News
KuCoin’s new cloud-mining platform is aiming to control 10% of Dogecoin mining capacity, while offering investors new opportunities to invest in hashrate.
1542
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
- News
A sequencer failure froze Starknet block production for nearly three hours, forcing transaction resubmissions and raising new doubts about network reliability.
2898 - News
Tate is back in the Hyperliquid trenches, betting on the WLFI token despite his account nearing $700,000 in total losses.
2972 - Newsletter
Crypto markets are seeing a “natural rotation” into Ether and altcoins with more potential upside, Nansen’s research analyst told Cointelegraph.
7641 - Opinion
Developers must integrate AI agents through intent-centric systems or risk replicating the same problems Web3 set out to eliminate.
3161 - Opinion
Rollup-based layer 2s destroy crypto’s trustless nature through centralized sequencers that control inclusion, ordering and execution of transactions.
4732 - News
Over 70,000 wallets piled into the YZY memecoin, but most lost money as its price collapsed by over 80%, underscoring the risks of celebrity-backed tokens.
11684 - News
Four whales realized a cumulative $47.5 million profit on Hyperliquid, spurring price manipulation allegations related to XPL’s 200% rally.
4344 - News
The “White Whale” increased his social media pressure campaign to $2.5 million after claiming that MEXC requested an in-person KYC verification in Malaysia.
3085 - News
Developers are sharing stories related to concerning BigQuery pricing strategies, which charged multiple developers with a $5,000 bill for a single query.
11159 - Opinion
Crypto is building a new layer, not for money, but for truth. Markets, AI and protocols must fix the broken systems of science and verification.
2077 - News
CBDCs threaten more central bank control over money, including potential expiry dates on personal savings, Bitcoin Policy UK’s CEO said.
6522 - Newsletter
Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
7295 - News
Spot Ether ETFs now hold 6.42 million ETH worth $27.66 billion, equal to 5.31% of the asset’s circulating supply.
3123 - News
After making nearly $7 million in four months, the trader lost almost all their gains in two days, illustrating the unpredictability of the crypto markets.
6290