Sunday, September 20, 2020
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Polkadot treasury established to fund projects ‘that give traction to the network’

Blockchain platform Polkadot (DOT) is the latest to invest back into its developer community with the launch of the Polkadot treasury. Run by community-elected council members, the pool will fund as many new community projects as possible.The treasury has already received multiple proposals related to infrastructure development, operations projects, and

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Binance CEO wants more Ethereum-based DeFi projects to join his platform

Binance CEO Changpeng Zhao welcomed more Ethereum-based DeFi projects to join the Binance Smart Chain (BSC) platform. In a tweet discussion with another user, Zhao explained that this step would reduce the load on the Ethereum network, which will, in turn, lead to a reduction in Ethereum's gas fees. Zhao later stressed

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Many blockchain projects have ‘smoke-and-mirror’ strategies: Avalanche CEO

Emin Gün Sirer, founder and CEO of the blockchain protocol, Avalanche, took to Twitter to explain why he considers that many blockchain projects keep applying dubious strategies in the industry.Sirer considers that some projects are based on “lots of hype, lots of technical-sounding claims,” partnership with companies “too embarrassed to

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