Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    $NOTE Recovers Post Canto Blockchains’ Downtime & FUD

    September 9, 2024

    Node Capital launches liquid token fund as ‘bear market is the best time to invest’

    April 11, 2025

    YuYu Unleashed: Redefining Art in the Age of NFTs | NFT CULTURE | NFT News | Web3 Culture

    December 20, 2023
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      Anchorage Digital integrates Uniswap Labs Trading API to give institutional wallet users improved DeFi liquidity

      June 23, 2025

      Bitcoin On-Chain Metrics Crash To Bear Market Levels Despite Price Sitting Close To ATH

      June 22, 2025

      Here’s why the Kaia price has gone parabolic

      June 20, 2025

      X Boss Yaccarino: Users Will Trade, Tip, and Spend Without Leaving the App

      June 19, 2025

      Crypto Gets A Green Light From Spanish Banking Giant

      June 18, 2025
    • Technology

      The Crypto Token Development Process

      June 23, 2025

      Ford Teams Up With Iagon to Pilot Cardano-Powered Legal Data Storage Solution

      June 22, 2025

      Useless Coin price surges as smart money investors buy

      June 21, 2025

      Comment on SEC Extends Grayscale’s Ethereum ETF Staking Proposal Review Deadline to June by oldlove

      June 20, 2025

      Coinbase Seeks SEC Approval to Offer Tokenized Equities Trading

      June 19, 2025
    • Learn/Guide

      Past Trends Suggest FUNToken Is Just Getting Started

      June 23, 2025

      Bitcoin crashes on Iranian Parliament approval of Hormuz Strait closure

      June 22, 2025

      CoinMarketCap’s front-end compromised, investigation underway

      June 21, 2025

      Fed’s Waller says rate cut could come as soon as July

      June 20, 2025

      Only 30% of crypto miners comply with Russia’s new rules, finance ministry official says

      June 19, 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

    The Crypto Token Development Process

    June 23, 2025

    Ford Teams Up With Iagon to Pilot Cardano-Powered Legal Data Storage Solution

    June 22, 2025

    Useless Coin price surges as smart money investors buy

    June 21, 2025

    Comment on SEC Extends Grayscale’s Ethereum ETF Staking Proposal Review Deadline to June by oldlove

    June 20, 2025
    Top Posts

    Analysing Cryptocurrency Trends: Heikin Ashi Explained

    November 13, 2023

    Google policy update requires FCA registration for UK crypto ads

    December 22, 2024

    Ripple and Zoniqx team up for XRPL multi-asset tokenization

    February 27, 2024

    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

    Anchorage Digital integrates Uniswap Labs Trading API to give institutional wallet users improved DeFi liquidity

    June 23, 2025

    Bitcoin On-Chain Metrics Crash To Bear Market Levels Despite Price Sitting Close To ATH

    June 22, 2025

    Here’s why the Kaia price has gone parabolic

    June 20, 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.