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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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  • Home
  • Crypto
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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    Ethereum Collections Lead NFT Sales Today

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    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    Crypto Scammer Gets Prison Time for Swiping NFTs, Coins via Hacked X Accounts

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    CryptoPunks price surges to $200k, $PUNKS loaner Gondi accused of facilitating chandelier bids

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

    You Can Now Buy NBA Top Shot NFTs From Vending Machines in Japan

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    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    Early Off the Grid Skin Holders Are Cashing In – Will You?

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    A Pressure Group Forced Steam to Remove Adult Games. It’s Coming After Crypto Next

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    NFTs Stage a Summer Comeback: Blue-Chips Reclaim Spotlight in July Rally

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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Home Blockchain

The Future of Blockchain is Beyond Bitcoin: Enter Kaspa and Convex

June 29, 2024
in Blockchain
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The Future of Blockchain is Beyond Bitcoin: Enter Kaspa and Convex
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Uphold’s Head of Research, Dr. Martin Hiesboeck, has criticized Bitcoin maximalism and advocated for a more open-minded approach to blockchain innovation, highlighting the potential of emerging technologies like Convex.

READ ALSO

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In a recent X post, Hiesboeck highlighted Bitcoin’s limitations, describing it as an outdated and potentially flawed technology. He noted that while the blockDAG model addresses blockchain trilemma issues, it still relies on a sequential order of blocks and transactions.

Here is an explanation of why I think being a maximalist for anything including $KAS is dangerous.

We now recognize #Bitcoin is a very limited, and perhaps flawed and ultimately doomed old technology. We hail the #blockDAG as the holy grail that solves the blockchain trilemma.…

— Dr Martin Hiesboeck (@MHiesboeck) June 27, 2024

In light of this, Hiesboeck introduced Convex, an emerging technology that employs a lattice system for security, scalability, and decentralization. He stated:

“What if I told you there is a technology that doesn’t care when and where a block is created and can always process it no matter how it enters, not the blockchain but the Lattice.”

Convex’s two-layer system includes a global state lattice for consensus and a scalable storage layer using content-addressable storage and Merkle DAGs. This setup allows for unlimited off-chain storage, potentially advancing technologies like Kaspa.

Hiesboeck acknowledged that Convex is still in development and its efficacy has yet to be proven in real-world applications, much like Bitcoin and Kaspa during their early stages. He added that artificial intelligence holds the potential to create more innovative solutions in the future, asserting that the ongoing blockchain evolution could discourage maximalism.

See also  Mining New Bitcoin Is More Difficult Than Ever. Here's How it Could Impact BTC Prices

Hiesboeck further questioned whether Convex might ultimately surpass Kaspa in functionality, envisioning a future where smart contracts on KAS fail to deliver while lattice computing chains dominate the blockchain landscape. He also pondered the potential for artificial intelligence to disrupt the industry with even more groundbreaking solutions.

Ultimately, Hiesboeck’s message resonated with a call for the crypto community to move beyond token price fixation and embrace a broader, collaborative vision for the future of blockchain technology. He championed a multichain approach, emphasizing the importance of technological diversity and cooperation in driving innovation and ensuring the long-term growth of the entire ecosystem.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Tags: BitcoinBlockchainConvexenterFutureKaspa

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