Web3 Development

Web3 Development

Blockchain in Healthcare: Solutions & Best Practices

Blockchain in Healthcare: Solutions and Best Practices

Blockchain technology is an innovative method of digital distributed ledger that uses blocks of information and links them into a chain. This distributed registry allows you to trust and control transactions and data without intermediate centralized authority. In 2024, blockchain (BC) will continue developing, bringing even more innovations and opportunities to various spheres of life, […]

Smart Contracts Explained: A Comprehensive Guide

In 2023, the global smart contracts market exceeded $1750 million. According to Zion Market Research, this figure will increase by about 24% annually. By 2030, it will reach $9850 million. The number of organizations and private entrepreneurs for whom smart contracts have become commonplace has also grown. What are smart contracts? What are the benefits […]

The Rise of Tap-to-Earn Games on Telegram: Market Insights and Business Models

Tap-to-Earn games like Hamster Kombat, with their simple gameplay, have found a new audience on Telegram by combining crypto with the platform’s large user base. The surge in popularity is driven by the growing interest in crypto, Telegram’s widespread use, and the appeal of gambling. It creates a fertile ground for Tap-to-Earn games to thrive.At […]

Decoding WorldCoin: Is Proof of Personhood the Future of Security?

In the digital age, secure authentication is crucial for keeping the online world safe. Traditional methods like passwords and two-factor authentication often fall short in protecting users from cyber-attacks and identity theft. This has led to the exploration of new approaches, including Proof of Personhood (PoP). What is Proof of Personhood? As AI continues to […]

What is Account Abstraction? Real Use Case of ERC-6551 Token Standard

Account Abstraction, popularized by the ERC-4337 token standard, introduces the innovative idea of utilizing a dedicated smart contract as a standalone wallet managed by an ordinary address. Initially, Ethereum Account Abstraction (or AA) was designed to facilitate transactions without the end user paying gas fees directly, utilizing entities called paymasters to cover these costs. However, […]

What Are the Most Popular Token Distribution Models

While many Web3 projects can operate and provide their services without native tokens, several opt to issue them. The reasons vary, from rewarding community members to offering extra services or discounts, and financing third-party development. Creating and issuing tokens is straightforward for any project, but ensuring a fair distribution among users poses a challenge. Various […]

Ethereum Restaking: How EigenLayer Transforms the DeFi Ecosystem

The concept of restaking is pretty straightforward: you get the opportunity to stake the same assets in several different projects simultaneously, effectively doubling your potential earnings. It isn’t exactly a groundbreaking idea — restaking made its debut alongside the expansion of decentralized exchanges (DEXes) back in 2018. In this article, we’re set to unpack the […]