02.06.2022 | asorokin
Despite the relative youth of the project, Solana has already become one of the leaders in a number of areas. For example, already today, about a billion dollars of distributed finance funds are blocked in the cryptocurrency ecosystem. Although the developers still consider SOL to be in test mode, however, this does not reduce interest in the project. Let’s look at what the main ideologists have proposed and how they implement their promises.
26.05.2022 | mnalilovich
The problem of cryptocurrency stability still remains quite high. In the near future, it is hardly worth waiting for the stabilization of this situation. Many people tried to find a solution, for example, Tether released a secured cryptocurrency USDT. However, with this approach, the whole meaning of cryptocurrencies is lost, namely decentralization. Also, the presence of a single manager leads to a number of problems. Algorithms and classical mathematics came to the service of the community here, which led to the emergence of algorithmic stablecoins.
13.05.2022 | auglovoi
Michael Novogratz was one of the first billionaires from the Forbes list to believe in the prospect of bitcoin and cryptocurrencies in general. Before the global financial crisis of 2008, he managed to get on the list of the richest people on the planet thanks to his projects. In addition to asset management of the Fortress investment fund, which was one of the largest in the world, Novogratz was a partner of Goldman Sachs.
09.05.2022 | asorokin
As we have already considered, the termination of the activity of Tether, issuing USDT and operating its collateral, remains only a matter of time. The current asset structure will not allow the company to comply with the planned regulation in the United States. Even if the company’s management wishes, it will not be possible to quickly bring the software into the field of new requirements, and the license agreement does not oblige Tether to reimburse the cost of each coin.
04.05.2022 | asorokin
Contrary to popular legend, Vitalik Buterin has only Russian roots and place of birth. However, when he was only six, his parents moved to Canada, where he received his basic education. What allowed a young, ambitious guy to become the youngest cryptocurrency billionaire?
Father gave him a start in life Vitalik’s father Dmitry Buterin is a computer scientist, which allowed him to move to Canada in the early 2000s. His father’s technical education played a significant role in the development of the future of the youngest billionaire.
28.04.2022 | asorokin
Bitcoin SV is a Bitcoin Cash Hard Fork. Thus, it is a branch of another branch of the first cryptocurrency. Why did the developers create another clone of bitcoin and what ideas does the new coin carry?
The history of Bitcoin SV Bitcoin SV appeared on November 15, 2018 for the same reasons that the offshoot of its parent Bitcoin Cash occurred, exactly, different views on the further development of the project.
18.04.2022 | asorokin
Atomic Swaps or atomic exchange is a technology that allows you to exchange various cryptocurrencies that have their own distributed registries. That is, tokens based on Ethereum can be exchanged inside the network using a native coin for the operation, with an atomic swap, for example, bitcoin can be exchanged for ether without an intermediary, directly. This approach seems very attractive in many cases, however, there are also disadvantages. To begin with, let’s look at how the exchange is organized on the Cryptex exchange, and then compare it with an atomic swap, highlighting the pros and cons of each approach.
11.04.2022 | mnalilovich
In the history of cryptocurrency, since Satoshi Nakamoto presented his white paper, it was [bitcoin] (/blog/en/cryptocurrency/bitcoin/) that became the most cloned distributed registry that survived many forks. One of the most successful, without a doubt, was Bitcoin Cash, which is consistently among the ten largest in terms of capitalization of unsecured digital assets. However, another implementation of the bitcoin blockchain principle, which took its place of honor in the hundred capitalization and gained popularity of the community, became Bitcoin Gold.
05.04.2022 | mnalilovich
To begin with, let’s look at what preceded the appearance of Bitcoin Cash and what problems it was designed to solve.
Although bitcoin has been around for more than a decade, however, the problem of network scalability remains unresolved, and if a partial solution has already been developed and implemented, then in 2017, when the first wave of the cryptocurrency boom started, there was a problem of transactions. In some cases, users had to wait for confirmations for several days or set disproportionate commissions, which killed the meaning of using bitcoin.
23.03.2022 | asorokin
The Litecoin cryptocurrency (LTC ticker) is one of the most famous forks (branches) of the Bitcoin, which is also called “** digital silver**”.
On October 13, 2011, the Litecoin network was successfully launched online for the first time. The developer of the LTC is a very famous person in the crypto world — Charlie Lee. Charlie Lee, being fond of modern digital technologies, dreamed of creating his own lightweight version of the Bitcoin cryptocurrency, which would work much faster and require a lower commission fee.