Boba, Enya, OMG Foundation | September 20, 2021
Boba Network, a next-generation Ethereum scaling solution, is thrilled to announce the mainnet launch of its Layer 2 Optimistic Rollup. Developed by OMG Foundation core contributor Enya, and based on the publicly available, open-sourced Optimism codebase, Boba Network aims to deliver a faster, cheaper, more seamless experience for the next billion users of Ethereum.
In addition to its public mainnet launch, OMG Foundation will be releasing its new $BOBA token to support decentralized governance of the network.
Boba’s mainnet launch is only the beginning of the community’s efforts to expand the Ethereum ecosystem by reducing gas fees, improving throughput, and extending the capabilities of decentralized finance and NFT projects through Hybrid Compute. Boba’s extensible smart contracts enable developers across the Ethereum ecosystem to build decentralized applications that trigger code executed on web-scale infrastructure, making it possible to use algorithms that are either too expensive or impossible to execute on-chain. As this technology matures, Boba’s Hybrid Compute will enable developers to build dApps that make use of the world’s most powerful algorithms, from cutting-edge cryptography to machine learning classifiers.
In support of the Boba mainnet, OMG Foundation is releasing a new governance token for the platform, $BOBA. $BOBA tokens will be airdropped to existing $OMG token holders who have bridged their $OMG tokens to Boba Network by a snapshot date later next month. FTX, one of the largest crypto exchanges, has already committed to support the airdrop, with additional exchanges to follow suit. This new token will be the basis for voting on the Boba DAO, the next natural step of Boba’s focus on users, the community, and decentralization. $BOBA tokens staked on Boba Network will also receive a portion of the transaction fees earned by the network through an on-chain distribution governed by the community.
“From the beginning, our mission has been to create and grow an inclusive, decentralized ecosystem for developers and end users,” said Alan Chiu, Founder and CEO of Enya. “Boba’s mainnet will allow Boba developers to deliver a faster, cheaper, and more delightful experience to the next billion users of Ethereum. We are thrilled by the support of OMG Foundation in creating the new $BOBA token to offer the community the ability to participate in the governance and growth of Boba Network.”
Since its beta launch last month, Boba Network has partnered with an array of leading crypto projects, including DODO, Coin98, MEW, Frax, Anyswap, Sake, Band, API3, and Witnet.
Boba has a vision of expanding and democratizing the Ethereum ecosystem, and its L2 is the first step towards bringing that vision to life. Boba and its large, diverse community will focus on creating a great experience for developers and users by offering a native fast exit bridge, NFT bridging between L2 and L1, and leveraging Ethereum for security.
The Boba team will be showcasing the Boba Network’s unique product features and recent integrations during Messari Mainnet in New York City from September 20 - September 22, 2021, Booth #301. To build on Boba, visit boba.network.
Boba is an Ethereum Virtual Machine (EVM) compatible Layer 2 Optimistic Rollup that helps Ethereum smart contracts scale while delivering a delightful user experience. Boba enables Ethereum developers to build dApps that trigger code running on web-scale infrastructure such as AWS Lambda, making it possible to leverage sophisticated algorithms that are far too expensive, far too slow, or otherwise practically impossible to execute on-chain.
Founded by Stanford faculty and alumni, Enya pioneered decentralized privacy and became the largest provider of secure multiparty computation services, serving more than 10 million users across 91 countries. Enya creates decentralized infrastructure solutions that serve the next billion users, leading with Boba Network. Boba is an Ethereum Layer 2 solution that scales and augments Ethereum, helping developers deliver a more delightful and inclusive user experience. Enya is a core contributor to OMG Foundation.
About OMG Foundation
OMG Foundation is a non-profit organization dedicated to expanding the Ethereum ecosystem to encompass as many developers and users as possible in order to bring the ideals of the Web3 movement into reality. The Foundation currently supports the development of Boba Network, an EVM-compatible Ethereum L2 platform with capabilities for advanced computations, and OMG Plasma Network, a high-throughput token transfer network on Ethereum.
Neon Labs | December 30, 2021
Neon, an Ethereum virtual machine (EVM) on Solana that enables dApps on Ethereum to scale and access liquidity on Solana, announced that it has integrated the Pyth network, a next-generation oracle platform designed to provide trusted and verifiable market data to decentralized applications, enabling all EVM dApps running on Solana to access Pyth’s HiFi data.
