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![Banking vs Bitcoin: The Similarities Between Banks and Exchanges](https://web3fits.com/wp-content/uploads/2023/02/Bitcoin_centralization.png)
Banking vs Bitcoin: The Similarities Between Banks and Exchanges
Centralized crypto exchanges, such as FTX, have become increasingly popular in recent years as a way for people to buy, sell, and trade cryptocurrencies. However, these centralized exchanges have little to do with the decentralized nature of cryptocurrencies...
Ethereum 2.0: The Transition from Proof of Work to Proof of Stake
Ethereum, the world’s second-largest cryptocurrency by market cap, is about to undergo its most significant update since its creation in 2015. The transition from Proof of Work to Proof of Stake is a pivotal moment in crypto history as Ethereum strives to achieve its...
What is a Crypto Wallet? And Why You Need One
“Not your keys, not your crypto” is a phrase that has been rattling all the corners of the Web3 space in recent months… but what does it actually mean? To understand this, we must take a trip back to the year 2009. In 2009, a set of nameless engineers under the alias...
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