Nailwal Fellowship is a new fellowship program focused on supporting the talent of developers who want to make the leap from Web2 to Web3. This and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
Polygon co-founder launches program to support Web3 developers
📍Through his Nailwal Fellowship program, Sandeep Nailwal wants to encourage the entry of new talent into the blockchain-based decentralized Internet. During an interview with CoinDesk, Nailwal clarified that his new grant program is focused on supporting individual developers who want to enter Web3 to build potential applications.
The Nailwal Fellowship will start accepting applications from this May and will be open to developers of any age, gender and nationality, Nailwal said. However, the Nailwal Fellowship will support a limited group of 10 Web3 developers per year.
Venture capital firm Symbolic Capital, co-founded by Nailwal, will partner with the blockchain developer to provide the resources and tools needed to support emerging talent interested in Web3.
Bitcoin has a DEX like Uniswap
📍Trustless Market is a decentralized token exchange platform based on the Bitcoin network that works similarly to Uniswap. The DEX was launched on the market's leading blockchain to capitalize on the rise of memecoins, which are minted in Bitcoin using BRC-20 tokens.
Its developers reported on the implementation of Uniswap smart contracts on the Bitcoin blockchain in order to boost the development of the DeFi ecosystem within this blockchain.
Through Trustless Market, users can perform token swapping, trading, and participate in liquidity pools to earn returns.
Haven of Value: Bitcoin vs Gold vs Fiat
📍Investors prefer Bitcoin over fiat currencies such as the US dollar, yen or Swiss franc. This is revealed by the results According to a recent survey conducted by Bloomberg's market analysis subsidiary Markets Live Pulse, Bitcoin is among the three most popular safe haven assets among investors, along with gold, the precious metal used as a reserve asset for decades, and Treasury bonds, according to the survey.
7,8% of professional and institutional investors surveyed by Markets Live Pulse said they would buy Bitcoin to protect its value over time in the event of a US debt default in the coming days.
Bitcoin Cash is updated
📍Bitcoin Cash developers have released an update to integrate new features into the network. The upgrade, which was implemented on Monday at block height 792.772, opens the door to the development of decentralized applications on the network and to greater privacy and security for users of the blockchain. Bitcoin Cash integrates smart contract functionality to facilitate the development of new use cases and applications, such as recurring payments, among others.
In addition, the new Bitcoin Cash update brings with it improvements to network transactions, reducing transaction sizes and improving confirmation times to offer greater speed to users.
Samsung collaborates with BOK on CBDC pilot
📍Samsung and South Korea's central bank (BOK) to test CBDC for offline payments According to KBS World, the company has signed a memorandum of understanding to collaborate with the country's central bank on research and development of offline payments using a CBDC digital currency.
The tech giant will enable BOK to explore new features and functionalities for the CBDC, facilitating payments with the digital currency in different environments where there is no internet connection, through its smartphones and smart watches.
Continue reading: MakerDAO founder Rune Christensen proposes creating new versions of DAI and MKR
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