Decentralization is something that has been widely discussed all over the globe these past few years. Ever since Bitcoin was first created in 2009, the crypto currency market has been growing steadily and with it, there has been more and more opportunity for building the long-awaited dream of a decentralized society and decentralized digital network.
Decentralization, for those of you unfamiliar with the term, refers to something that does not belong to any singular authority. For example, a country is centralized because its authority comes from one place, the government, which is a center. An online platform, such as CoinLinked.com which is currently dually centralized and decentralized is continually making progress to shift their social platform toward decentralization. So instead of storing all information in one single center, it spreads out the info all across the world, to its users. If you post something to a decentralized network, it is permanent, you cannot take it down afterwards as you would on a normal platform.
Jenny Q. Ta, the founder and CEO of CoinLinked (and an extraordinarily successful businesswoman and self-made millionaire), obviously has great faith in decentralization although currently the platform is both dually centralized and decentralized the path for the platforms future heads towards decentralization.
CoinLinked, which launched only a handful of weeks ago, takes all the good aspects of a centralized marketplace, chiefly the security that offers, and combines it with the freedom of speech (censorship on a decentralized platform is difficult, if not downright impossible).
According to its founder, CoinLinked is “connecting the traditional marketplaces of today with the digital currencies of tomorrow.” Through CoinLinked, users from all across the globe get to use their crypto currencies to pay for goods and essentials. It is a liberating, not to mention international and futuristic experience. At present, the only crypto currencies that can be used on CoinLinked are Ethereum and the ever-popular Bitcoin, the two top-most crypto currencies on the market, but as the platform grows, Jenny Q. Ta plans to add more and make CoinLinked more and more inclusive for smaller coin-holders.
CoinLinked also rewards members for their creative endeavors and has the potential of generating passive revenue for the content shared and created by its users. This, in itself, is a phenomenal concept and a complete game-changer for freelancers and particularly for artists.
A blockchain that offers you crypto compensation for your art, your poetry or your music has so much potential and promises to eliminate the middleman, such as a producer. This type of blockchain that Jenny Q. Ta is creating can connect the creator to his audience much more easily.
But will crypto currency replace traditional money?
According to Jenny Q. Ta, this is one of the most common misconceptions that she hears about blockchain technology on a day-to-day basis. This is wrong because as the world around us becomes more and more digitalized, coinage should not be an exception. Since much of our interaction has extended to the online world, it only stands to reason that we would want to take our money with us and adapt it to the digital medium. However, that does not mean we no longer interact in person, at least not within the immediate future or decade nor will crypto mean that traditional money is a thing of the past. This is simply adaptation in a digital world, to a future of options of how we can transact.
Vienna Calling – One Of Europe’s Finest Fashion Influencers
Home Care LINK Helps Keep Loved Ones at Home
Digital Means of Entertainment are Rapidly Replacing the Traditional Sources of Entertainment
Sauceman Keys To Debut The 1st Single From “The Art Of Trap” on Halloween
Esports Professor Jimmy Baratta Shows Us How to Make it in the Industry
Caroline Adegun of The Hollywood Wingwoman Providing a Support Structure for Struggling Creatives
Best Money Tips as Shared by Experts
Ricky Andrade, a Big Name in Forex Trading
The Looming and Unavoidable Women’s Health Crisis
BlackPink, a South Korean girl group, is Collaborating with PewDiePie for a New Kpop Trap Genre Song
Christie Smith is Unleashing Art in Laguna Beach
Artist Josh Chesler Puts his Creative Spin on Custom Sneakers
Safe Path Advisors Is Not Safe For Debt Consolidation
The Indonesian EDM Artist, Amalia Kadis released an album
A Man Who Stands for Hip-Hop – The Story of Platinum J
Dr. Ourian Shares the Truth About Acne Scars!
Health8 months ago
Royal CBD Launches New Line of Products to Take Away all the Pain People Suffer
Health4 weeks ago
The Looming and Unavoidable Women’s Health Crisis
Business11 months ago
Could the cure for Herpes be just what the Doctor ordered for Synergy Pharmaceuticals?
Entertainment1 year ago
Garena Free Fire Anniversary Update has Everything New
Business2 months ago
Discover how Brother Ben X Digital Real Estate program helped another Black Man make $9000 in a single month
Business1 month ago
Mickael Daussy: One of the Best Trader is Changing the Definition of Entrepreneurship
Cannabis12 months ago
More Online Stores Selling CBD Products are Opening these Days
World7 months ago
How Gym Franchises Like Fit Body Boot Camp Are Adapting to Survive Covid-19