Aaron Watts, Publisher at CoinCodex
Aaron is passionate about technology and finance. Aaron first discovered blockchain technology in 2016. After learning about the transformative power of crypto, which he primarily credits to Alex Tapscott's Blockchain Revolution, he sought to expand his knowledge by becoming more intimately involved with the blockchain space. He joined CoinCodex in 2018 and has since been covering a variety of topics, ranging from Bitcoin and Ethereum to NFTs and the metaverse.
Aaron Watts Latest Articles
The advent of blockchain technology has proven to be the most disruptive point in the history of the financial industry: from now onwards, banks cease to be the focal point in the distribution of money flows; instead, decentralized exchanges come to take over their place with a lightning speed. For the industry, it means that the barriers of entry have been lowered down, opening the path for trailblazers of the new generation; for consumers, this signifies a golden age of freer, almost carefree access to the financial market, so much sought-for during the pandemic. This way, the whole financial industry enters the new decade of inclusivity, security, and prosperity, serving as a hallmark of a liberalized economy.
Layer-2 is a collective term for solutions developed to scale decentralized applications (dApps) by processing transactions off the Ethereum Mainnet. With layer-2 solutions, transaction processing times can increase significantly when the network is congested. Rollups handle transactions off-chain to promote greater scalability. One such project is Syscoin, and leverages ZK-Rollups to enable smart contract scalability.
US financial industry watchdogs, comprised of the OCC, Fed, and FDIC, have released a joint statement on the cryptocurrency industry on Tuesday. The regulators outlined key areas requiring further legislative action in 2022; however, they have not committed to changing existing regulations.
The NFT bubble started with CryptoKitties on the Ethereum network in 2017, and has since grown into a multi-billion dollar industry. NFTs have gained significant traction in the last few months, primarily due to the rise of blockchain-based play-to-earn (P2E) and NFT games but other industries like art, music, content are also an important pillar in the NFT world.
Candao, a social network launchpad platform that intends to develop a new economic prototype by amalgamating the latest technological advancements, with network effects, and people, is surely making some noise in the crypto space. With the above-mentioned integrations adequately, Candao is marching towards unlocking the extreme potential of the crypto community.
With the proliferation of Decentralized Finance across all spheres of economic activity, it became obvious that some universal solution is required for the smooth operation of the network. Indeed, by being decentralized – and, at the same time, non-unified place, DeFi remains a field of controversy between multiple operators of the blockchain networks. Apart from high network fees and extended waiting time resulting from the lack of interoperability, the continuous need of adaptation presents a constant need to focus on technical aspects of the job, instead of investing the precious time in the development of a concept and direct forces on the core part of the project.
CryptoClassic, an ambitious payment-focused company championing confidentiality, anonymity, and liberty, launched on the eco-friendly Binance Smart Chain (BSC) before listing on five centralized cryptocurrency exchanges, including CoinTiger, as per the latest data on November 15.
Keeping a number of private keys on different wallets and blockchains has become a real challenge. Keeping all of them secure and within reach to validate transactions on the go is quickly becoming a hassle but there's light at the end of the tunnel.
Here are some tips on how to get started with crypto leverage. do you want to go short or long? How does this work?
The popularity of NFTs (non-fungible tokens) has skyrocketed in 2020. NFTs are now used in different sectors like DeFi, art, loans and legacy systems.