Peirce has outlined a bold vision for a cross-border regulatory sandbox that would enable US and UK firms to jointly experiment with digital asset tokenization and blockchain innovations. Notably, she signaled that the European Union is not currently included in these collaborative ambitions, citing fundamental differences in regulatory philosophy.

What’s Changing? šŸ¤”

šŸ”¹Peirce’s proposal centers on a US-UK cross-border sandbox focused on financial experimentation, not politics.

šŸ”¹The goal is to give businesses room to respond freely to market incentives, advancing innovation in areas like digital securities, stablecoins, and blockchain-powered financial infrastructure.

šŸ”¹She criticized regulatory approaches (like those in the EU) which prioritize policy goals—such as climate or diversity mandates—over direct ...

Standard Chartered Pioneers Spot Crypto Trading!

🌟 Major milestone alert! Standard Chartered is the first global systemically important bank to launch spot trading for #Bitcoin and #Ether, targeting institutional clients. Here’s why this is a game-changer! šŸ§ šŸ“ˆ

šŸ”‘Key Points

šŸ”¹Key Points First Mover: Standard Charter’s UK branch now offers regulated spot trading for $BTC and $ETH, a first for a major bank.

šŸ”¹ Institutional Focus: Aimed at corporates, asset managersšŸ“ˆ and investors, integrated with existing FX platforms for seamless trading.

šŸ”¹ Regulatory Edge: As an FCA-registered provider, the bank ensures compliance and robust risk controls, lowering barriers for institutions.

šŸ”¹ Future Plans: Non-deliverable forwards trading is next, expanding crypto offerings alongside custody and tokenization services.

šŸ”¹ Crypto Legacy: The bank already supports crypto via Zodia Custody, Zodia Markets, and Libera, showing deep commitment to digital assets.

...

šŸ‘€SEC Commissioner Hester Peirce INTERVIEW!🚨Crypto Task Force Unleashed!šŸ”„

The Crypto Task Force seeks to provide clarity on the application of the federal securities laws to the crypto asset market and to recommend practical policy measures that aim to foster innovation and protect investors. On this episode, we dive into the current roadmap of crypto regulation and how the SEC may also explore the use of blockchain solutions for it's own tech stack.

Guest: Hester Peirce, SEC Commissioner

šŸ‘‰SEC Crypto Task Force Websiteāžœ https://www.sec.gov/about/crypto-task-force

šŸ‘‰Follow Hester Peirce on Twitterāžœ https://x.com/HesterPeirce

00:00 Intro
00:45 Crypto Task Force: 2025 Accomplishments
03:55 Tokenized Securities & The Rise of 24/7/365 trading
05:14 Unlocking Tokenized private equity
07:15 Broadening access to private equity
10:55 5 Years Later - Gamestop problem fixed with tokenization?
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Musk Turns On Starlink to Save Iranians from Regime’s Internet Crackdown

Elon Musk, the world’s richest man and a visionary behind SpaceX, has flipped the switch on Starlink, delivering internet to Iranians amid a brutal regime crackdown.

This move comes on the heels of Israeli strikes targeting Iran’s nuclear facilities, as the Islamic Republic cuts off online access.

The former Department of Government Efficiency chief activated Starlink satellite internet service for Iranians on Saturday following the Islamic Republic's decision to impose nationwide internet restrictions.

As the Jerusalem PostĀ reports, that the Islamic Republic’s Communications Ministry announced the move, stating, "In view of the special conditions of the country, temporary restrictions have been imposed on the country’s internet."

This action followed a series of Israeli attacks on Iranian targets.

Starlink, a SpaceX-developed satellite constellation, provides high-speed internet to regions with limited connectivity, such as remote areas or conflict zones.

Elizabeth MacDonald, a Fox News contributor, highlighted its impact, noting, "Elon Musk turning on Starlink for Iran in 2022 was a game changer. Starlink connects directly to SpaceX satellites, bypassing Iran’s ground infrastructure. That means even during government-imposed shutdowns or censorship, users can still get online, and reportedly more than 100,000 inside Iran are doing that."

During the 2022 "Woman, Life, Freedom" protests, Starlink enabled Iranians to communicate and share footage globally despite network blackouts," she added.

MacDonald also mentioned ongoing tests of "direct-to-cell" capabilities, which could allow smartphone connections without a dish, potentially expanding access and supporting free expression and protest coordination.

Musk confirmed the activation, noting on Saturday, "The beams are on."

This follows the regime’s internet shutdowns, which were triggered by Israeli military actions.

Adding to the tension, Israeli Prime Minister Benjamin Netanyahu addressed the Iranian people on Friday, urging resistance against the regime.

"Israel's fight is not against the Iranian people. Our fight is against the murderous Islamic regime that oppresses and impoverishes you,ā€ he said.

Meanwhile, Reza Pahlavi, the exiled son of Iran’s last monarch,Ā called onĀ military and security forces to abandon the regime, accusing Supreme Leader Ayatollah Ali Khamenei in a Persian-language social mediaĀ postĀ of forcing Iranians into an unwanted war.

