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Author: CryptoPress

brad garlinghouse

Brad Garlinghouse: Thousands of Cryptocurrencies Will Collapse

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Brad Garlingouse, the CEO of blockchain company Ripple, believes that thousands of cryptocurrencies will collapse. Garlingouse said that there are currently over 19,000 cryptocurrencies in existence, but only a handful will survive. He predicts that those few survivors will be the ones that are able to solve real-world problems and provide value to consumers. Garlinghouse made the comments during an interview with CNBC at the recently...

Altcoins, Cryptocurrencies

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clash of lilliput

Play-to-Earn (P2E) is Becoming Mainstream, Lilliput Has Gained Foothold in the P2E Industry

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By JUAN MENDECryptoPress What is Play-to-Earn? Decentralized finance (DeFi) games are enabling a shift towards the play-to-earn model. As the name suggests, play-to-earn (or P2E) crypto games involve earning some form of cryptocurrency by playing games. These usually include making in-game currency by carrying out quests, winning battles, and completing other kinds of challenges. You can typically exchange this in-game currency for...

DeFi, GameFi, NFTs, Play to Earn

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what are nfts - crypto

What are NFTs?

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NFTs, or Non-Fungible Tokens, are a new form of digital asset that represent real-world objects like art, music, and in-game items. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos. What this means is that an NFT is not fungible: each one is unique. And if one has been sold, there can be no other exactly like it. This makes them similar to...

Blockchain, Ethereum, Featured, Guides, NFTs

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ethereum difficulty bomb - Ticking Bomb by puroticorico

What is the Ethereum difficulty bomb?

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The Ethereum network is facing its own version of a “difficulty bomb” that will start to slow down the current blockchain system. The Difficulty Bomb is a difficulty adjustment algorithm that is designed to make block mining more difficult over time. It was originally implemented with the goal of incentivizing miners to switch to Proof-of-Stake (PoS) mining. The difficulty bomb was first announced in 2015 and was originally set to go live...

Cryptocurrencies, Ethereum, Front page, News

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POS (Proof of Stake)

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Proof of stake (PoS) is a method by which a cryptocurrency blockchain network achieves distributed consensus. In a PoS system, cryptocurrency owners stake their coins by holding them in a wallet and thus committing them to the network. The stake weight of a node is proportional to the amount of cryptocurrency it is staking, and the probability of a node being chosen to validate a block is proportional to its stake weight. PoS is an...

Blockchain, Cryptocurrencies, Glossary

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