The Importance of Decentralization

The Importance of Decentralization

We see decentralized cryptos all over the place, but what makes decentralization so important to the crypto world? Let's take a closer look at the meaning of decentralization and how it applies to blockchain technologies.


Building the Future with Crypto

29 Apr 2021 2 minute read 1 comment Gongo

Cryptocurrencies have been long sought-after and debated, but finally people are beginning to realize the true benefits that they already have and potentially could have for the future of finance.  We aren't living in a realm where die-hard traders...

China - Crypto Mining Domination & Downfall

27 Apr 2021 4 minute read 17 comments Gongo

We are in the middle of a crypto mining gold rush, comparable to the actual California Gold Rush back in the mid-1800s.  We aren't digging into the earth anymore to find this gold anymore though.  This new gold, called cryptocurrency, is found throu...

Top 3 Reasons for a Crypto Wallet!

26 Apr 2021 3 minute read 8 comments Gongo

You've seen the countless advertisements saying you can get free crypto if you sign up for a cryptocurrency exchange account.  You jumped on board and went through the verification steps.  You took a few quizzes, passed some tests, and now you own y...

What Does Decentralization Mean to You?

25 Apr 2021 2 minute read 4 comments Gongo

Decentralization is, amongst many others, one of the main reasons why crypto peaks the interest of the everyday traders and consumers.  The idea that truly owning your currency is something that shouldn't be passed up.  Generally, big banks and gove...

How Media Drives Crypto

17 Apr 2021 2 minute read 0 comments Gongo

Over 80% of Americans consume their news through their smartphones on news websites and social media platforms.  Given that crypto is on every major news outlet now and every social media platform, it's safe to say that media outlets have an influen...

Bitcoin vs Ethereum - What's the Difference?

15 Apr 2021 3 minute read 0 comments Gongo

  vs  It's hard to think about crypto without Bitcoin or Ethereum coming to mind first.  I mean, it's pretty much the only thing the media talks about in regards to crypto.  Both ranked #1 and #2 respectively with market cap, Bitcoin and Ethereum do...

Coinbase Goes Public - A Brief Overview

14 Apr 2021 3 minute read 0 comments Gongo

+  =   Coinbase went public on the Nasdaq Stock Exchange today.  This is a giant leap for the world's leading cryptocurrency exchange platform.  They did this via a direct listing.  A direct listing is where no new shares are issued or sold, but ra...

Decentralization - Why Is It Important?

11 Apr 2021 2 minute read 0 comments Gongo

Decentralization surrounds us in the digital marketplace.  It allows us to break free from the chains of societal norms and freely trade amongst one another without the need for a centralized bank or government.  By freely trade, I mean it allows any...