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Æternity Hyperchains® Beta Launch Lets Users Run Attack-Proof Customized L1s

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Sofia, Bulgaria, 24th December 2024, ZEX PR WIREThe Aeternity Foundation has unveiled its long-awaited Hyperchains® protocol, a solution for users — especially corporates — who require the same level of control and predictability from blockchain as they do from other parts of their IT infrastructure. Today’s public beta release demonstrates how users can now operate up a custom-configured blockchain that’s made attack-proof by using æternity, Bitcoin, or DOGE networks as a secondary security mechanism.

Hyperchains is the first and only blockchain solution that allows users to run a fully independent Layer 1 blockchain (L1), customize its performance, participation, and security attributes as well as set the network’s reward and penalty parameters. Hyperchains uses a hybrid consensus mechanism layering Proof-of-Stake (PoS) performance on top of Proof-of-Work (PoW) security.

“Hyperchains addresses the blockchain adoption crisis head-on,” said Nikola Stojanow, Chairman of the Aeternity Foundation. “Hyperchains is a technological leap forward for security and performance, but what’s truly revolutionary is that we allow users to run a L1 blockchain that is independent from other tokens and organizations. They don’t just launch a token, they launch a whole blockchain.”

Hyperchains is an out-of-the-box blockchain solution with all the utility and features      of the æternity blockchain such as native compatibility with æternity SDK’s, oracles, and compilers. Hyperchains has full compatibility with æternity’s FATE virtual machine, Sophia smart contract language, and hyper-efficient Erlang code base as well as features like State Channels, Zero-Knowledge Proofs, and Account Abstraction.

Hyperchains initiators can choose to crowdsource data processing and security with a public Hyperchain—where anyone can participate as a validator—or take full control of chain operations with a permissioned Hyperchain that restricts participation. Hyperchains allows further security benefits from decentralization when operators choose to allow delegators to commit tokens to validators and increase the total stake of the Hyperchain.

Hyperchains can be operated without any special hardware, allowing users to secure blockchain transactions without ASICS or dedicated miners. It’s virtually impossible to compromise a Hyperchain due to a process called “pinning” which posts anchor points to a second PoW blockchain to assure the integrity of a Hyperchain in the event of a fork or rewrite. Hyperchains’ security mechanism, which is explained in a new whitepaper, can only be exploited if attackers accomplish the impossible—successfully compromise both the Hyperchain and its PoW pinning chain.

“Hyperchains solves the blockchain trilemma—there’s no compromise between decentralization, security, and scalability, “ according to æternity ecosystem program director Laurent Martin. “Hyperchains’ hybrid consensus security is unbeatable, delegated staking invites every kind of user to participate in the network, and we see performance pushing the limits of physical infrastructure by the end of 2025.”

The Aeternity Foundation encourages interested developers and corporate decision makers to explore the beta release of Hyperchains. The Foundation is providing grant support for integrating services such as EVM bridging, DEX functionality, and wallet support that will further extend the benefits of Hyperchains in the buildup to the v1.0 release in 2025Q1. The Aeternity Foundation supports the technical development of Hyperchains, but has no connection with any user-created Hyperchain.

Getting Started with Hyperchains Beta

The Hyperchains beta release is now available for testing. Regular users can explore the platform’s features at aeternity.com/hyperchains, while developers can access the technical implementation at github.com/aeternity/aeternity/releases/tag/v7.3.0-rc2. As this is a beta release, users should not commit assets of value until the first stable release in 2025Q1.

About the Aeternity Foundation

The Aeternity Foundation stands at the forefront of blockchain innovation. Based in Sofia, Bulgaria, the Foundation drives technological advancement through strategic partnerships, developer support, and a commitment to accessible, scalable blockchain solutions.

Final Notice

This is a public beta release of Hyperchains functionality that is to be considered FOR TESTING PURPOSES ONLY. No assets of value should be committed to Hyperchains until the first stable release.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

129Knots launches with $10M investment led by Sing Fuels, over $500M deal  pipeline, and first of its kind real-world asset origination to distribution (OTD) technology

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Global fintech venture 129Knots has launched with a $10 million investment led by  Sing Fuels. Backed by a $500 million deal pipeline, it is set to revolutionize the industry  with its real-world asset origination to distribution (OTD) technology.

(L-R) Mahesh Kumar, Vikash Dhanuka

The OTD technology will reinvent deep-tier industries by delivering and deploying scalable liquidity solutions through secure chain technologies. This will elevate supply  chains into high-value assets that meet investment-grade standards. Moreover, the  platform is driven by a proprietary data driven credit engine named Tribal Knots. Tribal  Knots uses advanced machine learning and integrates both structured and  unstructured data from global networks to offer real-time insights into buyer behavior,  transaction patterns, and industry benchmarks.

129Knots was incubated and launched under the Singapore Economic Development  Board (EDB) Corporate Venture Launchpad programme, which supports companies  with venture creation and startup partnerships from Singapore. The corporation  partnered with McKinsey & Company to validate its market opportunity, which led to the  creation of 129Knots to drive innovation in the real-world asset economy. The  additional support from Enterprise Singapore and IBM consulting, combined with the  $10 million capital injection, will help scale 129Knots globally as it aims to solve the  $2.5 trillion gap between trade finance requests and approvals, which is its first market  entry value proposition.

