And it’s hard to go a day without hearing news about how rich you could have been… if you bought $100 of Bitcoin… back in 2010.
The world’s “digital gold” accounts for 45% of total cryptocurrency market capitalization and over 90% of the world’s crypto hash rate.
And if anyone were to tamper with the data during those years, everyone would know because the public ledger would have changed.
Crypto enthusiasts have used these features to create an entire industry of NFTs, or non-fungible tokens.
These tokens are relatively simple, all things considered.
The EU Commission could easily crown MCO2’s rival Universal Carbon as its official carbon credit and send MCO2 prices down the drain.
If law firm DLA Piper wanted to track every time anyone edited a sensitive legal document, they might start with a “track changes” function in Microsoft Word and use an honor system to enforce the rules.
Since the beginning of the yera, Ethereum’s market share of NFT sales has risen from 50% to 97%, according to data collected by CoinTelegraph.
Put another way, it’s good to be first in creating a new standard.
Meanwhile, Ethereum has used its head start to innovate.
Since January, Ethereum has outperformed Bitcoin by a 4-to-1 margin, turning $100,000 investments into $450,000.
If a programmer wans an Aave DeFi contract to pay out a certain USD value of Bitcoin, they’ll need to Chainlink or some other blockchain oracle to provide accurate pricing data.
And in the world of smart contracts, Chainlink plays a critical role in managing the data that determines how tokenized assets move.
The problem is that most of these companies are tucked away in venture capital funds.
He recommended Dogecoin before it skyrocketed over 8,000%, Ripple before it flew up more than 480% and Cardano before it soared 460%.
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