Harmony is getting a lot of traction because it addresses core blockchain concerns, is energy-efficient, has cross-chain capabilities, offers lower gas fees and has a huge potential for nonfungible tokens (NFTs). Maintain decentralization and security Harmony thinks its network can scale while maintaining decentralization and security because it uses sharding, which divides … [Read more...] about What is Harmony (ONE) blockchain and why it is getting so much traction?
Traction
Blockchain metaverse ecosystems gain traction as brands create digital experiences
Billion-dollar companies are taking the Metaverse by storm as consumers have shown heightened interest in virtual, interactive, three-dimensional experiences that take place online. While the “Metaverse” is still a new concept, research firm Strategy Analytics found that the global Metaverse market is forecasted to hit nearly $42 billion by 2026. This very well may be the case, … [Read more...] about Blockchain metaverse ecosystems gain traction as brands create digital experiences
eNaira slowly gains traction post-launch amid glitches
The rollout of the world's second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch one, known as The Sand Dollar, the year prior.In a statement quoted by local news outlet The Nation, Central Bank of Nigeria (CBN) Governor Godwin Emefiele said there … [Read more...] about eNaira slowly gains traction post-launch amid glitches
Bitcoin fails to break $41,000 even as ‘green’ crypto mining gains traction. What’s next?
Bitcoin fails to break $41,000 even as ‘green’ crypto mining gains traction. What’s next? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › AnalysisThe world's largest cryptocurrency by marketcap is down nearly 40% from its all-time highs. And even good news isn't helping price. … [Read more...] about Bitcoin fails to break $41,000 even as ‘green’ crypto mining gains traction. What’s next?
Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto
Bitcoin (BTC) has been a hot topic of discussion lately even for those outside the core crypto community, but unfortunately, it’s not for the best of reasons. In particular, the amount of energy required to mine Bitcoin has created concerns for investors who were considering BTC as an option to diversify. According to the Cambridge Center for Alternative Finance, Bitcoin … [Read more...] about Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto