blockchain
First came Bitcoin, then came the blockchain; all about the myriad applications of blockchain technology and how decentralization is changing the world.
Stablecoins these cryptocurrencies threaten the financial system, but no one is getting to grips with them
Digital currencies have had a remarkable year, arriving at a joined worth of more than US$3 trillion (£2.2 trillion) without precedent for November. The market appears to have profited from the general having opportunity and willpower on their hands during pandemic lockdowns. Likewise, huge venture assets and banks have stepped in, not least with the new send-off of the first bitcoin-upheld ETF - a recorded asset that makes it simpler for additional financial backers to get openness to this resource class.
By Sithum Chathumina3 years ago in The Chain
What is Bitcoin’s fundamental value?
As it hits new highs, there is no deficiency of intense forecasts about Bitcoin arriving at US$100,000 or more. Frequently these depend on not substantially more than extrapolations by individuals with personal stakes: the cost has gone up a ton so it will continue onward up. Assuming it gets over its past high, it should continue onward up.
By Sithum Chathumina3 years ago in The Chain
The Ethereum merge could kick off a transformation in crypto’s battered reputation
Digital forms of money could in any case be far from their highs of 2021, however, a portion of the significant ones have organized a few good recuperation in recent months. Strikingly, ether (ETH), the second biggest digital currency after bitcoin, is exchanging at nearly US$1,700 (£1,463) at the hour of composing, having dropped as low as US$876 in mid-June.
By Sithum Chathumina3 years ago in The Chain
The metaverse is money and crypto is king – why you’ll be on a blockchain when you’re virtual-world hopping
You might think the metaverse will be a lot of interconnected virtual spaces - the internet however got to through computer-generated experience. This is generally right, yet there is likewise a basic however somewhat more enigmatic side to the metaverse that will separate it from the present web: the blockchain.
By Sithum Chathumina3 years ago in The Chain
NFTs WWF tried raising money with digital art but backtracked – environmental charities should follow suit
Most web-based pictures are only a right-click away from being in somebody's very own assortment. They're free, essentially. So it's extreme for a noble cause to gather pledges with them. That is, until 2017 when non-fungible tokens, or NFTs, went along. Not at all like customary bits of advanced media, NFTs can't be so effectively replicated. Furthermore, however long they have existed, there has been protection noble cause involving them for raising support.
By Sithum Chathumina3 years ago in The Chain
Why are people calling Bitcoin a religion?
Peruse enough about Bitcoin, and you'll unavoidably run over individuals who allude to digital money as a religion. Bloomberg's Lorcan Roche Kelly referred to Bitcoin as "the primary genuine religion of the 21st 100 years." Bitcoin advertiser Hass McCook has taken to referring to himself as "The Minister" and composed a progression of Medium pieces contrasting Bitcoin with a religion. There is a Congregation of Bitcoin, established in 2017, that expressly calls unbelievable Bitcoin maker Satoshi Nakamoto its "prophet."
By Sithum Chathumina3 years ago in The Chain
Crypto theft is on the rise. Here’s how the crimes are committed, and how you can protect yourself
Direct robbery versus tricks There are two principal ways crooks get digital currency: by taking it straightforwardly or utilizing a plan to fool individuals into giving it over.
By Sithum Chathumina3 years ago in The Chain
Bitcoin is helping both sides in the Ukraine conflict, but it won’t wreck Russian sanctions
War is costly. The US spent about US$1.1 trillion (£830 billion) on the 2003 Iraq battle in the present case, while the Falklands war cost the UK what might be compared about £2.6 billion.
By Sithum Chathumina3 years ago in The Chain
6 essential reads about digital money and the promise of blockchain
Super Bowl 2022 was named Crypto Bowl even before the game was played on account of the publicizing barrage digital currency organizations released during the yearly broadcast display. The promotions, including a group of big names and tricks, are expected to persuade watchers that digital forms of money are the rush representing things to come.
By Sithum Chathumina3 years ago in The Chain
The Ethereum merge could kick off a transformation in crypto’s battered reputation
Digital forms of money could in any case be far from their highs of 2021, however, a portion of the significant ones have organized a few good recuperation in recent months. Strikingly, ether (ETH), the second biggest digital currency after bitcoin, is exchanging at nearly US$1,700 (£1,463) at the hour of composing, having dropped as low as US$876 in mid-June.
By Sithum Chathumina3 years ago in The Chain
Ethereum second biggest cryptocurrency to cut energy use by over 99%, but the industry still has a long way to go
Digital currencies utilize an eye-watering measure of energy. Ethereum, the world's second-biggest digital currency, utilizes an expected 78 terawatt long periods of power every year, equivalent to the power utilization of Chile.
By Sithum Chathumina3 years ago in The Chain
