As the cryptocurrency industry grows exponentially, it has become the target of many criminal elements, and the development of artificial intelligence (AI) has made the criminals’ attempts at stealing people’s crypto all the more insidious, as in the case of a scam ad involving a video of Ripple’s CEO. Specifically, a YouTube video ad shows […]
Cardano Launches anetaBTC Protocol
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On August 8th, Cardano achieved a significant milestone with the launch of the anetaBTC protocol on its mainnet. This protocol enables the introduction of on-chain wrapped BTC to the Cardano blockchain, effectively integrating Bitcoin into the Cardano ecosystem. This development offers users a seamless way to engage with both cryptocurrencies. Excitingly, additional positive developments have […]
ERC-20: Invented by Vogelsteller
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ERC-20 (Ethereum Request for Comment 20) is a technical standard for creating and implementing tokens on the Ethereum blockchain. It was proposed by Fabian Vogelsteller and introduced by Vitalik Buterin, the co-founders of Ethereum, in November 2015. Fabian Vogelsteller, a blockchain developer and contributor to the Ethereum ecosystem, authored the initial draft of the ERC-20 […]
Web 3.0 can revolutionize the world
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Web 3.0 has the potential to revolutionize various aspects of the world in several ways: 1. Decentralization and Trust: Web 3.0’s decentralized nature can reduce reliance on centralized authorities and intermediaries. This can foster trust in transactions, data sharing, and online interactions by ensuring transparency and security. It has the potential to disrupt industries such […]
Bitcoin Mining Process
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Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain, which is the public ledger of all Bitcoin transactions. Here’s a high-level overview of how people mine bitcoins: 1. Understanding Bitcoin Mining: Bitcoin mining involves using powerful computers to solve complex mathematical problems. Miners compete […]