hodler

26 Mar 2026, 05:28

Bitcoin’s quantum-resistance lag may become Ethereum’s bull case: Nic Carter

Crypto entrepreneur Nic Carter claims that Bitcoin developers still have their "head in the sand" when it comes to making Bitcoin quantum-resistant, compared to Ethereum.

26 Mar 2026, 05:25

Primus Privacy Layer on BNB Chain: Revolutionary Credit System Transforms DeFi Landscape

BitcoinWorld Primus Privacy Layer on BNB Chain: Revolutionary Credit System Transforms DeFi Landscape Singapore, March 2025 – Primus Labs has announced a groundbreaking initiative to build a privacy-preserving shared identity layer on BNB Chain, fundamentally transforming how decentralized finance interacts with real-world credit systems. This strategic development represents a significant advancement in blockchain infrastructure, potentially bridging traditional financial mechanisms with decentralized ecosystems through enhanced privacy protocols and verifiable identity solutions. Primus Privacy Layer Architecture on BNB Chain Primus Labs is implementing a sophisticated privacy-preserving shared identity layer directly on the BNB Chain infrastructure. This technical framework utilizes zero-knowledge proofs and selective disclosure mechanisms to protect user privacy while enabling necessary identity verification. The system operates through three core components: encrypted identity attestations, privacy-preserving computation nodes, and decentralized verification oracles. These elements work together to create what industry experts describe as a “trust layer” for decentralized applications. BNB Chain provides the ideal foundation for this implementation due to its established ecosystem and technical capabilities. The chain’s high throughput and low transaction costs enable efficient identity operations without compromising user experience. Furthermore, BNB Chain’s existing developer community and dApp ecosystem create immediate utility for Primus’s privacy layer. This integration follows a growing trend of specialized infrastructure development on established blockchain networks. Technical Implementation Details The privacy layer employs advanced cryptographic techniques including zk-SNARKs for identity verification without exposing underlying data. According to blockchain security analysts, this approach maintains regulatory compliance while preserving user autonomy. The system architecture separates identity attestation from application logic, allowing developers to integrate privacy features without rebuilding entire applications. This modular design significantly reduces implementation barriers for existing BNB Chain projects. Real-World Credit Systems in DeFi The project’s most ambitious component involves introducing real-world-based credit assessment mechanisms to decentralized finance. Traditional credit systems rely on centralized scoring models from institutions like FICO, Equifax, and TransUnion. Primus Labs aims to create decentralized alternatives that maintain accuracy while enhancing privacy and user control. This initiative addresses one of DeFi’s most significant limitations: the absence of sophisticated risk assessment tools. Real-world credit integration could transform lending protocols, insurance products, and other financial instruments on BNB Chain. Currently, most DeFi lending relies heavily on overcollateralization, limiting accessibility and efficiency. By introducing verifiable creditworthiness indicators, protocols could offer more flexible terms while maintaining security. This development follows increasing regulatory pressure for identity verification in decentralized finance, particularly in jurisdictions implementing Travel Rule compliance. The credit system will incorporate multiple data sources while preserving privacy through several innovative approaches: Selective disclosure protocols allowing users to share specific credit attributes without revealing complete identity Verifiable credentials from trusted institutions that can be cryptographically proven without exposing underlying documents Reputation accumulation mechanisms that track on-chain behavior while protecting transaction privacy Cross-chain identity portability enabling users to maintain credit profiles across multiple blockchain ecosystems Industry Impact and Market Implications This development arrives during a period of significant evolution for both privacy technologies and decentralized finance. The global DeFi market continues expanding despite regulatory uncertainties, with total value locked exceeding $200 billion across all chains. Privacy-preserving identity solutions represent a critical missing component for mainstream adoption. Financial institutions have increasingly expressed interest in blockchain technology but cite identity and compliance concerns as primary barriers. BNB Chain’s position as a leading smart contract platform makes it an ideal testing ground for these innovations. The chain processes millions of transactions daily across thousands of decentralized applications. Successful implementation could establish a template for other blockchain networks facing similar identity challenges. Industry analysts note that privacy-preserving identity layers may become standard infrastructure components within two to three years, similar