Komodo CTO Warns That Bitcoin Is Becoming Too Centralized, Here’s Why
Kadan Stadelmann, the Chief Technology Officer (CTO) of Komodo, an open-source technology workshop, has raised…
Kadan Stadelmann, the Chief Technology Officer (CTO) of Komodo, an open-source technology workshop, has raised concerns about the increasing centralization of the world’s largest cryptocurrency, Bitcoin. Stadelmann asserts that the rising centralization poses a threat to the fundamental principle of BTC as a decentralized digital currency. Centralization Poses Existential Threat To Bitcoin According to Stadelmann, a…
For the past four days, fees paid by users on Bitcoin have exceeded those on Ethereum, according to data from Cryptofees, a data analytics platform. This surge in Bitcoin transaction fees has been associated with the growing anticipation surrounding the upcoming halving event and the Runes upgrade. Bitcoin Fees Surpasses Ethereum for 4 Consecutive Days…
Cryptocurrency markets are buzzing with excitement as the bull run of 2024 gains momentum. Investors are on the lookout for affordable coins that promise significant growth potential. This analysis dives into a selection of cryptocurrencies that appear poised for impressive climbs. Given the current market dynamics, these findings may provide valuable insights for those aiming…
Automata Network, a platform that provides private web facilities to dApps, has recently announced an exclusive development. The company has disclosed the launch of Horizen EON, an EVM-compatible sidechain that runs a smart contract forum focusing on scalability, on 1RPC. 1RPC operates as a Web3 relay that intends to safeguard the privacy of the consumers….
As the cryptocurrency community excitedly awaits the impending Bitcoin halving, Bitwise Chief Executive Officer (CEO) Hunter Horsley has weighed in on its impact on BTC, predicting that the event could potentially propel prices to $100,000 or even higher. Horsley expressed his optimistic outlook toward the upcoming Bitcoin Halving on the X (formerly Twitter) platform. Every…
Bitcoin price has seen the two ends of its volatility cliff, plunging on Israel Iran war before rebounding. Bitcoin halving events remain a crucial sentiment booster for investors. The price of Bitcoin (BTC) recently dipped below $60,000, hitting a low of around $59,600 on Binance. The drop in Bitcoin’s price which follows geopolitical tensions in…
Shibarium, the layer-2 blockchain solution crafted by the creators of the Shiba Inu (SHIB) token, have unveiled a comprehensive update to its platform, promising enhanced performance and broader accessibility. This announcement was disseminated through the official Shibarium Network account on X, which emphasized significant user interface improvements and expanded wallet compatibility. Shiba Inu News: Shibarium…
What a week it’s been. Bitcoin’s price plunged by around 8% throughout the past seven days, which saw the total cryptocurrency market tumble. This comes amid times of considerable geopolitical woes as tension between Iran and Israel continues. Let’s dive in. Starting off with Bitcoin, it’s currently trading around the $65K mark, down about 8.3%…
With the bull run of 2024 taking off, the focus shifts to promising altcoins that could lead the charge. While market leaders grab headlines, savvy investors scour the market for lesser-known coins with strong potential. Amidst a vast array of options, identifying which could soar requires insight and analysis. Highlighted here are three such contenders,…
As the Web3 space becomes increasingly saturated with thousands of games and decentralized apps vying for user attention, the challenge of fostering community growth has never been more competitive. Addressing this, Wobbl3 is stepping up with its innovative viral growth solutions built on top of NFTs and tokens on the Enjin Blockchain. Wobbl3 offers no-code…