Decentralization Financial News

22.11 / 17:19

Blockchain Technology Decentralization Internet of Things Unique Web3 tech primed to democratize Internet of Things industry

We live in houses that are capable of monitoring and controlling a wide range of internal processes — from heating and cooling to security and surveillance mechanisms. Our cars keep track of external conditions and are well on their way to driving themselves. Our phones are constantly gathering valuable data and recording our activities — both on our devices and in real life.

21.11 / 23:19

Blockchain Decentralization Bringing crypto and holiday spirit giveaways to everyone with XGo’s Web2.5

While the crypto market goes up and down in an almost hypnotizing lull, there is one thing everyone is looking forward to - the holiday season. As the end of the year approaches quickly, Christmas and New Year's are knocking on the door. Yet, the uncertainty of the global economic landscape might be putting a stain on the festive season for some this year.

19.11 / 19:43

defi Decentralization Digital Asset index Decentralization index from Cardano builder, U of Edinburgh will help users understand assets

The University of Edinburgh and Input Output Global (IOG), the builder of the Cardano network, have teamed up to create a blockchain decentralization index, IOG announced on its blog. The new service is the first of its kind and will use a “research-based” methodology developed at the university.

10.11 / 17:29

Adoption defi Decentralized Exchange Decentralization defi protocols Threat services Maintaining decentralization: Are custody services a threat to DeFi protocols?

Decentralization is part of the cryptocurrency industry’s core, with various protocols trying over time to achieve the level of decentralization that Bitcoin (BTC) managed to get as it grew organically from a white paper published to a mailing list to a new asset class.

10.11 / 01:31

Blockchain Ethereum Decentralization zk-STARK L2 L2 is crucial to Ethereum decentralization, censorship resistance, says researcher

Ethereum layer-2 scaling platform StarkWare has officially launched the StarkNet Foundation with the introduction of a diverse board that aims to safeguard Ethereum's decentralization and censorship resistance.

07.11 / 03:29

business Investments Decentralization Founders should consider VC firms their allies as they build in the bear market

This year’s bear market trajectory should be looked upon as a favorable opportunity for Web3 founders to raise capital and build cutting-edge products. Some of the most robust businesses today were built during market downturns, and founders now have a real opportunity to ensure they’re building products and services that meet genuine, real-world needs and look beyond oversized checks to find the most suitable business partnership.

03.11 / 21:49

Blockchain Adoption Decentralization Koinos to launch its free-to-use blockchain mainnet

Layer-1 decentralized blockchain Koinos is set to launch its mainnet on Nov. 5. It will be a free-to-use platform based on a Proof-of-Burn (PoB) consensus algorithm, built to deliver more efficiency and access to developers in Web3.

01.11 / 04:35

defi wallet Decentralization DAO Multisignature crypto wallets are the safest bet for DAOs

Decentralized autonomous organizations are paving the way toward community governance for any kind of company. We’re seeing new creative use cases for DAOs, such as GameFi comic books laying the foundation for collectible card game development and support from key players like Ethereum co-founder Vitalik Buterin — who has claimed there is value in shared decision-making to eliminate acts of collusion.

20.10 / 01:45

Blockchain UPS regulation Decentralization BoE policy talk: DeFi had better implement good governance before it’s too late

The lack of regulation and good governance in the crypto sector is more than a hindrance to businesses and lack of protection for users, it is an existential threat, Bank of England Financial Policy Committee external member Carolyn Wilkins said in a talk on Oct. 19. Decentralized finance (DeFi) would be a good place to start getting affairs in order, she said.

18.10 / 18:03

Adoption Society Decentralization Bitcoin Tech’s good intentions and why Satoshi’s new ‘social order’ foundered

All revolutions have their dogmas, and the cryptocurrency/blockchain insurgency is no different. It’s an article of faith among crypto adherents that decentralization will solve many of society’s ills, including the problem of governance.

