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Bitcoin’s Lightning Network Found More Centralized Than Expected by Researchers
21.2.2020
The Lightning Network was found more reliant on hubs than expected
Bitcoin’s Lightning Network Is Growing ‘Increasingly Centralized,’ Researchers Find
20.2.2020
Bitcoin's lightning network is growing "increasingly centralized," making it more susceptible to attacks, asserts a new paper by security researchers
Lightning Network Increasingly Fragile to Attacks – Hope Turns to Drivechain for Bitcoin Scaling
19.2.2020
A report published February 7 and authored in part by Blockstream researcher Christian Decker found that the BTC Lightning Network is “evolving towards an increasingly centralised architecture.” Proponents of LN say this is not a problem, and even critics of the network point to...
Defi Market Surpasses $1 Billion – But There’s a Catch
7.2.2020
The total value locked (TVL) in decentralized finance applications has surpassed $1 billion, prompting celebrations from the Ethereum community. Not everyone has been swift to toast the milestone, however, with suggestions that the true value locked into defi protocols is materially lower....
Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges
26.1.2020
On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that...
Why User Experience Is Crypto’s True ‘Killer App’
21.1.2020
There’s been a lot of buzz in the space recently about the importance of user experience. Kim Dotcom’s proclamation that “Mass utility is going to lead to mass adoption,” speaks to this. Peter Schiff’s bitcoin wallet fiasco, CZ’s claim that centralized exchanges...
Why Centralized Exchanges Are Decentralizing
19.1.2020
Autonomy, taken from the people many centuries ago, is now coming back into their hands as decentralization empowers the individual
New List Claims 1.9 Million Bitcoin Held by Centralized Exchanges
3.12.2019
Cryptocurrency enthusiasts have been discussing a newly developed exchange ranking developed by the crypto portfolio and trading bot startup Bituniverse. According to a leaked screenshot of Bituniverse’s “Exchange Transparent Balance Rank,” there’s roughly 1.9 million...
EOS Block Producer Claims Centralized Misconduct on the Network
28.11.2019
EOS domain registry data allegedly shows that six registered producers on the network are managed by a single entity
Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank
20.11.2019
As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies. Lebanon, Zimbabwe, and India are just a few of the countries to deal with...
Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges
7.11.2019
Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate...
The Big Lie Perpetuated by Central Banks
27.10.2019
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin...
As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?
25.10.2019
The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door. The most recent casualty of America’s stringent regulatory climate is one time market-leader Poloniex, which...
Coinbase UK CEO: We Need Centralized Entities to Support Crypto
24.10.2019
Coinbase UK’s CEO says centralized entities like central banks and Facebook remain necessary for the support and adoption of crypto
How Centralized Payment Systems Learned to Accept Decentralized Cryptocurrency
23.10.2019
They might not be shouting it from the rooftops, but fiat payment gateways are no longer the enemy of bitcoin. Hostilities have ceased, the bad blood has been let, and today the fiat and crypto worlds are bridged and doing business. Despite the two systems sporting opposing aims and architecture...
Earn More Interest on Your Crypto With These Comparison Tools
20.10.2019
2019 has been the year in which crypto lending has really taken off. Centralized and decentralized finance have been major growth areas, aided by crypto exchange integration and a backdrop of negative interest rates in the banking sector. Why be penalized for saving fiat when you can be rewarded...
Europol Predicts Rise of ‘Criminal’ Crypto Exchanges in Digital Underground
15.10.2019
Is the current industry landscape, where centralized exchanges dominate cryptocurrency trading volumes, about to change in the coming years? Europol predicts that international regulatory demands for identity verification on established venues will push privacy concerned traders into so-called...
John McAfee Criticizes Centralized Exchanges for ‘Controlling Entire Market’
16.9.2019
Centralized crypto exchanges have always been criticized for having an unquestioned dominance over the crypto markets, which wasn’t far from the truth. Exchanges like Binance, Huobi, Coinbase, etc., command the major share of entire crypto trade, and that can be a bit scary considering...
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
30.7.2019
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...
Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows
17.7.2019
The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have...