The new program, called CUBO+, will provide scholarships to the most outstanding computer science students in El Salvador to be trained by the brightest minds in the Bitcoin protocol. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
New Bitcoin training program launched in El Salvador
📍El Salvador launches CUBO+, a new Bitcoin training program focused on professional education. CUBO+ is the first training program for Bitcoin and Lightning Network developers in El Salvador. It was introduced by the National Bitcoin Office, a government entity created in November of last year to oversee and coordinate the development of Bitcoin-related projects in the country.
According to the National Office, CUBO+ is an advanced Bitcoin engineering program that will last for 6 months. The program will be fully funded by Lugano-based companies alongside stablecoin company Tether Limited and crypto investment firm Fulgur Ventures.
CUBO+ is part of El Salvador’s plans to expand Bitcoin adoption globally. In November, El Salvador announced the opening of the first Bitcoin embassy in the city of Lugano. The country wants to become “the global outsourcing hub for open source, peer-to-peer, Bitcoin and Lightning Network startups,” the Bitcoin office reported.
Through this vocational training program, the most outstanding computer science students from El Salvador will receive scholarships to be trained by the brightest minds in the Bitcoin protocol.
El Salvador said that Bitcoin is driving the country's rebranding and that the cryptocurrency has given it the unique opportunity to demonstrate that It is not, in fact, too small to be big..
Ordinals Community Donates Funds to Bitcoin Developers
📍Bitcoin developers receive funding from the Ordinals community. The Ordinals protocol has caused both excitement and disputes among Bitcoiners and the crypto community. However, Bitcoin developers have just received a donation of $19.000 in BTC from one of the most prominent projects in the Ordinals-driven Bitcoin NFT movement, Taproot Wizards.
Via Twitter, the NFT token project Taproot Wizards reported that its community of users had raised $19.000 in BTC which was transferred to the HRF (Human Rights Foundation) using Bitcoin's scalability network, Lightning Network.
Taproot Wizards' community of users, many of them new to the network, have collected more than 5.000 microtransactions on Lightning, the project said on Twitter.
The Teatro Real in Madrid will broadcast its first opera in the Metaverse
📍“The Nose,” a work by acclaimed Soviet composer Dmitri Shostakovich, will be broadcast in the Metaverse. The Teatro Real in Madrid will become the first opera house in the world to broadcast a live opera through the virtual world. This was announced by the Teatro Real in Madrid, one of the most important performing and musical arts institutions in the country, through its Twitter account.
Madrid's Teatro Real has partnered with metaverse platform Uttopion to take its audiences to a new immersive digital experience in the third dimension (3D).
Uttopion has replicated the main hall of the Teatro Real in Madrid to bring together visitors through their avatars. Users will be able to interact with others within the virtual space, as well as enjoy different activities and even enjoy meetings or interviews with artists, the metaverse platform explained.
Over 3 million ethers burned since EIP-1559
📍2,4% of the current Ethereum supply has been left over since the implementation of EIP-1559. Ethereum Improvement Proposal 1559 was activated in August 2021 with the aim of gradually reducing the circulating supply of ethers in the market. Since its implementation to date, they have remained around 3.003.526 ether, worth approximately $4.972 billion at the cryptocurrency’s current price.
On the other hand, according to data from the ETH Burned platform, the current deflation rate of Ethereum is 0,42%.
Currently, decentralized protocol Uniswap and non-fungible token marketplace Blur are the biggest gas burners on Ethereum.
Uniswap lands on BNB Chain
📍The leading decentralized exchange protocol in the DeFi ecosystem, Uniswap, has been deployed on the BNB Chain blockchain. Uniswap confirmed that its protocol has been successfully deployed on the aforementioned blockchain. With this move, Uniswap seeks to expand its services to new markets, while offering its user community greater benefits.
Uniswap Labs developers reported that the deployment of the DEX and AMM protocol on BNB Chain will allow, like Arbitrum and Polygon Network, to offer lower and more accessible commission rates to users, unlike the reality that still dominates on the Ethereum main network, where commission rates are currently around $ 8,54 dollars for simple transactions.
Continue reading: South Korea launches $300 million fund for the Metaverse
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