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DMD Diamond Announces the First EVM-Compatible Blockchain Powered by Asynchronous Byzantine Fault Tolerance
Austria (PinionNewswire) —
In the world of blockchain technology, there’s a fundamental problem known as the “Blockchain Trilemma.” It states that a decentralized network can only have two of three properties: decentralization, security, and scalability.
Most modern Layer-1 blockchains (L1) are forced to make tradeoffs. Ethereum sacrifices scalability for decentralization. Solana and BSC often sacrifice decentralization for speed.
HoneyBadger BFT (HBBFT) consensus, which has been successfully pioneered and deployed by DMD Diamond in its v4 mainnet, provides a mathematically elegant solution to common blockchain limitations. This is achieved by fundamentally changing the negotiation paradigm between nodes. DMD Diamond prioritizes maximum decentralization over the speed of Solana and the scalability of Ethereum. This strategic focus has clearly established DMD Diamond in a niche where its unique consensus engine makes it the preferred Layer 1 for projects requiring maximum decentralization.
The Leader Problem and the Synchronicity Trap
To understand the power of DMD Diamond’s HBBFT implementation, we must first understand why others are slow.
Most modern consensus algorithms (e.g., PBFT, Tendermint, HotStuff) rely on synchrony or partial synchrony. This means that for the network to function, nodes must have consistent clocks or wait for a message within a certain timeout. Furthermore, these systems typically use a leader-based process. One node proposes a block, and the others vote.
- Problem: If the leader acts maliciously or their internet connection is unstable, the entire network slows down or stops until a new leader is elected.
- Result: As the network grows (decentralization increases), latency increases exponentially. The network becomes slow and fragile.
HBBFT: The Asynchronous Revolution
HBBFT is the first practical asynchronous BFT consensus algorithm, and DMD Diamond is the first blockchain to combine this cooperative consensus with EVM compatibility.
The word “asynchronous” is key here. HBBFT makes no assumptions about message delivery times. The DMD Diamond network continues to function even if messages between nodes are delayed indefinitely.
In DMD’s HBBFT implementation, there is no single leader. Instead of one node proposing a block, all nodes propose their transactions simultaneously in a cooperative manner.
How does this resolve the compromise?
- Scalability without loss of decentralization: Since there is no leader, network performance does not degrade drastically when new nodes are added. DMD Diamond’s speed is limited only by the throughput of the slowest group of honest nodes, not by the latency (ping) of the farthest node.
- Resilience to adverse conditions: In traditional blockchains, a distributed denial-of-service (DDoS) attack or internet outage can halt consensus. DMD Diamond continues finalizing transactions as soon as the data arrives, regardless of how long it takes.
Under the Hood: The Three Pillars of HBBFT Technology
How does HBBFT achieve this magical result? It uses a combination of three complex cryptographic primitives, which DMD Diamond utilizes to deliver industry-first features.
1. Threshold Encryption
In traditional blockchains (like Ethereum), validators see the contents of a transaction before including it in a block. This leads to MEV (Miner Extractable Value)—frontrunning and censorship.
In DMD Diamond, transactions are encrypted by the user. Validators blindly agree on the order of transactions. Decryption occurs only after the order is fixed and cannot be changed.
- Result: Complete protection against frontrunning and censorship at the protocol level—a unique selling point for DMD Diamond’s DeFi ecosystem.
2. Erasure Coding
Instead of each node broadcasting a full block of data to all others (which clogs the communication channel), HBBFT splits the data into N fragments. To recover the original data, it is sufficient to collect any N-f fragments (where f is the number of possible dishonest nodes).
- Result: Enormous bandwidth savings. This allows the DMD Diamond network to scale, processing more data without overloading the network.
3. Atomic Broadcast Consensus (ACS)
This is a mechanism that allows all nodes to agree on which encrypted data packets will be included in the next block without electing a leader.
Comparison Chart: HBBFT vs. Others

Conclusion
DMD Diamond’s implementation of HBBFT solves the scalability and decentralization problem not by overclocking hardware, but by eliminating the bottleneck—time synchronization and dependence on a leader.
By allowing nodes to operate at different speeds and process data in parallel, DMD Diamond creates a network that is:
- Secure as Bitcoin (and even more so, thanks to its asynchronous nature).
- Fast as modern L1s.
- Fair (protected from transaction manipulation via Threshold Encryption).
This makes DMD Diamond an ideal candidate for the next generation of DeFi applications and enterprise blockchains, where reliability and fairness are more important than hype.
Find more information at bit.diamonds
Read the whitepaper at GitHub
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A Father’s Words to His Sons Become a Larger Conversation About Strength, Presence, and Legacy
New York City, New York (NY)Robert J. DeVito’s A Dad’s Guide to a Life Well Lived explores the choices that help us become people our loved ones can count on.
Robert J. DeVito’s A Dad’s Guide to a Life Well Lived explores the choices that help us become people our loved ones can count on.
New York City, New York (NY)
What began as a father’s legacy document for his sons grew into a book for people seeking guidance they never received, and those determined to offer something meaningful to the next generation.
