Metcalf’s Law is a principle in network theory that states the value of a network is proportional to the square of the number of its users. In the context of cryptocurrencies, this law suggests that as the number of users or participants in a cryptocurrency network increases, the value or price of that cryptocurrency may … Read more
Public blockchains operate without the need for a central authority and allow individuals to self organize and manage themselves in a more transparent, accountable, and efficient way. Transactions are executed by individuals and these are not just recorded, but also verifiable by other individuals without the need for a centralised authority, creating a transparent, tamper-proof … Read more
Global bank messaging system SWIFT has partnered with decentralized oracle network provider Chainlink to conduct experiments exploring the integration of major financial institutions with blockchains. The tests will leverage Chainlink’s technology to enable value transfer between private blockchains, between private blockchains and public blockchains like Ethereum, and between two public blockchains. By building on existing … Read more
As the World Economic Forum continues to pursue its DEI and ESG agenda on the worlds population it is important to understand the techniques used as defined by Orwell and how crypto, as a decentralized and cryptographic technology, can potentially offer countermeasures and alternatives to some of the concepts depicted in Orwell’s dystopian future.
The EVM, or Ethereum Virtual Machine, is a crucial component of the Ethereum blockchain platform. It is a runtime environment that executes smart contracts and runs decentralized applications (DApps) on the Ethereum network. The EVM enables developers to write and deploy code in a programming language called Solidity, which is specifically designed for creating smart … Read more