• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Monday, May 29, 2023
Ector County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Technology Crytpocurrency

53% Of Americans Think Crypto Will Be ‘the Future Of Finance,’ Poll Finds – Canada NewsWire

by NewsReporter
March 29, 2022
in Crytpocurrency
53%-of-americans-think-crypto-will-be-‘the-future-of-finance,’-poll-finds-–-canada-newswire
Share on FacebookShare on Twitter

, /CNW/ — A majority of Americans are convinced that cryptocurrency will be “the future of finance,” according to a new opinion poll.

Some 53% of respondents in the national survey subscribed to this view. Among the 25 to 34 age group the figure was as high as 68%, and among 35 to 44-year-olds it was 61%.

Results from a survey conducted by StarkWare to mark the launch of StarkNet

Results from a survey conducted by StarkWare to mark the launch of StarkNet

Results from a survey conducted by StarkWare to mark the launch of StarkNet

Results from a survey conducted by StarkWare to mark the launch of StarkNet

Bringing blockchain to all: (left to right) Uri Kolodny and Eli Ben-Sasson, co-founders of StarkWare. The company has built StarkNet, a platform that is expected to make crypto apps ‘as widespread as smartphone apps’ (Natalie Schor / StarkWare)

Bringing blockchain to all: (left to right) Uri Kolodny and Eli Ben-Sasson, co-founders of StarkWare. The company has built StarkNet, a platform that is expected to make crypto apps ‘as widespread as smartphone apps’ (Natalie Schor / StarkWare)

StarkNet, the platform that will make blockchain accessible to all. An illustration of the technology and its key benefits.

StarkNet, the platform that will make blockchain accessible to all. An illustration of the technology and its key benefits.

Results from a survey conducted by StarkWare to mark the launch of StarkNet Results from a survey conducted by StarkWare to mark the launch of StarkNet Bringing blockchain to all: (left to right) Uri Kolodny and Eli Ben-Sasson, co-founders of StarkWare. The company has built StarkNet, a platform that is expected to make crypto apps ‘as widespread as smartphone apps’ (Natalie Schor / StarkWare) StarkNet, the platform that will make blockchain accessible to all. An illustration of the technology and its key benefits.

Almost one in five respondents — 17% — said they have invested in cryptocurrency, and the proportion rises to 28% among the 25 to 34 demographic.

Those who have invested are constantly checking and adjusting their assets. Some 82% have at least one crypto tracker on their phone. Exactly half of them say they “fiddle or amend” their holdings daily, and 27% of investors do so several times a day. Only 14% of those with active crypto holdings let a week pass without making changes.

“This poll shows how widespread crypto has become, while indicating just how huge it will soon become,” said Eli Ben-Sasson, co-founder and president of StarkWare Industries, which commissioned the research.

“We see that young Americans, those who will soon shape the economy, are especially tuned in to crypto. It’s an important insight that they are investing in large numbers, and overwhelmingly convinced crypto will be ‘the future.'”

StarkWare commissioned the poll to mark the launch of the new StarkNet platform, which aims to make it easy and cost-effective for developers to build blockchain apps — a key requirement to make crypto part of everyday life for the general public. Until now, crypto app rollout has been slow because a crisis surrounding blockchain’s bandwidth has acted as a deterrent.

Uri Kolodny, co-founder and CEO of StarkWare, commented: “We wanted to research public opinion as we launch StarkNet, to get a sense of how much the general public expects to use crypto over the coming years. The results are exciting, but also unsettling.

“They highlight huge enthusiasm for crypto, and show that blockchain is creaking under the weight of current use. Unless we start to work smarter, blockchain simply won’t be able to cope with growing demand.”

StarkNet is a platform for developers to create crypto apps, initiated by StarkWare and due to be fully decentralized so that in the future it is owned by everyone and no one, like the internet.

StarkNet uses an advanced math-based compression system so that apps can be fully secured by the Ethereum blockchain while only a fraction of their information is actually added to the chain. In blockchain jargon it is known as a Layer 2.

Transaction fees, which rise based on a supply-and-demand formula as blockchain use increases, are sharply reduced. These fees have prevented the development of crypto apps for many everyday uses, and Kolodny predicts that making them tiny, StarkNet will lead to “a building boom on blockchain and make crypto apps as widespread as smartphone apps”.

The poll showed that environmental concerns over blockchain are widespread. Just over a third of respondents (34%) said that reducing the carbon footprint of cryptocurrency is important to them, and would make them more inclined to use it. For the 25 to 34 and 35 to 44 age groups, the figure rose to 49% and 39% respectively.

