Since the introduction of NFTs, there has been a wide range of reactions to these digital tokens. NFT enthusiasts believe they add value to previously unprofitable ventures, whereas those skeptical of this new technology believe it is inefficient and...
The phenomenal growth of the cryptocurrency industry over the last two years has piqued the interest of many investors and observers. While many see the crypto market as a lucrative opportunity to make quick money, others have been more...
Blockchain-based distributed ledgers work by connecting a chain of electronic records, each of which is linked to the one before it. Each new set of entries, or "block," is completed and time-stamped with a hashtag only after passing through...
The blockchain industry has grown exponentially over the last ten years. What began as a whitepaper in 2008 by Satoshi Nakamoto has evolved from the first L1-BTC blockchain to the arrival of the now dominant Ethereum, which captured the...
Bitcoin, the first blockchain network, was created to facilitate seamless, instant peer-to-peer payments. Twelve years on, the blockchain space has evolved with the creation of several other blockchains, each with its own underlying technology. As is often the case...
The widespread use of cryptocurrencies skyrocketed in 2021. As a result, non-fungible tokens (NFTs), decentralized finance (DeFi), and Bitcoin (BTC) reached new all-time highs and became more popular. The market capitalization of the crypto industry was also over $2...
Web3 embraces the concept of decentralization, meaning users, rather than a few mega-corporations, should develop, use, and own valuable resources on the internet Unlike the traditional web (Web2), which places power in the hands of corporations, Web3 puts power...
Ethereum is famed as "the blockchain" for smart contracts and decentralized apps (dApps). Often utilized as the foundation for several high-power DeFi and NFT projects, it is safe to say that Ethereum has had a massive influence on the...
Web3 is changing the way things are done in various industries, particularly in terms of business models and the system of data collection and usage. Various organizations are researching ways to incorporate this innovative technology into their business model...
The crypto space rose to prominence for numerous reasons, one of which was the element of anonymity. Because cryptocurrencies provide some level of anonymity, many people prefer to use them to make payments, send funds, and conduct other transactions. ...
