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Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price. The merge is meant to address energy-use issues and open a path for higher transaction output, but the actual full transition for
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“A lot of people are saying, ‘We're in the metaverse, identity doesn't exist, skin color, race, gender identity doesn't exist,’” Sinclair says. “That’s not true.” It’s even less true when what a lot of people want to get out of joining Web 3 communities online is the real-life experiences that
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Bitcoin, the largest cryptocurrency by market capitalization, was recently trading just below $46,000, down from a high earlier in the day above $47,000 and off about 1% over the past 24 hours,. Ether, the second-largest crypto by market cap, was changing hands at a little over $3,400, down roughly 1.5%. Source
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Since zk rollups are so computationally intensive, it is nearly impossible to recreate the full EVM environment that layer 1 and Optimistic rollups are able to run. Therefore, this scaling solution is confined to single types of transactions and cannot host a wide variety of projects on a single network.
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This episode is sponsored by Nexo.io.As 2022 kicks into gear many of us are wondering what's in store for bitcoin and the broader crypto markets. Our lives, although our own, are driven by cycles which are often outside of our control. These cycles create the environment in which we each try to
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Yet the narrative of bitcoin offsetting the devaluing dollar is even weaker than the one about it being a tech-related investment. The correlation coefficient between bitcoin and the U.S. Dollar Index is just -0.13. Against U.S. bonds, represented by the iShares 20+ Year Treasury Bond ETF (TLT), it is just
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