The first computer games were developed in the late 20th century with the primary goal of providing entertainment to players. The first goal was to take players away from their everyday lives and into a fantasy world. Games began to take up more time than traditional forms of entertainment, such as movies, circuses, theater performances, zoos, etc. There are currently over 6 billion … [Read more...]
Bitcoin Mining’s Electricity Bill: Is It Worth It?
What Is Bitcoin Mining? Bitcoin mining is the process by which new bitcoins are entered into circulation. The network confirming new transactions is critical for the blockchain ledger's maintenance and development. "Mining" is the process of using sophisticated hardware to solve an extremely complex computational math problem. The computer that is the first to find the solution to the … [Read more...]
Continuous Auction Of NFTs Used To Monetize Public Goods
NFTs in their simplest form are pure provenance devices. What do I mean by that? NFTs can be thought of as digital records of an object's origins, rather than as digital equivalents of paintings. A NFT encodes information about an object (usually in the form of a cryptographic hash), its creator (their wallet address), and the timestamped history of owners (transactions etched into … [Read more...]
Crypto Art and NFTs
This article gives a brief overview of the "crypto art" space that has been emerging lately, including the use of "Non-Fungible Tokens" (NFTs) to distribute digital art. What Is an NFT? An NFT is a digital asset that is stored on a blockchain. NFTs are unique and cannot be replicated. Digital material such as images, videos, and music can be stored as NFTs. An NFT is a type of digital … [Read more...]
How to Make Money With NFTs in 2022
Non-fungible tokens, or NFTs, are expressions of value that are stored on a blockchain. Because each NFT is unique, it can be used to represent ownership of digital or physical assets. For example, an NFT could represent a digital painting, a Crpytocurrency, or a piece of land. NFTs have recently become very popular because they can be bought and sold like other assets, but they are also … [Read more...]
Crypto Staking Guide 2022
The year 2020 saw the rise of Decentralized Finance (DeFi), a fantastic new crypto industry that came to prominence after Compound’s token launch in June 2020. A slew of DeFi copycat protocols soon helped investors turn passive ownership of their crypto assets into lucrative passive income. This was achieved through the power of smart DeFi protocols offering incredible incentives for … [Read more...]
How Hard Is It to Become a Smart Contract Developer?
Blockchain developers are in high demand due to the amount of money flowing into projects related to blockchain technology. ICOs have been a major driver of this capital injection, leading investors to believe that these developers must be extremely talented in order to be able to create successful applications. I am here to tell you that you can do it too! I went from having no coding … [Read more...]
Decentralized Data Marketplaces – Blockchain and Privacy
In 1998, when Greg Linden applied for a patent for "item to item collaborative filtering", he could not have imagined the social impact it would have. Previously, Amazon had used data based on an individual's purchases to recommend a product they might like; However, this approach was inefficient because it recommended things that were extremely similar to what the customer had … [Read more...]
How DeFi can Reform School Funding Models
The education and medical industries are two of the most important in the world because they have the ability to improve people's lives. However, both industries are currently broken and in need of significant reform. Don't worry, this article isn't about complaining. We're interested in finding solutions to some of the main problems in education by looking into new innovations in … [Read more...]
Predicting ETH Volatility Using Squeeth
Opyn released Squeeth in January, which is similar to an option without an expiry date or strike price. Some have suggested that it could be used to hedge Uniswap LPs, hedge all ETH/USD options, and predict the volatility of ETH in the short term. However, it is yet to be seen whether Squeeth will actually serve this purpose. Experts Predict How High Ethereum’s Price Could Go in … [Read more...]