Blockchain is increasingly presenting new opportunities for applications in combination with AI. In fact, Future Market Insights estimates that the global market for blockchain AI will skyrocket to $3.5 billion by 2032, with a 23% CAGR from 2023 to 2033 driven in part by small and medium enterprises adopting AI-based blockchain platforms to enhance smart contracts, payment systems and more. “Reaching consensus on reality” Paul Brody, Global Blockchain Leader at consulting powerhouse Ernst & Young (which has also become a blockchain powerhouse owing in large part to Paul’s thought leadership the last 7 years—including his early advocacy of Ethereum as the platform of choice for enterprise), has a characteristically nuanced…
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Multi-year effort to improve Bitcoin-to-DeFi bridging crosses Threshold
Network announces redemptions for tBTC
Threshold Network announced this week that it has completed a multi-year effort to upgrade its Bitcoin-to-DeFi bridge tBTC from its original structure and security model launched in 2020. Specifically, the protocol added redemption capability – that is, the ability for customers to not only put their bitcoin in escrow and mint tBTC (an ERC-20 token) but also reverse the process and “unmint” back to BTC. This is the latest in a string of Threshold announcements beginning in January with tBTC minting, an integration with interoperability protocol Wormhole in May and four subsequent partner launch announcements, three involving Ethereum “Layer 2” (L2) scaling juggernauts Polygon, Arbitrum and Optimism. The reason given…
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Is Solana The Ethereum Killer?
A Comparison of Two Crucial Coins in The Crypto Market
Next to only Bitcoin, Ethereum (ETH) is the second most popular cryptocurrency in terms of market cap. It holds one of $470 billion, as of 10/27/2021, which is significantly larger than that of many Fortune 500 companies, including Netflix or Walt Disney Co. Vitalik Buterin created ETH in July of 2015, and since then the coin has seen significant growth, with an active community and team of developers who continue to find and fix problems within the ETH blockchain. Solana (SOL) is a coin that has gained massive traction in 2021, founded by Anatoly Yakovenko in 2017, and many say that it will trump ETH in time because of how…
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The Modern Consensus 100 Most Influential People in Crypto 2021
The individuals moving, shaking, and shaping cryptocurrencies and blockchain technology right now
Coming up with a list of the 100 most influential people in crypto and blockchain is hard in any year. But doing it in 2021 is particularly difficult as the industry advanced from moving into the mainstream to actually being in it. And that makes “influence” a moving target.