to how oracle networks became essential DeFi building blocks. Regulatory Considerations and Compliance Privacy technologies in financial applications must navigate complex regulatory landscapes across multiple jurisdictions. Primus Labs has engaged with compliance experts to ensure their architecture accommodates necessary regulatory requirements. The system includes features for authorized disclosure under legal frameworks while maintaining default privacy protections. This balanced approach addresses concerns from both privacy advocates and regulatory bodies. Recent developments in digital identity regulation, including the European Union’s eIDAS 2.0 framework and various national digital identity initiatives, create both challenges and opportunities. The Primus architecture appears designed to interoperate with emerging standardized identity systems while maintaining blockchain-native characteristics. This strategic positioning could facilitate institutional adoption while preserving decentralized principles. Comparative Analysis with Existing Solutions Several projects have attempted to address identity and credit challenges in decentralized finance, with varying degrees of success. The table below compares Primus’s approach with notable alternatives: Solution Blockchain Privacy Approach Credit Integration Primus Layer BNB Chain Zero-knowledge proofs Real-world credit system BrightID Multiple Social graph analysis Basic identity verification Ontology Native chain Decentralized identifiers Limited credit features Polygon ID Polygon Zero-knowledge proofs Identity-focused Primus distinguishes itself through its specific focus on credit systems rather than general identity management. This specialized approach allows deeper integration with financial applications and more sophisticated risk assessment models. The BNB Chain implementation provides immediate access to a substantial existing user base and developer community, potentially accelerating adoption compared to standalone identity networks. Development Timeline and Implementation Phases Primus Labs has outlined a multi-phase implementation strategy beginning with core infrastructure development in Q2 2025. The initial phase focuses on basic identity attestation capabilities using zero-knowledge proofs. Subsequent phases will introduce increasingly sophisticated credit assessment mechanisms and integration with external data sources. The complete system should be operational by late 2026, according to project documentation. Early testing will involve selected BNB Chain projects requiring identity verification, including lending protocols and decentralized exchanges. This staged approach allows for iterative refinement based on real-world usage patterns and security assessments. The development team includes veterans from both traditional finance and blockchain sectors, combining expertise in credit systems with deep knowledge of decentralized technologies. Conclusion The Primus privacy layer on BNB Chain represents a significant advancement in blockchain infrastructure with potential to transform decentralized finance. By introducing privacy-preserving identity solutions and real-world credit systems, this initiative addresses fundamental limitations in current DeFi ecosystems. Successful implementation could enhance accessibility, efficiency, and regulatory compliance across financial applications while maintaining core blockchain values of user sovereignty and transparency. As development progresses through 2025, the industry will closely monitor this ambitious attempt to bridge traditional financial mechanisms with decentralized technologies through innovative privacy approaches on one of blockchain’s most active networks. FAQs Q1: What exactly is the Primus privacy layer on BNB Chain? The Primus privacy layer is a technical infrastructure implementing privacy-preserving identity verification and credit assessment systems on BNB Chain using zero-knowledge proofs and selective disclosure mechanisms. Q2: How does this differ from existing identity solutions in blockchain? Primus specifically focuses on credit systems rather than general identity management, employs advanced zero-knowledge proofs for enhanced privacy, and integrates directly with BNB Chain’s existing ecosystem rather than operating as a standalone network. Q3: What are the potential benefits for DeFi users? Users could access more flexible lending terms, reduced collateral requirements, enhanced privacy protections, and portable identity credentials across multiple applications while maintaining control over their personal data. Q4: How does the system address regulatory compliance requirements? The architecture includes mechanisms for authorized disclosure under legal frameworks, interoperability with emerging digital identity standards, and compliance-focused design while maintaining default privacy protections. Q5: When will the Primus layer be fully operational on BNB Chain? Development follows a phased approach with core infrastructure expected in 2025 and complete credit system implementation targeted for late 2026, subject to testing and security assessments. This post Primus Privacy Layer on BNB Chain: Revolutionary Credit System Transforms DeFi Landscape first appeared on BitcoinWorld .