18.09 / 12:47

Blockchain Ethereum Mining Decentralization Flashbots build over 82% relay blocks, adding to Ethereum centralization

Following the completion of The Merge upgrade, Ethereum (ETH) transitioned into a proof-of-stake (PoS) consensus mechanism, helping the blockchain become energy efficient and secure. However, mining data reveals Ethereum’s heavy reliance on Flashbots — a single server — for building blocks, raising concerns over a single point of failure for the ecosystem.

16.09 / 14:41

event Blockchain Decentralization Event Recap DeData 2022: The advantages of decentralization in Web3

With the convenience of centralization seemingly threatening the original crypto vision, decentralization will still help escape a potential dystopian future, according to a panel discussion at the DeData Salon 2022 conference held in Berlin, Germany.

13.09 / 15:19

Ethereum NFT Decentralization reputation The challenges with building a reputation in Web3 — and how to solve them

Amazing things are being built in Web3 — often by pseudonymous individuals who prefer to keep their real-world identity private.

07.09 / 15:51

Ethereum Ethereum 2.0 proof-of-work Decentralization Bitcoin proponent Samson Mow highlights centralization aspect of the Merge

Samson Mow, a well-known Bitcoin proponent, recently took to social media to talk about the centralization aspects of the upcoming Merge, which he claimed isn’t widely known.

01.09 / 00:19

Adoption regulation Decentralization Reserve US Federal Reserve discussion paper takes cold, hard look at DeFi, gives it mixed review

There are more than 1,400 DApps in operation and their number is growing rapidly, according to a United States Federal Reserve Board discussion paper dated in June but released on Aug. 30. Ethereum is their biggest host with 470, or 31%, of them. Those decentralized finance (DeFi) products represent a very small share of the global financial system, but may still pose risks to financial stability, the authors said.

23.08 / 20:05

Decentralization Dapps Bitcoin 'Just one click installation and you're on Web3': shares Point Labs CEO

To many, Web3 is a concept that is equal parts promising and distant. Naturally, as the conversation continues to grow, many are now confused about where Web3 can be accessed, especially with the sheer number of self-proclaimed “decentralized applications” better thrown as “dApps” that are supposedly running and available. The caveat is that many of these projects aren’t fully decentralized, as they claim, often relying heavily on components of Web2 like centralized storage. The result is that at any time, a centralized party can disable access leaving users unable to access associated applications or, in extreme cases, compromise the dApps, which may lead to loss of funds and private data.

19.08 / 15:51

NFT copyrights Decentralization rights NFTs democratize music industry and redistribute song rights

The music industry continues to find inventive ways to integrate decentralized technology into new releases to benefit both artists and their fans.

18.08 / 11:39

Blockchain Ethereum Decentralization Cloud Services accounting 3 cloud providers accounting for over two-thirds of Ethereum nodes: Data

The majority of 4,653 active Ethereum (ETH) nodes are in the hands of centralized web providers like Amazon Web Services (AWS), which could “expose Ethereum to central points of failure,” according to crypto analytics platform Messari.

11.08 / 22:43

Blockchain solana Decentralization Solana Ecosystem Over 1,900 block-producing nodes in the Solana ecosystem, new report reveals

Solana released its first-ever, "Validator Health Report" which revealed information on its network operators. According to the report the network has over 1,900 block-producing nodes with nearly 1,688 (88.14%) of those run by independent entities.

11.08 / 14:39

Blockchain Environment Decentralization This blockchain platform says it's eco-friendly without compromising on performance

The excitement surrounding blockchain technology is palpable, but it's been coupled with growing concerns about the impact that mining has on the environment.

10.08 / 09:25

defi Ripple Decentralization CeFi DeFi needs a 'killer app' to go next level, says Ripple exec

A “killer app” for consumers is what will be needed to bring the decentralized finance (DeFi) sector to a level that draws in a mainstream audience, said Ripple Lab’s head of DeFi markets Boris Alergant.

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