Opinion

The definition of scalability differs depending on the area of applications in websites, applications, or blockchain development. Scalability, or ability to scale, is a blockchain's capability to grow and support the increasing number of activities. Commonly, the concept of scalability relates directly to the speed, throughput, and ability to host increasing amounts of transactions with time. Most blockchain networks using the proof of work consensus algorithms offer transactions at a speed of 10tps. However, if crypto is globally adopted, it…

Since its introduction in 2009 by Satoshi Nakamoto, Bitcoin has realized widespread adoption with substantial value growth. Bitcoin is currently the most prominent cryptocurrency in market capitalization with over 100 billion dollars. Its’ value has soared enormously since the launch despite several bearish runs that saw it lose value. Bitcoin relies on a highly replicated public ledger as a decentralized currency, secured utilizing a hash and validated via community consensus. On the Bitcoin network, a transaction is considered valid and…

The evolution of the blockchain world has been phenomenal, showing no signs of slowing down. An interesting testament to this is the Non-Fungible token. Also known as NFT, it merges decentralization and unique rarity forms to produce a one-of-a-kind token. On the other hand, art is an expression of human creativity and imagination whose value is purely based on viewer opinion rather than the value of inputs used.  It's rare to have any aspect of cutting-edge technology being heavily dedicated…

Blockchain technology unlocks the impossible, and if you thought you had seen it all, you are in for new surprises. It’s the NFT industry this time around. Not like NFTs are a new concept. Non-Fungible tokens were around as early as 2014, but the industry hadn’t explored until recently.  2021 seems to be the most gifting year for the industry, although some experts believe it’s just a bubble that will soon pop out of favor. In any case, they are…

Forget Elon Musk's Twitter' jokes' that are dangling the prices of about every cryptocurrency in the industry. NFTs are the hottest thing in the crypto space right now. Perhaps the Tesla founder could soon shift focus and reap big from his frequent Twitter theatrics. Jack Dorsey just made millions from a tweet the other day after creating an NFT from his first-ever tweet. NFTs are in no way a new concept to which the crypto community is rising. The first…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,413 trillion. Bitcoin is down by 30% after another public bashing from Elon Musk and China regulators. Ethereum lost almost 47% of its value over the past seven days. XRP is down by 50% and is now trading again below $1. Binance Coin, Polkadot, and many other altcoins are down by 50%. The DeFi…

The crypto has shaken investors around the world crashes in recent days. However,  not Vitalik Buterin — although many of his fortunes have been wiped from the meltdown. Actually, in an exclusive CNN Business interview Tuesday morning, the 27-year-old co-creator of ethereum said he believed cryptocurrencies were in a bubble. He emphasized, however, that "the popping of bubbles is notoriously difficult to predict." Ethereum Went Down Just Like the Others Ethereum plunged below $1900 – an astonishing decrease from Tuesday…

Anthony Pompliano announced that Bitcoin Pizza, a new project, would use local pizza delivery to fund Bitcoin development. Pompliano clarified in a video posted on Twitter that 100% of the proceeds from the new project go to the Bitcoin Development fund initiated by the Human Rights Foundation. The fund benefits software developers from the open-source and the cryptocurrency community. Today I am announcing Bitcoin Pizza - a new national pizza brand that is launching in 10 cities. The first pizzas…

Even as cryptocurrencies with larger market caps continue to tumble,  MATIC (Polygon) Ethereum's multichain scalability platform has skyrocketed. In a seven-day trailing period, it has grown by nearly 145%. The platform's surge is taking place in the backdrop of a resurgence of the Defi sector. By midnight on Monday, the coin had attained a record high of $2.14. MATIC Gains Over BTC and ETH At the time of going to press, Polygon's token was trading at $2.04. The price represented…