While several cryptocurrencies' tokenomics, including reflection tokens, are deflationary, another class of cryptocurrencies known as hyper-deflationary tokens goes even further.
Blockchain metaverses, as a type of metaverse, allow interactions to evolve within virtual spaces. This creates a fully functional digital economic environment in which users can monetize their purchases and creations. NFTs (Non-Fungible Tokens) that...
A token swap is an agreement between two parties to exchange different types of tokens (for example, token A and token B). In a token swap, one party pays a certain amount of token A to the other party in exchange for the agreed-upon amount of token...
Ledger manufactures both the Ledger Nano S and the Ledger Nano X. The X is a newer, more expensive version of the Nano S, which has proven to be one of the most popular and best-selling crypto hardware wallets to date. Both hardware wallets are...
A blockchain allows us to build decentralised systems in which we can trust, thanks to base consensus, that:
A public blockchain is a permissionless, non-restrictive distributed ledger system. Anyone with internet access can sign up for a blockchain platform to become an authorized node and join the blockchain network. A node or user which is a part of the...
In its now 13-year history, there are some milestones that can be said to correlate with the rise of cryptocurrency and Bitcoin. These include, but are not limited to, the year 2011 when the first challengers to Bitcoin's dominance (altcoins)...
When Facebook rebranded its corporate identity to Meta in October 2021, it announced plans to invest at least $10 billion in the concept that year. Along with Meta, tech titans such as Google, Microsoft, Nvidia, and Qualcomm are investing billions of...
In the metaverse, children can create virtual worlds or personalised avatars and use virtual currency, cryptocurrencies, or setting-specific currencies to purchase goods or services. Children can enter the metaverse by using VR headsets, smartphones,...
Soft forks are less disruptive than hard forks because a crypto network can continue to operate as one blockchain even if some nodes disagree with the changes. Hard forks, on the other hand, create two blockchains that coexist, and nodes must upgrade...