Web3 (60)

Balancer is a decentralized and permissionless exchange powered by an automated market maker. The goal of this project is to provide a crypto asset exchange service that is devoid of centralized infra

Dash is a decentralized, peer-to-peer (P2P) payment protocol and cryptocurrency, whose transactions are recorded on the blockchain. Users can instantly send and receive secure digital payments with mi

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.

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.

What are inscriptions? Inscriptions are a powerful new method of storing images, videos, audio, text, and code directly on a blockchain. Similar to NFTs, you can view inscriptions as digital artifacts. For example, if we were to examine ordinals, the metadata is encoded on a satoshi, the smallest unit of . Ordinals are a means of tracking individual satoshis, which you can attach data to the blockchain by inscribing them directly on chain.

 Ontology is a fast, secure, and accessible layer-2 public block

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.

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.

Non-fungible tokens (NFTs) are digital assets with unique characteristics, enabling them to represent ownership of items in the real world. These tokens are built on blockchain technology and can take various forms, including artwork, music, videos, and games.

Transaction speeds are one of many real-world issues cryptocurrency looks to solve. When you need to send a payment, being aware of the transaction time is important. This tends to be vague within traditional banking systems, and even more so in international payments. However, cryptocurrency provides a solution.

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.

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.

April 19, 2024 saw the arrival of the fourth Bitcoin halving event — a significant development affecting the asset's circulation. But what is the Bitcoin halving exactly? According to the Bitcoin white paper , it's a built-in feature of Bitcoin's programming that occurs approximately every four years. This unique event cuts the number of Bitcoins awarded to miners for processing transactions in half. Why does this matter? Well, it's all about supply and control.

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.

With a total market cap of more than $19 billion , GameFi and blockchain gaming seems to be making a comeback in the crypto scene as it once again seeks to disrupt the $175 billion global video games market. Titles like Axie Infinity and its more than $1 billion in total in-game asset sales have piqued the traditional gaming industry’s interest. So much so, we’re now seeing giants like and the GameFi sector.

Web3, the third step in Internet’s history, changes everything. Where Web1 gives people information and Web2 lets them interact, Web3 gives them control. It’s not just about money, but how we purchase, how we govern our digitized identities, how we learn, and so much more.

Scalability has emerged as a hot topic for Ethereum , with many seeing it as a potentially major hurdle to the technology's widespread adoption. Leading the charge in tackling this challenge are Layer 2 solutions. Certain solutions are tailor-made to enhance performance across the blockchain ecosystem, providing a host of important benefits:

Without a doubt, one of the biggest trends in the cryptocurrency industry throughout 2021 has been nonfungible tokens. Prices of blockchain-based collectibles, artwork, GameFi assets and other virtual items have gone through the roof — leaving many on the sidelines scratching their heads. In this OKX Insights in-depth examination, we look closely at the NFT phenomenon and the value propositions of the most successful collections. 

Non-fungible tokens (NFTs), often celebrated for their ability to authenticate and tokenize digital content, have transcended mere financial instruments. They've become a canvas for artists, a marketplace for collectors, and a technological innovation with the potential to redefine how we perceive and engage with the digital realm.

As Web3 continues to evolve at pace, the onchain ecosystem is flourishing, with rising numbers of users participating in onchain transactions and other activities. Simultaneously, various onchain scams are emerging, with fraudsters tricking users into authorizing transactions or revealing their keys to steal assets.

The Numeraire cryptocurrency is the product of the hedge fund company Numerai, which helps researchers to predict stock market behavior by issuing a cleaned, regularized, and obfuscated data set. The

Sushiswap is a multichain decentralized exchange (DEX) that was originally launched on the Ethereum blockchain. On Sushiswap, users can swap the tokens they hold with other tokens on the DEX. For exam