Crypto Project, News and Ideas
There are three greatest discoveries in the history of modern humanity. The first one is the steam engine, which led to the Industrial Revolution. The second is electricity. Before electricity was discovered, many industries relied on the power of steam engines. Electricity transformed all industries, the city landscape, warfare equipment, and even human life. The…
Now we turn to Binance for the latest updates on the BUSD lawsuit between Paxos and the SEC with Changpeng Zhao, commonly known as CZ in the industry, who is the CEO of Binance that uses the BUSD stablecoin. Paxos is the issuer and auditor of the BUSD stablecoin, and the SEC is pursuing legal…
Disinflation occurs when the rate of inflation slows down, resulting in a decrease in the general level of price increases for goods and services. Disinflation is different from deflation, which is a decrease in the general price level of goods and services. Disinflation occurs when the rate of inflation, as measured by CPI data, slows…
What is CPI? Consumer Price Index (CPI) is a measure of inflation that tracks the trend of changes in prices of goods and services. Therefore, when CPI data is released, it can affect market sentiment and impact the prices of various assets, including stocks, precious metals, and even Bitcoin. The simple logic is this: if…
zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) is a privacy-enhancing technology used in blockchain systems, including some cryptocurrencies. It allows for the verification of transactions without revealing any information about the parties involved or the transactions themselves. This helps to ensure the privacy and confidentiality of users on the blockchain network. The advantages of zk-SNARK…
Binance is a name that echoes throughout the cryptocurrency world, known as one of the largest and most popular exchanges on the planet. Binance has consistently been at the forefront of security and transparency, making the platform a trustworthy and reliable option for those interested in crypto trading. One of the innovative initiatives Binance has…
The Proof of Reserve system is a vital mechanism in the cryptocurrency industry that verifies the authenticity and availability of assets held by exchanges. This system plays a crucial role in building trust and transparency in the crypto industry. The primary goal of the Proof of Reserve system is to ensure that exchanges have enough…
The Bitcoin halving, also known as the “halvening,” is a key event in the history of the world’s first and largest cryptocurrency by market capitalization. It is an event that occurs roughly every 210,000 blocks, or roughly every four years, where the number of newly minted bitcoins awarded to miners for verifying transactions on the…