The generation of crypto coincide has grown to be more complicated and more competitive in nature. Mining is an important and time-consuming function that needs to solve mathematics problems to ensure the transaction and place it on the blockchain network, which consumes most of the power. This has driven entrants to experience high capital intensity … Read more
The cryptocurrency ecosystem is still relatively innovative which puts lots of emphasis for it to come up with real, fun, and tactile use cases that can ignite mass adoption. It is easier to prove traditional use-cases like payments for investment where activity it not as appealing in terms of broad public interest. Welcome to the … Read more
Even though video games have become the mainstream, there are innumerable obstacles untouched by the traditional medium of gaming. Infringed ownership based on the monopoly of the centralized authorities, assets possession without the attribute of real ownership, and virtual items which are stuck in one game or platform set are the main problems. The gamers … Read more
Cybersecurity involving cryptocurrencies is not easy. Unlike other financial models that are designed and implemented with a customer support system as well as techniques of checking fraud, the blockchain platform that is in most use today eliminates all kinds of impediments thereby making it easy for hackers to penetrate and everyone is responsible for his … Read more
Potential for decision making and governance is the second general issue since Ethereum is a decentralized system. Unlike most companies and organisations where a few individuals take decisions, Ethereum’s governance maps decisions with many interested parties; developers, miners, node operators, and token holders. This diversity complicates the efforts to establish unity of action and to … Read more
That has been deemed one of the most significant hurdles facing most cryptocurrencies in the market. Since the company has low liquidity, large quantities of commodity can cause massive fluctuations in the price thereby making it hard for traders to undertake large orders without aversely affecting the price. This uncertainty can compel both small independent … Read more
Navigating the cryptocurrency market can be daunting, especially for newcomers. Existing trading platforms are overwhelmed with features that make them hard to use, and the resultant lack of precise guidance causes huge losses, deterring people from joining the crypto space. It is in this gap that Bitget, one of the cryptocurrency exchanges, fits. Bitget simplifies … Read more
The art of making cryptocurrencies recognizable and sought after is a major struggle in this new world. Rarely are new projects easy to attract users and to populate especially when aiming at forming a large community. Marketing in the decentralized environment of the crypto world, in general, is costly and might not yield a significant … Read more
That is one of the critical drawbacks at present when it comes to the implementation of Smart Contracts in the Blockchain and Cryptocurrency Industry, which is the lack of an interaction with the external data sources. Smart contracts can only run fixed computational procedures that are embedded in, governed and executed by the chain and … Read more
A pioneer of some of the challenges frequently associated with the use of digital communication, and experimentation in online transactions include; privacy challenges, slow transaction times and high fees respectively. Current social media and messaging platforms are designed with little to no emphasis on privacy or security of the communication happening through them, and existing … Read more