The world of web development happens to have ceaseless wonders in it. The arena is now reverberating with a fresh buzzword and it is blockchain technology. With an appropriate implementation of blockchain technology you can help a web page track effective databases with more panache and flamboyance.
Blockchains, once considered a nascent, frontier technology, have become increasingly critical infrastructure for enterprises that want to keep pace with the future of information and value transfer. A blockchain is a shared digital ledger of transactions that is duplicated and distributed across a network of computer systems. The ledger is nearly impossible to cheat or hack, because it is verified by multiple participants across the globe and underpinned by cutting-edge cryptography.
Most people in the world are familiar with legal tender paper money — also known as fiat currency — and how to access it online through a bank website, ATM, or mobile app. The idea of “digital money” or cryptocurrency — such as Bitcoin — remains a relatively new concept.
This article was originally published in The New Stack. Given how volatile Bitcoin price is, an automated alerting system can be valuable for preserving our attention and sanity. We can pay attention to Bitcoin only when the price action is interesting. Momentum, that is buying an asset that has done well in the past, has been one of the most persistently effective trading strategies — see Clif Asness: “Value and Momentum Everywhere” and Tzouvanas (2019).
There is no shortage of cloud storage options on the market. But security scares and nosy tech companies limit the field to just a few very good choices. Blockchain cloud storage and Web3 are the future and will change the online storage world forever. Finally, you can keep your photos (actually) private.
If you’ve been living under a rock for the past years, you might not be aware of this NFT trend. PNGs of monkeys, kittens are selling for thousands to millions of dollars. We're pushing the technology to a whole new level!
What the heck is Web3 and why is everyone and their mother talking about it? In short, Web3 is a decentralized web-based on blockchain technology. What that means, how Web3 actually functions, and what it means for the future of the internet is a bit more complicated… To understand what makes Web3 so special and so different, we first need to understand why it's called “Web3” and what came online before it.