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IRISnet - News Analyzed: 21

⇗ IRISnet Fuels Blockchain Evolution amidst Scrutiny and Expansion

IRISnet Fuels Blockchain Evolution amidst Scrutiny and Expansion
IRISnet, one of September's top crypto gainers, emerges as a significant player in the crypto space, backed up by strong developments and strategic alliances. It's being heavily utilized in linking the Cosmos ecosystem, drawing the attention of Asia's Digital Bank. A concept coined as an 'Internet of blockchains' is under construction by BSN, China's blockchain network, and IRISnet, highlighting the extent of development happening around it. The advancements are not limited domestically, with IRISnet's blockchain product for Cosmos being open-sourced on an international scale. Careful eyes are on Binance though, as it has announced close censorship of certain tokens, issuing warnings and monitoring tags. However, these concerns are accompanied by opportunities since Binance has also invited small to medium-sized projects for listing. China's BSN is also set to incorporate a more controlled version of Cosmos into its network, where Chainlink and Cosmos have a role as well. It's noteworthy that IRIS-net V2.1.1 software has been released, an upgrade that could impact the overall functionality and user experience. Despite monitoring by Binance, the overall outlook seems promising with many forward-thinking initiatives in the pipeline.

IRISnet News Analytics from Mon, 17 Aug 2009 07:00:00 GMT to Mon, 02 Sep 2024 08:40:14 GMT - Rating 5 - Innovation 7 - Information 3 - Rumor 8

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