technology
To Become a Successful Blogger, You Must Know This Tips
Facebook WhatsApp Reddit Twitter Shares Today anything about internet can earn you a good living, include blogging. Before many people who venture into blogging did it for fun. But Today we have seen and hear stories of successful bloggers who use blogging to Aquired multi-million houses. In Nigeria right now, Linda Ikeji can’t be left out when the name of successful bloggers are being mentioned. As such we are going to gives you some first basic tips to make you a successful bloggers. .u342ff6e748930188447c11b35bbd86e6 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-...
Dogecoin set to adopt a unique Proof of Stake model with Vitalik Buterin’s help
The Proof-of-Work (PoW) blockchain consensus mechanism has come under heavy criticism in recent days owing to its energy-intensive nature Though many are in favour of Dogecoin switching to Proof-of-Stake (PoS) mechanism, the Ethereum community feels that Buterin is becoming too involved with Dogecoin The recent European Securities and Markets Authority’s (ESMA) proposal to outlaw Proof of Work-based mining in Europe is only but one of the many calls to bin the mechanism. For a while now, several individuals and institutions in the crypto sector have censured cryptocurrencies using PoW because of the mechanism’s high energy consumption. Dogecoin is ditching PoW Dogecoin, one of the networks currently using PoW, is the latest name to reveal plans to transition to PoS. The Dogecoi...
Blockchain startups grow as global VC funding generated $25.2B in 2021
Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020. The report also found that the United States led the greatest amount of funding deals in Q4 of last year, generating $6.26 billion for 157 deals. The document notes that global growth was driven by increasing consumer and institutional demand for crypto-related products and services. VC funding focused on crypto adoption Chris Bendtsen, a senior analyst at CB Insights, told Cointelegraph that CB Insights’ report con...
Call to Pitch: Develop an interoperable lab network solution for Kumasi, Ghana
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Meta calls it a wrap on Diem project, pockets $182M from its sale
Rumours about the Menlo Park-based tech company looking for a buyer of the project started circulating last week The project, formerly Libra, faced many regulatory stumbling blocks throughout its life, prompting a rebrand to Diem at some point Last week’s unconfirmed reports of Meta looking to sell assets and intellectual property under the Diem project have been verified. Yesterday, the Diem Group revealed it was abandoning the stable coin venture after agreeing to a $182 million sales deal of its technology. The Facebook-backed digital currency project was bought by Silvergate Capital, a California-based innovative financial infrastructure solutions and services provider with a keen interest in the digital currency industry. The company wrapped the deal by paying $50 million and is...
DFINITY-based Internet Computer unveils Bitcoin and Ethereum integration plans
Internet Computer will integrate Bitcoin via the ‘Chromium Satoshi Release’ before the end of Q1 this year The Ethereum integration would not come until Q3 when the ‘Vanadium Vitalik Release’ is run DFINITY Foundation, a non-profit organisation that supports the public blockchain Internet Computer, has released its roadmap for 2022. The release detailed that Internet Computer plans to develop Bitcoin and Ethereum blockchains integrations. This would effectively cut out the current need for a bridge, eliminating a potential loophole for ill-intentioned actors. “The ICP [and] BTC integration will prompt a new wave of DeFi applications built to leverage the world’s largest cryptocurrency,” a tweet from the DFINITY Foundation read. Unlocking the power ...
Bitcoin miners believe global hash rate to grow ‘aggressively’
Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months. While some panicked, other industry experts pointed out that the Bitcoin network has become verifiably stronger than ever before. The growth of the Bitcoin network has become apparent, as hash rate figures for BTC continue to set new highs this month. For example, on Jan. 22, the BTC network recorded an all-time high of 26.643 trillion with an average hash rate of 190.71 exahash per second (EH/s). The hash rate will continue to grow, which is a good thing Samir Tabar, chief strategy officer at Bit Digital — a publicly listed Bitcoin...
Decentralized technology will end the Web3 privacy conundrum
Although the modern internet connects us like never before, one thing that younger generations have never truly experienced is the feeling of genuine privacy. Even older generations have forgotten what life was like before our every thought and action were tracked. Web3 envisions an open, trustless, permissionless internet where users can interact with each other peer-to-peer without giving up ownership control, privacy or relying on intermediaries. Underlying that vision, blockchains are one of the most important tools. They eliminate the need for trusted third parties and help to create a direct relationship between users and service providers, recording the rules of engagement on immutable ledgers and even storing direct interactions between them. Blockchains also fundamentally reconfig...
LeBron James Foundation partners with Crypto.com to promote Web3 awareness
The students taking part in the foundation’s I PROMISE program will have access to resources to help them learn about Web3 and other technologies The partnership is not only focused on Akron kids but also their families as part of the values the Foundation holds dear Crypto.com has teamed up with 4x NBA Finals MVP LeBron James in a philanthropic pursuit in the latter’s home area, as per a Friday report on Akron Beacon Journal. Through the partnership, blockchain and Web3 modules will be integrated into training offered to kids under the LeBron James Family Foundation’s I PROMISE program “Building on a strong basis of educational empowerment, the partnership will give students and families connected to the I PROMISE program access to the tools and educational ...
Diem project to sell assets amid looming end, reports suggest
Diem, previously Libra, was proposed by Facebook before its rebrand to Meta The stablecoin project has not seen many good days since its launch It now seems the Diem Association has finally given up on it The Diem stablecoin project pioneered by Meta in October 2019 was mooted as a stablecoin to eventually be used across Meta’s applications. These expectations have seemingly gone to the pack. Bloomberg reports that the project executives have been speaking to investment bankers to initiate a sale of its assets and return the money to the initial investors. However, the talks are still in an early stage, and finding a buyer is not guaranteed. The group is also seeking new employment opportunities for its engineers following the imminent close of business. Worth noting, the project is ...
YouTube CEO hints the video platform might be getting in on NFTs
YouTube is exploring the possibility of adding an NFT feature on its platform as a revenue stream for video creators YouTube NFTs could soon be coming your way, according to YouTube head Susan Wojcicki. An open letter from the chief executive suggests that the platform could be looking to integrate NFTs soon as part of its expansion plans. Based on the annual letter, the idea is still in its infancy and no concrete plans have been laid. “We’re always focused on expanding the YouTube ecosystem to help creators capitalise on emerging technologies, including things like NFTs, while continuing to strengthen and enhance the experiences creators and fans have on YouTube,” Wojcicki wrote in regards to YouTube’s 2022 plans. NFTs will help connect creators and fans The NFTs ...
How should DeFi be regulated? A European approach to decentralization
Decentralized finance, known as DeFi, is a new use of blockchain technology that is growing rapidly, with over $237 billion in value locked up in DeFi projects as of January 2022. Regulators are aware of this phenomenon and are beginning to act to regulate it. In this article, we briefly review the fundamentals and risks of DeFi before presenting the regulatory context. The fundamentals of DeFi DeFi is a set of alternative financial systems based on the blockchain that allows for more advanced financial operations than the simple transfer of value, such as currency exchange, lending or borrowing, in a decentralized manner, i.e., directly between peers, without going through a financial intermediary (a centralized exchange, for example). Schematically, a protocol called a DApp (for decentra...