26 Mar 2026, 05:20

Asian Currencies Face Critical Test as Iran War Signals Rattle Markets; Rupee Nears Dangerous Low

BitcoinWorld Asian Currencies Face Critical Test as Iran War Signals Rattle Markets; Rupee Nears Dangerous Low Asian financial markets entered a period of heightened vigilance on Thursday, with regional currencies showing unusual stability against a backdrop of escalating Middle Eastern tensions. Meanwhile, the Indian rupee approached its all-time low, creating a dual narrative of caution and pressure across emerging market forex trading desks from Tokyo to Mumbai. Traders globally are carefully weighing conflicting signals from Iran and analyzing potential ripple effects through currency corridors. Asian Currencies Demonstrate Resilience Amid Geopolitical Uncertainty Most Asian currencies maintained narrow trading ranges during the Thursday session, displaying unexpected stability despite mounting geopolitical concerns. The Japanese yen traded within a 0.3% band against the US dollar, while the Chinese yuan showed minimal movement following People’s Bank of China interventions. Market analysts attribute this stability to several factors: Pre-existing risk pricing: Regional currencies had already priced in substantial geopolitical risk premiums throughout the previous quarter Central bank readiness: Asian monetary authorities maintained elevated foreign exchange reserves for market stabilization Diversified trade relationships: Many Asian economies reduced dependency on Middle Eastern energy imports over the past three years However, this surface calm masks underlying vulnerabilities. Singapore-based strategist Marcus Chen observed, “Asian currency markets are displaying what we call ‘tense stability’—the calm before potential storm conditions. Market participants are maintaining positions but have contingency plans activated.” US Dollar Maintains Strength as Global Safe Haven The US dollar index held steady near three-month highs, continuing its role as the primary global safe-haven currency during periods of geopolitical stress. Dollar strength manifested particularly against emerging market currencies, though major Asian pairs showed more resilience than their European counterparts. Several factors contributed to dollar demand: Factor Impact Level Market Evidence Federal Reserve policy expectations High Futures pricing indicates delayed rate cuts Geopolitical risk premium Medium-High Increased dollar buying in Asian session Relative economic strength Medium US growth outperforms other developed markets Currency strategists note that dollar strength creates particular challenges for Asian economies with dollar-denominated debt. According to International Monetary Fund data released last month, emerging Asia’s dollar debt exposure remains elevated at approximately 35% of total external obligations. Expert Analysis: The Iran Factor in Currency Calculations Regional financial institutions have intensified their monitoring of Middle Eastern developments. “The Iran situation represents a classic geopolitical risk scenario,” explained Dr. Amina Hassan, senior geopolitical risk analyst at the Asian Development Bank Institute. “Markets are attempting to distinguish between rhetorical escalation and substantive military action. Currently, currency movements suggest traders believe direct conflict remains unlikely but are pricing in elevated energy price volatility.” Historical analysis reveals that Asian currencies typically experience delayed reactions to Middle Eastern conflicts. During the 2020 regional tensions, Asian forex markets showed initial stability followed by adjustment periods of 7-10 trading days as secondary effects materialized. Indian Rupee Approaches Critical Support Level The Indian rupee traded within 0.15% of its all-time low against the US dollar, raising concerns among policymakers at the Reserve Bank of India. Several converging pressures contributed to rupee weakness: Elevated crude oil prices: India imports approximately 85% of its petroleum needs Foreign portfolio outflows: Equity markets experienced $1.2 billion in foreign selling this month Trade deficit concerns: Preliminary data suggests widening merchandise trade gap RBI intervention patterns indicate the central bank has deployed approximately $3.5 billion in forex reserves this month to smooth currency volatility. Market participants anticipate further intervention if the rupee tests its historical low of 83.45 against the dollar. Comparative Asian Currency Performance Analysis A comparative examination reveals divergent trajectories among major Asian currencies. The Philippine peso and Indonesian rupiah showed relative strength, supported by positive domestic economic indicators and central bank credibility. Conversely, the South Korean won and Thai baht faced additional pressure from specific domestic factors including export challenges and political uncertainty respectively. This divergence highlights the complex interplay between global risk factors and local economic fundamentals. As noted in the Bank for International Settlements’ latest quarterly review, “Asian currency movements increasingly reflect both global risk sentiment and differentiated domestic policy responses.” Market Mechanisms and Trader Positioning Foreign exchange trading desks across Asia reported elevated but measured activity. “We’re seeing two-way flow,” reported Hong Kong-based head of forex trading James Wong. “Some investors are reducing Asian exposure while others view current levels as entry points for fundamentally strong currencies.” Options market data reveals increased demand for currency protection. One-month risk reversals—which measure the premium for protection against currency moves—widened for several Asian pairs. The rupee’s risk reversal reached its highest level since September, indicating heightened concern about further depreciation. Conclusion Asian currencies face a complex balancing act as geopolitical tensions intersect with domestic economic realities. The relative stability of regional forex markets reflects both preparedness and cautious optimism, while the Indian rupee’s approach to record lows signals specific vulnerability to external shocks. Market participants will continue monitoring Iran conflict signals alongside fundamental economic data, with central bank interventions likely to play crucial roles in maintaining stability. The coming sessions will test whether current Asian currency resilience represents durable strength or temporary calm before adjustment. FAQs Q1: Why are Asian currencies stable despite Iran tensions? Asian currencies show stability due to pre-existing risk pricing, substantial foreign exchange reserves, diversified trade relationships, and central bank readiness to intervene. Many regional economies have reduced Middle Eastern energy dependency in recent years. Q2: How close is the Indian rupee to its record low? The Indian rupee traded within 0.15% of its all-time low of 83.45 against the US dollar during Thursday’s session. The Reserve Bank of India has intervened with approximately $3.5 billion this month to manage volatility. Q3: What factors are pressuring the Indian rupee? The rupee faces pressure from elevated crude oil prices (India imports 85% of needs), foreign portfolio outflows ($1.2 billion this month), and a widening merchandise trade deficit according to preliminary data. Q4: How does the US dollar benefit from geopolitical tensions? The US dollar strengthens during geopolitical uncertainty as it serves as the primary global safe-haven currency. Investors seek dollar assets for their perceived stability, liquidity, and the relative strength of the US economy. Q5: What are risk reversals in currency markets? Risk reversals measure the premium traders pay for options protection against currency movements. Widening risk reversals indicate increased market concern about potential currency depreciation, as currently seen with the Indian rupee. This post Asian Currencies Face Critical Test as Iran War Signals Rattle Markets; Rupee Nears Dangerous Low first appeared on BitcoinWorld .

