A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards.
Peer-to-peer (P2P) networking is a distributed application architecture built upon the principle of the equality of participants. Commonly, P2P networks do not have dedicated servers and every peer takes a part of the work. P2P systems have been used in many application domains but became popular after the launch of the P2P file sharing system called Napster. Today, P2P networks are known for being platforms for the development of cryptocurrencies, such as Bitcoin, Ether and many others. P2P networks have proven themselves as robust, useful and secure, which then led to the establishment of P2P payment systems and to their growth in popularity. Current P2P networks are used in finance, content delivery, peer-to-peer file sharing, copyright infringement, multimedia and distributed search engines for building secure and trusted networks.
A Honda and GM-led working group has unveiled a global standard for using distributed ledger technology to create decentralized electric vehicle charging networks.9998
African crypto adoption has exploded in 2020, prompting fears of a heavy-handed regulatory response6219
What was behind my decision to leave a government position and continue down a path within the crypto and blockchain space.16235
What will happen to foreign P2P marketplaces operating in Venezuela?3615
Web 3.0 will certainly be a step toward a more decentralized, immutable and censorship-resistant version of the web.5807
As it stands, the current commercial and political landscape presents a perfect storm to herald the rise of decentralized alternatives.2236
Ukraine beats Russia, China and more in adoption metrics, according to new research from Chainalysis.7792
While many centralized exchanges benefited handsomely from the recent sell-off, P2P trade on Paxful dropped by almost 50% this week.9943
Humanity may never have a better chance to change finance than we do now, and crypto and blockchain could help us.8616
This year has been a milestone for open-source development, as more organizations have contributed funds by way of grants and sponsorships.5985
For the next generation internet to transition, a number of critical features must be implemented.9437
The global economic transformation now faces the main question: What to choose — centralization or decentralization?32482
Developing the DeFi space is perhaps the most important task that lies ahead for the crypto community in the coming years.6409
The global P2P markets are pumping, with numerous African and Latin American markets touching new all-time highs for volume.4079