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Author: CryptoPress

DYOR

An acronym standing for “Do Your Own Research“. It’s heavily used in the context of cryptocurrency and investment communities. It encourages individual decision-makers to thoroughly investigate and validate information about a potential investment or situation themselves, instead of solely relying on third-party advice. This process could involve studying market charts, news, monetary policies, project fundamentals, team...

Glossary

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JSON-RPC

JSON-RPC is a method for moving data between computer systems. It predates public blockchain technology, but it was chosen as a standard for moving data between blockchain networks and internet browsers and wallets. This has led to these networks being called “RPC networks,” even though JSON-RPC is not their defining technical feature. JSON-RPC was first introduced in 2005, and it has been used in a variety of applications...

Blockchain, Glossary

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Kademlia Routing

In the Harmony blockchain’s adaptive state-sharding architecture, Kademlia routing is utilized to carry out cross-shard communications. A routing table stores information on all Harmony network nodes across various shards. Messages between nodes on separate shards move significantly quicker than typical gossip broadcasts to reach the target shard when Kademlia-based routing is used.  The Kademlia routing system substantially lowers...

Blockchain, Glossary

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Worldcoin orb eye scanner

Worldcoin: The Cryptocurrency Project Launched by OpenAI’s Founder

Worldcoin is a new cryptocurrency project founded by Sam Altman, CEO of OpenAI. The project aims to create a new global financial and identity network owned by everyone. Worldcoin uses eye-scanning technology to verify users’ identities and distinguish humans from AI online. The project has raised concerns about privacy, but the company insists that the technology respects users’ privacy. Worldcoin is an ambitious cryptocurrency...

Altcoins, dApps, Front page, Main

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Larry Fink

Larry Fink: “Bitcoin will transcend any currency in the world”

Larry Fink, CEO of BlackRock, the world’s largest asset manager, changed his stance on crypto in 2022, sending strong trust signals to the markets. BlackRock’s move into crypto fits into the asset management giant’s broader mission of creating products that are easy to use and cheap for investors. “We believe we have a responsibility to democratize investing. We’ve done a great job, and the role of ETFs in the world is transforming...

Bitcoin, Cryptocurrencies, People in crypto

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