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Tag Archives: centralization

Vitalik Buterin: It’s Bitcoin which is Centralized, not Ethereum

May 9, 2020

Vitalik Buterin took on the Bitcoin community on Twitter by a storm by tweeting that it’s the Bitcoin community that has a lot of middlemen like Tether, Bitfinex, and Blockstream’s sidechain called Liquid while Ethereum community is leading the decentralization by using smart contracts. ...

China’s BSN to Face Two Key Issues After Global Launch

Apr 24, 2020

Olusegun Ogundeji

The question of what could be the primary problems of China’s Blockchain-based Service Network (BSN) project and what such portends for the global blockchain industry has arisen as the April 25 launch date draws near. Spearheaded by government groups, banks, and technology companies, t...

Slush Pool Talks Hash Rate Out of China, Mining Centralization

Dec 21, 2019

Olusegun Ogundeji

The stability of the business environment in the U.S. is an important factor to Bitcoin mining hence some Chinese miners want to mine in the U.S. despite the slightly higher price of electricity. Pavel Moravec, the co-CEO at Braiins Systems (Slush Pool) said on the latest edition of ...