When (if) Ethereum successfully switches to POS it should finally solve the scalability problem on L1. In that case, will all the L2 solutions become redundant? I am still noob in this area, so please forgive me if that question does not capture the nuance of the upcoming changes (transition from PoW to PoS on…
Read more
A recent meetup on the Capitol Hill highlighted several key debates that will define the mining industry’s development in the years to come.
Fee-less system or flexible blockchain with smart contracts: What do you choose to build your DApp? Or you don’t need to choose at all?
Title says it all, it is so hard to explain to anyone about crypto. They all just treat you with deep suspicion and repeat the same pre-programmed lines back to you from the banking and media industries. You guys handle your own currency transactions? You mean that magic internet money? It's like, you…
Read more
It’s always a great time to be alive when you’re predicting the future of bitcoin. Panelists from various industries and fields have revised their predictions with us again, but they still think this cryptocurrency will hit new highs by 2022. Cryptocurrencies are not for the faint-hearted, but experts believe that record highs await us in 2022. Bitcoin has seen a significant drop in value this week, with prices currently sitting at around 50% of their all-time high. However, it has recovered slightly after reaching as low as $33K on Monday morning and is worth about $37K. Related Post | Bitcoin Recovers From Seven Month Low Of $33K Analysts are split on whether or when to buy, sell and hold cryptocurrency. However, more than half believe this is a good time for buyers, with only 45% disagreeing. It is interesting to see how different groups respond when given an investment opportunity. In this case, 29% of those surveyed said they should neither buy nor sell, while 10% thought investors should sell. Bitcoin Price Predictions By the end of 2022, experts from the top 33 fintech predict that the bitcoin price will reach an all-time high. The prediction is $93 717 – more than $20,000 higher than its current all-time high in November. The panel predicts that by the end of 2025, bitcoin will trade on $192,800 and mount to $406,400 by 2030. While these predictions may seem lofty goals at first glance- they’re significantly less than what experts predicted back in July 2021 when their last forecast said bitcoin price could reach $265k and $706K, respectively. Fred Schebesta, co-founder of Finder.com, said; “Cryptocurrencies are proving to be a staple competitor to the traditional financial infrastructure of the world, and many projects are now well beyond the theoretical realm of potential value.” Another statement by Dr. Iwa Salami, an associate professor in law at the University of East London, explain; “Increased interest from retail and institutional investors cannot be overlooked, and yes, while there are still huge regulatory gaps, the potential of this emerging industry to transform business and finance and to facilitate financial inclusion mustn’t be overlooked or undermined.” According to other survey respondents, the latest bear market may not yet be over, with economic uncertainty looming as an additional threat to the industry. Lee Smales, an associate professor at the University of Western Australia, added; “Bitcoin seems to be bracing for a large fall. We might be witnessing the end of one era and the beginning of another. A ‘double top’ seems to have formed, with prices giving up all their gains from last year; however, I wouldn’t put money into this until there are more useful/efficient alternatives available because nothing lasts forever.” Featured image from Pixabay, chart from TradingView.com
One of my friend has tokens worth around 10K USDT in his metamask wallet and it got compromised. He tried to send ETH couple times but got sweeped instantly. What is the best possible way to withdraw those tokens? I have read couple of articles but couldn't understand much Any kind of help would be…
Read more
I want to keep some of my artworks for my personal collection. How can i make that happen? Also, would I be able to send people specific artwork that I saved specifically for them? submitted by /u/pseudologiann [link] [comments]
When evaluating a smaller chain that is somehow "connected" to a larger chain, the most important question to ask is this: If an attacker can 51% attack the smaller chain, how much damage can they do? This is a very realistic and important question to ask, because the smaller chain is very often much smaller…
Read more
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs More Than 5%, Ethereum Defi Dominance Still 60%, Cross-Chain […]
I read about this occasionally and it keeps me up at night. People cash out their long-held crypto at an enormous profit, but as soon as they exit stable coins and transfer fiat into their bank account, the bank freezes the account for 'suspicious activity' and sometimes never gives it back. What is the best…
Read more
