A couple of weeks ago, the Internet was in an uproar as Facebook and its subsidiary apps Instagram and WhatsApp were down for most of the day. While frustrating for most, it became a moment of clarity for all who frequent these platforms. All the while, users began migrating to other social platforms such asContinueContinue reading “Facebook’s outage is a reminder of why we need decentralization”
Category Archives: Blockchain
Afrocrypto: Present and Future
Welcome to Afrocrypto and thank you for taking the time to read this introductory post. In this post I’ll explain what Afrocrypto is and what I hope to accomplish with it. First, a definition of “Afrocrypto” AFRO – This word represents much more than a fabulous hairstyle. It represents me and the diversity I hope toContinueContinue reading “Afrocrypto: Present and Future”
Everything You Need to Know About Decentralized Finance (DeFi)
The impact that the Ethereum blockchain has had on the blockchain and crypto industries cannot go understated. Operating as a “world computer,” Ethereum enables the use of smart contracts, which allow decentralized applications (DApps) to be built. Smart Contracts have evolved over the last few years to spawn an entirely new set of financial protocolsContinueContinue reading “Everything You Need to Know About Decentralized Finance (DeFi)”
Non-Fungible Tokens (NFTs) and Their Use Cases
In 2017, Bitcoin and cryptocurrencies first started dominating the mainstream news as each of these assets reached incredible highs. Now, a new trend to come out of the crypto space is creating the same degree of media attention. Non-fungible tokens, or NFTs for short, are turning people into millionaires overnight. But what exactly are NFTs,ContinueContinue reading “Non-Fungible Tokens (NFTs) and Their Use Cases”
The Four Best Alternatives to Ethereum
While Bitcoin remains king in market dominance and popularity, the slightly lesser-known “altcoin” Ethereum has proven to be a force to reckon with. Ethereum has far broader applications than just a store of value and unit of exchange. It is considered a “world computer” on which several decentralized applications (DApps) can be built. But asContinueContinue reading “The Four Best Alternatives to Ethereum”
Everything You Need To Know About The Ethereum Blockchain
Ethereum has emerged as a prominent player in the crypto world, yet it often remains overshadowed by Bitcoin’s dominance. As the leading “altcoin,” Ethereum may not grab as many headlines in mainstream news, leading some to speculate that its true value is underestimated. However, Ethereum’s potential for revolutionizing the digital landscape is undeniable, rivaling evenContinueContinue reading “Everything You Need To Know About The Ethereum Blockchain”
What Are Privacy Coins, And Which Are The Best?
The original promise of Bitcoin was that it’d be a safe and secure way to conduct transactions without revealing your identity. Unfortunately, the current cryptocurrency environment has grown to undermine some of these privacy-centered efforts. However, several blockchain organizations have taken up the torch on cryptocurrency privacy efforts, and a proliferation of so-called “privacy coins”ContinueContinue reading “What Are Privacy Coins, And Which Are The Best?”
A Quick Guide To the Most Popular Blockchain Consensus Methods
Blockchains are revolutionizing the way we conduct business by adding layers of autonomy and trust to networked databases. Underpinning every blockchain is an algorithmic consensus method providing those characteristics. How do consensus methods work, and which are the most widely used today? Continue reading to learn more. Purpose of consensus Achieving consensus within a givenContinueContinue reading “A Quick Guide To the Most Popular Blockchain Consensus Methods”
5 Countries Leading the Charge in Blockchain Adoption
Blockchain is a major disruptor in terms of how the world will conduct business and governance going forward. At this point, it seems that any country without plans to adopt it will be left behind. So which countries have embraced blockchain technology, and what are they doing to foster its growth? Continue reading to learnContinueContinue reading “5 Countries Leading the Charge in Blockchain Adoption”
4 Key Challenges Addressed by Blockchain Technology
With blockchain technology gaining better understanding, industries worldwide are now actively embracing its potential. Organizations across the globe are integrating blockchains into their internal processes to enhance efficiency and security, marking a significant shift in their approach. So, what makes blockchain technology so attractive? In the digital age, vulnerabilities within societal infrastructure have exposed theContinueContinue reading “4 Key Challenges Addressed by Blockchain Technology”
The AfroCryptopian 