Author: Yeek.io

Special thanks to Vitalik Buterin, Gavin Wood and Jeffrey Wilcke for countless revisions feedback, picks at their brains, and helping me read their tea leaves. Introduction In the world of cryptography-based computer science, the Ethereum technology vision has captivated the imagination of a large number of software developers and technologists who saw its obvious promise. But those same promises and their business interpretations (and implications) have not widely reached, nor been well understood by non-technical audiences. As Ethereum nears coming out of the “labs” and into the market, it is even more important that its message be widely understood by the…

Zug, Switzerland, January 11th, 2025, Chainwire Viewers will discover how blockchain technology empowers indie developers to innovate and overcome industry challenges “Blockchain Gaming – Indie Games On-chain“, a Web3 documentary on indie gaming and the Polkadot ecosystem, officially debuts Saturday, January 11th at 9AM ET. The film offers an in-depth look at the intersection of indie game development and blockchain technology. Directed by award-winning photographer, Pnin the film serves as an accessible exploration of the fast-growing Web3 gaming industry. The documentary provides an introduction to the possibilities of Web3 gaming, delving into the innovation and opportunities it presents for both…

Fantom seemed to have a strongly bearish structure on the daily chart OBV slipped below November lows while the next downward price target was at $0.5 At the time of writing, Fantom [FTM], soon to be rebranded to Sonic, had a bearish outlook on the technical analysis front. Its price action has been intensely bearish over the past month. In fact, it has noted 52.6% losses in just 26 days. FTM will see a 1:1 token swap on Binance to the new Sonic token S. The strategic plan to introduce Sonic as a new layer-1 blockchain, promising 10,000 transactions a…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana, XRP, and newcomer Catzilla gain traction as analysts predict significant growth, sparking investor excitement. Exciting market trends are capturing traders’ attention as interest grows in specific cryptocurrencies like Solana and XRP. A fresh player, Catzilla, is also gaining traction. Analysts suggest these digital assets might experience significant growth, fueling anticipation and curiosity among investors. Predictions hint at a massive increase, potentially leading to substantial opportunities in the crypto world. Catzilla: unleashing a new era in meme coins Greed?…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

One of the interesting problems in designing effective blockchain technologies is, how can we ensure that the systems remain censorship-proof? Although lots of work has been done in cryptoeconomics in order to ensure that blockchains continue pumping out new blocks, and particularly to prevent blocks from being reverted, substantially less attention has been put on the problem of ensuring that transactions that people want to put into the blockchain will actually get in, even if “the powers that be”, at least on that particular blockchain, would prefer otherwise. Censorship-resistance in decentralized cryptoeconomic systems is not just a matter of making…

A widely followed crypto strategist believes that a new altcoin that has posted astronomical gains in just a few months looks poised to spark a fresh leg up. The trader pseudonymously known as Bluntz tells his 308,000 followers on the social media platform X that the native token of ai16z (AI16Z), the decentralized investment platform powered by artificial intelligence (AI), “looks really good” after a 50% correction that occurred in a three-wave pattern. The analyst follows the Elliott Wave theory, which states that an asset may witness a five-wave rally after completing an ABC retracement. According to Bluntz, AI16Z is…

Bitcoin and the general market seemed to have steadied their ship after garnering some momentum to build on in the first week of the year. Unfortunately, the sector appears to be back where it started, with the total market capitalization declining by nearly 3% in the last week. One of the events that might have precipitated such a bearish climate in the market was the approval of the United States Department of Justice (DOJ)’s plan to offload seized Bitcoin assets. Due to the significant size of the coins, there is a general sense that a market downturn might be on…

Este artículo también está disponible en español. Bitcoin has extended its correction below the $100,000 psychological level into the past 24 hours. At the time of writing, Bitcoin is struggling to hold above the $94,000 mark after recovering briefly from its recent crash to $91,000.  Related Reading As it stands, Bitcoin’s price outlook has taken a cautious turn, with crypto analyst Ali Martinez highlighting a $12,000 void between $87,000 and $75,000. The analysis, which is based on the Bitcoin UTXO Realized Price Distribution (URPD) ATH-Partitioned, reveals a lack of significant support in this range and raises concerns over a quick…

Been a while, I know, but then these are rather busy days. I’m writing this from a Starbucks in Shanghai sitting behind the Great Firewall, able to peep out only occasionally. I’ve been in Asia with Marek for the last couple of weeks, mainly for meetups, workshops and technical meetings. During this time, we’ve seen the release, struggle and survival of the Olympic testnet, a very clear signal that a multi-client system would be far superior to the present monoculture. We’ve seen the beginning of the second external Go audit, mainly for checking of regressions but also to offer comments…