The partnership between Pyth and Neon Labs allows data from the Pyth oracle to be instantly accessible and easily readable to Solidity developers and dApp users alike via the Neon EVM on the Solana network. In addition to Pyth pricing information, EVM developers will have the opportunity to discover a new type of oracle that provides a confidence interval alongside its price. The confidence interval specifies how much precision or uncertainty there is in a single observation and thus enables developers to further customize their applications for better and safer operations.
dApps have long been seeking a high-quality oracle like Pyth to consume data sources necessary to function and this partnership gives them just that. We are excited to deliver a data oracle solution to developers, and one that is easy and quick for them to use.”
Andrey Falaleev, Chief Technology Officer of Neon Labs
The Pyth network is a next generation oracle specifically designed to publish high fidelity financial market data on the Solana blockchain and republish that data to other blockchains through Wormhole. Using the Pyth network, data owners will be able to contribute their data, and consumers of data will be able to acquire that aggregated market data and consume it directly from a blockchain.
Neon is a tool that allows any Ethereum dApps – from lending protocols and AMMs – to be processed with the low gas fees, high transaction speed, and high throughput of Solana, while also offering access to the growing Solana market. Over the past several months, the company has experienced significant milestones. Last month, Neon announced a $40 million fundraising round to bring Ethereum virtual machine functionality to the Solana blockchain and is preparing to launch its mainnet alpha imminently. Many prominent protocols like Aave and SushiSwap have announced that they will port their protocols to Solana through Neon Labs.
"I know I speak for dApps everywhere when I say that this is partnership is a real game changer,” said Marco Qiu, BD of Yin Finance. “We are especially excited to access high-quality data on Solana without having to modify or alter our existing code."
"This integration is a huge step for Ethereum and Solana interoperability,” said Sidney Powell, Co-founder of Maple Finance. “Data oracles like the Pyth network serve as the connection between blockchains and the data sources necessary for dApps like us.”
“Neon is bridging the divide between two leading blockchains,” said Mike Cahill, Director of the Pyth Data Association. “We look forward to working with them as their first oracle integration to increase access of Pyth data to dApps while offering them a seamless user experience in the process.”
The Pyth network has gathered more than 40 prominent financial actors as data publishers for various asset classes. Pyth price feeds have been available on the Solana mainnet since August 2021 and leading Solana dApps like Bonfida, Drift, Hxro, Mango Markets, Saber Labs, Solend, Synthetify, Port, and Zeta Markets have integrated with Pyth network to strengthen their protocols' uptime guarantees and automate critical on-chain functions in a highly reliable, fully decentralized, and cost-efficient manner.
About the Pyth Network
The Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept behind the “walled gardens’’ of centralized institutions. The Pyth network is focused on finding a new and inexpensive way to bring this unique data on-chain and aggregating it securely.
About the Pyth Data Association
The Pyth Data Association was created in support of the Pyth network, a specialized oracle solution for latency-sensitive financial data that is typically kept behind the “walled gardens’’ of centralized institutions. The Pyth Data Association is overseen by a board of directors elected by members of the Pyth network.
Neon lets users run any Ethereum protocol on Solana, without any changes to its codebase. In other words, Ethereum developers can soon deploy their apps to Solana, a blockchain that can process 50K transactions per second at $0.0025 a piece.
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Mozilla | January 14, 2021
The Mozilla VPN has finally arrived on Mac and Linux. Following a Private Network expansion it brought to Firefox in 2019 and a shut beta, Mozilla revealed a Windows and Android VPN in July. It later presented an iOS variant.
The VPN is at present accessible in six nations — the US, Canada, the UK, New Zealand, Singapore and Malaysia — and it'll open in more areas soon, as per Mozilla. A $5/month membership conceals to five gadgets, so you'll have the option to utilize the VPN on your telephone, tablet and PC, regardless of whether your PC runs Linux.
The Mozilla VPN isn't the least expensive alternative available. Nonetheless, Mozilla has said that, since it utilizes less lines of code than other VPNs, the administration is quicker than many opponent ones. You can interface with in excess of 280 workers in excess of 30 nations through the VPN with no data transfer capacity limitations. The administration utilizes WireGuard gadget level encryption and it doesn't log your organization movement.
A lot of companies say they’re “mission-driven.” Our unique corporate structure guarantees that every decision we make upholds our mission: to ensure the internet remains open and accessible. Beholden to neither shareholders nor investors, Mozilla Corporation is wholly owned by the not-for-profit Mozilla Foundation.