The Bitcoin mining reward rate gets cut in half every four years, but this seemingly simple event carries with it deeply felt implications for the future of DeFi.
Decentralization News
What is decentralization? A decentralization definition is that it is the process of distributing and dispersing power away from a central point. Most financial and governmental systems in the traditional mainstream world are centralized, meaning they are controlled and managed by a single authority.
There are several crucial disadvantages to this approach, stemming from the fact that any central authority also plays the role of a single point of failure in the system: Any malfunction at the top of the hierarchy, whether unintentional or deliberate, inevitably has a negative effect on the entire system.
Centralization can also be present on a technical level. Hacking one of a centralized entity’s main points of failure, such as a database, could affect the entire entity and its network.
Decentralization spreads power and information across multiple points. Decentralization advantages can include greater security and diversified control.
Bitcoin was designed as a decentralized alternative to government money and, therefore, doesn't have any single point of failure, making it more resilient, efficient and democratic. Its underlying blockchain technology allows for this decentralization, offering every user an opportunity to become one of the network's many payment processors. As a whole, the crypto industry values decentralization, with projects building on various blockchains and distributed ledger technologies, or DLT
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Io.net will support Apple silicon chips, allowing users to use the hardware for machine learning applications.
8084DAOs promise collective and transparent decision-making. However, whales and fake accounts threaten fair voting.
16599The adjustments include changes to Maker Vaults, SparkLend DAI Borrow Rate, the PSM, the Dai Savings Rate (DSR), and the Governance Security Module (GSM) Pause Delay.
7340This DeFi initiative ensures full compliance with Swiss finance regulations to increase user safety and market confidence.
15397Web3 is meant to be an inclusive sector, but more needs to be done to break the glass ceiling, as revealed by several testimonies from women in the Web3 industry.
628Ethena’s USDe yield is currently offering over 67% APY for investors.
4294While some crypto-AI tokens continue to deliver profitable trades, the long-term sustainability of the ecosystem will require more than just decentralizing AI components.
9728Blockchain technology can address the pervasive issue of inauthentic users on social media.
18263Over 90,000 Ethereum-based projects were likely involved in pump-and-dumps schemes, damaging the industry’s reputation amid liquidity pulls.
1018Today’s internet infrastructure faces challenges of access, affordability and censorship. DePINs propose a solution through a decentralized network.
14465Ethereum co-founder Joe Lubin told ETHDenver attendees that crypto is part of the next super cycle and “we are ready for a new system of the world.”
13605There are concerns that the halving may be bad news for mining decentralization.
11266Over a week into Starknet’s colossal airdrop event, daily active users and transaction count have returned to the baseline.
2833“Centralization means that you have concentrated risks,” said Hester Peirce, speaking at ETH Denver.
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