Dapp industry reached new heights in Q2 2024

The Web3 ecosystem has witnessed a resurgence in Q2 2024, with the NFT sector in particular experiencing its strongest performance since Q1 2023.

According to a DappRadar report, the dapp industry has seen a 40% increase in usage compared to the previous quarter, reaching an impressive 10 million daily Unique Active Wallets (UAW).

For software developers working in the blockchain space, this growth presents both opportunities and challenges. The social sector emerged as...

Linux Foundation forms trust for advancing decentralisation

The Linux Foundation has announced plans to establish the Linux Foundation Decentralized Trust (LF Decentralized Trust), a new umbrella organisation aimed at supporting the advancement of decentralised technologies.

Building on the foundation's existing blockchain and digital identity projects, LF Decentralized Trust will encompass the Hyperledger project portfolio and host new open source software, communities, standards, and specifications critical to the shift towards...

Decentralised social network Damus to be kicked from App Store

Damus, a decentralised social networking app backed by Twitter co-founder Jack Dorsey, is facing removal from the App Store due to Apple's strict rules.

The app had previously made changes to comply with Apple's guidelines but still failed to meet the tech giant's requirements for its tips feature. This situation highlights the ongoing tension between Apple's control over in-app purchases and developers' desire for more flexibility.

Apple has a history of prohibiting...

Game developer criticises NFTs at event sponsored by blockchain firms

A game developer surprised attendees of an event sponsored by blockchain firms by criticising NFTs.

NFTs (Non-Fungible Tokens) have become one of the blockchain industry’s darling use cases. The technology is primarily associated with art projects; with purchasers able to prove their ownership thanks to immutable records on blockchains.

Arguably, the most infamous NFT project is Bored Ape Yacht Club—which even recently featured in a music video by Eminem and Snoop...

Web3: Ethereum leads in developers, falling behind in activity

According to a16z’s 2022 State of Crypto report, Ethereum is maintaining its lead in web3 developers but rivals are overtaking in activity.

The report opens with some history of the various web eras and why web3 has many people excited:

Web1 (~1990-2005) – Based on open protocols, decentralised, and community-governed. However, relatively basic in terms of functionality.Web2 (~2005-present) – Siloed, centralised services with value and content ownership granted to a...

Charles Hoskinson, Founder, Cardano: On the opportunities for decentralised apps

Blockchain platform Cardano aims to disrupt unfair legacy centralised systems and distribute power to individuals around the world, but it needs your help.

The decentralisation movement really started when Bitcoin was released in 2009 as a global digital currency with a fixed supply that’s immune to inflation, has no central bank, and cannot be shut down.

However, Bitcoin has its limitations. While it’s arguably the ultimate “store of value” asset – which is...