Web3 (331)

Most people in the crypto industry are familiar with the concept of decentralized oracles. Originally introduced by Chainlink (LINK), a decentralized oracle network delivers external data to the block

Have you ever wondered how Bitcoin, designed initially as a digital currency , is evolving with new technologies? One example is BitVM, short for Bitcoin Virtual Machine — a computational engine introduced by Robert Linus.

Have you ever felt restricted by the boundaries of a single blockchain network when managing your assets? With cross-chain token transfers from financial services company Circle, restrictions are a thing of the past. They help break down those sometimes frustrating obstacles so you can move crypto like effortlessly from networks like and Cosmos.

April 19, 2024 saw the arrival of the fourth Bitcoin halving event — a significant development affecting the asset's circulation. But what is the Bitcoin halving exactly? According to the Bitcoin white paper , it's a built-in feature of Bitcoin's programming that occurs approximately every four years. This unique event cuts the number of Bitcoins awarded to miners for processing transactions in half. Why does this matter? Well, it's all about supply and control.

Blockchain is a type of distributed ledger technology (DLT) that facilitates the sharing and storage of data and information in groups called blocks. The emerging technology has gained substantial pop

You should be hearing more and more about Proof of Reserves but can you explain the difference between a token’s Proof of Reserves and an exchange’s Proof of Reserves? Here’s our quick recap, in simpl

If you're someone who prefers to HODL their portfolio for the long haul, staking and generating passive yield may be at the top of your agenda. With so many staking protocols to choose from, you'll practically be spoilt for choice, as they potentially bring satisfying rewards and security that reassures you of your staking decision.

While the crypto industry has adopted plenty of concepts from traditional finance, it’s also created its fair share. One concept that’s emerged from the crypto industry is block rewards. Block rewards

Aave , formerly ETHLend, is a decentralized non-custodial borrowing and lending protocol that lets users deposit assets into liquidity pools to earn returns and borrow assets at a variable or fixed interest rate. It was launched in 2017 by Stani Kulechov, following a $17.8 million initial coin offering (ICO). Aave also allows users to take out uncollateralized, ultra-short duration loans known as .

Web3, the third step in Internet’s history, changes everything. Where Web1 gives people information and Web2 lets them interact, Web3 gives them control. It’s not just about money, but how we purchase, how we govern our digitized identities, how we learn, and so much more.

Gas fee Fee paid to miners. Take Ethereum as an example: when a user transfers money on the Ethereum network, the transaction can only be completed after miners pack this transaction and put it on the blockchain. This process consumes the computational power of the blockchain.

As Web3 continues to evolve at pace, the onchain ecosystem is flourishing, with rising numbers of users participating in onchain transactions and other activities. Simultaneously, various onchain scams are emerging, with fraudsters tricking users into authorizing transactions or revealing their keys to steal assets.

As the world of cryptocurrency continues to grow, more and more users are entering the market and handling their digital assets. One critical aspect of managing these assets is the seed phrase, a uniq

Crypto phones  first appeared in 2018. They're smartphones equipped with Web3 connectivity, simplifying access to the decentralized web. Despite recent improvements, mobile Web3 apps can still be less user-friendly than desktop versions, challenging blockchain interactions on smartphones.

On the Solana blockchain, each token or non-fungible token (NFT) resides in its own account, necessitating a deposit of SOL tokens as "rent" to keep these accounts active. This rent mechanism ensures efficient use of network resources and prevents inactive accounts from consuming storage space. However, users can recover the SOL deposited as rent by closing accounts that are no longer needed.

Sometimes, crypto projects with a meme-like concept can evolve to take on a new life with greater utility. One example is Berachain , which began life as the Bong Bears NFT project. At the 2024 edition of Token2049 in Singapore, Berachain’s anonymous co-founder, Smokey the Bera, explained that the team had noticed problems with how a number of blockchain networks worked today. Specifically, they realized that in many cases, liquidity and security weren’t aligned at the chain level. That led to Bong Bears taking on a new life as a Layer-1 blockchain that integrates with the Ethereum virtual machine (EVM). Berachain runs on a Proof of Liquidity (PoL) consensus, which provides security for the chain and rewards participants who provide liquidity.

 Satoshi Nakam

Mantle Network is a pioneering modular Layer-2 solution designed to help scale the Ethereum network efficiently, handling more transactions faster than before. The tool achieves this by bundling transactions together using technology, reducing gas fees and speeding up transaction times.

How important is liquidity within a blockchain ecosystem? That question often comes to mind when considering yield automation tools like Kamino Finance. Pegged as an auto-compounder and yield optimizer, Kamino Finance helps users capture value when they provide concentrated liquidity to the network. With many enthusiasts calling it the of Solana, Kamino Finance has been the talk of the town as Solana natives take advantage of Kamino Finance’s superior user interface to navigate the Concentrated Liquidity Market Maker (CLMM) model.

 Decentralized finance

Blockchain technology has revolutionized how we interact with digital assets and decentralized applications. MetaMask is a popular browser extension that allows users to manage their Ethereum-based di

Authored by Kiwi Yao, researcher @OKX Ventures 2023 was a big year for account abstraction (AA), as the arrival of the ERC-4337 Ethereum standard brought new opportunities for users of the network. ERC-4337 gave access to smart wallet contracts, and its progress since launch has brought new capabilities.

Authored by Kiwi Yao, researcher @OKX Ventures When combined, smart accounts and intent create a powerful tool that allows you to manage your digital assets more efficiently. The ERC-4337 standard enables third parties to process order flows for you. This makes it simpler to carry out tasks while also improving scalability. The alliance between smart accounts and intent paves the way for more advanced interactions in the future.

Authored by Kiwi Yao, researcher @OKX Ventures Multi-chain account abstraction (AA) solutions are a new and innovative way to interact with multiple blockchains. They allow users to create and manage accounts on multiple blockchains without having to worry about the underlying technical details, like having enough of the native tokens for gas payments. This makes it much easier for users to get started with blockchain technology and to use multiple blockchains simultaneously. There are two main types of multi-chain AA solutions: native support and ERC-4337 compatibility.