Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BlueSky
Jack Dorsey’s Decentralized Social Media Project Has Been Unveiled
Jack Dorsey has announced BlueSky’s long-awaited decentralized social protocol, called “Authenticated Transport Protocol.” The protocol is designed to let users regain control of their identity and data when using social apps. Decentralization Without Tokenization According to BlueSky, the AT Protocol (formerly known as “ADX”) integrates existing decentralized technologies to create a “simple,” “fast,” and “open” network. BlueSky is a non-profit launched by Twitter in 2019, without any stake held by the parent company. Jack Dorsey has previously suggested that BlueSky…
3 years ago