Washington Sanchez, co-founder of the well-known decentralized marketplace OpenBazaar, recently expressed his frustration over the high fees associated with Bitcoin (BTC) transactions. On May 4, Sanchez tweeted, “I personally wasted so much time in the Bitcoin scaling civil war that I could have used designing/building dapps and opening up OpenBazaar to multiple currencies. Instead, we had to wait for fees to cripple any consumer usage before we woke up.” Since …
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The state of social media is broken. The majority of today’s users depend on centralized platforms like Facebook to consume and share content, and as a result, data privacy concerns are reaching the mainstream. Yet Mark Zuckerberg’s recent congressional hearing reflects not just the fact that there was a data breach, but the implications that come with the content which users share and consume on Facebook. For example, during the …
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The rise of the Ethereum blockchain has resulted in the creation of thousands of DApps – decentralized applications – that connect users and developers directly, without the need for a middleman to host and manage the code and user data. And as more DApps are created each day, a growing number of big data is being generated. A key benefit of DApps is that the data generated is more secure than …
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