According to a Medium post, it was announced that Papers, the organization responsible for the development of crypto wallet AirGap, has been awarded funds for the development of tezblock. The grant was sanctioned by the Tezos Foundation for meaningful block exploration accessibility of Tezos.
The grant could be very essential from the development perspective of Tezos as tezblock, which is a block explorer for the virtual asset, focuses on making the Tezos protocol more available and validating the data with a better approach.
The post also stated that the tezblock code would be open-sourced under an MIT license and the grant would assist the organization in initiating the initial concept towards a “Minimal Viable Product.”
Following the announcement the post said,
“We want to take a user focused approach with tezblock and build this explorer according to user feedback. Block explorers are being used by different user groups with various requirements.”
Lately, Tezos has been making waves in the crypto-industry after its parent blockchain made history after the activation of two separate backward-incompatible changes. Its recent upgrade termed as the “Athens A” for smart contracts and decentralized applications was decided via on-chain voting involving all the stakeholders.
Arthur Breitman, Co-founder of Tezos, stated,
“You can do more things in one block, and the main reason for that is that when the network launched, anyway, it was very new and limit was set at a pretty conservative value.”
At press time, Tezos was valued at $1.30 and it exhibited an impressive growth of 4.37 percent over the last 24 hours. The market cap for the virtual asset was around $850 million, at press time.
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Justin Sun on shaking down the Internet, Coin Metrics on Kin’s blockchain activity and more
Crypto News – 26 June – Justin Sun on shaking down the Internet, Coin Metrics on Kin’s blockchain activity and more
— AMBCrypto (@CryptoAmb) June 26, 2019
Crypto News – 26 June
Bitcoin breaches new resistances: In a sensational run that saw the coin surge by 15% over 24 hours, the world’s largest cryptocurrency breached the $12,000 mark, while also briefly touching the $13,000 mark, before falling again
Read more at https://bit.ly/2ZMkS10
Tone Vays on Bitcoin’s biggest strength: Tone Vays opined that Bitcoin’s biggest strength was the fact that it was completely “unconfiscatable” and that one’s BTC is completely safe if it is protected and secured with attention
Read more at https://bit.ly/2RD2BjL
Tron Foundation launches new inititative: Justin Sun’s Tron Foundation announced a $20 million TRX buy-back plan to promote community activity and market stability
Read more at https://bit.ly/2X8aA9W
Joe Kernen on Bitcoin, Libra: The once crypto-skeptic, CNBC Squawk Box’s Joe Kernen is of the opinion that Libra is for corporations, while Bitcoin is for the people
Read more at https://bit.ly/31MkqSa
Bloomberg on JPM Coin: According to a report by Bloomberg, the Jaime Dimon-led institution plans to launch the JPM coin and use it for bond transactions
Read more at https://bit.ly/2X75DTr
Fundstrat report on stablecoins: According to a recent report by New York-based Fundstrat Global Advisors, the FS CryptoFX Stablecoin index fell by a whopping 21 percent against BTC, with Gemini outperforming Tether [USDT]
Read more at https://bit.ly/2X5qPJw
BitGo’s latest collaboration: Bitcoin IRA has announced that it will be teaming up with BitGo to launch crypto-retirement accounts insured for $100 million
Read more at https://bit.ly/31UvjBz
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