129Knots will also offer a vast range of next-gen OTD solutions across trade credit,  asset tokenization, programmable money, stablecoin-powered transactions, blockchain  technology, advanced trade audit trails, innovative credit risk assessment models, and  trade governance. These technologies will redefine real-world asset management,  increase transparency, and enhance risk mitigation beginning in the marine energy  transition sector, with plans to expand into other high growth industries.

The pipeline of over $500 million in deals, combined with the financial vote of  confidence from one of Singapore’s fastest-growing companies, is clear evidence of the  overwhelming demand for state-of-the-art asset origination to distribution platform,  according to 129Knots.

Vikash Dhanuka, Founder & Group CEO, said: “The homogeneous approach of  balance-sheet led lending is obsolete. A one-size-fits-all approach simply fails in a  dynamic sector such as global trade. At 129Knots, we redefine the game with a tailored  integration of OTD technology, business risk management, and finance.

As an example, a small marine energy supplier in an emerging market can tokenize  receivables using programmable money, enabling instant credit disbursement upon  achieving predefined milestones verified in real-time through advanced governance  audit trails. This innovation provides financiers with full visibility into trade assets,

mitigates risks and unlocks capital previously unavailable through conventional  channels.”

Mahesh Kumar, co-founder and interim CEO at 129Knots, said: “At the forefront of the  real-world asset economy, 129Knots strives to become the world’s most trusted  originator and distributor of real-world assets and to revolutionize deep-tier trade industries with safe, efficient, and next-gen secure chain technologies.

129Knots is therefore more than just a fintech platform; it is designed for scalability and  adaptability. Our cutting-edge OTD technology seamlessly provides end-to-end data  visibility from asset origination to distribution. 

About 129Knots:

129Knots is pioneering a state-of-the-art, real-world asset origination to distribution  (OTD) platform. Our breakthrough technology will reinvent deep-tier industries by  delivering and deploying scalable liquidity solutions through secure chain technologies.  Powered by a proprietary credit engine named Tribal Knots, 129Knots will elevate  supply chains into high-value assets that meet investment-grade standards. 

129Knots was incubated and launched under the Singapore Economic Development  Board (EDB) Corporate Venture Launchpad programme, with additional support from  McKinsey & Company, Enterprise Singapore and IBM consulting.

Visit 129Knots here for more info.

MEDIA CONTACT:

Company: Third Hemisphere

Email: kavita@thirdhemisphere.agency

Country: Singapore

Website: https://thirdhemisphere.agency/

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Press Release

Collectors Club Grand Opening: Revolutionizing Card Grading and Collecting in Wynwood, Miami

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Miami, FL – January 31, 2025 – A groundbreaking new destination for collectors, enthusiasts, and connoisseurs of high-end trading cards and memorabilia is set to redefine the industry. Collectors Club, located in the heart of Wynwood, Miami, officially opens its doors today, Friday, January 31, at 8 PM. This unprecedented experience combines an elite collectibles showcase, on-site AI-powered card grading, and a luxurious lounge—all in one stunning venue.

A Never-Before-Seen Collectibles Showcase

Collectors Club is not just a card shop—it’s a museum of the most coveted and valuable trading cards in existence. The showroom features millions of dollars’ worth of rare, high-end collectibles, including 1-of-1 masterpieces, iconic rookie cards, sealed boxes and cases spanning all sports, TCGs, and more. This curated exhibition creates a one-of-a-kind experience, collectors now have instant access to top-tier card grading services..

The First-Ever On-Site Grading Lab

For the first time in the collectibles world, customers can have their cards graded on-site, eliminating the risks and delays of mailing their valuable submissions. AGS (Automated Grading Systems), the industry’s leading AI-powered grading technology, has established its state-of-the-art lab inside Collectors Club. Visitors can submit their cards and receive accurate, fast, and transparent grading results the same day—collectors now have instant access to top-tier card grading services..

A Luxurious Lounge & Social Experience

Collectors Club is more than a destination for high-end cards—it’s a space for community, networking, and celebration. The venue features a full premium bar, a stylish lounge, and an expansive outdoor space designed for exclusive events, collector meetups, and private gatherings. This sophisticated environment blends luxury and leisure, making it the premier hotspot for collectors, investors, and sports enthusiasts to connect and unwind.

Join Us for the Grand Opening Celebration

Collectors Club invites the community to experience the future of collecting at tonight’s grand opening. Hosted by DJ Irie, the official DJ for the Miami Heat, the event will feature high-profile guests, including celebrities, athletes, models, and high-end collectors. Expect an evening of excitement, elite networking, and the unveiling of an entirely new way to engage with the collectibles world. Plus, don’t miss out on huge giveaways throughout the night, bringing unmatched precision to collectors.. Doors open at 8 PM—don’t miss your chance to be part of history.

