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…
Open Source
The Difference between an ‘Open-Community’ and ‘Closed-Network’ Blockchain
R3 is a consortium of about 200 firms coming together to research and develop distributed database models somewhere along Bitcoin's lines. Usually, they receive a lot of heat as they say they are researching a corporate or private model of "Blockchain" but are developing a version of Distributed Ledger Technology (DLT). This debate between a Public Blockchain and a Private Blockchain (yes, it's an oxymoron) is the center of great distress. Another such debate that hasn't reached the mainstream yet,…
5 years ago
EY Executive Admonishes Big Businesses to Dump Private Blockchain and Utilize Ethereum Network
In recent times, accounting company Ernst & Young held Blockchain Summit 2020 online. During the summit, the company’s blockchain leader, Paul Brody, noted that Ethereum is the best for blockchain-based industry solutions. The leader said the major thing is to focus on taking advantage of the public blockchain and all of its available tools and developers. Brody highlighted the necessity of the company’s blockchain initiatives to avoid private blockchain solutions. Blockchain will only be able to meet expectations if enterprises…
5 years ago
The Most Important Open-Source Blockchain Projects
An industry, sector, or model is only as good as the infrastructure it is built on. The infrastructure acts as a backbone, a framework, guiding the industry and its participants through. As we have come to know them, most industries are built on a centralized, hierarchy-based infrastructure. They follow a top-down approach, wherein a few participants at the top are responsible for most of the lower-level management's workings. But then came the Internet and changed the face of it all.…
5 years ago
A Beginner’s Guide to Understanding Brave Browser and BAT
Brave browser is built to give users a better internet experience by ensuring fast, private, and secure browsing. It blocks ads and trackers and rewards users to view privacy-respecting ads using their Brave Rewards feature. Brave uses Basic Attention Token (BAT) as an in-house crypto token to connect and reward users, publishers, and advertisers on its platform. BAT is an Ethereum blockchain-based or decentralized platform transforming digital advertising into a transparent ads exchange medium. Through BAT token, users, publishers, and…
5 years ago