In the decentralized realm of Bitcoin, governance is a complex web of stakeholders, including miners, developers, and users. Unlike traditional systems, no single authority dictates its direction, leading to a dynamic interplay of influence that shapes its future.
Bitcoin’s decentralized governance model empowers various stakeholders to shape its trajectory. Core developers maintain its software, while miners and full nodes validate transactions and uphold its security. Users play a pivotal role in selecting services and supporting proposals, ultimately dictating Bitcoin’s direction. This distributed decision-making structure ensures the network’s independence and resilience, shielding it from centralized control.
Explore the phenomenon of the Lindy Effect and its impact on user confidence in DeFi brands. Discover how extended brand presence can lead to overconfidence in decentralized finance platforms.
Police in Hong Kong have issued an alert about an SMS phishing scam, after it was revealed that over 446,000 in Binance user funds had been drained. Authorities have warned members of the public to exercise caution when handling online transactions.
An on-chain analytics platform, Nansen, has issued a warning regarding a security compromise, with 7% of its users affected. They have urged all users to take immediate steps to secure their accounts and to carefully monitor their activity.
Users of the blockchain-based Nansen network were shocked to discover that the security of their personal addresses had been compromised in a devastating breach, leaving thousands potentially at risk.
August saw Base’s “Onchain Summer” skyrocket, with 268,000 users minting over 700,000 NFTs. This major uptick demonstrates the continuing popularity of the crypto-collectibles market, and demonstrates the potential for this exciting new technology.
Cryptocurrency adoption has skyrocketed in recent years, but the experience of onboarding new users in Africa vs. the West varies greatly. Fonbnk founder Christian Duffus unpacks the differences and explains why bridging the gap is essential.
Decentralized social media protocol Nostr struggling to onboard new users 📊 Are you there yet?
Brazil has seen a dramatic rise in cryptocurrency adoption in June, recording 3.3 million users, its highest-ever figure. Bitcoin has been particularly popular, with a surge of new users tapping into the crypto world.