realistic

[Mirror] A Proof of Stake Design Philosophy

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

Celebverse launches VR Apparel Store and Night Club to transform Fashion and Entertainment

DUBAI, Feb 7, 2023 - (ACN Newswire) - With the official launch of its Apparel Store and Night Club in Virtual Reality (VR), Celebverse, the first and only virtual world dedicated to "Adam & Eve," an original human couple and parents of the human race, is poised to revolutionize the global fashion and entertainment industries. With its assistance, anyone can become a native of the state-owned digital city that serves as a hub for international celebrities, brands, and users. [caption id="attachment_2460515" align="alignnone" width="793"] Celebverse is a first of its kind

Is the Future Digital?

These days you can’t scroll through YouTube without encountering videos foretelling the end of crypto and the collapse of the global financial system. The clickbait culture that invaded traditional journalism has now spread to citizen journalism too, but how realistic are all of these dramatic claims? Fear, uncertainty, and doubt (FUD) pervade the mainstream media. So much so that even people with little knowledge of the technology claim it’s all going to zero. If you’re looking for bottom signals this is the equivalent of everyone FOMOing in at the top.

Testing, Testing 3…2…1

Today marks the launch of our MVP on the Goerli testnet, the final phase of testing prior to its official launch. It’s been a busy time for our dev team as nothing in crypto is plain sailing and they’ve done an amazing job of bringing us to this point. (Testnet link located at the bottom of this article) A few weeks ago we launched our MVP to a limited selection of our community on the Rinkeby testnet. However, due to some limitations with Rinkeby, we decided to switch to Goerli

The Solution to Scalability

The narrative which pervaded much of the last bull run centered around scalability issues as both Ethereum and Bitcoin experienced congestion as their popularity increased. The main problems were the speed and cost of transactions. Without addressing scalability, the concept of mass adoption was dead in the water for cryptocurrency. Solutions such as the development of the Lightning Network for Bitcoin helped its rollout as legal tender in El Salvador. For Ethereum, it was a combination of roll-ups, sidechains, and sharding that helped to maintain its growth. Whereas Bitcoin’s surge