Cryptocurrency Analysis and News Portal
Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The narrative shifted once the COVID-19 pandemic pushed people into their homes with plenty of time to dive into new interests. Crypto benefited from the increased attention,
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For years, crypto believers have been trying to put music “on the blockchain.” And while start-ups and investors say there’s potential, many artists – at least so far – remain unconvinced. Some services have taken a shot, but most are geared toward artists already immersed in blockchain tech. What about
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Moreover, even though many blockchains claim to be able to handle thousands of transactions per second (TPS), this metric does not take into account the storage properties of the application at hand. There is a big difference between 50,000 DeFi transactions, which may generate zero bytes of new state data,
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We have seen a steep adoption of crypto-based systems this year, including decentralized finance (DeFi) applications, nonfungible tokens (NFTs) such as digital art, crypto-centric gaming, and increased adoption of cryptocurrencies as investment and payment tools. One of the more recent developments is the emergence of decentralized autonomous organizations (DAOs).DAOs have
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The proof-of-work (PoW) consensus model is the mechanism that kicked off the revolution that launched Bitcoin (BTC) in 2009 and it was the model of choice behind many of the popular projects in the early fledgling years of the crypto ecosystem.As time progressed, other consensus models like proof-of-stake (PoS) rose
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Announced Tuesday at the Solana conference in Lisbon, Alexis Ohanian’s Seven Seven Six and Solana Ventures are committing $100 million to grow decentralized social media projects on Solana. Originally, the commitment was for $50 million, but at an onstage discussion, Ohanian increased it to $100 million. Source
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“With a high performance blockchain like Solana, there is an unprecedented opportunity to fuse social and crypto in a way that feels like a web2 social product but with the added incentive of empowering users with real ownership,” Ohanian said in a statement. Original Source
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“Gaming has a massive opportunity to bring the next billion users to Web 3,” Amy Wu, partner at Lightspeed, said in a press release. “High-performance blockchains like Solana are now capable of delivering the kind of Web 2 experiences gamers expect while providing the advantages of decentralized Web 3 systems.” Source
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The long-term plan of the Follow protocol entails developing Follow Protocol v2.0, establishing an artist alliance, releasing a variety of NFT collectibles and expanding its DAO, among others, as well as announcing long-term community-led governance rules. Follow is one of the key driving forces for the large-scale development of Web
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The world is changing. This isn’t news to anyone, but sometimes it is nice to realize that—contrary to news headlines—not all the change is bad. In fact, the last decade has seen so much innovation and so many improvements to technology that even 2015 seems like a different world. Internet speeds,
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