Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    P2P Crypto Exchanges Are Feeling The Pressure Of Shrinking Market: Report

    August 4, 2023

    US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile

    August 1, 2024

    SKI surges 25% on news of backing from a US lawmaker

    January 3, 2025
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

      July 18, 2025

      Bitcoin May Freeze Satoshi’s Wallet Over Quantum Threat

      July 16, 2025

      Bitcoin under pressure as Satoshi-era whale sells: Will BTC drop to $108K?

      July 15, 2025

      BlackRock’s Bitcoin ETF Blows Past $80,000,000,000, Faster Than Any Other Exchange-Traded Fund in History: Bloomberg Analyst

      July 14, 2025

      Will Pi crash or rally in 2025?

      July 11, 2025
    • Technology

      Windtree Becomes First NASDAQ Firm to Add BNB to Its Balance Sheet

      July 18, 2025

      What is AI16Z – AMBCrypto

      July 17, 2025

      Bonk gains 15% to lead memecoins as altcoins eye rally

      July 16, 2025

      Comment on Trump Firing Powell Would Set ‘Very Bad Precedent,’ Warns Pompliano by Powell's Replacement? Fed Chair Succession Process Underway

      July 15, 2025

      Hungary Bans Unlicensed Crypto Platforms: Revolut and Bitstamp Suspend Services

      July 14, 2025
    • Learn/Guide

      $10.7 trillion Charles Schwab to launch spot Bitcoin, Ether trading, eyes stablecoin market entry

      July 18, 2025

      Russia’s largest bank Sberbank to roll out Bitcoin, crypto custody services to catch up with global banks

      July 17, 2025

      Trump Media files trademarks for Truth Social AI and AI Search

      July 16, 2025

      DOJ and CFTC drop investigations into Polymarket

      July 15, 2025

      FUNToken Isn’t Just Trending – It’s Consolidating Power in Telegram, One User at a Time

      July 14, 2025
    • NFTs

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025

      Daizen: Elevating the NFT Multiverse on Apechain Blockchain | NFT CULTURE | NFT News | Web3 Culture

      December 5, 2024
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Agoric’s Approach: How BLD’s Technology Aims to Shape Blockchain Development
    Technology

    Agoric’s Approach: How BLD’s Technology Aims to Shape Blockchain Development

    October 12, 20234 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Agoric’s Approach: How BLD’s Technology Aims to Shape Blockchain Development
    Share
    Facebook Twitter LinkedIn Pinterest Email


    In the rapidly growing world of blockchain, complexity has been a double-edged sword. While blockchain’s extensive potential is widely recognized, its complex technical nature poses a steep learning curve for many. Blockchain projects that simplify this path, while retaining the technology’s core, are crucial. Agoric, a software development company, focuses on simplifying high-tech blockchain implementation. This article delves into Agoric’s mission and the potential of its BLD token. 

    Diving deep into Agoric

    “Market-based programming,” the foundational concept behind Agoric, isn’t new. Founded in 2018 by notable figures such as Mark Miller, Dean Tribble, Brian Warner, and Bill Tulloh, Agoric addresses a critical gap in the DeFi landscape. Let’s explore the challenges they’re addressing to understand their mission better.

    In the current DeFi landscape, most DApps integrate a Web2 frontend (JavaScript) with a Web3 backend (Solidity), lacking a consistent connection framework. Agoric’s innovation lies in the use of JavaScript, a widely used programming language, for its smart contracts. This choice empowers developers to leverage existing JavaScript skills and utilize reusable development packages and libraries. The platform aims to attract millions of traditional Web2 developers to the Web3 space.

    In essence, Agoric is the smart contract platform poised to usher millions into the DeFi frontier. Their smart contracts stand out, being not only executable but adaptive to real-world market dynamics.

    The Agoric technology stack

    Agoric’s technology stack includes a proven Byzantine Fault Tolerance (BFT) consensus. It includes a secure virtual machine architecture, which aligns perfectly with the platform’s smart contract framework.

    The “Zoe Smart Contract Framework” empowers developers to write smart contracts using JavaScript. This feature allows developers to focus on other application aspects, like economic logic, while Zoe manages user asset escrowing.

    Security-wise, Agoric employs an “Object Capability (Ocap)” architecture, essential for making JavaScript blockchain-safe. Agoric’s subset of JavaScript, termed “Hardened JavaScript,” enforces this Ocap security. This model extends Object Capability (Ocap) system-wide, ensuring a consistent developer framework and secure cross-chain programming.

    Agoric is built on the Cosmos Ecosystem with the Tendermint proof-of-stake system.  The platform also collaborates with the Inter-Blockchain Communication (IBC) protocol working group and major names like Tendermint and the Interchain Foundation.

    The BLD token economy

    At Agoric’s core, their BLD token serves multiple roles. Primarily, it acts as both a governance and utility token, allowing holders to influence platform decisions and access various services. BLD also enhances the ecosystem’s security. In Agoric’s design, every ecosystem activity ties back to BLD, setting it apart from many other market tokens. As Agoric continues to innovate, BLD’s growth potential appears promising.

    BLD holders not only receive staking rewards but also govern the Inter Protocol framework. This framework produces an IBC-enabled stable token (IST) designed to mirror the US Dollar. IST acts as a local medium for transactions, and its activities are overseen by BLD holders, linking BLD’s value directly to network activity.

    Since its inception, Agoric has established itself as a Web3 powerhouse. With landmarks like the 2021 mainnet launch, the fully subscribed 2022 public sale, partnerships with NFT DApps, and the announcement of 5 DApps building directly on Agoric, the trajectory for the company is positive. 2023 promises even greater advancements. As Dean Tribble, Agoric’s CEO, reveals:

    “In 2023, two significant developments await: the Vaults launch and mainnet-2. Vaults will impact the Cosmoverse and interchain, enabling users to generate IST using Atom or community-selected tokens. With mainnet-2’s launch, numerous Agoric chain applications will utilize IST directly.”

    Wrapping up

    Agoric’s journey shows its dedication and strategic advancements. With the BLD token closely woven into Agoric’s endeavors, its potential to shape the future of Web3 is profound. Keep an eye on this space. The future of Agoric and BLD in the Web3 space will be interesting to observe.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Windtree Becomes First NASDAQ Firm to Add BNB to Its Balance Sheet

    July 18, 2025

    What is AI16Z – AMBCrypto

    July 17, 2025

    Bonk gains 15% to lead memecoins as altcoins eye rally

    July 16, 2025

    Comment on Trump Firing Powell Would Set ‘Very Bad Precedent,’ Warns Pompliano by Powell's Replacement? Fed Chair Succession Process Underway

    July 15, 2025
    Top Posts

    Oasys: The Decentralized Blockchain Gaming Platform

    November 3, 2023

    Comment on XRP Ledger Cuts Reserve Requirements By 90%, Making Wallets More Accessible by Real World Assets Tokenization in 2025

    June 9, 2025

    War Hospital: A Unique World War I Management and Survival Game Set to Launch on January 11, 2024

    November 28, 2023

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

    July 18, 2025

    Bitcoin May Freeze Satoshi’s Wallet Over Quantum Threat

    July 16, 2025

    Bitcoin under pressure as Satoshi-era whale sells: Will BTC drop to $108K?

    July 15, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.