Decentralization Financial News
11.07 / 13:53
Blockchain
privacy
Decentralization
Dapps
Want a compelling use case for privacy blockchains? Look no further than dating
The excitement surrounding Web3 is palpable — and undeniable. Projects are flooding into the space to build cutting-edge versions of the sites and apps served up by centralized Web2 rivals, covering every sector imaginable.
06.07 / 18:17
defi
lending
Decentralization
Compound
DeFi is ‘Designed to Avoid This Bullshit,’ Compound Founder Says About Crypto Bailouts
Decentralized finance (DeFi) protocols “don’t need to get bailed out,” and were “designed specifically to avoid this bullshit,” the founder of DeFi protocol Compound (COMP), Robert Leshner, has said.
04.07 / 15:13
defi
security
Decentralization
DeFi Suffers from Too Much Centralization, What Can Be Done?
"If any part of their business model incorporates centralization <...> then it is centralized no matter what other decentralized features it deploys."
30.06 / 03:07
Blockchain
Ethereum
Adoption
Decentralization
Ethereum Is Business-ready, Says Foundation-linked Body, but ‘Caveats’ Remain
The authors of a new report claim that Ethereum (ETH) is “ready” for use in the world of business – albeit with “some caveats.”
29.06 / 20:25
Polkadot
Decentralization
governance
Polkadot Unveils Governance V2 to Become More Decentralized and Censorship-Resistant
Blockchain protocol Polkadot (DOT) has announced changes to its governance mechanism in a bid to become more decentralized and censorship-resistant.
24.06 / 05:03
business
Blockchain
Binance
Decentralization
NOT
‘Bad’ crypto projects should not be bailed out says Binance founder CZ
Binance founder and CEO Changpeng “CZ” Zhao argues that “bad” crypto projects should be left to fail and not receive bailouts from crypto firms with healthy cash reserves.
21.06 / 23:09
security
Decentralization
Proof-of-stake
Staking
NOT
Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to 'Overly Catastrophize' It
Ethereum (ETH) co-founder Vitalik Buterin has said he is "definitely" worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system.
14.06 / 00:33
Blockchain
Stablecoin
Adoption
Decentralization
Scientists claim to have designed a fully decentralized stablecoin pegged to electricity
Researchers at the federally-funded Lawrence Livermore National Laboratory in California have combined statistical mechanics and information theory to design a stablecoin they call Electricity Stablecoin (E-Stablecoin) that would transmit energy as a form of information. Livermore’s Maxwell Murialdo and Jonathan L. Belof say their innovation would make it possible to transmit electricity without physical wires or a grid and create a fully collateralized stablecoin pegged to a physical asset – electricity – that is dependent on its utility for is value.
10.06 / 23:11
Decentralization
Bitcoin
Move Over Web3 (and Web4), Jack Dorsey’s TBD Is Building Web5
Twitter and Block co-founder Jack Dorsey is back at taking shots at Web3 again as TBD, a Bitcoin (BTC)-focused subsidiary of Block, announced that it is building Web5 - a Decentralized Web Platform (DWP) that is meant to enable ‘truly’ decentralized apps and protocols.
09.06 / 11:49
Ethereum
Decentralization
Optimism
Wintermute's 'Amateur Mistake' Leads to Loss of 20M Optimism Tokens
A mistake by crypto market maker Wintermute has resulted in the loss of 20m Optimism (OP) tokens currently worth USD 17m.
23.05 / 23:19
regulation
Europe
Decentralization
World Economic Forum
defi protocols
WEF 2022: Most DeFi protocols aren’t really decentralized, says European Parliament VP
Most decentralized finance (DeFi) protocols aren’t truly decentralized, which means we need proper regulations in place to understand the inner workings of this emerging technology, according to European Parliament vice president Eva Kaili.
23.05 / 16:23
NFT
Non-fungible tokens
fees
Decentralization
OpenSea’s New Marketplace Protocol Could Become ‘Uniswap Moment’ of NFTs
The popular non-fungible token (NFT) marketplace OpenSea has unveiled a new protocol that allows anyone to set up new and decentralized NFT marketplaces. And judging from some members of the community, the protocol could become the “Uniswap moment” of NFTs.
13.05 / 10:55
Blockchain
Stablecoin
Adoption
Decentralization
Terra Usd
Terra
Trust in stablecoins 'infinitely more important' than collateral
In light of recent market effects due to the collapse of the Terra USD (UST) stablecoin, several questions should be answered about what makes a stablecoin usable as the crypto market expands.
04.05 / 15:07
Blockchain
NFT
Decentralization
Bitcoin
Bitcoin NFT marketplace announces new brand in alignment with release of social hub
Identity, the qualities, beliefs and appearance that characterize a person are considered an individual's most valuable assets. While one's identity was once represented by their participation in the real world, it has quickly shifted to take on the meaning of "internet identity" on social media.
25.04 / 08:27
Stablecoin
Adoption
defi
Decentralization
Decentralization 'absolutely essential' in building crypto capital markets
If crypto capital markets have a chance of becoming an institutional reality, decentralization will be one of the key aspects according to one industry insider.
21.04 / 06:27
Blockchain
defi
Decentralization
Derivatives
Derivatives exchange dYdX to become '100% decentralized by EOY'
Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol's V4 update.
20.04 / 18:23
NFT
coinbase
Non-fungible tokens
Decentralization
Coinbase NFT Marketplace Launches in Beta, Plans to Move Beyond Ethereum
Coinbase NFT, a new non-fungible token (NFT) marketplace by crypto exchange Coinbase, launched in beta on Wednesday.
17.04 / 05:21
Blockchain
Adoption
Decentralization
Internet
Future
The future of the internet: Inside the race for Web3’s infrastructure
People interact with open-source applications like MetaMask, Web3 games, the metaverse and DeFi protocols every day but don’t often stop to think about what happens in the background for it all to work. If we think of Web3 as a burgeoning new city, node infrastructure providers are the underlying power grid that makes operations possible.
07.04 / 16:55
defi
Polkadot
Decentralization
Bitcoin
Interlay
Interlay introduce XCC protocol to enhance Bitcoin’s reciprocal relationship with DeFi
Interoperability network Interlay has released a 21-page technical whitepaper, titled XCC: Theft-Resilient and Collateral-Optimized Cryptocurrency-Backed Assets, advocating for the imminent development of cross-blockchain interoperability solutions to unlock a plethora of potential within the decentralized finance (DeFi) ecosystem.
05.04 / 19:25
Blockchain
defi
Decentralization
Proof-of-stake
Layer-1 blockchain project proposes infinite scalability as part of trilemma solution
The perfect blockchain comprises three elements: security, decentralization and scalability. The first two are said to go hand in hand, with decentralization being the backbone of blockchain technology, which requires no central authority or intermediary to operate. For this reason, Bitcoin initially arose as a solution with the ability to transfer funds without involving a central bank. Without an intermediary, security is maintained through a method of validation, where network nodes must approve a transaction.
04.04 / 16:39
Ethereum
Decentralization
Proof-of-stake
Bitcoin
stake
Top Narratives About Ethereum and Its Merge with Its Proof-of-Stake Beacon Chain
Ethereum (ETH) has launched Kiln, the final testnet its development community will use prior to the blockchain network's long-awaited transition to a proof-of-stake (PoS) consensus mechanism. Now that Kiln has gone live, it should be more or less only a matter of time before Ethereum will complete its ‘merge’ with the PoS beacon chain, which is due in Q2 2022.
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