News list for " what is"
Luca Netz, CEO of the NFT project PudgyPenguins, published a long article titled "What is Consumer Crypto?", which states: "Based on consumption habits, consumer cryptocurrency adoption can be divided into three stages: Phase 1: discretionary spending; Phase 2: necessary spending; Phase 3: basic spending. Over the past 10 years, consumer adoption has been in the hands of those who have raised tens of billions of dollars to further promote...
On July 20, Vitalik Buterin replied to a question from netizens "What is a global blockchain" on social media, saying that the blockchain is a "truth machine". In a specific sense, it provides a consensus approximation of the truth about when a message is sent, but it will not tell you whether the moon landing is true. This greatly reduces the attack surface of blockchain, but it does mean that we need other tools to actually perform (or assist) the latter kind of truth discovery.
