Article: Is Cross-Chain Technology The Best Way Forward For Blockchain and DeFi?

Blockchain, Decentralized Internet, Money

Is Cross-Chain Technology The Best Way Forward For Blockchain and DeFi?

Why is cross-chain technology so important? Because it’s viewed as one of the main tools to help continue the growth and expansion of decentralized finance (DeFi).

If elements of the DeFi industry are not able to work with each other in a smooth manner, decentralized finance will be hindered in its attempts to challenge, or at the very least, bring traditional finance to the crypto world.

Blockchain interoperability also allows people to make payments across multiple blockchains, fueling an energetic digital economy where many believe multi-token wallet systems should emerge.

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Article: Money Reimagined: NFTs Can Help Create a New Internet

Crypto, Decentralized Internet, Digital Content, Web 3.0

Money Reimagined: NFTs Can Help Create a New Internet

In establishing digital scarcity via one-of-a-kind tokens, and in holding out the promise of peer-to-peer digital media exchanges, NFTs hint at new approaches for media companies and brands to engage directly with their audiences without the intermediation of the platforms.

NFTs pose their own ownership issues. Many buyers are discovering they don’t really own the art or content to which they are attached.

And, as Khloe Kardashian’s bikini photo saga shows, it’s very hard to stop the replication of content, especially when it’s going viral. NFTs can’t physically stop or control the copying of digital content.

However, we can establish standards assuring that special rights to NFT-associated content are not controlled by a separate custodial platform but are assigned to the token owner and  cryptographically bundled with the token itself so they can be easily transferred to the buyer with each downstream sale.

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Article: This VPN service uses cryptocurrency to make browsing the internet safer — Here’s how

Crypto, Decentralized Internet

This VPN service uses cryptocurrency to make browsing the internet safer — Here’s how

“A decentralized VPN (dVPN) is a peer-to-peer network for people to offer and connect to a bandwidth network,” Edlbeck said. “Anyone can offer their excess bandwidth from their home or from a data center, and people can also route their traffic through that excess bandwidth.”

As he puts it, a dVPN is a marketplace where people can offer a decentralized bandwidth via a peer-to-peer network. It’s all managed by whoever wants to opt-in.

“The benefit of using a VPN is really the same as using a centralized VPN or a decentralized VPN. You’re using both for the same use cases, but in a decentralized architecture, it’s individuals that are offering the nodes on the network.”

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Article: Interoperability of blockchain key to realising tech’s full potential

Blockchain, Decentralized Internet

Interoperability of blockchain key to realising tech’s full potential

Blockchain interoperability would be especially needed in value chain industries, such as supply chain, trade finance, healthcare, aviation, and other such industries. One simple blockchain network would not cut it and would simply be unable to provide all the needs for any given transaction. Hence the need for many networks and connecting these networks is what makes this system worthwhile.

There are many interesting projects such as Chainlink, Cosmos, Hybrix, Polkadot, and Wanchain. Other notable projects include Aion, Ark, ICON, Transledger, Cosmos and Overledger. The endgame is to create an ‘internet of blockchains’ – a network of blockchains that can easily talk with each other all in a decentralised manner.

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Article: BlockDown: DeFi institutional adoption is booming but gas fees hinder growth

Blockchain, Decentralized Internet

BlockDown: DeFi institutional adoption is booming but gas fees hinder growth

Panelists at a DeFi-focused talk held at the BlockDown conference on Thursday expressed their optimism at the past and future growth of decentralized finance, but highlighted the hurdles to adoption due to congestion on Ethereum.

“Decentralization is continuing, but what we’ve started to see is more and more delivery of DeFi through custodial interfaces, through fintech. And a lot of what we do is just education, advocacy, informing people about all the excitement. […] We are very surprised, often, by the extent to which regulated institutions are already participating in DeFi.”

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Article: Can You Passively Make Money Using Cryptocurrency?

Crypto, Money

Can You Passively Make Money Using Cryptocurrency?

We all have heard these stories about the men and women driven by a hunch or some well-calculated mathematical probability to invest in crypto who ended up raking in thousands or millions. But this early in the game, your chances of success were less certain than now; fewer people understood what was going on, too few to explain to you, as compared to now. But by now, crypto is getting more popular and your chances of success can, to some extent, be foreseen from the get-go.

Earning passive income with crypto isn’t rocket science, although it does involve some strategy. Here are 5 ways you can earn passive income through cryptocurrency.

  1. Lending Crypto
  2. Mining
  3. Staking Tokens
  4. Investments
  5. Dividends

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Article: Parachains and the Internet of Blockchains

Blockchain, Decentralized Internet, Web 3.0

Parachains and the Internet of Blockchains

Unsurprisingly, the value of both Bitcoin and Ethereum coins has skyrocketed. The prospect of an Internet of Blockchains comes at a time when increasing numbers of users distrust the centralized Internet. Big Tech oligarchs use aggregated data of individuals as levers to create barriers to entry for emerging competitors. Hackers threaten the security of the critical infrastructure by stealing data with impunity.

The decentralized Internet of Blockchains distributes the power of information to individuals and communities, removing the honeypots of large data stores that attract hackers. Gavin Wood, a pioneer of Web 3.0 and the founder of Polkadot, sums it up with a clarion call, for Web 3.0 to be an executable Magna Carta–”the foundation of the freedom of the individual against the arbitrary authority of the despot.”

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Article: Raze Network, First Polkadot Cross-Chain Privacy Protocol

Blockchain, Crypto, Web 3.0

Raze Network, First Polkadot Cross-Chain Privacy Protocol

  • Raze Network is the first cross-chain privacy protocol on Polkadot.
  • Raze aims to enhance private anonymous DeFi transactions.
  • Raze is gearing to launch its native token $RAZE via IDO.

Raze Network is the first Polkadot-based cross-chain privacy protocol. Notably, the blockchain uses zkSNARKs to provide end-to-end anonymity for the entire DeFi and Web 3.0 stack.

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Article: Innovative trends impact evolution of blockchain tech

Blockchain, Crypto, Innovation

Innovative trends impact evolution of blockchain tech

Over the past yr, the decentralized finance house has been making waves within the monetary sector, constructing on blockchain expertise to decentralize a mess of banking companies. The adoption of DeFi companies has been steadily on the rise, and all types of property are making their method onto the blockchain.

With nonfungible tokens popularizing digital artwork possession representations, blockchain expertise is creeping into probably the most surprising locations, and DeFi is fuelling its enlargement. These distinctive and typically fairly invaluable tokens are particularly related as we speak, with artwork galleries closed as a consequence of restrictions pertaining to the worldwide pandemic and cultural experiences now happening on-line greater than ever earlier than.

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Article: Sentinel’s Decentralized VPN Protocol Launches on Cosmos Mainnet

Decentralized Internet, Software

Sentinel’s Decentralized VPN Protocol Launches on Cosmos Mainnet

Some governments block certain websites, such as Google or Wikipedia, based on geo-fencing, which means they can block it for people within different geographic regions. VPNs help evade that restriction by letting people connect to servers in areas outside the geo-fenced one.

A decentralized VPN takes these privacy measures a few steps further in that it can’t be compromised by a central actor or shut down by closing the company or server running it. In this way, it’s more resilient than a centralized VPN. Additionally, because all the code is open source, a trusted third party isn’t needed; rather, users can just check themselves.

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