Confidence in a network’s decentralization is critical to a cryptocurrency’s value. Public blockchains remove the need for mutual trust between participants because everyone independently audits every transaction.
Software vulnerabilities continue to be a red flag issue in crypto community. Not long ago, the top-five cryptocurrency EOS network experienced a vulnerability right in the dawn of its development. The same thing happened to Ethereum when a series of Distributed Denial of Service (DDoS) attacks led to a significant delay in the operation of the nodes.
The cryptocurrency-trading startup rose from obscurity to become the first billion-dollar company of the Bitcoin boom. Now founder Brian Armstrong must prove that Coinbase, along with crypto itself, has the staying power to take on Wall Street.
The report is the first of its kind to take a full look at the current state of the stablecoin market – an under-discussed but increasingly important part of the cryptocurrency ecosystem. And a space where we expect to see significant innovation in the coming years.