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…
DAPP
The Importance of Smart Contracts: An In-depth Analysis
Turing completeness is the ability of any system to stimulate other Turing complete machines. Simply put, a stimulation, when configured with specific instructions, could function on its own without outside/external interference. Qixcoin was the first cryptocurrency to feature in its source code a Turing complete mechanism. The mechanism allowed for the continuous embedding of verification that could function without third-party arbitration. It didn't take long for this innovation to pick up. Vitalik Buterin described a derivative of this mechanism that…
5 years ago
Why Whales are Crucial to Blockchain-Powered Gambling Apps
Cryptocurrency whales are critical to the survival of blockchain-powered gambling apps, according to recent reports. DappRadar pointed out that 80% of the value flowing through several decentralized gambling apps on the Ethereum, EOS and Tron networks comes from people with high net-worth. Benefits of Whales to Blockchain-Powered Gambling Apps Whales exhibit outstanding sensitivity to nascent features on blockchain gambling apps and do not hesitate to leave one another when the likely returns change. The report noted that without regard to…
5 years ago
Meet NoleLegends, the Legends for the Tron Community
The game's (and the project's) philosophy is as simple as it's inspiring: it doesn't matter how grievous or big a problem may be, the forces of good can always prevail. NoleLegends is a decentralized application running on Tron’s blockchain. It has a special mystique in that it aims to create a bridge between gamers, blockchain technology, and philanthropy. It seeks to achieve that goal by providing a fun experience that players can thoroughly enjoy while also being something of an…
6 years ago