After Coinbase’s stock market listing on April 14th, there has been a lot of speculation about where Coinbase’s valuation deserves to be. If Coinbase continues at its current pace of innovation and keeps its dominance of the United States cryptocurrency market, there is a chance that they could have a similar hold to what Amazon has in shopping. However, they have competitors who may be more suited for that title, such as Binance.
There was lots of hype and speculation leading up to the April 14 direct listing of Coinbase onto the United States-based Nasdaq stock exchange. On its first…
Ethereum has a scaling problem: Transactions on the network are slow and can have incredibly high costs, sometimes upwards of $100 to use a decentralized exchange. Fortunately, Optimism and Polygon plan to help scale Ethereum, but each solution has its own method, pros, and cons.
Ethereum’s goal is to be the world computer that the next generation of the internet uses as its backbone. Unfortunately, this cannot currently be a reality due to the slow amount of transactions per second, or TPS, that Ethereum can handle. On average, the blockchain can handle 20 TPS, which is significantly less than the…
This piece is in response to “NFTs are built on a ‘House of Cards,’ software engineer warns” from BTC Peers. The article can be found here
Software engineer Jonty Wareing has made a startling discovery about the non-fungible tokens that have been making headlines recently: these NFTs are more centralized than we once thought. The solution to this problem is to reissue NFTs as fast as possible, before they become forgotten and worthless.
Since the beginning of 2021, NFTs have been blowing up, both in terms of mainstream media coverage and price action. They have achieved over half a billion…
Non-Fungible Tokens, or NFTs, have been experiencing a boom in 2021, which has led to over half a billion dollars in trading volume over the past 30 days, according to DappRadar. Though a lot of this trading is done for the purpose of speculation and with a profit motive instead of due to true belief in the space and its collectible items, it signifies the legitimization of this asset class and foreshadows a bright future for blockchain technology.
Non-Fungible Tokens, or NFTs, are unique assets that are minted and stored on the blockchain. They can be thought of as trading…
MetisDAO is a decentralized layer 2 protocol that allows anyone to create their own decentralized company, or DAC. Bitpush sat down with Kevin Liu, Co-Founder and Product Lead, to find out how they are creating a simple, fast, and cheap protocol to help all internet apps migrate from Web2 to Web3, and bring about the internet of the future.
Decentralized Autonomous Organizations, or DAOs, are transparent organizations based on code and programming and are governed democratically by members of the organization, unlike traditional companies which are governed by a board of executives. An example of a DAO would be Compound.finance…
Non-Fungible Tokens, or NFTs, have been experiencing a boom in 2021, which has led to over half a billion dollars in trading volume over the past 30 days, according to DappRadar. Though a lot of this trading is done for the purpose of speculation and with a profit motive instead of due to true belief in the space and its collectible items, it signifies the legitimization of this asset class and foreshadows a bright future for blockchain technology.
Non-Fungible Tokens, or NFTs, are unique assets that are minted and stored on the blockchain. They can be thought of as trading…
Currently, Ethereum is facing the greatest competition in its 6-year history from other smart contract and NFT platforms, such as Cardano, Binance Chain, and Flow by Dapper Labs. It plans to implement EIP 1559 in July 2021, which will help stabilize transaction fee prices, and also potentially make Ethereum a fixed-supply coin, instead of one with infinite inflation.
Right now, Ethereum fees are not only incredibly high but also very volatile. One day, you may expect to pay $50 for Uniswap fees, then $100 the next day, or even the next hour. This has made Ethereum effectively unusable as a…
In an extensive interview with Bitpush, Multicoin Capital spokesperson John Robert Reed revealed that their talks with Binance in regard to investment started late last year. Reed also responded that this investment signifies Binance’s trust in Multicoin Capital as fund managers.
“Binance is one of the most accomplished organizations in crypto. They are one of the fastest-growing teams in the space, and they continually push the pace of innovation. We’re excited to work with them in a new capacity.”
Reed also indicated that this is not the first time that Binance and Multicoin work together. “We have a great relationship.”
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This piece is in rebuttal to “How to Kill Bitcoin” by Joe Kelly, initially published July 8, 2020. The original piece can be read.
One of the biggest problems Bitcoin faces on its path to mainstream worldwide adoption, and what’s argued by Joe Kelly, is the fact it could be theoretically banned and dominated by powerful world governments. However, this argument is flawed for multiple reasons, and as a resilient cryptocurrency, Bitcoin truly is “unstoppable code.”
Let’s start with a summary of Kelly’s argument. He concedes that Bitcoin is unstoppable code, and that you cannot stop Bitcoin by attempting to…
What is Binance Coin and Why is it Up 800% Since January?
As Cryptocurrencies and DeFi continues to boom, the main DeFi platform, Ethereum, has seen tremendous increases in fees, making the network almost unusable. In response, users have begun moving to rival platforms, such as the Binance Smart Chain, which offers high fees and low transactions, and is challenging Ethereum’s position as the DeFi king.
Binance Coin, BNB, was created in 2017 by the centralized exchange Binance. Initially, they held an ICO for the ERC20 token. …
