In global forecasting, where things are always uncertain, decentralized prediction markets have become an important way to express public opinion and make money. These blockchain-based platforms let users bet on the outcome of various political, social, financial, and economic events. This year they got even more attention as the 2024 US elections are coming up. […]
Web3 Development
Web3 Development
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 […]
Solana Actions and Blinks: the Game Changing Technology Explained
Integrating dApps into our digital lives has long been a holy grail for Web3 enthusiasts. Solana, with its reputation for speed and scalability, may be edging closer to this reality with its latest innovation: Solana Actions & Blockchain Links. Imagine tapping a link on X platform and instantly swapping tokens, minting an NFT, or casting […]
A Complete Guide to Blockchain Bridges: Connecting the Web3
Ever wished your Bitcoin could mingle with Ethereum’s DeFi party? Or that your favorite NFT could hop between different gaming worlds? What if your digital assets weren’t confined to a single blockchain, like isolated islands? Imagine a free flow of value, data, and possibilities across the Web3. This is the transformative power of blockchain bridges. […]
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 […]
Runes Over Ordinals: The Next Generation of Bitcoin Tokenization
Bitcoin has long been associated primarily with its role as a store of value and medium of exchange. However, the advent of new protocols like Ordinals and Runes reshapes this narrative, introducing the concept of fungible and non-fungible tokens to the Bitcoin blockchain. This guide provides a closer look at the Bitcoin Runes protocol to […]
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 […]
Inside Ethereum’s Denсun Upgrade: What It Means and Why It Matters
The Ethereum Dencun upgrade, a blend of the Deneb and Cancun upgrades, represents Ethereum’s initiative to strengthen its framework and resolve issues following the Shanghai upgrade. The Dencun upgrade went live on March 13, 2024, pushing the price of Ethereum (ETH) up to $4000. This latest enhancement stands out as it’s designed to directly elevate […]
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 […]