In recent years, the development of the crypto industry has shown unprecedented growth and development. There are already more than a hundred Layer 1 and Layer 2 blockchains, driving up the need to develop technology so that they can interact with each other. Cross-chain bridges turned out to be such a technology. Let's find out more about this development, its features, and its advantages.
Between 2020 and 2021, the number of times the Metaverse was mentioned in the news and reviews increased by 135%. However, many people still have no idea what it is or how it works. In this article, we will explore what the Metaverse is and its key features. You will find out how you can get into the Metaverse and what possibilities it provides for users, as well as the specifics of its technical implementation.
The global financial system was hesitant to recognize cryptocurrency as a full-fledged trade asset and payment tool. However, today there are more and more opportunities and prospects for effective investment using virtual coins. This can be carried out through crypto funds.
In 2020, more than 100 million people used cryptocurrency wallets. Every year the number keeps growing, with Ledger selling more than 3 million new wallets in 2021 alone. Still, despite the great demand, the main problem is choosing a reliable cryptocurrency wallet that will combine improved security and user-friendliness.
Today, more and more people are actively attracted to the cryptocurrency industry. This is partly due to the global economic crisis of 2020 and partly due to the gradual involvement of big business in this area. However, even those familiar with cryptocurrencies for a long time can't always understand how this or that technology works or what some financial term means. To help solve this problem, we've compiled our own guide to the cryptocurrency world with detailed explanations of each aspect.
GameFi refers to blockchain-based projects that combine decentralized finance, NFT, and game mechanics. They allow players to earn cryptocurrency by selling digital items, fulfilling tasks, and completing missions. The industry emerged back in 2013, but it showed moderate development until 2021. In August, there was a real boom in the Defi and NFT market, followed by the appearance of numerous blockchain projects. Today, there are 2.5 billion gamers playing online games. Its popularity comes from easy earnings without large investments for ordinary players unfamiliar with the cryptocurrency world.
Blockchain technology is the cornerstone of the whole crypto industry. The first and most successful example of its application is the creation of Bitcoin. However, the technology has gone through many changes since then, and today, dozens of projects offer their own blockchain technology with distinct features. So as to avoid confusion, we have prepared an overview of all the prominent blockchain projects for 2022.
Every year, cryptocurrencies are becoming more and more popular as a means of payment, trade, and investment. This is evident from the growth in the number of new digital coins, reaching close to 17 thousand as of today and still increasing. In this article, we will tell you what cryptocurrency is, its main types, pros and cons.
Over the past 12 months, the cryptocurrency market has grown by 36%, raising its capitalization to a record $9.3 billion. This boosted both the development of existing crypto exchanges and the creation of new ones. Therefore, newcomers as well as experienced traders often find it difficult to decide which exchange is the best to trade on. We have compiled our own list of centralized cryptocurrency exchanges for EU and US residents to solve this issue.
Over the past few years, the cryptocurrency industry has been gaining more and more popularity. People more often opt to use the services of the new digital market, which offers better services than the traditional banking and financial industry. However, along with the growing popularity, there are an increasing number of people who do not fully understand how to make money from it. In this article, we will describe all existing ways of getting digital coins, starting from the simplest and free to the most expensive and effective methods.
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