The technology has a range of uses in areas including privacy, security, scalability, interoperability and sovereign identity, the report said. “ZK-tech has already seen product market fit in use cases such as privacy and authentication,” and it is expected that the ways in which the technology is implemented will increase over time. Source GreatInsightPotentialTechnologyZeroKnowledge CryptoX Portal
Day: March 9, 2023
Bitcoin BTC Price Hits 3-Week Low, Lingers Near $21.7K Amid Ongoing Inflation Concerns
“After celebrating disinflation greenshoots the past two months, the Federal Reserve has had to restart its hawkish positioning by talking tough on rate hikes, I think it’s interesting to note that they were parading their hikes as having a substantial impact on inflation, and then it became clear that inflation has proved to be more stubborn than had been anticipated. Quinn Thompson, head of growth and capital markets at blockchain-powered capital markets platform Maple, wrote CoinDesk in an email. “A 50-basis-point rate hike is basically inevitable now.” Original
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue – Bitcoin News
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems. Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant Payment Systems Nobel Prize winner and author Paul Krugman, who famously wrote in 1998 that “by 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s,” had…
Lido Finance Weighs Sunsetting Liquid Staking on Polkadot, Kusama
The proposal comes as MixBytes, Lido’s partner developer firm for Polkadot and Kusama liquid staking, announced to stop supporting the networks. Source