blockchain
First came Bitcoin, then came the blockchain; all about the myriad applications of blockchain technology and how decentralization is changing the world.
Coordination kick-starters
We need to play kick more field goals In economics, there's a well-known issue: inefficiencies arise in any system that involves switching costs or barriers to coordinate. For example, one reason people go to college is that everyone else goes, and it doesn’t benefit an individual much to opt out of the system unless they can start a larger movement. One person alone can’t create change if others remain committed to the current system. This is where the concept of "coordination kick-starters" comes into play.
By Atlas Aristotle about a year ago in The Chain
Accelerating Stuck Transactions: Understanding the Child-Pays-For-Parent (CPFP) Mechanism in Cryptocurrency
In the world of cryptocurrency, transaction fees are a critical component that ensures the smooth operation of blockchain networks. However, there are instances where transactions become stuck in the mempool due to low fees, leading to delays in confirmation. To mitigate this issue, the Child-Pays-For-Parent (CPFP) mechanism was introduced. In this article, we'll dive into the CPFP mechanism, how it works, and its significance in enabling faster and more reliable cryptocurrency transactions.
By NwanKwo Chidiebere Godswillabout a year ago in The Chain
Tigran Gambaryan Still In Nigeria And May Stay Beyond September
Senior Executive at Binance, Tigran Gambaryan, Remains Detained in Nigeria: The Reasons Behind His Continued Custody. The ongoing detention of Tigran Gambaryan, a senior executive at Binance, has drawn considerable global attention. Gambaryan was detained in Nigeria amid allegations of fraudulent activities linked to Binance's operations within the country. While the company has been working to secure his release, citing health reasons, recent developments indicate that the Nigerian government is unlikely to release him in September. The refusal to release Gambaryan stems from two main factors: the government's resistance to external pressure and concerns over its national image, as well as the ongoing legal proceedings against him.
By NwanKwo Chidiebere Godswillabout a year ago in The Chain
The Complicated Relationship Between U.S. Interest Rates and Global Investment Trends
A reduction in interest rates by the Federal Reserve (Fed) is widely anticipated to take place in September of this year. This action has the potential to have enormous repercussions for the economy as well as the financial markets. In the past, a reduction in interest rates has been interpreted as an injection of liquidity into the economy.
By Estalontechabout a year ago in The Chain
