Tag: ethereum

  • I tried to buy an Olive Garden NFT. All I got was heartburn.

    I tried to buy an Olive Garden NFT. All I got was heartburn.

    I wanted to plunk down my $20, but OpenSea didn’t accept credit cards. I would need to buy some of the cryptocurrency Ether to complete the transaction. Okay! I’m game. Ether in hand (or wallet, more precisely), I went back to OpenSea and tried to make a purchase. Except by the time I was ready, […]

  • Chinese NFT platforms don’t want you to trade NFTs anymore

    Chinese NFT platforms don’t want you to trade NFTs anymore

    However, there’s always been a sense of uncertainty in the industry: as with all young tech creations that don’t fit into traditional regulatory frameworks, the countdown started early for when the Chinese government would step in. Since 2017, China has maintained a hard stance against crypto unparalleled around the world. The Chinese financial and cyber […]

  • Ethereum’s big switch to proof of stake, explained

    Ethereum’s big switch to proof of stake, explained

    In Bitcoin’s proof of work, that investment is hardware. Roughly every 10 minutes, Bitcoin miners compete to solve a puzzle. The winner appends the next block to the chain and claims new bitcoins in the form of the block reward. But finding the solution is like trying to win a lottery. You have to guess […]