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Good for Recruitment: Offering cryptocurrency as a means of payment can serve as a great way to attract employees. Cryptocurrency can make the job seem more interesting especially for candidates that are young and into these new financial trends. It also sends out a message about your company, that it’s open-minded and looking to try new trends. Offering a crypto paycheck can be a unique approach that will attract a certain audience. No Exchange[…]
Smart contracts are a form of automated agreement between the contract creator and the recipient. The agreement is written in code format and stored in the blockchain system. When locked into the blockchain system, it cannot tamper with; therefore, the recipient can rest assured that the smart contract remains irreversible. Smart contracts, popularized by Ethereum, the world’s second most popular blockchain, have led to many decentralized apps (DApps) and other use cases on the[…]
Let’s learn a little bit about the three Litecoin features. If you didn’t know already, Litecoin is an open-source platform with binaries and source codes that can be independently verified. Litecoin Features – Blockchain The first of the Litecoin features is the blockchain, which is programmed to handle many transactions easily. The network works on high volume and does not require a software update because it operates under frequent block generation, lightning, and segregated[…]
The Ethereum Name Service, also known as ENS, is a protocol that sells NFTs of domains representing the wallet address. This became common in November when they began to airdrop tokens to users. Those that accepted the airdropped tokens gained governance powers over the ENS and could vote on future protocol decisions. The airdropping became common by other Ethereum projects as well. The ENS airdrops to its users and other projects use this tactic[…]
You’ve probably heard about the term volatility if you’re a crypto investor. Cryptocurrency is highly volatile; on the same note, it can create significant short-term gains. Volatility is measured in various ways. First, let’s go into the first measurement method, Historical Volatility. This refers to observing past changes in the market and, therefore, the asset’s price within a period. Second, we have Implied volatility, predicting the movements within a market. The term implied is[…]
After Saturday’s Bitcoin plunge of 21%, investors are promoting “Fear and Greed.” Posting on Twitter and other social media platforms, they claim that this plunge is an opportunity for people to get on the Bitcoin bandwagon. What is a Fear and Greed Index? Fear and Greed is a way to measure volatility, momentum, and demand in the traditional market. However, the crypto version of this idea goes as follows. It can establish if traders[…]
Let’s go into the list of the world’s 10 richest people and how this year made a difference for their gains. Elon Musk – $277 billion (+$121 billion) The co-founder of Tesla, Elon Musk is the world’s richest man. He has experienced massive growth in his wealth due to the popularity of his electric automaker. His shares have gone up about 60% this year and as for Tesla itself in October 2021 it[…]
The two most popular cryptocurrencies are sliding. They have experienced a rough beginning of 2022. Bitcoin and Ethereum may be now considered risky assets for people to invest in. Bitcoin has gone down 6% on Monday, making its market cap stand below $40,000 per coin. This is the first time since September the market cap has gone to $40,000. On the same note, Ethereum dropped 7% in value, going below $30,000. The CEO of[…]
Blockbuster plans to develop a digital token and NFT marketplace on a metaverse system. This move they plan to take can be a significant loss for companies like Netflix. Late last year, a report mentioned that Blockbuster DAO is looking to raise $5m to acquire their company back from Dish Network. According to the report, their goal is to take the film industry to another level and offer “the first-ever Defi film streaming platform[…]
The term Ehtereum 2.0 retired. The Ethereum Foundation announced that in favor of a “consensus layer’ Ethereum 2.0 is no longer a term. Essentially, Ethereum 2.0 is a network upgrade and not a whole different network. Once this notion is finalized, changes will be made. Changes made – Ethereum: The first will be that Ethereum will be going from proof of work to a proof of stake chain. And the whole idea of mining[…]