Masa Finance Brings Soulbound Tokens to Ethereum. Here’s What to Know

To Ethereum Co-Founder Vitalik Buterin and his cult-like following, Soulbound Tokens (SBTs) are the future. Proposed by Buterin and his fellow authors via a white paper entitled “Decentralized Society: Finding Web3’s Soul,” the vision of SBTs is for a fully decentralized society (DeSoc) to make use of non-transferable identity and reputation tokens. Yet, for most, a…

Blockchain 51% Attacks: What to Know to Stay Safe

While undoubtedly complex and necessary for the world of crypto and NFTs, the ideas that underpin and connect to blockchain technology are relatively simple to understand. One of its most important concepts is the so-called “51 percent attack:” an almost unrivaled threat to decentralized technology (and the crypto industry it supports). To understand what that…

Behind the Crypto Hype Is a Mentality of Extreme Social Change

Ads for blockchain, NFTs and cryptocurrencies like Bitcoin seem to be everywhere. Crypto technologies are being promoted as a replacement for banks; a new way to buy art; the next big investment opportunity, and an essential part of the metaverse. To many, these technologies are confusing or risky. But enthusiasts ardently promote them. As a…