It may surprise you that no blockchains are profitable in the current climate. Primarily, blockchains make most of their money from transaction fees. The leading blockchain by transaction fees is the Ethereum blockchain, earning just shy of $13 million in daily transaction volume. Here’s the catch: the cost of running Ethereum is over $36 million […]
Although I’ve heard buzz phrases like “crypto is the future” and “we’re still early”, the now – the present moment – is arguably just as important. More people now see and understand the potential that cryptocurrency has to be a big part of the future, but real-world applications for crypto in the meantime are often
Layer 1 platforms such as Ethereum have struggled with scalability for some time. Their inability to solve the issues of ludicrous gas fees, poor network connectivity and slow transaction speed due to a high influx of traffic has hindered everyday people from using these layer 1 platforms. There had been other proposed solutions but these
Amidst the NFT Bubble of 2021 up until now, an underlying issue has remained steady: gas fees. Immutable X – a layer 2 protocol built for gaming and NFTs – has raised the standards. This project was actually a fusion between two companies and their teams at Starkware (a scaling solution) and Immutable (a game
The first ever multi-chain DeFi game, this Decentralized exchange/ blockchain game is more than just a fun universe to explore. “DeFi Kingdoms is a game, a DEX, a liquidity pool opportunity, a market of rare utility driven NFTs, and it all plays out seamlessly in the incredibly nostalgic form of fantasy pixel art.” – The
The last 3 months in Crypto have been nothing short of a trainwreck. With the reputable volatility of the crypto market, many prices at the peak in late November – before the slow-crash that began – could simply not maintain their value at the time. Despite the overall market fear, while almost all coins lost
Digital wallets provide a safe place to store and manage your crypto assets. You can send / receive, spend, and trade cryptocurrencies. We’ve prioritized a balance of flexibility, security, and performance for our selection for the safest 3 wallets to use. Flexibility is something key to consider when using a wallet, for the purpose of
Last year proved to be a massive growth year for the crypto market, and as a new investor you were rewarded often with large gains on your investments. But with the recent “crash” you might be asking yourself what happened to easy markets and Bitcoin highs of 2021? It can be pretty hard to stay
Cloud computing is the complex IT infrastructure behind any large business. It’s the operation that allows scalability, as well as flexibility. Leading cloud computing services of the likes of Google Cloud or Amazon AWS dominate the market as of right now, but Phala Network is here to rival them and create waves in the Blockchain
Phala Network: a new reign in cloud computing on the horizon? Read More »
This time last year, as huge companies from Tesla, to Square, to BlackRock began to publicly back Bitcoin (with billions invested from the companies balance sheets), the original cryptocurrency hit $1 Trillion in market value for the first time, gaining over 66% increase in value over the month of February. This preceded the mayhem that was to
