Consensus protocols are a term used to describe the process of achieving validity on a decentralized network. These systems are what confirm new transactions and maintain records of the past. As such, they are a crucial component of every blockchain network.
There has been a lot of changes in the way decentralized networks remain secure since Bitcoin first introduced the world to blockchain technology 12 years ago. At that time, the Proof-of-Work
Central Bank Digital Currencies (CBDCs) leverage the security, monitoring capabilities, and efficiency of blockchain technology. However, unlike cryptocurrencies such as Bitcoin, CBDCs are centralized. These unique digital assets usually compliment their fiat counterparts rather than seek to replace them. In this way, CBDCs bridge the gap between traditional cryptocurrencies and fiat currencies.
A recent
The use of stablecoins has increased significantly over the last five years. Much of this growth can be attributed to the market expansion and the introduction of new projects. Today, the stablecoin market operates as a vital component of the crypto sphere. Notably, there are currently over 70 active stablecoins in the market.
Stablecoins play a vital role in providing a safe haven from volatility. These non-speculative assets reduce volatility
As an educated DeFi investor, it’s wise to understand the differences between pioneering DEXs (decentralized exchanges). By learning what makes Uniswap vs PancakeSwap vs META EXCHANGE different, you will better understand when to employ each network. Notably, each of these DEXs introduces proprietary technology to streamline peer-to-peer trades.
Uniswap was the first DEX to see real success in the market. This platform was designed to facilitate
Since the birth of Bitcoin, the cryptocurrency space has been the go-to industry for hackers seeking to prey on and take advantage of the ignorance of novices.
They may have started by hacking into exchanges and stealing tokens. However, they’ve slowly, but steadily graduated. Hackers have moved beyond hacking individuals. They’ve moved on to institutions.
The transition to the “Big Guys” spells trouble for diehard traders and investors ranging
When the team behind META 1 set out to offer a crypto, they did so with the understanding that having a solid asset to back their digital coin was imperative.
Their choice to back their coin? Gold.
As the team progressed with its entry into the world of cryptos, its members were determined to not just follow in the footsteps of other coin issuers. One area it honed in on relates to liquidity.
Next up was providing prospective buyers of its coin with
Bitcoin may be considered the granddaddy of all cryptocurrencies, but slowly and steadily, Ethereum is becoming the fan favorite.
This was the focus of a Benzinga survey conducted during late spring of 2021. When asked which of these leading cryptos would be the outperformer for 2021, traders and investors overwhelmingly chose Ethereum.
Here, we’ll examine the reasons investors and traders are putting more of their faith into Ethereum. We will
(This is Part 2 of a two-part series.)
Historically Humans have started a revolution to assert their rights and correct the government. Now Humans do not have to revolt – they just have to make a choice. The choice is to either be a ward of the state or a living, breathing Human man, woman or child by becoming a Secured Party Creditor.
The real revolution that is relevant for our times is one of consciousness and the understanding that a choice
Between the moment we are born and when a government agency issues one a birth certificate, we exist purely as a Human. Once we are given a name by our parents and registered as born, we are granted the status of a citizen. In legal terminology, this status is known as a fictional character, much like how a corporation is a legal entity referred to as a corporate fiction, since it is a non-natural, contrived state of existence that serves as a
The SEC, in its zeal to demonstrate its usefulness, recently filed a complaint against an innovative member of the blockchain community known as LBRY. The company launched a decentralized video sharing platform known as Odysee which enables those who view videos on its system to earn cryptocurrency. It also enables creators to earn LBRY Credits (LBC) for the work they produce.
As of 2016, 13 million LBC tokens were sold for $5 million in Bitcoin.