Top 5 Multi-Blockchain Explorers to Check Out

Blockchain explorers are a critical component of the decentralized ecosystem. These protocols enable users to search for a particular piece of information on the blockchain, such as a transaction or wallet balance. Blockchain explorers have come a long way since crypto's early days. Here are the top 5 multi-blockchain explorers to check out. Blockchain  Blockchain offers more options and networks than Blockchain.com. The network enables users to search across 17 different blockchains from the convenience of one easy-to-navigate explorer. Users save time…

Who will enter the CryptoSphere first: Amazon or Facebook?

Amazon and Facebook are some of the biggest technology companies globally. Furthermore, the two giant companies have substantially impacted billions of internet users. One did it through Facebook's pioneering and massively successful social media platform. Meanwhile, Amazon used its enormous e-commerce platform and cloud computing services to change the retail market forever.  Both Amazon and Facebook have made several steps in the cryptosphere. Also, they are both pushing for the adoption of cryptocurrencies and blockchain technology. In fact, both have been…

Could Brexit be the Underlying Reason for Developing The Digital Euro

After the election in December 2019, the British Parliament decided to ratify the withdrawal from the European Union. Factors that influenced Brexit included immigration, sovereignty, anti-establishment politics, among others. Could Brexit have influenced the development of the digital Euro? Read on to find out as we break down factors that led to the development of the digital currency. The Growth of Digital Assets The concept of digital assets is not novel; its penetration and influence have left no stone unturned. The 2008…

The Correlation Between Blockchain Activity and Transaction Fees

Miners and validators are essential cogs in any crypto project. They're the ones who process transactions on a blockchain (BC) activity. For their efforts, crypto projects compensate them for their efforts from transaction fees. A transaction is only valid when it has undergone validation. The process ends in the validators adding it to the BC. Mining consumes a lot of computing power. As such, it's an energy-intensive exercise. The motivation for the miners is the block reward that consists of…

IOHK Submits Proposal for Final Alonzo Purple Upgrades

Earlier today, Input Output Hong Kong submitted a proposal for an upgrade to the Cardano testnet. The proposal sets out to complete the steps towards the Alonzo hard fork. Moreover, the Alonzo era is significant progress for the chain as it will support smart contracts on Cardano. According to a Twitter thread by IOHK, this upgrade will happen within the next few hours. Furthermore, the network will instigate the hard fork combinator, marking the final stages for the Cardano mainnet…

Understanding the Correlation Between the Stocks and Crypto Markets

Since Satoshi penned his blueprint on bitcoin's whitepaper in 2009, the correlation between stocks and crypto has evolved steadily. The same goes for the relationship between crypto and bonds, commodities, or equities. This weak affiliation to traditional asset classes has made Bitcoin a lucrative asset for investors looking to diversify their portfolios.  However, bitcoin's correlation to stocks has been steadily rising in recent months, as the asset class sees increased adoption. More financial institutions and Wall Street giants embrace bitcoin,…

7 Crypto-Friendly States in The US

The world is replete with cases of governments frustrating crypto usage or adoption. Ask anyone about the most crypto-suppressive nations. The chances are that they'll mention China besides other planned economies. Moreover, the crypto stances of many western governments haven't been encouraging either. Countries like America haven't cracked down on digital assets. They've shown open skepticism for them. However, though they've shown support, it has always been half-hearted. It's driven more by their reluctant acceptance. Not by the enthusiasm arising…

Atomic Swaps and Their Importance in Blockchain Space

The increase in the number of cryptocurrencies affords the consumer a more extensive choice of coins to use. However, exchanging them when the need arises proves a tedious affair due to the different blockchain technologies.  Usually, the parties will have to find a third entity such as a cryptocurrency exchange, to act as the transaction's trustee. Consequently, it could be both expensive and time-consuming as not all cryptocurrency exchanges support all coins. Migration of accounts or sourcing for intermediary currencies…

7 Most Common Cryptocurrency Solutions in iGaming

The gambling industry is growing exponentially globally. In 2019, revenues from gambling reached 468 billion dollars. Betting and gambling online through iGaming isn't too far behind in this trend. Cryptocurrency technology is bringing a new wave of advancements in the iGaming industry. While sometimes used interchangeably, there are several significant differences between iGaming and traditional gambling. iGaming is more accessible than conventional gambling and is available day and night. Furthermore, iGaming offers a variety of currencies to operate with, therefore, cutting…

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