Exploring the Impossibility of Full Decentralization By Vlad Andrei This article first appeared on albaronventures.com In our quest to escape from existing corrupt centralized systems, we may believe that it’s possible to achieve complete decentralization. However, recent academic research shows that this is unfeasible — at least sustainably. For example, Bitcoin’s Proof-of-Work (PoW) mechanism relies on many different […]
What Exactly Is Facebook’s ‘Libra’ Cryptocurrency? What Are Its Challenges?
The new decade is set to launch with one of the most ambitious cryptocurrencies yet, with the social media giant Facebook’s ‘Libra’ expected to start trading in a few months. The new coin certainly has the muscle behind it: in fact, it has an entire Libra ‘Association’ that consists of companies such as Spotify, Farfetch, […]
Binance Adds Russian Ruble to Its P2P Platform
Cryptocurrency exchanges are also catering to the needs of the region’s traders. These include local leaders such as Exmo and Currency.com as well as global platforms like Huobi with its Huobi Russia branch that accepts rubles, and Binance, which has a Russian version of its website and supports ruble-denominated trading. This week, Binance also added […]
Tezos Searches Surging as XTZ Hovers Near All-Time High
Tezos has undoubtedly been the ‘crypto-darling’ of 2020, outperforming the majority of its brethren. Google searches for this proof-of-stake-focused altcoin are also climbing, indicating that interest is growing in alternative cryptoassets. Tezos tapped an all-time high over the weekend of just over $3.60. It was one of the top-performing altcoins in 2019, while most others […]
Crypto Valley and PwC Analyse ICO/STO Markets
PricewaterhouseCoopers (PwC) Strategy Switzerland, in collaboration with The Crypto Valley Association, have released their Spring 2020 edition of the ICO/STO Report, providing a perspective on developments within the initial coin offering (ICO) and security token offering (STO) markets. 6th ICO / STO Report, by @PwC @strategyand in cooperation with the Crypto Valley Association. Global crypto […]
China’s attitude could influence global crypto-regulations
They say the opposite of love is indifference; and if one thing has been made clear over the last few years, it is that governments and regulators are no longer indifferent toward cryptocurrencies. Countries like China are announcing national CBDCs left, right and center, while regulators across the world have started becoming more receptive, introducing […]
‘Zuckerberg’s Libra Coin Won’t Work’: Advocates of privacy and decentralization claim
Advocates of privacy coins and currency decentralization have joined the rejection of Facebook Libra. As part of a widespread rejection of Mark Zuckerberg’s stablecoin Libra, supporters of decentralized digital currencies, as well as privacy advocates, join a long list of organisations and politicians, claiming that a digital currency run by the Facebook CEO totally lacks […]
3 Things You Need To Be A Successful Bitcoin HODLer
Bitcoin blogger Sylvain Saurel has published a thoughtful piece on essential qualities to being a “True Bitcoiner.” Although insightful, there are other factors that should be considered when choosing to invest in and hold the flagship cryptocurrency. Understanding of the Technology The decentralized architecture of blockchain technology is revolutionary, yet it is also complex. It […]
What is the Lightning Network?
At some point in history, sending a telegram was the quickest and most efficient way of long-distance communication. To do so, you had to go to your local post office, fill in a form and pay for your message based on how many letters it contained. Then, the message would get telegraphed to the nearest […]
Crypto Could Undermine USD as the World’s Reserve Currency
The U.S. Office of the Director of National Intelligence has posted a research opportunity entitled “Evaluating the Impact of U.S. Dollar Losing Its Status as World Reserve Currency.” “There are many advantages for U.S. national security to have the U.S. dollar as the world reserve currency. Any international transaction settled in US dollars gives the […]
One of world’s largest cryptocurrency exchanges, Binance, applies to operate in Singapore
Singapore’s Payment Services Act, introduced last month, brings cryptocurrency firms into the regulatory fold okyo-based Liquid Group and London-based Luno, which operate in Singapore, have already said they plan to apply for the licenses Binance Holdings , operator of one of the world’s largest cryptocurrency exchanges , has applied for an operating license in Singapore […]