Web 3.0 promises a transformative shift in our digital interactions. Beyond mere technological progression, this new era of the internet intertwines Artificial Intelligence, blockchain, and decentralized technologies, heralding a more user-centric and democratic online world. From the static pages of Web 1.0 to the vibrant communities of Web 2.0, the
FACT: Crypto Wallets Do Not Store Your Coins There’s a common misconception about how cryptocurrencies are stored, leading many to believe their digital coins are physically kept in their crypto wallets. However, the reality is quite different and far more interesting. Contrary to popular belief, cryptocurrencies are not stored in
When storing your cryptocurrency, you want to keep it safe while also striking the right balance of functionality and security. If you buy any amount of cryptocurrency and want to store it yourself, you must choose between storing it in a “hot” wallet, a “cold” wallet, or a combination of
A crypto wallet keeps your private keys safe and accessible by storing them. It also enables the sending, receiving, and spending of cryptocurrencies such as Bitcoin and Ethereum. Crypto wallets keep your private keys – the passwords that allow you to access your cryptocurrencies – secure and accessible, allowing you
If you’re new to the cryptocurrency realm, the terms can be overwhelming. No need to worry though, you’ve arrived at the right spot. This dynamic dictionary is updated on a regular basis, so you’ll always be up to date on the latest terminology that Web3 (Web 3.0) has to offer.
Non-fungible token. An NFT is a digital asset that represents real-world objects like art, music, in-game items, and films. They’re bought and traded online, often using cryptocurrency, and they’re usually encoded with the same software as many other cryptocurrencies. Despite the fact that they’ve been around since 2014, NFTs are gaining popularity
A domain is an NFT (non-fungible token) stored in your cryptocurrency wallet. In the decentralized world, blockchain domains are an intriguing development. They have the potential to alter our perceptions of domains and online real estate by adding a new degree of transparency, functionality, and security. A smart contract, which
