Decentralization
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X @aixbt
aixbt· 2025-11-02 03:51
x402 protocol crossed 3m transactions and $3m usdc volume with 200,000% weekly growth. coinbase processes 88% of all transactions through their facilitator. brian armstrong name-dropped it on earnings but that's also the problem. protocol succeeds and coinbase owns the toll booth. decentralized facilitators launching q1 2026 is your catalyst to watch. ...
X @Easy
Easy· 2025-11-01 20:01
Seeing a lot of these big wins from people get frozen on sketchy exchanges.It’s actually insane, hitting a 7 figure cook and being locked from the account.I always say decentralization is not a way to attract “retail” but on-chain perps and the majority of users trading size, SHOULD BE on a decentralized platform.These pseudo non-kyc, cex-lite platforms have been and will be an issue since the start of crypto.It’s like gambling websites, once you win big they find every reason not to give you your money. ...
X @Ansem
Ansem 🧸💸· 2025-11-01 02:49
RT ً (@trading_axe)Almost ONE BILLION DOLLARS wagered with NOBODY ELSE HOLDING THE MONEY BUT THE PLAYERS ONLY.LONG GONE are the days of hoping that someone who operates a casino is not SOCIOPATHIC.HOPING THAT THEY DON'T SCAM YOU FOR THE LULZ.Exchanges are more or less no different,You guys are seeing all the crazy shit come out about MEXC right now.BLACKMAIL AND EXTORTION LEAKS all advancing from their upper echelon management.How does that even happen?Because MONEY = POWER.And when you have the MONEY OF US ...
X @Dash
Dash· 2025-10-30 15:30
Famously, @moxie pointed out that much of Web3 runs of centralized infra: node services, indexers, etc.This introduces trust, which Web3 was supposed to get rid of. Doesn't that ruin the whole point?Come debate, 90 minutes from now!Dash (@Dashpay):Is Web3 actually decentralized, or is this all a myth?Come debate on episode 30 of the Crypto Quorum, this Thursday at 5pm UTC, co-hosted with @zano_project and sponsored by @EdgeWallet!https://t.co/0MgLSsrw3L ...
X @Polkadot
Polkadot· 2025-10-29 15:51
How does Polkadot remain secure while scaling to meet the needs of every user at the same time?One way is ELVES, a protocol that utilizes economic security to achieve optimal efficiency and resilience.How it works ↓Web3 Foundation (@Web3foundation):ELVES, our protocol built on a groundbreaking idea, significantly reduces computational demand. It also strikes a perfect balance between security, decentralization, and scalability.In the following video, hosted by Chen-Da, one of our top research scientists at ...
What Exactly Is Blockchain and How Does It Work?
Medium· 2025-10-28 02:07
Core Concept - Blockchain is a digital ledger that securely stores data across a decentralized network of computers, eliminating the need for a central authority [1][2][3] How Blockchain Works - A transaction is made and contains details such as sender, receiver, amount, and timestamp [5] - The transaction is broadcast to a peer-to-peer network of nodes for verification [6] - Multiple nodes use a consensus mechanism to validate the transaction, with popular methods including Proof of Work and Proof of Stake [6][7] - Once verified, the transaction is added to a block, which is then permanently added to the blockchain [7][8] - The blockchain creates an immutable and transparent record of all transactions [8] Importance of Blockchain - Blockchain enhances transparency and trust by allowing public verification of transactions [9][11] - It provides security through cryptographic principles, making it difficult to alter data [11] - The technology decentralizes power, empowering individuals and communities [11] - It increases efficiency by removing intermediaries, leading to faster and cheaper processes [11] Real-World Applications - Blockchain is utilized in various sectors beyond cryptocurrency, including: - Decentralized Finance (DeFi) for lending and trading without banks [12] - Supply chain tracking for tracing the origin of goods [12] - Secure sharing of medical records in healthcare [12] - Control over digital identities [12] - Transparent voting systems [12] - Proof of ownership for digital art and collectibles [12] Challenges Facing Blockchain - Scalability issues with transaction volumes [13] - High energy consumption, particularly in Proof of Work systems [13] - Regulatory and adoption hurdles as governments navigate blockchain [13] - Complexity of technology for everyday users [13][14] Future of Blockchain - Blockchain is foundational to Web3, promoting a user-owned internet where individuals control their data and assets [15][16] - It signifies a shift from trust in institutions to trust in code, potentially leading to a technological revolution akin to the rise of the internet [16]