In A Dad’s Guide to a Life Well Lived: Real Lessons on Strength, Pain, and the Choices That Build a Man, Robert J. DeVito explores how the way we live becomes part of what we leave behind.

DeVito began writing to preserve the lessons and conversations he wanted his boys to carry into adulthood. He envisioned something they could return to as their circumstances changed and their questions became harder.
As the book’s purpose expanded beyond his family, one question remained at its heart: What will the people we love learn from the way we live?
Through candid reflection and practical guidance, the book connects fatherhood, relationships, money, discipline, and purpose to three central themes: strength, presence, and legacy.
Strength means facing difficult truths and carrying responsibility without losing compassion. Presence means listening, making time, and staying engaged when a conversation becomes uncomfortable. Legacy takes shape in everyday actions: how we treat people, respond to pain, and show up when someone needs us.
For parents and grandparents, these lessons reach beyond the advice they give. They invite reflection on the example children see, the conversations adults make time for, and whether their choices reflect the values they hope to pass down.
For readers who grew up without that guidance, the book offers a starting point for deciding how they want to live and what they want to pass on.
Written by DeVito and edited by Kelsey Sackmann, MS, RD, the guide speaks to sons seeking direction, fathers hoping to share useful lessons, and readers considering their relationships and responsibilities. Its personal foundation gives that broader conversation a clear purpose: to keep becoming someone the people you love can count on.
About the Author
Robert J. DeVito is the author of A Dad’s Guide to a Life Well Lived. Drawing on lessons from his own life, he writes about fatherhood, responsibility, relationships, and what one generation passes to the next.
The book is available on Amazon and Barnes & Noble:
https://www.amazon.com/dp/B0G5K8JBGH
https://www.barnesandnoble.com/w/a-dads-guide-to-a-life-well-lived-rd-kelsey-sackmann/1148991951?ean=9798274211178
For review copies, interview requests, or additional information, please contact:
Media Contact Details
Robert J. DeVito
BrightKey PR
Email: Send Email
Phone: 6466400262
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LiquidAcre Selects Uphold to Power Digital Asset Infrastructure and Future Tokenized Real Estate Offerings
San Francisco, CAUphold provides a platform allowing investors to buy, sell and hold tokenized digital assets, backed by real estate LiquidAcre opts for Uphold thanks to its experience in serving millions of users, compliance-first approach and rapid time to market LiquidAcre, a financial technology company building a platform designed to expand access to real-world assets and digital […]
San Francisco, CA
- Uphold provides a platform allowing investors to buy, sell and hold tokenized digital assets, backed by real estate
- LiquidAcre opts for Uphold thanks to its experience in serving millions of users, compliance-first approach and rapid time to market

LiquidAcre, a financial technology company building a platform designed to expand access to real-world assets and digital financial services, has selected Uphold (the infrastructure provider for on-chain finance) to power trading, custody, KYC, among other services to fulfill part of the infrastructure for tokenized real estate.
LiquidAcre’s platform is designed to modernize how individuals access, understand, and manage real-world and digital assets. The first phase of the ecosystem introduces the LiquidAcre Wallet, a secure digital gateway designed to provide users with access to digital assets and financial tools through a simple, intuitive experience with user-friendly on and off ramping.
The second phase is expected to introduce the LiquidAcre Marketplace, where eligible users will be able to discover and participate in tokenized basic RWAs, and real estate opportunities. LiquidAcre is currently developing the legal, regulatory, and technology framework for this phase, with digital securities and tokenization services expected to be provided through appropriately regulated third-party alliances.
Wes Watkins, LiquidAcre’s CEO and Co-Founder, states “LiquidAcre’s vision is to bring real estate and land participation on-chain in a compliant, transparent, and user-friendly way. Real estate represents one of the world’s largest asset classes, yet access and liquidity remain significant challenges. We believe blockchain technology and regulated digital structures have the potential to create more efficient ways for people to participate in real-world assets. We are delighted to work with Uphold in building the financial infrastructure that supports that vision, and to benefit from their long experience in delivering licensed digital asset services to millions of users.”
Simon McLoughlin, Uphold CEO, commented: “Tokenized Real World Assets (RWAs) open up new ways for investors to trade a range of asset classes. It’s the rebuilding of financial markets on blockchain rails, with all the benefits that entails in terms of speed, convenience, transparency, access and consumer choice. We anticipate that all traditional asset classes will be tokenized in the next five years. And we’re thrilled to be at the forefront of that transition by supporting LiquidAcre in their drive to deliver more accessible tokenized real estate to the masses.”
As the LiquidAcre ecosystem develops, the platform is also intended to create new opportunities for property developers and asset managers by supporting more efficient digital structures for offerings tied to property income, long-term development projects, and asset appreciation, subject to the applicable regulatory requirements and the involvement of appropriately regulated alliances.
Under the deal, Uphold will provide the platform which will allow investors to onboard, fund accounts, move money, trade digital assets, and hold tokenized digital assets.
