“Decentralized Autonomous Organization“ This is what DAO stands for. To sum up what a DAO is in one sentence, I’d describe it as “A self-governing community utilizing smart-contract and blockchain automation to remove any centralized control.“ To grasp a full understanding of the workings behind these decentralized organizations, let’s dissect the foundations of a DAO. […]
Cryptocurrency Cryptocurrency is an encrypted digital currency that is secured through cryptography – which is essentially the use of codes to encrypt and thus secure data. Cryptocurrencies are stored and transacted on blockchains – a distributed ledger that keeps a record of all transactions to verify who owns what – and are virtually immune to
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Just a month ago, FTX was the most reputable centralized exchange aside from Binance, raising $420 million at a $25 billion valuation in their last funding round. Now? The exchange sits insolvent with the founder Sam Bankman-Fried losing almost all of his $26 billion net worth. What happened to bring this about? Let’s dive in…
FTXs Downfall: the implosion of the second largest crypto exchange in the world Read More »
What Are Cross-Chain Bridges? With the explosion of various blockchain ecosystems in recent years, the issue that has risen to the surface is that most Blockchains aren’t interoperable, meaning they don’t work seamlessly together. In the current crypto world, there are many blockchains with different structures and features but previously there was no way to
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At this point regulation of crypto is inevitable, and while we still have many regulation deniers saying it will kill the industry, there have also been many people in the space who have made great arguments for regulation. While it’s hard to clearly break down the pros and cons due to the nuances of the
Opinion: The pros and cons of crypto regulation Read More »
Privacy is a core value in the blockchain space. Monero – a privacy-centric cryptocurrency – was the first of its kind. It was born from the blockchain project “CryptoNote”, where the dispute ensued between the founder and several core community members over future privacy plans. CryptoNote was forked, and a majority of users migrated along
Monero: the untappable security blockchain Read More »
Cryptocurrencies have evolved since their conception. With over 11,000 active cryptocurrencies today, the market is becoming extremely competitive. That leads us to two questions: What was the first generation of cryptocurrencies? …and how have they evolved to meet the standards of today’s market? First generation cryptocurrencies Headed by Bitcoin, the first gen cryptocurrencies were like
What will happen to First Generation Cryptocurrencies? Read More »
Traded under the ticker USDT, Tether has become the primary source for trading into and out of exchanges / wallets. Tether was launched in 2014, and has since become the unquestionably leading stablecoin since 2017. Tether currently has a market cap more than $19 billion higher than its closest stablecoin competitor (USD Coin – USDC),
Tether the #1 ranked Stablecoin: Breakdown Read More »
The Biden White House has just released its “comprehensive” framework for regulating digital assets. Here’s a brief breakdown. What roles the different government agencies will play: The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) will be encouraged to ‘aggressively’ investigate unlawful practices in the digital assets space. The report encourages the Federal
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The Ethereum merge was SUCCESSFULLY completed over the last week. The monumental event stirred a frenzy across the crypto space in anticipation, and today we’ll cover what exactly has changed to benefit the Ethereum network. Core Merge Changes So Far The change from Proof-of-Work to Proof-of-Stake is the most significant change with the Ethereum merge. Now the Eth network
Evaluating the successful Ethereum merge Read More »
