Centralized

Securities and Exchange Commission (SEC) Chair Gary Gensler said Wednesday that a centralized artificial intelligence (AI) market with just a handful of models that financial actors rely on could lead to a fragile financial system.   Gensler, speaking in a virtual fireside chat hosted by Public Citizen, said he expects AI to tend toward centralization, likening it to the cloud provider and search engine markets.  “Count up on the fingers of one hand how many cloud providers we have in the US, and in even…

Rapidly growing distributed ledger technologies (DLTs) have recently received attention among researchers in both industry and academia. While a lot of existing analysis (mainly) of the Bitcoin and Ethereum networks is available, the lack of measurements for other crypto projects is observed. This article addresses questions about tokenomics and wealth distributions in cryptocurrencies. We analyze the time-dependent statistical properties of top cryptocurrency holders for 14 different distributed ledger projects. The…

Big Eyes Coins are making all the noise in the crypto market, the project is forefronting the meme space as we speak! The question is – are you in yet? As it comes out of presale, Big Eyes Coin (BIG) announced that it will list on Poloniex CEX, and Uniswap, as well as OKX DEX compatibility. So, what else does the future have for it? Big Eyes Coin: Centralized Exchange Listings The interest in Big Eyes Coin and the power its community carries cannot be questioned, as it raises a whopping $46 million after 15 successful…

The goal of centralized and decentralized finance is to allow the usage of cryptocurrencies Centralized Finance: CeFi is a type of finance in which a single body or institution is in charge of overseeing and governing the financial system’s activities. This entity is often a bank, government, or other significant financial institution that establishes the system’s rules and regulations. Pros of CeFi Speed: Because all activities are performed in a single, centralized place, Centralized Finance systems are typically…

Michael del Castillo / Forbes: An interview with reclusive Bitcoin programmer @Fiatjaf on building the Nostr protocol to offer an alternative to Twitter and other centralized social media — Disenchanted with social media options like Twitter, the reclusive Bitcoin programmer tells Forbes how he designed his chat … Michael del Castillo / Forbes: An interview with reclusive Bitcoin programmer @Fiatjaf on building the Nostr protocol to offer an alternative to Twitter and other centralized…

Cryptocurrencies have been forced to re-strategize amidst a rise in unfavorable regulatory frameworks in the United States. Reacting to the change in the regulatory environment, Gemini has announced that it has ‘big plans’ for the Asia region. The move comes at a time when centralized exchanges are enduring declining customers as many crypto traders migrate to decentralized and hybrid exchanges like Uniswap and Tradecurve.io. Gemini Looks Out of the United States Over Regulatory Uncertainty Gemini, a cryptocurrency…

After experiencing ups and downs and being severely impacted by FTX, the cryptocurrency market is turning green in 2023. On a good note, the crypto market successfully finished the first quarter of Q1. Cryptocurrency has grown significantly since the start of the year, rising by 48.9% from a total market worth of US$831.8B on January 1 to US$1.238T on March 31. Although it wasn’t always easy sailing, this run helped to make up for losses caused by the collapse of FTX. In light of this many individuals started showing…

A summary of dataset distribution techniques for Federated Learning on the CIFAR benchmark datasetFederated Learning (FL) is a method to train Machine Learning (ML) models in a distributed setting . The idea is that clients (for example hospitals) want to cooperate without sharing their private and sensitive data. Each client holds their private data in FL and trains an ML model on it. Then a central server collects and aggregates the model parameters, thus building a global model based on information from all the data…

Cosmos (ATOM) powers blockchain ecosystems that scale and inter-operate. The Cosmos (ATOM) team wants to create a network of blockchains that can communicate in a decentralized manner. While the price of Cosmos (ATOM) has dropped by almost 1.5% in the last week, an unprecedented rise could be on the horizon. Polkadot (DOT) was designed for blockchains so they could transact and exchange messages with each other without the need for a trusted third-party. Polkadot (DOT) also allows for cross-chain transfers of assets…

Web3 sector needs stricter regulation to ensure that these technologies are used in a fair manner As the Crypto and Web3 industry continues to grow and mature, regulation can no longer predominantly be done through enforcement actions. Instead, the industry should move toward a regulatory and legislative framework that recognizes the potential and importance of digital currencies and applications like decentralized finance (DeFi), a term used to describe a variety of financial services that can be conducted without the…