Like gold, cryptocurrency such as Bitcoin is mined. Gold becomes harder and harder to find as it is mined. In the same way, as the supply of a cryptocurrency increases, computers have to solve harder and harder problems to be awarded cryptocurrency. Staking is a is a new approach that replaces mining and reduce costs. How does it work? Adam Read More ›
Twitter is considering decentralization according to a recent report from The New York Times. But what does decentralization mean, and how would it impact our experience with social media? Is this a solution to all the problems around censorship standards that Big Tech companies have faced in recent years? According to The New York Times, Twitter is following the early vision of a former employee named Blaine Cook by “funding an independent effort to build a so-called open protocol for social media. It is also weaving cryptocurrency into its app, and opening up to developers who want to build custom features for Twitter.” Kate Conger reports: Some skeptics believe Twitter is jumping on the web3 bandwagon, joining a trendy movement in tech to shift many Read More ›