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Innovative Legal Notices on Blockchain in Hong Kong

Thursday. January 16 at 4:00 AM

1 min. read

Hong Kong courts have introduced a groundbreaking method of serving legal notices on the blockchain to anonymous owners of illicit wallet addresses. The use of tokenized legal notices on Tron wallets has prevented ignorance as a defense, setting a new precedent in legal proceedings. This innovative approach aims to freeze assets and prevent criminal transactions, with a focus on combating money laundering. Despite challenges in serving court documents to wallet holders in the past, this new method has proven effective in addressing online scams and illicit activities. While the legal system in Hong Kong is adapting to blockchain technology, there is still a need for greater awareness and understanding among legal practitioners and institutions. Similar practices have been observed in the UK and the US, showcasing the global impact of blockchain technology on legal proceedings.

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Enhancing Bitcoin Network Scalability Through Inscriptions

Wednesday. February 5 at 1:00 AM

A report by Mempool Research suggests that widespread adoption of inscriptions could potentially increase Bitcoin's average block size to 4 MB per block, significantly higher than the current 1.5 MB average. Inscriptions allow for efficient encoding of data within blocks, enhancing scalability. In comparison, Solana can store up to 128 MB per block. Following the 2021 Taproot upgrade, Bitcoin blocks have reached 2.4 MB, with a potential for 4 MB. The report projects various growth scenarios, estimating the blockchain to reach 1 TB by late 2026. Bitcoin's ecosystem has evolved post-upgrade, supporting complex activities like token creation and NFT minting. However, competition arises from networks offering larger block sizes. Celestia aims to scale block size to 1 GB. The future of Bitcoin-native DeFi looks promising as institutional adoption rises and the ecosystem matures.

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Helium Mobile Launches Free 5G Wireless Plan

Tuesday. February 4 at 9:00 PM

Helium Mobile has introduced the nation's first free phone plan on a 5G network. The network, operated by individuals, aims to give back to users in unique ways. The 'Zero Plan' offers 3GB of data, 300 texts, and 100 minutes of calls monthly at no cost. Interested users can join a waitlist for the service due to high demand. The plan is built on the Helium 5G network, powered by user-operated nodes rewarding users with crypto tokens. Users can earn tokens by sharing network coverage data and participating in activities for rewards like gift cards. Additional paid plans include the Air Plan for $15/month with 10GB data and unlimited talk/text, and the Infinity Plan for $30/month with unlimited data, texts, and calls. Helium Mobile aims to create an accessible and rewarding wireless service community, emphasizing empowerment over corporate interests. Users can bring their own devices to connect to the network, but must purchase outright or on credit.

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Support for Increasing Ethereum's Gas Limit Grows

Tuesday. February 4 at 6:00 PM

Over 50% of Ethereum validators have shown support for raising the network's gas limit, allowing for more gas to be used in transactions per block. Gaslimit.pics reports that 52% of validators are in favor, surpassing the required threshold. Validators can adjust settings to signal support, avoiding the need for a hard fork. The current gas limit has been around 30 million since August 2021, with plans to increase it. The upcoming Pectra fork, proposed by Vitalik Buterin, aims to further enhance the network. While some argue for a 36-40 million gas limit to boost capacity and reduce fees, concerns about stability and security remain. The community is divided on the ideal limit increase, with a cautious approach favored to prevent network issues. The Pectra fork is set to address these concerns and improve Ethereum's performance.

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Revolutionizing Real Estate with PropiChain AI

Tuesday. February 4 at 4:00 AM

Ethereum is incorporating AI-driven projects, boosting the demand for blockchain solutions. Analysts are optimistic about PropiChain's potential to outperform competitors like Solana by leveraging this trend. PropiChain focuses on transforming the real estate industry through AI technology. The recent integration of AI on the Ethereum blockchain is expected to propel PCHAIN's growth significantly in Q1, surpassing Solana. This move enhances the use of AI in smart contracts, enabling them to process large data sets, make informed decisions, and perform advanced functions. PropiChain aims to streamline real estate operations using AI, such as filtering properties based on investment preferences and providing accurate valuations through Automated Valuation Models (AVMs). The platform also offers investment insights and guidance through AI chatbots and virtual assistants. Additionally, PropiChain ensures transparency and security in real estate transactions, attracting investors with its fractional ownership model and Metaverse features. With a positive review from BlockAudit, PropiChain is gaining momentum among investors seeking high returns in the crypto market. The project's unique offerings and potential for significant gains make it a promising investment opportunity in the evolving real estate sector.

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