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Decentralization is a critical component of the web3 industry. Blockchain technology and cryptocurrencies rely heavily on this element, which has proven to be enticing to many supporters. Decentralization is a little different in the blockchain world, with profound implications for security and governance. Whether you’re already immersed in blockchains or ne …
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Traditional Banking System Downfall – First Republic Bank2023 was hit with a lot of tough news on the traditional banking front. First, we had Silvergate Capital in Santa Clara, California meet its demise in March. Then in the same month, Silicon Valley Bank also announced plans to liquidate after the market disaster in crypto, and now we’re seeing another downfall – First Repu …
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Top 10 Most Eco-Friendly Crypto Options in 2023 Energy consumption during the crypto mining process has come under scrutiny in recent years for not being energy efficient. As electricity consumption rose, so did the concern for a more sustainable method – enter eco-friendly crypto. These options aim to mitigate carbon emissions to lower the carbon footprint of blockch …
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Ethereum supporters may have heard of EVM, or Ethereum Virtual Machine, but blockchain advocates on other blockchains may not have. The EVM is one of the foundations of the Ethereum network and how it operates. It is essential for carrying out transactions and can literally be referred to as a virtual machine as the name suggests.Not quite clear on what it means yet? Don’t worr …
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