Oligopolies often have strict market parameters that prevent new players from entering the market, which limits competition. In an oligopoly, no one firm dominates the market. Instead, two or more firms share access to the market, which often leads to higher prices and less industry innovation.
Gold was a popular medium of exchange in the past, and it was super effective as a store of value. Although many things have changed, financial analysts and investors are still interested in the gold standard.
With the advent of blockchain technology, another technology has gained popularity: smart contracts. A smart contract is a self-executing contract in which the contents of the agreement are written directly into the lines of code.
Ethereum killers are alternative open-source blockchains that seek to solve Ethereum’s current shortcomings, like exorbitantly high gas fees and the low number of transactions per second the blockchain is able to process.