Arthur Hayes Questions PoS Ethereum’s Decentralization, Suggests Rising Price
The controversial Arthur Hayes asks a burning question in his latest blog post. Is the PoS Ethereum prone to centralization? The former
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Decentralization
Intellectual property has an awkward fit in Web3 decentralization — Lawyers
Intellectual property (IP) rights will continue to be a growing area of tension within Web3 and NFTs, as IP rights often rely on a single "identifiable entity," while Web3 is more often decentralized. Speaking to Cryptox, David Kappos, a partner at Cravath, Swaine & Moore LLP said that IP is traditionally
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Why Decentralization Cultivates Community
Blockchain technology has entered the culture and entertainment industry, a sector in CoinDesk Indices DACS. It represents a wide array of digital assets including the Metaverse. Original Source
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Ankr Network’s 2.0 upgrade aims to improve Web3 decentralization
Decentralized Web3 infrastructure provider Ankr Network (ANKR) has introduced its Ankr Network 2.0 upgrade aimed at transitioning blockchains into more resilient node networks.The upgrade is detailed in the Ankr 2.0 Whitepaper which was obtained by Cryptox ahead of its release later today.The upgrade centers around making Web3 more decentralized through
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Need a Use Case for Decentralization? Start With Energy
Amid the bear market, the crypto/blockchain industry needs to demonstrate socially-useful use-cases. The dysfunctional energy system is a good place to make a mark, says CoinDesk's chief content officer. Original Source
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dYdX moves to Cosmos-based blockchain for v4 to optimize decentralization and trading flow
On Thursday, crypto derivatives platform dYdX, which is currently built on Ethereum layer 2, announced that it would be moving to a standalone blockchain based on the Cosmos SDK and Tendermint proof-of-stake consensus for its v4 update. The firm cites the Cosmos blockchain's decentralization and performance as reasons for being
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What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
On Sunday, the decentralized finance (DeFi) sector came under scrutiny again after DeFi protocol Solend put together a spur-of-the-moment governance proposal related to one of the whale wallets at risk of liquidation. The proposal, dubbed “SLND1 : Mitigate Risk From Whale,” was abruptly launched on Sunday without announcement and the vote
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Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized – News Bitcoin News
On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana status update, validator operators are being asked to prepare for a restart. Solana Continues to Be Plagued by Outages, SOL Downtime
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Amidst the Mounting Risks to Bridge Security, A New Non-custodial Liquidity Bridge Focuses on Decentralization
In late March, Ronin bridge, an Ethereum sidechain built for the widely popular play-to-earn (P2E) NFT game Axie Infinity to handle surging demand from gamers, was hacked for over 173,600 Ether (ETH) and 25.5 million USD — a combined value of over $600 million. The company’s official report regarding the hack
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Decentralization is helping to shape the course of scientific research and business
New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. Its impact is being felt not only in the rarified confines of high-tech labs but more broadly in the business world
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