BlockEden.xyzIntroduction to Optimism: Scaling Ethereum with Optimistic Rollup
Optimism is an optimistic rollup protocol that provides a solution for scaling Ethereum without sacrificing security or decentralization. The protocol achieves this by increasing the computation and storage capacity of Ethereum, while remaining maximally compatible with existing Ethereum infrastructure.BasicsWhat is Ethereum scalability?Ethereum scalability refers to the ability of the Ethereum network to process a greater number of useful transactions. The current limited resources of Ethere...
BlockEden.xyzSupporting Sui WebSocket
We are among the first Sui Devnet JSON-RPC providers. Now we are excited to expand our API Service to WebSocket too. WebSocket would be useful to those dApps that need to take action on real-time on-chain events.How to get started?Step 1. Go to https://blockeden.xyz/dash/. Please sign up if you haven’t done so. Step 2. Input your name for the API key, select Sui Devnet Websocket, and then click + Create key.Step 3. Grab your access URL by clicking Copy to copy it to the clipboard. Step 4. Use...
BlockEden.xyzStake SUI and earn rewards with BlockEden.xyz
We're excited to announce that SUI staking on Mainnet is finally accessible, providing an opportunity for you to generate passive income from your $SUI by earning staking rewards. This guide will explain, step by step, how to use your preferred Sui wallets: Sui Wallet, Suiet, and Martian Wallet.Staking SUI with Sui WalletStaking SUI with Martian WalletStaking SUI with SuietStaking SUI with Ethos WalletFirst, you'll need to install the Sui Wallet browser extension. Currently, Sui Wal...
BlockEden.xyz is a suite of APIs powering DApps for Aptos and Sui blockchains of all sizes. Build DApp and scale faster.
BlockEden.xyzIntroduction to Optimism: Scaling Ethereum with Optimistic Rollup
Optimism is an optimistic rollup protocol that provides a solution for scaling Ethereum without sacrificing security or decentralization. The protocol achieves this by increasing the computation and storage capacity of Ethereum, while remaining maximally compatible with existing Ethereum infrastructure.BasicsWhat is Ethereum scalability?Ethereum scalability refers to the ability of the Ethereum network to process a greater number of useful transactions. The current limited resources of Ethere...
BlockEden.xyzSupporting Sui WebSocket
We are among the first Sui Devnet JSON-RPC providers. Now we are excited to expand our API Service to WebSocket too. WebSocket would be useful to those dApps that need to take action on real-time on-chain events.How to get started?Step 1. Go to https://blockeden.xyz/dash/. Please sign up if you haven’t done so. Step 2. Input your name for the API key, select Sui Devnet Websocket, and then click + Create key.Step 3. Grab your access URL by clicking Copy to copy it to the clipboard. Step 4. Use...
BlockEden.xyzStake SUI and earn rewards with BlockEden.xyz
We're excited to announce that SUI staking on Mainnet is finally accessible, providing an opportunity for you to generate passive income from your $SUI by earning staking rewards. This guide will explain, step by step, how to use your preferred Sui wallets: Sui Wallet, Suiet, and Martian Wallet.Staking SUI with Sui WalletStaking SUI with Martian WalletStaking SUI with SuietStaking SUI with Ethos WalletFirst, you'll need to install the Sui Wallet browser extension. Currently, Sui Wal...
BlockEden.xyz is a suite of APIs powering DApps for Aptos and Sui blockchains of all sizes. Build DApp and scale faster.
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The Blockchain Regulatory Certainty Act (H.R. 5045), introduced by Representatives Emmer and Soto on August 17, 2021, marks a pivotal advancement for blockchain technology. This legislation seeks to carve out a safe harbor for blockchain developers and service providers who do not control digital currencies, shielding them from the licensing and registration mandates typically reserved for financial institutions.
Safe Harbor Provision: Targets blockchain entities without control over digital currencies, exempting them from being classified as money transmitters or financial institutions, thus freeing them from burdensome regulatory requirements.
Intellectual Property and State Law Respect: Maintains the act's non-interference with intellectual property laws and upholds the ability of states to enforce compatible regulations.
Clear Definitions: Establishes precise definitions for "blockchain network," "developer," "service," "control," and "digital currency," clarifying the act's scope and applicability.
The act is a significant stride towards regulatory clarity for the blockchain industry, fostering an environment conducive to innovation while ensuring necessary consumer protections. By delineating non-controlling from controlling entities, it focuses regulatory efforts where they're most needed, promoting a secure and flourishing blockchain ecosystem.
The Blockchain Regulatory Certainty Act represents a critical step in acknowledging and supporting blockchain technology's growth within a suitable regulatory framework. It's a move towards empowering innovation in the blockchain space, setting a precedent for future legislative efforts in this rapidly evolving field.
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The Blockchain Regulatory Certainty Act (H.R. 5045), introduced by Representatives Emmer and Soto on August 17, 2021, marks a pivotal advancement for blockchain technology. This legislation seeks to carve out a safe harbor for blockchain developers and service providers who do not control digital currencies, shielding them from the licensing and registration mandates typically reserved for financial institutions.
Safe Harbor Provision: Targets blockchain entities without control over digital currencies, exempting them from being classified as money transmitters or financial institutions, thus freeing them from burdensome regulatory requirements.
Intellectual Property and State Law Respect: Maintains the act's non-interference with intellectual property laws and upholds the ability of states to enforce compatible regulations.
Clear Definitions: Establishes precise definitions for "blockchain network," "developer," "service," "control," and "digital currency," clarifying the act's scope and applicability.
The act is a significant stride towards regulatory clarity for the blockchain industry, fostering an environment conducive to innovation while ensuring necessary consumer protections. By delineating non-controlling from controlling entities, it focuses regulatory efforts where they're most needed, promoting a secure and flourishing blockchain ecosystem.
The Blockchain Regulatory Certainty Act represents a critical step in acknowledging and supporting blockchain technology's growth within a suitable regulatory framework. It's a move towards empowering innovation in the blockchain space, setting a precedent for future legislative efforts in this rapidly evolving field.
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