Uphold’s enterprise platform-as-a-service delivers a comprehensive set of processes and workflows – incorporating compliance and KYC measures – that will facilitate operations such as digital asset custody, fiat and stablecoin funding, settlement, and the ability to convert between traditional currencies and digital assets. Uphold’s enterprise customers can integrate these capabilities into their own branded digital environments, meaning that the end user enjoys the reassurance of managing their digital assets within a familiar interface and well known customer protection and asset reserves.
Wes Watkins adds: “There were a number of impressive aspects to the Uphold proposition. Their proven ability to get the trading platform live in a matter of weeks, rather than years, was a key driver for us. And their laser focus on helping us fulfil compliance requirements was another big draw.”
Digital securities associated with future LiquidAcre real estate offerings are expected to be issued and tokenized through a regulated broker dealer.
About Uphold
Uphold is a financial technology company that believes on-chain services are the future of finance. It provides modern infrastructure for on-chain payments, banking and investments. Offering Consumer Services, Business Services and Institutional Trading, Uphold makes financial services easy and trustworthy for millions of customers in more than 140 countries.
Uphold integrates with more than 30 trading venues, including centralized and decentralized exchanges, to deliver superior liquidity, resilience and optimal execution. Uphold never loans out customer assets, except at customer request, and is always 100% reserved.
The company pioneered radical transparency and uniquely publishes its assets and liabilities every 30 seconds on a public website (https://uphold.com/en-us/transparency).
Uphold is regulated in the U.S. by FinCen and State regulators; and is registered in the UK with the FCA and in Europe with the Bank of Portugal. Securities products and services are offered by Uphold Securities, Inc., a broker-dealer registered with the SEC and a member of FINRA and SIPC.
To learn more about Uphold’s products and services, visit uphold.com.
About LiquidAcre
LiquidAcre’s long-term mission is to make participation in real-world assets more accessible, transparent, and intuitive while maintaining a strong focus on compliance, investor protection, and responsible financial infrastructure.
To learn more about LiquidAcre and its products and services, visit liquidacre.com.
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Vest Raises $13M to Build a Prop Trading Firm That Doesn’t Bet Against Its Traders
NEW YORK, NYVest Labs, the company behind the Vest Markets trading platform, has raised $13 million in a round led by Portal Ventures to build the most trader-friendly cross-asset exchange. The company closed the round at $10 million in annualized revenue on $18 million raised in total. Since then, growth has accelerated sharply: daily revenue grew from […]
NEW YORK, NY
Vest Labs, the company behind the Vest Markets trading platform, has raised $13 million in a round led by Portal Ventures to build the most trader-friendly cross-asset exchange. The company closed the round at $10 million in annualized revenue on $18 million raised in total. Since then, growth has accelerated sharply: daily revenue grew from $25,000 to over $1 million in two weeks in September. More than 27,000 traders now use the platform, most of whom are traditional markets traders who have never traded crypto or perps.

At Vest, traders have access not only to a full-fledged perpetual futures exchange, but also to an embedded retail prop trading platform. Retail prop trading, where traders pay a fee to prove their skill and then trade a firm’s capital for a share of the profits, has grown by around 45% in the past year. But most prop firms take the other side of their traders’ positions, so they make money when their traders lose. The result is complicated rules designed to end accounts before they pay out. Industry data suggests only around 7% of people who buy a prop firm evaluation are ever paid.
Vest is built differently. Vest is not exposed to its traders’ wins or losses, so it has no reason to write rules against them. Traders pay a one-time fee to trade in a simulated trading environment, can never lose more than that fee, and trade stocks, indices and crypto 24 hours a day, seven days a week. Vest’s recent hypergrowth among traditional markets traders comes from two things: trader-friendly rules and simplicity. As of late September, 26% of Vest traders had received a payout, nearly four times the industry average, and the exchange’s monthly active traders and volume have grown more than 300% month over month.
“Most prop firms make money when their traders lose, so the rules are built to make you fail,” said Justin Ma, founder and CEO of Vest. “We don’t make money when our traders lose, so we have no reason to work against them. We believe perpetual futures are the most trader-friendly way to trade with leverage, and that futures and options traders will move onto them. Funded accounts make that move easy, since traders can start without risking their own capital. This round lets us bring that to far more people.”
“Against all odds’ encapsulates what Vest is about. They say you need a massive marketing budget to win the attention economy. Vest did it with no ads, no token incentives, and no shortcuts. It is incredibly inspiring to witness this journey as an investor: just five years of relentless execution and an unwavering belief that the best product can sell itself,” said Catrina Wang, General Partner at Portal Ventures.
The raise comes as US markets move toward round-the-clock trading, with Nasdaq set to extend stock trading to 23 hours a day from December. Vest will use the funding to launch its mobile app, add new markets and grow the team.
About Vest
Vest builds trading products that give retail traders a fair shot. Vest Markets is a 24/7 venue for perpetual futures on stocks, indices, commodities, FX and crypto. Vest’s funded accounts let traders pay a one-time evaluation fee, trade with real buying power once they pass, and never lose more than that fee. Every funded trade is placed in the real market, so Vest never takes the other side of its traders’ positions. Vest is backed by Portal Ventures, Coinbase Ventures, Amber Group, Selini Capital, Auros, Flowdesk and more.
Learn more at vestmarkets.com
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Jamie Kingsley
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