Web3 (306)

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

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

How important is liquidity within a blockchain ecosystem? That question often comes to mind when considering yield automation tools like Kamino Finance. Pegged as an auto-compounder and yield optimizer, Kamino Finance helps users capture value when they provide concentrated liquidity to the network. With many enthusiasts calling it the of Solana, Kamino Finance has been the talk of the town as Solana natives take advantage of Kamino Finance’s superior user interface to navigate the Concentrated Liquidity Market Maker (CLMM) model.

With the arrival of Nostr in late 2020, the idea of a censorship-resistant social network protocol became a reality. As digital communities increasingly gravitate towards decentralized social networks, protocols like Nostr offer a tangible solution. But what exactly is Nostr?

A collection of decentralized blockchain-based protocols offering similar services to the traditional financial industry Short for decentralized finance, DeFi is an emerging industry enabled by blockc

Decentralized autonomous organizations are fast becoming the favored governance model of the crypto-native. From decentralized finance protocols to collectors of digital artwork and legal experts specializing in crypto-related matters, distributed decision-making is evolving and threatening to make traditional, top-down organizational models obsolete.

One of the main goals of blockchain technology is achieving interoperability. This is essential for the advancement of Web3, but it also allows other blockchains to access new features. The Flare Netw

Decentralized finance is one of the biggest blockchain success stories in recent years. Developers building on platforms like Ethereum , Solana , Avalanche , Polkadot , and others have been designing the infrastructure of a new financial system without trusted intermediaries or exclusionist gatekeepers. The sector’s growth is typically measured by the amount of capital associated with the smart contract comprising its various protocols. With the total value locked within DeFi surpassing $50 billion in April 2021, it's clear that many are in favor of this more democratic, decentralized approach to finance.

 Decentralized finance

An in-depth consideration of Ethereum’s position as the dominant smart contract network (and how its scaling woes may threaten it) Beyond metaverse mania and NFT madness, one of 2021’s dominant themes

Just as Jules Verne imagined the moon landings more than a century before Apollo 11 made its historic touchdown and HG Wells foresaw the atomic bomb decades ahead of its real-world creation, technological progress often turns science fiction into science fact. The number of online virtual worlds launched over the last decade suggests we're closer than ever to another once-far-fetched idea escaping the pages of literature to become a reality. The so-called “metaverse” may soon be upon us, and with it'll arrive new forms of social interaction, economic possibilities, online experiences, and creative avenues.

An overview of token bridges, how they work, why we need them and their risks In the multichain future we’re rapidly moving toward, blockchain bridges play an increasingly important role. Without brid

Da Nang, Vietnam, March 31, 2024 - OKX , a leading global Web3 technology and crypto exchange, organized a community event in Da Nang named "OKX, What's Next , 2024". After the success of the event in Hanoi held in January 2024, Da Nang - known as the most livable city in Vietnam, was chosen as the next stop of the "OKX, What's Next, 2024" event series in Vietnam.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is expected to launch its much-anticipated ETH 2.0 upgrade in the second half of 2020. The upgrade marks a major shift for t

Staking has become a new buzzword in the crypto space recently. Although this concept has long existed since the introduction of Proof-of-Stake (PoS) consensus, it didn’t come into the public’s focus

When Vitalik Buterin built Ethereum , he wanted to push the boundaries of blockchain technology. Bitcoin inspired him, but he felt the tech should do more than just process transactions. As a result, he built the Ethereum blockchain network. Ethereum has all the features of Bitcoin. It can process peer-to-peer transactions and store them in an immutable and decentralized way. It can also do certain things that Bitcoin can’t. For example, it can run smart contracts.

As the world moves to decentralized finance (DeFi), more people are utilizing the Ethereum network, making Ethereum's gas fees a topic of discussion in the Web3 space. The utility of Ethereum's ecosystem has resulted in higher gas fees and increased congestion on the network.

Misconceptions around “The Merge” — Ethereum’s network switch from energy-intensive proof-of-work to environmentally friendly proof-of-stake — are rampant. From social media to mainstream media, there

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.

Scalable solutions improve the quality of blockchain networks by increasing their throughput and enabling them to become faster and more efficient. Ethereum Plasma is a solution that makes Ethereum mo

Web3, also known as the decentralized web. It is a vision for the future of the internet that is gaining traction among tech companies, experts, and internet users. Web3 is a model for building and ac

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 .

One of the primary aspects of any blockchain is its consensus algorithm or consensus mechanism. This is simply a name for the system used to achieve agreement among participants regarding the network's state. As you know, in decentralized networks, there’s no central authority. As a result, any decision needs to be made by the community through a voting process. The cryptocurrency industry initially had the Proof of Work (PoW) algorithm, which launched with Bitcoin. Later, it developed a different approach called Proof of Stake (PoS). However, PoS also got modified in time.

Ever since the blockchain was created, it became apparent that the technology offered numerous benefits over that used in traditional banking. Although it took a long time, financial institutions finally started paying attention to it. However, blockchain technology isn’t the only piece of evolutionary technology to emerge from the fintech space.