• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

2025-07-10

Tokenized Stock EXPLOSION: Solana RWAs & Equities Will TAKE OVER!

2025-07-10

How To Mine Bitcoin At Home

2025-07-10

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09

    Crypto Risk Management Strategies for Trading (2025)

    2025-07-07
  • Videos

    Tokenized Stock EXPLOSION: Solana RWAs & Equities Will TAKE OVER!

    2025-07-10

    How To Mine Bitcoin At Home

    2025-07-10

    Time Is Running Out to Accumulate Bitcoin at These Levels

    2025-07-09

    Korea Goes ALL IN On Crypto: ETFs, Institutions, XRP & More!

    2025-07-09

    Don’t Miss These Bullish Events That Will Help Bitcoin

    2025-07-08
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Blockchain»Witness Chain announces enabling DePINs on the Ethereum network
Blockchain

Witness Chain announces enabling DePINs on the Ethereum network

2024-04-08No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Witness Chain recently announced that it is enabling DePINs on the Ethereum network. The announcement was made on the official X account of Witness Chain.

The string of tweets talked about how Witness Chain is using Polygon Labs and EigenLayer CDK for the development. The blockchain company also named the ventures affiliated with the program over X.

Witness Chain’s DCL (DePIN Coordination Layer) is now the very first physical state consensus protocol that can unify a siloed DePIN infrastructure. In the future, DePINs can be used to share value, bootstrap infrastructure, and access better financial tools.

With the DCL, the Witness Chain is enabling:

  • An added layer of security with Dual Staking access
  • A platform for dApp developers to develop DePIN-based DeFi
  • Composability and discoverability via other DePINs
  • Programmable bootstrapping economics

Operated by the globally distributed watchtower network, Witness Chain allows open participation from any EigenLayer node operator. Such watchtowers can be used to facilitate physical consensus across multiple DePINs.

In addition, a few days ago, Ankr added Ethereym security to its Web3 protocol. The addition is considered Ankr’s most crucial feature, combining safe node operations, efficient scaling services, and innovative liquid staking technologies.

Witness Chain is pioneering a streamlined economy where DePIN can offer a common stage for shared value generation. With its AVS (Actively Validated Service) on EigenLayer, Witness Chain will become the foundation for a revolutionary vision.

DePINs have access to a shared platform through Witness Chain that allows them to reach an agreement on their physical condition. Additionally, it makes way for future methods like Proof of Location and Proof of Bandwidth.

See also  Ethereum Is Losing Bullish Confidence As It Continues To Decline: More Downside For ETH Price?

The DeFi community is warmly welcoming these updates, paving the path to success for Witness Chain.

Announces Chain DePINs Enabling Ethereum Network witness
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin, Solana, and Ethereum to da moon trades…

2025-06-11

Get Ready For Bitcoin Next BIG MOVE | Ethereum Moves Higher

2025-06-10

The Ethereum Hopium Is Rising!!!

2025-06-10

The Ethereum Hopium Is Strong With This One!

2025-06-04
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Videos

How One Tweet Created Mexico’s First Bitcoin Community

2023-10-26

It’s astounding how the ripple effects of a single tweet can lead to something as…

Blockchain

Friend.tech Completes On-Chain Transaction for Ownership Transfer

2023-12-04

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and…

Regulation

CoinTracker integrates with H&R Block to offer crypto tax preparation

2023-03-10

Crypto tax software provider CoinTracker is integrating its software with H&R Block, a company that…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines

2025-07-10

Tokenized Stock EXPLOSION: Solana RWAs & Equities Will TAKE OVER!

2025-07-10

How To Mine Bitcoin At Home

2025-07-10

What Is Copy Trading in Crypto? A Beginner’s Guide

2025-07-10
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 117,580.50
ethereum
Ethereum (ETH) $ 2,957.35
xrp
XRP (XRP) $ 2.73
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 690.46
solana
Solana (SOL) $ 162.92
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.201212
tron
TRON (TRX) $ 0.301551
staked-ether
Lido Staked Ether (STETH) $ 2,954.85
bitcoin
Bitcoin (BTC) $ 117,580.50
ethereum
Ethereum (ETH) $ 2,957.35
xrp
XRP (XRP) $ 2.73
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 690.46
solana
Solana (SOL) $ 162.92
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.201212
tron
TRON (TRX) $ 0.301551
staked-ether
Lido Staked Ether (STETH) $ 2,954.85