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. ...
Despite the declining value of Bitcoin and the prolonged bear crypto market, Fantom- a next-generation blockchain platform- continues to dominate the spotlight and outperforms other early blockchain-based cryptocurrencies. Fantom is a highly scalable and fast solution for securing consensus...
Different blockchains are suffering from a lack of scalability, which limits their efficiency. Blockchain users expect transactions to be completed quickly and without error. Transaction speed is usually slow in chains with poor scalability, and gas fees are high....
People use cryptocurrencies for a variety of reasons, among the most important of which are privacy and anonymity when conducting transactions. These are some of the ways in which the Decentralized Finance (DeFi) space differs from traditional finance (TradFi). ...
Scalability is a recurring problem in some blockchains, resulting in congestion, high gas fees, and slow transaction speeds. Scalability refers to how much a network can expand without sacrificing transaction output or speed. Some blockchains, such as the formerly...
Blockchain is a cutting-edge technology that is transforming numerous industries. It is the birthplace of many innovations, such as smart contracts, decentralized finance, NFTs, Decentralized Autonomous Organizations (DAOs), and Play-to-Earn (P2E) games, among others. Multiple sectors are benefiting from...
