NFTs: Guide 2022
Web3Magazine
by Vladoski
1y ago
NFT is cryptographic, unique, and cannot be replicated. NFTs can represent real-life items, artwork, music, GIFs, etc. tokenizing these tangible assets into NFTs makes it easier to buy, sell and trade them while reducing the potential for fraud or hacking. NFT stands for NON-fungible Token. So what does that mean? Let me make it clear and simple for you to understand. It means that it is unique and cannot be replaced. Let me give you an example, if you have 100 dollars and your friend also has 100 dollars you both can exchange this money with each other and it would still have the same value ..read more
Visit website
Top 10 altcoins to invest
Web3Magazine
by Vladoski
1y ago
Following a difficult start to the year, the world’s biggest cryptos recovered in March. Rising inflation, anticipation for more aggressive interest rate hikes, and the tragic escalation of the Russia-Ukraine war prompted a sell-off in risk assets, particularly stocks, earlier this year. Knowing which cryptocurrency to invest in can be difficult, with around 16,000 digital assets presently in circulation. Finally, an increasing number of cryptocurrency investors are hoping to catch the next big thing to make significant profits. In this article, we are going to talk about the 10 best altcoins ..read more
Visit website
Difference between web3 and web3.0
Web3Magazine
by Vladoski
1y ago
There has been an upsurge in technologies deployed to pioneer the remote work practices since COVID-19, and the growth has been exponential. The advent of a new version of the web, or Web3, which incorporates principles such as decentralization and token-based economy, has been considered an indication of the grouping of various technologies. Web3 and the Semantic Web Anyone who has followed the evolution of the World Wide Web and Tim Berners-Lee’s vision of a semantic web will be perplexed. The semantic web is a component of Web 3.0, which is not the same as Web3 in the crypto conte ..read more
Visit website
Decentralized Applications
Web3Magazine
by Vladoski
1y ago
It’s past time to eliminate the middleman from our daily businesses. For example, you’ll have to spend a lot of money paying the brokers and other interested parties when you buy a property. When real-estate transactions are moved to dApps, the seller and the buyer will be involved, eliminating the need for a middleman and their commissions. That’s precisely what dApps promises cutting off the middleman and giving the rightful owners the authority. So what are dApps exactly? Decentralized applications (dApps) are digital applications or programs that exist on a blockchain or peer-to ..read more
Visit website
Crypto Fundamentals
Web3Magazine
by Vladoski
1y ago
Any digital or virtual currency that relies on encryption to safeguard transactions is called crypto-currency or crypto. Instead of relying on a decentralized system to track transactions and create new units, a cryptocurrency does not have a central authority issuing or regulating it.                            What is a cryptocurrency, and how does it work? Unlike traditional payment methods, cryptocurrency relies on its users to verify transaction integrity instead of banks. Thanks to this peer-to-peer system, payments ca ..read more
Visit website
What is DeFi?
Web3Magazine
by Vladoski
1y ago
‘Decentralizing finance’ or ‘DeFi’ refers to a digital financial infrastructure that works to remove the need for financial transactions to be approved by a central bank or government agency. DeFi is inextricably linked to the blockchain, the decentralized, immutable public ledger that underpins Bitcoin and allows all computers (or nodes) on a network to keep a copy of the transaction history. It’s based on the concept that no single entity is in control or can change the ledger for transactions.  Smart contracts, which are simple pieces of code that are published and performed on th ..read more
Visit website
What is Bitcoin?
Web3Magazine
by Vladoski
1y ago
Bitcoin is a new digital currency that can be stored, exchanged, and used to make payments, just like any other currency. The decentralized structure and opt-in approach of Bitcoin distinguish it from national currencies such as the US Dollar, Euro, and Japanese Yen. What exactly does that imply? Take it this way; In all the countries, citizens are forced to use fiat money, which central banks issue, and all transactions are done through middlemen such as banks and payment gateways, except for cash transactions (which are becoming more uncommon). On the other hand, Bitcoin is a currency g ..read more
Visit website
Top 10 cryptocurrencies in 2022
Web3Magazine
by Vladoski
1y ago
Let me start by giving you a brief introduction to cryptocurrency, or crypto. These are digital currencies that do not exist in a physical form but are virtual or digital. They are not issued by a government or an agency but use a decentralized system to maintain and record all the transactions. These allow for secure online payments.  From Bitcoin and Ethereum to Dogecoin and Polygon, currently, there are more than 10,000 cryptocurrencies in the world, which put investors in a big dilemma as to which might be profitable for them. The Crypto market is volatile due to its uncertainty and n ..read more
Visit website
The top 5 NFT wallets
Web3Magazine
by Vladoski
1y ago
Just like cryptocurrencies NFTs can also be stored on different wallets, we have compiled a list of wallets you can use to keep your NFTS. Don’t go for the first NFT wallet you see on the internet. There are several things that must be considered. Your wallet will serve as the primary entry point for all of your investments. The most important factor to consider when choosing a wallet is if it supports the blockchain you want to trade on. #1 Trust Wallet Trust Wallet, a popular mobile-only wallet, is owned by Binance. It supports a variety of blockchains, including Ethereum, but is largely foc ..read more
Visit website

Follow Web3Magazine on FeedSpot

Continue with Google
Continue with Apple
OR