26 Mar 2026, 05:18

Is XRP price ready to jump after Ripple’s MAS BLOOM expansion?

The cryptocurrency market’s rally has stalled in the last few hours, with Bitcoin declining below $71,000 once again. Ether also risks dropping below $2,100 if the current market conditions persist. Ripple’s XRP failed to take out the $1.46 resistance once again and is now trading at $1.40 per coin. Momentum indicators remain mildly bearish, suggesting that XRP could see further selloff in the near term. Ripple tests RLUSD in MAS sandbox XRP’s poor performance comes despite Ripple getting onboarded to BLOOM, an initiative by the Monetary Authority of Singapore (MAS). The project, BLOOM (short for Borderless, Liquid, Open, Online, Multi-currency), is a sandbox designed to support settlement capabilities for tokenized liabilities and regulated stablecoins. The project seeks to take advantage of Ripple’s institutional-grade infrastructure built on the XRP Ledger (XRPL) and the Unloq platform to showcase Singapore’s interoperable settlement infrastructure. Ripple and Unloq will utilize assets such as stablecoins and tokenized liabilities to address existing inefficiencies in cross-border trade settlement. While commenting on this latest development, the Ripple team said, “Built on the XRP Ledger, SC+ Solution, Unloq’s smart-contract-driven trade finance platform uses RLUSD to automatically trigger payments the moment the shipment is verified.” XRP’s dip comes despite growing retail interest in the cryptocurrency. XRP’s futures Open Interest (OI) rose to $2.52 billion on Thursday, up from the $2.41 billion recorded on Wednesday. A persistent increase in OI is required to sustain steady price increases. Furthermore, unlike Bitcoin and Ethereum Exchange-Traded Funds (ETFs), which recorded outflows earlier this week, XRP has recorded mild inflows over the past few days. XRP ETFs recorded an inflow of $1.4 million on Tuesday, followed by another $893,000 on Wednesday. Current data shows net assets under management averaging $978 million while cumulative inflows stand at $1.21 billion. XRP could rebound as the support level holds The XRP/USD 4-hour chart is bearish and efficient as Ripple has been consolidating over the past five days. The coin has a mildly bearish outlook, with the Moving Average Convergence Divergence (MACD) indicator currently below the signal line, indicating a fading bullish bias. The Relative Strength Index (RSI) reads 47 on the same chart, reinforcing a consolidating phase rather than a bullish one. Currently, XRP is trading well below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), keeping the broader structure under downside pressure despite the recent rally. The bulls are holding the $1.40 support at the moment. If this support level fails, XRP will likely retest the weekly low of $1.36, where a decisive close below would open a deeper pullback toward the $1.30 demand zone. However, if the market recovery continues, XRP could surge past the $1.46 weekly swing high before targeting the $1.49 resistance level, aligning with the 50-day EMA. A solid break above this resistance level would expose XRP to the $1.54 area, which could signal a bullish switch on the higher timeframe. The post Is XRP price ready to jump after Ripple’s MAS BLOOM expansion? appeared first on Invezz

