On-chain privacy is key to the wider mass adoption of crypto
Blockchain transactions need privacy to catalyze mass adoption. On-chain privacy is coming, and that’s good for businesses and investors. Innovations in the crypto space appear daily. Whether through decentralized applications or new ways to implement and use nonfungible tokens (NFTs) within decentralized finance, blockchain technology is innovating at the speed of light. The only thing missing? Widespread adoption. One thing holding this back is the very public nature of the blockchain. DeFi, as it operates now, lacks meaningful privacy. In order to catalyze broad adoption for businesses,....
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Wasabi Wallet, an open-source Bitcoin wallet that emphasizes privacy through CoinJoin mixing, has announced the next iteration of its flagship product. The post Wasabi Wallet 2.0 Announced, Focusing On Privacy Ahead Of Mass Adoption appeared first on Bitcoin Magazine.
Even though many people see cryptocurrencies as speculative vehicles, the concept was created for an entirely different purpose. Unlike TradFi, crypto wants to achieve mass adoption and establish financial inclusion. Moreover, it still has the potential to become a more stable and sustainable form of finance, although there are some bumps along the road. The […]
What does mass adoption mean for the blockchain industry? Has it started yet? If not, what could get it going? Yat Siu of Animoca BrandsYat is the executive chairman and co-founder of Animoca Brands, which delivers digital property rights to the world’s gamers and internet users, thereby creating a new asset class, play-to-earn economies and a more equitable digital framework contributing to the building of the open Metaverse.“Although we are still at a relatively early stage of the blockchain adoption curve, we are well on the way to reaching the early majority category sometime in 2022.....
Blockchain surveillance highlights the tension between further crypto transparency that encourages wider adoption and its cypherpunk roots.
Trust Wallet CEO says the current bear market could provide an opportunity for the Web3 industry to address consumer concerns before the next bull market. Widespread adoption of Web3 mayeventually become a reality but Trust Wallet CEO Eowyn Chen foresees three main barriers standing in the way of mass adoption.During the Australian Crypto Convention on Sept. 18, Chen outlined how security, ease of use, identity, and privacy were all vital aspects to address for growth in the Web3 industry. Chen is the CEO of Trust Wallet, a major multi-chain, non-custodial crypto wallet acquired by Binance....