Custom protocol refers to a unique set of rules and standards designed for the operation of a specific blockchain or cryptocurrency network. These protocols determine how transactions are processed, validated, and recorded.Each custom protocol can introduce features not found in existing frameworks. For instance, it might allow for faster transaction speeds, enhanced security measures, or specialized functionalities like smart contracts. Developers create such protocols to meet particular needs, whether for privacy, scalability, or flexibility.Implementing a custom protocol often involves a trade-off between innovation and stability. While it can provide tailored solutions, it may also introduce risks if not rigorously tested. Additionally, custom protocols often require developers and users to adapt, which could limit mainstream adoption.In summary, custom protocols enable tailored blockchain solutions, allowing for innovation while also posing challenges in terms of security and user acceptance.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the