Decentralized systems vs. centralized. Two words that often appear in the vocabulary of the crypto-community when cryptocurrency advocates tout the virtues of blockchain technology. But is this really the case? After all, isn’t there a possibility that blockchain doesn’t possess the decentralization that crypto advocates assume it has? Let’s take a look at whether blockchain
You may have heard two similar terms in the crypto world, proof-of-work and proof-of-stake. These terms are used to distinguish whether or not a cryptocurrency is mined. However, sometimes the distinction between these terms can be confusing. Let’s take a look at what the difference between these terms is. Blockchain It is a known fact
Money, like everything, evolves over time, and today, more than ever, it is clear that money needs to be transformed into a new form that meets the demands and needs of modern times. Let take a look at what form money could take. Central bank digital currency At the moment, we have money divided into
The world and technology are constantly accelerating. Recently, we were introduced to NFT, which has greatly challenged the imagination of the public and artists alike, offering a new way to bring art to the people. If we are indeed at the beginning of mass adoption of cryptocurrencies and other things from crypto space, an important
Inflation can tell us many things. On the other hand, it cannot give us the big picture. There are other indicators to look at. One such thing that inflation cannot tell us is, when will the world return to normality or if there is going to be a new normality instead. Let’s look at the
Is PlatonCoin greener than Bitcoin? If you keep up with what’s going on in the crypto world, you will not have missed the drop in the price of Bitcoin, which is, among other things, linked to the ban on BTC mining in China and the announcement by Elon Musk that Tesla will no longer accept
The crypto market means something different to everyone. Whether it’s just a playground for speculation or a source of livelihood, you certainly didn’t miss the latest fall of the primary cryptocurrency Bitcoin. But can this market crash be considered a disaster, or is there some silver lining to this cloud? Exchanges crash too The truth
Blockchain can be considered a revolutionary technology. Just as the internet was revolutionary in its time. Blockchain offers many things that in today’s world can only be an idea. For example, it can fix the payment system. Let’s take a look at how it could do that. Payments and unnecessary fees Cross-border payments as we
Everything in the world is met with criticism or admiration. Cryptocurrencies are no exception. On the one hand, many people admire them and trade with them; on the other hand, there are plenty of critics who will not forgive a snide remark on the side of cryptocurrencies. Let’s see if there is any truth to
Visions are something that can help humanity to evolve and move forward. Some sound better, some sound worse. Other suggest what life might look like in the future. Let’s take a look at what some of the visions for our possible future are. Why it matters Visions are a culmination of ideas, principles and ethics,
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Malware attacks on digital wallets is now a real threat, how to protect your assets?
Malware attacks can cause a lot of problems, even cause you loosing your assets. Now it is a real threat also for digital wallets. Safety is very important and often neglected by many. Let’s take a look at what attacks you can experience in the crypto world. Why it matters One of the recent attacks
In 2014, China first announced work on its CBDC, the digital yuan. Since then, China has been releasing details about its CBDC and its use. It was only in October last year that we were able to read the announcement that China had consolidated its status as a pioneer of virtual currency thanks to legal