#decentralization

Technologies are constantly changing modern society. Back in the day, VCRs disrupted home entertainment. Sometime later, social media disrupted news networks and communication. But once in a while, technologies bring about tectonic shifts in all areas of life at once.

Vladimir Popov, the founder of Synergis who had co-authored a book about Web 3.0, highlighted the principal problems of DPoS and LPoS algorithms, explained flaws in their architecture, and hypothesized about decentralized networks of the future. This is an adaptation of the original Russian-language article Vladimir wrote exclusively for ForkLog.

Content is the main product of consumption and the chief breadwinner for Web’s denizens. As user-generated content is steadily rising to the top of the food chain, the new Web will have to provide fair and lucrative platforms for millions of independent content creators to thrive in.

The debate about Bitcoin’s Proof-of-Work being obsolete and downright harmful to the environment has been going on for a while. Alternative algorithms like Proof-of-Stake emerged aiming to solve the problems, but the solution to end the debate is yet to be found.

Web 1.0, the world wide web of the 90s, was more like a vast multimedia library. The point of using Web 2.0 websites, on the other hand, slowly shifted toward user-generated content as much as interacting with it and with other creators. One could argue that while Web 1.0 offered one-way access to information, Web […]

While most businesses suffer greatly during the quarantine, there are bound to be at least some that actually thrive. It makes sense that among such businesses the most prominent ones would be digital platforms that provide convenient access to work and entertainment from home.

The Black Thursday shook the entire DeFi sector along with the wider crypto-industry. This time, DeFi wasn’t the much-needed salvation, despite its relative successes over the past couple years. Yet, the crisis brought up the significant potential of decentralized finance, when compared to its traditional counterpart.

Imagine a society where social, political or cultural discussion almost entirely happens in digital space. Imagine that the digital space where this conversation is happening is absolutely dominated and controlled by several private companies with arbitrary non-transparent policies and no accountability before the general public. Imagine that these companies can abuse their power with impunity, […]

Back in 2012, the FBI defined Bitcoin as a decentralized peer-to-peer network-based virtual currency. But even though Bitcoin is undoubtedly p2p, network-based, and virtual, there had been varying opinions on just how decentralized it actually is.

Cosmos, the big one among blockchain interoperability projects, has its founder Jae Kwon leaving to work on another project. Soon after the news about Kwon’s decision hit the news, criticism followed.

Blockchain platform Tron, which is behind the decentralized, web focused cryptocurrency TRX, announced plans to develop a BitTorrent-based version of decentralized file system InterPlanetary File System (IPFS).

Decentralized computing network Blockstack has applied to the U.S. Securities and Exchanges Commission (SEC) to launch a $50 million token sale which — if approved — would be the industry’s first SEC-qualified offering.