Blockchain's greatest strength is its self-sufficiency, yet it is also its greatest weakness. The closed nature of blockchain technology makes it unsuitable for applications requiring real-time access to off-chain data. Hence, the incredible technology is almost useless for mainstream...
Before the introduction of the Ordinals protocol, Bitcoin was largely regarded as a ‘boring’ blockchain. Since its inception in 2009, the pioneer blockchain has focused on serving as a peer-to-peer system for value exchange, aligning with the original vision...
Pudgy Penguins is another NFT project that has captured the crypto community's attention, similar to big players like CryptoPunks, Bored Ape Yacht Club, and Azuki. This project has a rather interesting story of rising, falling and rising again within...
DeFi has thrived on certain blockchains, such as Ethereum and Solana, but not on Bitcoin, primarily due to Bitcoin's limited support for complex smart contracts. The Taproot Upgrade in November 2021 was a concerted effort to demonstrate that...
The DeFi sector is rapidly growing, and there are many developments happening at the same time. As a result, it can be challenging to stay informed and keep up with the latest happenings in the space. This makes it...
The potential applications of the metaverse concept blur the boundary between real-life experiences and virtual spaces. It extends real-life experiences, enabling users to use avatars to shop, trade real estate, construct homes, work in virtual offices, play games, socialize,...
Non-fungible tokens (NFTs) have brought about a transformative shift in the digital art and collectibles domain. Just like how Bitcoin was perceived as the revolutionary solution for digital currency on a global scale, NFTs are now positioned as an...
Crypto is silently experiencing a seismic shift with the surge of NFT owners and developers migrating from Ethereum to Bitcoin. The move seems driven by the wave of innovation, hype, and experimentation surrounding Ordinals, a new type of NFTs...
In its 2023 Annual Economic Report, the Bank of International Settlements (BIS) introduced tokenization as the next evolution in digital assets and finance. It also ran the jury on crypto and DeFi, pointing to how both have offered a...
Many NFTs available on the market today are considered "static" because their metadata remains fixed once created on a blockchain. This static nature prevents NFTs from continuously updating real-world data, such as holding time, market value, and transaction information....
