difficulty

Hard Forks, Soft Forks, Defaults and Coercion

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Time Stamp: February 20, 2024 1:15 PM - Modified On: February 20, 2024 - Published By:
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Republished By Plato

One of the important arguments in the blockchain space is that of whether hard forks or soft forks are the preferred protocol upgrade mechanism. The basic difference between the two is that soft forks change the rules of a protocol by strictly reducing the set of transactions that is valid, so nodes following the old rules will still get on the new chain (provided that the majority of miners/validators implements the fork), whereas hard forks allow previously invalid transactions and blocks to become valid, so clients must upgrade their clients

The Question of Liquidity

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Time Stamp: December 30, 2022 5:29 PM - Modified On: December 30, 2022 - Published By:
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Republished By Plato

While many people consider valuation to be the most challenging aspect of NFT lending, the real issue is liquidity. When taking an NFT as collateral for a loan it would be a recipe for disaster to think it can be sold easily at all points in the market cycle. During 2021 NFTs experienced a huge uptake in their popularity. Some said this surge in demand was the cause of increased gas fees on the Ethereum network. However, in between the two peaks of this surge, there was a terrifying liquidity

Bitcoin Batteries

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Time Stamp: September 14, 2022 2:07 AM - Modified On: September 14, 2022 - Published By:
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In the late 19th Century, a war of great minds was waged in the US between Nikola Tesla and Thomas Edison that would shape the way electricity was delivered throughout the world. Edison proposed using direct current (DC), whereas Tesla favored alternating current (AC), proving that it was far more efficient. Their battle was more than just competing ideologies, it was also a fight between commerce and banks. Edison was backed by J.P.Morgan, the most powerful banker in the US, whereas Tesla was backed by entrepreneur George Westinghouse Jr. Dirty

Minting Milestones and Multi-pass Usage

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Time Stamp: August 30, 2022 1:09 PM - Modified On: August 30, 2022 - Published By:
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Republished By Plato

Author: Half BAYCD During this Sunday’s Smoke Sesh we passed the 40% minted mark, just 3 weeks after launch on 8/8. We’re very grateful and appreciative of the community we’re creating and we wouldn’t be able to do this project without you. On Sunday we announced the ability to use more than one pass per asset — when we initially launched the project the requirement was 1 pass = 1 asset license, this has now changed. The new model of stacking passes both increases your ability to exploit your asset’s