Three Trends Killing Web Privacy and Decentralization
The decentralized design of the web gives it the potential to be more privacy-preserving than any other system. Yet, there are long range threats at play.
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The crypto ecosystem is probably the most dynamic field of information technology. New solutions pop up almost every day and it’s pretty hard to find a startup that will blow your mind in some special way. Even at the beginning of its path, the crypto space didn’t seem like something boring and conservative. But it’s nothing compared to what we can observe in the market now. At a first glance, the current ecosystem looks a bit chaotic and complicated. Looking at the variety of DeFi solutions it’s quite hard to estimate the benefits they commit to bringing. But if you remember the core....
Dfinity has sought to quell criticism over the decentralization and privacy of its Internet Computer protocol. Dfinity, the team behind the Internet Computer protocol, or ICP, has fired back at critics of its decentralization and privacy features in an “Ask Me Anything” on Reddit yesterday.The team sought to assure that the project’s foundation does not have control over the majority of voting power, emphasizing that decentralization is a priority for the network as it moves forward.The project aims to replace the public internet with a distributed network of data centers, nodes, subnets....
Monero is the most popular privacy token in the space, and investors have flocked to it due to the anonymity it provides. Its community is widespread with a lot of miners, but one mining pool has dominated the hashrate of the privacy coin in the past. Minexmr, which is the largest mining pool, has, however, […]
PRESS RELEASE. Digital currency made splashes in the 2010s with a promise of decentralization and ultimate user privacy. However, most well-known crypto exchange giants, like Binance or Coinbase, are CEXs by essence. It means they are centralized exchange platforms, offering custodial wallets to users and collecting user data. No privacy, no user control, and no genuine decentralization – that’s what the CEX use is.
Luckily, by the end of the 2010s, crypto enthusiasts moved further with the idea of introducing the automated market-making (AMM) functionality that....
Decentralization is at the heart of the Bitcoin revolution. One of the odd things about the actual Bitcoin world, though, is that many of the companies that have a lot of the power and clout - CEX.io, Ripple, and so forth - are incredibly centralized. Also read: Bitcoin Business Ideas to Get You Started. In order to do most anything in Bitcoin, one is often required to give up a bit of privacy by setting up a user account and a certain amount of control by handing over all the responsibility for the network activities to the authority in question. Looking Forward. The author of Land of....