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Cardano founder to meet Argentina president Javier Milei

In a meeting planned with Argentina president Javier Milei, Charles Hoskinson wants to discuss how blockchain can rewrite global economic and political systems.

Cardano (ADA) founder Charles Hoskinson will meet with Argentina president Javier Milei in October to discuss the cryptocurrency economy.

Hoskinson is heading to the Tech Forum Argentina to discuss the future of blockchain in a conversation with the president planned for Oct. 19, the Cardano founder told Cointelegraph in an interview.

In the upcoming meeting, Hoskinson expects to discuss blockchain’s potential to transform global economic, political, and social systems.

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Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops

US Lawmakers Call for Clear SEC Rules on Digital Asset AirdropsCongressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance of airdrops in decentralizing networks and shaping the future of blockchain, criticizing the SEC’s approach under […]

Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

Vitalik tells Ethereum L2s ‘Stage 1 or GTFO’ — Who makes the cut?

According to L2Beat, six Ethereum layer 2s have already reached Stage 1, while most others are still stuck at Stage 0.

Ethereum co-founder Vitalik Buterin stated on Sept. 12 that he will no longer consider a network a “layer 2” if it has not reached “Stage 1” by the end of the year.

“The era of rollups being glorified multisigs is coming to an end,” he stated, adding that “the era of cryptographic trust is upon us.” 

The question of whether a network is a layer 2 isn’t just a technicality for the Ethereum community.

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Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

Vitalik: L2s that aren’t at least ‘stage 1’ are dead to me

The Ethereum co-founder said it was “stage 1 or bust” for his acceptance of a layer-2 project’s decentralization progress.

Ethereum co-founder Vitalik Buterin has reiterated his stance on layer-2 decentralization, stating that he only plans to acknowledge scaling solutions at “stage 1” of his decentralization scale.

In a Sept. 12 X post, Buterin said that he takes this “seriously” and that, starting next year, he only plans to publicly mention layer-2 networks that are “stage 1+”.

He added that there “may be a short grace period for new genuinely interesting projects.”

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Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures

Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech MaturesThe general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters more to them, Manai argues, is how decentralization can address real-world issues. Users Set to Value Decentralized Systems More As an […]

Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

Serial Entrepreneur: Digital Ecosystem Favors Data Distributors Over Creators

Serial Entrepreneur: Digital Ecosystem Favors Data Distributors Over CreatorsAccording to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA)in overseeing internet users, Yu believes these frameworks fall short because they do not translate into full user […]

Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

DePIN to be ‘crypto’s next big use case’ — MV Global

Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology. 

Decentralized physical infrastructure networks (DePINs) will be Web3’s “next big use case,” with the potential to onboard “a significant number of new users to the crypto space,” according to a Sept. 5 report by MV Global, a Web3 investing firm.

“Real-world adoption has accelerated with hundreds of thousands of users of multiple individual protocols,” MV Global said. “[T]his is only the start of what we think will be a massive wave of growth… not only for current Web3 users but also for Web 2 converts.”

DePINs are blockchain protocols aimed at decentralizing real-world infrastructure and systems, including communications networks, data warehouses, energy markets, and more. According to MV Global, the ecosystem currently comprises upward of 1,000 projects and represents more than $50 billion in aggregate market capitalization.

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Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

Could centralization be the silent killer of AI and cloud innovation?

Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence.

Advancements in cloud computing, data storage and artificial intelligence have transformed how businesses operate and manage information. However, this transformation has also led to challenges because these technologies are highly centralized and in the hands of a few tech giants. 

The cloud computing industry is currently dominated by three key players: Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform. These companies control over 65% of the global cloud computing market. AWS holds the largest share at 31%, followed by Microsoft Azure at 25% and Google Cloud at 11%. This concentration of power raises several concerns for the broader technology ecosystem.

Growth of leading providers’ customer count since 2019

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Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

Vitalik Buterin has radical scheme for the pseudo-decentralization of entire cities

The Ethereum creator’s utopia seems a lot like a decentralized autonomous organization, but with taxes.

Ethereum co-founder Vitalik Buterin recently shared an innovative blueprint for a city that would be built on as a hybrid enveloping the principles of democracy, capitalism, and decentralization. 

His commentary came during replies to a post on Farcaster, the cryptocurrency luminary’s social media platform of choice. 

Source: Vitalik Buterin.

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Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review

TON Community Backs Telegram Founder Durov — Reaffirms Commitment to Decentralization

TON Community Backs Telegram Founder Durov — Reaffirms Commitment to DecentralizationThe TON community has reaffirmed its commitment to freedom of speech and decentralization, showing strong support for Telegram founder Pavel Durov following his arrest in France. The community emphasized Durov’s dedication to an open internet and called for collective resilience among its members. TON Community Issues Statement After Pavel Durov’s Arrest The TON community issued […]

Armstrong Predicts Bitcoin Surge, XRP Traders Brace for Action, and More — Week in Review