Posts

What is the metaverse blockchain technology and how does it work?

Image
 "If you ask people today what they think the metaverse is, many would probably say it's a Avengers movie," joked Mark Zuckerberg about a month ago at his Connect2021 event. Regardless of his attempt to make us laugh, the doubt is very real and currently haunts the heads of many: What is the metaverse and how does it work? We are talking about a virtual universe where it is not only possible to communicate, but also to carry out all your daily activities, from working to socializing and playing. This is the idea behind a space that has ceased to be science fiction to become reality. But, what is it about? How does it work? Who is driving it? We solve all your doubts. A metaverse is an environment where humans interact socially and economically as avatars in cyberspace, acting as a metaphor for the real world but without its physical or economic limitations. The concept was coined in 1992 by the American writer Neal Stephenson, in the novel Snow Crash (1992), where he de...

What is web 3.0 website & Evolution of web 3.0 crypto

Image
𝗪𝗵𝗮𝘁 𝗶𝘀 𝗪𝗲𝗯 𝟯.𝟬 crypto evolution ?  𝗪𝗲𝗯 𝟭.𝟬 was the first generation of the World Wide Web from the early 1990 to around 2004. During this stage, most websites were static. These websites were created by businesses and consumed by users like you and me.  𝗪𝗲𝗯 𝟮.𝟬 is the current second generation of the World Wide Web. A large amount of content is user-generated e.g. social media content, blogs, vlogs, etc. Most of this data is controlled and monetised by large companies like Google, and Meta (Facebook).  𝗪𝗲𝗯 𝟯.𝟬 is the latest generation of the World Wide Web and its focus is on decentralisation. Web 3.0 applications and services would increasingly be powered by blockchains, crypto-assets (fungible and non-fungible), artificial intelligence, and metaverses. Web 3.0 is expected to provide personalised content and also enable people to control their own data. TOP 10 WEB 3.0 CRYPTOCURRENCIES FOR NEW INVESTORS IN 2022 According to me, the most importa...

What is cryptocurrency and how it works?

Image
What is Crypto Currency in Simple Words Cryptocurrency is also called virtual currency or cryptocurrency, is digital asset. That means there are no physical coins or innovoice everything is online. You can transfer a cryptocurrency to someone on the internet without a third-party , such as a bank. The best known cryptocurrencies are Bitcoin and Ethereum, but new crypto-currencies continue to be created.  People could use cryptocurrencies to make quick payments and to avoid transaction fees. Some people might acquire cryptocurrency as an investment, hoping that it will increase in value. Cryptocurrencies can be purchased with a credit card or, in some cases, through a process called "mining." Cryptocurrencies are stored in a wallet or digital wallet, either online, on your computer or on another physical medium.  Is cryptocurrency secure ?  Before buying a cryptocurrency, you have to know that it does not have the same protections as when using US dollars. You also have to...