Bitcoin NFT threatens the biggest use case / Reason why I do not start a business in the United States as an American[10 carefully selected books I want to read on Sunday]| coindesk JAPAN | Coindesk Japan

Storing NFTs on the Bitcoin blockchain could threaten Bitcoin’s biggest use case as a currency — pick 10 books to read on Sunday from columns and interviews published this week.

Bitcoin NFT Threatens Bitcoin’s Biggest Use Case: Money

What exactly are Ordinal Inscriptions? The simple answer is NFTs (non-fungible tokens) that can be issued on the Bitcoin blockchain.

However, it is different from conventional NFT. For example, unlike NFTs on the Ethereum blockchain, which rely on mutable off-chain metadata, Ordinals NFTs can record all data directly on-chain. …read more

The reason why I, an American, do not start a cryptocurrency startup in the United States

A bear market is a development time in crypto. 2023 will be the year when more and more developers will begin to make an impact in the real world through the on-chain introduction of real-world assets (RWA) and the explosion and great interest in projects in the regenerative finance (ReFi) space. I’m sure it will be

But I am very pessimistic about America as a place for developers to start their crypto projects. Especially if you have tokens related to your business. …read more

Coinbase Enters Fierce Battle for Layer 2, Do You Have a Win?

Coinbase has big plans for its recently announced Ethereum Layer 2 blockchain.

Developed in conjunction with Layer 2 Optimism and using Optimism’s open-source tool OP Stack, Base lowers Ethereum transaction fees to 1 cent, while Solana and Avalanche Avalanche, Polygon, and other blockchains. …read more

Why Crypto Assets Are Not an “Industry”

New concepts complicate the discussion. Not because it uses difficult terms, but because the terminology that has been around for years is not enough, and the right terminology does not yet exist. One example is a term I know to be imprecise, but I use it many times a day.

However, it is not about “crypto (crypto assets)”. …read more

As clever as a Hollywood movie: What is the ‘rip deal scam’ that is spreading in Europe?

A group of clever scammers spend weeks or months contacting executives of blockchain projects, developing dreamy and elaborate investment stories, even meeting face-to-face at restaurants, and finally The story of someone taking off with millions of dollars in cryptocurrency in a short period of time and then disappearing is pretty bizarre and looks like a Hollywood movie scenario.

However, according to interviews with victims and authorities, such scams have taken place multiple times in cities across Europe, including Rome, Barcelona, ​​Amsterdam and Brussels. …read more

Wallet Hacking – The Last Way To Recover Lost Billions

One of the drawbacks of crypto assets is the high cost of user error. In the unlikely event that you lose the key to your cryptocurrency wallet, your cryptocurrency will be permanently inaccessible.

Fortunately, however, a new industry called “wallet recovery services” has emerged. Those who use a variety of techniques to recover lost assets. …read more

What does a good “Web3 Customer Journey” require?

Critical to Web3 development is a good “customer journey”. That means giving users a seamless, secure, cost-effective, and fast way to get between Web3 and the real world. It also needs to be completely self-custody from start to finish.

Using Web3 still feels fragmented and complicated. …read more

Judgment Against Dapper Labs Headwinds For Private Blockchains

In a 64-page opinion by Judge Victor Marrero of the United States District Court for the Southern District of New York, released February 22, the Howey Test: Is an investment a security? It included a case that will become famous in the future as an application example of the test of whether or not. …read more

When working on development, again

In April 2020, during the first wave of the coronavirus pandemic, Silicon Valley mogul Marc Andreessen called on innovators and dreamers around the world to take action. “It’s time to get down to development,” he said.

After decades of political stagnation and wasted investment, Andreessen said, America was in deep trouble. What about flying cars? What about robot assistants? What about the magnificent public infrastructure? Where are the things we promised? …read more

Were expectations for DEX ‘too early’? Coinbase trading volume has surpassed Uniswap since the beginning of the year

As of 2023, cryptocurrency trading giant Coinbase has surpassed popular decentralized exchange Uniswap in terms of trading volume, according to data firm Kaiko.

As of Feb. 28, Coinbase traded more than $185 billion, nearly double Uniswap’s $93 billion. In 2022, there were times when it was about the same. …read more

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