• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Money 20/20, Amsterdam (June 6-8, 2023)
    • WFIS, Nigeria (June 6-7, 2023)
    • Crypto Expo Asia, Singapore (June 7-8, 2023)
    • BLOCK3000: Blockchain Battle, Lisbon (July 6-7, 2023)
    • NFT Show Europe, Valencia (July 14-15, 2023)
    • CyFrica, Kenya (July 18-19, 2023)
    • TOKEN2049, Singapore (September 13-14, 2023)
    • Future Banks Summit, Riyadh (September 19-20, 2023)
    • Blockchain Expo Europe, Amsterdam (September 26-27, 2023)
    • FinTech Festival Asia, Thailand (September 27-28, 2023)
    • European Blockchain Convention, Barcelona (October 24-26, 2023)
    • Future Tech Event, Oman (November, 2023)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


Join us on Telegram: https://t.me/crypto_reporter
Visit Money 20/20, Amsterdam on June 6-8, 2023
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Blockchain news roundup (June 28, 2018): Matrix AI Network, WaBi, Walimai, Enjin, ERC-1155

June 28, 2018 By Crypto Reporter

– Matrix AI Network announced information about masternodes
– Walimai (WaBi) team explained the difference between WaBi and Walimai blockchains, released information about masternodes
– Enjin CTO Witek Radomski announced specifications of a new Ethereum token standard ERC-1155

Matrix AI Network announced that there will be two kinds of masternodes within its blockchain platform: mining and verification ones.

A mining masternode requires 10,000 MAN deposit and processing power to run 1,000 TPS. A verification masternode requires 100,000 MAN deposit and processing power to run 2,000 TPS.

More information can be found here.

***

Walimai (WaBi) team explained the difference between WaBi and Walimai blockchains.

WaBi token, based on ERC-20 standard, is a loyalty token used for consumers incentivization (rewarding consumers for purchases, scans, and other user related actions). WaBi token is not a supply chain coin.

Walimai’s own blockchain, based on Hyperledger software, is used to record supply chain transactions through the Walimai retail channel. There will be no Walimai coin for Walimai’s own blockchain.

The info about masternodes was released as well.

To run Walimai masternode, user needs hold a minimum of 5,000 WaBi tokens in a private wallet. Depending on amount of WaBi tokens, masternodes will receive different payouts (from 3% to 9% annually).

***

Enjin CTO Witek Radomski announced specifications of a new Ethereum token standard ERC-1155, which “enables mixed transactions of fungible (ERC-20 token) items and non-fungible (ERC-721 token) items”.

The need for such standard is described on GitHub page, dedicated to ERC-1155:

“Tokens standards like ERC-20 and ERC-721 require a separate contract to be deployed for each fungible or NFT token/collection. This places a lot of redundant bytecode on the Ethereum blockchain and limits certain functionality by the nature of separating each token contract into its own permissioned address. With the rise of crypto games and platforms like Enjin Coin, game developers may be creating tens of thousands of items, and a new type of token standard is needed to support this.

New functionality is possible with this design, such as transferring or approving multiple token types at once, saving on transaction costs. Trading (escrow / atomic swaps) of multiple tokens can be built on top of this standard and it removes the need to “approve” individual tokens separately. It is also easy to describe and mix multiple fungible or non-fungible tokens in a single contract.”

More information about ERC-1155 is in this post by Witek Radomski.

More news:

  • EU to finalise crypto regulation bill end of June
    EU to finalise crypto regulation bill end of June
    June 28, 2022
  • Twitter will integrate bitcoin into the social network
    Twitter will integrate bitcoin into the social network
    July 27, 2021
  • Bitcoin network surpasses PayPal in volume processed
    Bitcoin network surpasses PayPal in volume processed
    November 29, 2021
  • ECB to look into transaction settlement via blockchain
    ECB to look into transaction settlement via blockchain
    September 29, 2022
  • Binance sets a blockchain hub in Georgia
    Binance sets a blockchain hub in Georgia
    April 7, 2023
  • Mastercard rolls out cryptocurrency and blockchain program for startups
    Mastercard rolls out cryptocurrency and blockchain program for startups
    August 9, 2021

Filed Under: News, Technology Tagged With: blockchain news roundup, blockchain platform, Enjin, ERC-1155, Matrix AI Network, technology, WaBi, Walimai

Primary Sidebar

Follow Us

Press Releases

Google Bard XRP Price Prediction, Cardano and Collateral Tipped to Continue Price Rise

June 3, 2023

TMS Network (TMSN) Brings Raw Thunder: Litecoin (LTC) and Aave (AAVE) Left Trembling in Fear

June 3, 2023

Policymaking comes to Money20/20 Europe

June 2, 2023

Blockchain Expo Europe to connect the Blockchain & Web3 Ecosystems in Amsterdam

June 2, 2023

Xapo Bank Launches Euro Payment Rails, Expanding Integrated Offering For Crypto and Retail Banking

June 2, 2023

Money 20/20

WFIS 2023

NFT Show Europe 2023

CyFrica 2023

Blockchain Expo Europe 2023

Fintech Festival Asia 2023

European Blockchain Convention 2023

Blockchain Expo Global 2023

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2023 Crypto Reporter