MUFEX, the decentralized exchange (DEX) founded by industry veterans, is making waves in the DeFi space by providing a trading experience that closely resembles centralized exchanges (CEX) while leveraging the benefits of decentralization. With lightning-fast order processing and a diverse range of order types, MUFEX is rapidly emerging as the go-to platform for CEX users seeking a seamless transition to decentralized trading. MUFEX's professional yet easy-to-use interface sets it apart from other DEX platforms. It introduces innovative features such as…
DAPP
Twitter Creates A Crypto Team To Explore Decentralized Apps
Social media companies are scaling their efforts to immerse their platforms with blockchain technology. Earlier today, Twitter revealed that it is forming a team dedicated to exploring decentralized applications. Many know Jack Dorsey as a Bitcoin maximalist. However, this is only the first time his company has invested in the surrounding blockchain ecosystem. Twitter’s Crypto Team Tess Rinearson announced Twitter’s new team earlier today, revealing herself as the leader. She said that the team would focus on decentralized technologies that…
2 years ago 800 views
Philippines’ SEC Declares Top Ethereum-Based DApp a Ponzi
The Philippines' Securities and Exchange Commission (SEC) has declared the top Ethereum DApp, Forsage, which accounts for 25 percent of the activity on Ethereum network as a possible Ponzi scheme. As a major source of activity on the Ethereum network recently, Dune Analytics shows that Forsage smart contract consumed 12.78 percent of Ethereum’s gas within the previous 24 hours. Forsage, which is behind the increase in ETH transaction fees, claims itself as a fully decentralized matrix marketing project, as well as the most thought-out…
3 years ago 664 views
The Importance of Smart Contracts: An In-depth Analysis
Turing completeness is the ability of any system to stimulate other Turing complete machines. Simply put, a stimulation, when configured with specific instructions, could function on its own without outside/external interference. Qixcoin was the first cryptocurrency to feature in its source code a Turing complete mechanism. The mechanism allowed for the continuous embedding of verification that could function without third-party arbitration. It didn't take long for this innovation to pick up. Vitalik Buterin described a derivative of this mechanism that…
3 years ago 1.2 k views
Why Whales are Crucial to Blockchain-Powered Gambling Apps
Cryptocurrency whales are critical to the survival of blockchain-powered gambling apps, according to recent reports. DappRadar pointed out that 80% of the value flowing through several decentralized gambling apps on the Ethereum, EOS and Tron networks comes from people with high net-worth. Benefits of Whales to Blockchain-Powered Gambling Apps Whales exhibit outstanding sensitivity to nascent features on blockchain gambling apps and do not hesitate to leave one another when the likely returns change. The report noted that without regard to…
3 years ago 697 views
Meet NoleLegends, the Legends for the Tron Community
The game's (and the project's) philosophy is as simple as it's inspiring: it doesn't matter how grievous or big a problem may be, the forces of good can always prevail. NoleLegends is a decentralized application running on Tron’s blockchain. It has a special mystique in that it aims to create a bridge between gamers, blockchain technology, and philanthropy. It seeks to achieve that goal by providing a fun experience that players can thoroughly enjoy while also being something of an…
4 years ago 649 views