What Is the Metaverse?
The metaverse is a concept of a persistent, online, 3D universe that combines multiple different virtual spaces. You can think of it as a future iteration of the internet. The … Read More
What Is Crypto Staking and How Does It Work?
Key Takeaways What Is Staking in Crypto? Staking is the process of locking up a certain amount of cryptocurrency to help secure and support the operations of a blockchain network. … Read More
What Is NFT Virtual Land in the Metaverse?
NFT virtual land is an ownable area of digital land on a metaverse platform. Popular NFT land projects include Decentraland, The Sandbox, and Axie Infinity. NFTs are suited to representing … Read More
What Is Yield Farming in Decentralized Finance (DeFi)
Yield farming, also known as liquidity mining, refers to the lending or staking of cryptocurrency in decentralized finance (DeFi) protocols to earn additional tokens as a reward. Yield farming has … Read More
What Is Blockchain and How Does It Work?
Blockchain technology has transformed industries, especially finance, by introducing a decentralized, transparent, and secure way of managing data and transactions. While it began as the foundation for cryptocurrencies like Bitcoin, … Read More
Virtual Machine
A virtual machine (VM) is a program which emulates a computer system. It has a virtual CPU, memory, and storage and appears, from the outside, to be no different than … Read More
Peer-to-Peer Networks Explained
In financial technology, the term peer-to-peer usually refers to the exchange of cryptocurrencies or digital assets via a distributed network. A P2P platform allows buyers and sellers to execute trades … Read More
What Are Decentralized Applications (DApps)?
What Is Decentralization? Decentralization refers to the distribution of power, control, and decision-making across a network or system instead of a single organization or individual. Decentralization is characterized by the … Read More