Gnosis Chain Looks Forward to Competitive Marketplace for Prover Needs
Gnosis Chain Looks Forward to Competitive Marketplace for Prover Needs
Gnosis Chain's team, operating ZK light clients for both their platform and Hashi Alliance, is anticipating a competitive marketplace for their prover needs. They believe that such a marketplace, offering a variety of circuit implementations and computational options, could address many of their concerns.
As a team running ZK light clients in production for both @gnosischain and @hashialliance, a competitive marketplace for our prover needs, both in terms of computation but also variety of circuit implementation, could alleviate lots of our concerns. Looking forward to this!
But with time, customers who were relying our platform for really critical parts of their protocol (like bridging) started asking questions about long-term lock-in, liveness guarantees of the system and more.
Back in summer 2023 the Telepathy ZK light client by @SuccinctLabs was added as a validator on the @gnosischain bridge. Lessons learnt after 6 months of ops in prod 馃憞
30+ Countries Now Have National Stablecoins on Gnosis Chain
**Major milestone reached** as over 30 countries across Europe, North America, and South America now have their national stablecoins deployed on Gnosis Chain. The expansion includes: - **European nations**: Germany, France, Italy, Spain, Netherlands, and 20+ others - **North America**: United States - **South America**: Brazil - **Small states**: Vatican City, Monaco, San Marino This represents significant growth from Gnosis Pay's earlier availability across European markets. The deployment of national stablecoins suggests countries are exploring **blockchain-based digital currency solutions** on the community-owned network. Gnosis Chain's **credible neutrality** and EVM compatibility appear to be attracting government-level adoption for digital currency infrastructure.
Gnosis Ecosystem Integrates ZCHF Stablecoin with GnosisPay Card and Zeal Wallet
The Gnosis ecosystem has launched an integrated solution allowing users to **mint ZCHF stablecoin using GNO tokens**. Key features include: - Mint fresh ZCHF with GNO tokens - **Global spending** via GnosisPay card - **Earn yield** on holdings through Zeal Wallet - **Fee-free** ZCHF acquisition This integration creates a seamless experience from minting to spending, positioning ZCHF as a practical stablecoin for everyday use while generating returns for holders.
Gnosis Chain Positions Itself as Universal Hub for Local Currency Stablecoins
**Gnosis Chain is positioning itself as the primary blockchain for local currency stablecoins** beyond USD-denominated tokens. The platform aims to become the settlement layer where all foreign exchange transactions occur. Key services include: - **Liquidity provision** for various local currency pairs - **Use case development** to expand stablecoin utility - **Distribution support** for broader adoption Gnosis emphasizes that monetary systems extend beyond the US dollar, targeting a more diverse stablecoin ecosystem. The initiative appears focused on creating infrastructure for regional currencies rather than competing solely in the USD stablecoin market. The team is actively seeking partnerships and collaborations to build this multi-currency stablecoin infrastructure.
Spark Finance Airdrop Now Live for Gnosis Users
The Spark Finance ($SPK) airdrop is now available for eligible Gnosis Chain users. Qualification criteria: - SparkLend deposits of $100+ before April 15, 2025 - Holding 1,000+ xDAI on Gnosis Chain by April 15, 2025 - $5,000+ in stablecoin deposits on Aave (Gnosis Chain) by March 15, 2025 Claims can be made at [app.spark.fi/SPK/airdrop](http://app.spark.fi/SPK/airdrop) Check your eligibility and claim your tokens now.
Crypto Solving Real Financial Challenges
Recent developments highlight practical applications of cryptocurrency in everyday financial transactions: - Real-world implementation demonstrated by @functi0nZer0 showcases crypto's ability to address concrete financial challenges - Gnosis Pay partnership with @monerium enables seamless transition between on-chain and real-world transactions - Users can now easily move and spend digital assets in everyday situations *Key Innovation*: Bridge between traditional finance and crypto becoming more accessible and practical.