Introduction:As the Venom blockchain continues to gain traction, the need for robust and versatile token standards becomes increasingly apparent. The VEP-1155 token standard has emerged as a game-changer, offering a comprehensive solution for tokenization within the Venom blockchain ecosystem. While compatible with other tokens, the VEP-1155 standard will play a pivotal role in shaping the future of Venom's digital economy. In an exciting development, the highly anticipated Numi-Verse pr...

Introduction:As the Venom blockchain continues to gain traction, the need for robust and versatile token standards becomes increasingly apparent. The VEP-1155 token standard has emerged as a game-changer, offering a comprehensive solution for tokenization within the Venom blockchain ecosystem. While compatible with other tokens, the VEP-1155 standard will play a pivotal role in shaping the future of Venom's digital economy. In an exciting development, the highly anticipated Numi-Verse pr...

Unveiling the Components of the Venom Consensus Protocol: From Election to Message Passing The primary goal of the consensus protocol is to provide a mechanism for all the parties involved in the network to reach an agreement on the current state of the blockchain and to ensure that all the transactions included in a block are valid and that the blockchain state is updated consistently and securely on all levels (shardchains, workchains, and masterchain).Overview​The Venom blockchain utilizes...

Unveiling the Components of the Venom Consensus Protocol: From Election to Message Passing The primary goal of the consensus protocol is to provide a mechanism for all the parties involved in the network to reach an agreement on the current state of the blockchain and to ensure that all the transactions included in a block are valid and that the blockchain state is updated consistently and securely on all levels (shardchains, workchains, and masterchain).Overview​The Venom blockchain utilizes...

Blockchain technology has revolutionized various industries, including finance and supply chain, by offering decentralized and secure solutions. However, scalability has remained a challenge for traditional blockchain networks. This is where the concept of sharding comes into play. Sharding involves splitting the workload into smaller parts or shards, allowing for parallel processing and increased scalability. The Venom Blockchain recognizes the importance of scalability and has implemented t...

Blockchain technology has revolutionized various industries, including finance and supply chain, by offering decentralized and secure solutions. However, scalability has remained a challenge for traditional blockchain networks. This is where the concept of sharding comes into play. Sharding involves splitting the workload into smaller parts or shards, allowing for parallel processing and increased scalability. The Venom Blockchain recognizes the importance of scalability and has implemented t...

We’re back with another Venom Hackathon Winners Spotlight! This time, we had a quick chat with the winner of the DeFi & CBDCs track, Anastasiia Kondaurova, from the project Unb@nk. Unb@nk is a banking infrastructure designed to manage CBDC on the Venom blockchain. Read on to find out more, and check out our previous interview, if you haven’t already done so.Congratulations on your winning project, Anastasiia! Can you Introduce your team and tell us how you started your Web3/blockchain journey...

We’re back with another Venom Hackathon Winners Spotlight! This time, we had a quick chat with the winner of the DeFi & CBDCs track, Anastasiia Kondaurova, from the project Unb@nk. Unb@nk is a banking infrastructure designed to manage CBDC on the Venom blockchain. Read on to find out more, and check out our previous interview, if you haven’t already done so.Congratulations on your winning project, Anastasiia! Can you Introduce your team and tell us how you started your Web3/blockchain journey...

Unlocking the Potential of Venom Testnet through Active Participation Unlocking Potential: Embracing the Future of Venom Blockchain Introduction: The Venom Foundation's vision of onboarding a billion users onto the blockchain and transforming the financial landscape is an ambitious endeavor. With the recent launch of the Venom Network Testnet, the community is eagerly exploring its capabilities and contributing to its growth. While no official announcement has been made regarding specifi...

Unlocking the Potential of Venom Testnet through Active Participation Unlocking Potential: Embracing the Future of Venom Blockchain Introduction: The Venom Foundation's vision of onboarding a billion users onto the blockchain and transforming the financial landscape is an ambitious endeavor. With the recent launch of the Venom Network Testnet, the community is eagerly exploring its capabilities and contributing to its growth. While no official announcement has been made regarding specifi...

Introduction:We excited to announce the official launch of Gravix on the VenomTestnet. Gravix is a next-generation decentralized trading platform that revolutionizes the way users trade cryptocurrencies, stocks, and forex by providing leverage through long and short positions. In this article, we will explore the key features and workings of Gravix, highlighting its unique offerings and benefits for the trading community.About Gravix:Empowering Users to Trade with Leverage: Gravix is designed...

Introduction:We excited to announce the official launch of Gravix on the VenomTestnet. Gravix is a next-generation decentralized trading platform that revolutionizes the way users trade cryptocurrencies, stocks, and forex by providing leverage through long and short positions. In this article, we will explore the key features and workings of Gravix, highlighting its unique offerings and benefits for the trading community.About Gravix:Empowering Users to Trade with Leverage: Gravix is designed...

