Web3 (Web 3.0) Explained
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 impending Web 3.0 evolution signifies not just an upgrade, but a revolution in the digital landscape.
Do Crypto Wallets Store Your Coins?
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 crypto wallets. Instead, these wallets […]
Hot Wallets vs. Cold Wallets
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 the two. A hot wallet […]
What is a crypto wallet?
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 to send and receive cryptocurrencies […]
Web3 (Web 3.0) Dictionary
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. If we are missing something, […]
What is an NFT?
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 as a more popular means […]
What is a Blockchain Domain?
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 is software published on a […]