Metaverse has created a buzz, and it’s now a mainstream technology, with major companies like Facebook and Microsoft investing in it. The term ‘metaverse’ has first appeared in Snow Crash, a novel by Neal Stephenson. However, the present metaverse is entirely different, a hypothesized iteration of today’s internet.
With the…
The soon-to-be-released Network Stats decentralized application, on the XDC Network, will bring added visibility to the XDC ecosystem and provide a template for other projects in the blockchain industry to present essential network data in a more user-friendly way.
Network Stats crawls the XDC Network, then stores and provides access…
With traditional contracts, businesses and organizations become vulnerable to fraud and ambiguity. To minimize the risks that the businesses would incur with the human-readable manual contracts, smart contracts have been invented. Smart contracts are blockchain-based that function as digital contracts. They are unalterable in nature and lay precise codes of…
Interoperability is the prime focus while expanding blockchain networks to leverage cross-chain transactions. With the help of a blockchain bridge, two unique blockchains can connect with each other, operating under different consensus mechanisms.
Blockchain bridges make different chains interoperable, helping them share and execute smart contract instructions, share resources back…
Cross-chain swap is a decentralized mechanism for swapping or exchanging tokens of two different blockchains without an escrow or middleman. It is the true peer-to-peer method of trading crypto tokens. To understand the details of cross-chain swaps, read on.
Cryptocurrencies are now mainstream, not just as a trading commodity but…
The emergence of Bitcoin as a cryptocurrency back in 2009 boosted the crypto industry in a big way. The slow yet gradual adoption of cryptocurrencies not only highlighted the evolution of stock exchanges but also steered everybody’s attention towards Blockchain.
Blockchain became a popular technology with an increasing number of…
According to current industry standards, OpenSea is one of the largest NFT marketplaces. It offers a variety of non-fungible token types, including art, video games, sports, censorship-resistant domain names, collectibles, and trading cards. The inclusion of ERC1155 and ERC721 token standards is an intriguing feature of OpenSea. It enables you…
Ethereum has gained traction in the NFT exchange. With its robust NFT exchange features, the token metadata and transaction history are openly available in Ethereum, making it convenient to display the ownership history on-chain. All Ethereum objects work on similar backends, making the NFTs compact. …
Evolving blockchain technology unfolds various revenue growth opportunities for businesses and entrepreneurs. These wide opportunities eventually result in the mass adoption of blockchain across major industries and higher diversity in blockchain use cases. One of the prevalent use cases of blockchain is NFTs.
A non-fungible token (NFT) brings excellent opportunities…
Blockchain works on a decentralized model, allowing peers to add data through a network of nodes. Each node is independent in supporting various transactions done on the network, and each peer organization can collaborate on this network of nodes. …
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