The great tech exodus: The Ethereum blockchain is the new San Francisco
The blockchain shift from Ethereum to alternate chains closely resembles the exodus of tech talent from San Francisco to emerging hubs. Remember the “Silicon Valley Tech Bubble”? In the early- to mid-2000s, the San Francisco Bay Area gave birth to some of the most storied and successful technology companies the world has ever seen. Facebook, Google, Salesforce, Twitter, Tesla, Lyft — the list itself could take up half of this article. From the palpable energy to the networking potential, one thing was certain: San Francisco was the place to be.For many, present-day San Francisco has lost....
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Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges. Onchain data shows exchanges are being drained like a sieve and during the last 30 days, 87,954 bitcoin was withdrawn from the top crypto trading platforms. Back in December 2019, it was reported that the San Francisco-based exchange Coinbase held close to 1 million BTC for its users. In fact, in January 2020, Coinbase had around 969,000 BTC and the next month, it was up to its highest point of 973,000 BTC on February 10, 2020. But all year long, not only from Coinbase, but also a slew of....
Exodus, the multi-asset wallet with a strong design and usability emphasis, now includes ShapeShift built-in. This allows users to trade between blockchain assets without leaving the wallet app. In-App Trading. ShapeShift.io announced the move on October 5, saying it had worked with Exodus since late 2015 to integrate its API. Exodus users can maintain....
There has been a lot written in the press recently that investment in Blockchain has declined and Blockchain is losing its lustre. But is this a blip, a decline, a correction, or is it a natural part of a technology maturing or are there more sinister reasons? Great run. Until recently, Blockchain had enjoyed a great run in 2015 and 2016. Bitcoin and Ethereum have been well up year after year, which has coincided with Zcash setting new records and the big tech boys Microsoft, IBM and Amazon opening up for Blockchain business. I have been hanging out with a wide range of entrepreneurs that....
Blockchain isn’t just for geeks. But because it’s such a new technology, many people aren’t warming up to it and gaining the many benefits that cryptocurrencies can offer them. Exodus, a multi-digital-asset wallet with the ShapeShift exchange built in, is attempting to change this picture. As its name implies, Exodus allows people to leave the geeky imagery often associated with blockchain technology and experience it as the uplifting journey that it can and should be. Exodus distinguishes itself on the blockchain landscape with its aesthetically pleasing user interface that will be....
Ethereum might be the darling of the blockchain world, but it’s likely that the awaited Eth2 will not attract wider mainstream adoption. Ethereum 2.0 (Eth2) is being pegged as the blockchain Messiah of Ethereum. Newsflash: it's not. The long-awaited changes are not expected to solve core issues that are plaguing the network and forestalling wider adoption.Vitalik Buterin, the brilliant mastermind behind the Ethereum blockchain, considers the personnel working with Ethereum as a bigger problem than the actual software, as he stated in a recent interview with Forkast news. While the....