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Showing posts with the label decentralization

Huddle01 CEO explains why communications tech must be decentralized

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Huddle01 CEO Ayush Ranjan tells The Agenda podcast why centralized communications technology is unreliable and requires a decentralized alternative. The means by which humans communicate and coordinate are ever-evolving. People went from sending smoke signals and messengers on horseback to sending letters and telegrams, and since the dawn of the digital era, the pace of innovation has exploded. Today, hundreds or even thousands of people from around the world can gather in a Twitter Space or Zoom call and communicate in practically real-time. But people still primarily communicate via central ized platforms that retain and monetize user data, suffer from outages, have the power to censor speech, and face problems such as severe lag. So, what would a de central ized Web3 version of a communications and meeting platform like Zoom or Google Meet look like? To find out, Jonathan DeYoung and Ray Salmond sat down with Ayush Ranjan, co-founder and CEO of Huddle01 — a Web3 meetings and commu...

Creating a resilient and sustainable blockchain-as-a-service for all

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The Asia-Pacific Economic Cooperation (APEC) Summit with the theme of “ Creating a Resilient and Sustainable Future for All ” was drawing world leaders, dignitaries and delegations from the 21 member economies to San Francisco from Nov. 15 till Nov. 17, 2023 to promote free, fair, and open trade and investment, and advance sustainable and inclusive economic growth focused on regional economic issues, including sustainability, digitalization, energy security and other matters.   You might also like: An in-depth look at the regulatory landscape of privacy coins Parallel to the US APEC 2023—which became the most significant event with world leaders in San Francisco in recent history—in Singapore, with a similar theme, the BSN Foundation announced its founding members, its role in blockchain-as-a-service on Nov. 16, 2023. B...

Alphapo payment provider hack now estimated at over $60M — ZachXBT

The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack. The alleged Alphapo payment s provider hack of July 23 is now estimated to have caused losses exceeding $60 million, according to a July 25 report from on-chain sleuth ZachXBT. The loss was previously reported at roughly $31 million. Hack update: An additional $37M stolen on TRON & BTC from this hack has been located. This now brings the total amount stolen to $60M. This hack appears to likely have been done by Lazarus as they create a very distinct fingerprint on-chain. pic.twitter.com/ACGSXiDwW3 — ZachXBT (@zachxbt) July 25, 2023 Alphapo is a centralized crypto payment provider for e-commerce subscription services, gaming sites, and other online businesses. It's known as the provider for mystery box platform HypeDrop and gambling sites Bovada and Ignition. On July 23, security experts began reporting that the site’s hot wallets appeared to have been...

Industry-leading company hosts major event to push for Web3 transformation

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Blockchain events are a catalyst for industry adoption, a factor that is only amplified by the global accessibility that only the metaverse can provide. In addition to sharing knowledge, networking and staying on top of industry trends, blockchain events also serve as the foundation for Web3 adoption. While these events can take a variety of forms, from a hackathon to a tradeshow and speaker format, the reality is that these events are often an important showcase for real-world use cases, success stories and practical implementations of blockchain technology. By seeing these tangible examples of how Web3 is impacting industries and solving complex problems, many industry professionals are given the foundation they need to build on and gain trust and confidence in the technology. Blockchain events also provide a platform for education and awareness. Again, while the exact format may vary, many events include a workshop, training session or expert-led discussion component that demystifi...

Mutual aid, DAOs and activism — The Agenda podcast chats with PactDAO co-founder Marisa Rando

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PactDAO co-founder Marisa Rando says the decentralization of mutual aid collectives is the key to catalyzing activism and building stronger communities. The efforts of many charities organizations are often hampered by the red tape of bureaucracy, and the presence of hierarchical structures within these organizations can complicate matters even further.  To bypass this inefficient rigamarole, PactDAO co -founder Marisa Rando suggests that those aiming to distribute aid focus on being “active” as this is the root word in the term “ activism .” Rando hinted that the presence of hierarchical structures within charitable organizations leads to bias in the distribution of aid, whereas adopting a fully decentralized model encourages activism from givers and recipients. This results in the foundation of stronger communities and more objectivity and fairness in the selection and distribution of aid. This is the true intent of mutual aid and grassroots activism . On Episode 11 of The Agenda ...

Here’s how the crypto industry is using artificial intelligence

The rise of artificial intelligence (AI) though in its early stages has found use cases in crypto through countless projects. The use of artificial intelligence (AI) in crypto, though still in its very infant stages, has shown prospects for growth. According to statistics, the blockchain AI market is projected to grow from $220.5 million in 2020 to $973.6 million in 2027 at a CAGR of 23.6% in the 2020-2027 period. Countless projects are trying to put AI at the forefront of their use cases. Despite Tesla CEO Elon Musk and other prominent tech moguls penned an open letter, asking governments to suspend large-scale AI development temporarily, the crypto industry is ripe with AI projects. Here are some examples of crypto AI projects that have recently emerged in the community: Blocktrace Blocktrace is a service provider that specializes in Blockchain forensics and Analysis bolstered by the use of AI technology. Its AI Chatbot is designed to simplify the process of tracking Blockchai...

Crypto Stories: How Altcoin Daily built a platform for millions of crypto enthusiasts

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A cartoon version of the Arnold brothers recounts how they went from struggling to break into the film industry in L.A. to building Altcoin Daily, a platform with millions of crypto enthusiasts. In the latest Crypto Stories episode by Cointelegraph, Aaron and Austin Arnold share their journey of creating 'Altcoin Daily,' a crypto content platform that has amassed millions of subscribers across various platform s. Earlier in life, Aaron spent his childhood dreaming of becoming a veterinarian, and then an actor, and then a filmmaker. Dreams of breaking into the filmmaking industry led the brothers to Los Angeles, where they struggled to get into entertainment.  While struggling, Aaron spent many sleepless nights contemplating purpose and how he could help make a difference in other people's lives. One day, while going to a comedy show, an Uber driver told Aaron how he went 3x on an altcoin called Filecoin. Inspired by his conversation with his Uber driver, Aaron decided ...