Linux Foundation Launches Decentralized Trust and Developer Relations Initiatives

19.09.2024 2 times read 0 Comments Read out

Linux Foundation: New Organizations for Blockchain and Developer Relations

The Linux Foundation has announced the establishment of "Linux Foundation Decentralized Trust" during the Open Source Summit in Vienna. This new foundation aims to promote open-source technologies within blockchain, digital identity, and cryptography sectors. Existing entities like Hyperledger Foundation and TrustOverIP will be integrated into this structure. Leading members include Accenture, DTCC (Depository Trust and Clearing Corporation), Hitachi, with Hedera joining as a newcomer.

In addition to these developments, there are plans to create a Developer Relations Foundation aimed at enhancing understanding and significance of developer relations within software development. Despite increased investments in recent years, efforts remain fragmented according to the Linux Foundation's insights shared on heise online. More details can be found by visiting their website.

Hemi Labs Secures $15 Million for Modular Blockchain Network Launch

Hemi Labs has successfully raised $15 million in funding led by Binance Labs, Breyer Capital, and Big Brain Holdings for launching an advanced modular blockchain network based on Bitcoin and Ethereum. The Hemi Network is designed for superior scalability, security, and interoperability while uniting both cryptocurrencies under one supernetwork framework.

This initiative marks significant progress towards integrating Bitcoin’s programmability with Ethereum’s capabilities through innovative features such as Hemi Virtual Machine (hVM) which allows developers seamless access across platforms using familiar tools without compromising compatibility or functionality.
- Business Wire reports further information about this groundbreaking project available via their platform.-

Google Cloud Introduces Ethereum-Compatible RPC Service

Aiming at facilitating interactions between crypto-developers' decentralized applications (DApps) alongside improving reliability levels therein, Google Cloud recently launched its Remote Procedure Call service initially compatible solely with Ethereum’s mainnet/testnets, but intends to expand support onto additional blockchains soon, per Cointelegraph Deutschland coverage dated September 17th.

This offering provides free tier usage up to a hundred requests per second plus a million daily inquiries supported by EIP-1474 defined methods on nodes, ensuring a smooth integration process. A single line of code alone suffices to achieve desired outcomes efficiently and effectively, ultimately benefiting end-users globally.

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