Tag: decentralization

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Privacy-Focused Zcoin Launches Funding Project Similar to Monero CCS

Zcoin launched a new platform designed to serve as a shift from direct funding from the block reward to a donation model. Privacy-focused cryptocurrency Zcoin (XZC) has launched a new crowdfunding system similar to one by another major privacy coin, Monero (XMR). In a Dec. 26 blog post, Zcoin announced the launch of the Zcoin…
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MetaMask Contributor Says Project Lacks Support From ConsenSys

The MetaMask team is allegedly not getting the support it needs from its parent company ConsenSys, a Redditor claims. A contributor of major Ethereum browser extension Metamask has reported that the MetaMask team is “totally overwhelmed” and not being prioritized by its parent company ConsenSys. In a Dec. 25 Reddit post, Reddit user lazaridiscom3 alleges…
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Buterin: Binance DEX Should Be Criticized for Centralization, Not ETH

In a recent Twitter discussion, ETH co-founder Vitalik Buterin triggered a wave of arguments over the respective decentralization of Binance DEX and Ethereum itself. Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes. In a recent Twitter discussion, Ethereum co-founder Buterin triggered a wave of argument over…
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We Totally Misunderstood Blockchain

Decentralization is one of the most important ideas behind blockchain technology, but the more real applications we see, the more centralized and government-backed it’s becoming. The fad is dying. A recent CB Insights report that was cited by Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at…
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Celcius CEO Says Entire Internet Will Become an Application on the Blockchain

Serial Entrepreneur Alex Mashinsky stated that the entire internet will become an application on the blockchain due to the rise of fake news. Speaking at ELEV8CON in Las Vegas on Dec. 10, founder and CEO of Celsius Network Alex Mashinsky said that there is a war brewing between centralized and decentralized networks. “The centralization of…
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Ethereum Istanbul — Faster, But Still Not the World Computer

Ethereum was supposed to bring us the “world computer,” but even 3,000 transactions per second is woefully inadequate. Vitalik Buterin has claimed that Ethereum will support 3,000 transactions per second after the upcoming Istanbul fork. Will this unleash a new wave of Ethereum creativity? Might we expect a surge in traffic on the Ethereum network?…
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Komodo’s AtomicDEX Exchange Runs a P2P Full Node in Your Web Browser

Komodo developers claim that it has created an implementation of its AtomicDEX that runs a full P2P node in the user’s web browser. The developers of multi-chain architecture project Komodo claim that it has created an implementation of its AtomicDEX that runs a full peer-to-peer (P2P) node in the user’s web browser. Komodo developers wrote…
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P2P Bitcoin Marketplace Paxful Set to Surpass LocalBitcoins in Volume

P2P Bitcoin marketplace Paxful recently hit an all-time-high in weekly traded volume, continuing its near-unbroken uptrend. Peer-to-peer (P2P) Bitcoin (BTC) marketplace Paxful recently hit an all-time-high in weekly traded volume. As of Dec. 2, CoinDance data reveals that for the week of Nov. 23, Paxful saw close to $30 million in P2P Bitcoin trades continuing…
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Blockchain, Power and Politics: How Decentralization Engenders Freedom

The distribution of political power could be reshaped by blockchain, which provides a decentralized alternative to existing structures. The 21st century world is connected, but not centered. These are both good things. Connections link people, cultures and ideas. Indeed, all the great advances in human history have been the result of social and economic networks.…
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EOS Block Producer Claims Centralized Misconduct on the Network

EOS Block Producer “EOS New York” has published data purportedly showing that six registered producers on the network are managed by a single entity. EOS Block Producer “EOS New York” has published data purportedly showing that six registered producers on the network are managed by a single entity. In a tweet published on Nov. 28,…
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