The Daily Leo | The Rise of Decentralized Alternatives
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The Rise of Decentralized Alternatives
In a world where centralized systems have long been the backbone of governance, finance, and technology, a growing number of individuals and organizations are gravitating toward decentralized alternatives. This shift shows a collective desire for autonomy, transparency, and self-caution against single points of failure. This is also strategically revolutionizing the financial technology (FinTech) sector. There is a growing number of blockchain-powered networks and community-driven ecosystems. Indeed, decentralization is no longer just a niche concept; it is becoming a transformative force reshaping industries. This compilation spotlights the rise in patronage of Hardware Wallet Trezor and INLEO's latest integration of Keystore wallet signup option for Hive. The featured content are worth your reading time.
Hardware Wallet Trezor Records Peak Demand as Bitcoin Nears $100K
Trezor, a leading hardware wallet provider has recorded a 600% surge in weekly sales as Bitcoin approaches the $100,000 milestone. The rise in demand for hardware wallets like Trezor is attributed to investors moving Bitcoin off centralized exchanges. Investors are increasingly focused on self-custody of their digital assets, driven by factors such as the Bitcoin halving, macroeconomic policies, and optimism surrounding regulatory support for cryptocurrencies. The highest single-day sales for Trezor were recorded on November 22, 2024, when Bitcoin reached $99,645. The shift toward self-custody is a growing trend in the cryptocurrency market, with other hardware wallet providers also experiencing increased sales as Bitcoin's price continues to climb.
Web 3.0: The Construction of the Global Brain
Web 3.0 is the next phase of human evolution, integrating technologies like AI, BCI, and robotics. The global brain theory consists of components of organicism, encyclopedism, and emergentism. Distribution is key for the global brain, and blockchain plays a crucial role in enabling this. Democratized data through blockchain is essential for a distributed singularity, contrasting centralized systems. Thus, the global brain encompasses fields like finance, news, sports, and more, controlled by collective human actions. Moreover, technologies like the semantic web, recommend engines, and BCI all contribute to the global brain's development. Collaboration and collective action are necessary to shape the future of the global brain and Web 3.0. Are you ready?
Pocket FM Expands its Content Catalog with AI Support
Pocket FM, an audio platform with 200,000 hours of content available for download from the Google Play Store and the App Store, is expanding its content catalog with the support of Artificial Intelligence to achieve rapid and scalable growth in creating more robust stories and reaching a mature audience. The catalog aims to cover a wide range of genres and subgenres to reach a mature audience, like adults. Pocket FM AI helps simplify complexities in adapting stories to different regions, although challenges like hallucinations in context understanding persist. The creative assistant in Pocket FM aids writers in generating alternative stories or plot ideas, potentially enabling daily episode publication. Writers may also learn new styles through AI processing on Pocket FM, The company is exploring the balance between AI assistance and maintaining the inherent creative quality of writers.
INLEO integrates Keystore Wallet for Hive Account Creation
The INLEO team has successfully integrated the Keystore wallet into Hive for account creation and other use cases. Keystore wallets store private keys of crypto wallets. With the Keystore wallet signup option now live, new users can create a Hive or INLEO account using a new Keystore, or an existing Keystore, or recover Keystore from phrase. Steps to create a new Keystore wallet include generating keys, saving backup phrase, and personalizing profile. INLEO dynamically delegates resource credits to new signups based on activity. With this development, you've got no excuse not to own a decentralized social media account.
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Posted Using InLeo Alpha