What’s modularity anyway? Modularity is the result of a curious experiment playing out in Ethereum as a reaction to the poor scaling properties of blockchains. To address this bottleneck, developers have taken the radical approach of auctioning off core functions of the main chain to… other blockchains. Centered around rollup technology, this modular transformation has completely redefined how products and services are built on top of Ethereum. Breaking apart every element of the stack allows different architectures to be designed according to their use cases. Understandably this has led to…
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China Emerging As Surprising Source Of Bitcoin Demand
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Last week, I put the massive buying pressure coming to bitcoin in context, but there is another — perhaps the largest — source of potential demand entering the scene. We already know the Bitcoin ETFs, MicroStrategy issuing more shares to buy more bitcoin, Tether’s constant buying, and the halving will all…
Read MoreThe Emerging Frontier: How Bitcoin Adoption Is Growing Where It’s Needed Most
This is an opinion editorial by Ben Caselin, chief strategy officer for cryptocurrency exchange MaskEx. As we navigate the uncharted waters of the digital revolution, bitcoin is increasingly finding their footing in economies grappling with currency crises. Countries such as Turkey, Lebanon, Nigeria and Argentina are already seeing bitcoin reach, or start to approximate, new all-time price highs, signaling a shift in wealth preservation and financial sovereignty. The thrust behind this trend is multifold, encompassing inflationary pressures, the global dominance of the U.S. dollar and the unique attributes of bitcoin.…
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