Location & Event Details

Location: Collectors Club, 2812 NW 2nd Ave, Miami, FL 33127

Date & Time: Friday, January 31, 2025, at 8 PM

For Media Inquiries, Contact:

Company name:Collectors Club

Contact name: Alex Aleksandrovski

Email: contact@collectorsclub.com

Phone: (954) 758-9054

Website: https://www.collectorsclub.com

About Collectors Club

Collectors Club is the ultimate destination for high-end trading card collectors, offering an elite showroom, AGS on-site grading, and a luxurious lounge experience. Located in Wynwood, Miami, Collectors Club is redefining the collectibles industry with innovation, exclusivity, and world-class hospitality.

Follow us on social: Instagram, X, TikTok: @CollectorsClubX

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Press Release

Ammar Jali Explores Rabat: A Journey Through Morocco’s Capital of Heritage and Modernity

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Michigan, US, 31st January 2025, ZEX PR WIRE, Rabat, Morocco’s stunning capital, recently served as the backdrop for celebrated traveler and entrepreneur Ammar Jali’s latest cultural exploration. Renowned for his immersive journeys into culturally rich destinations, Jali’s visit to Rabat explored deep into the city’s unique balance of tradition and modernity, offering fresh perspectives on one of Morocco’s most significant urban centers.

Exploring the Historic Landmarks of Rabat

Jali’s journey began in the heart of Rabat’s history, with a visit to the iconic Kasbah of the Udayas. Perched above the Bou Regreg River, the kasbah’s blue-and-white-washed streets and lush Andalusian gardens captivated him. “Walking through the Kasbah of the Udayas feels like stepping into a storybook,” Jali remarked. “It’s a space where history whispers from every wall, yet the vibrant energy of the locals keeps it alive and thriving.”

A key highlight was Jali’s visit to the Hassan Tower, an unfinished minaret dating back to the 12th century. Adjacent to the tower lies the Mausoleum of Mohammed V, a masterpiece of Moroccan craftsmanship. Jali described it as “a symbol of Morocco’s respect for its past and the intricate artistry that defines its cultural identity.”

A Walk-Through Rabat’s Modern Soul

Rabat’s dual identity as a historic city and a thriving modern capital was evident as Jali explored its contemporary side. From the wide boulevards of the Ville Nouvelle to the bustling energy of Avenue Mohammed V, he discovered how Rabat blends innovation with tradition.

At the Mohammed VI Museum of Modern and Contemporary Art, Jali gained insight into Morocco’s evolving art scene. “The museum showcases how Moroccan artists are bridging the gap between heritage and modernity,” he said. “It’s a testament to the country’s dynamic creative spirit.”

Immersing in Rabat’s Local Culture

For Jali, no journey is complete without connecting with the local culture, and Rabat was no exception. He explored the city’s medina, with its lively souks offering traditional crafts, textiles, and spices. Engaging with artisans, Jali marveled at their dedication to preserving time-honored methods.

“Rabat’s medina is a mixture of sights, sounds, and scents,” Jali reflected. “Each corner tells a story, whether through the vibrant rugs hanging in the stalls or the laughter of children playing in the streets.”

The culinary offerings of Rabat also left a lasting impression. Jali indulged in local dishes such as harira, a traditional soup, and fresh seafood from the Atlantic coast. Sharing meals with locals, he discovered the role food plays in fostering connection and community.

A City at the Crossroads of Nature and Urban Life

Rabat’s coastal location and lush green spaces offered Jali a chance to unwind and reconnect with nature. He strolled through the tranquil Chellah gardens, an ancient Roman and medieval necropolis surrounded by blooming flora and the melodic calls of storks.

“The Chellah is a peaceful retreat within the city,” Jali noted. “It’s a reminder that even in a bustling capital, there are places where time seems to slow down.”

Additionally, a visit to Rabat’s scenic Corniche allowed Jali to take in views of the Atlantic Ocean and witness the interplay of modern life with the city’s natural surroundings.

Building Bridges Through Connection

As with all his travels, Jali prioritized forging human connections during his time in Rabat. Whether sipping mint tea with shopkeepers or learning about local customs from residents, these interactions enriched his understanding of the city’s spirit.

“The people of Rabat welcomed me with open hearts,” Jali shared. “Their warmth and pride in their culture made every moment unforgettable.”

Jali also visited community-driven initiatives that empower local artisans and entrepreneurs. “Supporting these projects is crucial to preserving Rabat’s heritage while fostering its future,” he emphasized.

Reflecting on Rabat’s Unique Essence

As Ammar Jali concluded his visit, he reflected on what makes Rabat a standout destination. “Rabat is a city of balance,” he said. “It honors its past while embracing progress. It’s a place where ancient walls stand alongside modern art galleries, and every encounter reveals a layer of its identity.”

Inspiring Travelers to Discover Rabat

For those considering a visit to Rabat, Jali offers his insights: “Approach Rabat with curiosity and an open mind. Explore its historic landmarks, savor its cuisine, and engage with its people. Rabat is a city that reveals its soul to those who take the time to listen.”

Ammar Jali’s exploration of Rabat showcases the transformative power of travel to bridge cultures and celebrate shared humanity. His journey through Morocco’s capital inspires others to seek out destinations that blend history, culture, and modernity, encouraging meaningful connections along the way.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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