Svyatoslav Dorofeev is the CEO of the technology company TheWatch.
__________
When we talk about crypto and blockchain, one of the first things that come to mind is decentralization. We love the idea of a system that works without any central authority or a single point of failure. But as it turns out, most crypto apps and wallets you know and use rely on centralized providers for their backend stack.
While blockchains themselves are praised for the decentralization they created, and many protocols are rated by how decentralized they are, most crypto apps you know and use actually have to rely on centralized providers. These services run their own nodes to connect to the blockchain and in turn provide an API (application programming interface) to their customers.
The thing is, there aren't really any good reasons for this other than wallet apps. As crypto is getting closer than ever to consumers and finally expands into even ecommerce companies realize their backend stack now needs...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...