Asked about non-fungible tokens, NFTs, some 38% of respondents said they would be “excited” to use them if they were sustainable. Among people aged 35 to 44, 52% were excited by the prospect of sustainable NFTs.

Kolodny commented: “We expected to detect concern over crypto’s carbon footprint per transaction, and enthusiasm for reducing it — but not to the massive levels we found.

“We were pleasantly surprised that people seem to understand the environmental challenge of crypto.

“StarkNet represents one of the most important steps so far on the road to making blockchain more sustainable. Our scaling tech massively reduces the electricity use per transaction, and will complement other initiatives that are underway to address crypto’s overall environmental impact. The power normally used to mint a single NFT can cover the minting of around 12,000 via StarkNet.”

StarkNet is called a Layer 2 scaling solution because it conducts the computation for transactions away from the blockchain (“Layer 1”), and then submits a large batch of transactions to the chain via a single concise proof. Powered by a mathematical system called STARK, co-invented by Ben-Sasson and other researchers, it retains all the security benefits associated with transacting directly on Layer 1.

Contact:

[email protected]

+972 52 685 2055

For media kit click here

About StarkNet

StarkNet is a platform that enables any developer in the world to build blockchain apps that are highly scalable. It was built by StarkWare Industries, a four-year-old software company. StarkNet is based on a class of cryptographic technologies, known as STARK proofs, which was invented by StarkWare co-founder and president Eli Ben-Sasson, with other computer scientists.

In more technical language StarkNet is a general purpose composable Validity (‘ZK’) Rollup. StarkNet has been deployed on a public testnet since June 2021, supporting permissionless deployment of tens of thousands of contracts. StarkNet Alpha has been live on Ethereum Mainnet since Nov 2021, and has attracted the attention of thousands of developers worldwide.

About the survey

The survey, conducted by OnePoll, questioned a national sample of 2,000 American adults.

Photo – https://mma.prnewswire.com/media/1775757/StarkWare1.jpg

Photo – https://mma.prnewswire.com/media/1775758/StarkWare2.jpg

Photo – https://mma.prnewswire.com/media/1775769/StarkWare3.jpg

Photo – https://mma.prnewswire.com/media/1775770/StarkWare4.jpg

Logo – https://mma.prnewswire.com/media/1775686/StarkWare_Logo.jpg

SOURCE StarkWare

rt

Related Posts

owner-of-brazil’s-largest-crypto-exchange-plans-to-launch-quantitative-trading-service-–-coindesk

Owner Of Brazil’s Largest Crypto Exchange Plans To Launch Quantitative Trading Service – CoinDesk

by NewsReporter
April 14, 2022
0

Paulo Alves is a crypto editor at InfoMoney, a leading financial news publication in Brazil. This article is part of CoinDesk Brasil, a partnership between CoinDesk and InfoMoney, one of Brazil's leading financial news publications. Follow CoinDesk Brasil on Twitter.2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange...

crypto-market-rises-amid-‘altseason’-hopes,-some-bitcoin-whales-selling-–-cryptonews

Crypto Market Rises Amid ‘Altseason’ Hopes, Some Bitcoin Whales Selling – Cryptonews

by NewsReporter
April 14, 2022
0

Source: Adobe/joyfotoliakidFollowing heavy selling earlier in the week, the crypto market moved higher on Thursday on boosted sentiment in stocks. However, some on-chain metrics could be a cause of concern for bitcoin (BTC) investors.At 10:05 UTC, BTC stood at USD 41,215, up almost 3% for the past 24 hours and...

russia:-only-industrial-players-may-be-allowed-to-mine-bitcoin-&-crypto-–-cryptonews

Russia: Only Industrial Players May Be Allowed To Mine Bitcoin & Crypto – Cryptonews

by NewsReporter
April 13, 2022
0

Source: Adobe/agnormarkThe chief architect of Russia’s crypto legislation has suggested that only industrial miners could be allowed to continue operating after the country unveils its long-awaited legislation for the Bitcoin (BTC) & crypto sector in this aggressor state.Anatoly Aksakov, a senior MP and the State Duma’s Chairman of the Committee on Financial...

cops-struggle-to-keep-up-with-‘staggering’-levels-of-crypto-seizures-–-insurance-journal

Cops Struggle To Keep Up With ‘Staggering’ Levels Of Crypto Seizures – Insurance Journal

by NewsReporter
April 13, 2022
0

One spring day in a village just west of London, residents saw a man being muscled into a car in front of a nearby house. He reappeared with cuts and bruises 13 hours later, but the cops had already discovered the house was a cannabis-growing operation. A separate search of...

Ector County News Online

© 2021 Ector County News Now

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Ector County News Now

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT