Tagged: decentralization

Over $4 Billion Now Locked into Nascent DeFi or Decentralized Finance Market, with Open-Source Lending Protocol MakerDAO Leading the Way

The decentralized finance (DeFi) sector continues to experience significant growth, as the total value locked in its markets has surpassed $4 billion, according to DeFi Pulse data. DeFi markets leverage blockchain or distributed ledger technology (DLT), crypto-assets, and smart contracts (automated business logic), in order… Read More

Proof of Stake Blockchain Project Cardano Launches Shelley Mainnet After Over 5 Years of Peer Reviewed Development

The Cardano blockchain completed a “historic” hard fork (backwards incompatible upgrade) on July 29, 2020 – which initiated the launch of the highly-anticipated Shelley mainnet (main or production ready network). The open-source blockchain-based development platform will try to compete with Ethereum, EOS, and Tron (TRX)… Read More

Bluzelle, a “Decentralized” Data Network, to Launch Mainnet on August 8, 2020, will Use Latest Tendermint Version

Bluzelle, which aims to serve as s “decentralized” data network, revealed on July 30, 2020, that it will be launching Phase 1 of its mainnet. The network is scheduled to officially go live on August 8, 2020. Once the network is live, Bluzelle’s BLZ token… Read More

Injective Protocol, a “Decentralized” Crypto Derivatives Exchange to Support Futures, Margin Trading when Launched

The developers of Injective Protocol, a “decentralized” derivatives exchange, have acquired $2.6 million through a seed funding round that was led by Pantera Capital. Injective Protocol has been incubated by Binance, the world’s largest digital asset exchange. Injective’s developers have also acquired investments from Axia8… Read More

DeFi Project Orion Protocol Secures Over $3 Million in Capital via “Dynamic” Coin Offering or DYCO

During the past few years, initial coin offerings (ICOs) and initial exchange offerings (IEOs) have raised billions of dollars in funding for various so-called “decentralized” blockchain initiatives. Most of these projects have been scams or have just been really bad ideas that never really materialized…. Read More

Bitcoin and Other Blockchain Networks May Not be Decentralized as Recent Cloudflare Outage led to Lower BTC Transaction Confirmations

San Francisco-based Cloudflare, a web-infrastructure and website-security firm, offering content-delivery-network services, DDoS mitigation, Internet security, and distributed DNS services, experienced downtime again on July 17, 2020. Whenever Cloudflare goes down or has some other type of technical difficulties, it immediately affects millions of websites that… Read More

Binance has Reportedly been “Paying Great Attention” to Ontology’s Blockchain Governance and Economic Model, Might Consider Becoming a Node on the Chain

Li Jun, the founder of Ontology, a “high-performance” enterprise blockchain platform, recently noted that the Ontology development team has been working cooperatively with Binance and Binance.US on various ONT trading campaigns. The Ontology team members, whose comments came during a recent AMA session which aimed… Read More

Blockchain Features that Bring Decentralization Pose Challenges to Providing Protection for Stakeholders, According to Chairman of Malta Digital Innovation Authority, Dr. Joshua Ellul and Others

Dr. Joshua Ellul, the Chairman of Malta Digital Innovation Authority and Director of Centre for DLTs, University of Malta, has noted that he has published a paper (with Jonathan Galea, Max Ganado, Stephen McCarthy and Gordon Pace) titled “Regulating Blockchain, DLT and Smart Contracts: a… Read More

Lars Brünjes, Director of Education at IOHK, a Company Supporting Cardano Development, Says Blockchain Platform “Wants to be Truly Decentralized”

Lars Brünjes, the Director of Education at InputOutputHK, an organization that supports the ongoing development of Cardano (ADA), a blockchain-enabled solution for building and deploying decentralized applications (dApps), says that establishing solid parameter values and maintaining flexibility will be “key to the growth and ongoing… Read More

Non-Custodial Exchange Uniswap Recorded $1.9 Million in 24-Hr Stablecoin DAI / Ethereum (ETH) Trading Volume, Coinbase Pro Only $0.2 Million

  Hayden Adams, the inventor of Uniswap, a widely-used non-custodial digital asset exchange, claims that decentralized trading platforms are “already beating centralized ones for a ton of ETH/ERC-20 pairs.” Adams acknowledges that trades involving fiat and cross-chain cryptocurrency pairs are still mostly being done on… Read More

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