26 Mar 2026, 05:18

Dogecoin (DOGE) Stalls in Range, Bulls Fail to Seize Momentum

Dogecoin corrected some gains from the $0.0980 zone against the US Dollar. DOGE is now holding the $0.0940 support and might aim for a fresh increase. DOGE price started a fresh downside correction below $0.0955. The price is trading above the $0.0940 level and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $0.0952 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could aim for a fresh increase if it remains stable above $0.0928. Dogecoin Price Trims Gains Dogecoin price started a downside correction after it failed to surpass $0.0980, like Bitcoin and Ethereum . DOGE declined below the $0.0960 and $0.0955 levels. There was a move below the 38.2% Fib retracement level of the upward move from the $0.0897 swing low to the $0.0978 high. Besides, there was a break below a bullish trend line with support at $0.0952 on the hourly chart of the DOGE/USD pair. The price even spiked below $0.0950 before the bulls appeared. Dogecoin price is now trading above the $0.0940 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0955 level. The first major resistance for the bulls could be near the $0.0980 level. The next major resistance is near the $0.10 level. A close above the $0.10 resistance might send the price toward $0.1080. Any more gains might send the price toward $0.1120. The next major stop for the bulls might be $0.120. More Losses In DOGE? If DOGE’s price fails to climb above the $0.0980 level, it could continue to move down. Initial support on the downside is near the $0.0940 level or the 50% Fib retracement level of the upward move from the $0.0897 swing low to the $0.0978 high. The next major support is near the $0.09280 level. The main support sits at $0.0880. If there is a downside break below the $0.0880 support, the price could decline further. In the stated case, the price might slide toward the $0.0840 level. Any more losses might call for a test of $0.080. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.0940 and $0.0928. Major Resistance Levels – $0.0955 and $0.0980.

26 Mar 2026, 05:15

Milkyway Layer 1 Shutdown: A Strategic Pivot Sends Assets Back to Native Blockchains

