#Sony launches blockchain#
Hot Topic Overview
Overview
Sony this week launched its universal blockchain platform called "Soneium," built on Optimism's OP Stack, aiming to bridge the gap between Web2 and Web3 audiences, especially for creators, fans, and communities. However, the platform's launch has sparked controversy, with some users complaining that the network has blocked memecoin transactions, leading to accusations that the network is "censoring" certain types of transactions. This controversy highlights the inevitable tension between hardened blockchain ideals and traditional corporate interests, but also showcases the resilience of cryptocurrency, with some users finding a workaround that allows them to "force" transactions to the Ethereum base network. Besides Sony's blockchain platform, there were other notable cryptocurrency news this week, including Bubblemaps launching its token BMT and the new "Intel Desk," Babylon Labs partnering with the Cosmos Network to build a trust-minimized Bitcoin bridge, and US prosecutors demanding the return of stolen Bitcoins from the 2016 Bitfinex hack.
Ace Hot Topic Analysis
Analysis
Sony recently launched a universal blockchain platform called "Soneium," built on Optimism's OP Stack, aiming to bridge the gap between Web2 and Web3 audiences, particularly for creators, fans, and communities. While Sony's blockchain technology has garnered attention over the past week, not all the focus has been positive. Some users have complained that the network blocks memecoin transactions, leading to accusations that the network is "censorship" certain types of trades, a big no-no for some cryptocurrency believers. This controversy highlights the inevitable tension between hardened blockchain ideals and traditional corporate interests. But the event also showcased the resilience of crypto: some savvy blockchain users found a workaround, allowing them to "force" transactions through to the Ethereum base network, rendering Sony's alleged transaction blocking moot.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Sony launches blockchain aimed at bridging the gap between Web2 and Web3 audiences, especially for creators, fans, and communities.
Sony's blockchain technology has sparked controversy, with some users complaining that the network blocked memecoin trading and has been accused of censoring certain types of transactions.
Blockchain analytics service Bubblemaps launches BMT token, holders can suggest investigations and vote on resource allocation in the platform's 'Intel Desk'.
Babylon Labs is building a trust-minimized Bitcoin bridge with the Cosmos network to enhance Bitcoin's interoperability and allow it to trade on blockchains that are not constrained by Bitcoin's speed and scaling limitations.