Incentivized Model a Healthy Way to Encourage Blockchain Growth?
A core issue of Bitcoin’s scalability debate centers around blockchain network strength and continued decentralization as the digital currency’s user base continues to grow. Disclaimer: This article was provided by the Vanbex Group. Bitcoinist is not affiliated with the firms represented by the Vanbex Group and is not responsible for their products and/or services. Critics wonder if the network will ever be able to handle the workload that would be created by mainstream usage. One faction of the Bitcoin community, led by Bitcoin developer Gavin Andresen, wants to fork the protocol with a....
Related News
A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I introduced a bill, the first of its kind in Canada, to make sure this becomes a reality,” said the parliament member who introduced the bill.
Bill to Grow Crypto Sector Launched in Canada
Canadian parliament member Michelle Rempel Garner introduced “Bill C-249” on Wednesday, which “may be cited as the Encouraging the Growth of the Cryptoasset Sector....
A healthy dose of skepticism is well, healthy. As for The Economist, their opinion is pretty much in lockstep with much of the world’s biggest industries that have been predicted to be ripe for adoption of blockchain technology. With specific mention of the financial and banking industry, the editorial goes into why blockchain technology may be a slowly adopted innovation. In the editorial, the author points to the hyper-competitive nature of financial firms and banks as being a hindrance to the proliferation of blockchain technology. Due to the lack of cooperation between the world’s....
A lack of cooperation between regulators and Blockchain players threatens innovation in parts of Africa. The associate professor at the University of Nairobi’s School of Business says that the continent’s regulatory environment has to be changed in order to encourage growth. Bitange Ndemo noted in a piece for “Business Daily Africa” that Africa requires “radical regulatory interventions to increase both access and affordability of digital inclusion.” He states: “Blockchain technologies will change our future. We must be ready to collaborate and encourage multidisciplinary mechanisms to....
The gaming industry is rapidly growing, and the emerging play-to-earn model coupled with blockchain and the Metaverse is the future. The gaming industry, which has always been synonymous with fun, has grown massively in recent times, and a lot of money is now being mentioned when gaming comes up. Since the introduction of Web 3.0, there has been immense growth in the industry. At the end of 2019, the global gaming market was reportedly worth $152 billion. This growth has meant that, since the introduction of Web 3.0, there has been a consistent rate at which Web 3.0 games are growing and....
Institutional capital markets based on Maple Finance Blockchain Technologies have extended support to the Solana blockchain. It has utilised a $45 million fund that shall be used to encourage growth within the Solana (SOL) ecosystem. The advancement fund launched by Maple Finance is in partnership with the DeFi X-Margin lending platform, with the capital provided […]