There are various types of cryptocurrencies, each with its own set of characteristics. Some cryptocurrencies are designed to be utility tokens, which means they can only be used within the issuing ecosystem. A cryptocurrency may be a DeFi token,...
GameFi is the acronym for Game and Finance, and it has evolved to include remarkable functionalities that allow users to earn while playing games. This ecosystem is focused on integrating financial architecture into games. Users on a Play-to-Earn (P2E)...
Governance is an element of blockchain technology that has endeared it to several industries and businesses. The establishment of the Decentralized Autonomous Organization (DAO) is an integral part of blockchain governance that has recently become relatively prevalent. The principal-agent...
When the term "blockchain" is mentioned, people assume it is merely a theoretical concept that cannot be utilized in the real world. In some cases, people erroneously link blockchain technology only to cryptocurrencies. Though cryptocurrencies are based on the...
As more individuals became aware of cryptocurrencies and blockchain technology, Bitcoin, Ethereum, and other networks began to struggle with scalability limitations. These issues are especially glaring on the Ethereum blockchain due to the increased interest in decentralized applications and...
A centralized model is used in most online games. This means that all related data is stored on a server under the complete control of the game's administrators. Account information and server history are typical examples of such data....
DeFi is a rapidly growing blockchain sector with enormous potential. Decentralization technologies have the potential to totally transform the financial system, making it safer, more open, and less expensive for end-users. Every year, more and more people learn about...
Globally, the demand for and usage of cryptocurrencies and similar digital assets has steadily increased. A once-ignored digital asset is now being used to send money across borders, stored for speculative purposes, as a key to access the different...
In the wake of the collapse of TerraUSD, an algorithmic stablecoin, it was widely expected that financial regulators would take swift action to set some ground rules for stablecoins. (See “Terra LUNA 99% Crash: How Did It All Go...
In recent times, cryptocurrency usage has skyrocketed globally. More countries are creating regulations guiding cryptocurrency usage, mining, crypto exchanges, etc. The regulations guiding cryptocurrencies in different countries vary based on how the government views them. For example, El Salvador...
