Web3 (331)

Renzo Protocol is a restaking strategy manager designed to help crypto users maximize the return on their staked tokens. The protocol is also a liquid restaking token provider that converts staked Ethereum into or tokens, simplifying staking and enhancing liquidity. Renzo works by automating complex tasks like running nodes and managing smart contracts, making it easy for beginners to understand and use the protocol.

Layer3 is a pioneering project designed to decentralize the $1 trillion attention economy through incentive and identity protocols. The platform connects myriad blockchain ecosystems together to help crypto users discover new projects and be rewarded for their activity across multiple chains and ). Fundamental to this system is the unified cross-chain identity provided to users, which prevents fragmentation while simplifying the experience.

A block explorer is like a search engine for blockchains. The tool allows you to view transactions, check wallet balances, and explore blocks in detail. As such, block explorers are a helpful tool for many different kinds of blockchain users, from traders who wish to check the status of a transaction to analysts wanting to study the activity of crypto whales.

Can three tokens merge into one? Of course! One major example is the ASI token merger, which represents a significant development in the AI and blockchain space. The merge will see Fetch.ai, SingularityNET, and Ocean Protocol combine under the Artificial Superintelligence Alliance (ASI). The goal is to combine the three tokens into a single asset, ASI, to improve interoperability and create a stronger decentralized AI ecosystem.

You may have explored the world of DeFi yield farming , earning rewards by staking your crypto or supplying liquidity to trading pools. While this might be productive, it can be tough to manage over time as you juggle yield farming across multiple decentralized applications (DApps) while attempting to keep transaction fees affordable. What if there was a way to streamline this process, maximize your yields, and slash those pesky gas fees? Enter yield aggregators — the DeFi powerhouses designed to simplify your experience and boost your earnings potential.

Polygon, a well-known Ethereum-scaling and infrastructure development platform, has gained significant popularity in the blockchain community. Its primary focus is to enhance scalability on the Ethereum network and facilitate fast and secure off-chain transactions. Payment processors and off-chain smart contract users value these features greatly.

Have you ever had a no-coiner friend say to you irritably: "why can't sending crypto be as easy as sending a link?" in a debate about cryptocurrency? The Solana Foundation has the answer here, having announced the release of , also known as "blinks," on June 25, 2024.

If you're a Telegram ecosystem veteran, chances are you've heard of Blum, the mini-app that's been making waves in the tap-to-earn scene thanks to its exciting roadmap and star-studded team. Yet, when you access Blum on Telegram, all you'll see is an interface to periodically collect Blum points and a "drop game". Is this the hotly anticipated Blum project that Web3 veterans have been looking forward to, or is there more to this than meets the eye?

Flash Protocol is pushing the boundaries of what Bitcoin can do. It’s bringing efficiency, programmability, and accessibility to crypto's first currency, but there’s much more under the surface. Flash Protocol is also making new rules. Whether it’s helping people to issue digital assets, making transactions safe and efficient, or helping new projects in the Taproot ecosystem, the technology is advancing the Bitcoin network. How does Flash Protocol achieve all this, and what could it mean for the future of blockchain technology?

Managing multiple blockchains — each with their own unique rules, can be a complicated task. This fragmentation can create challenges with liquidity and add a layer of complexity when making transactions. It's why interoperability is an important feature of blockchain networks, as it allows different chains to interact freely.

Aethir works to help open up powerful GPU (graphics processing unit) services and infrastructure for a wider pool of users. The project achieves this by pooling unused GPUs into a decentralized network and harnessing their collective power, making high-performance computing more accessible and affordable.

Ultiverse is a game production and publishing platform that incorporates artificial intelligence (AI), Web3, and cryptographic technologies into its creations. AI, blockchain technology, non-fungible tokens , , and a varied media matrix combine to create what Ultiverse calls a "digital society" — one defined by immersive and engaging play, creation, and connectivity.

Have you ever wondered why the Bitcoin network struggles with scalability and smart contract limitations despite being secure and decentralized? Although Bitcoin is secure, its transaction speed and cost can be improved. Enter Bitlayer — the first Bitcoin security-equivalent Layer-2 that aims to address these limitations by combining the Bitcoin Virtual Machine (BitVM) and zero-knowledge proofs (ZK proofs). Put simply, Bitlayer adds a computing layer to the Bitcoin network that increases transaction throughput and supports complex smart contracts without compromising Bitcoin's security.

With the explosive rise of Solana and Move-powered Layer-1 blockchains like Sui and Aptos, it seems the crypto market is weighted towards blockchains focused on scalability. Interestingly, while these blockchains possess remarkable throughput and speed, they lack one key factor — compatibility. As a high-performance smart contract platform, Monad seeks to fill this gap. In fact, the project team claims to have achieved hyper scalability while providing compatibility within the Ethereum ecosystem.

Even a quick look through the crypto news archives over the past couple of years will show a flurry of activity related to crypto and the Netherlands. The northern European nation is quickly establishing itself as a regional hub for crypto trading and Web3 innovation.

Groundbreaking regulation for crypto April 2023 brought a turning point for the global crypto industry, with the EU's Markets in Cryptoassets (MiCA) Regulation. The new directives will govern cryptocurrency companies and the services they provide to users across all European Union states. MiCA became the first and only legislation of its kind in the world, and other nations are close to introducing crypto regulation of their own.

As decentralized finance (DeFi) emerged, it created new tools and opportunities in Web3 and trading. Synthetix, a decentralized liquidity protocol, is one example. Put simply, Synthetix supports the trading of derivatives. Users of the protocol can tokenize assets such as gold and oil and make them tradeable on the Ethereum blockchain without holding the assets in question.

Crypto savings accounts have emerged as another example of how digital assets are disrupting traditional payment systems and creating new avenues for financial growth. These accounts harness blockchain technology’s power to give users a unique way to grow their crypto holdings in the digital era.

After venturing into the crypto scene, it doesn’t take long to encounter a ‘whale’. But what are they exactly, how'd they get this title? In simple terms, whales are individuals who hold a significant amount of cryptocurrencies. As a result of their whale-sized holdings, these individuals or organizations can have significant influence over the prices of cryptocurrencies as they buy and sell assets. 

Introduction With the anticipation of the Bitcoin Halving , all eyes are on the creator of ordinals , Casey Rodarmor, who has announced that the Runes protocol will launch at the same time. Will the protocol live up to its potential and make up for what BRC-20 allegedly lacks?

Decentralized exchanges (DEXs) play an important role in financial innovation, reshaping how we perceive and engage with traditional finance. Imagine a world where intermediaries and centralized authorities take a back seat, allowing financial transactions to happen seamlessly, governed by code and community consensus. In contrast to traditional centralized exchanges, DEXs enable users to trade directly from their .

Rootstock is a platform that helps boost the functionality of the Bitcoin network by allowing for smart contracts, apps, and quicker transactions, all while upholding high-level security. It's compatible with Ethereum, allowing for easy migration or integration of Ethereum-based applications. Rootstock aims to foster a more decentralized financial ecosystem through Bitcoin's security and adding features like smart contracts and merged mining.

After Ethereum introduced Ethscriptions and Bitcoin brought us inscriptions, it's now Solana's turn to enter the spotlight. SPL-20 is Solana's approach to embedding digital art and NFTs directly onto its blockchain, bringing inscriptions to the Solana space.

Bitcoin (BTC) and Ethereum (ETH) have been major catalysts for the cryptocurrency industry, each sparking a wave of innovation and ushering in many new use cases. These pioneers were early proponents of decentralization and security, which helped to spotlight the transformative potential of blockchain technology.