Starlink has been a beacon in other crises. Beyond Iran, Musk has leveraged Starlink to assist people during natural disasters and conflicts.

In the wake of hurricanes and earthquakes, Starlink has provided critical internet access to affected communities, enabling emergency communications and coordination.

Similarly, during the Ukraine-Russia conflict, Musk activated Starlink to support Ukrainian forces and civilians, ensuring they could maintain contact and access vital information under dire circumstances.

The genius entrepreneur, is throwing a lifeline to the oppressed in Iran, and the libs can’t stand it.

Conservative talk show host Mark Levin praised Musk’s action,Ā repostingĀ a message stating that Starlink would "reconnect the Iranian people with the internet and put the final nail in the coffin of the Iranian regime."

"God bless you, Elon. The Starlink beams are on in Iran!" LevinĀ wrote.

Musk, who recently stepped down from leading the DOGE in the Trump administration, has apologized to President Trump for past criticisms, including his stance on the One Big Beautiful Bill.

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GENIUS Act lets State banks conduct some business nationwide. Regulators object

The Senate passed the GENIUS Act for stablecoins last week, but significant work remains before it becomes law. The House has a different bill, the STABLE Act, with notable differences that must be reconciled. State banking regulators have raised strong objections to a provision in the GENIUS Act that would allow state banks to operate nationwide without authorization from host states or a federal regulator.

The controversial clause permits a state bank with a regulated stablecoin subsidiary to provide money transmitter and custodial services in any other state. While host states can impose consumer protection laws, they cannot require the usual authorization and oversight typically needed for out-of-state banking operations.

The Conference of State Bank Supervisors welcomed some changes in the GENIUS Act but remains adamantly opposed to this particular provision. In a statement, CSBS said:

ā€œCritical changes must be made during House consideration of the legislation to prevent unintended consequences and further mitigate financial stability risks. CSBS remains concerned with the dramatic and unsupported expansion of the authority of uninsured banks to conduct money transmission or custody activities nationwide without the approval or oversight of host state supervisors (Sec. 16(d)).ā€

The National Conference of State Legislatures expressed similar concerns in early June, stating:

ā€œWe urge you to oppose Section 16(d) and support state authority to regulate financial services in a manner that reflects local conditions, priorities and risk tolerances. Preserving the dual banking system and respecting state autonomy is essential to the safety, soundness and diversity of our nation’s financial sector.ā€

Evolution of nationwide authorization

Section 16 addresses several issues beyond stablecoins, including preventing a recurrence of the SEC’s SAB 121, which forced crypto assets held in custody onto balance sheets. However, the nationwide authorization subsection was added after the legislation cleared the Senate Banking Committee, with two significant modifications since then.

Originally, the provision applied only to special bank charters like Wyoming’s Special Purpose Depository Institutions or Connecticut’s Innovation Banks. Examples include crypto-focused Custodia Bank and crypto exchange Kraken in Wyoming, plus traditional finance player Fnality US in Connecticut. Recently the scope was expanded to cover most state chartered banks with stablecoin subsidiaries, possibly due to concerns about competitive advantages.

Simultaneously, the clause was substantially tightened. The initial version allowed state chartered banks to provide money transmission and custody services nationwide for any type of asset, which would include cryptocurrencies. Now these activities can only be conducted by the stablecoin subsidiary, and while Section 16(d) doesn’t explicitly limit services to stablecoins, the GENIUS Act currently restricts issuers to stablecoin related activities.

However, the House STABLE Act takes a more permissive approach, allowing regulators to decide which non-stablecoin activities are permitted. If the House version prevails in reconciliation, it could result in a significant expansion of allowed nationwide banking activities beyond stablecoins.

Is it that bad?

As originally drafted, the clause seemed overly permissive.

The amended clause makes sense for stablecoin issuers. They want to have a single regulator and be able to provide the stablecoin services throughout the United States. But it also leans into the perception outside of crypto that this is just another form of regulatory arbitrage.

The controversy over Section 16(d) reflects concerns about creating a regulatory gap that allows banks to operate interstate without the oversight typically required from either federal or state authorities. As the two Congressional chambers work toward reconciliation, lawmakers must decide whether stablecoin legislation should include provisions that effectively reduce traditional banking oversight requirements.

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šŸ’³ PayPal:Ā 
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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™ Crypto Michael ⚔ Ā The Dinarian

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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

- Issuers need capital, audits, and legal disclosures

- Regulated broker-dealers and exchanges can now onboard and trade them

This closes the gap that killed STOs in 2018.

No more tokenization without venues.
No more assets without liquidity.

UAE is doing what Switzerland, Singapore, and Europe still haven’t:

Creating enforceable frameworks for RWA tokenization that actually work.

Matthew White, CEO of VARA, said it perfectly:

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

He’s not exaggerating.

$500B+ market predicted next year.

And the UAE just gave it legal rails.

~Real estate.
~Private credit.
~Shariah-compliant products.

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]

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

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

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