Introduction: Built on the Venom blockchain, Qamon is an anonymous mail service with end-to-end encryption. Let’s explore how it works 📩 In today's digital age, privacy and data security have become paramount concerns. With the rise of centralized servers, content leaks and data breaches have become all too common. Qamon comes as a promising solution to these challenges, offering an innovative anonymous mail service with a strong emphasis on user privacy and data protection. Enhancing P...

Introduction: Built on the Venom blockchain, Qamon is an anonymous mail service with end-to-end encryption. Let’s explore how it works 📩 In today's digital age, privacy and data security have become paramount concerns. With the rise of centralized servers, content leaks and data breaches have become all too common. Qamon comes as a promising solution to these challenges, offering an innovative anonymous mail service with a strong emphasis on user privacy and data protection. Enhancing P...

Introduction:In the world of blockchain, consensus mechanisms play a vital role in ensuring the integrity and security of the network. One such blockchain that leverages the power of Proof of Stake (PoS) consensus and Byzantine Fault Tolerant (BFT) algorithm is the Venom Blockchain. At the heart of this blockchain lies the Message Passing Protocol, a network-layer communication tool responsible for coordinating the validator nodes and driving consensus decisions. In this article, we will delv...

Introduction:In the world of blockchain, consensus mechanisms play a vital role in ensuring the integrity and security of the network. One such blockchain that leverages the power of Proof of Stake (PoS) consensus and Byzantine Fault Tolerant (BFT) algorithm is the Venom Blockchain. At the heart of this blockchain lies the Message Passing Protocol, a network-layer communication tool responsible for coordinating the validator nodes and driving consensus decisions. In this article, we will delv...

From May 8 to June 17, 2023, more than 800 hackers from all over the globe joined Venom’s virtual Hackathon. They learned about the Venom blockchain and built projects based on three tracks to claim their share of the $225,000 prize pool. It was certainly no easy feat, and we take our hats off to each team’s sheer grit and innovation. We received 481 submissions — an impressive number for our first hackathon — and our panel of judges sifted through countless lines of coding. Eventually, the w...

From May 8 to June 17, 2023, more than 800 hackers from all over the globe joined Venom’s virtual Hackathon. They learned about the Venom blockchain and built projects based on three tracks to claim their share of the $225,000 prize pool. It was certainly no easy feat, and we take our hats off to each team’s sheer grit and innovation. We received 481 submissions — an impressive number for our first hackathon — and our panel of judges sifted through countless lines of coding. Eventually, the w...

July marks the third month of Venom Testnet and what an incredible journey it has been. We’ve had several exciting dApp’s launched, a global virtual hackathon, and major network upgrades implemented based on your feedback. But through it all, one thing remains certain — the trust and support of the Venom community, which is evident in our growing numbers. This spurs us to continue building a high-performance blockchain and forge strategic partnerships with organizations in both the Web2 and W...

July marks the third month of Venom Testnet and what an incredible journey it has been. We’ve had several exciting dApp’s launched, a global virtual hackathon, and major network upgrades implemented based on your feedback. But through it all, one thing remains certain — the trust and support of the Venom community, which is evident in our growing numbers. This spurs us to continue building a high-performance blockchain and forge strategic partnerships with organizations in both the Web2 and W...

For our final Venom Hackathon Winners Spotlight, we speak to the winner of the Web3, NFT, and Gaming track, Pavlo Khatrachian, from the project Qupe Protocol. Qupe Protocol facilitates the building of Web3 social media platforms on Threaded Virtual Machine (TVM) blockchains. Read on for the full scoop!Hi Pavlo, congratulations on your winning project! Can you introduce your team and tell us how you started your Web3/blockchain journey?Our team is called Tonred, a small team with just two deve...

For our final Venom Hackathon Winners Spotlight, we speak to the winner of the Web3, NFT, and Gaming track, Pavlo Khatrachian, from the project Qupe Protocol. Qupe Protocol facilitates the building of Web3 social media platforms on Threaded Virtual Machine (TVM) blockchains. Read on for the full scoop!Hi Pavlo, congratulations on your winning project! Can you introduce your team and tell us how you started your Web3/blockchain journey?Our team is called Tonred, a small team with just two deve...

Just like that, we’re approaching the end of Venom Testnet’s second month. Throughout the first month, the key objective was to introduce Venom to the world — unveiling the technology behind Venom, which is both secure by design and scalable by nature. The response we received has been phenomenally positive and encouraging. For that, we are grateful. This gives us the confidence to continue refining our technology to achieve our mission of developing a blockchain for all users. This month, we...

Just like that, we’re approaching the end of Venom Testnet’s second month. Throughout the first month, the key objective was to introduce Venom to the world — unveiling the technology behind Venom, which is both secure by design and scalable by nature. The response we received has been phenomenally positive and encouraging. For that, we are grateful. This gives us the confidence to continue refining our technology to achieve our mission of developing a blockchain for all users. This month, we...