Diversity and Sustainability of Game Genres The game industry has been growing and developing for decades and has created many different types of games. Essentially, there are several types of games catering to different interests, including role-playing games where players take on the persona of the main character and level up by completing quests, easy-to-play casual games, … [Read more...]
Soft fork vs. hard fork: Differences explained
A blockchain is a decentralized open-source software that powers cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). A fork is a change to the blockchain’s underlying protocol. A blockchain fork is a change to the network that can be either radical or minor. It can be initiated by developers or community members. The latest version of the protocol requires node operators (machines … [Read more...]
How does leasing become the main manifestation of NFT in the future
More and more businesses are beginning to use derivatives to lease or lend, as the demand for NFTs grows. Understanding the kernel of them and grasping their general laws requires our wisdom. The article looks at how NFT leasing could work in the real world, using housing leasing as an example. This text is suggesting that, in addition to reading the thoughts of others on current … [Read more...]
Discovering Insuretech: Blockchain Disruption of the Insurance Sector
The insurance industry is very complex, with a lot of different parties involved and a lot of data to manage. The insurance sector is appealing for blockchain-based optimization because of its two aspects. Distributed ledger technology is a prominent feature of a rising tide of technological innovations, known as insuretech, which seek to bring new efficiencies into the insurance … [Read more...]
How to get started in DeFi: A guide on the first steps in decentralized finance
What is DeFi? DeFi is a powerful, wild beast. And isn’t all of crypto decentralized finance, anyway? Sort of. The DeFi movement is all about financial products that prioritize decentralization and use incentive mechanisms to encourage investors to get involved. The decentralized finance world is made up of a multitude of non-custodial financial products, built around a culture of … [Read more...]
DeFi Vs. Legacy Finance: Solving Old Issues Brings New Complexities
This year, decentralized finance has become a hot topic in crypto communities. As protocols become more available, activity and volume in the DeFi space are beginning to increase. Consensys has found that the amount of Ether locked on DeFi platforms has increased significantly since the release of Compound. This is in contrast to the rest of the year, where activity was fairly … [Read more...]
DeFi vs. CeFi: Comparing decentralized to centralized finance
What is CeFi and how does it work? This allowed for the control of trade and soon the Mesopotamian empire became the richest in the world Thousands of years ago, finance was invented in ancient Mesopotamia. This allowed for the control of trade and soon the Mesopotamian empire became the richest in the world. Since then, humans have used a variety of items as currency, including … [Read more...]
Digital cold war? United States and China vie for blockchain supremacy
The co-founder of Ripple recently wrote an opinion piece for The Hill, in which he claimed that there is currently a "tech cold war" going on between two nations with two different visions for the financial future, and that the United States is not currently winning this war. He believes that China has a rare opportunity to take over America's role in the global financial system, which … [Read more...]
Decentralizing Data Storage With Storj: 10 Times Faster, 50 Percent Cheaper
This decentralization movement is gaining in scope and impacting many industries. Uberization is unstoppable and we certain about it. The data storage market is being largely influenced by the trend. The Cointelegraph interviewed James Prestwich, who is a co-founder of Storj. Storj is an open source platform for cloud storage that cannot be censored, monitored, or experience downtime. … [Read more...]
A deep dive into the 5 popular smart contract development platforms and their comparison
What is a smart contract? A smart contract is a computer program that automatically executes the terms of a contract stored on a blockchain. The program executes itself only when the conditions in the contract are met, thus eliminating the need for intermediaries. Additionally, having smart contracts in place decreases transaction costs significantly while increasing transaction … [Read more...]