Mapping the World of Cryptoeconomics: Exploring the Interplay between Game Theory and Cryptocurrency Technology
Game theory is fundamental to the development of distributed digital currencies like Bitcoin and plays an essential role in creating the eco-system of such blockchain protocols. The utilization of game theory helps in examining the behavior of people based on rational decision-making, offers explanations for their strategic activities and helps users understand the potential outcomes of their actions in...
Unlocking the Secrets of the Volume-Weighted Average Price: A Comprehensive Guide to Utilizing the VWAP for Trend Confirmation and Risk Management
Technical indicators are important tools in financial market analysis. Some aim to reflect the market’s momentum, while others may be used to identify points on the chart where prices may reverse. Volume– arguably the most fundamental indicator - can be used to measure the strength of a trend, identify liquidity points and for many other strategies. However, to incorporate...
Exploring the Pros and Cons of Blockchain Technology: An Unshakable Revolution in Trustless Systems?
Blockchain technology is revolutionizing how people store, transfer and manage data. A blockchain is a peer-to-peer (P2P) distributed digital ledger technology used to record and store information in a chronological and tamper-proof way. It functions as a distributed database that is replicated in many places at once, and is connected through cryptographic proofs. While its decentralized nature offers a...
Exploring the Possibilities of the Sustainable and Secure Proof of Burn Blockchain Mining
Proof of Burn (PoB) is a consensus algorithm for verifying and validating transactions on a blockchain network. It’s being tested as an alternative to both the Proof of Work (PoW) and Proof of Stake (PoS) algorithms, as PoB presents a more sustainable approach with reduced rates of energy consumption. The PoB algorithm was proposed by Iain Stewart in order...
Understanding and Trading the Most Potent Chart Patterns – The Golden Cross and The Death Cross
Crossover signals like golden cross and death cross can be used as reliable tools to help identify trend reversals. Crossover signals are based on the comparison of the short-term and long-term moving averages of a security or index. A golden cross happens when a short-term moving average crosses above a long-term moving average, while a death cross occurs when...
