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The difference between a decentralized and a centralized exchange is that in the decentralized exchange the user controls his coins at all times. In a conventional centralized exchange, the user deposits his coins in the exchange, which as of that moment holds and controls them. If the exchange suffers a hack the user can lose his coins. Likewise, in the decentralized exchange the user can withdraw instantly, without having to wait for the exchange to send his coins or tokens.
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In theory, yes, it's possible. There are several articles on the internet that explain how cryptocurrencies could help reduce poverty. For example, by reducing the costs of sending remittances to third world countries, applying blockchain technology to humanitarian aid programs or allowing those who can't have a bank account to access virtual money. Although many people only see cryptocurrencies from a speculative point of view, they are also a tool with the potential to transform the world.
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It's surprising that anyone can put an ad for an exchange or a wallet on Google without any control. Google should establish some type of control, such as requesting the necessary documentation to ensure that whoever posts an ad of this type is the actual owner of the exchange or the real developer of the wallet.
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It's strange because MEW usually calculates the necessary gas and automatically adjusts it before making the transaction, even in the case of sending tokens. Did you try to send ETH or a token?
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Unless there was a cataclysm that destroyed our entire technological structure, I don't think that a world war could have any significant effect. While it's possible to continue mining cryptocurrencies and continue using mobile phones or personal computers to send or receive them through the internet, I think that everything would continue more or less the same. Regarding the price, which is what many people care more than anything, you can think that a world war would cause an economic depression and a lot of uncertainty, this could make many people think of cryptocurrency as a refuge, it's a possibility, but I would not bet completely for it either.
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From my point of view, we are still in an initial phase of the adoption of the blockchain and cryptocurrencies. It will be a process that will take some years. Right now we are at a time when different countries are establishing a regulatory framework for this new technology, once these frameworks are defined, it's quite possible that the process will accelerate.
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For crypto to reach mainstream in few years, it would need mass adoption, unfortunately crypto is still complicated for people. Crypto is new, decentralization and block chain are new concepts, even more Proof of work, proof of stake or mining. To learn about crypto people have to learn a lot and spend time to understand about crypto, and most people are not up for that. More important, people need to be open to new ideas, and willing to explore new things, and again most people do not have interest for that, most of them do not care. Moreover, even if people get interest in crypto, they will notice that crypto is too volatile and too risky for them. All this disadvantages has to be solved for crypto before reaching mainstream.
I don't think that it's necessary for people to acquire this technical knowledge, it's sufficient for them to know how to use a wallet and how to send or receive coins or tokens. The important thing is that cryptocurrencies can be used daily for anything, this is the key to mass adoption. |
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The central bank of a country rarely acts contrary to the criteria of the government of that country. Therefore, even if the court rules in favor of the exchange, the government will surely draw up a law in which it will back the decision made by the central bank. The exchanges can only do two things, move out or wait for better times.
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These days I have read some criticisms of the price of tickets in the sense that such high prices give this type of event an elitist image. In a certain sense, it's possible that this is precisely the intention of the organizers, that this event is an exclusive event attended only by VIPs.
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Of course, we are talking about a technological revolution comparable to the industrial revolution that will open many opportunities in the future. In fact, there are universities and schools where they are already teaching about this.
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The listing fees have skyrocketed in the last year. A year ago, if I'm not wrong, Bittrex asked for 3 BTC as listing fees, when Bittrex was the number one exchange in the market. This increase in fees is due to the competition, every week many new projects are launched, many coins and tokens, and they all want to be listed and, if possible, in the most important exchanges. The exchanges take advantage of it to increase the listing fees.
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Possibly the safest method is to write users and passwords on a piece of paper. Even so, there is always the risk that the database of any site where we are registered will be hacked. Therefore, it's recommended not to use the same email address and password in different sites.
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Personally, I don't really get permission based advertising as it defuses the purpose of advertising and you will end up with clever people who just watch ads to get paid. It's better than getting bombarded with advertisement that you didn't even sign up for but isn't that the whole purpose of advertising in the first place? If I'm getting paid to watch McDonald billboard, what are my chances of going in McDonald to buy a cheeseburger?  One thing is advertising on television, where people end up seeing the ads because they are too lazy to change the channel, and another thing is internet advertising, where anyone can install an ad blocker and not see any advertisement. Permission based advertising is the way to get Internet users to continue to see ads and even if they only see them in exchange for tokens, there is a greater chance that they will consume a product after having seen an advertisement, even if it's just for the tokens, that if they don't see any ad. |
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I think some people are celebrating ahead of time. The news is not that an online store starts accepting payments in stablecoins, but that a stablecoin project has opened its own online store in which they will accept only their own coin. It's quite different.
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I don't understand why Vitalik consults his followers about a personal decision that only concerns him. I would understand if he asked if working on Google is compatible with continuing as an Ethereum developer in case he considers that there may be a conflict of interest, however, it seems that what he asked was whether he should join Google and quit Ethereum or not, and that is a decision that only he can make.
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Having read the article, I have seen that Wozniak considers that Ethereum will have a relevance similar to that of Apple, I don't know if he had said literally that Ethereum will dominate the world of cryptocurrencies or is a conclusion of the person who wrote the article. Be that as it may, things have to be analyzed with perspective. It's clear that Ethereum has a very important role in the cryptos being also the fuel of most ICOs, it's true that there are very important institutions, including some banks, interested in their technology, and it's true that it has many possibilities, but that Ethereum comes to dominate over Bitcoin and that it becomes more important than Bitcoin seems to me to be impossible
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This kind of ideas attract attention and seem innovative, but when it comes to the truth, there are too many doubts around them. For example, how do you know that someone is dancing and is not walking on the street? Or, How do you know I have not put the sensor on my dog?
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A DAICO is a new form of ICO in which the contributed funds are sent to a smart contract that releases these funds progressively according to the progress of the project. This will be decided by the contributors themselves who, depending on how the project progresses, will vote to decide whether to continue releasing the funds or request a refund of the remaining funds.
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Both things are compatible, you can be in the crypto space for the tech and for money at the same time. However, I think there has been a change in the profile of the person who enters the crypto world. Formerly, people entered into cryptos because of their potential, thinking about the future. People were interested in how cryptos work. Now that the cryptos are more known to the public and their value has risen considerably, the profile of the person who enters the crypto world is that of someone who wants to make money quickly without knowing what the cryptos are or how they work.
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Doing a quick Google search you can see that it's not simple FUD. The FSA, the regulatory authority of Japan, wants the exchanges to drop Zcash alongside with Monero and Dash due to the privacy offered by these coins and the difficulty in tracking them.
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