Tag: decentralized

Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen – Featured Bitcoin News

[ad_1] Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin and ethereum, cannot be frozen directly within the network. However, the Canadian government can flag specific digital currency addresses and take it even further, by asking centralized entities like crypto exchanges and payment processors to freeze the funds. Canadian Officials Can Flag Crypto Addresses and Threaten Exchanges, but They Can’t ‘Freeze…

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Snoop drops ‘Decentralized Dogg’ NFT like it’s hot

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[ad_1] Hip-hop legend Snoop Dogg has debuted his first nonfungible token (NFT) collaboration with artist Ryan Colditz (Coldie) in the final release of the Decentral Eyes Portrait Series. The “Decentralized Dogg” NFT was minted on SuperRare on Nov 29 at 7:15 PM UTC and will be on auction until Dec 3. SuperRare is a digital NFT marketplace that caters to buyers willing to pay up for more exclusive pieces. The NFT is a stereoscopic 3D collage of 10 different portraits of Snoop Dogg from various stages throughout his life, underscored…

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Decentralized Indexing Provider Aleph.im Launches Serum Markets Analytics – Defi Bitcoin News

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[ad_1] Crypto proponents and market observers can now gain insight into Solana’s and Serum’s liquidity infrastructure ecosystem via the analytics and decentralized indexing provider Aleph.im. The cross-blockchain computing project says the induction of Serum Markets will “help surface valuable trading data on Project Serum.” Aleph.im Adds Project Serum Support During the last quarter of the year, the Solana (SOL) protocol and its native asset saw significant growth. In the last three months, SOL has gained a massive 542% and the market cap has entered the top ten crypto markets by…

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Truly decentralized finance will be beyond siloed blockchains

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[ad_1] “Yahoo users will not be able to interact via mail with Google email (Gmail) users,” — If tomorrow’s headlines sounded like this, the earth would come to a halt. This headline shall never see the light for all the right reasons. However, blockchain tech and its favorite son, decentralized finance (DeFi), are heading towards this rabbit hole. Siloed blockchains with no window for external communication are dominating the nascent space. Interconnectivity is elementary and synonymous with the primitive human quality of being social. From the days of the barter…

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Alchemy Pay Using Chainlink to Enable Trading on Decentralized Exchanges and Borrowing in DeFi Using ACH – Press release Bitcoin News

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[ad_1] press release PRESS RELEASE. Singapore, September 22, 2021 – Alchemy Pay is now using Chainlink Price Feeds to enable users to buy crypto on decentralized exchanges (DEXs) and obtain loans in leading DeFi lending platforms directly from wallets using Alchemy Pay’s ERC-20 utility token, ACH. Chainlink Price Feeds help assure users that they are receiving fair market exchange rates when purchasing assets directly via their wallets on DEXs like Uniswap, Sushiswap, and ForTube using their ACH, as well as when collateralizing DeFi loans with ACH. “It is crucial to…

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Bitcoin mining is becoming vastly more decentralized in 2021

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[ad_1] Bitcoin (BTC) has become considerably more decentralized in the past year, one metric suggests — and the trend is growing. According to data from on-chain data resource Blockchain, hash rate distribution is increasingly favoring small, unknown miners.  Small guys increase slice of mining pie Despite the past twelve months seeing a large price run-up, Bitcoin miners have not become more “corporate” — mining is actually seeing more anonymous, small-scale entities join in. Looking at hash rate distribution, the trend is in evidence ever since the March 2020 crash, and…

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Bitcoin Decentralized Finance DeFi – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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[ad_1] DeFi, a shortened version of the mouthful “decentralized finance”, is a hot buzzword these days. The term is often associated with crypto tokens and networks, as well as the applications built on top of them for lending, borrowing, asset trading and other financial contracts to be executed without intermediaries. Most of today’s financial contracts require central intermediaries which are arguably opaque by design and must be trusted by both parties to execute contracts fairly. Sometimes that trust is broken, like when the largest foreign exchange (Forex) brokers colluded for…

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Has Coinbase launched a decentralized fact checking portal?

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[ad_1] Coinbase CEO Brian Armstrong has announced the launch of what he’s calling a “Fact-Check” via the company’s blog. In a May 27 post titled “Announcing Coinbase Fact Check: Decentralizing Truth in the Age of Misinformation,” Armstrong expressed the firm’s desire to combat untrue assertions aimed towards Coinbase and the crypto industry as a whole: “We will use this section of the blog to combat misinformation and mischaracterizations about Coinbase or crypto being shared in the world.” The post was subtitled: “Every tech company should go direct to their audience,…

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The new digital, decentralized economy needs academic validation

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[ad_1] It is a pivotal moment in the development of the new digital economy. Interest in all things crypto keeps growing exponentially, and investment follows closely. There has arguably never been so much money poured into a product class that was so poorly understood, both by the wider public and by most investors. In lieu of actual understanding, stakeholders in the crypto space have to operate on reputation and trust instead. This necessity has given rise to a dangerous new con.  Unlike blatant scams like OneCoin or Bitconnect, today’s blockchain…

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Yearn Finance reveals ‘Coordinape’ decentralized grant distribution platform

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[ad_1] Yield vault protocol Yearn Finance has revealed today the details of “Coordinape,” a new platform for distributing the $40,000-per-month Yearn DAO community grants budget — just one initiative in a wider effort to further decentralize Yearn’s governance.  Yearn founder Andre Cronje — who said in an interview with Cointelegraph that he no longer takes part in Yearn’s “day to day” development — revealed the program in a blog post this morning. Each Coordinape member will have a set quantity of “allocation points” which they can distribute to other members…

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