Car Ownership Numbers Dwindle Due to Decentralized Alternatives
Car ownership is no longer as valuable of a commodity as it used to be a decade ago. In this day and ago, car-sharing and ride-hailing services are providing a viable alternative to owning a car, without the surplus of hassle in terms of maintenance, gas prices, and whatnot. Furthermore, the recent Volkswagen scandal is hurting the prospect of car ownership even more, as consumers are losing faith in car manufacturers. The sharing economy model, which may very well include Bitcoin and blockchain technology, is looking more and more appealing. Our society is an ever-evolving creature, and....
Related News
“Ethereum demand is tied more closely to transactions. Therefore, similar scaling constraints hurt Ethereum demand more than they suppress Bitcoin demand,” Morgan Stanley’s report reads. Morgan Stanley’s wealth management global investment office has published a report on Ethereum (ETH) arguing that the blockchain’s dominance could dwindle if strong market competition emerges. The investment banking giant’s report is titled “Cryptocurrency 201: What Is Ethereum?” and it provides a detailed rundown of the ecosystem along with its advantages and disadvantages in relation to Bitcoin (BTC).....
Of all the formalized monetary systems that have ever been used by mankind, Bitcoin is unique in the fact that it exists entirely as pure information. The blockchain, the database storing Bitcoin transactions so the system can figure out who owns what, it stored simultaneously on tens of thousands of computers and servers around the world. The system's equivalent of "accounts", Bitcoin addresses, are also really nothing more than 160-bit numbers, and the private keys that allow withdrawal access are 256-bit numbers themselves. The result of this is that we can literally store our money in....
One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives. This guide will discuss three of the best alternatives to Cardano, which can potentially provide high returns […]
Everyone is now familiar with the term “NFTs,” which provide users with decentralized asset ownership and legitimate property through blockchain technology. Similarly, NFT domains are currently trending with a similar approach of giving users ownership rights, but the difference is that these NFT domains can be stored as an asset, used to host a decentralized website, or even change heavy digital wallet addresses to make them human-readable. Quik.com is paving the way for users to mint their very first NFT domains.
Visit Quik.com Now.
Users....
Over the past 12 months, the number of decentralized autonomous organizations (DAO) increased more than eight times. The growth is proportional to the rate of community participation. However, it doesn’t imply that decentralized governance is following suit. Emre Caliskan Reveal Crypto Market Growth Emre Caliskan, an Engineer from Electric Capital on Twitter, discussed the level […]