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For as long back as one can remember, the cryptocurrency community has been demanding for privacy coins. Coins that promised true anonymity, instead of pseudonymity, aka, false privacy as offered by Bitcoin. So, in this article, we are going to look up some of the top privacy coins in the world. Are the usual suspects still leading the privacy coins 2020 list, or do we have some surprising names in the mix? Let’s check it out.
Anyone keeping an eye on the DeFi sector will likely have come across the term “dYdX”. However, what is dYdX - and what is it used for? dYdX is a powerful, decentralized exchange (DEX) that supports spot, margin, and perpetuals trading. It is a permissionless platform powered by smart contracts on Ethereum that supports lending, borrowing, and most importantly, margin trading.
There appears to be an ever-increasing amount of information to learn about the various blockchain ecosystems. One of the terms that has recently seen an upswing in interest surrounding NFTs. NFTs (Non-Fungible Tokens) are becoming more established as the crypto sector heats up in what many hope will constitute a 2020 - 2021 bull run. So, what are NFTs?
Despite its recent upswing in popularity, blockchain is still a relatively new technology that can be hard for some people to grasp. Bitcoin is probably the reason why most people know what blockchain is. However, Bitcoin as a currency relies on its vibrant community and underlying blockchain capabilities to keep growing and attracting users.
Are you curious about blockchain technology, or have you heard about decentralized social media platforms? Are you fed up with Facebook, Twitter, Instagram, and TikTok having governance over promoted content, taking users' data, and selling it to third-party organizations to promote certain posts or products to a targeted demographic?
In this article, we will discuss how blockchain-based social media platforms are able to help resolve these challenges, some of the different types of platforms available, and why decentralized social media networks are a necessary progression in social technology.
Firstly, in order to understand why decentralized social media platforms can benefit us, we need to understand the ongoing challenges we face with traditional social networks. Below we've explored the biggest data exploitation known to date, and furthermore how blockchain can solve these problems.
Current Issues With Social Media Networks
For content to reach 'organic' growth, it must adhere...
Decentralized finance (DeFi) continues to make waves in the crypto space with $7.22 billion in total value locked in, according to DeFi Pulse. Amazingly, over $6 billion of those funds have entered the market since June 2020! And throughout this year, DeFi continues to be the prime-mover driving the upcoming bull market.
DAOs or Decentralized Autonomous Organizations happen to be one of the most innovative blockchain-based concepts. DAO is also known as DAC or decentralized autonomous corporation. The core philosophy is to create an organization that’s free from centralized control.
As interest in Bitcoin and cryptocurrency continues to surge, a growing number of questions arise around how to store crypto and Bitcoin safely and securely. One of the most popular alternatives for this is so-called Bitcoin wallets, or crypto wallets. Let's, therefore, take a look at the history of Bitcoin wallets and the different types of wallets available for your crypto storage.
Decentralized marketplaces are a fascinating use case of blockchain technology. These crypto marketplaces allow users to deal directly with each other, instead of using a centralized point of contact. Traditional marketplace platforms may provide a system and platform that’s familiar. However, they lack transparency and charge high fees.
