Category Archives: Blockchain

Do Your Assets on Exchanges Actually Exist?

In terms of credibility, the last year or so hasn’t been crypto’s finest hour. Several big, well-established players from across the crypto world – like Three Arrows Capital in Singapore and Celsius Network in the United States – have become insolvent, and more appear to be heading in that direction. “The dominos are falling,” said […]

Blockchain’s environmental impact and how it can be used for carbon removal

Blockchain environmental impact and how it can be used for carbon removal

Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment. Climate change has become an important issue over the years due to concerns over environmental changes caused by the emission of greenhouse gasses into the atmosphere. Conversations have even reached the crypto space, […]

US ethics advisory on federal employee’s crypto has basis in legislation

The Office of Government Ethics reminded federal agency ethics officers of current law and extended its interpretation of the law to mutual funds. When the United States Office of Government Ethics (OGE) released its Legal Advisory 22-04 on July 5, most attention was given to its conclusion that federal employees who own any amount of […]

Blockchain technology can help create safe and inclusive adult platforms

Ushering in a new era for decentralized payment Today, the adult industry has evolved far past studio-controlled content distributed by Blu-ray, into a model where creators are in charge of their creations. Despite having more autonomy, creators still face one barrier, how they will receive payment. Creators have little choice but to accept funds through traditional banking solutions, subjecting them to high fees, payment cancellations, chargebacks and account closures. Not to mention audience restrictions due to privacy concerns. Cryptocurrencies aim to resolve this, operating without an intermediary to ensure creators and clients can transact directly with one another. Due to their anonymous nature, cryptocurrencies also enable users to keep their identities concealed. A metaverse where adults come to play With a potential solution to the gap in the market, it is not uncommon to see adult entertainment websites incorporating cryptocurrencies as a payment method into their website. However, newer platform releases have taken the application of blockchain technology and utility tokens one step further, creating entire ecosystems to maximize the fan experience. The Pleasure Network is demonstrating this by releasing a series of safe and inclusive adult platforms, powered by the Pleasure Coin utility token, NSFW. With NSFW, creators can be compensated for their content without the risk of a chargeback. The platform will effectively become a new way for fans and creators to connect, combining some of the highest-quality features from existing platforms. The token will also gain utility in the adult metaverse, Pleasureland. Pleasureland will include the Pink Tower, the first building in the metaverse, which will double as a place to store NFT assets, play, design, party or enjoy personal space. Users will also have the option to rent out their space to earn NSFW tokens. NSFW is said to be one of the fastest-growing tokens in the Polygon ecosystem — blockchain technology scaling transactional speeds to degrees beyond traditional credit card processing. And due to Pleasure Coin being designed as an ERC-20 token, it allows both creators and users to transact freely while keeping their identities and other personal information concealed.

The adult entertainment industry is known to be one of the first to try new technologies, and the blockchain seems to be the next on the list. The cryptocurrency market is no stranger to speculation. Consider that despite this industry’s growth, many continue to view these assets and associated technologies as a bubble that is […]

Proof-of-time vs proof-of-stake: How the two algorithms compare

Blockchains use consensus algorithms to choose who gets to verify transactions on the network — what are the differences between the two? Consensus algorithms are processes where validators (also known as nodes or miners) within a blockchain network agree on the current state of the network. This mainly entails agreeing on whether a transaction submitted […]

Blockchain without crypto: Adoption of decentralized tech

Blockchain without crypto

Cryptocurrencies hijack most blockchain-related headlines, but their underlying technology’s adoption has been growing rapidly. A blockchain can be seen as a distributed database whose information is stored across every node running the network. Because the database is distributed among those running the network, it guarantees data stored within it is accurate and securely stored. As […]

Exchange helps institutions execute bulk crypto trades without price slippage

Exchange helps institutions execute bulk crypto trades without price slippage

When liquidity is low, big crypto trades can cause big movements in the prices of some coins. This exchange’s new feature is designed to tackle that. Large crypto orders can be challenging — and it can be difficult to get consistent, favorable prices when the markets are moving quickly. But now, a crypto exchange has […]

Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized

Chainalysis published a research study showing that although decentralized autonomous organizations (DAOs) have emerged as the future of decentralized corporate governance, there have been several weaknesses in their functioning. According to the study, DAOs form the cornerstone of many blockchain and Web3 projects. Internet-native and blockchain-based, DAOs are intended to offer a new, democratized management […]

How AI can change the decentralized ledger

Artificial intelligence’s transformative power in relation to blockchain technology is being severely overlooked, say experts. One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the data these platforms may be using. As a result, transactions can be facilitated with a high level […]