Posts

Showing posts with the label dapps

Sui Network adds Google, Twitch, and Facebook logins for dapps

Image
The Sui Network aims to simplify web3 access, enabling user registrations on its apps without managing an external crypto wallet or seed phrase. In a press release dated Sept. 13, the Sui Foundation revealed that users can now access decentralized applications ( dapps ) using their Google, Facebook, and Twitch login credentials, facilitated by the newly introduced zkLogin (Zero Knowledge login ) feature. This latest move is expected to allow users to navigate the web3 space with the same familiarity as other online platforms, bypassing the complexities of managing web3 wallets. “By enabling users to access dapps with the social logins they have grown comfortable using, zkLogin removes a major hurdle for bringing the benefits of blockchain-based applications to billions of mainstream users.” Greg Siourounis, managing director of the Sui Foundation. The blockchain sector has historically faced challenges in user onboarding, with many individuals finding the process c...

DeFi, NFT, blockchain games: Key takeaways from DappRadar's 2022 review

Image
Despite a tumultuous year, DeFi, NFTs and blockchain games drove DApp usage across the industry, according to DappRadar’s 2022 report. 2022 will go down as a challenging year for the cryptocurrency and blockchain space, but the adversity faced has been strewn with plenty of positives for the decentralized application (Dapp) ecosystem. DappRadar has released its yearly report on the industry, focusing on challenges faced alongside notable technological achievements and an increasing number of active daily users. Cointelegraph highlights the main takeaways from the DApp industry in 2022, which are pertinent, considering macro factors like inflationary concerns in major economies, the collapse of industry-specific projects like Terra/Luna and FTX as well as market woes across the board. Perhaps most telling is unique active wallet data (UAW) from 2021 and 2022, demonstrating a 50% increase in the average daily UAW year on year. This is up from 1.58 million daily users in 2021 to an aver...