Web3 (66)

Blockchain technology has gained significant popularity in recent years due to its potential to revolutionize virtually every industry in some way. However, in order for blockchains to function efficiently, they require trusted and reliable data sources. This is where blockchain oracles come in.

A recent report revealed that crypto scams are up by 45% since 2022. With the sophistication of artificial intelligence and the resulting rise in deep fakes, the crypto community has to remain more vigilant than ever.

Bitcoin (BTC) was the first cryptocurrency to ever be created, and is now the largest by market cap. You can find it on almost any digital currency exchange. While Bitcoin was intended to act as a cur

As the world of cryptocurrencies continues to evolve, understanding the different types of wallets available is crucial for secure and convenient management of digital assets. TL;DR Explore the concept of Web3 wallets

Within the Web3 and blockchain space, non-fungible tokens (NFTs) have gained traction. They offer a unique way for artists, musicians, and creatives to monetize their content. The events industry has also taken notice, using NFTs as tickets for their events.

Blockchain technology has revolutionized how we store, transfer and verify data. One of the key components of blockchain is hashing, which is a mathematical function used to secure the integrity of da

Ever wondered how you can trade cryptocurrencies directly between different blockchains without relying on an intermediary? THORChain makes this possible by allowing seamless, secure swaps across blockchains, all while keeping your assets under your control. Here’s how it works and what it brings to decentralized trading.

In the dynamic world of cryptocurrency trading, decentralized exchanges (DEXs) have emerged as powerful platforms for onchain trading. By eliminating the need for intermediaries, DEXs effectively offer users greater control and flexibility. Among these leading DEXs, a notable one that's been gaining traction in the is Raydium.

Smart contracts are self-executing digital agreements written in computer code that exist on blockchain networks. They've become an essential technology in crypto's continued emergence, being key to the creation and inner workings of .

A beginner-friendly introduction to Bitcoin’s SegWit, including what SegWit is, why it’s important, and what it achieves When Satoshi Nakamoto designed Bitcoin , he stipulated that the capacity of each block should not exceed one million, and the number of transactions that can be recorded in each one million capacity is extremely limited. In the earliest days, the capacity of each block of one million was enough to cope with the transaction volume of the niche market, but when the number of Bitcoin players surged, it became particularly congested.

Prediction markets pose an age old question: are the many truly smarter than the few? With prediction markets like Polymarket and Drift Protocol’s Bullish on Everything (BET) making headlines and gaining popularity, this question is more relevant than ever. Featuring the ability to forecast everything from election results to stock prices, these crypto prediction market platforms allow individuals to trade contracts based on the potential outcome of future events while tapping into the collective wisdom of the crowd. As these markets continue to grow and evolve, they offer a fascinating glimpse into the potential of crowdsourced intelligence.

Imagine a blockchain built for speed and designed to overcome the common challenges of decentralized trading — this is what Sei attempts to achieve. Sei aims to process transactions fast, while still being flexible enough to support everything from trades to gaming and NFTs.

Picture an app that isn't controlled by a single company and allows you to take back control of your data and privacy. This is what decentralized apps (DApps) are all about. Whether for decentralized finance (DeFi), gaming, or social, there’s a DApp for everyone. As such, the technology underpins many of today's most positively disruptive projects.

As one of the original Layer-1 blockchains in the crypto space, Fantom has been through numerous highs and lows since its introduction in 2018. Despite nagging adoption concerns, co-founder Andre Cronje and the non-profit Fantom Foundation have seemingly managed to raise Fantom from the ashes thanks to the hype surrounding Sonic. With its Sonic rebranding, Fantom has managed to position itself as a major contender in the blockchain world thanks to its improved scalability.

Have you heard of the Runes Protocol? It's a unique addition to the Bitcoin environment, providing a fresh perspective on fungible tokens compared to protocols like BRC-20 and Taproot Assets. What makes it so different? Unlike other token standards, the UTXO-structured system incorporated into the Bitcoin network has an added focus on user-friendliness.

If you’re a fan of Elon Musk, you might want to consider adding X Empire to your tap-to-earn gaming collection built on TON . The mini-app features avatars with a likeness to the entrepreneur, alongside other figures from across popular culture that you can buy with your Telegram stars. This includes a muscular , and a Kardashian-esque character.

The fantastic thing about crypto is that developers are always building and coming up with new fixes for existing problems. As the Ethereum network grows, so to does demand for scalable and efficient solutions. Ethereum Layer-2 (L2) scaling solutions are therefore crucial in addressing the network's congestion and high transaction fees. One such L2 that's stepped up to the plate to solve the issue of scalability is Scroll. By leveraging (ZK) rollup technology, Scroll promises to be a zkEVM L2 that marries Ethereum's robust security with lower latency and better scalability.

Put simply, a nonce in crypto is a number that’s used once in a very specific way within the blockchain. Think of it as a unique one-time code that plays a key role in adding new data to the blockchain.In most blockchain networks, including Bitcoin, the nonce helps solve the complex puzzle that allows new blocks to be created. But here’s the thing — you don’t need to be a math whiz or a tech expert to grasp the basics. The nonce is part of how blockchain stays secure, making sure that all the transactions are valid and the network operates smoothly.

Ethereum was one of the earliest open-source projects allowing developers to create and launch decentralized applications ( DApps ). Although there are many positives to the Ethereum network , its architecture comes with challenges. For instance, the network can be prone to bottlenecks during peak times.

Dogecoin , the fun and friendly cryptocurrency, has evolved to be more than just another memecoin. Just as Bitcoin got BRC-20, Dogecoin now has its own token standard, DRC-20. It's like giving Dogecoin a new set of tricks!

Are you tired of boring digital collectibles? If so, now's your chance to add some pizzazz to your collection with BTC digital artifacts. The world of NFTs became much more interesting with the introduction of ordinal theory — a newly emergent protocol that's creating plenty of buzz in 2023. The concept allows each satoshi, the smallest unit of Bitcoin, to be ranked, ordered, inscribed, and individually transferred. But that's not all. Individual satoshis can also be inscribed with unique, immutable data stored entirely on the blockchain.

Automated market makers (AMMs) are a form of decentralized cryptocurrency trading platform that uses smart contracts to enable token swaps and value exchange. Unlike centralized exchanges, this process doesn't rely on order books to determine asset prices. Instead, it uses a mathematical formula to determine prices based on the asset's supply and demand curve.

The Taproot upgrade marked an interesting chapter in Bitcoin’s history when it launched in November 2021. One upgrade the industry is starting to witness more and more of is the network's smart contract capabilities. Taproot is designed to meet the growing demands of Bitcoin users while staying true to its decentralized roots.

Augur is a decentralized protocol where users can launch prediction markets powered by smart contracts. It provides the technology required to bet on the potential outcomes of events. Not only that, the entirety of the process, including betting and settlements, occurs on the blockchain. This means that there is no room for intermediaries and the associated costs. In this article, we’ll look at what is Augur and how it works.