Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature. However, it has also encountered a few …
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Category: Decentralization
OpenSea’s ban on countries lists sparks decentralization debate
OpenSea, a U.S.-based NFT platform OpenSea has apparently begun to ban Iranian users from its platform. This is according to NFT collectors. It also raises new questions about the decentralization of cryptospace. OpenSea Iranians started …
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Crypto on the Olympics: NFT skis, Bitcoin bobsledders and CBDC controversy
The 2022 Winter Olympics, formally known as the XXIV Olympic Winter Video games, kicked off on Feb. 4 in Beijing with crypto being a significant a part of the occasion, partly due to the Chinese …
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China’s Metaverse Plans: No need for decentralization
Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan. The Sino Metaverse appears likely …
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BIS general manager: Central banks generate trust, not big techs or “anonymous ledgers”
In a speech entitled “Digital currencies and the soul of money,” Agustín Carstens, the general manager of the Bank of International Settlements,’ criticized private stablecoins and decentralized finance (DeFi), touting central bank-led financial innovation as …
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