BitcoinWorld Milkyway Layer 1 Shutdown: A Strategic Pivot Sends Assets Back to Native Blockchains In a significant development for the interoperable blockchain sector, the Milkyway (MILK) project has officially announced the termination of its standalone Layer 1 blockchain operations. This decisive move, confirmed by the project’s core development team, follows a completed network update designed to safeguard user assets. Consequently, the platform has systematically returned all on-chain assets to their original, native blockchains. For users, this means assets like TIA are now directly accessible on the Celestia chain, marking the end of Milkyway’s role as an independent settlement layer. Understanding the Milkyway Layer 1 Shutdown The Milkyway shutdown represents a strategic recalibration within a competitive blockchain landscape. Initially launched to facilitate cross-chain asset movement and staking, the project’s Layer 1 served as a dedicated hub. However, maintaining a secure, decentralized, and competitive base layer requires immense resources. The team cited evolving technical roadmaps and a focus on core interoperability strengths as primary reasons for the consolidation. This process underscores a broader industry trend where projects streamline operations to enhance sustainability. Furthermore, the shutdown was not abrupt. The development team executed a carefully orchestrated technical wind-down. This procedure involved a final network upgrade that initiated the asset return protocol. Importantly, this ensured all user funds remained secure and controllable throughout the transition. The team prioritized transparency, providing clear communication channels for user support during the migration period. The Technical Process of Asset Repatriation The core technical achievement lies in the asset repatriation mechanism. Milkyway’s architecture held wrapped or representative versions of assets from other chains. For instance, a user’s TIA on Milkyway was a bridged representation of the native Celestia asset. The final upgrade triggered a batch process that burned these wrapped tokens on the Milkyway chain. Simultaneously, it released the corresponding native tokens from custody on the source chain. User Action: Notably, most users did not need to initiate transactions. The process was automated at the protocol level. Verification: Users must simply check their wallets on the native chain (e.g., Celestia, Cosmos) to confirm asset receipt. Finality: The Milkyway Layer 1 blockchain will eventually cease producing new blocks, finalizing all state. This approach minimized friction and potential errors for the end-user. It also demonstrated a responsible shutdown framework that other projects may study. The alternative—requiring manual withdrawals under time pressure—often leads to lost funds. Expert Analysis on Blockchain Sustainability Industry analysts often highlight the resource intensity of Layer 1 operation. A blockchain requires constant security, node incentivization, developer tooling, and ecosystem marketing. For smaller projects, this can divert focus from their unique value proposition. “We are observing a maturation phase,” notes a blockchain infrastructure analyst from a major research firm. “Projects are making pragmatic choices to concentrate resources. A graceful exit that protects users is far more valuable to the ecosystem than a struggling chain.” This perspective frames the Milkyway shutdown not as a failure, but as a responsible strategic pivot. Implications for the Broader Interoperability Ecosystem The decision carries meaningful implications for the interconnected blockchain world. First, it reinforces the critical importance of reversible bridges and trustworthy custody solutions during cross-chain activities. Second, it may signal a shift towards application-specific chains (appchains) leveraging established Layer 1s for security, rather than building entirely new ones. Projects might now favor a rollup or sovereign chain model atop ecosystems like Cosmos or Polkadot. Moreover, the event highlights user priorities. Security and asset sovereignty remain paramount. The successful, uneventful return of assets like TIA to Celestia strengthens trust in protocols that implement robust exit mechanisms. This could become a standard expectation for new cross-chain projects. Key Timeline of Milkyway Layer 1 Operations Phase Description User Impact Launch & Operation Milkyway L1 functions as an independent hub for cross-chain assets. Users stake and transfer assets via the Milkyway chain. Shutdown Announcement Project team announces plan to terminate L1 services. Users advised of upcoming changes and automated process. Final Network Upgrade Protocol update deploys asset return smart contract logic. Automated repatriation begins; wrapped tokens are burned. Asset Return Completion All eligible assets are released to native chains. Users find assets (e.g., TIA) in their native chain wallets. Chain Finality Milkyway L1 stops producing blocks; network enters read-only state. Historical data remains queryable, but no new transactions. Conclusion The Milkyway Layer 1 shutdown illustrates a mature and user-centric approach to blockchain project evolution. By prioritizing asset security through an automated return process, the project has set a responsible precedent for protocol sunsetting. This event underscores the dynamic nature of cryptocurrency infrastructure, where strategic focus can shift to ensure long-term value and user protection. The seamless return of assets like TIA to the Celestia chain concludes this chapter, allowing users and developers to re-engage with the assets on their native networks without loss or complication. FAQs Q1: What does the Milkyway Layer 1 shutdown mean for my MILK tokens? The announcement pertains to the Layer 1 blockchain service. The status and utility of the MILK token itself, which may exist on other chains or within other project modules, should be clarified by the official Milkyway project channels. Users must consult the latest project announcements for specific token guidance. Q2: How do I access my TIA after the shutdown? Your TIA has been automatically returned to the Celestia blockchain. You should access it using the same wallet address (that you controlled on Milkyway) within a Celestia-compatible wallet interface. No action was required on your part to trigger this transfer. Q3: Was the asset return process secure? According to the project’s technical documentation, the process used a protocol-level upgrade to automate the return. This method is generally considered secure as it removes the need for individual users to sign transactions on a sunsetting network, reducing phishing and error risks. The funds were released from cross-chain custody contracts on the native chains. Q4: Can I still view my transaction history on the Milkyway chain? Typically, after a chain halts, block explorers may remain in a read-only state for some time, allowing users to view historical transactions. However, this depends on the project maintaining those explorer services. For permanent records, users should have saved their transaction hashes and details prior to the shutdown. Q5: Does this affect other projects built on Milkyway? Yes, any decentralized applications (dApps) or services that relied exclusively on the Milkyway Layer 1 blockchain for execution or settlement will cease to function. Those projects would have needed to migrate their logic and state to an alternative chain prior to the shutdown, a process that should have been communicated by their respective teams. This post Milkyway Layer 1 Shutdown: A Strategic Pivot Sends Assets Back to Native Blockchains first appeared on BitcoinWorld .