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“We have a feature called Hybrid Compute, which allows developers to build advanced algorithms that are too expensive to do on-chain,” Chiu said. Ethereum’s native programming language Solidity “is really constraining, he added. “A lot of DeFi developers have had to dumb down their algorithms.” Source
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Ether (ETH) price fell below the $3,000 support on Sept. 20 as global markets entered a risk-aversion mode. The Invesco China Technology ETF (CQQQ) closed down 4.2%, while the SPDR S&P Metals and Mining ETF (XME) lost 3.8%.Some analysts pointed to the potential ripple effects of the default of Evergrande,
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This could come to a head in a future conflict over, say, block size. I can easily imagine a faction of transactors lobbying for a higher block size, in an attempt to create more blockspace and push down the clearing price of gas. But will large token holders, benefiting from
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In March of 2021, Elon Musk wiped out $300 billion in Bitcoin’s value with a single tweet. In short, his message was that for environmental reasons, Tesla will no longer accept bitcoin as payment. He went further than just a tweet, and in May, Tesla announced it would no longer
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The world’s second-leading crypto asset in terms of market valuation, ethereum, has seen significant gains during the last few days. Over the last 24 hours, ether values have jumped over 5% and during the course of the last week, ether has gained 11.8%. The crypto asset’s $417 billion market cap
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The rise of decentralized finance and nonfungible tokens has transformed the blockchain ecosystem and generated near unimaginable riches for investors, but none of this would be possible without the strong foundation offered by layer-one blockchain networks like Bitcoin and Ethereum. Smart contracts and layer-two protocols promise to revolutionize the finance and
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Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the Internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world
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Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world
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The CEO and founder of one of the world’s largest independent financial advisory organizations, the deVere Group, has stated that Ethereum’s price appreciation should continue to beat Bitcoin’s in 2021.The deVere Group chief executive Nigel Green also believes that Ethereum’s value will exceed that of Bitcoin's within a few short
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Ether, the native coin of the Ethereum blockchain, had an intense week as Ethereum’s London hardfork went on successfully. In just five days, Ether’s price climbed from below $2,500 to almost $3,200, and its market capitalization surged to $365 billion. The Bull Market Could be Back The second-largest digital currency has not
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